Multi-Manager Emerging Markets Debt Opportunity Fund

Fund Profile

Fund profile

Tickers

NMEDX

Fund manager

Northern Funds

Total assets

$131.45 mm

Liabilities

$234.67 k

Net assets

$131.21 mm

Number of holdings

664.00

Top 200 of 664 Holdings

As of Dec 2023

Security	$Holding	Balance	% of Fund	Category	Position	Country
Northern Inst Fds GOVT PTFL	2.08 mm	2.08 mm shares	1.58	Short-term investment vehicle	Long	USA
Northern Inst Fds GOVT PTFL	1.77 mm	1.77 mm shares	1.35	Short-term investment vehicle	Long	USA
B 0 07/11/24	1.33 mm	1.36 mm principal	1.01	Debt	Long	USA
BNTNF 10 01/01/29 NTNF	1.25 mm	6.08 mm principal	0.95	Debt	Long	Brazil
BNTNF 10 01/01/27 NTNF	1.22 mm	5.90 mm principal	0.93	Debt	Long	Brazil
PDVSA 8.5 10/27/20 REGS	1.18 mm	1.48 mm principal	0.90	Debt	Long	Venezuela (Bolivarian Republic of)
SAGB 8.25 03/31/32 2032	957.71 k	20.00 mm principal	0.73	Debt	Long	South Africa
PEMEX 5.95 01/28/31	930.25 k	1.17 mm principal	0.71	Debt	Long	Mexico
THAIGB 0.75 09/17/24	797.01 k	27.50 mm principal	0.61	Debt	Long	Thailand
TEVA 3.15 10/01/26	787.06 k	850.00 k principal	0.60	Debt	Long	Netherlands
QATAR 4 03/14/29 REGS	769.96 k	775.00 k principal	0.59	Debt	Long	Qatar
INDOGB 8.375 09/15/26 FR56	715.45 k	10.50 bn principal	0.55	Debt	Long	Indonesia
THAIGB 3.3 06/17/38	703.83 k	23.00 mm principal	0.54	Debt	Long	Thailand
CROATI 1.5 06/17/31	693.56 k	700.00 k principal	0.53	Debt	Long	Croatia
INDON 4.85 01/11/33	686.62 k	675.00 k principal	0.52	Debt	Long	Indonesia
INDON 6.625 02/17/37 REGS	644.19 k	550.00 k principal	0.49	Debt	Long	Indonesia
THAIGB 0.75 09/17/24	643.11 k	22.19 mm principal	0.49	Debt	Long	Thailand
SAGB 8.875 02/28/35 2035	635.35 k	13.75 mm principal	0.48	Debt	Long	South Africa
QATAR 5.103 04/23/48 REGS	634.14 k	625.00 k principal	0.48	Debt	Long	Qatar
BNTNF 10 01/01/33 NTNF	629.08 k	3.10 mm principal	0.48	Debt	Long	Brazil
COLTES 7 06/30/32 B	627.58 k	2.90 bn principal	0.48	Debt	Long	Colombia
MBONO 7.75 05/29/31 M	607.34 k	11.05 mm principal	0.46	Debt	Long	Mexico
EGYPT 5.625 04/16/30 REGS	584.13 k	825.00 k principal	0.45	Debt	Long	Egypt
COLOM 3.125 04/15/31	569.20 k	700.00 k principal	0.43	Debt	Long	Colombia
FM First Quantum Minerals Ltd	563.84 k	665.00 k principal	0.43	Debt	Long	Canada
INDOGB 7 02/15/33 FR96	551.78 k	8.19 bn principal	0.42	Debt	Long	Indonesia
COLTES 13.25 02/09/33 B	550.90 k	1.80 bn principal	0.42	Debt	Long	Colombia
INDOGB 9.5 07/15/31 FR54	548.08 k	7.20 bn principal	0.42	Debt	Long	Indonesia
SAGB 8.25 03/31/32 2032	546.43 k	11.41 mm principal	0.42	Debt	Long	South Africa
UZBEK 3.7 11/25/30 REGS	531.12 k	630.00 k principal	0.40	Debt	Long	Uzbekistan
OMAN 6.75 01/17/48 REGS	525.47 k	501.00 k principal	0.40	Debt	Long	Oman
POLGB 6 10/25/33 1033	517.58 k	1.92 mm principal	0.39	Debt	Long	Poland
ROMGB 8.75 10/30/28 6Y	501.82 k	2.05 mm principal	0.38	Debt	Long	Romania
COLTES 6 04/28/28 B	501.16 k	2.20 bn principal	0.38	Debt	Long	Colombia
MBONO 8 09/05/24 M	493.20 k	8.54 mm principal	0.38	Debt	Long	Mexico
MBONO 10 11/20/36 M	488.82 k	7.70 mm principal	0.37	Debt	Long	Mexico
DEBTAS 1 10/10/25 REGS	481.24 k	550.00 k principal	0.37	Debt	Long	Viet Nam
MBONO 7.75 05/29/31 M	472.68 k	8.60 mm principal	0.36	Debt	Long	Mexico
SAGB 8.5 01/31/37 2037	471.18 k	11.00 mm principal	0.36	Debt	Long	South Africa
BLTN 0 07/01/27 LTN	469.27 k	3.17 mm principal	0.36	Debt	Long	Brazil
MGS 3.582 07/15/32 0122	459.40 k	2.15 mm principal	0.35	Debt	Long	Malaysia
POLGB 6 10/25/33 1033	458.52 k	1.70 mm principal	0.35	Debt	Long	Poland
PIFKSA 5.125 02/14/53	454.05 k	500.00 k principal	0.35	Debt	Long	Cayman Islands
INDOGB 6.5 02/15/31 FR87	452.82 k	7.00 bn principal	0.35	Debt	Long	Indonesia
ADGB 3.125 09/30/49 REGS	442.33 k	600.00 k principal	0.34	Debt	Long	United Arab Emirates
MBONO 8.5 05/31/29 M	438.24 k	7.60 mm principal	0.33	Debt	Long	Mexico
CZGB 3.5 05/30/35 145	436.87 k	10.00 mm principal	0.33	Debt	Long	Czechia
GUATEM 4.5 05/03/26 REGS	421.73 k	435.00 k principal	0.32	Debt	Long	Guatemala
BBLTB V3.466 09/23/36 144A	420.11 k	500.00 k principal	0.32	Debt	Long	Thailand
GHANA 7.875 02/11/35 REGS	418.35 k	950.00 k principal	0.32	Debt	Long	Ghana
VENZ 11.95 08/05/31	417.74 k	2.23 mm principal	0.32	Debt	Long	Venezuela (Bolivarian Republic of)
KSA 2.25 02/02/33 REGS	415.10 k	500.00 k principal	0.32	Debt	Long	Saudi Arabia
CGB 2.24 05/25/25 INBK	412.63 k	2.94 mm principal	0.31	Debt	Long	China
SCHYF Sands China Ltd.	411.73 k	415.00 k principal	0.31	Debt	Long	Cayman Islands
SCBFY Standard Chartered PLC	411.13 k	405.00 k principal	0.31	Debt	Long	UK
OMAN 5.625 01/17/28 REGS	408.35 k	400.00 k principal	0.31	Debt	Long	Oman
SGCAZE 6.875 03/24/26 REGS	406.92 k	400.00 k principal	0.31	Debt	Long	Azerbaijan
MEDCIJ 8.96 04/27/29 144A	405.59 k	400.00 k principal	0.31	Debt	Long	Singapore
BTPCL 5 10/01/28	403.46 k	360.00 mm principal	0.31	Debt	Long	Chile
KTB 3.25 06/10/33 3306	401.68 k	516.08 mm principal	0.31	Debt	Long	Korea, Republic of
SERBIA 1.5 06/26/29 REGS	397.31 k	425.00 k principal	0.30	Debt	Long	Serbia
PERUGB 6.15 08/12/32	396.20 k	1.50 mm principal	0.30	Debt	Long	Peru
EQPTRC 5 05/18/25 144A	394.96 k	400.00 k principal	0.30	Debt	Long	Canada
ADGB 4.125 10/11/47 REGS	394.21 k	450.00 k principal	0.30	Debt	Long	United Arab Emirates
LUMIIT V7.129 07/18/33	393.85 k	400.00 k principal	0.30	Debt	Long	Israel
BNTNF 10 01/01/29 NTNF	390.37 k	1.90 mm principal	0.30	Debt	Long	Brazil
DOMREP 4.875 09/23/32 REGS	386.47 k	425.00 k principal	0.29	Debt	Long	Dominican Republic
PHILIP 3.75 01/14/29	385.15 k	400.00 k principal	0.29	Debt	Long	Philippines
MEX 4.75 04/27/32	384.94 k	400.00 k principal	0.29	Debt	Long	Mexico
NGERIA 7.143 02/23/30 REGS	379.50 k	420.00 k principal	0.29	Debt	Long	Nigeria
NTBKKK V2.5 11/24/30	374.94 k	400.00 k principal	0.29	Debt	Long	United Arab Emirates
ESKOM 4.314 07/23/27	374.73 k	400.00 k principal	0.29	Debt	Long	South Africa
MGS 3.9 11/30/26 0316	374.04 k	1.70 mm principal	0.29	Debt	Long	Malaysia
TRAGAS 6.75 05/02/25 REGS	368.25 k	385.00 k principal	0.28	Debt	Long	Argentina
MGS 3.478 06/14/24 0319	358.88 k	1.65 mm principal	0.27	Debt	Long	Malaysia
BRFS BRF S.A.	351.72 k	400.00 k principal	0.27	Debt	Long	Brazil
SRILAN 6.2 05/11/27 REGS	351.09 k	700.00 k principal	0.27	Debt	Long	Sri Lanka
MINCAP 5.625 08/10/37 REGS	350.00 k	400.00 k principal	0.27	Debt	Long	Netherlands
MGS 3.733 06/15/28 0513	349.37 k	1.60 mm principal	0.27	Debt	Long	Malaysia
FRIDPT 6.2 04/14/52 144A	346.94 k	350.00 k principal	0.26	Debt	Long	Indonesia
BBVASM V8.45 06/29/38 144A	346.60 k	325.00 k principal	0.26	Debt	Long	Mexico
HNTOIL 8.55 09/18/33 144A	344.42 k	315.00 k principal	0.26	Debt	Long	Peru
HGB 3 10/27/27 27/A	344.26 k	131.00 mm principal	0.26	Debt	Long	Hungary
PERUGB 5.4 08/12/34	342.29 k	1.40 mm principal	0.26	Debt	Long	Peru
BNTNF 10 01/01/27 NTNF	340.24 k	1.65 mm principal	0.26	Debt	Long	Brazil
SILAMX 5.375 04/04/32 144A	339.10 k	365.00 k principal	0.26	Debt	Long	Mexico
INDOGB 7.125 06/15/38 FR98	338.10 k	4.97 bn principal	0.26	Debt	Long	Indonesia
THAIGB 2.125 12/17/26	334.76 k	11.50 mm principal	0.26	Debt	Long	Thailand
ANGOL 9.375 05/08/48 REGS	333.91 k	400.00 k principal	0.25	Debt	Long	Angola
KZOKZ 6.375 10/24/48 144A	333.27 k	355.00 k principal	0.25	Debt	Long	Kazakhstan
SAGB 8 01/31/30 2030	332.60 k	6.60 mm principal	0.25	Debt	Long	South Africa
ROMANI 2 04/14/33 REGS	331.74 k	400.00 k principal	0.25	Debt	Long	Romania
AES 4.375 05/31/30 144A	329.98 k	392.84 k principal	0.25	Debt	Long	Panama
MGS 3.899 11/16/27 0417	329.76 k	1.50 mm principal	0.25	Debt	Long	Malaysia
CAMEBO 5.25 04/27/29 144A	328.97 k	350.00 k principal	0.25	Debt	Long	Virgin Islands (British)
TIEMOD 5.75 12/01/40 REGS	326.51 k	361.87 k principal	0.25	Debt	Long	Luxembourg
THAIGB 1.6 12/17/29	325.46 k	11.70 mm principal	0.25	Debt	Long	Thailand
PEMEX 6.75 09/21/47	323.70 k	494.00 k principal	0.25	Debt	Long	Mexico
YKBNK 9.25 10/16/28 144A	322.85 k	305.00 k principal	0.25	Debt	Long	Turkey
CZGB 1.5 04/24/40 125	321.95 k	10.00 mm principal	0.25	Debt	Long	Czechia
LVIATH 6.75 06/30/30	320.44 k	350.00 k principal	0.24	Debt	Long	Israel
EC Ecopetrol S.A.	318.62 k	325.00 k principal	0.24	Debt	Long	Colombia
POLGB 2.5 07/25/27 0727	317.25 k	1.35 mm principal	0.24	Debt	Long	Poland
LBTCOR 10.875 01/15/31 144A	317.21 k	310.00 k principal	0.24	Debt	Long	Cayman Islands
MBONO 8.5 11/18/38 M	316.50 k	5.63 mm principal	0.24	Debt	Long	Mexico
MGS 4.504 04/30/29 0322	316.27 k	1.40 mm principal	0.24	Debt	Long	Malaysia
SCBFY Standard Chartered PLC	315.33 k	300.00 k principal	0.24	Debt	Long	UK
IENOVA 4.875 01/14/48 144A	314.70 k	400.00 k principal	0.24	Debt	Long	Mexico
ADGLXY 3.25 09/30/40 REGS	314.52 k	400.00 k principal	0.24	Debt	Long	Jersey
GASBCM 6.129 02/23/38 144A	313.44 k	300.00 k principal	0.24	Debt	Long	Luxembourg
VODUKR 6.2 02/11/25 REGS	312.85 k	400.00 k principal	0.24	Debt	Long	UK
IVYCST 4.875 01/30/32 REGS	312.64 k	335.00 k principal	0.24	Debt	Long	Côte d'Ivoire
MGS 3.828 07/05/34 0419	309.74 k	1.43 mm principal	0.24	Debt	Long	Malaysia
TLWLN 10.25 05/15/26 144A	307.83 k	345.00 k principal	0.23	Debt	Long	UK
POHANG 4.375 08/04/25 144A	305.54 k	310.00 k principal	0.23	Debt	Long	Korea, Republic of
OCPMR 5.125 06/23/51 REGS	304.67 k	400.00 k principal	0.23	Debt	Long	Morocco
RECLIN 5.625 04/11/28 144A	304.36 k	300.00 k principal	0.23	Debt	Long	India
TENGIZ 4 08/15/26 144A	304.02 k	325.00 k principal	0.23	Debt	Long	Bermuda
PANAMA 3.875 03/17/28	299.52 k	325.00 k principal	0.23	Debt	Long	Panama
CZGB 2 10/13/33 103	298.75 k	7.76 mm principal	0.23	Debt	Long	Czechia
THAIGB 3.775 06/25/32	298.25 k	9.41 mm principal	0.23	Debt	Long	Thailand
VENZ 9.25 09/15/27	292.77 k	1.57 mm principal	0.22	Debt	Long	Venezuela (Bolivarian Republic of)
INDOGB 8.75 05/15/31 FR73	290.79 k	4.00 bn principal	0.22	Debt	Long	Indonesia
SHNHAN 3.875 03/24/26 144A	289.02 k	300.00 k principal	0.22	Debt	Long	Korea, Republic of
PERUGB 5.4 08/12/34	285.08 k	1.17 mm principal	0.22	Debt	Long	Peru
MGS 4.696 10/15/42 0222	281.21 k	1.20 mm principal	0.21	Debt	Long	Malaysia
JBSSBZ 3.75 12/01/31	280.37 k	325.00 k principal	0.21	Debt	Long	Luxembourg
LIMAMT 5.875 07/05/34 REGS	278.53 k	282.09 k principal	0.21	Debt	Long	Cayman Islands
BNTNF 10 01/01/31 NTNF	274.28 k	1.34 mm principal	0.21	Debt	Long	Brazil
SASOL 5.5 03/18/31	273.57 k	325.00 k principal	0.21	Debt	Long	USA
DOMREP 4.875 09/23/32 REGS	272.81 k	300.00 k principal	0.21	Debt	Long	Dominican Republic
ROMGB 8.25 09/29/32 10Y	272.48 k	1.09 mm principal	0.21	Debt	Long	Romania
AICNRA 5.75 06/15/33 144A	271.37 k	350.00 k principal	0.21	Debt	Long	Spain
HLSTWR 7 12/18/25 REGS	271.33 k	275.00 k principal	0.21	Debt	Long	Mauritius
ALFACL 4.55 09/27/51 144A	271.29 k	347.82 k principal	0.21	Debt	Long	Chile
ROMANI 1.75 07/13/30 REGS	268.42 k	300.00 k principal	0.20	Debt	Long	Romania
COLTES 9.25 05/28/42 B	267.63 k	1.14 bn principal	0.20	Debt	Long	Colombia
ARGENT 4.25 01/09/38	266.24 k	675.00 k principal	0.20	Debt	Long	Argentina
CGB 2.75 02/17/32 INBK	265.92 k	1.87 mm principal	0.20	Debt	Long	China
THAIGB 2.35 06/17/26	265.53 k	9.05 mm principal	0.20	Debt	Long	Thailand
BEEFBZ 8.875 09/13/33 144A	264.32 k	250.00 k principal	0.20	Debt	Long	Luxembourg
MGS 3.582 07/15/32 0122	262.18 k	1.23 mm principal	0.20	Debt	Long	Malaysia
ICBPIJ 3.398 06/09/31	259.94 k	300.00 k principal	0.20	Debt	Long	Indonesia
TURKEY 4.875 04/16/43	258.49 k	355.00 k principal	0.20	Debt	Long	Turkey
ECLCI 3.4 01/28/30 REGS	257.85 k	300.00 k principal	0.20	Debt	Long	Chile
POLGB 2.75 04/25/28 0428	256.50 k	1.10 mm principal	0.20	Debt	Long	Poland
MBONO 7.5 06/03/27 M	256.14 k	4.59 mm principal	0.20	Debt	Long	Mexico
CGB 2.75 02/17/32 INBK	254.32 k	1.78 mm principal	0.19	Debt	Long	China
FUNOTR 4.869 01/15/30 144A	252.97 k	280.00 k principal	0.19	Debt	Long	Mexico
COLOM 8.75 11/14/53	252.84 k	220.00 k principal	0.19	Debt	Long	Colombia
HGB 3 10/27/27 27/A	252.15 k	95.95 mm principal	0.19	Debt	Long	Hungary
LLPLCA 6.875 02/04/39 144A	252.02 k	261.50 k principal	0.19	Debt	Long	Singapore
ADSEZ 3.1 02/02/31 144A	251.63 k	330.00 k principal	0.19	Debt	Long	India
BNKEA V6.75 03/15/27 EMTN	251.50 k	250.00 k principal	0.19	Debt	Long	Hong Kong
TURKEY 4.875 04/16/43	251.21 k	345.00 k principal	0.19	Debt	Long	Turkey
COMCEL 5.125 02/03/32 144A	249.03 k	285.00 k principal	0.19	Debt	Long	Cayman Islands
DOMREP 5.5 01/27/25 REGS	248.44 k	250.00 k principal	0.19	Debt	Long	Dominican Republic
PARGUY 5 04/15/26 REGS	247.60 k	250.00 k principal	0.19	Debt	Long	Paraguay
HSBC HSBC Holdings plc	247.17 k	225.00 k principal	0.19	Debt	Long	UK
CHLELC 6.01 01/20/33 144A	245.98 k	240.00 k principal	0.19	Debt	Long	Luxembourg
INDTLL 5.5 08/19/24 REGS	245.90 k	250.00 k principal	0.19	Debt	Long	Mauritius
TELEFO 3.537 11/18/31 144A	243.66 k	330.00 k principal	0.19	Debt	Long	Chile
POLGB 2.75 10/25/29 1029	243.15 k	1.07 mm principal	0.19	Debt	Long	Poland
WESODA 9.5 10/06/28 144A	242.00 k	235.00 k principal	0.18	Debt	Long	UK
GNFPSO 5.198 06/15/34 144A	241.94 k	265.60 k principal	0.18	Debt	Long	Luxembourg
EMBRBZ 7 07/28/30 144A	241.25 k	230.00 k principal	0.18	Debt	Long	Netherlands
HGB 4.75 11/24/32 32/A	239.82 k	90.00 mm principal	0.18	Debt	Long	Hungary
THAIGB 3.775 06/25/32	237.69 k	7.50 mm principal	0.18	Debt	Long	Thailand
CSNABZ 4.625 06/10/31 144A	237.25 k	290.00 k principal	0.18	Debt	Long	Luxembourg
CZGB 2.75 07/23/29 105	237.20 k	5.58 mm principal	0.18	Debt	Long	Czechia
PKSTAN 8.875 04/08/51 REGS	237.06 k	390.00 k principal	0.18	Debt	Long	Pakistan
BGOSK 0.375 10/13/28 EMTN	236.94 k	250.00 k principal	0.18	Debt	Long	Poland
BHARTI V5.65 PERP REGS	236.50 k	240.00 k principal	0.18	Debt	Long	Mauritius
ENOGLN 6.5 04/30/27 144A	235.98 k	260.00 k principal	0.18	Debt	Long	UK
BHRAIN 5.625 05/18/34 REGS	235.91 k	260.00 k principal	0.18	Debt	Long	Bahrain
ROMGB 4.75 10/11/34 15Y	235.11 k	1.20 mm principal	0.18	Debt	Long	Romania
POLGB 7.5 07/25/28 0728	234.53 k	838.00 k principal	0.18	Debt	Long	Poland
GRNKEN 5.5 04/06/25 144A	234.12 k	240.00 k principal	0.18	Debt	Long	Mauritius
CZGB 1.75 06/23/32 138	231.27 k	6.00 mm principal	0.18	Debt	Long	Czechia
ENOIGA 4.875 03/30/26	231.06 k	250.00 k principal	0.18	Debt	Long	Israel
STCITY 6.5 01/15/28 144A	230.94 k	250.00 k principal	0.18	Debt	Long	Virgin Islands (British)
KSA 5.25 01/16/50 REGS	230.61 k	235.00 k principal	0.18	Debt	Long	Saudi Arabia
DOMREP 5.875 01/30/60 REGS	229.41 k	266.00 k principal	0.17	Debt	Long	Dominican Republic
KAZAKS 6.5 07/21/45 REGS	229.29 k	200.00 k principal	0.17	Debt	Long	Kazakhstan
ENGPRO 11 11/02/28 144A	227.48 k	220.00 k principal	0.17	Debt	Long	Czechia
POLGB 2.5 07/25/26 0726	227.45 k	950.00 k principal	0.17	Debt	Long	Poland
PERU 1.862 12/01/32	225.49 k	288.00 k principal	0.17	Debt	Long	Peru
TIGO 5.125 01/15/28 144A	225.43 k	243.00 k principal	0.17	Debt	Long	Luxembourg
ZAMBIN 5.375 09/20/22 REGS	224.87 k	400.00 k principal	0.17	Debt	Long	Zambia
IHSHLD 8 09/18/27 REGS	223.49 k	250.00 k principal	0.17	Debt	Long	Netherlands
MCBRAC 7.25 06/30/31 144A	223.40 k	285.04 k principal	0.17	Debt	Long	Luxembourg
GEBCB 7.85 11/09/33 144A	222.91 k	205.00 k principal	0.17	Debt	Long	Colombia
RPVIN 4.5 07/14/28 144A	222.39 k	250.00 k principal	0.17	Debt	Long	India
VENZ 11.75 10/21/26	221.81 k	1.18 mm principal	0.17	Debt	Long	Venezuela (Bolivarian Republic of)
OMAN 6.75 01/17/48 REGS	220.26 k	210.00 k principal	0.17	Debt	Long	Oman
AYDEMT 7.75 02/02/27 REGS	219.42 k	240.00 k principal	0.17	Debt	Long	Turkey
SIGMA 4.125 05/02/26 144A	219.30 k	225.00 k principal	0.17	Debt	Long	Mexico
MBONO 7.75 11/13/42 M	217.75 k	4.20 mm principal	0.17	Debt	Long	Mexico
PERU 2.783 01/23/31	217.68 k	250.00 k principal	0.17	Debt	Long	Peru
PERUGB 6.15 08/12/32	217.38 k	823.00 k principal	0.17	Debt	Long	Peru