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AARIX ASTON/Harrison Street Real Estate I

  • Fund
  • AARIX
  • Price as of: Aug 26, 2008
  • $8.60
  • + $0.09
  • + 1.06%
  • Category
  • Real Estate

AARIX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $10.1 M
  • Holdings in Top 10 46.8%

52 WEEK LOW AND HIGH

$8.60
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.95%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 150.16%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

Closed to new investors as of 2016-06-27

STANDARD (TAXABLE)

$1,000,000

IRA

N/A

Investment Themes

CATEGORY

Real Estate
  • Fund Type Open End Mutual Fund
  • Investment Style Real Estate

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.59%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name ASTON/Harrison Street Real Estate Fund
  • Fund Family Name Aston
  • Inception Date Sep 20, 2005
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager James H. Kammert

Fund Description

Under normal conditions, the fund invests at least 80% of its assets in real estate investment trusts ("REITs") and common stocks and other equity securities of U.S. and foreign companies principally engaged in the real estate sector. The fund emphasizes publicly traded real estate-related securities of companies domiciled in the United States and Canada. The fund does not invest in real estate directly. It is non-diversified.

AARIX - Performance

Return Ranking - Trailing

Period AARIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -59.9% 9.7% 20.56% 2
1 Yr -40.6% -40.6% 34.3% 99.60% 5
3 Yr N/A * -8.0% 14.3% N/A N/A
5 Yr N/A * 2.7% 12.3% N/A N/A
10 Yr N/A * 3.5% 20.5% N/A N/A

* Annualized


Return Ranking - Calendar

Period AARIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.0% -23.9% 25.4% 46.22% 3
2016 0.0% -18.4% 21.0% 38.30% 3
2015 0.0% -21.2% 29.1% 19.40% 2
2014 0.0% -12.1% 31.5% 85.58% 5
2013 0.0% -23.2% 27.2% 23.27% 2

Total Return Ranking - Trailing

Period AARIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -100.0% 9.7% 20.83% 2
1 Yr -19.9% -19.9% 90.7% 100.00% 5
3 Yr N/A * -0.6% 14.3% N/A N/A
5 Yr N/A * 2.7% 12.3% N/A N/A
10 Yr N/A * 3.3% 20.5% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period AARIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.0% -16.4% 25.4% 50.00% 3
2016 0.0% -16.3% 40.1% 55.41% 3
2015 0.0% -13.5% 41.9% 84.65% 5
2014 0.0% -2.7% 82.5% 96.68% 5
2013 0.0% -28.3% 30.3% 85.86% 5

NAV & Total Return History

AARIX - Holdings

Filings data as of: May 31, 2016

Concentration Analysis

AARIX Category Low Category High AARIX % Rank Quintile
Net Assets 10.1 M 553 K 59.2 B 37.55% 5
Number of Holdings 44 5 686 15.02% 3
Net Assets in Top 10 4.8 M 711 K 23.2 B 35.97% 5
Weighting of Top 10 46.8% 3.7% 151.2% 17.79% 3

Top 10 Holdings

  1. Simon Property Group Inc 7.80%
  2. American Tower Corp 6.80%
  3. Boston Properties Inc 3.21%
  4. Essex Property Trust Inc 4.28%
  5. Welltower Inc 4.22%
  6. Prologis Inc 3.40%
  7. Extra Space Storage Inc 3.78%
  8. Equinix Inc 5.17%
  9. Equity Residential 4.97%
  10. Macerich Co 3.16%

Asset Allocation

Weighting Category Low Category High AARIX % Rank Quintile
Stocks
100.05% 1.09% 100.05% 0.40% 1
Preferred Stocks
0.00% 0.00% 45.34% 6.32% 5
Other
0.00% -0.82% 108.20% 7.91% 5
Convertible Bonds
0.00% 0.00% 5.72% 3.16% 5
Bonds
0.00% 0.00% 108.71% 5.14% 5
Cash
-0.05% -109.96% 74.22% 33.20% 5

Stock Sector Breakdown

Weighting Category Low Category High AARIX % Rank Quintile
Real Estate
90.40% 0.00% 100.00% 23.72% 4
Communication Services
6.80% -0.33% 13.23% 3.56% 1
Consumer Cyclical
2.85% -0.23% 37.50% 5.53% 1
Utilities
0.00% 0.00% 16.80% 1.58% 5
Technology
0.00% 0.00% 9.75% 7.91% 5
Industrials
0.00% -0.04% 11.94% 8.70% 5
Healthcare
0.00% 0.00% 5.63% 3.95% 5
Financial Services
0.00% 0.00% 10.65% 5.53% 5
Energy
0.00% 0.00% 38.67% 2.37% 5
Consumer Defense
0.00% 0.00% 1.07% 1.98% 5
Basic Materials
0.00% -0.08% 34.39% 12.65% 5

Stock Geographic Breakdown

Weighting Category Low Category High AARIX % Rank Quintile
US
100.05% 1.00% 100.05% 0.40% 1
Non US
0.00% 0.00% 47.52% 12.65% 5

AARIX - Expenses

Operational Fees

AARIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.95% 0.07% 11.43% 18.58% 4
Management Fee 1.00% 0.00% 1.20% 2.37% 5
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee 0.04% 0.01% 0.40% 12.50% 2

Sales Fees

AARIX Fees (% of AUM) Category Low Category High AARIX Rank Quintile
Front Load N/A 2.50% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

AARIX Fees (% of AUM) Category Low Category High AARIX Rank Quintile
Max Redemption Fee 2.00% 0.75% 2.00% 2.33% 5

Turnover 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.

AARIX Fees (% of AUM) Category Low Category High AARIX Rank Quintile
Turnover 150.16% 0.00% 1060.00% 3.16% 5

AARIX - Distributions

Dividend Yield Analysis

AARIX Category Low Category High AARIX % Rank Quintile
Dividend Yield 0.2% 0.01% 6.48% 78.05% 5

Dividend Distribution Analysis

AARIX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

AARIX Category Low Category High AARIX % Rank Quintile
Net Income Ratio 1.59% -0.56% 4.97% 30.43% 3

Capital Gain Distribution Analysis

AARIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

AARIX - Managers

James H. Kammert

Manager

Start Date

Jun 30, 2011

Tenure

5.01

Tenure Rank

18.2%

Mr. Kammert is a principal and portfolio manager as well as a member of the Board of Managers of HSS. Mr. Kammert founded HSS in March 2005, in association with TIC and Mr. Pratt. Along with Mr. Pratt, Mr. Kammert is responsible for managing the public real estate securities portfolios of HSS. Mr. Kammert joined HSS in August 2005. From 2003 through mid-2005, Mr. Kammert was Director of Research for European Investors, Inc. Prior to joining European Investors, Mr. Kammert was Vice President and co-head of Goldman Sachs & Co.’s U.S. REIT research team for over four years. Mr. Kammert graduated from Lafayette College with a BA in Economics & Business and earned an MBA from the University of Chicago. Mr. Kammert holds the Chartered Financial Analyst designation and is a CPA.


Tenure Analysis

Category Low

0.2

Category High

24.9

Category Average

8.02

Category Mode

3.9