Northern Trust Logo
 

Northern Trust Investment Grade US Long Corporate Bond Index

 
.
 
 
 
.

Find a Fund

 
Search go
  • Snapshot
  • Performance
  • Characteristics
  • Index Documents
Index Overview
The Northern Trust Investment Grade US Long Corporate Bond Index is designed to measure the performance of a diversified universe of longer term, investment grade, US dollar denominated, corporate bonds issued in the United States. The index is comprised of eligible securities with $250mm or more in outstanding principal, and a maturity of greater than ten years at each reconstitution.
Index Construction
Capitalization-Weighted
Index Methodology
The construction of each index begins with a securities screen to determine eligibility for inclusion in the index. Once all eligible securities have been identified, a market value weighting scheme is applied to derive each index constituents' weight.

For more details on this methodology, please see the Index Documents tab.
Index Return Streams Available
  • Price Return: NTUILCB
  • Total Return: NTUILCBTR

Related Documents

 
Inception Date29-MAY-15
Index Value at Inception Date1,000
Hypothetical Inception Date31-DEC-03
Index Value at Hypothetical Inception Date459.94

Total Returns

As of 21-FEB-18
 1 Month %1 Month Annualized %3 Month %3 Month Annualized %6 Month %6 Month Annualized %YTD %YTD Annualized %Since Inception %Since Inception Annualized %Inception Date
NTUILCBTR
-4.04-36.66-3.86-14.45-1.97-3.86-5.58-32.1712.744.4829-MAY-15
.
Index Characteristics
 
Index Constituents1,966
Weighted Average Yield to Maturity4.48%
Weighted Average Coupon5.13%
Weighted Average Yield to Worst4.48%
21-FEB-18
Weighted Average Maturity23.53
Weighted Average Effective Duration13.82
Weighted Average Option Adjusted Spread135.31
Weighted Average NRSRO RatingA-
Index Composition

Top 10 Constituents Weights
View All

as of 21-FEB-18
Security NameWeight
ANHEUSER BUSCH INBEV FIN INC 4.9000 02/01/20460.73%
GE CAPITAL INTERNATIONAL FDG 4.4180 11/15/20350.71%
GOLDMAN SACHS GROUP INC 6.7500 10/01/20370.44%
ANHEUSER BUSCH INBEV FIN INC 4.7000 02/01/20360.39%
CASH_USD0.37%
VERIZON COMMUNICATIONS INC 5.0120 08/21/20540.34%
VERIZON COMMUNICATIONS INC 4.6720 03/15/20550.32%
DEUTSCHE TELEKOM INTL FIN B V 8.7500 06/15/20300.32%
AT&T INC 5.1500 02/14/20500.31%
VERIZON COMMUNICATIONS INC 4.5220 09/15/20480.30%
% of Index4.23%

Top 10 Issuers by Index Weight
View All

as of 21-FEB-18
Issuer Name# of IssuesWeight
AT&T INC273.12%
VERIZON COMMUNICATIONS INC222.92%
MICROSOFT CORP182.04%
COMCAST CORP NEW261.80%
ANHEUSER BUSCH INBEV WORLDWIDE111.70%
GENERAL ELEC CAP CORP MTN BE71.65%
DUKE ENERGY CAROLINAS LLC431.47%
JPMORGAN CHASE & CO121.44%
GOLDMAN SACHS GROUP INC81.39%
ORACLE CORP131.38%
% of Index18.91%

Key Rate Duration (KRD)
 

as of 21-FEB-18
MaturityKRD
3 Month0.00
1 Year0.01
2 Year0.03
3 Year0.07
5 Year0.14
7 Year0.25
10 Year0.82
15 Year1.80
20 Year3.01
25 Year4.31
30 Year3.31
YEARS13.75
.
.
 MethodologyIndex HoldingsRebalance ScheduleIndex Performance since
Hypothetical Inception
Northern Trust Investment Grade US Long Corporate Bond Index
NTUILCBTR
Download PDFDownload ExcelDownload PDFDownload Excel