Multi Manager High Yield Fund Quote
| NMHYX Fund | USD 8.45 0.01 0.12% |
PerformanceGood
| Odds Of DistressLow
|
Multi-manager High is trading at 8.45 as of the 22nd of March 2025; that is 0.12 percent decrease since the beginning of the trading day. The fund's open price was 8.46. Multi-manager High has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. The performance scores are derived for the period starting the 22nd of December 2024 and ending today, the 22nd of March 2025. Click here to learn more.
The fund invests at least 80 percent of its net assets in bonds and other fixed-income securities that are rated below investment grade . The adviser utilizes a multi-manager approach whereby the funds assets are allocated to one or more sub-advisers, in percentages determined at the discretion of the funds investment adviser. More on Multi Manager High Yield
Moving together with Multi-manager Mutual Fund
| 0.78 | VWEAX | Vanguard High Yield | PairCorr |
| 0.79 | VWEHX | Vanguard High Yield | PairCorr |
| 0.87 | BHYCX | Blackrock Hi Yld | PairCorr |
| 0.85 | BHYIX | Blackrock High Yield | PairCorr |
| 0.86 | BHYSX | Blackrock Hi Yld | PairCorr |
Moving against Multi-manager Mutual Fund
Multi-manager Mutual Fund Highlights
| Thematic Idea | Junk Bonds Funds (View all Themes) |
| Fund Concentration | Northern Funds, Large Funds, High Yield Bond Funds, Junk Bonds Funds, High Yield Bond, Northern Funds, Large, High Yield Bond (View all Sectors) |
| Update Date | 31st of March 2025 |
| Expense Ratio Date | 29th of July 2022 |
| Fiscal Year End | March |
Multi Manager High Yield [NMHYX] is traded in USA and was established 22nd of March 2025. Multi-manager High is listed under Northern Funds category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of Northern Funds family. The entity is thematically classified as Junk Bonds Funds. This fund now has accumulated 209.48 M in assets with minimum initial investment of 2.5 K. Multi Manager High is currently producing year-to-date (YTD) return of 0.86% with the current yeild of 0.07%, while the total return for the last 3 years was 5.02%.
Check Multi-manager High Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Multi-manager Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Multi-manager Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Multi Manager High Yield Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Multi Manager High Risk Profiles
| Mean Deviation | 0.1247 | |||
| Semi Deviation | 0.0934 | |||
| Standard Deviation | 0.165 | |||
| Variance | 0.0272 |
Multi-manager High Against Markets
Other Information on Investing in Multi-manager Mutual Fund
Multi-manager High financial ratios help investors to determine whether Multi-manager Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Multi-manager with respect to the benefits of owning Multi-manager High security.
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