SWSFX — Ultra-Short Fixed Income Fund
Data updated: 2026-08-28
SWSFX — Ultra-Short Fixed Income Fund. Leveraged · $1.82B AUM · 0.26% expense ratio · 4.3% 1-yr return. Holdings, fees, performance and SEC filings.
SWSFX Fund Overview
SWSFX — Ultra-Short Fixed Income Fund is a US mutual fund managed by Northern Funds, categorised as Leveraged. 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: Leveraged
- Assets under management: $1.82B
- 1-year return: 4.3%
- Ticker: SWSFX
- SEC CIK: 0000916620
- SEC series ID: S000025872
- Share class ID: C000232975
SWSFX Holdings
Top 10 holdings of Ultra-Short Fixed Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Walt Disney Co/the Frn | 2.29% |
| Bank Of America Corp. Frn | 1.89% |
| Ni US Gov T Portfolio | 1.85% |
| United States Tsy. 3.50% | 1.64% |
| Natwest Markets PLC Frn | 1.54% |
| Abbott Laboratories Frn | 1.48% |
| Mizuho Financial Gro Frn | 1.40% |
| Ingersoll Rand, Inc. 5.197% | 1.39% |
| Glencore Fndg. LLC Frn | 1.18% |
| Citigroup, Inc. Frn | 1.16% |
SWSFX Portfolio Allocation
Asset-class allocation of Ultra-Short Fixed Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 86.5% |
| Securitized | 12.6% |
| Cash & Equivalents | 2.8% |
SWSFX Performance
Total returns for SWSFX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.7% |
| 1 year | 4.3% |
| 3 years (annualised) | 5.4% |
SWSFX Risk Information
Risk metrics for SWSFX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 0.5%
SWSFX Costs and Fees
SWSFX costs about $26 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.26%
- Gross expense ratio: 0.29%
- Portfolio turnover: 59%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
SWSFX Cashflows
Over the 12 months to 2026-06, Ultra-Short Fixed Income Fund had net outflows of $6.27M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$91.32M |
| 2026-05 | −$80.80M |
| 2026-04 | $337.05M |
| 2026-03 | −$19.20M |
| 2026-02 | $69.17M |
| 2026-01 | −$95.47M |
SWSFX Debt Constituents
Largest debt holdings of Ultra-Short Fixed Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Walt Disney Co/the Frn | 2.29% |
| Bank Of America Corp. Frn | 1.89% |
| United States Tsy. 3.50% | 1.64% |
| Natwest Markets PLC Frn | 1.54% |
| Abbott Laboratories Frn | 1.48% |
| Mizuho Financial Gro Frn | 1.40% |
| Ingersoll Rand, Inc. 5.197% | 1.39% |
| Glencore Fndg. LLC Frn | 1.18% |
| Citigroup, Inc. Frn | 1.16% |
| Bank Of New Zealand Frn | 1.16% |
SWSFX Prospectus and SEC Filings
Official Ultra-Short Fixed Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-07-29
- Prospectus (485BPOS) — filed 2024-07-26
- Prospectus supplement (497) — filed 2026-08-05
- Portfolio holdings (N-PORT) — filed 2026-08-28
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-06-10
- Annual census (N-CEN) — filed 2025-06-12
Related Funds
Other Leveraged 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.