NOITX : Northern Intermediate Tax-Exempt Fund

NOITX is a Bond Market Municipal Bond with LOW fees.

NOITX

Northern Intermediate Tax-Exempt Fund

FI Score

76 /100

Expense Ratio Rating

9 /10

Expense Rating

6 /10

Market Score

8 /10

Category Score

8 /10

Market Size

8 /10

76% FI Score
  • noitx
  • Mutual Fund
  • Bond
  • Municipal Bond

Northern Intermediate Tax-Exempt Fund

Expenses: 0.45% (Better than 1% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

The investment seeks to provide a high level of current income exempt from regular federal income tax. The fund invests at least 80% of the fund's net assets in debt instruments that pay interest that is exempt from regular federal income tax. During temporary defensive periods, all or any portion of its assets may be held uninvested or invested in AMT obligations and taxable instruments. The fund's dollar-weighted average maturity, under normal circumstances, will range between three and ten years. It may invest to a limited extent in obligations that are rated below-investment grade (commonly referred to as "junk bonds").

Largest Holdings

Amount Holding
0.85% SOUTH CAROLINA TRANSN INFRASTRUCTURE BK REV 1.51%
0.73% KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%
0.73% KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%
0.71% CHARLOTTE N C CTFS PARTN 3%
0.70% UTAH TRAN AUTH SALES TAX REV 5.25%
0.67% CALIFORNIA ST 5%
0.54% KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%
0.53% NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 0.75%
0.53% WASHINGTON SUBN SAN DIST MD 4%
0.52% UNIVERSITY N C CHAPEL HILL REV 1.41%
0.52% MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%
0.50% PENNSYLVANIA ST TPK COMMN TPK REV 5%
0.49% GEORGIA ST 5%
0.48% HONOLULU HAWAII CITY & CNTY WASTEWTR SYS REV 5%
0.48% ARIZONA ST UNIV REVS 5%
0.48% ARIZONA ST TRANSN BRD HWY REV 5%
0.48% TENNERGY CORP TENN GAS REV 5%
0.47% CARLSBAD CALIF UNI SCH DIST 0%
0.46% DALLAS TEX AREA RAPID TRAN SALES TAX REV 5%
0.45% NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5%
0.45% MARYLAND ST 5%
0.44% HOWARD CNTY MD 5%
0.44% MONTGOMERY CNTY MD 0.75%
0.44% WASHINGTON ST 5%
0.44% NEW YORK ST TWY AUTH GEN REV 5%

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