| Scorecard |
|---|
|
3 / 5 Stars
|
|
Lipper
3
2
1
5
2
|
|
Zacks Investment Research
1
(Strong Buy)
|
|
Standard & Poor's
4 / 5 Stars
|
|
TheStreet.com
C+
(Hold)
|
#31 in High Yield Bond
U.S. News evaluated 166 High Yield Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 13.68 percent over the past year, 10.27 percent over the past three years, 9.08 percent over the past five years, and 7.74 percent over the past decade.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 5.2% |
| 1 Year | 13.7% |
| 3 Years (Annualized) | 10.3% |
| 5 Years (Annualized) | 9.1% |
| 10 Years (Annualized) | 7.7% |
Summary
The investment seeks a high level of current income. The fund invests at least 80% of its net assets in lower quality bonds and other fixed-income securities (commonly referred to as "junk bonds"). Lower rated securities tend to offer higher yields than higher rated securities with similar maturities. It may invest a portion of its assets in securities of higher quality. During temporary defensive periods, the fund may invest all of its assets in securities of higher quality. Although the fund primarily invests in the debt obligations of domestic issuers, it may make limited investments in the securities of foreign issuers.
Fees
Fees are Above Average compared to funds in the same category.
Northern High Yield Fixed Income Fund has an expense ratio of 0.83 percent.
Risk
Risk is Below Average compared to funds in the same category according to Morningstar.
Fund Opinions
The fund's Value Line Overall Rank, a measure of risk-adjusted performance and relative growth in fund returns, is 2 on a scale of 1 to 5, with 1 being the best and 5 the worst.
Value Line 2013-03-12
The fund's Value Line Growth Persistence rank, which awards funds that consistently outperform their broad universes, is 2 for one year, 2 for five years, and 2 for 10 years. Scores are on a 1 to 5 scale, with 1 being the best and 5 the worst.
Value Line 2013-03-12
The fund's Value Line Risk Rank, a measure of volatility, is 5 on a scale of 1 to 5, with 1 being the least volatile and 5 the most.
Value Line 2013-03-12
