# Multi-Manager High Yield Opportunity Fund

Multi-Manager High Yield Opportunity Fund is a registered fund series of Northern Funds (series S000026479). Net assets $142.4M as of 2026-03-31.

## Profile

- Series ID: S000026479
- Registrant: Northern Funds
- LEI: 549300W91OOQT3W5JK84
- Net assets: $142.4M
- Total assets: $143.6M
- As of: 2026-03-31

## Advisers

- [Northern Trust Investments, Inc. (Advisor)](https://search.stillhousedata.com/firm/105780)
- [Polen Capital Credit, LLC (Subadvisor)](https://search.stillhousedata.com/firm/108468)
- [BlackRock Investment Management, LLC (Subadvisor)](https://search.stillhousedata.com/firm/108928)
- [Nomura Corporate Research and Asset Management Inc. (Subadvisor)](https://search.stillhousedata.com/firm/110411)

## Top holdings (200 reported)

_Showing 15 of 200 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [REAALL CMN STOCK CMN STO](https://search.stillhousedata.com/security/749999249) | — | $3.5M | 247.33% |
| [Northern Institutional Liquid Asset Portfolio](https://search.stillhousedata.com/security/665279105) | — | $3.1M | 214.98% |
| [Northern Institutional Liquid Asset Portfolio](https://search.stillhousedata.com/security/665279105) | — | $2.9M | 204.34% |
| [Northern Institutional Liquid Asset Portfolio](https://search.stillhousedata.com/security/665279105) | — | $2.5M | 178.42% |
| [SPECIALTY STL HOL 0.00%](https://search.stillhousedata.com/security/84752HAE6) | — | $2.5M | 174.87% |
| [NI US GOV T PORTFOLIO](https://search.stillhousedata.com/security/665278404) | — | $2.0M | 138.76% |
| [BAFFINLAND IRON MIN 8.75%](https://search.stillhousedata.com/security/056623AA9) | — | $1.5M | 101.98% |
| [NI US GOV T PORTFOLIO](https://search.stillhousedata.com/security/665278404) | — | $1.4M | 100.89% |
| [NI US GOV T PORTFOLIO](https://search.stillhousedata.com/security/665278404) | — | $1.2M | 84.40% |
| [NI US GOV T PORTFOLIO](https://search.stillhousedata.com/security/665278404) | — | $1.0M | 73.35% |
| [BEIGNET INVSTR. LL 6.581%](https://search.stillhousedata.com/security/076912AA2) | — | $902K | 63.32% |
| [DORNOCH DEBT MERGE 6.625%](https://search.stillhousedata.com/security/25830JAA9) | — | $800K | 56.18% |
| [HUB INTL. LTD 7.375%](https://search.stillhousedata.com/security/44332PAJ0) | — | $714K | 50.14% |
| [1261229 BC LTD 10.00%](https://search.stillhousedata.com/security/68288AAA5) | — | $702K | 49.33% |
| [ATHENAHEALTH GRP. I 6.50%](https://search.stillhousedata.com/security/60337JAA4) | — | $671K | 47.13% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-03-31 | $142.4M |
| 2025-12-31 | $144.9M |
| 2025-09-30 | $150.5M |
| 2025-06-30 | $158.0M |
| 2025-03-31 | $179.2M |
| 2024-12-31 | $181.7M |
| 2024-09-30 | $188.2M |
| 2024-06-28 | $177.9M |

## More

- [Registrant: Northern Funds](https://search.stillhousedata.com/registrant/916620)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000026479.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.