North European Oil Royalty Trust

Frequently Asked Questions About NRT

What does NRT invest in?

The North European Oil Royalty Trust (NEORT) functions as a grantor trust, possessing overriding royalty interests tied to petroleum and natural gas extraction from various licensed areas and concessions within Germany. These rights stem from agreements with the German exploration and development divisions of major energy firms, specifically ExxonMobil Corporation and the Royal Dutch/Shell Group. The trust earns royalties from the sale of a range of hydrocarbon products, including natural gas from gas wells, associated gas from oil wells, crude petroleum, condensate, and sulfur. Its administrative headquarters are situated in Keene, New Hampshire.

What is the expense ratio of NRT?

An expense ratio for North European Oil Royalty Trust (NRT) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is NRT?

North European Oil Royalty Trust (NRT) manages $77.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is NRT actively managed or an index fund?

NRT's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was NRT launched?

North European Oil Royalty Trust (NRT) launched in March 1980 and is managed by the fund issuer.

How has NRT performed?

NRT's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.