Northern Multi-Manager Global Real Estate Fund (NMMGX) Fund Details & Analysis

Fund Information

Fund Category Global Real Estate

Fund Family Northern Funds

Fund Style Large

ISIN US6651624750

CUSIP 665162475

Inception Date 2008-11-19

Domicile United States

Country USA

Fiscal Year End March

NAV Chart

Fund Metrics

Net Assets $79.12 Million

Share Class Net Assets $79.12 Million

Expense Ratio 0.94%

Expense Ratio Date 2025-07-31

Dividend Yield 0.03%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 2.47%

1-Year Return 5.83%

3-Year Return 2.53%

5-Year Return 2.40%

NAV $10.74

Previous Close Price $10.75

Last Update 2025-12-31

Dividend Information

Dividend Yield 0.03%

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 Multi-Manager Global Real Estate Fund

The fund will invest at least 80% of its net assets in equity securities of real estate companies and real estate related companies. It will invest in equity-related securities of U.S. and foreign real estate companies. The fund does not invest directly in real estate.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 17856.16%

Giant 0.53%

Large 26.20%

Medium 38.67%

Micro 5.57%

Small 21.48%

Value & Growth Metrics

Book-Value Growth % 0.62%

Cash-Flow Growth % 2.35%

Dividend Yield % 3.96%

Historical Earnings % -2.97%

Long-Term Earnings % 5.17%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	0.00%	0.00%	0.00%	0.05%	0.00%
Cash	2.46%	2.48%	0.02%	1.29%	0.00%
Non US Stock	35.30%	35.30%	0.00%	43.99%	42.81%
Not Classified	0.00%	0.00%	0.00%	0.18%	0.00%
Other	0.43%	0.43%	0.00%	0.76%	0.65%
US Stock	61.80%	61.80%	0.00%	54.58%	56.54%

Top Holdings

Name	Weight	Owned	Change
Prologis Inc. COM USD0.01	4.75%	-	-
Equinix, Inc. COM USD0.001	2.39%	-	-
Goodman Group NPV (STAPLED UNITS)	2.28%	-	-
Northern Inst Fds GOVT PTFL	2.81%	-	-
Extra Space Storage Inc. COM USD0.01	1.88%	-	-
Mid-America Apartment Communities, Inc. COM USD0.01	2.24%	-	-
Digital Realty Trust Inc. COM STK USD0.01	2.04%	-	-
Equity Lifestyle Properties Inc COM USD0.01	2.01%	-	-
Mitsui Fudosan Co Ltd. NPV	1.92%	-	-
Ventas Inc. COM USD0.25	2.50%	-	-
Public Storage COM USD0.10	1.96%	-	-
Simon Property Group Inc COM USD0.0001	1.88%	-	-
Realty Income Corporation COM USD1	1.84%	-	-
PROLOGIS INC	2.27%	-	-
EQUINIX INC	2.20%	-	-
DIGITAL REALTY TST. INC	1.76%	-	-
GOODMAN GROUP	2.51%	-	-
SIMON PROP. GRP. INC	2.18%	-	-
VENTAS INC	2.05%	-	-
WELLTOWER INC	1.76%	-	-

See the full breakdown of NMMGX 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%	100.00%	0.00%
Bond Sector	Corporate	0.00%	17.00%	0.00%	0.00%
Bond Sector	Derivative	0.00%	0.00%	0.00%	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	1.48%	0.42%	0.00%	0.00%
Cyclical	Financial Services	0.56%	0.16%	0.00%	0.00%
Cyclical	Real Estate	97.96%	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	0.00%	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%	-	1.10%
Americas	North America	57.43%	63.64%	58.40%
Greater Asia	Asia Developed	6.79%	4.31%	6.02%
Greater Asia	Asia Emerging	1.12%	-	4.84%
Greater Asia	Australasia	8.33%	8.92%	4.98%
Greater Asia	Japan	10.47%	10.97%	9.91%
Greater Europe	Africa/Middle East	1.15%	-	4.55%
Greater Europe	Europe Developed	9.54%	6.21%	8.08%
Greater Europe	Europe Emerging	0.18%	-	0.29%
Greater Europe	United Kingdom	4.42%	5.95%	1.84%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-19	$0.072	$0.072	USD	-	-	-	-
2024-09-24	$0.088	$0.088	USD	-	2024-09-23	2024-09-24	Quarterly
2024-06-24	$0.061	$0.061	USD	-	2024-06-21	2024-06-24	Quarterly
2024-03-25	$0.025	$0.025	USD	-	2024-03-22	2024-03-25	Quarterly
2023-12-21	$0.074	$0.074	USD	-	2023-12-20	2023-12-21	Quarterly
2023-09-21	$0.044	$0.044	USD	-	2023-09-20	2023-09-21	Quarterly
2023-06-22	$0.063	$0.063	USD	-	2023-06-21	2023-06-22	Quarterly
2023-03-23	$0.093	$0.093	USD	-	2023-03-22	2023-03-23	Quarterly
2022-12-15	$0.010	$0.010	USD	2022-12-15	2022-12-14	2022-12-15	Quarterly
2022-09-22	$0.055	$0.055	USD	2022-09-22	2022-09-21	2022-09-22	Quarterly
2022-06-23	$0.038	$0.038	USD	2022-06-23	2022-06-22	2022-06-23	Quarterly
2021-12-16	$0.118	$0.118	USD	2021-12-16	2021-12-15	2021-12-16	Quarterly
2021-09-23	$0.037	$0.037	USD	2021-09-23	2021-09-22	2021-09-23	Quarterly
2021-06-24	$0.049	$0.049	USD	2021-06-24	2021-06-23	2021-06-24	Quarterly
2021-03-24	$0.002	$0.002	USD	2021-03-24	2021-03-23	2021-03-24	Quarterly
2020-12-17	$0.134	$0.134	USD	2020-12-17	2020-12-16	2020-12-17	Quarterly
2020-09-24	$0.047	$0.047	USD	2020-09-24	2020-09-23	2020-09-25	Quarterly
2020-06-24	$0.012	$0.012	USD	2020-06-24	2020-06-23	2020-06-24	Quarterly
2019-12-19	$0.324	$0.324	USD	2019-12-19	2019-12-18	2019-12-19	Quarterly
2019-09-24	$0.055	$0.055	USD	2019-09-24	2019-09-23	2019-09-24	Quarterly
2019-06-24	$0.079	$0.079	USD	2019-06-24	2019-06-21	2019-06-24	Quarterly
2019-03-25	$0.070	$0.070	USD	2019-03-25	2019-03-22	2019-03-25	Quarterly
2018-12-20	$0.205	$0.205	USD	2018-12-20	2018-12-19	2018-12-20	Other
2018-09-24	$0.076	$0.076	USD	2018-09-24	2018-09-21	2018-09-24	Quarterly
2018-06-25	$0.110	$0.110	USD	2018-06-25	2018-06-22	2018-06-25	Quarterly
2018-03-26	$0.078	$0.078	USD	2018-03-26	2018-03-23	2018-03-26	Quarterly
2017-12-21	$0.425	$0.425	USD	2017-12-21	2017-12-20	2017-12-21	Other
2017-09-25	$0.028	$0.028	USD	2017-09-25	2017-09-22	2017-09-25	Quarterly
2017-06-26	$0.041	$0.041	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	$0.386	$0.386	USD	2016-12-15	2016-12-14	2016-12-15	Other
2016-09-26	$0.033	$0.033	USD	2016-09-26	2016-09-23	2016-09-26	Quarterly
2016-06-23	$0.059	$0.059	USD	2016-06-23	2016-06-22	2016-06-23	Quarterly
2016-03-23	$0.082	$0.082	USD	2016-03-23	2016-03-22	2016-03-23	Quarterly
2015-12-17	$0.187	$0.187	USD	2015-12-17	2015-12-16	2015-12-17	Other
2015-09-24	$0.067	$0.067	USD	2015-09-24	2015-09-23	2015-09-24	Quarterly
2015-06-24	$0.121	$0.121	USD	2015-06-24	2015-06-23	2015-06-24	Quarterly
2015-03-24	$0.016	$0.016	USD	2015-03-24	2015-03-23	2015-03-24	Quarterly
2014-12-18	$0.173	$0.173	USD	2014-12-18	2014-12-17	2014-12-19	Other
2014-09-24	$0.084	$0.084	USD	2014-09-24	2014-09-23	2014-09-24	Quarterly
2014-06-24	$0.038	$0.038	USD	2014-06-24	2014-06-23	2014-06-24	Quarterly
2014-03-24	$0.010	$0.010	USD	2014-03-24	2014-03-21	2014-03-24	Quarterly
2013-12-19	$0.303	$0.303	USD	2013-12-19	2013-12-18	2013-12-20	Other
2013-09-24	$0.057	$0.057	USD	2013-09-24	2013-09-23	2013-09-24	Quarterly
2013-06-24	$0.100	$0.100	USD	2013-06-24	2013-06-21	2013-06-24	Quarterly
2013-03-25	$0.011	$0.011	USD	2013-03-25	2013-03-22	2013-03-25	Quarterly
2012-12-19	$0.252	$0.252	USD	2012-12-19	2012-12-18	2012-12-19	Other
2012-09-24	$0.052	$0.052	USD	-	2012-09-21	2012-09-24	Quarterly
2012-06-25	$0.078	$0.078	USD	-	2012-06-22	2012-06-25	Quarterly
2012-03-26	$0.070	$0.070	USD	-	2012-03-23	2012-03-26	Quarterly
2011-12-19	$0.023	$0.023	USD	-	2011-12-16	2011-12-19	Other
2011-09-26	$0.033	$0.033	USD	-	2011-09-23	2011-09-26	Quarterly
2011-06-23	$0.137	$0.137	USD	-	2011-06-22	2011-06-23	Quarterly
2011-03-24	$0.013	$0.013	USD	-	2011-03-23	2011-03-24	Quarterly
2010-12-21	$0.053	$0.053	USD	-	2010-12-20	2010-12-21	Other
2010-09-24	$0.050	$0.050	USD	-	2010-09-23	2010-09-24	Quarterly
2010-06-24	$0.111	$0.111	USD	-	2010-06-23	2010-06-24	Quarterly
2010-03-24	$0.035	$0.035	USD	-	2010-03-23	2010-03-24	Quarterly
2009-12-21	$0.521	$0.521	USD	-	2009-12-18	2009-12-21	Quarterly
2009-09-24	$0.048	$0.048	USD	-	2009-09-23	2009-09-24	Quarterly
2009-06-24	$0.081	$0.081	USD	-	2009-06-23	2009-06-24	Quarterly
2009-03-24	$0.025	$0.025	USD	-	2009-03-23	2009-03-24	Quarterly
2008-12-19	$0.079	$0.079	USD	-	2008-12-18	2008-12-19	Other

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Northern Multi-Manager Global Real Estate Fund NMFQS:NMMGX