|
Overall Morningstar
Rating™ |
| What is this? |
 |
 |
| As of 2009-10-31 |
|
Out of
Muni California Long Funds |
|
| Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance. |
|
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|
Morningstar®
Style Box™ |
| What is this? |
|
 |
|
Avg Duration |
|
|
6.97 Yrs
|
|
|
|
Avg Credit Quality |
|
|
AA |
|
| As of
2009-09-30 |
|
|
| Day Change |
| $ 0.02 |
|
|
| NAV (2009-11-20) |
| $ 10.72 |
|
|
| YTD Return % (2009-11-20) |
| 11.45% |
|
|
| Total Assets ($ mil) |
| 160 |
|
| Growth of $10,000 |
 |
Fund: |
Northern CA Tax-Exempt |
| (from
1999-01-01
to 2009-10-31) |
 |
Category: |
Muni California Long |
|
 |
Index: |
BarCap Municipal TR USD |
| Total Annualized Returns % |
1yr, 3yr and 5yr Returns as of 2009-11-20 |
| Inception date: 1997-04-08 |
10yr and Inception Returns as of 2009-10-31 |
|
YTD Returns as of 2009-11-20 |
|
|
YTD |
1 Year |
3 Year |
5 Year |
10 Year |
Since Inception |
| Fund |
11.45 |
11.13 |
3.54 |
3.80 |
5.49 |
5.38 |
| +/- Category |
-5.28 |
-2.53 |
1.95 |
1.04 |
0.90 |
--- |
| +/- BarCap Municipal TR USD |
-0.69 |
-0.54 |
-0.71 |
-0.56 |
--- |
--- |
|
|
| Standardized Annual Returns % more on standardized returns |
| Quarter-End (as of
2009-09-30) |
16.18 |
17.57 |
5.18 |
4.70 |
5.75 |
5.75 |
| Month-End (as of 2009-10-31) |
11.71 |
14.12 |
3.70 |
3.70 |
5.49 |
5.38 |
|
|
| After Tax Returns % (as of
2009-09-30
)
|
| On Distribution |
--- |
14.14 |
3.64 |
3.59 |
5.34 |
--- |
| On Distribution & Sale of Shares |
--- |
10.78 |
3.74 |
3.71 |
5.28 |
--- |
|
|
| Morningstar Rating |
--- |
--- |
 |
 |
|
--- |
|
| # of compared funds covered (3 yrs : out of 152 funds), (5 yrs : out of 141 funds), (10 yrs : out of 115 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is
none,
the maximum deferred sales fee is
none,
and the maximum redemption sales fee is
none. |
|
| The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein. |
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|
|
| Sector Breakdown % |
|
| General Obligations |
46.63 |
| Advance Refunded |
4.04 |
| State Appropriated Tobacco |
---
|
| Non-state Appropriated Tobacco |
---
|
| Education |
6.04 |
| Health |
1.79 |
| Housing |
---
|
| Industrial |
0.50 |
| Transportation |
5.28 |
| Utilities |
1.74 |
| Water/Sewer |
3.12 |
| Misc. Revenue |
30.86 |
|
| Bond Quality |
% of Bonds |
| AAA |
19.0 |
| AA |
44.1 |
| A |
34.1 |
| BBB |
2.8 |
| BB |
0.0 |
| B |
0.0 |
| Below B |
0.0 |
| Not Rated |
0.1 |
|
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|
|
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| |
|
|
| Asset Allocation |
|
 |
|
| % of Net Assets |
 |
Cash |
0.1 |
 |
Stocks |
0.0 |
|
Bonds |
99.9 |
 |
Other |
0.0 |
|
|
|
Foreign Stocks |
0.0 |
|
(as a % of Assets) |
|
|
| Data through 2009-09-30 |
Data through 2009-09-30 |
 |
| Holding Status |
|
| Total Number of Stock Holdings |
|
|
Turnover % |
54 |
| Total Number of Bond Holdings |
109 |
|
30 Day SEC Yield % |
4.02 |
| % of Assets in Top 10 Holdings |
25.23 |
|
ending as of
2009-09-30 |
|
|
|
|
View Data Definitions |
| Top 10 Holdings |
Maturity
Date |
Amount
$000 |
Value
$000 |
% of Net
Assets |
|
|
|
|
|
|
 |
California St Go Bds 5.75% |
2031-04-01 |
6,250 |
6,778 |
4.12 |
|
Bay Area Infrasct Fing A State Pay 5% |
2017-08-01 |
5,000 |
5,229 |
3.18 |
 |
California St Various P 5% |
2024-06-01 |
5,000 |
5,177 |
3.14 |
|
San Francisco Calif City & Cnt Cop 4.75% |
2035-04-01 |
5,000 |
5,104 |
3.10 |
|
San Francisco Calif St Bldg Au Ref Le 5% |
2013-10-01 |
4,250 |
4,544 |
2.76 |
|
 |
|
Palomar Pomerado Health Calif Go Bds |
2038-08-01 |
5,000 |
3,312 |
2.01 |
|
California St Go Refund 4.5% |
2028-08-01 |
3,000 |
2,904 |
1.76 |
|
Southern Calif Pub Pwr Auth 6% |
2027-07-01 |
2,520 |
2,887 |
1.75 |
|
Univ Calif Revs Rev Bds 5.25% |
2026-05-15 |
2,500 |
2,831 |
1.72 |
|
Bay Area Toll Auth 5.25% |
2029-04-01 |
2,500 |
2,783 |
1.69 |
|
|
 |
Data through 2009-09-30 |
|
|
| Fund Inception: 1997-04-08 |
|
Portfolio Manager (Start Date) |
|
|
|
|
|
Eric V. Boeckmann (1998-04-01) |
|
|
|
Boeckmann is vice president and portfolio manager with The Northern Trust Company, his employer since 1985. During the past five years, he has managed various municipal bond portfolios, including common trust funds invested in municipal securities. |
|
|
|
|
Sales Charge %
(taken from prospectus dated 2009-07-31) |
| Front: |
None |
| Deferred: |
None |
|
| Expense Ratio % |
0.75 |
based on net assets
(taken from annual report dated 2009-03-31)
|
|
| Correspondence Information |
Northern Trust
50 South Lasalle
Chicago,
IL
60603
USA |
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