Multi-manager High Financials
| NMHYX Fund | USD 8.50 0.01 0.12% |
Multi-manager |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Multi-manager High Fund Summary
Multi-manager High competes with Payden Us, Federated Government, Us Government, Us Government, and Us Government. The fund invests at least 80 percent of its net assets in bonds and other fixed-income securities that are rated below investment grade . The adviser utilizes a multi-manager approach whereby the funds assets are allocated to one or more sub-advisers, in percentages determined at the discretion of the funds investment adviser. Although the fund primarily invests in the debt obligations of domestic issuers, it may invest in debt obligations of foreign issuers.Specialization | High Yield Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US6651624420 |
| Business Address | Northern Funds |
| Mutual Fund Family | Northern Funds |
| Mutual Fund Category | High Yield Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 800 595 9111 |
| Currency | USD - US Dollar |
Multi-manager High Key Financial Ratios
Multi-manager Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Multi-manager High's current stock value. Our valuation model uses many indicators to compare Multi-manager High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Multi-manager High competition to find correlations between indicators driving Multi-manager High's intrinsic value. More Info.Multi Manager High Yield is number one fund in price to book among similar funds. It also is number one fund in price to sales among similar funds fabricating about 0.95 of Price To Sales per Price To Book. The ratio of Price To Book to Price To Sales for Multi Manager High Yield is roughly 1.06 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Multi-manager High's earnings, one of the primary drivers of an investment's value.Multi Manager High Systematic Risk
Multi-manager High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Multi-manager High volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-one with a total number of output elements of fourty. The Beta measures systematic risk based on how returns on Multi Manager High correlated with the market. If Beta is less than 0 Multi-manager High generally moves in the opposite direction as compared to the market. If Multi-manager High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Multi Manager High is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Multi-manager High is generally in the same direction as the market. If Beta > 1 Multi-manager High moves generally in the same direction as, but more than the movement of the benchmark.
Multi-manager High Thematic Clasifications
Multi Manager High Yield is part of Junk Bonds Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds with bonds rated BB or lower. Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues
This theme covers Funds with bonds rated BB or lower. Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. Get More Thematic Ideas
Multi Manager High Yield is number one fund in net asset among similar funds. Total Asset Under Management (AUM) of High Yield Bond category is currently estimated at about 26.12 Billion. Multi-manager High maintains roughly 209.48 Million in net asset contributing less than 1% to all funds under High Yield Bond category.| Junk Bonds Funds | View |
Multi-manager High February 16, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Multi-manager High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Multi Manager High Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of Multi Manager High Yield based on widely used predictive technical indicators. In general, we focus on analyzing Multi-manager Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Multi-manager High's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2079 | |||
| Information Ratio | 0.0596 | |||
| Maximum Drawdown | 0.7149 | |||
| Value At Risk | (0.24) | |||
| Potential Upside | 0.2356 |
Other Information on Investing in Multi-manager Mutual Fund
Multi-manager High financial ratios help investors to determine whether Multi-manager 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 Multi-manager with respect to the benefits of owning Multi-manager High security.
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