# Northern Large Cap Core (NOLCX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/nolcx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Northern Trust / FlexShares · Asset class: Equity - Strategy: Passive Index · Inception: 2005-12-19 The fund will invest at least 80% of its net assets in a broadly diversified portfolio of equity securities of large capitalization U.S. companies, including foreign issuers that are traded in the U.S. Large capitalization companies generally are considered to be those whose market capitalization is, at the time the fund makes an investment, within the range of the market capitalization of the companies in the Russell 1000® Index. ## Key Facts | Metric | Value | |---|---| | Price | $35.25 | | Expense Ratio | 0.45% | | Assets Under Management | $365.4M | | NAV | $35.25 | | Holdings Count | — | | Distribution Yield (TTM) | 7.67% | | Annual Distribution (TTM) | $2.70 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $29.77 – $36.33 | | Beta | 0.97 | ## Latest Distribution - Amount: $0.0802 /share - Ex-date: 2026-09-24 - Pay date: 2026-09-24 ## Frequently Asked Questions ### What does NOLCX invest in? The fund will invest at least 80% of its net assets in a broadly diversified portfolio of equity securities of large capitalization U.S. companies, including foreign issuers that are traded in the U.S. Large capitalization companies generally are considered to be those whose market capitalization is, at the time the fund makes an investment, within the range of the market capitalization of the companies in the Russell 1000® Index. ### What is the expense ratio of NOLCX? Northern Large Cap Core (NOLCX) charges an expense ratio of 0.45%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is NOLCX? Northern Large Cap Core (NOLCX) manages $365.4M 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 NOLCX actively managed or an index fund? NOLCX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (NOLCX's is 0.45%) because there's no security selection cost. ### When was NOLCX launched? Northern Large Cap Core (NOLCX) launched in December 2005 and is managed by Northern Trust / FlexShares. ### How has NOLCX performed? NOLCX'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. ### Does NOLCX pay a dividend? Northern Large Cap Core (NOLCX) currently distributes little or no income. Trailing-twelve-month yield is 7.67%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does NOLCX pay dividends? Northern Large Cap Core pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is NOLCX's dividend yield? NOLCX's trailing-twelve-month yield is 7.67%, calculated from the sum of dividends over the past year divided by the current price. ### When is NOLCX's next ex-dividend date? The most recently announced ex-dividend date for NOLCX was 2026-09-24. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will NOLCX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.45% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does NOLCX charge its expense ratio? The expense ratio is deducted in tiny daily slices from NOLCX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does NOLCX cost more than a fund like VOO? NOLCX is a passive index fund (current expense ratio 0.45%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to NOLCX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as NOLCX (0.45%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/nolcx - Distribution history: https://www.dividenddata.com/funds/nolcx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/nolcx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/nolcx/expenses - Peer comparison: https://www.dividenddata.com/funds/nolcx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.