Northern Funds California Intermediate Tax-exempt Fd: (MF: NCITX)
(NASDAQ Mutual Funds) As of Aug 23, 2024 08:00 PM ET
$9.94 USD
+0.01 (0.10%)
Fund Description
The fund was incepted in October 1999 and is managed by Northern Trust Investments. The fund seeks to provide high current income exempt from regular federal income tax and California state personal income tax. The fund concentrates on producing tax-free income while managing portfolio risk. The fund's average maturity is between 3 and 10 years and emphasizes securities exempt from California state personal income tax. The fund may invest in a broad range of municipal instruments. Although the fund invests primarily in investment grade debt obligations, it may invest, to a limited extent, in obligations that are below investment grade (junk bonds). Dividends, if any, are declared daily and paid monthly. Capital gains, if any, are declared and paid annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Northern CA Intermediate T/E | NCITX | NA | NA | 0.00 | 0.00 | 0.43 | 0.45 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Northern CA Intermediate T/E | NCITX | 9.94 | 10/1/1999 | 2.66 | 3.36 | -1.78 | 0.00 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Northern CA Intermediate T/E | NCITX | 2500 | 50 | 500 | M |
Contact Information
| Family | Northern |
| Address | P.O.Box 75986 Chicago, IL 60675 |
| Phone | 800 595-9111 |