MULTI-MANAGER GLOBAL REAL ESTATE FUND
Name
As of 10/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
9.1%
1 yr return
29.4%
3 Yr Avg Return
-1.0%
5 Yr Avg Return
2.2%
Net Assets
$123 M
Holdings in Top 10
27.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.09%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 42.01%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$2,500
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NMMGX - Profile
Distributions
- YTD Total Return 9.1%
- 3 Yr Annualized Total Return -1.0%
- 5 Yr Annualized Total Return 2.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.20%
- Dividend Yield 3.1%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameMULTI-MANAGER GLOBAL REAL ESTATE FUND
-
Fund Family NameNorthern Trust
-
Inception DateNov 19, 2008
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChristopher Vella
Fund Description
NMMGX - Performance
Return Ranking - Trailing
Period | NMMGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.1% | -5.3% | 18.4% | 75.27% |
1 Yr | 29.4% | -10.4% | 37.3% | 65.93% |
3 Yr | -1.0%* | -12.2% | 21.4% | 70.29% |
5 Yr | 2.2%* | -8.6% | 18.7% | 56.73% |
10 Yr | 4.7%* | -1.3% | 11.9% | 52.17% |
* Annualized
Return Ranking - Calendar
Period | NMMGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.8% | -16.8% | 16.7% | 70.56% |
2022 | -27.0% | -43.9% | 4.5% | 28.00% |
2021 | 25.2% | -13.9% | 30.7% | 16.96% |
2020 | -5.9% | -20.7% | 13.7% | 42.11% |
2019 | 18.1% | 1.0% | 26.5% | 32.35% |
Total Return Ranking - Trailing
Period | NMMGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.1% | -5.3% | 18.4% | 75.27% |
1 Yr | 29.4% | -10.4% | 37.3% | 65.93% |
3 Yr | -1.0%* | -12.2% | 21.4% | 70.29% |
5 Yr | 2.2%* | -8.6% | 18.7% | 56.73% |
10 Yr | 4.7%* | -1.3% | 11.9% | 52.17% |
* Annualized
Total Return Ranking - Calendar
Period | NMMGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.9% | -14.6% | 23.4% | 71.11% |
2022 | -26.2% | -39.5% | 10.1% | 56.00% |
2021 | 28.8% | 5.7% | 101.8% | 25.73% |
2020 | -4.2% | -17.8% | 14.7% | 45.61% |
2019 | 23.7% | 4.3% | 37.2% | 51.76% |
NAV & Total Return History
NMMGX - Holdings
Concentration Analysis
NMMGX | Category Low | Category High | NMMGX % Rank | |
---|---|---|---|---|
Net Assets | 123 M | 4.27 M | 7.48 B | 73.18% |
Number of Holdings | 109 | 5 | 691 | 18.13% |
Net Assets in Top 10 | 33.3 M | 1.9 M | 4.55 B | 75.27% |
Weighting of Top 10 | 27.50% | 19.5% | 64.5% | 96.13% |
Top 10 Holdings
- Prologis Inc. COM USD0.01 5.10%
- Equinix, Inc. COM USD0.001 3.47%
- Goodman Group NPV (STAPLED UNITS) 2.94%
- Northern Inst Fds GOVT PTFL 2.81%
- Extra Space Storage Inc. COM USD0.01 2.55%
- Equinix, Inc. COM USD0.001 2.47%
- Mid-America Apartment Communities, Inc. COM USD0.01 2.24%
- Digital Realty Trust Inc. COM STK USD0.01 2.01%
- Equity Lifestyle Properties Inc COM USD0.01 2.01%
- Mitsui Fudosan Co Ltd. NPV 1.92%
Asset Allocation
Weighting | Return Low | Return High | NMMGX % Rank | |
---|---|---|---|---|
Stocks | 95.40% | 3.01% | 126.54% | 87.91% |
Cash | 4.60% | 0.00% | 11.23% | 15.38% |
Preferred Stocks | 0.00% | 0.00% | 7.41% | 85.16% |
Other | 0.00% | -33.49% | 99.87% | 87.91% |
Convertible Bonds | 0.00% | 0.00% | 0.07% | 83.43% |
Bonds | 0.00% | 0.00% | 23.39% | 84.62% |
Stock Sector Breakdown
Weighting | Return Low | Return High | NMMGX % Rank | |
---|---|---|---|---|
Real Estate | 96.03% | 72.53% | 100.00% | 75.71% |
Communication Services | 2.54% | 0.00% | 10.08% | 13.56% |
Healthcare | 0.71% | 0.00% | 1.54% | 10.73% |
Financial Services | 0.48% | 0.00% | 9.53% | 14.12% |
Technology | 0.24% | 0.00% | 4.92% | 38.98% |
Utilities | 0.00% | 0.00% | 0.96% | 84.75% |
Industrials | 0.00% | 0.00% | 4.91% | 87.01% |
Energy | 0.00% | 0.00% | 0.11% | 83.62% |
Consumer Defense | 0.00% | 0.00% | 0.18% | 85.31% |
Consumer Cyclical | 0.00% | 0.00% | 13.03% | 92.66% |
Basic Materials | 0.00% | 0.00% | 1.63% | 84.75% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | NMMGX % Rank | |
---|---|---|---|---|
US | 61.69% | 0.00% | 102.76% | 65.38% |
Non US | 33.71% | 0.00% | 98.87% | 71.98% |
NMMGX - Expenses
Operational Fees
NMMGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.09% | 0.10% | 36.96% | 69.78% |
Management Fee | 0.89% | 0.09% | 1.50% | 75.69% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.25% | 93.07% |
Sales Fees
NMMGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
NMMGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 0.25% | 2.00% | 50.00% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
NMMGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 42.01% | 1.00% | 165.00% | 31.82% |
NMMGX - Distributions
Dividend Yield Analysis
NMMGX | Category Low | Category High | NMMGX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.08% | 0.00% | 5.52% | 67.03% |
Dividend Distribution Analysis
NMMGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
NMMGX | Category Low | Category High | NMMGX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.20% | -0.23% | 3.84% | 60.11% |
Capital Gain Distribution Analysis
NMMGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Quarterly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 24, 2024 | $0.088 | OrdinaryDividend |
Mar 25, 2024 | $0.025 | OrdinaryDividend |
Dec 21, 2023 | $0.074 | OrdinaryDividend |
Sep 21, 2023 | $0.044 | OrdinaryDividend |
Jun 22, 2023 | $0.063 | OrdinaryDividend |
Mar 23, 2023 | $0.093 | OrdinaryDividend |
Dec 15, 2022 | $0.010 | OrdinaryDividend |
Sep 22, 2022 | $0.055 | OrdinaryDividend |
Jun 23, 2022 | $0.038 | OrdinaryDividend |
Dec 16, 2021 | $0.279 | OrdinaryDividend |
Sep 23, 2021 | $0.037 | OrdinaryDividend |
Jun 24, 2021 | $0.049 | OrdinaryDividend |
Mar 24, 2021 | $0.002 | OrdinaryDividend |
Dec 17, 2020 | $0.134 | OrdinaryDividend |
Sep 24, 2020 | $0.047 | OrdinaryDividend |
Jun 24, 2020 | $0.012 | OrdinaryDividend |
Dec 19, 2019 | $0.324 | OrdinaryDividend |
Sep 24, 2019 | $0.055 | OrdinaryDividend |
Jun 24, 2019 | $0.079 | OrdinaryDividend |
Mar 25, 2019 | $0.070 | OrdinaryDividend |
Dec 20, 2018 | $0.205 | OrdinaryDividend |
Dec 20, 2018 | $0.102 | CapitalGainShortTerm |
Dec 20, 2018 | $0.019 | CapitalGainLongTerm |
Sep 24, 2018 | $0.076 | OrdinaryDividend |
Jun 25, 2018 | $0.110 | OrdinaryDividend |
Mar 26, 2018 | $0.078 | OrdinaryDividend |
Dec 21, 2017 | $0.425 | OrdinaryDividend |
Dec 21, 2017 | $0.010 | CapitalGainShortTerm |
Dec 21, 2017 | $0.094 | CapitalGainLongTerm |
Sep 25, 2017 | $0.028 | OrdinaryDividend |
Jun 26, 2017 | $0.041 | OrdinaryDividend |
Mar 23, 2017 | $0.001 | OrdinaryDividend |
Dec 15, 2016 | $0.386 | OrdinaryDividend |
Dec 15, 2016 | $0.043 | CapitalGainShortTerm |
Dec 15, 2016 | $1.013 | CapitalGainLongTerm |
Sep 26, 2016 | $0.033 | OrdinaryDividend |
Jun 23, 2016 | $0.059 | OrdinaryDividend |
Mar 23, 2016 | $0.082 | OrdinaryDividend |
Dec 17, 2015 | $0.187 | OrdinaryDividend |
Dec 17, 2015 | $3.883 | CapitalGainLongTerm |
Sep 24, 2015 | $0.067 | OrdinaryDividend |
Jun 24, 2015 | $0.121 | OrdinaryDividend |
Mar 24, 2015 | $0.016 | OrdinaryDividend |
Dec 18, 2014 | $0.173 | OrdinaryDividend |
Dec 18, 2014 | $1.883 | CapitalGainLongTerm |
Sep 24, 2014 | $0.084 | OrdinaryDividend |
Jun 24, 2014 | $0.038 | OrdinaryDividend |
Mar 24, 2014 | $0.010 | OrdinaryDividend |
Dec 19, 2013 | $0.303 | OrdinaryDividend |
Dec 19, 2013 | $0.269 | CapitalGainShortTerm |
Dec 19, 2013 | $1.538 | CapitalGainLongTerm |
Sep 24, 2013 | $0.057 | OrdinaryDividend |
Jun 24, 2013 | $0.100 | OrdinaryDividend |
Mar 25, 2013 | $0.011 | OrdinaryDividend |
Dec 19, 2012 | $0.252 | OrdinaryDividend |
Dec 19, 2012 | $0.133 | CapitalGainShortTerm |
Dec 19, 2012 | $0.706 | CapitalGainLongTerm |
Sep 24, 2012 | $0.052 | OrdinaryDividend |
Jun 25, 2012 | $0.078 | OrdinaryDividend |
Mar 26, 2012 | $0.070 | OrdinaryDividend |
Dec 19, 2011 | $0.023 | OrdinaryDividend |
Dec 19, 2011 | $0.954 | CapitalGainLongTerm |
Sep 26, 2011 | $0.032 | OrdinaryDividend |
Jun 23, 2011 | $0.137 | OrdinaryDividend |
Mar 24, 2011 | $0.013 | OrdinaryDividend |
Dec 21, 2010 | $0.053 | OrdinaryDividend |
Dec 21, 2010 | $0.190 | CapitalGainShortTerm |
Dec 21, 2010 | $1.188 | CapitalGainLongTerm |
Sep 24, 2010 | $0.050 | OrdinaryDividend |
Jun 24, 2010 | $0.111 | OrdinaryDividend |
Mar 24, 2010 | $0.035 | OrdinaryDividend |
Dec 21, 2009 | $0.056 | OrdinaryDividend |
Dec 21, 2009 | $0.411 | CapitalGainShortTerm |
Dec 21, 2009 | $0.054 | CapitalGainLongTerm |
Sep 24, 2009 | $0.048 | OrdinaryDividend |
Jun 24, 2009 | $0.081 | OrdinaryDividend |
Mar 24, 2009 | $0.025 | OrdinaryDividend |
Dec 19, 2008 | $0.064 | OrdinaryDividend |
Dec 19, 2008 | $0.015 | CapitalGainShortTerm |
NMMGX - Fund Manager Analysis
Managers
Christopher Vella
Start Date
Tenure
Tenure Rank
Jan 05, 2012
10.41
10.4%
Christopher E. Vella, CFA, CIO, Senior Vice President of Northern Trust Investments, Inc, is the portfolio manager for each of the Funds. Mr. Vella has been with Northern Trust since 2004 and has been the Chief Investment Officer of Multi-Manager Solutions Group since 2011. Prior to taking on Chief Investment Officer responsibilities, Mr. Vella was the Global Director of Northern’s Manager Research Team.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 20.42 | 7.11 | 10.42 |