Nasdaq - Delayed Quote USD

Northern Multi-Manager High Yield Opportunity Fund (NMHYX)

8.32
-0.01
(-0.12%)
At close: 8:01:46 PM EDT

Fund Summary

The fund invests at least 80% of its net assets in bonds and other fixed-income securities that are rated below investment grade (commonly referred to as "junk bonds"). The adviser utilizes a "multi-manager" approach whereby the fund's assets are allocated to one or more sub-advisers, in percentages determined at the discretion of the fund's investment adviser. Although the fund primarily invests in the debt obligations of domestic issuers, it may invest in debt obligations of foreign issuers.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 16.89%
Worst 1Y Total Return --
Number of Years Up 12
Number of Years Down 3

Performance & Risk

YTD Return 1.99%
5y Average Return 6.82%
Rank in Category (ytd) 63
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.73
Morningstar Risk Rating

Risk Statistics

3 Years 5 Years 10 Years
NMHYXCategory AverageNMHYXCategory AverageNMHYXCategory Average
Alpha 2.88 0.03 6.84 0.04 2.81 0.04
BETA 0.73 0.01 0.78 0 0.65 0
Mean Annual Return 0.48 0.01 0.59 0.01 0.38 0
R-squared 53.76 0.04 49 0.05 18.92 0.04
Standard Deviation 7.33 0.09 6.97 0.07 7.49 0.07
Sharpe Ratio 0.15 0.01 0.61 0.01 0.35 0.01
Treynor Ratio 1.23 0.11 5.36 0.11 3.65 0.12

Related Tickers