North Star Dividend Fund Quote
| NSDVX Fund | USD 21.98 0.10 0.46% |
Performance5 of 100
| Odds Of DistressLess than 20
|
North Star is trading at 21.98 as of the 4th of May 2024; that is 0.46% increase since the beginning of the trading day. The fund's open price was 21.88. North Star has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for North Star Dividend are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of April 2024 and ending today, the 4th of May 2024. Click here to learn more.
The fund seeks to achieve its investment objective by investing at least 80 percent of its net assets in a diversified portfolio of dividend paying securities. In general, it invests within a potentially wide range of net exposures of companies that pay dividends, meaning that normally the adviser expects to invest approximately 80 percent to 100 percent of its net assets in net long positions in securities that the adviser deems to be underpriced. More on North Star Dividend
Moving together with North Mutual Fund
| 0.68 | NSBDX | North Star Bond | PairCorr |
| 0.88 | NSMVX | North Star Micro | PairCorr |
| 0.8 | NSOIX | North Star Opportunity | PairCorr |
| 0.8 | NSOPX | North Star Opportunity | PairCorr |
| 0.73 | VSIIX | Vanguard Small Cap | PairCorr |
| 0.77 | VISVX | Vanguard Small Cap | PairCorr |
North Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. North Star's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding North Star or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | North Star Funds, Large Funds, Small Value Funds, Small Value, North Star (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 31st of March 2023 |
| Fiscal Year End | November |
North Star Dividend [NSDVX] is traded in USA and was established 4th of May 2024. North Star is listed under North Star category by Fama And French industry classification. The fund is listed under Small Value category and is part of North Star family. This fund now has accumulated 83.57 M in assets with minimum initial investment of 5 K. North Star Dividend is currently producing year-to-date (YTD) return of 1.79% with the current yeild of 0.02%, while the total return for the last 3 years was -0.33%.
Check North Star Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on North Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding North Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as North Star Dividend Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top North Star Dividend Mutual Fund Constituents
| PETS | PetMed Express | Stock | Consumer Discretionary |
| CNSL | Consolidated Communications | Stock | Communication Services |
| GWRS | Global Water Resources | Stock | Utilities |
| WHG | Westwood Holdings Group | Stock | Financials |
| RGCO | RGC Resources | Stock | Utilities |
| RCKY | Rocky Brands | Stock | Consumer Discretionary |
| PLOW | Douglas Dynamics | Stock | Industrials |
North Star Target Price Odds Analysis
Based on a normal probability distribution, the odds of North Star jumping above the current price in 90 days from now is about 16.69%. The North Star Dividend probability density function shows the probability of North Star mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon North Star Dividend has a beta of -0.1276. This indicates as returns on the benchmark increase, returns on holding North Star are expected to decrease at a much lower rate. During a bear market, however, North Star Dividend is likely to outperform the market. Additionally, north Star Dividend has an alpha of 0.0173, implying that it can generate a 0.0173 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of North Star to move above the current price in 90 days from now is about 16.69 (This North Star Dividend probability density function shows the probability of North Mutual Fund to fall within a particular range of prices over 90 days) .
North Star Dividend Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. North Star market risk premium is the additional return an investor will receive from holding North Star long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in North Star. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although North Star's alpha and beta are two of the key measurements used to evaluate North Star's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7271 | |||
| Semi Deviation | 1.04 | |||
| Standard Deviation | 0.9581 | |||
| Variance | 0.918 |
North Star Against Markets
Picking the right benchmark for North Star mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in North Star mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for North Star is critical whether you are bullish or bearish towards North Star Dividend at a given time. Please also check how North Star's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in North Star without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy North Mutual Fund?
Before investing in North Star, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in North Star. To buy North Star fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of North Star. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase North Star fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located North Star Dividend fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased North Star Dividend fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as North Star Dividend, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in North Star Dividend?
The danger of trading North Star Dividend is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of North Star is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than North Star. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile North Star Dividend is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North Star Dividend. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.