Northern Mid is trading at 19.85 as of the 19th of March 2025; that is 1.28 percent increase since the beginning of the trading day. The fund's open price was 19.6. Northern Mid has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 19th of March 2025. Click here to learn more.
The fund will invest substantially all of its net assets in equity securities included in the SP MidCap 400 Index, in weightings that approximate the relative composition of securities contained in the SP MidCap 400 Index, and in SP MidCap 400 Index futures approved by the Commodity Futures Trading Commission.. More on Northern Mid Cap
Northern Mid Cap [NOMIX] is traded in USA and was established 19th of March 2025. Northern Mid is listed under Northern Funds category by Fama And French industry classification. The fund is listed under Mid-Cap Blend category and is part of Northern Funds family. This fund now has accumulated 1.97 B in assets with minimum initial investment of 2.5 K. Northern Mid Cap is currently producing year-to-date (YTD) return of 2.61% with the current yeild of 0.01%, while the total return for the last 3 years was 6.37%.
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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 Northern 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 Northern 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 Northern Mid Cap 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.
Other Information on Investing in Northern Mutual Fund
Northern Mid financial ratios help investors to determine whether Northern 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 Northern with respect to the benefits of owning Northern Mid security.