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Northern Multi-Manager Global Listed Infrastructure Fund
mutual fund
NMFIX
Dividend policy
Active
Price as of:
$13.4
-0.03
0%
primary theme
Infrastructure Industry Equity
share class
NMFIX (Mutual Fund)
Northern Multi-Manager Global Listed Infrastructure Fund
Dividend policy
Active
Price as of:
$13.4
-0.03
0%
primary theme
Infrastructure Industry Equity
share class
NMFIX (Mutual Fund)
Northern Multi-Manager Global Listed Infrastructure Fund
Dividend policy
Active
Price as of:
$13.4
-0.03
0%
primary theme
Infrastructure Industry Equity
share class
NMFIX - Snapshot
Vitals
- YTD Return 6.5%
- 3 Yr Annualized Return 5.3%
- 5 Yr Annualized Return 7.0%
- Net Assets $1.17 B
- Holdings in Top 10 32.8%
52 WEEK LOW AND HIGH
$13.43
$10.76
$13.43
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.98%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 80.41%
TRADING FEES
- Max Redemption Fee 2.00%
Min Investment
- Standard (Taxable) $2,500
- IRA $500
Fund Classification
- Primary Theme Infrastructure Industry Equity
- Fund Type Open End Mutual Fund
- Investment Style Infrastructure
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$15.44
-0.52%
$8.08 B
1.41%
$0.22
blocked
blocked
blocked
5.39%
0.96%
$16.98
-0.53%
$1.32 B
1.01%
$0.17
blocked
blocked
blocked
7.26%
1.14%
$13.40
-0.22%
$1.17 B
0.88%
$0.12
blocked
blocked
blocked
6.52%
0.98%
$18.62
+0.05%
$750.80 M
2.27%
$0.42
blocked
blocked
blocked
5.62%
0.58%
$14.51
+0.14%
$523.97 M
1.12%
$0.16
blocked
blocked
blocked
8.53%
1.02%
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$57.24
-0.76%
$2.43 B
2.00%
$1.15
blocked
blocked
blocked
7.11%
0.48%
$44.84
-0.23%
$163.82 M
2.84%
$1.27
blocked
blocked
blocked
9.72%
0.46%
$45.40
-1.39%
$42.16 M
0.61%
$0.28
blocked
blocked
blocked
9.74%
0.45%
Legg Mason Global Infrastructure ETF
INFR | ETF
$31.30
-0.57%
$12.34 M
2.67%
$0.84
blocked
blocked
blocked
6.83%
0.45%
AGFiQ Global Infrastructure ETF
GLIF | ETF
$25.97
-0.15%
$2.51 M
2.37%
$0.62
blocked
blocked
blocked
9.35%
6.81%
NMFIX - Profile
Distributions
- YTD Total Return 6.5%
- 3 Yr Annualized Total Return 5.3%
- 5 Yr Annualized Total Return 7.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.45%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameNorthern Multi-Manager Global Listed Infrastructure Fund
-
Fund Family NameNorthern Funds
-
Inception DateSep 18, 2012
-
Shares OutstandingN/A
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerChristopher Vella
Fund Description
The fund will invest, under normal circumstances, at least 80% of its net assets (plus borrowings for investment purposes) in securities of infrastructure companies listed on a domestic or foreign exchange. It invests primarily in equity securities, including common stock and preferred stock, of infrastructure companies. The fund normally will invest at least 40%, and may invest up to 100%, of its net assets in the securities of infrastructure companies economically tied to a foreign (non-U.S.) country, including emerging and frontier market countries. It is non-diversified.
NMFIX - Performance
Return Ranking - Trailing
| Period | NMFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.5% | -4.9% | 21.2% | 58.59% |
| 1 Yr | 25.8% | 17.6% | 102.9% | 51.58% |
| 3 Yr | 5.3%* | 4.9% | 16.8% | 96.63% |
| 5 Yr | 7.0%* | 5.1% | 10.3% | 60.81% |
| 10 Yr | N/A* | 5.5% | 10.7% | N/A |
* Annualized
Return Ranking - Calendar
| Period | NMFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -4.8% | -12.9% | 28.8% | 53.76% |
| 2019 | 21.2% | 9.9% | 33.6% | 71.91% |
| 2018 | -18.5% | -19.8% | -5.3% | 94.94% |
| 2017 | 13.4% | 4.0% | 18.0% | 32.35% |
| 2016 | 6.3% | -1.0% | 11.4% | 49.09% |
Total Return Ranking - Trailing
| Period | NMFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.5% | -4.9% | 19.0% | 56.57% |
| 1 Yr | 25.8% | 13.6% | 102.9% | 41.05% |
| 3 Yr | 5.3%* | 3.8% | 16.8% | 91.01% |
| 5 Yr | 7.0%* | 4.7% | 10.3% | 54.05% |
| 10 Yr | N/A* | 5.5% | 10.7% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | NMFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -4.8% | -12.9% | 28.8% | 53.76% |
| 2019 | 21.2% | 9.9% | 33.6% | 71.91% |
| 2018 | -16.7% | -19.8% | -3.9% | 88.61% |
| 2017 | 22.0% | 4.0% | 22.0% | 1.47% |
| 2016 | 9.0% | -1.0% | 15.7% | 30.91% |
NAV & Total Return History
NMFIX - Holdings
Concentration Analysis
| NMFIX | Category Low | Category High | NMFIX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.17 B | 1.63 M | 8.08 B | 12.87% |
| Number of Holdings | 85 | 26 | 241 | 22.77% |
| Net Assets in Top 10 | 366 M | 659 K | 4.75 B | 12.87% |
| Weighting of Top 10 | 32.76% | 8.1% | 71.7% | 80.20% |
Top 10 Holdings
- Transurban Group 5.15%
- Transurban Group 5.15%
- Transurban Group 5.15%
- Transurban Group 5.15%
- Transurban Group 5.15%
- Transurban Group 5.15%
- Transurban Group 5.15%
- Transurban Group 5.15%
- Transurban Group 5.15%
- Transurban Group 5.15%
Asset Allocation
| Weighting | Return Low | Return High | NMFIX % Rank | |
|---|---|---|---|---|
| Stocks | 99.62% | 85.25% | 141.23% | 19.80% |
| Bonds | 0.37% | 0.00% | 6.23% | 1.98% |
| Preferred Stocks | 0.00% | 0.00% | 4.64% | 77.23% |
| Other | 0.00% | -43.96% | 8.71% | 83.17% |
| Convertible Bonds | 0.00% | 0.00% | 3.18% | 76.24% |
| Cash | 0.00% | -3.02% | 8.00% | 93.07% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | NMFIX % Rank | |
|---|---|---|---|---|
| Utilities | 54.05% | 0.00% | 92.03% | 24.75% |
| Industrials | 31.10% | 0.00% | 72.25% | 33.66% |
| Energy | 7.28% | 0.00% | 28.70% | 81.19% |
| Real Estate | 5.55% | 0.00% | 68.10% | 67.33% |
| Communication Services | 1.52% | 0.00% | 33.67% | 80.20% |
| Technology | 0.50% | 0.00% | 23.99% | 23.76% |
| Healthcare | 0.00% | 0.00% | 6.56% | 76.24% |
| Financial Services | 0.00% | 0.00% | 11.35% | 79.21% |
| Consumer Defense | 0.00% | 0.00% | 0.00% | 76.24% |
| Consumer Cyclical | 0.00% | 0.00% | 8.51% | 78.22% |
| Basic Materials | 0.00% | 0.00% | 38.65% | 83.17% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | NMFIX % Rank | |
|---|---|---|---|---|
| Non US | 58.02% | 0.00% | 98.45% | 29.70% |
| US | 41.60% | 0.00% | 99.87% | 68.32% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | NMFIX % Rank | |
|---|---|---|---|---|
| Government | 100.00% | 0.00% | 100.00% | 0.99% |
| Derivative | 0.00% | 0.00% | 85.14% | 76.24% |
| Cash & Equivalents | 0.00% | 0.00% | 100.00% | 100.00% |
| Securitized | 0.00% | 0.00% | 0.00% | 76.24% |
| Corporate | 0.00% | 0.00% | 61.30% | 77.23% |
| Municipal | 0.00% | 0.00% | 0.00% | 76.24% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | NMFIX % Rank | |
|---|---|---|---|---|
| US | 0.37% | -3.68% | 0.37% | 0.99% |
| Non US | 0.00% | 0.00% | 9.91% | 76.24% |
NMFIX - Expenses
Operational Fees
| NMFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.98% | 0.40% | 20.65% | 83.00% |
| Management Fee | 0.90% | 0.40% | 1.25% | 82.18% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.04% | 0.15% | 85.35% |
Sales Fees
| NMFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| NMFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 2.00% | 2.00% | 2.00% | 75.00% |
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.
| NMFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 80.41% | 1.75% | 322.82% | 75.51% |
NMFIX - Distributions
Dividend Yield Analysis
| NMFIX | Category Low | Category High | NMFIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 1.76% | 78.22% |
Dividend Distribution Analysis
| NMFIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Semi-Annually | Monthly | Semi-Annually |
Net Income Ratio Analysis
| NMFIX | Category Low | Category High | NMFIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.45% | -0.41% | 4.24% | 17.00% |
Capital Gain Distribution Analysis
| NMFIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Mar 25, 2019 | $0.056 |
| Sep 24, 2018 | $0.047 |
| Jun 25, 2018 | $0.229 |
| Sep 25, 2017 | $0.029 |
| Jun 26, 2017 | $0.191 |
| Mar 23, 2017 | $0.001 |
| Dec 15, 2016 | $0.149 |
| Sep 26, 2016 | $0.029 |
| Jun 23, 2016 | $0.108 |
| Mar 23, 2016 | $0.013 |
| Dec 17, 2015 | $0.069 |
| Sep 24, 2015 | $0.035 |
| Jun 24, 2015 | $0.119 |
| Sep 24, 2014 | $0.025 |
| Jun 24, 2014 | $0.109 |
| Mar 24, 2014 | $0.024 |
| Sep 24, 2013 | $0.042 |
| Jun 24, 2013 | $0.112 |
| Mar 25, 2013 | $0.002 |
| Dec 19, 2012 | $0.097 |
NMFIX - Fund Manager Analysis
Managers
Christopher Vella
Start Date
Tenure
Tenure Rank
Sep 18, 2012
8.54
8.5%
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 |
|---|---|---|---|
| 0.08 | 17.01 | 6.07 | 6.92 |
