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

Core Bond

Ticker:

NAV AS OF 05/26/23

NOCBX

$8.84

-$0.01

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

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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.