Northern Multi-Manager Global Real Estate Fund (NMMGX)
| Fund Assets | 80.37M |
| Expense Ratio | 0.93% |
| Min. Investment | $2,500 |
| Turnover | 57.69% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 2.83% |
| Dividend Growth | 30.85% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 18, 2025 |
| Previous Close | 11.37 |
| YTD Return | 8.74% |
| 1-Year Return | 12.63% |
| 5-Year Return | 14.52% |
| 52-Week Low | 8.91 |
| 52-Week High | 11.45 |
| Beta (5Y) | 0.93 |
| Holdings | 96 |
| Inception Date | Nov 19, 2008 |
About NMMGX
Northern Multi-Manager Global Real Estate Fund is an open-end mutual fund that strategically invests in a diversified portfolio of global real estate equities. The fund’s primary objective is to achieve long-term capital appreciation and provide current income by focusing on equity securities issued by both U.S. and international real estate companies, with a significant allocation to real estate investment trusts (REITs). Rather than investing directly in physical real estate, the fund leverages a multi-manager approach, selecting and blending the expertise of multiple specialist real estate managers to enhance diversification and potentially reduce risk. This structure allows for exposure to a broad array of property sectors and geographic regions, offering investors access to both developed and emerging real estate markets. The fund is managed by Northern Trust’s experienced investment team, seeking to capitalize on global real estate trends and market cycles. Its role in the financial market is to serve as a diversification tool in portfolios, providing income and growth potential associated with global property markets while maintaining liquidity and professional management.
Performance
NMMGX had a total return of 12.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.30%.
Top 10 Holdings
36.93% of assets| Name | Symbol | Weight |
|---|---|---|
| Prologis, Inc. | PLD | 8.01% |
| Equinix, Inc. | EQIX | 5.41% |
| Digital Realty Trust, Inc. | DLR | 4.41% |
| Ventas, Inc. | VTR | 3.95% |
| Goodman Group | GMG | 3.45% |
| Northern Institutional Funds - U.S. Government Portfolio | BNGXX | 2.46% |
| Welltower Inc. | WELL | 2.41% |
| American Homes 4 Rent | AMH | 2.39% |
| Mid-America Apartment Communities, Inc. | MAA | 2.23% |
| Mitsui Fudosan Co., Ltd. | 8801 | 2.21% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2025 | $0.17897 | Dec 18, 2025 |
| Sep 24, 2025 | $0.06713 | Sep 24, 2025 |
| Jun 24, 2025 | $0.04821 | Jun 24, 2025 |
| Mar 24, 2025 | $0.02733 | Mar 24, 2025 |
| Dec 19, 2024 | $0.07158 | Dec 19, 2024 |
| Sep 24, 2024 | $0.0882 | Sep 24, 2024 |