x
Your preference has been saved. Remove your saved preference.
You must supply both a username and a password to login.
You must supply a username, password and token to login.
Sign on
Passport secured login icon  
 
Wealth Management
Asset Management
Asset Servicing
Insights & Research
About Northern Trust
Search go
Click to close drop down menu.
 
Click to close drop down menu.
Financial Intermediary
Learn about asset management solutions designed for Retirement Plan Advisors, TAMPs/Outsourcing Providers, Subadvisory Program Sponsors, RIAs/Financial Advisors and Trust Institutions.
Institutional
Learn about asset management solutions including: global index management, active equity and fixed income, target retirement date funds, and manager of manager programs.
Individual
Get answers to your investment challenges with asset management capabilities including alternatives, exchange traded funds, fixed income, mutual funds and tax-advantaged equity.
Click to close drop down menu.
 
Northern Trust Logo
 

Institutional Money Market Funds

 
.
 
 
 
.
.

Find a Fund

 
Search go

FILTER BY:

  Filter table
  • Yields
  • Quarterly Performance
  • Monthly Performance
  • Fund Documents
Updated Daily as of09/29/2014Updated Daily As of 09/29/14 Unless Otherwise Noted
 Updated Monthly
as of 08/31/14
Average Monthly Yields
Fund Name
Ticker   CUSIP
NAV   7-Day
Current     Yield
      with Waivers
   7-Day
Current     Yield
      w/o Waivers
    7-Day
Effective     Yield
Daily
Yield
08/1407/1406/14
Diversified Assets
BDAXX  665278107
1.00   0.01%   -0.20%   0.01%   0.01%   0.01%   0.01%   0.01%
Diversified Assets
BDCXX  665278206
1.00   0.01%   -0.20%   0.01%   0.01%   0.01%   0.01%   0.01%
Municipal
NMUXX  665278248
1.00   0.01%   -0.12%   0.01%   0.01%   0.01%   0.01%   0.01%
Municipal
BMSXX  665278255
1.00   0.01%   -0.12%   0.01%   0.01%   0.01%   0.01%   0.01%
Prime Obligations
NPAXX  665279204
1.00   0.01%   N/A   0.01%   0.01%   0.01%   0.02%   0.02%
Prime Obligations
NPCXX  665279303
1.00   0.01%   N/A   0.01%   0.01%   0.01%   0.01%   0.01%
Tax-Exempt
BTEXX  665278875
1.00   0.01%   -0.26%   0.01%   0.01%   0.01%   0.01%   0.01%
Tax-Exempt
BTSXX  665278867
1.00   0.01%   -0.26%   0.01%   0.01%   0.01%   0.01%   0.01%
Treasury
NITXX  665279808
1.00   0.01%   -0.13%   0.01%   0.01%   0.01%   0.01%   0.01%
U.S. Government
BNGXX  665278404
1.00   0.01%   -0.26%   0.01%   0.01%   0.01%   0.01%   0.01%
U.S. Government
BGCXX  665278503
1.00   0.01%   -0.26%   0.01%   0.01%   0.01%   0.01%   0.01%
U.S. Government Select
BGSXX  665278701
1.00   0.01%   -0.11%   0.01%   0.01%   0.01%   0.01%   0.01%
U.S. Government Select
BSCXX  665278800
1.00   0.01%   -0.11%   0.01%   0.01%   0.01%   0.01%   0.01%

WCGXX  665279840
(As of 09/26/14)
1.00N/A   N/A0.01%   0.01%N/AN/AN/A
Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than that shown here.

Northern Trust Investments, Inc. has contractually agreed to limit the management fees charged to the Portfolio to a percentage (as specified on each individual Portfolio's performance page) of the Portfolio’s average daily net assets and to reimburse certain expenses of the Portfolio (including the administration fee, but excluding the investment advisory fee and transfer agency fee, servicing fees, extraordinary expenses such as taxes, interest, and indemnification expenses, acquired fund fees and expenses, a portion of the compensation paid to each Trustee who is not an officer, director or employee of Northern Trust Corporation or its subsidiaries; expenses related to third-party consultants engaged by the Board of Trustees of Northern Institutional Funds and membership dues paid to the Investment Company Institute and Mutual Fund Directors Forum) to the extent the Portfolio's "Other Expenses" exceed this percentage limit. These contractual limitations may not be terminated before April 1, 2016 without the approval of the Board of Trustees. In the absence of these reimbursements, yield, total return, growth since inception and dividends would have been reduced. Total return is based on net change in NAV assuming reinvestment of distributions. The 7-day current yield more closely reflects the current earnings of the Portfolio than the total returns. The Portfolio also includes voluntary expense reimbursements to prevent a negative yield that may change or end at any time. Northern Trust Investments, Inc. serves as the investment adviser and administrator to the Portfolio. The Northern Trust Company, an affiliate of Northern Trust Investments, Inc., serves as transfer agent, custodian and subadministrator to the Portfolio.
Performance information for the Williams Capital Shares of the Portfolio prior to 09/15/2014 are for Shares, another class of shares of the Portfolio that is offered in a separate prospectus. The Williams Capital Shares would have substantially similar annual returns because the Williams Capital Shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that the classes have different expenses. The Williams Capital Shares are offered exclusively to clients of The Williams Capital Group, L.P. Williams Capital Group, L.P., is not affiliated with Northern Funds Distributors, LLC or Northern Trust.
Not FDIC insured | May lose value | No bank guarantee

An investment in Northern Institutional Funds is not insured by the FDIC, and is not a deposit or obligation of, or guaranteed by The Northern Trust Company or any affiliate. An investment in Northern Institutional Funds involves risks, including possible loss of principal.

An investment in the Money Market Funds is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. Although the Funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Funds.

Please carefully read the prospectus and summary prospectus and consider the investment objectives, risks, charges and expenses of Northern Institutional Funds before investing. Call 800-637-1380 to obtain a prospectus and summary prospectus, which contains this and other information about the funds.

Shares of the Northern Institutional Funds are offered only by a current Prospectus and are intended solely for persons to whom shares of US registered funds may be sold. This site shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of shares of the Northern Institutional Funds in any jurisdiction in which such offer, solicitation or sale would be unlawful.

©2014 Northern Institutional Funds | Northern Institutional Funds are distributed by Northern Funds Distributors, LLC, not affiliated with Northern Trust.

 Average Annual Returns as of 06/30/14Annual Expense Ratios
Fund Name  
Ticker  CUSIP  
1-Yr    3-Yr    5-Yr    10-Yr    Since
Inception 
 
Inception DateGross   Net1,2  
Diversified Assets
BDAXX  665278107
0.01%0.01%0.02%1.57%4.32%06/01/830.37%0.35%
Diversified Assets
BDCXX  665278206
0.01%0.01%0.02%1.44%2.10%07/01/980.63%0.61%
Municipal
NMUXX  665278248
0.02%0.02%0.06%1.23%1.51%12/01/990.22% 0.20%
Municipal
BMSXX  665278255
0.02%0.01%0.02%1.08%1.29%02/11/000.47%0.45%
Prime Obligations
NPAXX  665279204
0.02%0.05%0.10%1.68%1.62%08/21/030.17% 0.15%
Prime Obligations
NPCXX  665279303
0.02%0.04%0.04%1.52%1.46%09/02/030.42%0.40%
Tax-Exempt
BTEXX  665278875
0.01%0.01%0.03%1.14%2.83%08/12/830.38% 0.35%
Tax-Exempt
BTSXX  665278867
0.01%0.01%0.02%1.01%1.29%05/13/990.64%0.61%
Treasury
NITXX  665279808
0.01%0.02%0.03%N/A0.05%11/05/080.22% 0.15%
U.S. Government
BNGXX  665278404
0.01%0.01%0.02%1.52%3.79%10/29/850.37%0.35%
U.S. Government
BGCXX  665278503
0.01%0.01%0.02%1.39%1.89%04/01/990.62%0.60%
U.S. Government Select
BGSXX  665278701
0.01%0.01%0.02%1.55%3.10%11/07/900.22% 0.20%
U.S. Government Select
BSCXX  665278800
0.01%0.01%0.01%1.43%1.92%05/28/990.47%0.45%
U.S. Government Select
WCGXX  665279840
N/AN/AN/AN/AN/A09/15/140.22% 0.20%
1Northern Institutional Funds include contractual expense reimbursements that, if not extended, will end on April 1, 2016. The Northern Institutional Treasury Portfolio also includes a voluntary fee waiver that may change or end at any time.
2Unaudited as of August 31, 2014.
Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than that shown here.

Northern Trust Investments, Inc. has contractually agreed to limit the management fees charged to the Portfolio to a percentage (as specified on each individual Portfolio's performance page) of the Portfolio’s average daily net assets and to reimburse certain expenses of the Portfolio (including the administration fee, but excluding the investment advisory fee and transfer agency fee, servicing fees, extraordinary expenses such as taxes, interest, and indemnification expenses, acquired fund fees and expenses, a portion of the compensation paid to each Trustee who is not an officer, director or employee of Northern Trust Corporation or its subsidiaries; expenses related to third-party consultants engaged by the Board of Trustees of Northern Institutional Funds and membership dues paid to the Investment Company Institute and Mutual Fund Directors Forum) to the extent the Portfolio's "Other Expenses" exceed this percentage limit. These contractual limitations may not be terminated before April 1, 2016 without the approval of the Board of Trustees. In the absence of these reimbursements, yield, total return, growth since inception and dividends would have been reduced. Total return is based on net change in NAV assuming reinvestment of distributions. The 7-day current yield more closely reflects the current earnings of the Portfolio than the total returns. The Portfolio also includes voluntary expense reimbursements to prevent a negative yield that may change or end at any time. Northern Trust Investments, Inc. serves as the investment adviser and administrator to the Portfolio. The Northern Trust Company, an affiliate of Northern Trust Investments, Inc., serves as transfer agent, custodian and subadministrator to the Portfolio.
Performance information for the Williams Capital Shares of the Portfolio prior to 09/15/2014 are for Shares, another class of shares of the Portfolio that is offered in a separate prospectus. The Williams Capital Shares would have substantially similar annual returns because the Williams Capital Shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that the classes have different expenses. The Williams Capital Shares are offered exclusively to clients of The Williams Capital Group, L.P. Williams Capital Group, L.P., is not affiliated with Northern Funds Distributors, LLC or Northern Trust.
Not FDIC insured | May lose value | No bank guarantee

An investment in Northern Institutional Funds is not insured by the FDIC, and is not a deposit or obligation of, or guaranteed by The Northern Trust Company or any affiliate. An investment in Northern Institutional Funds involves risks, including possible loss of principal.

An investment in the Money Market Funds is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. Although the Funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Funds.

Please carefully read the prospectus and summary prospectus and consider the investment objectives, risks, charges and expenses of Northern Institutional Funds before investing. Call 800-637-1380 to obtain a prospectus and summary prospectus, which contains this and other information about the funds.

Shares of the Northern Institutional Funds are offered only by a current Prospectus and are intended solely for persons to whom shares of US registered funds may be sold. This site shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of shares of the Northern Institutional Funds in any jurisdiction in which such offer, solicitation or sale would be unlawful.

©2014 Northern Institutional Funds | Northern Institutional Funds are distributed by Northern Funds Distributors, LLC, not affiliated with Northern Trust.

 Total Returns as of 08/31/14Annual Expense Ratios
Fund Name  
Ticker   CUSIP  
Month   3-Month   YTD   Gross   Net1,2  
Diversified Assets
BDAXX  665278107
0.00%0.00%0.01%0.37%0.35%
Diversified Assets
BDCXX  665278206
0.00%0.00%0.01%0.63%0.61%
Municipal
NMUXX  665278248
0.00%0.00%0.01%0.22% 0.20%
Municipal
BMSXX  665278255
0.00%0.00%0.01%0.47%0.45%
Prime Obligations
NPAXX  665279204
0.00%0.01%0.01%0.17% 0.15%
Prime Obligations
NPCXX  665279303
0.00%0.00%0.01%0.42%0.40%
Tax-Exempt
BTEXX  665278875
0.00%0.00%0.01%0.38% 0.35%
Tax-Exempt
BTSXX  665278867
0.00%0.00%0.01%0.64%0.61%
Treasury
NITXX  665279808
0.00%0.00%0.01%0.22% 0.15%
U.S. Government
BNGXX  665278404
0.00%0.00%0.01%0.37%0.35%
U.S. Government
BGCXX  665278503
0.00%0.00%0.01%0.62%0.60%
U.S. Government Select
BGSXX  665278701
0.00%0.00%0.01%0.22% 0.20%
U.S. Government Select
BSCXX  665278800
0.00%0.00%0.01%0.47%0.45%
U.S. Government Select
WCGXX  665279840
N/AN/AN/A0.22% 0.20%
1Northern Institutional Funds include contractual expense reimbursements that, if not extended, will end on April 1, 2016. The Northern Institutional Treasury Portfolio also includes a voluntary fee waiver that may change or end at any time.
2Unaudited as of August 31, 2014.
Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than that shown here.

Northern Trust Investments, Inc. has contractually agreed to limit the management fees charged to the Portfolio to a percentage (as specified on each individual Portfolio's performance page) of the Portfolio’s average daily net assets and to reimburse certain expenses of the Portfolio (including the administration fee, but excluding the investment advisory fee and transfer agency fee, servicing fees, extraordinary expenses such as taxes, interest, and indemnification expenses, acquired fund fees and expenses, a portion of the compensation paid to each Trustee who is not an officer, director or employee of Northern Trust Corporation or its subsidiaries; expenses related to third-party consultants engaged by the Board of Trustees of Northern Institutional Funds and membership dues paid to the Investment Company Institute and Mutual Fund Directors Forum) to the extent the Portfolio's "Other Expenses" exceed this percentage limit. These contractual limitations may not be terminated before April 1, 2016 without the approval of the Board of Trustees. In the absence of these reimbursements, yield, total return, growth since inception and dividends would have been reduced. Total return is based on net change in NAV assuming reinvestment of distributions. The 7-day current yield more closely reflects the current earnings of the Portfolio than the total returns. The Portfolio also includes voluntary expense reimbursements to prevent a negative yield that may change or end at any time. Northern Trust Investments, Inc. serves as the investment adviser and administrator to the Portfolio. The Northern Trust Company, an affiliate of Northern Trust Investments, Inc., serves as transfer agent, custodian and subadministrator to the Portfolio.
Performance information for the Williams Capital Shares of the Portfolio prior to 09/15/2014 are for Shares, another class of shares of the Portfolio that is offered in a separate prospectus. The Williams Capital Shares would have substantially similar annual returns because the Williams Capital Shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that the classes have different expenses. The Williams Capital Shares are offered exclusively to clients of The Williams Capital Group, L.P. Williams Capital Group, L.P., is not affiliated with Northern Funds Distributors, LLC or Northern Trust.
Not FDIC insured | May lose value | No bank guarantee

An investment in Northern Institutional Funds is not insured by the FDIC, and is not a deposit or obligation of, or guaranteed by The Northern Trust Company or any affiliate. An investment in Northern Institutional Funds involves risks, including possible loss of principal.

An investment in the Money Market Funds is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. Although the Funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Funds.

Please carefully read the prospectus and summary prospectus and consider the investment objectives, risks, charges and expenses of Northern Institutional Funds before investing. Call 800-637-1380 to obtain a prospectus and summary prospectus, which contains this and other information about the funds.

Shares of the Northern Institutional Funds are offered only by a current Prospectus and are intended solely for persons to whom shares of US registered funds may be sold. This site shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of shares of the Northern Institutional Funds in any jurisdiction in which such offer, solicitation or sale would be unlawful.

©2014 Northern Institutional Funds | Northern Institutional Funds are distributed by Northern Funds Distributors, LLC, not affiliated with Northern Trust.

Performance information for the Williams Capital Shares of the Portfolio prior to 09/15/2014 are for Shares, another class of shares of the Portfolio that is offered in a separate prospectus. The Williams Capital Shares would have substantially similar annual returns because the Williams Capital Shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that the classes have different expenses. The Williams Capital Shares are offered exclusively to clients of The Williams Capital Group, L.P. Williams Capital Group, L.P., is not affiliated with Northern Funds Distributors, LLC or Northern Trust.
Not FDIC insured | May lose value | No bank guarantee

An investment in Northern Institutional Funds is not insured by the FDIC, and is not a deposit or obligation of, or guaranteed by The Northern Trust Company or any affiliate. An investment in Northern Institutional Funds involves risks, including possible loss of principal.

An investment in the Money Market Funds is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. Although the Funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Funds.

Please carefully read the prospectus and summary prospectus and consider the investment objectives, risks, charges and expenses of Northern Institutional Funds before investing. Call 800-637-1380 to obtain a prospectus and summary prospectus, which contains this and other information about the funds.

Shares of the Northern Institutional Funds are offered only by a current Prospectus and are intended solely for persons to whom shares of US registered funds may be sold. This site shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of shares of the Northern Institutional Funds in any jurisdiction in which such offer, solicitation or sale would be unlawful.

©2014 Northern Institutional Funds | Northern Institutional Funds are distributed by Northern Funds Distributors, LLC, not affiliated with Northern Trust.