NOGXX — U.S. Government Money Market Fund
Data updated: 2026-07-29
NOGXX — U.S. Government Money Market Fund. Money Market · 0.25% expense ratio. Holdings, fees, performance and SEC filings.
NOGXX Fund Overview
NOGXX — U.S. Government Money Market Fund is a US mutual fund managed by Northern Funds, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Northern Funds
- Category: Money Market
- Ticker: NOGXX
- SEC CIK: 0000916620
- SEC series ID: S000001266
- Share class ID: C000003412
NOGXX Investment Objective and Strategy
U.S. Government Money Market Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Northern Funds.
Investment objective
The Fund seeks to maximize current income to the extent consistent with the preservation of capital and maintenance of liquidity by investing exclusively in high quality money market instruments.
Principal investment strategy
The Fund seeks to achieve its objective by investing, under normal circumstances, substantially all (and at least 99.5%) of its total assets in cash, securities issued or guaranteed as to principal and interest by the U.S. government or by a person controlled or supervised by and acting as an instrumentality of the U.S. government pursuant to authority granted by the Congress of the United States or any certificate of deposit of any of the foregoing, and repurchase agreements that are fully collateralized by cash or such securities. The Fund, under normal circumstances, will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. government securities and repurchase agreements collateralized solely by U.S. government securities. The Fund operates as a government money market fund under Rule 2a-7 of the Investment Company Act of 1940, as amended.
As a government money market fund under Rule 2a-7, the Fund (1) is permitted to use the amortized cost method of valuation to seek to maintain a stable net asset value (NAV) of $1.00 share price, and (2) is not required to impose a liquidity fee and/or a redemption gate on fund redemptions that might apply to other types of money market funds should certain triggering events specified in Rule 2a-7 occur. The Securities and Exchange Commission (SEC) imposes strict requirements on the investment quality, maturity, diversification and liquidity of the Funds investments. Accordingly, the Funds investments must have a remaining maturity of no more than 397 days and must be high quality. The Funds investment adviser may consider, among other things, credit, interest rate and prepayment risks as well as general market conditions when deciding whether to buy or sell investments for the Fund.
NOGXX Holdings
Top 10 holdings of U.S. Government Money Market Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fixed Income Clearing Corp.-Jp Morgan | 16.56% |
| Fixed Income Clearing Corp.-Barclays Bank PLC | 7.17% |
| Royal Bank Of Canada (new York Branch) | 4.45% |
| Jp Morgan Securities LLC | 3.71% |
| Federal Home Loan Banks | 2.99% |
| Fixed Income Clearing Corp.-Bank Of New York Mellon | 2.97% |
| Canadian Imperial Bank Of Commerce | 2.72% |
| Barclays Bank PLC | 2.72% |
| United States Treasury | 2.18% |
| United States Treasury | 2.00% |
NOGXX Costs and Fees
NOGXX costs about $25 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.25%
- Gross expense ratio: 0.36%
NOGXX Debt Constituents
No individual debt constituents are reported in U.S. Government Money Market Fund's latest SEC N-PORT filing.
NOGXX Prospectus and SEC Filings
Official U.S. Government Money Market Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Money Market funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.