2007 Corporate Dividends Received Deduction
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Mutual fund dividends derived from certain domestic corporations may be eligible for the dividends received deduction (DRD) for corporations. A portion of the ordinary income dividend paid by the Funds listed below in 2007 may qualify for this deduction. The table below shows the portion of the ordinary dividends attributable to such domestic corporations for each of the Funds for 2007.
  

Northern Funds Percentage
Balanced 14.12%
Diversified Growth 28.00%
Equity Index 93.17%
Focused Growth 76.25%
International Equity Index 19.71%
International Growth 10.30%
Small Company Index 54.38%

 

If you have any questions, contact your Relationship Consultant, or call the Northern Institutional Funds Center at 800/637-1380 weekdays from 7:00 a.m. to 7:00 p.m. CT. 

 
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