NTPXX Mutual Fund — Northern Institutional Treasury Portfolio Premier Shares

Northern Institutional Treasury Portfolio Premier Shares (NTPXX)

Updated October 14, 2026.

NTPXX is a Mutual Fund. its distribution rate is 3.66%, its trailing-12-month yield is 3.29%, its expense ratio is 0.21%. Total return is 11.4% over the past 4 years, 107.0 points behind SPY at 118.4%.

Northern Trust's institutional Treasury mutual fund invests in U.S. Treasury securities and aims to provide current income with minimal credit risk. The fund distributes income monthly at a current moderate distribution rate and carries no published expense ratio, making it accessible to institutional investors seeking stable Treasury-backed returns.

NTPXX performance versus SPY

Price and return data through 2026-10-14.

Total return is 11.4% over the past 4 years, 107.0 points behind SPY at 118.4%. Over the past year its total return — price change plus distributions reinvested — is 0.0%.

NTPXX key facts

Issuer

Northern Trust

Asset type

Mutual Fund

Asset class

Fixed Income

Expense ratio

0.21%

Distribution rate

3.66%

Distribution frequency

Monthly

Trailing yield

3.29%

Last close

$1.00 (stale; as of 2026-10-14)

NAV

$1.00 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-14, NAV 2026-09-30) (NAV stale)

AUM

$63,922,647,040

Average volume

0.0

Dividend

$0.003

Ex-dividend date

08/31/2026

Payment date

08/31/2026

How Dividend Vision calculates yield and returns

Distribution rate (3.66%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.29%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Northern Trust; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

NTPXX risks and drawbacks

NTPXX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window.

Who may consider NTPXX — and who may not

NTPXX may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on NTPXX

• All tickers starting with N

Tagged: Mutual Fund, Treasury.

Frequently asked questions

More securities from Northern Trust.