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Equity FundsFixed Income FundsMoney Market FundsMulti-Asset FundInstitutional Money Market Funds
Fixed Income

Core Bond

Ticker:

NAV AS OF 09/22/23

NOCBX

$8.61

$0.03

FUND LITERATURE

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Summary

This Fund is a good choice for those long-term, income-oriented investors who are looking to diversify their investments by gaining a broad exposure to the investment-grade U.S. bond market (excluding high yield). The Core Bond Fund seeks to maximize total return consistent with reasonable risk by investing primarily in a broad range of bonds and other fixed income securities. This Fund maintains a dollar-weighted average maturity between three and 15 years.

Fund Objective

The Fund seeks to maximize total return (capital appreciation and income) consistent with reasonable risk.

Fund Strategy

  • Invest primarily in domestic investment-grade debt obligations with an average maturity, under normal circumstances, between three and 15 years.
  • Buy and sell securities using a relative value approach that employs models that analyze and compare expected returns and assumed risks.
  • Emphasize securities and types of securities (such as Treasury, agency, asset-backed, mortgage-related and corporate securities) that we believe have the potential to provide a favorable return.

Investor Profile

If you are a long-term, income-oriented investor who is looking to diversify your investments by gaining broad exposure to the U.S. bond market while eliminating your exposure to non-investment grade debt then this Fund may be right for you. It offers a diversified portfolio of bond securities primarily invested in U.S. investment-grade debt.

Risk/Reward Potential

risk reward

Important risk information can be found on the Portfolio tab.

Not FDIC insured | May lose value | No bank guarantee

View investment terms definitions

Please carefully read the prospectus and summary prospectus and consider the investment objectives, risks, charges and expenses of Northern Funds carefully before investing. Call 800-595-9111 to obtain a prospectus and summary prospectus, which contains this and other information about the funds.

©2023 Northern Funds | Northern Funds are distributed by Northern Funds Distributors, LLC, not affiliated with Northern Trust.