About NMFIX
The Northern Multi-Manager Global Listed Infrastructure Fund is an actively managed mutual fund focused on delivering total return through a combination of income and capital appreciation. The fund invests at least 80% of its net assets in equity securities of infrastructure companies that are listed on both domestic and foreign exchanges, with a substantial allocation to firms based outside the United States, including those in emerging and frontier markets. Infrastructure businesses targeted by the fund span essential sectors such as utilities, transportation (including railroads, airports, and shipping), energy infrastructure, and waste management. By employing a multi-manager approach, the fund leverages the expertise of several global infrastructure managers, blending complementary strategies within a single portfolio to enhance diversification and manage risk. This fund plays a unique role in the market by offering access to a specialized asset class—listed infrastructure—which tends to provide defensive characteristics, potential inflation protection, and steady cash flows, making it a strategic component for long-term, globally diversified portfolios.
Fund Family Northern Funds
Category Infrastructure
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol NMFIX
Index S&P Global Infrastructure NR
NMFIX had a total return of 7.78% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.15%.
