High Yield Fixed Income Fund

Fund Profile

Fund profile

Tickers

NHFIX

Fund manager

Northern Funds

Total assets

$2.85 bn

Liabilities

$35.80 mm

Net assets

$2.81 bn

Number of holdings

512.00

Top 200 of 512 Holdings

As of Sep 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
Northern Institutional Funds GOVT PTFL	127.51 mm	127.51 mm shares	4.54	Short-term investment vehicle	Long	USA
FUT. CBT ULT TNOTE DEC24	61.28 mm	518.00 contracts	2.18	Interest rate derivative	N/A	USA
CHTR 5 02/01/28 144A	22.69 mm	23.33 mm principal	0.81	Debt	Long	USA
THC Tenet Healthcare Corporation	20.46 mm	21.32 mm principal	0.73	Debt	Long	USA
VENLNG 9.5 02/01/29 144A	19.80 mm	17.57 mm principal	0.70	Debt	Long	USA
RCL 5.5 08/31/26 144A	14.76 mm	14.62 mm principal	0.53	Debt	Long	Liberia
DISH 7.75 07/01/26	14.58 mm	16.80 mm principal	0.52	Debt	Long	USA
ALVOGN L 06/30/25 7	14.24 mm	16.05 mm principal	0.51	Loan	Long	USA
VENLNG 8.375 06/01/31 144A	14.07 mm	13.33 mm principal	0.50	Debt	Long	USA
TGNA TEGNA Inc.	14.02 mm	14.72 mm principal	0.50	Debt	Long	USA
CTLT 3.5 04/01/30 144A	13.56 mm	13.79 mm principal	0.48	Debt	Long	USA
AAL 5.75 04/20/29 144A	13.53 mm	13.56 mm principal	0.48	Debt	Long	Cayman Islands
PRIHEA 9.375 09/01/29 144A	13.53 mm	13.12 mm principal	0.48	Debt	Long	USA
NLSN 9.29 04/15/29 144A	13.30 mm	13.58 mm principal	0.47	Debt	Long	USA
NGL 8.375 02/15/32 144A	13.19 mm	12.80 mm principal	0.47	Debt	Long	USA
CYH 10.875 01/15/32 144A	13.14 mm	11.93 mm principal	0.47	Debt	Long	USA
SYNH 9 10/01/30 144A	12.94 mm	12.05 mm principal	0.46	Debt	Long	USA
EMECLI 6.625 12/15/30 144A	12.42 mm	12.05 mm principal	0.44	Debt	Long	USA
CHTR 4.75 02/01/32 144A	12.39 mm	14.06 mm principal	0.44	Debt	Long	USA
NCRATL 9.5 04/01/29 144A	12.11 mm	11.00 mm principal	0.43	Debt	Long	USA
JEFCAP 6 08/15/26 144A	12.03 mm	12.03 mm principal	0.43	Debt	Long	USA
GLT 4.75 11/15/29 144A	11.55 mm	12.86 mm principal	0.41	Debt	Long	USA
FTAI 7 06/15/32 144A	11.18 mm	10.66 mm principal	0.40	Debt	Long	Cayman Islands
NAVI Navient Corporation	11.06 mm	11.16 mm principal	0.39	Debt	Long	USA
VSTJET 6.375 02/01/30 144A	11.05 mm	12.87 mm principal	0.39	Debt	Long	Malta
PBFENE 6 02/15/28	10.97 mm	11.12 mm principal	0.39	Debt	Long	USA
FXIHLD 12.25 11/15/26 144A	10.86 mm	10.91 mm principal	0.39	Debt	Long	USA
EVRGRN 9.75 04/26/28 144A	10.81 mm	10.25 mm principal	0.38	Debt	Long	USA
IEP 9.75 01/15/29 144A	10.80 mm	10.41 mm principal	0.38	Debt	Long	USA
POST Post Holdings, Inc.	10.67 mm	10.36 mm principal	0.38	Debt	Long	USA
ARDGRP 8.875 02/15/32 144A	10.66 mm	10.31 mm principal	0.38	Debt	Long	Jersey
SWN Southwestern Energy Company	10.60 mm	10.64 mm principal	0.38	Debt	Long	USA
Legacy Lifepoint Health, Inc.	10.59 mm	9.62 mm principal	0.38	Debt	Long	USA
TIHLLC 7.125 06/01/31 144A	10.58 mm	10.09 mm principal	0.38	Debt	Long	USA
MIDCON 8 08/15/32 144A	10.56 mm	10.38 mm principal	0.38	Debt	Long	USA
HA 11 04/15/29 144A	10.48 mm	10.43 mm principal	0.37	Debt	Long	Cayman Islands
NBR 8.875 08/15/31 144A	10.36 mm	10.89 mm principal	0.37	Debt	Long	USA
VIKCRU 5.875 09/15/27 144A	10.03 mm	10.04 mm principal	0.36	Debt	Long	Bermuda
DVA DaVita Inc.	9.83 mm	10.90 mm principal	0.35	Debt	Long	USA
VICTRA 8.75 09/15/29 144A	9.73 mm	9.27 mm principal	0.35	Debt	Long	USA
BRY 7 02/15/26 144A	9.70 mm	10.00 mm principal	0.35	Debt	Long	USA
VTLE Vital Energy, Inc.	9.68 mm	9.73 mm principal	0.34	Debt	Long	USA
DTV 5.875 08/15/27 144A	9.67 mm	9.85 mm principal	0.34	Debt	Long	USA
PRSESE 6.25 01/15/28 144A	9.64 mm	9.64 mm principal	0.34	Debt	Long	USA
CSCHLD 6.5 02/01/29 144A	9.64 mm	11.64 mm principal	0.34	Debt	Long	USA
AER V5.875 10/10/79	9.60 mm	9.60 mm principal	0.34	Debt	Long	Netherlands
ATSG 4.75 02/01/28 144A	9.53 mm	9.95 mm principal	0.34	Debt	Long	USA
ALNMED 10.5 02/15/28 144A	9.52 mm	22.15 mm principal	0.34	Debt	Long	USA
MEDIND 5.25 10/01/29 144A	9.51 mm	9.70 mm principal	0.34	Debt	Long	USA
ENVA Enova International, Inc.	9.36 mm	9.13 mm principal	0.33	Debt	Long	USA
BBDBCN 6 02/15/28 144A	9.34 mm	9.28 mm principal	0.33	Debt	Long	Canada
FYBR 6.75 05/01/29 144A	9.26 mm	9.20 mm principal	0.33	Debt	Long	USA
SIRI 3.875 09/01/31 144A	9.25 mm	10.62 mm principal	0.33	Debt	Long	USA
IRM Iron Mountain Incorporated	9.23 mm	9.35 mm principal	0.33	Debt	Long	USA
SDRLNO 8.375 08/01/30 144A	9.19 mm	8.81 mm principal	0.33	Debt	Long	Bermuda
SPLS Staples Inc	9.17 mm	9.45 mm principal	0.33	Debt	Long	USA
JANEST 4.5 11/15/29 144A	9.09 mm	9.45 mm principal	0.32	Debt	Long	USA
LADR 4.25 02/01/27 144A	9.00 mm	9.23 mm principal	0.32	Debt	Long	USA
ISATLN 9 09/15/29 144A	8.91 mm	9.21 mm principal	0.32	Debt	Long	Luxembourg
CRYACU 11.875 07/05/28	8.88 mm	8.65 mm principal	0.32	Debt	Long	Malta
SHEARE 7.875 03/01/31 144A	8.86 mm	8.36 mm principal	0.32	Debt	Long	USA
NWL Newell Brands Inc.	8.82 mm	9.26 mm principal	0.31	Debt	Long	USA
ISATLN 6.75 10/01/26 144A	8.81 mm	8.81 mm principal	0.31	Debt	Long	Luxembourg
CITPET 6.375 06/15/26 144A	8.80 mm	8.79 mm principal	0.31	Debt	Long	USA
XPO 7.125 06/01/31 144A	8.77 mm	8.38 mm principal	0.31	Debt	Long	USA
CHTR 4.25 02/01/31 144A	8.64 mm	9.80 mm principal	0.31	Debt	Long	USA
BURLN 6.875 04/15/30 144A	8.64 mm	8.64 mm principal	0.31	Debt	Long	USA
CCL Carnival Corporation & plc	8.60 mm	8.49 mm principal	0.31	Debt	Long	Panama
TIBX TIBCO Software Inc	8.57 mm	8.62 mm principal	0.30	Debt	Long	USA
CZR Caesars Entertainment, Inc.	8.54 mm	8.25 mm principal	0.30	Debt	Long	USA
ALIANT 6.5 10/01/31 144A	8.47 mm	8.39 mm principal	0.30	Debt	Long	USA
CDK 7.25 06/15/29 144A	8.25 mm	8.07 mm principal	0.29	Debt	Long	USA
INFRAB 14.5 11/15/28 144A	8.21 mm	8.13 mm principal	0.29	Debt	Long	Australia
CHTR 4.5 06/01/33 144A	8.19 mm	9.64 mm principal	0.29	Debt	Long	USA
EOCGRO 6.5 05/15/29 144A	8.16 mm	8.49 mm principal	0.29	Debt	Long	USA
WRLDPY 7.5 01/15/31 144A	8.14 mm	7.59 mm principal	0.29	Debt	Long	USA
TDG 4.875 05/01/29	8.12 mm	8.34 mm principal	0.29	Debt	Long	USA
MRFGBZ 7 05/14/26 144A	8.10 mm	8.05 mm principal	0.29	Debt	Long	USA
ADVGRO 10.75 08/01/27 144A	8.09 mm	7.95 mm principal	0.29	Debt	Long	USA
CLDCRN 11.5 09/01/28 144A	8.03 mm	7.58 mm principal	0.29	Debt	Long	USA
FIP 10.5 06/01/27 144A	7.97 mm	7.47 mm principal	0.28	Debt	Long	USA
IRM Iron Mountain Incorporated	7.97 mm	8.13 mm principal	0.28	Debt	Long	USA
SWEDA V7.625 PERP	7.96 mm	7.68 mm principal	0.28	Debt	Long	Sweden
INTMAT 6.5 08/01/29 144A	7.93 mm	8.37 mm principal	0.28	Debt	Long	USA
FM First Quantum Minerals Ltd	7.91 mm	7.89 mm principal	0.28	Debt	Long	Canada
BBWI 6.75 07/01/36	7.85 mm	7.62 mm principal	0.28	Debt	Long	USA
OTEXCN 4.125 02/15/30 144A	7.79 mm	8.30 mm principal	0.28	Debt	Long	USA
NRG NRG Energy, Inc.	7.78 mm	7.73 mm principal	0.28	Debt	Long	USA
LIND 6.75 02/15/27 144A	7.78 mm	7.73 mm principal	0.28	Debt	Long	USA
MHO M/I Homes, Inc.	7.76 mm	8.31 mm principal	0.28	Debt	Long	USA
ET 5.625 05/01/27 144A	7.73 mm	7.71 mm principal	0.28	Debt	Long	USA
VIKCRU 7 02/15/29 144a	7.70 mm	7.61 mm principal	0.27	Debt	Long	Bermuda
LVLT 10.5 05/15/30 144A	7.67 mm	7.13 mm principal	0.27	Debt	Long	USA
AHL 7.625 10/15/25 144A	7.65 mm	7.66 mm principal	0.27	Debt	Long	Bermuda
AA 7.125 03/15/31 144A	7.65 mm	7.18 mm principal	0.27	Debt	Long	Netherlands
VERCOR 8.5 08/15/30 144A	7.61 mm	7.13 mm principal	0.27	Debt	Long	USA
PLATIN 9.375 10/03/31 144A	7.57 mm	7.43 mm principal	0.27	Debt	Long	Germany
HIGTOW 9.125 01/31/30 144A	7.57 mm	7.26 mm principal	0.27	Debt	Long	USA
LNW 7 05/15/28 144A	7.51 mm	7.45 mm principal	0.27	Debt	Long	USA
PHIN PHINIA Inc.	7.42 mm	7.19 mm principal	0.26	Debt	Long	USA
TDG 5.5 11/15/27	7.35 mm	7.38 mm principal	0.26	Debt	Long	USA
NBR 7.5 01/15/28 144A	7.35 mm	7.85 mm principal	0.26	Debt	Long	Bermuda
CPNLQ Calpine Corp	7.34 mm	7.45 mm principal	0.26	Debt	Long	USA
JEFFIN 5 08/15/28	7.29 mm	7.67 mm principal	0.26	Debt	Long	USA
SM SM Energy Company	7.29 mm	7.26 mm principal	0.26	Debt	Long	USA
TEP 7.375 02/15/29 144A	7.25 mm	7.17 mm principal	0.26	Debt	Long	USA
ZBRA Zebra Technologies Corporation	7.25 mm	6.94 mm principal	0.26	Debt	Long	USA
URI 3.75 01/15/32	7.22 mm	7.91 mm principal	0.26	Debt	Long	USA
MATV Mativ Holdings, Inc.	7.16 mm	7.17 mm principal	0.25	Debt	Long	USA
BBCP 6 02/01/26 144A	7.15 mm	7.18 mm principal	0.25	Debt	Long	USA
ECOMAT 7.875 01/31/27 144A	7.09 mm	7.02 mm principal	0.25	Debt	Long	USA
AXL 6.875 07/01/28	7.02 mm	7.03 mm principal	0.25	Debt	Long	USA
BURLN 9.25 07/01/31 144A	6.85 mm	6.37 mm principal	0.24	Debt	Long	USA
FMGAU 4.375 04/01/31 144A	6.83 mm	7.31 mm principal	0.24	Debt	Long	Australia
ECPG Encore Capital Group, Inc.	6.79 mm	6.44 mm principal	0.24	Debt	Long	USA
UAL 4.625 04/15/29 144A	6.77 mm	7.01 mm principal	0.24	Debt	Long	USA
TIBX 9 09/30/29 144A	6.75 mm	6.63 mm principal	0.24	Debt	Long	USA
NCLH 5.875 03/15/26 144A	6.74 mm	6.74 mm principal	0.24	Debt	Long	Bermuda
SIMFOO 4.625 03/01/29 144A	6.72 mm	7.08 mm principal	0.24	Debt	Long	USA
IEP 9 06/15/30 144A	6.68 mm	6.63 mm principal	0.24	Debt	Long	USA
BRP 7.125 05/15/31 144A	6.67 mm	6.34 mm principal	0.24	Debt	Long	USA
MHED 7.375 09/01/31 144A	6.65 mm	6.41 mm principal	0.24	Debt	Long	USA
MPEL 5.625 07/17/27 144A	6.64 mm	6.83 mm principal	0.24	Debt	Long	Cayman Islands
GTLS Chart Industries, Inc.	6.62 mm	6.28 mm principal	0.24	Debt	Long	USA
SVC Service Properties Trust	6.60 mm	6.94 mm principal	0.23	Debt	Long	USA
CIXXF CI Financial Corp.	6.58 mm	6.31 mm principal	0.23	Debt	Long	Canada
LENDMK 5.875 10/15/26 144A	6.53 mm	6.94 mm principal	0.23	Debt	Long	USA
CPICAR 10 07/15/29 144A	6.53 mm	6.20 mm principal	0.23	Debt	Long	USA
HUSKYI 9 02/15/29 144A	6.52 mm	6.25 mm principal	0.23	Debt	Long	Canada
Nationstar Mortgage Holdings Inc	6.51 mm	6.41 mm principal	0.23	Debt	Long	USA
EQM Midstream Partners, LP	6.49 mm	6.71 mm principal	0.23	Debt	Long	USA
RCL 6.25 03/15/32 144A	6.48 mm	6.25 mm principal	0.23	Debt	Long	Liberia
IHOVER 6 05/15/27 144a	6.47 mm	6.58 mm principal	0.23	Debt	Long	Germany
SFRFP 5.5 10/15/29 144A	6.44 mm	9.20 mm principal	0.23	Debt	Long	France
CYH 5.25 05/15/30 144A	6.38 mm	6.93 mm principal	0.23	Debt	Long	USA
NAVCOR 10.5 12/15/30 144A	6.37 mm	5.86 mm principal	0.23	Debt	Long	Canada
TSQ Townsquare Media, Inc.	6.37 mm	6.38 mm principal	0.23	Debt	Long	USA
STCITY 5 01/15/29 144A	6.35 mm	6.91 mm principal	0.23	Debt	Long	Virgin Islands (British)
CZR Caesars Entertainment, Inc.	6.34 mm	6.67 mm principal	0.23	Debt	Long	USA
THO Thor Industries, Inc.	6.31 mm	6.78 mm principal	0.22	Debt	Long	USA
PRG PROG Holdings, Inc.	6.30 mm	6.39 mm principal	0.22	Debt	Long	USA
CCL 10.375 05/01/28 144A	6.30 mm	5.84 mm principal	0.22	Debt	Long	Bermuda
MMLP 11.5 02/15/28 144A	6.29 mm	5.71 mm principal	0.22	Debt	Long	USA
PROFUN 9.75 09/15/29 144A	6.26 mm	6.15 mm principal	0.22	Debt	Long	USA
SSNC 6.5 06/01/32 144A	6.26 mm	6.06 mm principal	0.22	Debt	Long	USA
EGBLFN 12 11/30/28 144A	6.26 mm	5.61 mm principal	0.22	Debt	Long	UK
VSAT Viasat, Inc.	6.22 mm	6.59 mm principal	0.22	Debt	Long	USA
FLL Full House Resorts, Inc.	6.21 mm	6.20 mm principal	0.22	Debt	Long	USA
WIN 7.75 08/15/28 144A	6.17 mm	6.16 mm principal	0.22	Debt	Long	USA
BZH Beazer Homes USA, Inc.	6.16 mm	6.17 mm principal	0.22	Debt	Long	USA
ACALTD 6 11/15/27 144A	6.16 mm	6.14 mm principal	0.22	Debt	Long	USA
VVNT 6.75 02/15/27 144A	6.14 mm	6.12 mm principal	0.22	Debt	Long	USA
OII Oceaneering International, Inc.	6.13 mm	6.12 mm principal	0.22	Debt	Long	USA
YUM Yum! Brands, Inc.	6.12 mm	6.14 mm principal	0.22	Debt	Long	USA
GFL GFL Environmental Inc.	6.10 mm	5.82 mm principal	0.22	Debt	Long	Canada
KENGAR 4.875 09/15/28 144A	6.10 mm	6.31 mm principal	0.22	Debt	Long	USA
HILCRP 6.25 11/01/28 144A	6.06 mm	6.08 mm principal	0.22	Debt	Long	USA
HQY HealthEquity, Inc.	6.05 mm	6.27 mm principal	0.22	Debt	Long	USA
GEL 8.25 01/15/29	6.05 mm	5.84 mm principal	0.22	Debt	Long	USA
COTY 6.625 07/15/30 144A	6.01 mm	5.79 mm principal	0.21	Debt	Long	USA
FRSTST 4 07/31/29 144A	5.95 mm	6.34 mm principal	0.21	Debt	Long	USA
GTN Gray Television, Inc.	5.88 mm	5.63 mm principal	0.21	Debt	Long	USA
RIG 8.75 02/15/30 144A	5.88 mm	5.64 mm principal	0.21	Debt	Long	Cayman Islands
TALO 9.375 02/01/31 144A	5.86 mm	5.70 mm principal	0.21	Debt	Long	USA
ZFFNGR 7.125 04/14/30 144A	5.85 mm	5.64 mm principal	0.21	Debt	Long	USA
ULTI 6.875 02/01/31 144A	5.83 mm	5.65 mm principal	0.21	Debt	Long	USA
OPTICS 6.375 11/15/33 2033	5.83 mm	5.62 mm principal	0.21	Debt	Long	Italy
ACA Arcosa, Inc.	5.78 mm	5.53 mm principal	0.21	Debt	Long	USA
LVLT 4.25 07/01/28 144A	5.76 mm	7.24 mm principal	0.20	Debt	Long	USA
FREMOR 12.25 10/01/30 144A	5.75 mm	5.14 mm principal	0.20	Debt	Long	USA
CRGYFN 9.25 02/15/28 144A	5.74 mm	5.50 mm principal	0.20	Debt	Long	USA
STON StoneMor Inc	5.73 mm	6.43 mm principal	0.20	Debt	Long	USA
CNX CNX Resources Corporation	5.72 mm	5.45 mm principal	0.20	Debt	Long	USA
UONE Urban One, Inc.	5.72 mm	7.92 mm principal	0.20	Debt	Long	USA
IM 4.75 05/15/29 144A	5.70 mm	5.84 mm principal	0.20	Debt	Long	USA
COIN Coinbase Global, Inc.	5.69 mm	6.72 mm principal	0.20	Debt	Long	USA
CVI CVR Energy, Inc.	5.68 mm	6.05 mm principal	0.20	Debt	Long	USA
ALTICE 5.75 08/15/29 144a	5.67 mm	7.06 mm principal	0.20	Debt	Long	Luxembourg
SHEARE 9.625 09/15/32 144A	5.67 mm	5.48 mm principal	0.20	Debt	Long	USA
WRLD World Acceptance Corporation	5.62 mm	5.76 mm principal	0.20	Debt	Long	USA
VST 5.625 02/15/27 144A	5.62 mm	5.63 mm principal	0.20	Debt	Long	USA
MATV Mativ Holdings, Inc.	5.61 mm	5.50 mm principal	0.20	Debt	Long	USA
UNSEAM 7.875 02/15/31 144A	5.60 mm	5.49 mm principal	0.20	Debt	Long	USA
LGIH LGI Homes, Inc.	5.58 mm	6.03 mm principal	0.20	Debt	Long	USA
EVRI Everi Holdings Inc.	5.57 mm	5.60 mm principal	0.20	Debt	Long	USA
CCL Carnival Corporation & plc	5.54 mm	5.47 mm principal	0.20	Debt	Long	Panama
SUMMAT 6.5 03/15/27 144A	5.51 mm	5.51 mm principal	0.20	Debt	Long	USA
DFS Discover Financial Services	5.50 mm	5.76 mm principal	0.20	Debt	Long	USA
TWI Titan International, Inc.	5.43 mm	5.46 mm principal	0.19	Debt	Long	USA
SHLFDI 9.625 04/15/29 144A	5.41 mm	5.87 mm principal	0.19	Debt	Long	Cayman Islands
TRN Trinity Industries, Inc.	5.38 mm	5.13 mm principal	0.19	Debt	Long	USA
CCO Clear Channel Outdoor Holdings, Inc.	5.37 mm	5.47 mm principal	0.19	Debt	Long	USA
MAGLLC 4.875 05/01/29 144A	5.37 mm	5.59 mm principal	0.19	Debt	Long	USA
ADAHEA 5.125 03/01/30 144A	5.35 mm	5.72 mm principal	0.19	Debt	Long	USA
PNMAC Holdings, Inc.	5.35 mm	5.17 mm principal	0.19	Debt	Long	USA
IIPR 5.5 05/25/26 *	5.34 mm	5.53 mm principal	0.19	Debt	Long	USA
ILDFP 8.5 04/15/31 144A	5.34 mm	4.96 mm principal	0.19	Debt	Long	France
BBGI 8.625 02/01/26 144A	5.30 mm	9.22 mm principal	0.19	Debt	Long	USA
BIGSKY 4.75 05/15/29 144A	5.26 mm	5.47 mm principal	0.19	Debt	Long	USA
RTL 4.5 09/30/28 144A	5.25 mm	5.60 mm principal	0.19	Debt	Long	USA