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The NWM High Yield Bond Fund returned 2.1% last month.
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The NWM mortgage pools continued to deliver consistent returns, with the NWM Primary Mortgage Fund and the NWM Balanced Mortgage Fund both returning 0.4% in February.
Current yields, which are what the funds would return if all mortgages presently in the fund were held to maturity and all interest and principal were repaid and are, in no way, a predictor of future performance, are 4.3% for the primary fund and 5.4% for the balanced fund.