# EDGAR Filing Document

**Accession Number:** 0000916620
**File Stem:** 0001193125-23-072429
**Filing Date:** 2023-3
**Character Count:** 7098
**Document Hash:** 0eaf30db4e8d81d3c784159a604ca74e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-072429.hdr.sgml**: 20230316

**ACCESSION NUMBER**: 0001193125-23-072429

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230316

**DATE AS OF CHANGE**: 20230316

**EFFECTIVENESS DATE**: 20230316

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHERN FUNDS
- **CENTRAL INDEX KEY:** 0000916620
- **IRS NUMBER:** 391777365
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-73404
- **FILM NUMBER:** 23738334

**BUSINESS ADDRESS:**
- **STREET 1:** NORTHERN FUNDS
- **STREET 2:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603
- **BUSINESS PHONE:** 800-595-9111

**MAIL ADDRESS:**
- **STREET 1:** NORTHERN FUNDS
- **STREET 2:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603

## Series and Classes Contracts Data

### NORTHERN ARIZONA TAX-EXEMPT FUND (Series ID: S000001249)

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|  |  |  |
|:---|:---|:---|
| Class Name                       | Ticker Symbol | Class ID   |
| NORTHERN ARIZONA TAX-EXEMPT FUND | NOAZX         | C000003395 |

---

### NORTHERN CALIFORNIA INTERMEDIATE TAX-EXEMPT FUND (Series ID: S000001250)

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|  |  |  |
|:---|:---|:---|
| Class Name                                       | Ticker Symbol | Class ID   |
| NORTHERN CALIFORNIA INTERMEDIATE TAX-EXEMPT FUND | NCITX         | C000003396 |

---

### NORTHERN CALIFORNIA TAX-EXEMPT FUND (Series ID: S000001251)

---

|  |  |  |
|:---|:---|:---|
| Class Name                          | Ticker Symbol | Class ID   |
| NORTHERN CALIFORNIA TAX-EXEMPT FUND | NCATX         | C000003397 |

---

### NORTHERN HIGH YIELD MUNICIPAL FUND (Series ID: S000001257)

---

|  |  |  |
|:---|:---|:---|
| Class Name                         | Ticker Symbol | Class ID   |
| NORTHERN HIGH YIELD MUNICIPAL FUND | NHYMX         | C000003403 |

---

### NORTHERN INTERMEDIATE TAX-EXEMPT FUND (Series ID: S000001258)

---

|  |  |  |
|:---|:---|:---|
| Class Name                            | Ticker Symbol | Class ID   |
| NORTHERN INTERMEDIATE TAX-EXEMPT FUND | NOITX         | C000003404 |

---

### NORTHERN TAX-EXEMPT FUND (Series ID: S000001260)

---

|  |  |  |
|:---|:---|:---|
| Class Name               | Ticker Symbol | Class ID   |
| NORTHERN TAX-EXEMPT FUND | NOTEX         | C000003406 |

---

### NORTHERN LIMITED TERM TAX-EXEMPT FUND (Series ID: S000018524)

---

|  |  |  |
|:---|:---|:---|
| Class Name                            | Ticker Symbol | Class ID   |
| NORTHERN LIMITED TERM TAX-EXEMPT FUND | NSITX         | C000051415 |

---

### NORTHERN TAX-ADVANTAGED ULTRA-SHORT FIXED INCOME FUND (Series ID: S000025873)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                            | Ticker Symbol | Class ID   |
| NORTHERN TAX-ADVANTAGED ULTRA-SHORT FIXED INCOME FUND | NTAUX         | C000077367 |

---

### NORTHERN GLOBAL TACTICAL ASSET ALLOCATION FUND (Series ID: S000033427)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                     | Ticker Symbol | Class ID   |
| NORTHERN GLOBAL TACTICAL ASSET ALLOCATION FUND | BBALX         | C000102783 |

---

## Series and Classes Contracts Data

### NORTHERN ARIZONA TAX-EXEMPT FUND (Series ID: S000001249)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000003395 | NORTHERN ARIZONA TAX-EXEMPT FUND | NOAZX           |

### NORTHERN CALIFORNIA INTERMEDIATE TAX-EXEMPT FUND (Series ID: S000001250)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000003396 | NORTHERN CALIFORNIA INTERMEDIATE TAX-EXEMPT FUND | NCITX           |

### NORTHERN CALIFORNIA TAX-EXEMPT FUND (Series ID: S000001251)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000003397 | NORTHERN CALIFORNIA TAX-EXEMPT FUND | NCATX           |

### NORTHERN HIGH YIELD MUNICIPAL FUND (Series ID: S000001257)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000003403 | NORTHERN HIGH YIELD MUNICIPAL FUND | NHYMX           |

### NORTHERN INTERMEDIATE TAX-EXEMPT FUND (Series ID: S000001258)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000003404 | NORTHERN INTERMEDIATE TAX-EXEMPT FUND | NOITX           |

### NORTHERN TAX-EXEMPT FUND (Series ID: S000001260)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000003406 | NORTHERN TAX-EXEMPT FUND | NOTEX           |

### NORTHERN LIMITED TERM TAX-EXEMPT FUND (Series ID: S000018524)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000051415 | NORTHERN LIMITED TERM TAX-EXEMPT FUND | NSITX           |

### NORTHERN TAX-ADVANTAGED ULTRA-SHORT FIXED INCOME FUND (Series ID: S000025873)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000077367 | NORTHERN TAX-ADVANTAGED ULTRA-SHORT FIXED INCOME FUND | NTAUX           |

### NORTHERN GLOBAL TACTICAL ASSET ALLOCATION FUND (Series ID: S000033427)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000102783 | NORTHERN GLOBAL TACTICAL ASSET ALLOCATION FUND | BBALX           |

**PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION ("SAI") SUPPLEMENT** 

**NORTHERN FUNDS** 

**GLOBAL TACTICAL ASSET ALLOCATION FUND** 

**ARIZONA TAX-EXEMPT FUND** 

**CALIFORNIA INTERMEDIATE TAX-EXEMPT FUND** 

**CALIFORNIA TAX-EXEMPT FUND** 

**HIGH YIELD MUNICIPAL FUND** 

**INTERMEDIATE TAX-EXEMPT FUND** 

**LIMITED TERM TAX-EXEMPT FUND** 

**TAX-ADVANTAGED ULTRA-SHORT FIXED INCOME FUND** 

**TAX-EXEMPT FUND** 

**SUPPLEMENT DATED MARCH 16, 2023** 

**TO THE FUNDS' PROSPECTUS AND SAI DATED JULY 29, 2022, AS SUPPLEMENTED** 

*James D. McDonald is no longer a portfolio manager of the Global Tactical Asset Allocation Fund. Daniel J. Phillips, Christopher Shipley and Timothy Johnson will remain as portfolio managers of the Global Tactical Asset Allocation Fund. All references to James D. McDonald in the Fund's Prospectus and SAI are hereby deleted.* 

*Patrick D. Quinn is no longer a portfolio manager of the Arizona Tax-Exempt Fund, California Intermediate Tax-Exempt Fund, California Tax-Exempt Fund, High Yield Municipal Fund, Intermediate Tax-Exempt Fund, Limited Term Tax-Exempt Fund, Tax-Advantaged Ultra-Short Fixed Income Fund and Tax-Exempt Fund (collectively, the "Funds"). Adam M. Shane will remain as portfolio manager of the Funds. All references to Patrick D. Quinn in the Funds' Prospectus and SAI are hereby deleted.* 

*Please retain this supplement with your Prospectus and SAI for future reference.* 

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| | | |
|:---|:---|:---|
| 50 South LaSalle Street<br> P.O. Box 75986<br> Chicago, Illinois 60675-5986<br> 800-595-9111<br> northerntrust.com/funds | ![LOGO](g466323g36t24.jpg) | NF SPT PRO&SAI COMBO<br>(3/23) |

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