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SMALL CAP CORE FUND
mutual fund
NSCKX
Payout Change
Pending
Price as of:
$31.64
-0.36
-1.13%
primary theme
U.S. Small-Cap Blend Equity
share class
NSCKX (Mutual Fund)
SMALL CAP CORE FUND
Payout Change
Pending
Price as of:
$31.64
-0.36
-1.13%
primary theme
U.S. Small-Cap Blend Equity
share class
NSCKX (Mutual Fund)
SMALL CAP CORE FUND
Payout Change
Pending
Price as of:
$31.64
-0.36
-1.13%
primary theme
U.S. Small-Cap Blend Equity
share class
Name
As of 12/12/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
17.0%
1 yr return
21.6%
3 Yr Avg Return
6.0%
5 Yr Avg Return
N/A
Net Assets
$415 M
Holdings in Top 10
12.0%
52 WEEK LOW AND HIGH
$32.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.58%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 15.47%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/12/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
NSCKX - Profile
Distributions
- YTD Total Return 17.0%
- 3 Yr Annualized Total Return 6.0%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.70%
- Dividend Yield 1.8%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameSMALL CAP CORE FUND
-
Fund Family NameNorthern Trust
-
Inception DateJul 30, 2020
-
Shares OutstandingN/A
-
Share ClassK
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRobert Bergson
Fund Description
In seeking long-term capital appreciation, the Fund will invest, under normal circumstances, at least 80% of its net assets in equity securities of small capitalization companies. Small 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 companies in the Russell 2000® Index. Companies whose capitalization no longer meets this definition after purchase may continue to be considered small capitalization companies.
Using a quantitative analysis to evaluate financial data, NTI buys securities of small capitalization companies that it believes have favorable characteristics such as earnings quality and returns on equity relative to their peers. The team may sell securities in order to maintain the desired portfolio characteristics of the Fund. In determining whether a company has favorable characteristics, NTI uses an evaluation process that includes, but is not limited to:
| ∎ | Quantitative review of fundamental factors such as earnings metrics and capital deployment; and |
| ∎ | Systematic evaluations of new securities with attractive attributes and re-evaluations of portfolio holdings. |
NTI also performs a risk management analysis in which NTI seeks to measure and manage risk exposures at the security, sector and portfolio levels through portfolio diversification. Final purchase decisions are made based on a quantitative
review of each company and on the desired level of diversification.
Many of the companies in which the Fund invests retain their earnings to finance current and future growth. These companies generally pay little or no dividends. The Fund may use derivatives such as stock index futures contracts to equitize cash and enhance portfolio liquidity.
From time to time the Fund may have a focused investment (i.e., investment exposure comprising more than 15% of its total assets) in one or more particular sectors. As of March 31, 2024, the Fund had focused investments in the financials and industrials sectors.
NTI may engage in active trading, and will not consider portfolio turnover a limiting factor in making decisions for the Fund.
Frank Russell Company does not endorse any of the securities in the Russell 2000 Index. It is not a sponsor of the Small Cap Core Fund and is not affiliated with the Fund in any way.
NSCKX - Performance
Return Ranking - Trailing
| Period | NSCKX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.0% | -1.5% | 40.1% | 43.24% |
| 1 Yr | 21.6% | 0.0% | 49.5% | 43.62% |
| 3 Yr | 6.0%* | -11.3% | 45.7% | 38.92% |
| 5 Yr | N/A* | -12.3% | 38.2% | 47.52% |
| 10 Yr | N/A* | -2.8% | 18.6% | 38.93% |
* Annualized
Return Ranking - Calendar
| Period | NSCKX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 9.4% | -19.9% | 29.0% | 74.57% |
| 2022 | -16.6% | -59.3% | 118.2% | 18.85% |
| 2021 | 3.4% | -31.6% | 39.3% | 72.46% |
| 2020 | N/A | -51.0% | 39.5% | N/A |
| 2019 | N/A | -5.6% | 37.8% | N/A |
Total Return Ranking - Trailing
| Period | NSCKX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.0% | -1.5% | 40.1% | 43.24% |
| 1 Yr | 21.6% | 0.0% | 49.5% | 43.62% |
| 3 Yr | 6.0%* | -11.3% | 45.7% | 38.92% |
| 5 Yr | N/A* | -12.3% | 38.2% | 43.84% |
| 10 Yr | N/A* | -2.8% | 18.6% | 37.37% |
* Annualized
Total Return Ranking - Calendar
| Period | NSCKX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.0% | -11.7% | 31.8% | 42.07% |
| 2022 | -16.1% | -45.2% | 123.7% | 40.00% |
| 2021 | 20.5% | 0.0% | 45.6% | 66.60% |
| 2020 | N/A | -50.5% | 46.9% | N/A |
| 2019 | N/A | 2.2% | 40.9% | N/A |
NAV & Total Return History
NSCKX - Holdings
Concentration Analysis
| NSCKX | Category Low | Category High | NSCKX % Rank | |
|---|---|---|---|---|
| Net Assets | 415 M | 555 K | 145 B | 53.04% |
| Number of Holdings | 1541 | 2 | 2445 | 7.79% |
| Net Assets in Top 10 | 50.7 M | 124 K | 10.3 B | 64.26% |
| Weighting of Top 10 | 12.00% | 3.1% | 100.1% | 69.47% |
Top 10 Holdings
- FUT. CME EMINIRUS2K DEC24 4.77%
- Northern Institutional Funds GOVT PTFL 4.33%
- FTAI Aviation Ltd COM USD0.01 0.41%
- Applied Industrial Technologies Inc. COM NPV 0.39%
- Insight Enterprises Inc. COM USD0.01 0.38%
- Fabrinet COM USD0.01 0.36%
- Sprouts Farmers Markets Inc COM USD0.001 0.35%
- Ensign Group Inc COM USD0.001 0.35%
- Evercore Inc COM USD0.01 CLASS 'A' 0.33%
- Carpenter Technology Corporation COM USD5 0.33%
Asset Allocation
| Weighting | Return Low | Return High | NSCKX % Rank | |
|---|---|---|---|---|
| Stocks | 95.08% | 4.44% | 107.74% | 92.78% |
| Other | 4.77% | -0.07% | 49.08% | 3.04% |
| Cash | 4.33% | 0.00% | 27.02% | 18.44% |
| Bonds | 0.32% | 0.00% | 102.81% | 7.60% |
| Preferred Stocks | 0.02% | 0.00% | 5.13% | 3.42% |
| Convertible Bonds | 0.00% | 0.00% | 3.17% | 73.52% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | NSCKX % Rank | |
|---|---|---|---|---|
| Industrials | 16.67% | 2.46% | 37.42% | 51.35% |
| Financial Services | 16.12% | 0.00% | 35.52% | 39.62% |
| Healthcare | 15.29% | 0.00% | 26.53% | 36.15% |
| Technology | 13.18% | 0.00% | 43.95% | 62.69% |
| Consumer Cyclical | 9.65% | 0.99% | 47.79% | 72.12% |
| Real Estate | 8.30% | 0.00% | 29.43% | 36.73% |
| Energy | 5.56% | 0.00% | 37.72% | 62.12% |
| Consumer Defense | 4.60% | 0.00% | 18.87% | 36.92% |
| Basic Materials | 4.34% | 0.00% | 18.66% | 56.73% |
| Utilities | 3.25% | 0.00% | 18.58% | 26.54% |
| Communication Services | 3.05% | 0.00% | 14.85% | 39.81% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | NSCKX % Rank | |
|---|---|---|---|---|
| US | 95.08% | 2.58% | 107.74% | 88.21% |
| Non US | 0.00% | 0.00% | 97.07% | 76.81% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | NSCKX % Rank | |
|---|---|---|---|---|
| Corporate | 10.91% | 0.00% | 100.00% | 3.00% |
| Derivative | 4.77% | -0.07% | 9.34% | 1.33% |
| Cash & Equivalents | 4.33% | 0.00% | 100.00% | 19.39% |
| Securitized | 0.73% | 0.00% | 8.22% | 1.40% |
| Government | 0.19% | 0.00% | 38.56% | 2.60% |
| Municipal | 0.00% | 0.00% | 0.15% | 71.80% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | NSCKX % Rank | |
|---|---|---|---|---|
| US | 0.32% | 0.00% | 89.10% | 7.60% |
| Non US | 0.00% | 0.00% | 13.72% | 73.00% |
NSCKX - Expenses
Operational Fees
| NSCKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.58% | 0.01% | 38.30% | 81.68% |
| Management Fee | 0.47% | 0.00% | 1.50% | 22.71% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
| NSCKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| NSCKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| NSCKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 15.47% | 1.00% | 314.00% | 8.83% |
NSCKX - Distributions
Dividend Yield Analysis
| NSCKX | Category Low | Category High | NSCKX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.76% | 0.00% | 42.47% | 7.03% |
Dividend Distribution Analysis
| NSCKX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
| NSCKX | Category Low | Category High | NSCKX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.70% | -2.40% | 2.49% | 22.69% |
Capital Gain Distribution Analysis
| NSCKX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 21, 2023 | $0.561 | OrdinaryDividend |
| Dec 21, 2023 | $0.100 | CapitalGainShortTerm |
| Dec 21, 2023 | $1.217 | CapitalGainLongTerm |
| Dec 15, 2022 | $0.168 | OrdinaryDividend |
| Dec 16, 2021 | $4.674 | OrdinaryDividend |
| Dec 17, 2020 | $0.215 | OrdinaryDividend |
NSCKX - Fund Manager Analysis
Managers
Robert Bergson
Start Date
Tenure
Tenure Rank
Feb 28, 2010
12.26
12.3%
Robert H. Bergson is a Senior Vice President and Senior Portfolio Manager/Quantitative Researcher in the Quantitative Active team at The Northern Trust Company, Chicago. He is responsible for research and implementation of several quantitative equity strategies. Prior to joining Northern Trust in 1997, Robert was director of research at Real Estate Research Corp. in Chicago. Robert received a Bachelor of Architecture degree from Carnegie-Mellon University and an M.S. degree from Massachusetts Institute of Technology. He is a CFA charterholder and an Associated Person of the National Futures Association. He is a member of the CFA Institute, the Society of Quantitative Analysts, the Investments Analysts Society of Chicago and the Chicago Quantitative Alliance.
Michael Hunstad
Start Date
Tenure
Tenure Rank
Jul 31, 2020
1.83
1.8%
Michael Hunstad is the Head of Quantitative Strategies at Northern Trust. Prior to joining Northern Trust, Mike was head of research at Breakwater Capital, a proprietary trading firm and hedge fund. Other roles include head of quantitative asset allocation at Allstate Investments, LLC and quantitative analyst with a long-short equity hedge fund. Michael holds a PhD in applied mathematics from the Illinois Institute of Technology, an MBA from Purdue University and a BS from Northern State University. He is also finishing a second PhD in economics at the University of Illinois at Chicago.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 49.61 | 7.17 | 2.58 |
