GCREX: Griffin Institutional Access Real Estate Fund - MutualFunds.com
Continue to site >
Trending ETFs

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Griffin Institutional Access Real Estt C

GCREX - Snapshot

Vitals

  • YTD Return 8.4%
  • 3 Yr Annualized Return 4.3%
  • 5 Yr Annualized Return 4.6%
  • Net Assets $N/A
  • Holdings in Top 10 38.7%

52 WEEK LOW AND HIGH

$26.15
$23.75
$26.21

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.75%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 22.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $1,000

Fund Classification


Compare GCREX to Popular Real Estate Sector Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$106.15

+0.02%

$77.34 B

2.44%

$2.59

25.15%

0.12%

$35.32

+0.17%

$77.34 B

-

$0.00

25.12%

0.26%

$47.50

+0.19%

$10.60 B

2.08%

$0.99

26.60%

0.18%

$25.67

+0.20%

$8.98 B

3.11%

$0.80

25.22%

0.08%

$19.22

+0.05%

$7.64 B

2.14%

$0.41

25.29%

1.13%

GCREX - Profile

Distributions

  • YTD Total Return 8.4%
  • 3 Yr Annualized Total Return 4.3%
  • 5 Yr Annualized Total Return 4.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.68%
DIVIDENDS
  • Dividend Yield 5.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Griffin Institutional Access Real Estate Fund
  • Fund Family Name
    Griffin Capital
  • Inception Date
    Aug 10, 2015
  • Shares Outstanding
    19477430
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Randy Anderson

Fund Description

The fund pursues its investment objective by strategically investing across private institutional real estate investment funds as well as a diversified set of public real estate securities. This approach enables the Adviser to allocate between public and private real estate securities, and allows the fund to invest across a diversified set of investment managers and strategies as well as providing investment exposure across property types and geographies. It is non-diversified.


GCREX - Performance

Return Ranking - Trailing

Period GCREX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.4% -32.9% 34.2% 91.48%
1 Yr 12.2% 2.1% 61.1% 98.01%
3 Yr 4.3%* -6.3% 25.4% 93.24%
5 Yr 4.6%* -0.8% 20.5% 92.28%
10 Yr N/A* 3.3% 16.6% N/A

* Annualized

Return Ranking - Calendar

Period GCREX Return Category Return Low Category Return High Rank in Category (%)
2020 -8.6% -53.9% 35.0% 50.91%
2019 1.8% -0.8% 43.1% 97.33%
2018 -1.4% -44.0% 4.9% 5.31%
2017 0.3% -16.4% 25.4% 62.44%
2016 0.8% -13.1% 340.0% 40.38%

Total Return Ranking - Trailing

Period GCREX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.4% -32.9% 34.7% 91.48%
1 Yr 11.2% 2.1% 61.1% 96.15%
3 Yr 4.3%* -6.3% 25.4% 92.41%
5 Yr 4.6%* -0.8% 20.5% 90.75%
10 Yr N/A* 2.9% 16.6% N/A

* Annualized

Total Return Ranking - Calendar

Period GCREX Return Category Return Low Category Return High Rank in Category (%)
2020 -8.6% -53.9% 35.0% 50.91%
2019 1.8% -0.8% 43.1% 97.33%
2018 1.2% -43.3% 4.9% 4.90%
2017 5.7% -13.6% 31.4% 28.96%
2016 3.5% -12.3% 13.4% 60.58%

NAV & Total Return History


GCREX - Holdings

Concentration Analysis

GCREX Category Low Category High GCREX % Rank
Net Assets N/A 1.35 M 77.3 B N/A
Number of Holdings 128 12 613 10.34%
Net Assets in Top 10 1.49 B 3.46 K 35.2 B 12.23%
Weighting of Top 10 38.65% 15.7% 98.1% 87.78%

Top 10 Holdings

  1. Morgan Stanley Prime Property Fund 6.12%
  2. Morgan Stanley Prime Property Fund 6.12%
  3. Morgan Stanley Prime Property Fund 6.12%
  4. Morgan Stanley Prime Property Fund 6.12%
  5. Morgan Stanley Prime Property Fund 6.12%
  6. Morgan Stanley Prime Property Fund 6.12%
  7. Morgan Stanley Prime Property Fund 6.12%
  8. Morgan Stanley Prime Property Fund 6.12%
  9. Morgan Stanley Prime Property Fund 6.12%
  10. Morgan Stanley Prime Property Fund 6.12%

Asset Allocation

Weighting Return Low Return High GCREX % Rank
Other
59.67% -0.93% 94.14% 4.70%
Stocks
34.68% 2.48% 104.50% 91.54%
Cash
3.45% -111.00% 35.28% 10.97%
Preferred Stocks
2.20% -0.12% 32.57% 11.29%
Convertible Bonds
0.00% 0.00% 6.50% 29.47%
Bonds
0.00% -8.57% 112.18% 35.42%

Stock Sector Breakdown

Weighting Return Low Return High GCREX % Rank
Real Estate
100.00% 38.14% 100.00% 15.46%
Utilities
0.00% 0.00% 5.86% 28.95%
Technology
0.00% 0.00% 20.70% 36.84%
Industrials
0.00% 0.00% 13.46% 31.91%
Healthcare
0.00% 0.00% 36.27% 28.29%
Financial Services
0.00% 0.00% 37.05% 38.49%
Energy
0.00% 0.00% 33.11% 26.97%
Communication Services
0.00% 0.00% 10.09% 29.93%
Consumer Defense
0.00% 0.00% 3.22% 26.97%
Consumer Cyclical
0.00% 0.00% 32.05% 59.21%
Basic Materials
0.00% 0.00% 16.15% 28.29%

Stock Geographic Breakdown

Weighting Return Low Return High GCREX % Rank
US
34.68% 2.48% 100.98% 91.22%
Non US
0.00% -1.84% 30.43% 47.65%

GCREX - Expenses

Operational Fees

GCREX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.75% 0.07% 5.55% 3.51%
Management Fee 1.50% 0.00% 1.50% 98.98%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

GCREX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 52.73%

Trading Fees

GCREX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

GCREX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 22.00% 2.00% 499.00% 18.75%

GCREX - Distributions

Dividend Yield Analysis

GCREX Category Low Category High GCREX % Rank
Dividend Yield 4.97% 0.00% 2.94% 32.60%

Dividend Distribution Analysis

GCREX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Quarterly

Net Income Ratio Analysis

GCREX Category Low Category High GCREX % Rank
Net Income Ratio 0.68% -0.81% 6.17% 86.36%

Capital Gain Distribution Analysis

GCREX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Dividend Payout History

View More +

GCREX - Fund Manager Analysis

Managers

Randy Anderson


Start Date

Tenure

Tenure Rank

Jun 30, 2014

7.01

7.0%

Randy I. Anderson Ph.D., CRE, serves as Chief Investment Officer of Griffin Capital Advisor, LLC, and as Chairman of the Board of Trustees and the Portfolio Manager, positions he has held since our formation. Additionally, Dr. Anderson serves as the Chief Economist of Griffin Capital Corporation, a position he has held since joining Griffin Capital Corporation in 2014. Dr. Anderson has also been Executive Vice President of Griffin Benefit-Street Partners BDC Corp. and its registered investment adviser, Griffin Capital BDC Advisor, LLC since May 2014. In addition, Dr. Anderson serves as President of Griffin Capital Asset Management Company, LLC, and has held such position since September 2015. From 2012-2013, Dr. Anderson held several senior executive positions at Bluerock Real Estate LLC. Dr. Anderson served as the Howard Phillips Eminent Scholar Chair and Professor of Real Estate at the University of Central Florida from 2008 through 2013, where he was responsible for growing the real estate program, including the establishment of the Professional MS in Real Estate. While at the University of Central Florida, Dr. Anderson was a member of the University Foundation Investment Sub-Committee which provides investment advice for the endowment, was the academic member of the Florida Association of Realtors Education Foundation Advisory Board, and was an ex-officio board member of the Central Florida Commercial Association of Realtors. In 2007, Dr. Anderson was President, Chief Executive Officer, and founding partner of Franklin Square Capital Partners, where he helped establish, strategically organize, and capitalize the firm. From 2005 through 2007, Dr. Anderson also served as Chief Economist for CNL Financial Group as well as Divisional President for CNL Real Estate Advisors. Prior to CNL, Dr. Anderson was the Chief Economist and Director of Research for the Marcus and Millichap Company from 2002 through 2005 and Vice President of Research at Prudential Real Estate Advisors from 2001 through 2002. Dr. Anderson is a former co-editor of the Journal of Real Estate Portfolio Management and the Journal of Real Estate Literature. Dr. Anderson received the Kinnard Young Scholar Award from the American Real Estate Society, an award which recognizes outstanding real estate scholarship for young academics, served as the Executive Director for the American Real Estate Society, was named a Homer Hoyt Fellow and a NAIOP Distinguished Fellow, and has been invited to guest lecture at leading global universities. Dr. Anderson received his B.A. in Finance from North Central College in 1991 as a Presidential Scholar and holds a Ph.D. in Finance as a Presidential Fellow from the University of Alabama, where he graduated with highest distinction in 1996.

Spencer Propper


Start Date

Tenure

Tenure Rank

Jun 30, 2014

7.01

7.0%

Mr. Propper serves as our Associate Portfolio Manager and as Vice President of Griffin Capital Advisor, LLC. Additionally, Mr. Propper serves as Vice President, Product Development of Griffin Capital Corporation, a position he has held since joining Griffin Capital Corporation in 2014. Previously, Mr. Propper was a Director at Lakemont Group, a boutique real estate investment banking and consulting firm. At the Lakemont Group, Mr. Propper was responsible for overseeing projects for a variety of clients including pension funds, private equity firms and publicly traded real estate companies and specialized in structured finance, market analysis and strategic due diligence. Mr. Propper holds a Masters of Business Administration and Bachelor of Science in Finance and Real Estate from the University of Central Florida.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 27.51 7.75 1.31