T. Rowe Price Real Estate Advisor
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-28.7%
1 yr return
6.1%
3 Yr Avg Return
6.1%
5 Yr Avg Return
5.9%
Net Assets
$1.58 B
Holdings in Top 10
55.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.06%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 20.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Real Estate
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
PAREX - Profile
Distributions
- YTD Total Return -28.7%
- 3 Yr Annualized Total Return 6.1%
- 5 Yr Annualized Total Return 5.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.81%
- Dividend Yield 2.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameT. Rowe Price Real Estate Fund
-
Fund Family NameT. Rowe Price
-
Inception DateDec 31, 2004
-
Shares OutstandingN/A
-
Share ClassAdv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerNina Jones
Fund Description
The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in the equity securities of real estate companies. It is likely to maintain a significant portion of assets in real estate investment trusts (REITs). REITs pool money to invest in properties (equity REITs) or mortgages (mortgage REITs). The fund generally invests in equity REITs. It is non-diversified.
PAREX - Performance
Return Ranking - Trailing
| Period | PAREX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -28.7% | -46.9% | 24.6% | 39.79% |
| 1 Yr | 6.1% | -21.3% | 41.5% | 15.63% |
| 3 Yr | 6.1%* | -8.8% | 20.7% | 78.34% |
| 5 Yr | 5.9%* | -3.1% | 13.0% | 81.40% |
| 10 Yr | 7.4%* | 1.9% | 14.1% | 82.71% |
* Annualized
Return Ranking - Calendar
| Period | PAREX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 27.2% | -86.3% | 52.3% | 68.09% |
| 2020 | -37.6% | -53.9% | 35.0% | 98.48% |
| 2019 | 4.0% | -0.8% | 43.1% | 92.13% |
| 2018 | -13.6% | -44.0% | 2.2% | 73.11% |
| 2017 | 0.8% | -16.4% | 25.4% | 53.24% |
Total Return Ranking - Trailing
| Period | PAREX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -28.7% | -59.3% | 24.6% | 39.45% |
| 1 Yr | 6.1% | -25.3% | 48.1% | 15.75% |
| 3 Yr | 6.1%* | -8.8% | 20.7% | 73.67% |
| 5 Yr | 5.9%* | -3.1% | 13.0% | 78.63% |
| 10 Yr | 7.4%* | 1.5% | 14.1% | 81.57% |
* Annualized
Total Return Ranking - Calendar
| Period | PAREX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 27.2% | -86.3% | 52.3% | 68.09% |
| 2020 | -37.6% | -53.9% | 35.0% | 98.48% |
| 2019 | 4.0% | -0.8% | 43.1% | 92.13% |
| 2018 | -9.3% | -43.3% | 3.3% | 62.61% |
| 2017 | 4.1% | -13.6% | 31.4% | 56.94% |
NAV & Total Return History
PAREX - Holdings
Concentration Analysis
| PAREX | Category Low | Category High | PAREX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.58 B | 1.28 M | 78.4 B | 23.33% |
| Number of Holdings | 39 | 3 | 642 | 56.07% |
| Net Assets in Top 10 | 959 M | 4.22 K | 35.2 B | 20.33% |
| Weighting of Top 10 | 55.64% | 15.9% | 99.8% | 19.46% |
Top 10 Holdings
- Prologis Inc 9.57%
- Public Storage 6.55%
- Equinix Inc 6.04%
- Welltower Inc 5.89%
- Camden Property Trust 5.45%
- Equity Lifestyle Properties Inc 4.89%
- Equity Residential 4.64%
- AvalonBay Communities Inc 4.57%
- American Campus Communities Inc 4.54%
- Alexandria Real Estate Equities Inc 4.50%
Asset Allocation
| Weighting | Return Low | Return High | PAREX % Rank | |
|---|---|---|---|---|
| Stocks | 99.45% | 0.00% | 106.94% | 35.08% |
| Cash | 0.55% | -98.06% | 49.73% | 63.28% |
| Preferred Stocks | 0.00% | -0.12% | 33.96% | 72.79% |
| Other | 0.00% | -1.70% | 94.17% | 71.80% |
| Convertible Bonds | 0.00% | 0.00% | 10.95% | 71.48% |
| Bonds | 0.00% | -3.17% | 97.45% | 72.13% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PAREX % Rank | |
|---|---|---|---|---|
| Real Estate | 98.75% | 34.46% | 100.00% | 57.29% |
| Consumer Cyclical | 1.25% | 0.00% | 45.29% | 24.31% |
| Utilities | 0.00% | 0.00% | 9.09% | 70.14% |
| Technology | 0.00% | 0.00% | 12.02% | 77.43% |
| Industrials | 0.00% | 0.00% | 7.39% | 73.61% |
| Healthcare | 0.00% | 0.00% | 0.53% | 71.18% |
| Financial Services | 0.00% | 0.00% | 37.05% | 73.96% |
| Energy | 0.00% | 0.00% | 33.11% | 71.18% |
| Communication Services | 0.00% | 0.00% | 11.61% | 73.61% |
| Consumer Defense | 0.00% | 0.00% | 1.53% | 70.14% |
| Basic Materials | 0.00% | 0.00% | 13.69% | 71.18% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PAREX % Rank | |
|---|---|---|---|---|
| US | 99.45% | 0.00% | 101.17% | 24.92% |
| Non US | 0.00% | 0.00% | 44.90% | 83.28% |
PAREX - Expenses
Operational Fees
| PAREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.06% | 0.07% | 4.72% | 48.03% |
| Management Fee | 0.58% | 0.00% | 1.50% | 26.33% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 54.17% |
| Administrative Fee | 0.15% | 0.01% | 0.45% | 73.08% |
Sales Fees
| PAREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| PAREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 100.00% |
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.
| PAREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 20.00% | 0.11% | 380.00% | 20.22% |
PAREX - Distributions
Dividend Yield Analysis
| PAREX | Category Low | Category High | PAREX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.04% | 0.00% | 27.59% | 1.64% |
Dividend Distribution Analysis
| PAREX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
| PAREX | Category Low | Category High | PAREX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.81% | -1.14% | 6.05% | 67.12% |
Capital Gain Distribution Analysis
| PAREX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount | Type |
|---|---|---|
| Sep 29, 2022 | $0.076 | OrdinaryDividend |
| Jun 29, 2022 | $0.040 | OrdinaryDividend |
| Mar 30, 2022 | $0.070 | OrdinaryDividend |
| Dec 14, 2021 | $2.840 | OrdinaryDividend |
| Sep 29, 2021 | $0.060 | OrdinaryDividend |
| Jun 29, 2021 | $0.080 | OrdinaryDividend |
| Mar 30, 2021 | $0.070 | OrdinaryDividend |
| Jun 29, 2020 | $0.120 | OrdinaryDividend |
| Mar 30, 2020 | $0.130 | OrdinaryDividend |
| Jun 27, 2019 | $0.160 | OrdinaryDividend |
| Mar 28, 2019 | $0.180 | OrdinaryDividend |
| Sep 27, 2018 | $0.160 | OrdinaryDividend |
| Jun 28, 2018 | $0.160 | OrdinaryDividend |
| Mar 28, 2018 | $0.140 | OrdinaryDividend |
| Sep 28, 2017 | $0.150 | OrdinaryDividend |
| Jun 29, 2017 | $0.140 | OrdinaryDividend |
| Mar 30, 2017 | $0.130 | OrdinaryDividend |
| Dec 14, 2016 | $0.190 | OrdinaryDividend |
| Sep 29, 2016 | $0.130 | OrdinaryDividend |
| Jun 29, 2016 | $0.130 | OrdinaryDividend |
| Mar 30, 2016 | $0.110 | OrdinaryDividend |
| Dec 14, 2015 | $0.200 | OrdinaryDividend |
| Sep 29, 2015 | $0.130 | OrdinaryDividend |
| Jun 29, 2015 | $0.130 | OrdinaryDividend |
| Mar 30, 2015 | $0.100 | OrdinaryDividend |
| Dec 12, 2014 | $0.190 | OrdinaryDividend |
| Sep 29, 2014 | $0.120 | OrdinaryDividend |
| Jun 27, 2014 | $0.130 | OrdinaryDividend |
| Mar 28, 2014 | $0.100 | OrdinaryDividend |
| Dec 13, 2013 | $0.130 | OrdinaryDividend |
| Sep 27, 2013 | $0.110 | OrdinaryDividend |
| Jun 27, 2013 | $0.110 | OrdinaryDividend |
| Mar 27, 2013 | $0.080 | OrdinaryDividend |
| Dec 14, 2012 | $0.130 | OrdinaryDividend |
| Sep 27, 2012 | $0.090 | OrdinaryDividend |
| Jun 28, 2012 | $0.090 | OrdinaryDividend |
| Mar 29, 2012 | $0.100 | OrdinaryDividend |
| Dec 14, 2011 | $0.110 | OrdinaryDividend |
| Sep 29, 2011 | $0.090 | OrdinaryDividend |
| Jun 29, 2011 | $0.080 | OrdinaryDividend |
| Mar 30, 2011 | $0.080 | OrdinaryDividend |
| Dec 14, 2010 | $0.110 | OrdinaryDividend |
| Sep 29, 2010 | $0.090 | OrdinaryDividend |
| Jun 29, 2010 | $0.090 | OrdinaryDividend |
| Mar 30, 2010 | $0.090 | OrdinaryDividend |
| Dec 14, 2009 | $0.110 | OrdinaryDividend |
| Sep 29, 2009 | $0.100 | OrdinaryDividend |
| Jun 29, 2009 | $0.110 | OrdinaryDividend |
| Mar 30, 2009 | $0.200 | OrdinaryDividend |
| Dec 15, 2008 | $0.170 | OrdinaryDividend |
| Sep 29, 2008 | $0.170 | OrdinaryDividend |
| Jun 27, 2008 | $0.170 | OrdinaryDividend |
| Mar 28, 2008 | $0.190 | OrdinaryDividend |
| Dec 19, 2007 | $0.220 | OrdinaryDividend |
| Sep 27, 2007 | $0.160 | OrdinaryDividend |
| Jun 28, 2007 | $0.150 | OrdinaryDividend |
| Mar 29, 2007 | $0.130 | OrdinaryDividend |
| Dec 20, 2006 | $0.190 | OrdinaryDividend |
| Sep 28, 2006 | $0.130 | OrdinaryDividend |
| Jun 29, 2006 | $0.130 | OrdinaryDividend |
| Mar 30, 2006 | $0.120 | OrdinaryDividend |
| Dec 14, 2005 | $0.210 | OrdinaryDividend |
| Sep 29, 2005 | $0.200 | OrdinaryDividend |
| Jun 29, 2005 | $0.140 | OrdinaryDividend |
| Mar 30, 2005 | $0.140 | OrdinaryDividend |
PAREX - Fund Manager Analysis
Managers
Nina Jones
Start Date
Tenure
Tenure Rank
Jan 01, 2019
3.41
3.4%
Nina Jones is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc. She is a portfolio manager and analyst in the Equity Division. She is president of the Global Real Estate Fund and chairman of the fund's Investment Advisory Committee. Nina is a vice president and Investment Advisory Committee member of the Real Estate, Equity Income, Growth & Income, Financial Services, Small-Cap Value, Mid-Cap Value, Real Assets, and Capital Appreciation Funds. She is also an Investment Advisory Committee member of the Institutional Large-Cap Value Fund. Nina joined the firm in 2008 after serving as a summer intern in 2007, following payroll processor companies in the business services sector. Prior to joining the firm, Nina was a senior associate in audit and risk advisory for KPMG LLP. She holds dual B.S. degrees in accounting and finance from the University of Maryland, magna cum laude, and earned an M.B.A. from Columbia Business School, graduating with honors. Nina is also a certified public accountant.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 28.42 | 8.01 | 2.23 |