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Morningstar

Northern Multi-Manager Glbl Real Estate NMMGX

Morningstar Medalist Rating
Medalist Rating as of | See Northern Trust Investment Hub
  • NAV / 1-Day Return 9.71  /  −1.21 %
  • Total Assets 116.9 Mil
  • Adj. Expense Ratio
    0.920%
  • Expense Ratio 0.920%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Global Real Estate
  • Investment Style Mid Blend
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 1.96%
  • Turnover 59%

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 11:53 PM GMT+0

Morningstar’s Analysis NMMGX

Will NMMGX outperform in 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.

Northern Multi-Manager Glbl Real Estate's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
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 35.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Prologis Inc

7.89 9.9 Mil
Real Estate

Equinix Inc

6.45 8.1 Mil
Real Estate

Extra Space Storage Inc

3.61 4.5 Mil
Real Estate

Mitsui Fudosan Co Ltd

3.57 4.5 Mil
Real Estate

Goodman Group

3.11 3.9 Mil
Real Estate

CubeSmart

2.65 3.3 Mil
Real Estate

Northern Institutional US Government

2.60 3.3 Mil
Cash and Equivalents

AvalonBay Communities Inc

2.15 2.7 Mil
Real Estate

American Homes 4 Rent Class A

2.14 2.7 Mil
Real Estate

SBA Communications Corp Class A

2.03 2.6 Mil
Real Estate