Northern High Yield Fixed Income Fund (NHFIX)
Northern High Yield Fixed Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $6.04, up 0.00% on the session, giving a market capitalisation of $2.13B. Its beta of 0.47 implies it has historically moved less than the broad market.
The fund will commit at least 80% of its total net assets to high-yield debt instruments, commonly referred to as "junk bonds," and other lower-rated fixed-income securities. These below-investment grade securities are characterized by ratings of BB, Ba, or inferior from a Nationally Recognized Statistical Rating Organization (NRSRO), or by unrated instruments judged to be of comparable credit quality by the fund's investment adviser.
Northern High Yield Fixed Income Fund is most often compared with the following Financial Services names: