Morningstar

Northern Multi-Manager Global Real Estate Fund NMMGX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Northern Trust Investment Hub
  • NAV / 1-Day Return $10.56  /  +0.66 %
  • Fund Size $49.4M
  • Adjusted Expense Ratio 0.820%
  • Net Expense Ratio 0.920%
  • Fee Level: Distribution Below Average
  • Share Class Type No Load
  • Morningstar Category Global Real Estate
  • Equity Style Box (Funds) Mid Blend
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 2.99%
  • Turnover Ratio 82%
NAV and 1-Day Return as of

Morningstar’s Analysis NMMGX

Will NMMGX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NMMGX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the NMMGX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of NMMGX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Northern Multi-Manager Glbl Real Estate holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings NMMGX

More NMMGX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 41.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Welltower Inc

10.69 5M
Real Estate

Prologis Inc

6.22 3M
Real Estate

Digital Realty Trust Inc

5.39 3M
Real Estate

Equinix Inc

5.07 2M
Real Estate

Simon Property Group Inc

3.00 1M
Real Estate

Northern Institutional US Government

2.94 1M
Cash and Equivalents

Extra Space Storage Inc

2.57 1M
Real Estate

Omega Healthcare Investors Inc

2.27 1M
Real Estate

Goodman Group

2.17 1M
Real Estate

Sun Communities Inc

2.16 1M
Real Estate

Sponsor Center