Northeast Investors Trust (NTHEX)

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Northeast Investors Trust (NTHEX) is up 0.9% since the beginning of the year. NTHEX is currently trading at $4 per share. Investors who bought $1,000 worth of NTHEX shares 5 years ago would now be looking at an investment worth $1,245.

Northeast Investors Trust (NTHEX) has returned 0.91% so far this year and 11.92% over the past 12 months. Over the last ten years, NTHEX has returned 4.07% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Jan 2, 1980, NTHEX's average daily return is +0.02%, while the average monthly return is +0.42%. At this rate, an investment would double in approximately 13.8 years.

Historically, 64% of months were positive and 36% were negative. The best month was Apr 2009 with a return of +13.8%, while the worst month was Oct 2008 at -16.3%. The longest winning streak lasted 16 consecutive months, and the longest losing streak was 8 months.

On a daily basis, NTHEX closed higher 38% of trading days. The best single day was Apr 30, 1980 with a return of +10.5%, while the worst single day was Feb 28, 1980 at -8.1%.

Northeast Investors Trust has an annualized alpha of 3.81%, beta of 0.11, and R2 of 0.07 versus S&P 500 Index. Calculated based on daily prices since January 03, 1980.

• This fund participated in 31.56% of S&P 500 Index downside but only 31.20% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.11 may look defensive, but with R2 of 0.07 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.07 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

NTHEX has a high expense ratio of 1.83%, indicating above-average management fees.

NTHEX ranks 81 for risk / return — in the top 81% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Northeast Investors Trust (NTHEX) and compare them to S&P 500 Index.

Northeast Investors Trust provided a 4.49% dividend yield over the last twelve months, with an annual payout of $0.17 per share.

The table displays the monthly dividend distributions for Northeast Investors Trust. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Northeast Investors Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Northeast Investors Trust was 50.61%, occurring on Mar 5, 2009. Recovery took 447 trading sessions.

The current Northeast Investors Trust drawdown is 1.30%.

The chart below shows the rolling one-month volatility.