Mutual Fund Insights: Northern Income Equity Fund (NOIEX)

In-depth Analysis of Northern Income Equity Fund (NOIEX)

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See Northern Income Equity Fund (NOIEX) performance details as of February 28, 2010

  

Last Trade: $11.06 on 3/19/2010, Change: -0.08 (-0.72%)

Experiment our closing price forecasting tool for Northern Income Equity Fund (NOIEX) (alpha release)

  

Fund Manager - Jackie M. Benson

Fund Manager Tenure: 3.0 years
Fundmojo Fund Grade: A (Score: 0.7)     (What does this score mean?)

Jackie M. Benson is a vice president of Northern Trust. Jackie M. Benson was co-manager of the fund from March 2007 to May 2009. Prior to joining Northern Trust in September 2004, Jackie M. Benson was a director and senior high yield analyst within Banc One Capital Markets. From 1999 to 2002, Jackie M. Benson was with Zurich Scudder Investments where Jackie M. Benson was a portfolio manager. Jackie M. Benson holds the Chartered Financial Analyst designation.  Get more insights on Jackie M. Benson

  

 What we like about Northern Income Equity Fund (NOIEX)

Data for Northern Income Equity Fund (NOIEX) as of February 28, 2010

• Northern Income Equity Fund (NOIEX) is a new fund and has been performing well against its peers for both three-month and 1-year performance
• Northern Income Equity Fund (NOIEX) has good short-term performance (1-year return 51.57% vs 39.25 % Moderate Allocation category average)
• Northern Income Equity Fund (NOIEX) has good Long-term performance (5-year return 3.65% vs 2.04 % Moderate Allocation category average)
• Northern Income Equity Fund (NOIEX) ratio of up-years vs down years is greater than 2
• Northern Income Equity Fund (NOIEX) has an annual stock turnover rate of 20.93% vs Moderate Allocation average of 97.84%. It is good that Northern Income Equity management does not trade extensively for its return.
• Northern Income Equity Fund (NOIEX) has a lower management fee than its Moderate Allocation average: 1.00% vs 1.03%
• Northern Income Equity Fund (NOIEX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about Northern Income Equity Fund (NOIEX)

Data for Northern Income Equity Fund (NOIEX) as of February 28, 2010

• Northern Income Equity Fund (NOIEX) management has been with Northern Income Equity Fund for only 3.0 years, it is hard to judge manager's ability based on this fund's operation record
• Northern Income Equity Fund (NOIEX) has a less-than-ideal mid-term performance (3-year return -1.96% vs -2.09 % Moderate Allocation category average)
• Northern Income Equity Fund (NOIEX) has a Morningstar rating of 3 and below
• Northern Income Equity Fund (NOIEX) is more volatile than its peers as it has a 3-year Standard Deviation of 18.13 that is higher than category average of 14.91

See Northern Income Equity Fund (NOIEX) performance details as of February 28, 2010

  

  

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Northern Income Equity Fund (NOIEX) Net Asset

Track net asset change of Northern Income Equity fund (NOIEX)

Date	Net Asset
02/2010	$288.20M
01/2010	$281.33M
11/2009	$283.37M

More historic net asset information on Northern Income Equity Fund (NOIEX)

  

Northern Income Equity Fund (NOIEX) Portfolio Allocation

Track portfolio allocation change of Northern Income Equity fund (NOIEX)

Date	Cash	Stock	Bond	Other
09/2009	7.28%	56.28%	0.16%	36.28%
06/2009	5.68%	55.38%	17.06%	21.89%
03/2009	7.39%	56.36%	14.92%	21.34%

Click here to see more historic asset allocation information on Northern Income Equity Fund (NOIEX)

  

Most Recent Top 10 Holdings in Northern Income Equity Fund (NOIEX)

Discover what Northern Income Equity Fund (NOIEX) manager is buying

30-Sep-09 Schering Plough Cv [2.8%] Amer Equity Invt Life Hldg 5.25% [2.68%] Netapp 1.75% [2.35%] Caci Intl 2.125% [2.27%] Newmont Mng 1.625% [2.1%] COMPUTER SCIENCES CP [2.09%] ENCANA CORP [2.08%] NEW YORK CMMTY BNC## [2.06%] 3M COMPANY [2%] Sonic Automotive 4.25% [1.99%]

30-Jun-09 Schering Plough Cv [3.04%] New York Cmnty Cap Tr V [2.79%] Amer Equity Invt Life Hldg 5.25% [2.48%] Caci Intl 2.125% [2.34%] Netapp 144A 1.75% [2.24%] Newmont Mng 1.625% [2.22%] RAYONIER INC REIT [2.13%] Intel Cv 2.95% [2.11%] OCCIDENTAL PET [2.07%] Watson Pharmaceuticals Cv 1.75% [2.06%]

31-Mar-09 Schering Plough Cv [3.13%] New York Cmnty Cap Tr V [2.83%] Newmont Mng 1.625% [2.62%] Caci Intl 2.125% [2.48%] Mylan Cv [2.38%] Amer Equity Invt Life Hldg 5.25% [2.32%] Netapp 144A 1.75% [2.31%] Intel Cv 2.95% [2.29%] Watson Pharmaceuticals Cv 1.75% [2.24%] HOME DEPOT INC [2.13%]

Click here for Stock Holding Change Map in Northern Income Equity Fund (NOIEX)

  

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See more information on Northern Income Equity Fund (NOIEX)

• Northern Income Equity Fund Insights
• Northern Income Equity Fund Performance Data
• Northern Income Equity Fund News
• Northern Income Equity Fund Score Explaination
• Northern Income Equity Fund Manager Information
• Historic Northern Income Equity Fund Asset Allocation Report
• Historic Northern Income Equity Fund Top 10 Holding Tracking
• Historic Northern Income Equity Fund Asset Under Management Tracking