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Annual Reports

Equity Funds Annual Report
as of March 31, 2021

Equity Index Funds Annual Report
as of March 31, 2021

Global Tactical Asset Allocation Fund Annual Report
as of March 31, 2021

Multi-Manager Funds Annual Report
as of March 31, 2021

Fixed Income Funds Annual Report
as of March 31, 2021

Fixed Income Index Funds Annual Report
as of March 31, 2021

Tax-Exempt Fixed Income Funds Annual Report
as of March 31, 2021

Money Market Funds Annual Report
as of March 31, 2021

Semiannual Reports

Equity Funds Semiannual Report
as of September 30, 2020

Equity Index Funds Semiannual Report
as of September 30, 2020

Global Tactical Asset Allocation Fund Semiannual Report
as of September 30, 2020

Active M/Multi-Manager Funds Semiannual Report
as of September 30, 2020

Fixed Income Funds Semiannual Report
as of September 30, 2020

Fixed Income Index Funds Semiannual Report
as of September 30, 2020

Tax-Exempt Fixed Income Funds Semiannual Report
as of September 30, 2020

Money Market Funds Semiannual Report
as of September 30, 2020

*****The Board of Trustees (the “Board”) of Northern Funds (the “Trust”) has determined, after consideration of a number of factors, that it is in the best interests of the Municipal Money Market Fund (the “Fund”) and its shareholders that the Fund be liquidated and terminated. The Fund was liquidated after the close of business on February 12, 2021 pursuant to a plan of liquidation approved by the Board. Please contact the Northern Funds Center at 800-595-9111 if you have any questions.

******The Board of Trustees (the “Board”) of Northern Funds (the “Trust”) has approved a Plan of Reorganization, which is the reorganization of the Money Market Fund, a series of the Trust (the “Acquired Fund”), with and into the U.S. Government Money Market Fund, also a series of the Trust (the “Acquiring Fund” and, together with the Acquired Fund, the “Funds”). The Board concluded that the reorganization would be in the best interests of each Fund and their shareholders and shareholders’ interests will not be diluted as a result of the reorganization. At a special shareholder meeting dtd March 31, 2021, The Plan of Reorganization was submitted to shareholders of the Acquired Fund and approved. The reorganization was effected as of the close of business on April 9, 2021 and pursuant to the Plan that provides for the reorganization. Please contact the Northern Funds Center at 800-595-9111 if you have any questions.

 

Not FDIC insured | May lose value | No bank guarantee

An investment in Northern Funds involves risks, including possible loss of principal.

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

Shares of the Northern 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 Funds in any jurisdiction in which such offer, solicitation or sale would be unlawful.

©2021 Northern Funds | Northern Funds are distributed by Northern Funds Distributors, LLC, not affiliated with Northern Trust.