
Northern Funds Income Equity Fund (NOIEX)
NOIEX Price Chart
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NOIEX Fund Profile
Key details and information about Northern Funds Income Equity Fund (NOIEX).
Sector Focus
Financial Services
Industry
Asset Management - Income
Inception Date
31 Mar 1994
Country
US
Description
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.
NOIEX Fund Performance
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