Northern Short Bond Fund (BSBAX)
18.44
+0.02
(+0.11%)
USD |
Feb 05 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.41% | 196.43M | -- | 135.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -103.84M | 5.52% |
Basic Info
| Investment Strategy | |
| The Portfolio seeks to maximize total return consistent with reasonable risk. Invests in a broad range of investment grade, or comparable quality fixed-income instruments and maintains a maximum dollar weighted average maturity between two and five years. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Short Term |
| Peer Group | Short Investment Grade Debt Funds |
| Global Macro | Bond Short Term |
| US Macro | Short/Intermediate Investment-Grade Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Investment Grade Debt Funds |
| Fund Owner Firm Name | Northern Trust |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
88
-1.298B
Peer Group Low
875.20M
Peer Group High
1 Year
% Rank:
84
-103.84M
-3.818B
Peer Group Low
9.067B
Peer Group High
3 Months
% Rank:
79
-2.306B
Peer Group Low
3.365B
Peer Group High
3 Years
% Rank:
68
-14.05B
Peer Group Low
5.917B
Peer Group High
6 Months
% Rank:
79
-3.263B
Peer Group Low
4.374B
Peer Group High
5 Years
% Rank:
65
-21.81B
Peer Group Low
9.403B
Peer Group High
YTD
% Rank:
90
-1.298B
Peer Group Low
875.20M
Peer Group High
10 Years
% Rank:
77
-10.55B
Peer Group Low
23.75B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of February 06, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | -15.07% |
| Stock | 0.00% |
| Bond | 97.97% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 17.10% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
2YR T-NOTE MAR26
|
37.52% | -- | -- |
| United States of America USGB 3.875 07/15/2028 FIX USD Government | 7.62% | 100.64 | 0.01% |
| Northern US Government Portfolio Shares | 2.43% | 1.00 | 0.00% |
| United States of America USGB 3.75 06/30/2027 FIX USD Government | 1.99% | -- | -- |
|
DRIVE AUTO RECEIVABLES TRUST 242 C SEQ FIX 4.67% 17-MAY-2032
|
1.75% | -- | -- |
|
JPMCC COMMERCIAL MORTGAGE SECURITIES TRUST 19COR5 A4 SEQ FIX 3.3861% 14-JUN-2052
|
1.70% | -- | -- |
|
FORD CREDIT AUTO OWNER TRUST 21REV1 C SFTBMAT FIX 1.91% 17-OCT-2033
|
1.63% | -- | -- |
|
LV TRUST 24SHOW B SEQ VAR 5.82591% 10-OCT-2041
|
1.28% | -- | -- |
|
EXETER AUTOMOBILE RECEIVABLES TRUST 244 C SEQ FIX 5.48% 15-AUG-2030
|
1.23% | -- | -- |
|
COMM MORTGAGE TRUST 24277P B VAR 6.99902% 11-AUG-2044
|
1.11% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.32% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 50.00 None |
Basic Info
| Investment Strategy | |
| The Portfolio seeks to maximize total return consistent with reasonable risk. Invests in a broad range of investment grade, or comparable quality fixed-income instruments and maintains a maximum dollar weighted average maturity between two and five years. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Short Term |
| Peer Group | Short Investment Grade Debt Funds |
| Global Macro | Bond Short Term |
| US Macro | Short/Intermediate Investment-Grade Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Investment Grade Debt Funds |
| Fund Owner Firm Name | Northern Trust |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (2-4-26) | 4.35% |
| 30-Day SEC Yield (12-31-25) | 3.99% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 245 |
| Bond | |
| Yield to Maturity (12-31-25) | 4.15% |
| Effective Duration | 1.90 |
| Average Coupon | 5.13% |
| Calculated Average Quality | 2.851 |
| Effective Maturity | 6.546 |
| Nominal Maturity | 6.836 |
| Number of Bond Holdings | 235 |
As of December 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 1/11/1993 |
| Attributes | |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:BSBAX", "name") |
| Broad Asset Class: =YCI("M:BSBAX", "broad_asset_class") |
| Broad Category: =YCI("M:BSBAX", "broad_category_group") |
| Prospectus Objective: =YCI("M:BSBAX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |