*On May 14, 2020, the Board of Trustees of the Northern Institutional Funds approved the closing and subsequent liquidation and termination of the Prime Obligations Portfolio. The portfolio was liquidated after the close of business on July 10, 2020. Please contact the Northern Institutional Funds Center at 800-637-1380 if you have any questions.
**The Board of Trustees of Northern Institutional Funds (the “Trust”) has determined, after consideration of a number of factors, that it is in the best interests of the Municipal Portfolio (the “Portfolio”) and its shareholders that the Portfolio be liquidated and terminated on or about February 12, 2021 (the “Liquidation Date”) pursuant to a plan of liquidation approved by the Board. The Liquidation Date may be changed at the discretion of the Trust’s officers. Please contact the Northern Institutional Funds Center at 800-637-1380 if you have any questions.
U.S. Government Portfolio, U.S. Government Select Portfolio and Treasury Portfolio (collectively, the "Government Portfolios"); Municipal Portfolio (the "Non-Government Portfolio"); and collectively, the Government Portfolios and Non-Government Portfolios, each a "Portfolio", and, collectively, the "Portfolios".
The Williams Capital Shares are offered exclusively to clients of Siebert Williams Shank & Co., LLC ("SWS"), is not affiliated with Northern Funds Distributors, LLC or Northern Trust.