National Storage Affiliates Trust

Frequently Asked Questions About NSA

What does NSA invest in?

National Storage Affiliates Trust is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self-storage properties predominantly located within the top 100 metropolitan statistical areas throughout the United States. As of September 30, 2025, the Company held ownership interests in and operated 1,069 self-storage properties, located in 37 states and Puerto Rico with approximately 69.8 million rentable square feet. NSA is one of the largest owners and operators of self-storage properties among public and private companies in the United States. National Storage Affiliates Trust was incorporated in 2013 in Maryland, USA.

What is the expense ratio of NSA?

An expense ratio for National Storage Affiliates Trust (NSA) 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 NSA?

National Storage Affiliates Trust (NSA) manages $3.35B 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 NSA actively managed or an index fund?

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

When was NSA launched?

National Storage Affiliates Trust (NSA) launched in April 2015 and is managed by the fund issuer.

How has NSA performed?

NSA'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.