Northern Funds Income Equity Fund (NOIEX) Stock
The fund primarily aims to achieve its investment goals by allocating a minimum of 80% of its net assets to income-generating equity securities, specifically including common and preferred stocks that distribute dividends. A central objective is to provide a robust level of current income, especially when contrasted with other equity-focused mutual funds.
Valuation
Financials & Margins
Annual Financials (USD)
Balance Sheet (USD)
Cash Flow (USD)
Valuation & Return Ratios
Peer Comparison
About Northern Funds Income Equity Fund
The fund primarily aims to achieve its investment goals by allocating a minimum of 80% of its net assets to income-generating equity securities, specifically including common and preferred stocks that distribute dividends. A central objective is to provide a robust level of current income, especially when contrasted with other equity-focused mutual funds. Furthermore, the fund has the flexibility to employ derivatives, such as stock index futures, to strategically invest unallocated cash and bolster the portfolio's overall liquidity.
Northern Funds Income Equity Fund is headquartered in US.
Northern Funds Income Equity Fund (NOIEX) stock trades at $20.50 with a market capitalization of $317.30M. The stock is valued at a price-to-earnings (P/E) ratio of 7.40, price-to-book of 0.42, price-to-sales of 34.50. Over the past 52 weeks the stock has ranged between $17.45 and $20.59, and currently trades at its 52-week high. It pays a dividend yielding 1.90%.
On profitability, Northern Funds Income Equity Fund generates a return on equity (ROE) of 18.38%, above the typical market average, return on capital employed of 0.34%, an operating margin of 23.83%, a net profit margin of 1244.44%.
Official website: ntam.northerntrust.com/united-states/all-investor/funds/equity/active-equity/income-equity-fund