- What does NOITX invest in?
- Typically, this fund allocates a minimum of 80% of its net assets to fixed-income securities that generate interest income exempt from ordinary federal taxation, except in highly unusual circumstances. Under standard market conditions, the portfolio's dollar-weighted average time to maturity is expected to be between three and ten years.
- What is the expense ratio of NOITX?
- Northern Funds Intermediate Tax Exempt Fund (NOITX) charges an expense ratio of 0.45%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is NOITX?
- Northern Funds Intermediate Tax Exempt Fund (NOITX) manages $1.15B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is NOITX actively managed or an index fund?
- NOITX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was NOITX launched?
- Northern Funds Intermediate Tax Exempt Fund (NOITX) launched in March 1994 and is managed by Northern Trust / FlexShares.
- How has NOITX performed?
- NOITX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
