Northern Multi-Manager Global Real Estate Fund (NMMGX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

10.51

+0.10 (0.96%)

At close: Oct 15, 2026

Fund Assets	49.36M
Expense Ratio	0.787%
Min. Investment	$2,500
Turnover	82.15%
Dividend (ttm)	0.31
Dividend Yield	2.98%
Dividend Growth	46.18%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 24, 2026

Previous Close	10.41
YTD Return	1.03%
1-Year Return	1.22%
5-Year Return	-8.48%
52-Week Low	10.33
52-Week High	11.68
Beta (5Y)	0.89
Holdings	145
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.

Fund Family Northern Funds

Category Global Real Estate

Performance Rating Average

Risk Rating Below Average

Stock Exchange Nasdaq

Ticker Symbol NMMGX

Index FTSE EPRA Nareit Developed NR USD

Performance

NMMGX had a total return of 1.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.95%.

Top 10 Holdings

30.30% of assets

Name	Symbol	Weight
Welltower Inc.	WELL	6.45%
Digital Realty Trust, Inc.	DLR	3.59%
Welltower Inc.	WELL	3.39%
Prologis, Inc.	PLD	3.00%
Northern Institutional US Government	BNGXX	2.90%
Prologis, Inc.	PLD	2.66%
Equinix, Inc.	EQIX	2.41%
Equinix, Inc.	EQIX	2.19%
Simon Property Group, Inc.	SPG	1.97%
Ventas, Inc.	VTR	1.75%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 24, 2026	$0.05081	Sep 24, 2026
Jun 24, 2026	$0.08342	Jun 24, 2026
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

Full Dividend History