Northern Funds Income Equity Fund (NOIEX) Research
The fund primarily aims to achieve its investment goals by allocating a minimum of 80% of its net assets to income-generating equity securities, specifically including common and preferred stocks that distribute dividends. A central objective is to provide a robust level of current income, especially when contrasted with other equity-focused mutual funds. Furthermore, the fund has the flexibility to employ derivatives, such as stock index futures, to strategically invest unallocated cash and bolster the portfolio's overall liquidity.
Market snapshot
- Symbol
- NOIEX
- Price
- $20.24
- Day change
- +1.00%
- Market cap
- $317.7M
- P/E ratio
- 2.38x
- 52-week range
- 17.08-20.57
- Sector
- Financial Services
- Industry
- Asset Management - Income
Peer companies
- Virtus Diversified Income & Convertible Fund (ACV)
- Templeton Emerging Markets Fund (EMF)
- Allspring Multi-Sector Income Fund (ERC)
- Nuveen Small Cap Growth Opportunities Fund (FMPFX)
- Morgan Stanley India Investment Fund, Inc. (IIF)
- Nuveen Small-Cap Value Opportunities Fund (NSCCX)
- Prospector Opportunity Fund (POPFX)
- Cohen & Steers Select Preferred and Income Fund, Inc. (PSF)
Open Northern Funds Income Equity Fund (NOIEX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.