Northern Multi-Manager Global Real Estate Fund (NMMGX)
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.
Fund Info
US6651624750
665162475
Nov 18, 2008
$2,500
Large-Cap
Blend
Expense Ratio
NMMGX has an expense ratio of 0.92%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Northern Multi-Manager Global Real Estate Fund (NMMGX) returned 2.80% year-to-date (YTD) and 8.87% over the past 12 months. Over the past 10 years, NMMGX returned -1.32% annually, underperforming the S&P 500 benchmark at 10.84%.
NMMGX
2.80%
3.03%
-4.81%
8.87%
-1.49%
4.25%
-1.32%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of NMMGX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.17% | 1.25% | -2.78% | 0.78% | 2.43% | 2.80% | |||||||
| 2024 | -4.05% | 0.59% | 3.28% | -7.20% | 4.29% | 0.01% | 6.01% | 4.83% | 2.73% | -5.22% | 2.20% | -7.07% | -0.85% |
| 2023 | 9.37% | -4.79% | -2.14% | 2.10% | -4.59% | 3.01% | 3.00% | -2.62% | -6.57% | -4.83% | 11.16% | 8.37% | 9.85% |
| 2022 | -6.99% | -2.77% | 3.41% | -3.85% | -4.74% | -8.25% | 7.98% | -6.70% | -12.57% | 2.36% | 7.43% | -3.12% | -26.24% |
| 2021 | -0.83% | 3.06% | 2.45% | 6.60% | 1.98% | 1.53% | 4.72% | 1.53% | -5.37% | 5.34% | -1.89% | 5.87% | 27.22% |
| 2020 | 0.52% | -7.24% | -19.42% | 6.57% | 2.16% | 2.35% | 4.04% | 2.19% | -2.36% | -2.31% | 8.83% | 3.73% | -4.14% |
| 2019 | 10.54% | 0.28% | 3.33% | -0.54% | 0.18% | 2.06% | -0.36% | 2.68% | 1.79% | 2.49% | -0.92% | 0.44% | 23.72% |
| 2018 | -0.37% | -6.20% | 3.26% | 1.44% | 1.14% | 2.72% | 0.74% | 0.64% | -1.96% | -3.27% | 3.00% | -6.40% | -5.73% |
| 2017 | 0.38% | 2.29% | -0.83% | 1.60% | 0.83% | 1.02% | 1.73% | -0.36% | -0.65% | -0.27% | 2.00% | 0.60% | 8.61% |
| 2016 | -4.14% | -1.08% | 9.03% | -0.34% | 0.59% | 3.85% | 4.70% | -1.55% | -1.32% | -5.35% | -2.28% | -6.76% | -5.57% |
| 2015 | 4.36% | -0.30% | -0.09% | -1.68% | -0.92% | -4.33% | 3.70% | -5.70% | 1.44% | 5.12% | -2.31% | -24.89% | -25.86% |
| 2014 | -1.41% | 4.16% | 0.30% | 2.20% | 3.20% | 1.17% | 0.06% | 0.73% | -6.08% | 6.82% | 0.22% | -10.27% | -0.05% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NMMGX is 32, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Northern Multi-Manager Global Real Estate Fund (NMMGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Northern Multi-Manager Global Real Estate Fund provided a 2.35% dividend yield over the last twelve months, with an annual payout of $0.25 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.25 | $0.25 | $0.27 | $0.10 | $0.37 | $0.19 | $0.53 | $0.59 | $0.60 | $1.62 | $4.27 | $2.19 |
Dividend yield | 2.35% | 2.39% | 2.58% | 1.04% | 2.70% | 1.78% | 4.58% | 6.04% | 5.53% | 15.48% | 36.84% | 13.64% |
Monthly Dividends
The table displays the monthly dividend distributions for Northern Multi-Manager Global Real Estate Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | |||||||
| 2024 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.07 | $0.25 |
| 2023 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.27 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.01 | $0.10 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.28 | $0.37 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.13 | $0.19 |
| 2019 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.32 | $0.53 |
| 2018 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.33 | $0.59 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.53 | $0.60 |
| 2016 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $1.44 | $1.62 |
| 2015 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $4.07 | $4.27 |
| 2014 | $0.01 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $2.06 | $2.19 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Northern Multi-Manager Global Real Estate Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Northern Multi-Manager Global Real Estate Fund was 54.92%, occurring on Mar 23, 2020. The portfolio has not yet recovered.
The current Northern Multi-Manager Global Real Estate Fund drawdown is 27.12%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -54.92% | May 9, 2013 | 1730 | Mar 23, 2020 | — | — | — |
| -36.54% | Jan 7, 2009 | 42 | Mar 9, 2009 | 57 | May 29, 2009 | 99 |
| -24.75% | Nov 8, 2010 | 228 | Oct 3, 2011 | 361 | Mar 14, 2013 | 589 |
| -14.02% | Apr 15, 2010 | 37 | Jun 7, 2010 | 62 | Sep 2, 2010 | 99 |
| -10.45% | Jan 12, 2010 | 19 | Feb 8, 2010 | 23 | Mar 12, 2010 | 42 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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