Northern Global Real Estate Index Fund (NGREX) Fund Details & Analysis

Fund Information

Fund Category Global Real Estate

Fund Family Northern Funds

Fund Style Large

ISIN US6651625419

CUSIP 665162541

Inception Date 2006-07-26

Domicile United States

Country USA

Fiscal Year End March

NAV Chart

Fund Metrics

Net Assets $703.03 Million

Share Class Net Assets $703.03 Million

Expense Ratio 0.47%

Expense Ratio Date 2025-07-31

Dividend Yield 0.04%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 4.05%

1-Year Return 15.13%

3-Year Return 7.06%

5-Year Return 3.95%

NAV $10.42

Previous Close Price $10.40

Last Update 2025-12-31

Dividend Information

Dividend Yield 0.04%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Northern Global Real Estate Index Fund

The fund will invest substantially all of its net assets in equity securities included in the index, in weightings that approximate the relative composition of the securities contained in the index. The index is a free float-adjusted market capitalization index that consists of large, mid and small-cap stocks across 23 Developed Markets and 24 Emerging Markets countries engaged in the ownership, development and management of specific core property type real estate. It is non-diversified.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 14717.48%

Giant 1.45%

Large 26.06%

Medium 44.26%

Micro 3.71%

Small 18.92%

Value & Growth Metrics

Book-Value Growth % 0.17%

Cash-Flow Growth % -1.91%

Dividend Yield % 4.08%

Historical Earnings % 61.25%

Long-Term Earnings % 5.82%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	0.24%	0.24%	0.00%	0.05%	0.00%
Cash	-0.36%	3.11%	3.47%	1.29%	0.00%
Non US Stock	43.08%	43.08%	0.00%	43.99%	42.81%
Not Classified	0.00%	0.00%	0.00%	0.18%	0.00%
Other	0.37%	0.37%	0.00%	0.76%	0.65%
US Stock	56.67%	56.67%	0.00%	54.58%	56.54%

Top Holdings

Name	Weight	Owned	Change
Prologis Inc. COM USD0.01	5.52%	-	-
Equinix, Inc. COM USD0.001	4.19%	-	-
Welltower OP LLC COM USD1	5.09%	-	-
Simon Property Group Inc COM USD0.0001	2.89%	-	-
Digital Realty Trust Inc. COM STK USD0.01	2.53%	-	-
Realty Income Corporation COM USD1	2.71%	-	-
Public Storage COM USD0.10	2.51%	-	-
Goodman Group NPV (STAPLED UNITS)	1.95%	-	-
Extra Space Storage Inc. COM USD0.01	1.68%	-	-
AvalonBay Communities, Inc. COM USD0.01	1.63%	-	-
WELLTOWER INC	5.62%	-	-
PROLOGIS INC	5.13%	-	-
EQUINIX INC	3.70%	-	-
SIMON PROP. GRP. INC	2.95%	-	-
DIGITAL REALTY TST. INC	2.81%	-	-
REALTY INC. CORP	2.65%	-	-
NI US GOV T PORTFOLIO	2.20%	-	-
PUBLIC STORAGE	2.20%	-	-
GOODMAN GROUP	2.13%	-	-
VENTAS INC	1.52%	-	-

See the full breakdown of NGREX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	0.00%	80.24%	78.63%	0.00%
Bond Sector	Corporate	0.00%	17.00%	7.08%	0.00%
Bond Sector	Derivative	0.00%	0.00%	14.29%	0.00%
Bond Sector	Government	0.00%	0.20%	0.00%	0.00%
Bond Sector	Municipal	0.00%	0.00%	0.00%	0.00%
Bond Sector	Securitized	0.00%	2.56%	0.00%	0.00%
Cyclical	Basic Materials	0.00%	0.00%	0.00%	0.00%
Cyclical	Consumer Cyclical	0.31%	0.42%	0.00%	0.00%
Cyclical	Financial Services	0.00%	0.16%	0.00%	0.00%
Cyclical	Real Estate	99.59%	98.88%	0.00%	100.00%
Defensive	Consumer Defensive	0.00%	0.00%	0.00%	0.00%
Defensive	Healthcare	0.00%	0.06%	0.00%	0.00%
Defensive	Utilities	0.00%	0.02%	0.00%	0.00%
Sensitive	Communication Services	0.00%	0.00%	0.00%	0.00%
Sensitive	Energy	0.00%	0.05%	0.00%	0.00%
Sensitive	Industrials	0.09%	0.13%	0.00%	0.00%
Sensitive	Technology	0.00%	0.25%	0.00%	0.00%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.56%	0.94%	1.10%
Americas	North America	57.43%	58.43%	58.40%
Greater Asia	Asia Developed	6.79%	6.61%	6.02%
Greater Asia	Asia Emerging	1.12%	4.70%	4.84%
Greater Asia	Australasia	8.33%	5.46%	4.98%
Greater Asia	Japan	10.47%	9.86%	9.91%
Greater Europe	Africa/Middle East	1.15%	3.18%	4.55%
Greater Europe	Europe Developed	9.54%	8.26%	8.08%
Greater Europe	Europe Emerging	0.18%	0.06%	0.29%
Greater Europe	United Kingdom	4.42%	2.51%	1.84%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-19	$0.107	$0.107	USD	-	-	-	-
2024-09-24	$0.074	$0.074	USD	-	2024-09-23	2024-09-24	Quarterly
2024-06-24	$0.086	$0.086	USD	-	2024-06-21	2024-06-24	Quarterly
2024-03-25	$0.086	$0.086	USD	-	2024-03-22	2024-03-25	Quarterly
2023-09-21	$0.068	$0.068	USD	-	2023-09-20	2023-09-21	Quarterly
2023-06-22	$0.081	$0.081	USD	-	2023-06-21	2023-06-22	Quarterly
2023-03-23	$0.082	$0.082	USD	-	2023-03-22	2023-03-23	Quarterly
2022-09-22	$0.055	$0.055	USD	2022-09-22	2022-09-21	2022-09-22	Quarterly
2022-06-23	$0.103	$0.103	USD	2022-06-23	2022-06-22	2022-06-23	Quarterly
2022-03-24	$0.009	$0.009	USD	2022-03-24	2022-03-23	2022-03-24	Quarterly
2021-12-16	$0.152	$0.152	USD	2021-12-16	2021-12-15	2021-12-16	Quarterly
2021-09-23	$0.077	$0.077	USD	2021-09-23	2021-09-22	2021-09-23	Quarterly
2021-06-24	$0.085	$0.085	USD	2021-06-24	2021-06-23	2021-06-24	Quarterly
2021-03-24	$0.063	$0.063	USD	2021-03-24	2021-03-23	2021-03-24	Quarterly
2020-09-24	$0.073	$0.073	USD	2020-09-24	2020-09-23	2020-09-25	Quarterly
2020-06-24	$0.099	$0.099	USD	2020-06-24	2020-06-23	2020-06-24	Quarterly
2020-03-24	$0.041	$0.041	USD	2020-03-24	2020-03-23	2020-03-24	Quarterly
2019-12-19	$0.278	$0.278	USD	2019-12-19	2019-12-18	2019-12-19	Quarterly
2019-09-24	$0.076	$0.076	USD	2019-09-24	2019-09-23	2019-09-24	Quarterly
2019-06-24	$0.102	$0.102	USD	2019-06-24	2019-06-21	2019-06-24	Quarterly
2019-03-25	$0.056	$0.056	USD	2019-03-25	2019-03-22	2019-03-25	Quarterly
2018-12-20	$0.052	$0.052	USD	2018-12-20	2018-12-19	2018-12-20	Quarterly
2018-09-24	$0.134	$0.134	USD	2018-09-24	2018-09-21	2018-09-24	Quarterly
2018-06-25	$0.122	$0.122	USD	2018-06-25	2018-06-22	2018-06-25	Quarterly
2018-03-26	$0.071	$0.071	USD	2018-03-26	2018-03-23	2018-03-26	Quarterly
2017-12-21	$0.175	$0.175	USD	2017-12-21	2017-12-20	2017-12-21	Quarterly
2017-09-25	$0.071	$0.071	USD	2017-09-25	2017-09-22	2017-09-25	Quarterly
2017-06-26	$0.033	$0.033	USD	2017-06-26	2017-06-23	2017-06-26	Quarterly
2017-03-23	$0.001	$0.001	USD	2017-03-23	2017-03-22	2017-03-23	Quarterly
2016-12-15	$0.204	$0.204	USD	2016-12-15	2016-12-14	2016-12-15	Quarterly
2016-09-26	$0.077	$0.077	USD	2016-09-26	2016-09-23	2016-09-26	Quarterly
2016-06-23	$0.082	$0.082	USD	2016-06-23	2016-06-22	2016-06-23	Quarterly
2016-03-23	$0.059	$0.059	USD	2016-03-23	2016-03-22	2016-03-23	Quarterly
2015-12-17	$0.015	$0.015	USD	2015-12-17	2015-12-16	2015-12-17	Quarterly
2015-09-24	$0.088	$0.088	USD	2015-09-24	2015-09-23	2015-09-24	Quarterly
2015-06-24	$0.125	$0.125	USD	2015-06-24	2015-06-23	2015-06-24	Quarterly
2015-03-24	$0.012	$0.012	USD	2015-03-24	2015-03-23	2015-03-24	Quarterly
2014-12-18	$0.101	$0.101	USD	2014-12-18	2014-12-17	2014-12-19	Quarterly
2014-09-24	$0.045	$0.045	USD	2014-09-24	2014-09-23	2014-09-24	Quarterly
2014-06-24	$0.103	$0.103	USD	2014-06-24	2014-06-23	2014-06-24	Quarterly
2014-03-24	$0.013	$0.013	USD	2014-03-24	2014-03-21	2014-03-24	Quarterly
2013-12-19	$0.164	$0.164	USD	2013-12-19	2013-12-18	2013-12-20	Quarterly
2013-09-24	$0.052	$0.052	USD	2013-09-24	2013-09-23	2013-09-24	Quarterly
2013-06-24	$0.076	$0.076	USD	2013-06-24	2013-06-21	2013-06-24	Quarterly
2013-03-25	$0.018	$0.018	USD	2013-03-25	2013-03-22	2013-03-25	Quarterly
2012-12-19	$0.188	$0.188	USD	2012-12-19	2012-12-18	2012-12-19	Quarterly
2012-09-24	$0.048	$0.048	USD	-	2012-09-21	2012-09-24	Quarterly
2012-06-25	$0.066	$0.066	USD	-	2012-06-22	2012-06-25	Quarterly
2012-03-26	$0.036	$0.036	USD	-	2012-03-23	2012-03-26	Quarterly
2011-12-19	$0.040	$0.040	USD	-	2011-12-16	2011-12-19	Quarterly
2011-09-26	$0.040	$0.040	USD	-	2011-09-23	2011-09-26	Quarterly
2011-06-23	$0.077	$0.077	USD	-	2011-06-22	2011-06-23	Quarterly
2011-03-24	$0.006	$0.006	USD	-	2011-03-23	2011-03-24	Quarterly
2010-12-21	$0.056	$0.056	USD	-	2010-12-20	2010-12-21	Quarterly
2010-09-24	$0.047	$0.047	USD	-	2010-09-23	2010-09-24	Quarterly
2010-06-24	$0.061	$0.061	USD	-	2010-06-23	2010-06-24	Quarterly
2010-03-24	$0.019	$0.019	USD	-	2010-03-23	2010-03-24	Quarterly
2009-12-21	$0.054	$0.054	USD	-	2009-12-18	2009-12-21	Quarterly
2009-09-24	$0.044	$0.044	USD	-	2009-09-23	2009-09-24	Quarterly
2009-06-24	$0.050	$0.050	USD	-	2009-06-23	2009-06-24	Quarterly
2009-03-24	$0.033	$0.033	USD	-	2009-03-23	2009-03-24	Quarterly
2008-12-19	$0.107	$0.107	USD	-	2008-12-18	2008-12-19	Other
2008-09-24	$0.088	$0.088	USD	-	2008-09-23	2008-09-24	Quarterly
2008-06-24	$0.052	$0.052	USD	-	2008-06-23	2008-06-24	Quarterly
2008-03-24	$0.031	$0.031	USD	-	2008-03-20	2008-03-24	Quarterly
2007-12-19	$0.126	$0.126	USD	-	2007-12-18	2007-12-19	Other
2007-09-24	$0.049	$0.049	USD	-	2007-09-21	2007-09-24	Quarterly
2007-06-25	$0.048	$0.048	USD	-	2007-06-22	2007-06-25	Quarterly
2007-03-26	$0.013	$0.013	USD	-	2007-03-23	2007-03-26	Quarterly
2006-12-19	$0.084	$0.084	USD	-	2006-12-18	2006-12-19	Other
2006-09-25	$0.023	$0.023	USD	-	2006-09-22	2006-09-25	Other

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Northern Global Real Estate Index Fund NMFQS:NGREX