Northern Stock Index Fund
NOSIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Northern Funds Chicago IL United States of America 60603
- IPO Date
- Oct 7, 1996
- CIK
- 0000916620
- Website
- ntam.northerntrust.com
- Similar Companies
- Business
- Northern Stock Index Fund (NOSIX) is an open-end mutual fund that seeks to approximate the performance of the S&P 500 Index by investing at least 80% of its net assets in the equity securities included in the index, weighted to match the index's relative composition, and in approved S&P 500 Index futures; it employs proprietary quantitative techniques to minimize trading costs and targets long-term capital appreciation through a broadly diversified portfolio of large-cap blend stocks. The fund, part of the Northern Funds complex managed by Northern Trust Asset Management, offers a low expense ratio of 0.05%, no-load share class, and quarterly dividend distributions, with total assets exceeding $15 billion as of mid-2025. Its top holdings include leading large-cap names such as Apple Inc., Microsoft Corp., NVIDIA Corp., Amazon.com Inc., and Meta Platforms Inc. Class A, representing approximately 33% of the portfolio. Launched on October 7, 1996, and domiciled in the United States with principal executive offices at 50 South LaSalle Street, Chicago, Illinois, the fund operates primarily for institutional and retail investors seeking large-blend exposure, including pension funds, endowments, and high-net-worth individuals served by Northern Trust. The fund is managed by a team of portfolio managers including Chris Jaeger, Shivani Shah, Lucy A. Johnston, and Keith Carroll, leveraging Northern Trust's equity index expertise. In recent developments, Northern Trust Asset Management has pursued structural enhancements, including leadership transitions such as Daniel Gamba assuming the role of NTAM President in April 2023 and expansions in institutional services like Front Office Solutions surpassing $1 trillion in assets under management by July 2025; while no direct changes to NOSIX were reported, the broader organization approved fund liquidations (e.g., U.S. Treasury Index Fund by March 2025) and a name change for the Global Sustainability Index Fund effective February 2025.