Adam M. Shane, CFA
Portfolio Manager
Biography
About Adam
Adam Shane is the head of municipal bond portfolio management at Northern Trust Asset Management. He co-manages numerous tax exempt fixed income funds.
Previously at NTAM, Adam was director of high yield municipal fixed income and director of fixed income research. He led a team of corporate, financial, municipal, and sovereign analysts in Chicago, London, and Bangalore, providing fundamental credit research in support of NTAM's fixed income capabilities.
Prior to joining Northern Trust in 2010, Adam was a senior research analyst at Nuveen Investments.
Adam earned an MBA in accounting and finance from the University of Chicago and a bachelor’s in history from Williams College. He is a CFA® charterholder, a member of the CFA Society Chicago, the CFA Institute, the Chicago Municipal Analysts Society and the National Federation of Municipal Analysts.
Funds Managed
Arizona Tax-Exempt Fund
The Fund seeks to generate tax-exempt income by investing primarily in municipal securities that are exempt from federal income tax and Arizona personal income tax.
California Intermediate Tax-Exempt Fund
The Fund seeks to generate tax-exempt income by investing primarily in intermediate-term municipal securities that are exempt from federal income tax and California personal income tax.
California Tax-Exempt Fund
The Fund seeks to generate tax-exempt income by investing primarily in municipal securities that are exempt from federal income tax and California personal income tax.
High Yield Municipal Fund
The Fund seeks a high level of current income that is exempt from federal income tax by investing in high yielding municipal securities while managing portfolio risk.
Intermediate Tax-Exempt
The Fund seeks to produce conservative current income that is exempt from federal income tax by investing in a broad range of high-quality municipal securities while managing portfolio risk.
Limited Term Tax-Exempt Fund
The Fund seeks to primarily invest in high-quality, investment-grade municipal securities with an average maturity between one and six years. The Fund selects investments based on their relative value with a focus on total return.
Tax-Advantaged Ultra-Short Fixed Income Fund
The Fund seeks to provide greater after-tax yield than a money market fund, with potential for capital appreciation by investing in both taxable and tax-exempt investment grade securities.
Tax-Exempt Fund
The Fund seeks to provide a high level of current income by investing in a broad range of long-term investment-grade municipal securities.
View investment term definitions
Please carefully read the prospectus and summary prospectus and consider the investment objectives, risks, charges and expenses of Northern Funds carefully before investing. Call 800-595-9111 to obtain a prospectus and summary prospectus, which contains this and other information about the funds. You can also visit the fund pages Northern Arizona Tax-Exempt Fund (NOAZX), Northern California Intermediate Tax-Exempt Fund (NCITX), Northern California Tax-Exempt Fund (NCATX), Northern High Yield Municipal Fund (NHYMX), Intermediate Tax-Exempt Fund (NOITX), Northern Limited Term Tax-Exempt Fund (NSITX), Northern Tax-Advantaged Ultra Short Fixed Income Fund (NTAUX) and Northern Tax-Exempt Fund (NOTEX) for more information.
Investing involves risk. Principal loss is possible.
Not FDIC insured | May lose value | No bank guarantee
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