Morningstar

Northern Multi-Manager Global Real Estate Fund NMMGX

Morningstar Medalist Rating
Medalist Rating as of | See Northern Trust Investment Hub
  • NAV / 1-Day Return 11.34  /  +1.41 %
  • Total Assets 54.3M
  • Adj. Expense Ratio
    0.940%
  • Expense Ratio 0.920%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Global Real Estate
  • Investment Style Mid Blend
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.94%
  • Turnover 82%

USD | NAV as of Jul 16, 2026 | 1-Day Return as of Jul 16, 2026, 10:52 PM GMT+0

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 Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings NMMGX

More NMMGX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 38.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Welltower Inc

9.17 7M
Real Estate

Prologis Inc

6.14 5M
Real Estate

Digital Realty Trust Inc

5.87 4M
Real Estate

Equinix Inc

5.47 4M
Real Estate

Northern Institutional US Government

3.48 3M
Cash and Equivalents

Public Storage

2.48 2M
Real Estate

Goodman Group

2.45 2M
Real Estate

Agree Realty Corp

1.96 1M
Real Estate

Kimco Realty Corp

1.78 1M
Real Estate

Ventas Inc

1.74 1M
Real Estate

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