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AIRAX AR Capital Global Real Estate Income A

  • Fund
  • AIRAX
  • Price as of: Nov 09, 2016
  • $8.37
  • - $0.00
  • - 0.00%
  • Category
  • Global Real Estate

AIRAX - Profile

Vitals

  • YTD Return -3.1%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $2.52 M
  • Holdings in Top 10 39.4%

52 WEEK LOW AND HIGH

$8.37
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 5.01%

SALES FEES

  • Front Load 4.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 289.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

N/A

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return -1.2%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.26%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name AR Capital Global Real Estate Income Fund
  • Fund Family Name AR Capital
  • Inception Date Aug 07, 2014
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Christopher Pike

Fund Description

The fund invests substantially all (and under normal market conditions, at least 80%) of its net assets (plus any borrowings for investment purposes) in income producing real estate securities. It invests in both equity and debt securities, and invests to a substantial degree in securities issued by REITs. The fund may invest up to 15% of its net assets in illiquid securities. It is non-diversified.

AIRAX - Performance

Return Ranking - Trailing

Period AIRAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -3.1% -100.0% 25.7% 76.50% 5
1 Yr 0.3% -100.0% 15.7% 66.67% 4
3 Yr N/A * -100.0% 13.6% N/A N/A
5 Yr N/A * -100.0% 9.7% N/A N/A
10 Yr N/A * -3.9% 6.3% N/A N/A

* Annualized


Return Ranking - Calendar

Period AIRAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 -9.2% -19.8% 30.7% 89.07% 5
2016 N/A -51.8% 42.6% N/A N/A
2015 N/A -44.3% 12.6% N/A N/A
2014 N/A -17.6% 19.4% N/A N/A
2013 N/A -9.5% 43.2% N/A N/A

Total Return Ranking - Trailing

Period AIRAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -1.2% -100.0% 25.7% 59.89% 4
1 Yr -4.2% -100.0% 19.3% 88.52% 5
3 Yr N/A * -100.0% 14.8% N/A N/A
5 Yr N/A * -100.0% 12.8% N/A N/A
10 Yr N/A * -2.3% 7.9% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period AIRAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 -4.2% -19.8% 30.7% 81.32% 5
2016 N/A -29.6% 46.1% N/A N/A
2015 N/A -6.7% 61.9% N/A N/A
2014 N/A -16.6% 24.6% N/A N/A
2013 N/A -5.1% 84.5% N/A N/A

NAV & Total Return History

AIRAX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

AIRAX Category Low Category High AIRAX % Rank Quintile
Net Assets 2.52 M 1.21 M 7.64 B 34.24% 5
Number of Holdings 56 25 627 20.65% 5
Net Assets in Top 10 1.21 M 443 K 5.16 B 34.24% 5
Weighting of Top 10 39.4% 16.7% 68.7% 5.98% 1

Top 10 Holdings

  1. SL Green Realty Corp 3.47%
  2. AvalonBay Communities Inc 4.02%
  3. Physicians Realty Trust 8.01%
  4. Duke Realty Corp 3.91%
  5. Unibail-Rodamco SE 3.62%
  6. Brixmor Property Group Inc 3.53%
  7. Liberty Property Trust 3.49%
  8. Blackstone Mortgage Trust Inc A 3.40%
  9. Lexington Realty Trust 3.00%
  10. Vonovia SE 2.97%

Asset Allocation

Weighting Category Low Category High AIRAX % Rank Quintile
Stocks
93.83% 56.87% 103.67% 28.80% 5
Cash
6.17% -4.49% 18.89% 2.17% 1
Preferred Stocks
0.00% 0.00% 11.32% 2.17% 1
Other
0.00% 0.00% 8.70% 26.63% 4
Convertible Bonds
0.00% 0.00% 0.68% 1.09% 1
Bonds
0.00% 0.00% 19.38% 4.89% 1

Stock Sector Breakdown

Weighting Category Low Category High AIRAX % Rank Quintile
Real Estate
93.83% 51.63% 103.51% 15.76% 3
Utilities
0.00% 0.00% 1.23% 2.17% 1
Technology
0.00% 0.00% 6.47% 7.61% 2
Industrials
0.00% 0.00% 3.84% 10.33% 2
Healthcare
0.00% 0.00% 4.84% 12.50% 3
Financial Services
0.00% 0.00% 6.92% 6.52% 1
Energy
0.00% 0.00% 0.95% 1.63% 1
Communication Services
0.00% 0.00% 5.36% 13.04% 2
Consumer Defense
0.00% 0.00% 0.00% 0.54% 1
Consumer Cyclical
0.00% 0.00% 20.73% 25.54% 4
Basic Materials
0.00% 0.00% 2.58% 9.78% 2

Stock Geographic Breakdown

Weighting Category Low Category High AIRAX % Rank Quintile
US
60.66% 0.00% 98.73% 1.63% 1
Non US
33.17% 0.00% 97.52% 31.52% 5

AIRAX - Expenses

Operational Fees

AIRAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 5.01% 0.12% 14.81% 2.17% 5
Management Fee 0.90% 0.09% 1.11% 4.35% 4
12b-1 Fee 0.25% 0.00% 1.00% 6.36% 1
Administrative Fee 0.26% 0.01% 0.26% 0.96% 5

Sales Fees

AIRAX Fees (% of AUM) Category Low Category High AIRAX Rank Quintile
Front Load 4.50% 0.00% 5.75% 13.16% 1
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

AIRAX Fees (% of AUM) Category Low Category High AIRAX Rank Quintile
Max Redemption Fee N/A 0.25% 2.00% N/A N/A

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.

AIRAX Fees (% of AUM) Category Low Category High AIRAX Rank Quintile
Turnover 289.00% 1.00% 289.00% 0.54% 5

AIRAX - Distributions

Dividend Yield Analysis

AIRAX Category Low Category High AIRAX % Rank Quintile
Dividend Yield N/A 0.01% 1.18% N/A N/A

Dividend Distribution Analysis

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

Net Income Ratio Analysis

AIRAX Category Low Category High AIRAX % Rank Quintile
Net Income Ratio 3.26% -0.05% 5.25% 3.80% 1

Capital Gain Distribution Analysis

AIRAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency N/A Annually Daily Annually

AIRAX - Managers

Christopher Pike

Manager

Start Date

Sep 05, 2014

Tenure

2.16

Tenure Rank

18.8%

Mr. Pike is the primary portfolio manager of the AR Capital Real Estate Income Fund since its inception. Prior to joining National Fund Advisors, Mr. Pike was the Director of Investment Research at AR Capital and Realty Capital Securities. His responsibilities included macro-economic, equity and commercial property research across the non-listed and publicly traded REIT sectors. He joined ARC/RCS in August 2011. Previously Mr. Pike was an equity research analyst at Merrill Lynch, UBS, and Wachovia. Additionally, he was a member of the real estate investment banking team at Goldman Sachs, focused on the origination and distribution of CMBS securities. He holds FINRA Series 7 and 63 licenses and is a Chartered Financial Analyst. He attended Rutgers College and Rutgers University.


Tenure Analysis

Category Low

0.0

Category High

22.1

Category Average

7.71

Category Mode

3.6