Fund Evaluator:
Northern Stablecoin Csh Rsrvs Prtfl (NSCXX)Best Performing in Money Market-Taxable Over the Last Year
No funds meet the criteria for consistent category performer.Fund Details
Northern Stablecoin Csh Rsrvs Prtfl Overview
Northern Stablecoin Csh Rsrvs Prtfl (NSCXX) is an actively managed Money Market Money Market-Taxable fund. Northern Trust launched the fund in 2026.
The investment seeks to maximize current income to the extent consistent with the preservation of capital and maintenance of liquidity. The fund seeks to achieve its objective by investing, under normal circumstances, in: cash; treasury bills, treasury notes, and treasury bonds (“treasury obligations”) with a remaining maturity of 93 days or less; and overnight repurchase agreements collateralized by treasury obligations.
About Northern Stablecoin Csh Rsrvs Prtfl (NSCXX)
There are 1 members of the management team with an average tenure of 0.06 years: Management Team (2026). Management tenure is more important for actively managed funds than passive index funds.
Northern Stablecoin Csh Rsrvs Prtfl has securities in its portfolio. The top 10 holdings constitute 0.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Northern Stablecoin Csh Rsrvs Prtfl is part of the Capital Preservation global asset class and is within the Money Market fund group. Northern Stablecoin Csh Rsrvs Prtfl has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Northern Stablecoin Csh Rsrvs Prtfl has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $25 million in total assets, which is above the $18 million average for the Money Market-Taxable category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
NSCXX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Northern Stablecoin Csh Rsrvs Prtfl expense ratio is low compared to funds in the Money Market-Taxable category. Northern Stablecoin Csh Rsrvs Prtfl has an expense ratio of 0.18%, which is 8% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. A portfolio turnover rate cannot be currently calculated for Northern Stablecoin Csh Rsrvs Prtfl.
Recently, in the month of September 2026, Northern Stablecoin Csh Rsrvs Prtfl returned 0.0%, which earned it a grade of NA, as the Money Market-Taxable category had an average return of 0.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Northern Stablecoin Csh Rsrvs Prtfl has a trailing yield of 0.00%, which is above the 0.00% category average. The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
For more mutual fund grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about Northern Stablecoin Csh Rsrvs Prtfl, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
NSCXX Trailing NAV Total Returns Data as of 9/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| NSCXX Return (NAV) | na | na | na | na | na | na |
| NSCXX Grade | na | na | na | na | na | na |
| +/- Category | na | na | na | na | na | na |
| Money Market-Taxable Avg | 0.2% | 0.9% | na | na | na | na |
| NSCXX Tax Cost Ratio | na | na | na | na | na | na |
NSCXX Annual NAV Total ReturnsData as of 9/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| NSCXX Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| NSCXX Grade | na | na | na | na | na | na | na | na | na | na | na |
| +/- Category | na | na | na | na | na | na | na | na | na | na | na |
| Money Market-Taxable Avg | na | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Standard Deviation: | na |
| Total Risk Index: | na |
| Category Risk Index: | na |
| Category Risk Grade: | |
| Beta: | na |
| R-Squared: | na |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | na |
| Yield: | -- |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $25 Mil |
| Fund Total Assets: | $ 25 Mil |
| Share Class Type: | Other |
| Portfolio Turnover: | na |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 0.1 years | |||
| Average Tenure: 0.1 years | |||
| Managers (Year): Team Management (2026) | |||
Portfolio Composition (as of )
| # of Holdings: | |
| % in Top 10 Holdings: | 0.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.0% |
Purchase Information
| Fund Family: | Northern Trust |
| Phone Number: | 800-637-1380 |
| Website: | www.northernfunds.com |
| Status: | Open |
| Inception Date: | September 8, 2026 |
| Min. Initial Purchase: | $5,000,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.18% ( Rating : Low ) |
| Category Average Expense Ratio (%): | 0.20% |
| Share Class: | Northern Stablecoin Csh Rsrvs Prtfl |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |