Multi-Manager High Yield Opportunity Fund

Fund Profile

Fund profile

Tickers

NMHYX

Fund manager

Northern Funds

Total assets

$190.22 mm

Liabilities

$1.99 mm

Net assets

$188.23 mm

Number of holdings

1.98 k

Top 200 of 1984 Holdings

As of Sep 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
REAALL CMN STOCK CMN STO	4.03 mm	48.45 shares	2.14	Common equity	Long	USA
Northern Institutional Funds GOVT PTFL	2.93 mm	2.93 mm shares	1.55	Short-term investment vehicle	Long	USA
Specialty Stl Holdco Inc FRN SNR USD (144A)	2.49 mm	2.49 mm principal	1.32	Debt	Long	USA
CENX Century Aluminum Company	1.97 mm	1.94 mm principal	1.05	Debt	Long	USA
BIMCN 8.75 07/15/26 144A	1.81 mm	2.01 mm principal	0.96	Debt	Long	Canada
HBGCN 7.375 01/31/32 144A	1.73 mm	1.68 mm principal	0.92	Debt	Long	USA
NEW STAR METALS SR SECD	1.53 mm	1.53 mm principal	0.81	Debt	Long	USA
SURCEN 7.25 04/15/32 144A	1.52 mm	1.46 mm principal	0.81	Debt	Long	USA
Northern Institutional Funds GOVT PTFL	1.42 mm	1.42 mm shares	0.76	Short-term investment vehicle	Long	USA
RZNCAN 9.375 05/01/29 144A	1.30 mm	1.20 mm principal	0.69	Debt	Long	USA
OBEBLD 9.5 04/15/30 144A	1.21 mm	1.24 mm principal	0.64	Debt	Long	USA
MADIAQ 5.875 06/30/29 144A	1.18 mm	1.21 mm principal	0.63	Debt	Long	USA
DEXAXL 6.625 10/15/29 144A	1.10 mm	1.25 mm principal	0.58	Debt	Long	USA
Northern Institutional Funds GOVT PTFL	1.07 mm	1.07 mm shares	0.57	Short-term investment vehicle	Long	USA
SIMFOO 4.625 03/01/29 144A	1.06 mm	1.12 mm principal	0.56	Debt	Long	USA
FLOW 8.75 04/01/30 144A	954.62 k	910.00 k principal	0.51	Debt	Long	USA
MORTON 6.625 05/01/29 144A	942.32 k	980.00 k principal	0.50	Debt	Long	USA
THC Tenet Healthcare Corporation	937.43 k	930.00 k principal	0.50	Debt	Long	USA
STG. ENTERTAINMENT 10.25%	903.54 k	1.11 mm principal	0.48	Debt	Long	USA
CCO Clear Channel Outdoor Holdings, Inc.	878.38 k	840.00 k principal	0.47	Debt	Long	USA
ASSPAR 8 05/15/27 144A	859.84 k	860.00 k principal	0.46	Debt	Long	USA
GTLS Chart Industries, Inc.	822.06 k	780.00 k principal	0.44	Debt	Long	USA
ATI ATI Inc.	818.92 k	820.00 k principal	0.44	Debt	Long	USA
TDG 4.875 05/01/29	817.84 k	840.00 k principal	0.43	Debt	Long	USA
OPCH Option Care Health, Inc.	807.60 k	850.00 k principal	0.43	Debt	Long	USA
HBGCN 7.375 01/31/32 144A	786.84 k	762.00 k principal	0.42	Debt	Long	USA
VENLNG V9 PERP	761.24 k	751.00 k principal	0.40	Debt	Long	USA
STENOR 7.375 06/01/31 144A	758.11 k	730.00 k principal	0.40	Debt	Long	USA
TEINEN 6.875 04/15/29 144A	748.24 k	760.00 k principal	0.40	Debt	Long	Canada
SHEARE 7.875 03/01/31 144A	710.78 k	670.00 k principal	0.38	Debt	Long	USA
TRUK 6.25 02/01/29 144A	695.88 k	800.00 k principal	0.37	Debt	Long	USA
LABL 6.75 07/15/26 144A	679.44 k	680.00 k principal	0.36	Debt	Long	USA
HBGCN 7.25 06/15/30 144A	657.43 k	631.00 k principal	0.35	Debt	Long	USA
CALCOL 7.625 01/30/32 144A	653.17 k	620.00 k principal	0.35	Debt	Long	USA
ATHENA 6.5 02/15/30 144A	650.32 k	677.00 k principal	0.35	Debt	Long	USA
BWY 7.875 04/15/27 144A	623.01 k	603.00 k principal	0.33	Debt	Long	USA
NAVCOR 8.5 03/15/30 144A	588.45 k	550.00 k principal	0.31	Debt	Long	Canada
ATHENA 6.5 02/15/30 144A	585.96 k	610.00 k principal	0.31	Debt	Long	USA
IPLPCN 6 09/15/28 144A	575.08 k	580.00 k principal	0.31	Debt	Long	Canada
BYD Boyd Gaming Corporation	563.36 k	590.00 k principal	0.30	Debt	Long	USA
Asurion Second-lien Term Loan 525 2029-01-01	553.31 k	600.00 k principal	0.29	Loan	Long	USA
SBPLLC 6.375 09/30/26 144A	528.01 k	530.00 k principal	0.28	Debt	Long	USA
ULTI 6.875 02/01/31 144A	512.52 k	496.00 k principal	0.27	Debt	Long	USA
GTLS Chart Industries, Inc.	512.26 k	470.00 k principal	0.27	Debt	Long	USA
TIHLLC 7.125 06/01/31 144A	508.72 k	485.00 k principal	0.27	Debt	Long	USA
USFOOD 7.25 01/15/32 144A	508.01 k	480.00 k principal	0.27	Debt	Long	USA
TIBX 8.25 06/30/32 144A	499.65 k	478.00 k principal	0.27	Debt	Long	USA
VENLNG 9.5 02/01/29 144A	499.04 k	443.00 k principal	0.27	Debt	Long	USA
TDG 6.625 03/01/32 144A	496.72 k	477.00 k principal	0.26	Debt	Long	USA
TIBX 9 09/30/29 144A	487.44 k	479.00 k principal	0.26	Debt	Long	USA
TDG 6.625 03/01/32 144A	479.02 k	460.00 k principal	0.25	Debt	Long	USA
CHTR 4.25 01/15/34 144A	475.75 k	580.00 k principal	0.25	Debt	Long	USA
FOCS 6.75 09/15/31 144A	474.49 k	470.00 k principal	0.25	Debt	Long	USA
FORGTL 7.375 08/15/26 XR	468.57 k	470.00 k principal	0.25	Debt	Long	Italy
TIBX TIBCO Software Inc	438.78 k	441.00 k principal	0.23	Debt	Long	USA
Cotiviti Inc Fixed-rate Loan 2031-02-12	436.14 k	434.51 k principal	0.23	Loan	Long	USA
WHTCAP 6.875 10/15/28 144A	412.81 k	409.00 k principal	0.22	Debt	Long	USA
TDG 6.375 03/01/29 144A	407.53 k	395.00 k principal	0.22	Debt	Long	USA
FYBR 8.75 05/15/30 144A	407.08 k	382.00 k principal	0.22	Debt	Long	USA
VENLNG 9.875 02/01/32 144A	405.59 k	365.00 k principal	0.22	Debt	Long	USA
EMECLI 6.625 12/15/30 144A	404.19 k	392.00 k principal	0.21	Debt	Long	USA
THYELE 7.625 07/15/28 144A	402.55 k	400.00 k principal	0.21	Debt	Long	Germany
SVC Service Properties Trust	402.36 k	370.00 k principal	0.21	Debt	Long	USA
EMECLI 6.625 12/15/30 144A	402.13 k	390.00 k principal	0.21	Debt	Long	USA
TDG 5.5 11/15/27	398.63 k	400.00 k principal	0.21	Debt	Long	USA
HWDGRP 7.25 02/15/31 144A	398.46 k	384.00 k principal	0.21	Debt	Long	UK
AMPBEV 3.25 09/01/28 144A	393.61 k	430.00 k principal	0.21	Debt	Long	Ireland
SSP 5.375 01/15/31 144A	391.72 k	680.00 k principal	0.21	Debt	Long	USA
WYNMAC 5.625 08/26/28 144A	388.36 k	400.00 k principal	0.21	Debt	Long	Cayman Islands
LVLT 10.5 05/15/30 144A	382.07 k	355.00 k principal	0.20	Debt	Long	USA
CCL Carnival Corporation & plc	379.78 k	375.00 k principal	0.20	Debt	Long	Panama
UNIT 10.5 02/15/28 144A	378.93 k	355.00 k principal	0.20	Debt	Long	USA
BRANDI 10.375 08/01/30 144A	363.02 k	339.00 k principal	0.19	Debt	Long	USA
PETSAF 6.75 07/15/25 144A	359.88 k	360.00 k principal	0.19	Debt	Long	USA
CHTR 4.5 06/01/33 144A	356.68 k	420.00 k principal	0.19	Debt	Long	USA
TIBX 9 09/30/29 144A	356.16 k	350.00 k principal	0.19	Debt	Long	USA
CHTR 4.5 05/01/32	354.51 k	410.00 k principal	0.19	Debt	Long	USA
CHTR 4.75 02/01/32 144A	352.51 k	400.00 k principal	0.19	Debt	Long	USA
CCO Clear Channel Outdoor Holdings, Inc.	350.83 k	330.00 k principal	0.19	Debt	Long	USA
CCL 10.375 05/01/28 144A	348.54 k	323.00 k principal	0.19	Debt	Long	Bermuda
SQ Block, Inc.	337.39 k	324.00 k principal	0.18	Debt	Long	USA
TDG 6 01/15/33 144A	335.69 k	331.00 k principal	0.18	Debt	Long	USA
UNSEAM 7.875 02/15/31 144A	331.98 k	325.00 k principal	0.18	Debt	Long	USA
GRA 5.625 08/15/29 144A	330.66 k	352.00 k principal	0.18	Debt	Long	USA
LVLT 11 11/15/29 144A	309.85 k	279.76 k principal	0.16	Debt	Long	USA
ASSPAR 7.5 02/15/32 144A	308.33 k	300.00 k principal	0.16	Debt	Long	USA
WASPRO 5.5 02/15/26 144A	297.51 k	299.00 k principal	0.16	Debt	Long	USA
TDG 6.875 12/15/30 144A	293.21 k	280.00 k principal	0.16	Debt	Long	USA
IM 4.75 05/15/29 144A	292.73 k	300.00 k principal	0.16	Debt	Long	USA
ALIANT 6.75 10/15/27 144A	291.90 k	293.00 k principal	0.16	Debt	Long	USA
CSCHLD 4.5 11/15/31 144a	291.20 k	400.00 k principal	0.15	Debt	Long	USA
UNSEAM 6 06/01/29 144A	290.44 k	325.00 k principal	0.15	Debt	Long	USA
Zayo Group Holdings, Inc.	288.01 k	322.00 k principal	0.15	Debt	Long	USA
WFRD 8.625 04/30/30 144A	286.56 k	275.00 k principal	0.15	Debt	Long	Bermuda
athenahealth Term Loan B 350 2029-01-16	284.08 k	286.16 k principal	0.15	Loan	Long	USA
NGL 8.375 02/15/32 144A	282.37 k	274.00 k principal	0.15	Debt	Long	USA
FTAI 7 05/01/31 144A	281.42 k	267.00 k principal	0.15	Debt	Long	Cayman Islands
MHED 8 08/01/29 144A	281.00 k	280.00 k principal	0.15	Debt	Long	USA
SFRFP 5.5 01/15/28 144a	269.05 k	370.00 k principal	0.14	Debt	Long	France
ALIANT 7 01/15/31 144A	266.15 k	259.00 k principal	0.14	Debt	Long	USA
SMYREA 8.875 11/15/31 144A	264.28 k	245.00 k principal	0.14	Debt	Long	USA
MEDIND 5.25 10/01/29 144A	260.99 k	266.00 k principal	0.14	Debt	Long	USA
BLKCQP 5.5 06/15/31	259.92 k	265.00 k principal	0.14	Debt	Long	USA
SIX 6.625 05/01/32 144A	258.90 k	250.00 k principal	0.14	Debt	Long	USA
HLT 4 05/01/31 144A	257.14 k	275.00 k principal	0.14	Debt	Long	USA
CHTR 4.5 06/01/33 144A	254.77 k	300.00 k principal	0.14	Debt	Long	USA
BCULC 4 10/15/30 144A	253.59 k	275.00 k principal	0.13	Debt	Long	Canada
ARNC 11.5 10/01/31 144A	252.04 k	223.00 k principal	0.13	Debt	Long	USA
AMEPIP 10.25 10/15/28 144A	251.06 k	240.00 k principal	0.13	Debt	Long	USA
NCLH 5.875 03/15/26 144A	250.02 k	250.00 k principal	0.13	Debt	Long	Bermuda
AMPBEV 4 09/01/29 144A	249.93 k	280.00 k principal	0.13	Debt	Long	Ireland
BLCO Bausch + Lomb Corporation	248.51 k	235.00 k principal	0.13	Debt	Long	Canada
FOUR 6.75 08/15/32 144A	243.26 k	233.00 k principal	0.13	Debt	Long	USA
Northern Institutional Funds GOVT PTFL	243.08 k	243.08 k shares	0.13	Short-term investment vehicle	Long	USA
VAL 8.375 04/30/30 144A	241.02 k	234.00 k principal	0.13	Debt	Long	Bermuda
RHP 6.5 04/01/32 144A	237.69 k	230.00 k principal	0.13	Debt	Long	USA
RCL 5.625 09/30/31 144A	236.06 k	233.00 k principal	0.13	Debt	Long	Liberia
CSTM 3.75 04/15/29 144A	233.46 k	250.00 k principal	0.12	Debt	Long	France
LVLT 10.5 04/15/29 144A	233.27 k	214.00 k principal	0.12	Debt	Long	USA
NOG Northern Oil and Gas, Inc.	229.65 k	228.00 k principal	0.12	Debt	Long	USA
CLGX Corelogic, Inc.	228.40 k	242.00 k principal	0.12	Debt	Long	USA
CHTR 6.375 09/01/29 144A	225.27 k	225.00 k principal	0.12	Debt	Long	USA
BCS Barclays PLC	225.18 k	200.00 k principal	0.12	Debt	Long	UK
CYH 5.625 03/15/27 144A	221.42 k	225.00 k principal	0.12	Debt	Long	USA
NOVHOL 8.75 04/15/30 144A	221.37 k	218.00 k principal	0.12	Debt	Long	USA
HWDGRP 8.125 02/15/32 144A	218.96 k	213.00 k principal	0.12	Debt	Long	UK
SSNC 6.5 06/01/32 144A	217.10 k	210.00 k principal	0.12	Debt	Long	USA
DISH DISH Network CORP	216.20 k	206.00 k principal	0.11	Debt	Long	USA
HUSKYI 9 02/15/29 144A	216.01 k	207.00 k principal	0.11	Debt	Long	Canada
OPTICS 7.2 07/18/36 144A	215.23 k	200.00 k principal	0.11	Debt	Long	Italy
CVNA Carvana Co.	214.73 k	182.30 k principal	0.11	Debt	Long	USA
WRLDPY 7.5 01/15/31 144A	214.61 k	200.00 k principal	0.11	Debt	Long	USA
CLEAR CHANNEL INT TL	214.38 k	216.00 k principal	0.11	Debt	Long	USA
CHTR 7.375 03/01/31 144A	213.99 k	209.00 k principal	0.11	Debt	Long	USA
SOLEIN 9.75 11/15/28 144A	213.45 k	200.00 k principal	0.11	Debt	Long	USA
ILDFP 6.5 10/15/26 144A	213.30 k	211.00 k principal	0.11	Debt	Long	France
HMPT Home Point Capital Inc	212.96 k	214.00 k principal	0.11	Debt	Long	USA
TRUIST INSURANCE TL	212.67 k	209.53 k principal	0.11	Debt	Long	USA
FM First Quantum Minerals Ltd	211.99 k	200.00 k principal	0.11	Debt	Long	Canada
VENLNG 8.375 06/01/31 144A	209.07 k	198.00 k principal	0.11	Debt	Long	USA
ALTICE 5.75 08/15/29 144a	208.95 k	260.00 k principal	0.11	Debt	Long	Luxembourg
SOLEIN 7.25 06/15/31 144A	208.12 k	200.00 k principal	0.11	Debt	Long	USA
ARDGRP 7.75 02/15/31 144A	206.74 k	200.00 k principal	0.11	Debt	Long	Jersey
ARDGRP 8.875 02/15/32 144A	206.70 k	200.00 k principal	0.11	Debt	Long	Jersey
SYNH 9 10/01/30 144A	206.13 k	192.00 k principal	0.11	Debt	Long	USA
CZR Caesars Entertainment, Inc.	205.85 k	199.00 k principal	0.11	Debt	Long	USA
CHBANI 7.625 07/01/29 144A	205.82 k	196.00 k principal	0.11	Debt	Long	USA
HNDLIN 3.875 08/15/31 144A	203.86 k	223.00 k principal	0.11	Debt	Long	USA
LTH 8 04/15/26 144A	201.86 k	200.00 k principal	0.11	Debt	Long	USA
AA 5.5 12/15/27 144A	200.75 k	200.00 k principal	0.11	Debt	Long	Netherlands
BORRNO 10 11/15/28 144A	199.91 k	192.68 k principal	0.11	Debt	Long	Bermuda
NGD New Gold Inc.	199.87 k	196.00 k principal	0.11	Debt	Long	Canada
CONCEN 6.875 07/15/32 144A	199.79 k	190.00 k principal	0.11	Debt	Long	USA
FORGTL 7.375 08/15/26 XR	199.39 k	200.00 k principal	0.11	Debt	Long	Italy
TIBX TIBCO Software Inc	198.99 k	200.00 k principal	0.11	Debt	Long	USA
OUT 5 08/15/27 144A	198.86 k	200.00 k principal	0.11	Debt	Long	USA
HILCRP 8.375 11/01/33 144A	198.37 k	184.00 k principal	0.11	Debt	Long	USA
THYELE 5.25 07/15/27 144A	197.84 k	200.00 k principal	0.11	Debt	Long	USA
CLVTSC 3.875 07/01/28 144A	197.69 k	206.00 k principal	0.11	Debt	Long	USA
HEXWIN 5.375 10/31/26 144A	197.00 k	200.00 k principal	0.10	Debt	Long	Mauritius
CRK Comstock Resources, Inc.	196.37 k	210.00 k principal	0.10	Debt	Long	USA
VST Vistra Corp.	194.97 k	191.00 k principal	0.10	Debt	Long	USA
KALU Kaiser Aluminum Corporation	193.96 k	212.00 k principal	0.10	Debt	Long	USA
ISATLN 9 09/15/29 144A	193.55 k	200.00 k principal	0.10	Debt	Long	Luxembourg
SOLEIN 6.25 10/01/29 144A	193.52 k	200.00 k principal	0.10	Debt	Long	USA
CSCHLD 11.75 01/31/29 144A	193.32 k	200.00 k principal	0.10	Debt	Long	USA
CSCHLD 11.25 05/15/28 144A	193.06 k	200.00 k principal	0.10	Debt	Long	USA
CYH 10.875 01/15/32 144A	192.85 k	175.00 k principal	0.10	Debt	Long	USA
IRM 5 07/15/32 144A	192.77 k	200.00 k principal	0.10	Debt	Long	USA
RIG 8.5 05/15/31 144A	192.77 k	194.00 k principal	0.10	Debt	Long	Cayman Islands
BID Sotheby's	192.49 k	200.00 k principal	0.10	Debt	Long	USA
CHDN 5.75 04/01/30 144A	192.21 k	192.00 k principal	0.10	Debt	Long	USA
ATHENA 6.5 02/15/30 144A	192.12 k	200.00 k principal	0.10	Debt	Long	USA
SCI Service Corporation International	191.24 k	190.00 k principal	0.10	Debt	Long	USA
ST 4 04/15/29 144A	190.66 k	200.00 k principal	0.10	Debt	Long	Netherlands
UPCB 4.875 07/15/31 144A	189.24 k	200.00 k principal	0.10	Debt	Long	Netherlands
SURCEN 7.25 04/15/32 144A	188.92 k	181.00 k principal	0.10	Debt	Long	USA
OGN 5.125 04/30/31 144A	188.42 k	200.00 k principal	0.10	Debt	Long	USA
BBDBCN 8.75 11/15/30 144A	187.77 k	171.00 k principal	0.10	Debt	Long	Canada
MPEL 5.375 12/04/29 144A	186.84 k	200.00 k principal	0.10	Debt	Long	Cayman Islands
UNIT 10.5 02/15/28 144A	186.80 k	175.00 k principal	0.10	Debt	Long	USA
AHOMES 9.25 10/15/28 144A	186.71 k	175.00 k principal	0.10	Debt	Long	USA
CALCOL 7.625 01/30/32 144A	185.42 k	176.00 k principal	0.10	Debt	Long	USA
Legacy Lifepoint Health, Inc.	185.06 k	164.00 k principal	0.10	Debt	Long	USA
CYH 5.25 05/15/30 144A	184.98 k	201.00 k principal	0.10	Debt	Long	USA
BLDR Builders FirstSource, Inc.	184.86 k	200.00 k principal	0.10	Debt	Long	USA
IMPPAP 7.625 05/01/27 144A	184.59 k	184.00 k principal	0.10	Debt	Long	USA
RCL 6 02/01/33 144A	183.51 k	179.00 k principal	0.10	Debt	Long	Liberia
ALIANT 7.375 10/01/32 144A	183.51 k	181.00 k principal	0.10	Debt	Long	USA
ILOGIC 5 05/01/28 144A	183.18 k	200.00 k principal	0.10	Debt	Long	USA
CCO Clear Channel Outdoor Holdings, Inc.	181.73 k	211.00 k principal	0.10	Debt	Long	USA
ARGID 4.125 08/15/26 144A	180.29 k	200.00 k principal	0.10	Debt	Long	Ireland
CCO Clear Channel Outdoor Holdings, Inc.	179.86 k	172.00 k principal	0.10	Debt	Long	USA
COIN Coinbase Global, Inc.	179.69 k	200.00 k principal	0.10	Debt	Long	USA
BCS Barclays PLC	179.01 k	200.00 k principal	0.10	Debt	Long	UK
Zayo Group Term Loan B 300 2027-02-01	178.34 k	195.57 k principal	0.09	Loan	Long	USA
ISPIM V4.198 06/01/32	178.25 k	200.00 k principal	0.09	Debt	Long	Italy
VMED 4.75 07/15/31 144A	178.01 k	200.00 k principal	0.09	Debt	Long	UK
CCL Carnival Corporation & plc	177.31 k	175.00 k principal	0.09	Debt	Long	Panama
CCL Carnival Corporation & plc	176.62 k	175.00 k principal	0.09	Debt	Long	Panama