SWSXX — Northern Institutional Treasury Portfolio
Data updated: 2026-05-05
SWSXX — Northern Institutional Treasury Portfolio. Money Market · 0.15% expense ratio. Holdings, fees, performance and SEC filings.
SWSXX Fund Overview
SWSXX — Northern Institutional Treasury Portfolio is a US mutual fund managed by Northern Institutional 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 Institutional Funds
- Category: Money Market
- Ticker: SWSXX
- SEC CIK: 0000710124
- SEC series ID: S000023949
- Share class ID: C000232976
SWSXX Investment Objective and Strategy
Northern Institutional Treasury Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Northern Institutional Funds.
Investment objective
The Portfolio seeks to maximize current income to the extent consistent with the preservation of capital and maintenance of liquidity by investing its net assets, under normal market conditions, exclusively in U.S. Treasury securities and related repurchase agreements and other securities that limit their investments to, or are backed by, U.S. Treasury securities.
Principal investment strategy
The Portfolio seeks to achieve its objective by investing, under normal circumstances, its total assets exclusively in: ? Cash; ? Short-term bills, notes, including floating rate notes, and other obligations issued or guaranteed by the U.S. Treasury (Treasury Obligations); and ? Repurchase agreements collateralized fully by cash or Treasury Obligations. The Portfolio, under normal circumstances, will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in Treasury Obligations and repurchase agreements collateralized solely by Treasury Obligations. Repurchase agreements are agreements in which the Portfolio agrees to purchase portfolio securities from financial institutions subject to the sellers agreement to repurchase them at a mutually agreed upon date and price.
The Portfolio 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 Portfolio (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 on Portfolio redemptions that might apply to other types of money market funds. The Portfolio may invest in shares of other government money market funds. The Securities and Exchange Commission (SEC) imposes strict requirements on the investment quality, maturity, diversification and liquidity of the Portfolios investments. Accordingly, the Portfolio invests in U.S. dollar-denominated securities with a remaining maturity of no more than 397 days (with certain exceptions permitted by applicable regulations).
The Portfolio maintains a dollar-weighted average portfolio maturity of no more than 60 calendar days, and a dollar-weighted average portfolio maturity as determined without exceptions regarding certain interest rate adjustments under Rule 2a-7 of no more than 120 calendar days. The Portfolio will limit its investments to eligible securities, as defined by applicable regulations, at the time of acquisition (e.g., government securities, shares of other money market funds, and securities that present minimal credit risks as determined by NTI, pursuant to guidelines approved by the Portfolios Board of Trustees). The Portfolio may invest in variable and floating rate instruments. The Portfolios investment adviser may consider, among other things, credit and interest rate risks as well as general market conditions when deciding whether to buy or sell investments for the Portfolio.
The Portfolio will generally hold a portion of its assets in cash to accommodate anticipated redemptions.
SWSXX Holdings
Top 10 holdings of Northern Institutional Treasury Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fixed Income Clearing Corp.-State Street | 7.41% |
| Fixed Income Clearing Corp.-Bank Of New York Mellon | 7.24% |
| Jp Morgan Securities LLC | 6.19% |
| Fixed Income Clearing Corp.-Barclays Bank PLC | 4.66% |
| United States Treasury | 2.99% |
| Goldman Sachs & Co. LLC | 2.40% |
| United States Treasury | 2.39% |
| Canadian Imperial Bank Of Commerce | 2.35% |
| Societe Generale SA | 2.35% |
| United States Treasury | 2.34% |
SWSXX Costs and Fees
SWSXX costs about $15 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.15%
- Gross expense ratio: 0.15%
SWSXX Debt Constituents
No individual debt constituents are reported in Northern Institutional Treasury Portfolio's latest SEC N-PORT filing.
SWSXX Prospectus and SEC Filings
Official Northern Institutional Treasury Portfolio 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.