Terra Firma US Concntr Rlty Eq Inst
Name
As of 06/19/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$32.9 M
Holdings in Top 10
59.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.68%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 20.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$10,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/19/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
LREIX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio -0.17%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameTerra Firma US Concentrated Realty Equity Fund
-
Fund Family NameTerra Firma Asset Management
-
Inception DateSep 26, 2011
-
Shares Outstanding379169
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJay Leupp
Fund Description
LREIX - Performance
Return Ranking - Trailing
Period | LREIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -13.1% | 315.4% | 73.23% |
1 Yr | N/A | -43.6% | 198.5% | 20.83% |
3 Yr | N/A* | -15.7% | 43.2% | 52.33% |
5 Yr | N/A* | -15.4% | 22.1% | 59.41% |
10 Yr | N/A* | -7.2% | 10.9% | 59.33% |
* Annualized
Return Ranking - Calendar
Period | LREIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -51.3% | 81.2% | 76.73% |
2022 | N/A | -3.9% | 24.3% | 75.86% |
2021 | N/A | -14.7% | 10.5% | 77.38% |
2020 | 13.7% | -0.2% | 9.4% | 67.77% |
2019 | -11.5% | -7.1% | 0.8% | 57.27% |
Total Return Ranking - Trailing
Period | LREIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -22.8% | 315.4% | 73.23% |
1 Yr | N/A | -43.6% | 198.5% | 20.55% |
3 Yr | N/A* | -15.7% | 43.2% | 52.51% |
5 Yr | N/A* | -15.4% | 22.1% | 60.00% |
10 Yr | N/A* | -6.5% | 14.4% | 39.07% |
* Annualized
Total Return Ranking - Calendar
Period | LREIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -51.3% | 81.2% | 76.73% |
2022 | N/A | -3.9% | 24.3% | 75.86% |
2021 | N/A | -14.7% | 10.5% | 77.38% |
2020 | 43.4% | -0.2% | 9.4% | 6.61% |
2019 | -7.8% | -6.8% | 0.8% | 81.50% |
NAV & Total Return History
LREIX - Holdings
Concentration Analysis
LREIX | Category Low | Category High | LREIX % Rank | |
---|---|---|---|---|
Net Assets | 32.9 M | 2.85 M | 78.4 B | 85.77% |
Number of Holdings | 29 | 20 | 642 | 92.83% |
Net Assets in Top 10 | 22.5 M | 2.75 M | 35.2 B | 89.61% |
Weighting of Top 10 | 59.65% | 15.9% | 99.8% | 8.82% |
Top 10 Holdings
- Prologis Inc 11.82%
- Equinix Inc 8.97%
- Public Storage 5.83%
- Alexandria Real Estate Equities Inc 5.63%
- Essex Property Trust Inc 5.09%
- American Tower Corp 4.92%
- Simon Property Group Inc 4.87%
- Healthpeak Properties Inc 4.75%
- AvalonBay Communities Inc 4.54%
- Invitation Homes Inc 4.24%
Asset Allocation
Weighting | Return Low | Return High | LREIX % Rank | |
---|---|---|---|---|
Stocks | 98.44% | 0.01% | 106.94% | 60.93% |
Cash | 1.56% | -98.06% | 25.84% | 31.18% |
Preferred Stocks | 0.00% | -0.12% | 33.96% | 46.59% |
Other | 0.00% | -1.70% | 94.17% | 54.48% |
Convertible Bonds | 0.00% | 0.00% | 10.95% | 41.22% |
Bonds | 0.00% | -3.17% | 97.45% | 45.88% |
Stock Sector Breakdown
Weighting | Return Low | Return High | LREIX % Rank | |
---|---|---|---|---|
Real Estate | 97.81% | 34.46% | 100.00% | 68.18% |
Consumer Cyclical | 2.19% | 0.00% | 45.29% | 14.77% |
Utilities | 0.00% | 0.00% | 3.55% | 38.64% |
Technology | 0.00% | 0.00% | 12.02% | 55.68% |
Industrials | 0.00% | 0.00% | 7.39% | 42.80% |
Healthcare | 0.00% | 0.00% | 0.53% | 40.15% |
Financial Services | 0.00% | 0.00% | 37.05% | 45.45% |
Energy | 0.00% | 0.00% | 33.11% | 40.53% |
Communication Services | 0.00% | 0.00% | 11.61% | 45.83% |
Consumer Defense | 0.00% | 0.00% | 0.93% | 38.64% |
Basic Materials | 0.00% | 0.00% | 13.69% | 43.18% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | LREIX % Rank | |
---|---|---|---|---|
US | 98.44% | 0.01% | 101.17% | 48.03% |
Non US | 0.00% | 0.00% | 44.90% | 63.08% |
LREIX - Expenses
Operational Fees
LREIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.68% | 0.07% | 26.04% | 29.35% |
Management Fee | 0.75% | 0.00% | 1.50% | 52.86% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.45% | 9.46% |
Sales Fees
LREIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
LREIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | 51.16% |
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.
LREIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 20.00% | 0.11% | 380.00% | 18.77% |
LREIX - Distributions
Dividend Yield Analysis
LREIX | Category Low | Category High | LREIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 12.58% | 86.79% |
Dividend Distribution Analysis
LREIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
LREIX | Category Low | Category High | LREIX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.17% | -1.14% | 6.05% | 92.06% |
Capital Gain Distribution Analysis
LREIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 23, 2019 | $2.203 | OrdinaryDividend |
Aug 22, 2019 | $0.430 | OrdinaryDividend |
Dec 24, 2018 | $0.317 | OrdinaryDividend |
Dec 22, 2017 | $0.366 | OrdinaryDividend |
Dec 23, 2016 | $0.308 | OrdinaryDividend |
Dec 22, 2015 | $0.360 | OrdinaryDividend |
Dec 23, 2014 | $0.205 | OrdinaryDividend |
Dec 24, 2013 | $0.249 | OrdinaryDividend |
Dec 26, 2012 | $0.166 | OrdinaryDividend |
LREIX - Fund Manager Analysis
Managers
Jay Leupp
Start Date
Tenure
Tenure Rank
Dec 31, 2008
13.42
13.4%
Jay P. Leupp, a Managing Director of the Investment Manager, is a portfolio manager/analyst on the Investment Manager’s Global Real Estate Securities team. He began working in the investment field in 1994. Prior to joining Lazard Asset Management LLC in 2011, Mr. Leupp was the President and Chief Executive Officer of Alesco, which he founded in 2005.Prior to that, he served as Managing Director of Real Estate Equity Research at RBC Capital Markets (“RBC”) from 2002 to 2006. Prior to joining RBC, Leupp served as Managing Director of Real Estate Equity Research at Robertson Stephens & Co., Inc. From 1991 to 1994, he served as Vice President of the Staubach Company. Jay holds an MBA from Harvard University and a bachelor’s degree from Santa Clara University. Jay is a member of the board of directors of Chaminade College Preparatory, Los Angeles; G.W. Williams Company; and United American Bank. He is also a member of the Santa Clara University board of regents; policy board of the Fisher Center for Real Estate at the University of California, Berkeley.
Christopher Hartung
Start Date
Tenure
Tenure Rank
Sep 13, 2018
3.72
3.7%
Christopher Hartung, a Director of Lazard Asset Management LLC, is a portfolio manager/analyst on Lazard's Global Real Estate Securities team. Prior to joining Lazard in 2011, Mr. Hartung was Senior Advisor at Grubb & Ellis Alesco Global Advisors, LLC responsible for alternative investment strategies, capital markets, product development and research. He began working in the investment field in 1990.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 28.42 | 7.89 | 2.23 |