Northern Small Cap Value Fund (NOSGX) a Zacks Rank #2 (Buy) was incepted in April 1994 and is managed by Northern Trust (NASDAQ:NTRS) Investments. NOSGX seeks to provide long-term capital appreciation. The fund employs a highly structured, value-oriented approach. NOSGX invests, under normal circumstances, at least 80% of its net assets in the equity securities of small capitalization companies. Although NOSGX primarily invests in the securities of U.S. issuers, it may make limited investments in the securities of foreign issuers either directly or indirectly (for example, through ADRs).
This Small Value product, as of the last filing, allocates their fund in five major groups; Small Value, Foreign Bond, Small Growth, Large Value and Foreign Stock. Further, as of the last filing, Northern Institutional Diversified Assets Portfolio, SYNNEX Corp and Entertainment Properties Trust were the top holdings for NOSGX.
The Northern Small Cap Value fund, managed by Northern, carries an expense ratio of 1%. Moreover, NOSGX requires a minimal initial investment of $2,500.
NOSGX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 7.72% and 5 year 11.13%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
NOSGX’s performance, as of the last filing, when compared to funds in its category was in the top 9% in 1 year, top 24% over the past 3 years, and in the 20% over the past 5 years.
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Zacks Investment Research