Northern Ultra-Short Fixed Income Fund SWS (SWSFX)
10.33
-0.01
(-0.10%)
USD |
Dec 05 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.26% | 1.745B | -- | 64.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 99.38M | 5.01% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize total return to the extent consistent with preservation of principal. In seeking to maximize total return, the Fund will invest primarily in fixed-income securities. The Fund invests in investment grade domestic debt obligations. The Funds average portfolio is expected to be A or better. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Short Term |
| Peer Group | Ultra-Short Obligations Funds |
| Global Macro | Bond Short Term |
| US Macro | Short/Intermediate Investment-Grade Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Ultra-Short Obligations Funds |
| Fund Owner Firm Name | Northern Trust |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
96
-633.33M
Peer Group Low
890.92M
Peer Group High
1 Year
% Rank:
45
99.38M
-1.121B
Peer Group Low
5.207B
Peer Group High
3 Months
% Rank:
90
-588.07M
Peer Group Low
1.548B
Peer Group High
3 Years
% Rank:
91
-5.299B
Peer Group Low
8.890B
Peer Group High
6 Months
% Rank:
93
-454.67M
Peer Group Low
3.359B
Peer Group High
5 Years
% Rank:
72
-12.44B
Peer Group Low
15.90B
Peer Group High
YTD
% Rank:
50
-884.62M
Peer Group Low
5.929B
Peer Group High
10 Years
% Rank:
76
-6.639B
Peer Group Low
30.56B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 06, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 1.09% |
| Stock | 0.00% |
| Bond | 98.91% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Bank of America Corporation BACORP 05/09/2029 FLT USD Corporate | 1.94% | 100.74 | 0.02% |
| NATWEST MARKETS PLC NATWEMA 09/29/2026 FLT USD Corporate 144A | 1.58% | 100.32 | -0.00% |
| Chevron U.S.A. Inc. CHEVUSA 08/13/2028 FLT USD Corporate | 1.58% | -- | -- |
| ING Groep N.V. INTNED 04/01/2027 FLT USD Corporate | 1.53% | 100.23 | -0.00% |
| Bank of Montreal BMO 09/15/2026 FLT USD Corporate | 1.46% | 100.20 | -0.00% |
| The Goldman Sachs Group, Inc. GS 03/09/2027 FLT USD Corporate | 1.42% | 100.12 | -0.00% |
| GLENCORE FUNDING LLC GLCORE-GF 10/01/2026 FLT USD Corporate 144A | 1.22% | 100.11 | -0.01% |
| Citigroup Inc. C 02/24/2028 FLT USD Corporate | 1.20% | 101.32 | -0.00% |
| Bank of New Zealand NAB-BNZD 01/27/2027 FLT USD Corporate 144A | 1.19% | 100.35 | -0.02% |
| THE CHARLES SCHWAB CORPORATION SCH 03/03/2027 FLT USD Corporate | 1.14% | 100.82 | -0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.19% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 50.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize total return to the extent consistent with preservation of principal. In seeking to maximize total return, the Fund will invest primarily in fixed-income securities. The Fund invests in investment grade domestic debt obligations. The Funds average portfolio is expected to be A or better. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Short Term |
| Peer Group | Ultra-Short Obligations Funds |
| Global Macro | Bond Short Term |
| US Macro | Short/Intermediate Investment-Grade Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Ultra-Short Obligations Funds |
| Fund Owner Firm Name | Northern Trust |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-4-25) | 4.71% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 259 |
| Bond | |
| Yield to Maturity (9-30-25) | 4.57% |
| Effective Duration | 0.56 |
| Average Coupon | 4.83% |
| Calculated Average Quality | 2.945 |
| Effective Maturity | 2.627 |
| Nominal Maturity | 2.641 |
| Number of Bond Holdings | 255 |
As of September 30, 2025
Fund Details
| Key Dates | |
| Inception Date | 9/14/2022 |
| Last Annual Report Date | 3/31/2025 |
| Last Prospectus Date | 7/31/2025 |
| Share Classes | |
| NUSFX | Direct Sold |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | -- |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Synthetic Replication 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:SWSFX", "name") |
| Broad Asset Class: =YCI("M:SWSFX", "broad_asset_class") |
| Broad Category: =YCI("M:SWSFX", "broad_category_group") |
| Prospectus Objective: =YCI("M:SWSFX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |