LIMITED TERM U.S. GOVERNMENT FUND
Name
As of 10/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.2%
1 yr return
6.3%
3 Yr Avg Return
0.0%
5 Yr Avg Return
0.5%
Net Assets
$32 M
Holdings in Top 10
50.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.64%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 411.02%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NSIUX - Profile
Distributions
- YTD Total Return 3.2%
- 3 Yr Annualized Total Return 0.0%
- 5 Yr Annualized Total Return 0.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.17%
- Dividend Yield 2.8%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameLIMITED TERM U.S. GOVERNMENT FUND
-
Fund Family NameNorthern Trust
-
Inception DateOct 01, 2099
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Chico
Fund Description
∎ | U.S. Treasury bills, notes and bonds; |
∎ | Obligations of the U.S. government or its agencies, instrumentalities or sponsored enterprises, including obligations that are issued by private issuers that are guaranteed as to principal and interest by the U.S. government, its agencies or instrumentalities; |
∎ | Mortgage-related securities issued or guaranteed by the U.S. government or by its agencies, instrumentalities or sponsored enterprises, including U.S. agency mortgage-backed pass through securities (“MBS”) that may not be backed by the full faith and credit of the U.S. government; |
∎ | Stripped securities evidencing ownership of future interest or principal payments on obligations of the U.S. government or its agencies, instrumentalities or sponsored enterprises; |
∎ | Obligations of supranational organizations (such as the World Bank); and |
∎ | Inflation-indexed securities. |
NSIUX - Performance
Return Ranking - Trailing
Period | NSIUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.2% | 2.3% | 7.2% | 81.01% |
1 Yr | 6.3% | 4.1% | 11.3% | 62.03% |
3 Yr | 0.0%* | -1.9% | 2.8% | 73.08% |
5 Yr | 0.5%* | -0.7% | 2.0% | 70.27% |
10 Yr | 0.9%* | -0.1% | 1.7% | 57.81% |
* Annualized
Return Ranking - Calendar
Period | NSIUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.1% | -1.6% | 4.4% | 40.51% |
2022 | -7.3% | -10.4% | -1.0% | 65.38% |
2021 | -1.8% | -6.4% | -0.2% | 29.49% |
2020 | 3.4% | -1.8% | 4.9% | 8.11% |
2019 | 2.4% | -1.4% | 3.3% | 5.56% |
Total Return Ranking - Trailing
Period | NSIUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.2% | 2.3% | 7.2% | 81.01% |
1 Yr | 6.3% | 4.1% | 11.3% | 62.03% |
3 Yr | 0.0%* | -1.9% | 2.8% | 73.08% |
5 Yr | 0.5%* | -0.7% | 2.0% | 70.27% |
10 Yr | 0.9%* | -0.1% | 1.7% | 57.81% |
* Annualized
Total Return Ranking - Calendar
Period | NSIUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.8% | 2.4% | 6.2% | 77.22% |
2022 | -5.8% | -9.3% | 0.2% | 70.51% |
2021 | -1.7% | -3.1% | 0.1% | 78.21% |
2020 | 3.9% | 0.4% | 6.0% | 35.14% |
2019 | 4.3% | 1.1% | 5.5% | 11.11% |
NAV & Total Return History
NSIUX - Holdings
Concentration Analysis
NSIUX | Category Low | Category High | NSIUX % Rank | |
---|---|---|---|---|
Net Assets | 32 M | 11.1 M | 24.8 B | 91.14% |
Number of Holdings | 58 | 7 | 1024 | 83.54% |
Net Assets in Top 10 | 12.4 M | 1.76 M | 7.82 B | 89.87% |
Weighting of Top 10 | 50.29% | 15.5% | 100.0% | 34.18% |
Top 10 Holdings
- T 3.875 11/30/27 8.89%
- T 4 02/29/28 8.61%
- T 4 02/15/26 7.42%
- T 4.625 11/15/26 5.89%
- T 3.625 05/31/28 5.53%
- T 3.625 03/31/28 4.74%
- T 4 06/30/28 2.40%
- T 0.25 06/30/25 2.27%
- T 0.25 07/31/25 2.27%
- T 0.25 10/31/25 2.26%
Asset Allocation
Weighting | Return Low | Return High | NSIUX % Rank | |
---|---|---|---|---|
Bonds | 98.30% | 70.68% | 127.20% | 46.84% |
Cash | 0.91% | 0.00% | 23.11% | 44.30% |
Other | 0.79% | -25.01% | 30.75% | 37.97% |
Stocks | 0.00% | 0.00% | 1.65% | 39.24% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 32.91% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 33.33% |
Bond Sector Breakdown
Weighting | Return Low | Return High | NSIUX % Rank | |
---|---|---|---|---|
Government | 97.79% | 0.00% | 99.96% | 17.95% |
Securitized | 1.17% | 0.00% | 100.00% | 80.77% |
Cash & Equivalents | 0.78% | 0.00% | 23.11% | 43.04% |
Derivative | 0.46% | -0.95% | 11.49% | 10.13% |
Corporate | 0.00% | 0.00% | 34.19% | 43.59% |
Municipal | 0.00% | 0.00% | 6.22% | 44.87% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | NSIUX % Rank | |
---|---|---|---|---|
US | 98.30% | 70.68% | 127.20% | 46.84% |
Non US | 0.00% | 0.00% | 0.00% | 32.91% |
NSIUX - Expenses
Operational Fees
NSIUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.64% | 0.03% | 2.91% | 58.23% |
Management Fee | 0.38% | 0.03% | 0.80% | 57.69% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.10% | 0.45% | 73.58% |
Sales Fees
NSIUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.50% | 4.75% | N/A |
Deferred Load | N/A | 0.50% | 1.00% | N/A |
Trading Fees
NSIUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 0.25% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
NSIUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 411.02% | 0.00% | 466.00% | 85.25% |
NSIUX - Distributions
Dividend Yield Analysis
NSIUX | Category Low | Category High | NSIUX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.82% | 0.00% | 5.67% | 77.22% |
Dividend Distribution Analysis
NSIUX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Monthly | Monthly |
Net Income Ratio Analysis
NSIUX | Category Low | Category High | NSIUX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.17% | -0.78% | 3.29% | 81.58% |
Capital Gain Distribution Analysis
NSIUX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 24, 2024 | $0.022 | OrdinaryDividend |
Aug 26, 2024 | $0.025 | OrdinaryDividend |
Apr 24, 2024 | $0.023 | OrdinaryDividend |
Mar 25, 2024 | $0.021 | OrdinaryDividend |
Feb 26, 2024 | $0.021 | OrdinaryDividend |
Jan 25, 2024 | $0.024 | OrdinaryDividend |
Dec 21, 2023 | $0.021 | OrdinaryDividend |
Oct 24, 2023 | $0.024 | OrdinaryDividend |
Sep 21, 2023 | $0.020 | OrdinaryDividend |
Aug 24, 2023 | $0.022 | OrdinaryDividend |
Jul 24, 2023 | $0.023 | OrdinaryDividend |
Jun 22, 2023 | $0.021 | OrdinaryDividend |
May 24, 2023 | $0.022 | OrdinaryDividend |
Apr 24, 2023 | $0.024 | OrdinaryDividend |
Mar 23, 2023 | $0.020 | OrdinaryDividend |
Feb 23, 2023 | $0.020 | OrdinaryDividend |
Jan 24, 2023 | $0.028 | OrdinaryDividend |
Dec 15, 2022 | $0.016 | OrdinaryDividend |
Nov 22, 2022 | $0.017 | OrdinaryDividend |
Oct 24, 2022 | $0.017 | OrdinaryDividend |
Sep 22, 2022 | $0.013 | OrdinaryDividend |
Aug 24, 2022 | $0.016 | OrdinaryDividend |
Jul 21, 2022 | $0.013 | OrdinaryDividend |
Jun 23, 2022 | $0.012 | OrdinaryDividend |
May 24, 2022 | $0.016 | OrdinaryDividend |
Apr 21, 2022 | $0.011 | OrdinaryDividend |
Mar 24, 2022 | $0.008 | OrdinaryDividend |
Feb 24, 2022 | $0.003 | OrdinaryDividend |
Jan 24, 2022 | $0.003 | OrdinaryDividend |
Dec 16, 2021 | $0.002 | OrdinaryDividend |
Nov 23, 2021 | $0.001 | OrdinaryDividend |
Oct 25, 2021 | $0.001 | OrdinaryDividend |
Sep 23, 2021 | $0.001 | OrdinaryDividend |
Aug 24, 2021 | $0.003 | OrdinaryDividend |
Jul 26, 2021 | $0.001 | OrdinaryDividend |
Jun 24, 2021 | $0.001 | OrdinaryDividend |
May 24, 2021 | $0.001 | OrdinaryDividend |
Apr 22, 2021 | $0.001 | OrdinaryDividend |
Mar 24, 2021 | $0.000 | OrdinaryDividend |
Feb 24, 2021 | $0.000 | OrdinaryDividend |
Jan 25, 2021 | $0.000 | OrdinaryDividend |
Dec 17, 2020 | $0.000 | OrdinaryDividend |
Nov 24, 2020 | $0.000 | OrdinaryDividend |
Oct 26, 2020 | $0.000 | OrdinaryDividend |
Sep 24, 2020 | $0.000 | OrdinaryDividend |
Aug 24, 2020 | $0.001 | OrdinaryDividend |
Jul 23, 2020 | $0.002 | OrdinaryDividend |
Jun 24, 2020 | $0.002 | OrdinaryDividend |
May 26, 2020 | $0.003 | OrdinaryDividend |
Apr 23, 2020 | $0.004 | OrdinaryDividend |
Mar 24, 2020 | $0.009 | OrdinaryDividend |
Feb 24, 2020 | $0.012 | OrdinaryDividend |
Jan 23, 2020 | $0.012 | OrdinaryDividend |
Dec 19, 2019 | $0.009 | OrdinaryDividend |
Nov 21, 2019 | $0.008 | OrdinaryDividend |
Oct 24, 2019 | $0.009 | OrdinaryDividend |
Sep 24, 2019 | $0.010 | OrdinaryDividend |
Aug 26, 2019 | $0.013 | OrdinaryDividend |
Jul 24, 2019 | $0.013 | OrdinaryDividend |
Dec 19, 2012 | $0.251 | CapitalGainShortTerm |
Dec 19, 2012 | $0.033 | CapitalGainLongTerm |
Dec 19, 2011 | $0.414 | CapitalGainShortTerm |
Dec 19, 2011 | $0.036 | CapitalGainLongTerm |
Dec 21, 2010 | $0.249 | CapitalGainShortTerm |
Dec 21, 2010 | $0.002 | CapitalGainLongTerm |
Dec 21, 2009 | $0.277 | CapitalGainShortTerm |
Dec 21, 2009 | $0.016 | CapitalGainLongTerm |
Dec 20, 2004 | $0.019 | CapitalGainLongTerm |
Dec 20, 2004 | $0.041 | CapitalGainShortTerm |
Dec 18, 2003 | $0.098 | CapitalGainShortTerm |
Dec 18, 2003 | $0.018 | CapitalGainLongTerm |
Dec 19, 2002 | $0.064 | CapitalGainShortTerm |
Dec 19, 2002 | $0.034 | CapitalGainLongTerm |
Dec 18, 2001 | $0.131 | CapitalGainShortTerm |
Dec 18, 2001 | $0.059 | CapitalGainLongTerm |
NSIUX - Fund Manager Analysis
Managers
Michael Chico
Start Date
Tenure
Tenure Rank
Jul 31, 2013
8.84
8.8%
Michael Chico is a Vice President at the Northern Trust Investments, Inc. He is a Fixed Income Portfolio Manager in the Fixed Income group and is responsible for quantitatively managing and trading fixed income accounts for Northern Trust clients. Mike originally joined Northern Trust in 2005 as Fixed Income Securities Trader with Northern Trust Securities, Inc., where he focused on structured products, non-USD fixed income securities, MBS/ABS, and Treasury securities. Prior to joining Northern Trust, he was vice president of MBS Trading at J.P. Morgan Securities, Inc, formerly Banc One Capital Markets, Inc.Mike received his B.A. degree in Economics from the University of Pennsylvania and his M.B.A. in Finance and Economics from The University of Chicago Graduate School of Business. He is a CFA charterholder in the CFA Society of Chicago. Michael R. Chico is Vice President of NTI. Mr. Chico joined NTI in 2007 and is responsible for managing various fixed-income funds.
Daniel Personette
Start Date
Tenure
Tenure Rank
Oct 23, 2018
3.61
3.6%
Daniel J. Personette, CFA is a Vice President, Director- Interest Rate Strategy and a Senior Fixed Income Portfolio Manager with the long duration fixed income group within Northern Trust Global Investments. Dan is responsible for the interest rate strategy for active long duration fixed income, and is also lead portfolio manager for $15 billion passive global interest rate and $11 billion in domestic inflation products and ETF's. Prior to joining Northern Trust as an Accounting Auditor in 1996, he served in the shareholder service department at Kemper Mutual Funds. He was named an Officer In September of 2000, and a Second Vice President in 2003.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.49 | 32.44 | 10.48 | 7.33 |