Northern Income Equity Fund Quote
| NOIEX Fund | USD 17.55 0.05 0.29% |
Performance8 of 100
| Odds Of DistressLess than 19
|
Northern Income is trading at 17.55 as of the 20th of November 2024; that is 0.29 percent increase since the beginning of the trading day. The fund's open price was 17.5. Northern Income has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Northern Income Equity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of October 2024 and ending today, the 20th of November 2024. Click here to learn more.
In seeking to achieve its investment objective, the fund will, under normal circumstances, invest at least 80 percent of its net assets in income-producing equity securities, including dividend-paying common and preferred stocks. It seeks to provide a high level of current income relative to other mutual funds that invest in equity securities. More on Northern Income Equity
Moving together with Northern Mutual Fund
Moving against Northern Mutual Fund
Northern Mutual Fund Highlights
| Fund Concentration | Northern Funds, Large Value Funds, Large Value, Northern Funds, Large Blend, Large Value (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 29th of July 2022 |
| Fiscal Year End | March |
Northern Income Equity [NOIEX] is traded in USA and was established 20th of November 2024. Northern Income is listed under Northern Funds category by Fama And French industry classification. The fund is listed under Large Value category and is part of Northern Funds family. This fund now has accumulated 144.8 M in assets with minimum initial investment of 2.5 K. Northern Income Equity is currently producing year-to-date (YTD) return of 24.0% with the current yeild of 0.02%, while the total return for the last 3 years was 9.93%.
Check Northern Income Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Northern Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Northern Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Northern Income Equity Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Northern Income Equity Mutual Fund Constituents
| PFE | Pfizer Inc | Stock | Health Care | |
| CMCSA | Comcast Corp | Stock | Communication Services | |
| DIS | Walt Disney | Stock | Communication Services | |
| AMGN | Amgen Inc | Stock | Health Care | |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services | |
| C | Citigroup | Stock | Financials | |
| MRK | Merck Company | Stock | Health Care | |
| MO | Altria Group | Stock | Consumer Staples |
Northern Income Equity Risk Profiles
| Mean Deviation | 0.5311 | |||
| Semi Deviation | 0.6086 | |||
| Standard Deviation | 0.6963 | |||
| Variance | 0.4849 |
Northern Income Against Markets
Other Information on Investing in Northern Mutual Fund
Northern Income financial ratios help investors to determine whether Northern Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Northern with respect to the benefits of owning Northern Income security.
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