XRIFX: RMR Real Estate Income Fund

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

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

XRIFX RMR Real Estate Income Fund


Profile

XRIFX - Profile

Vitals

  • YTD Return -35.6%
  • 3 Yr Annualized Return -14.4%
  • 5 Yr Annualized Return -7.8%
  • Net Assets $172 M
  • Holdings in Top 10 27.2%

52 WEEK LOW AND HIGH

$16.12
$8.69
$26.65

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.86%

SALES FEES

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

BROKERAGE FEES

  • Turnover 6.60%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Closed-end mutual fund
  • Investment Style Real Estate

Distributions

  • YTD Total Return -35.6%
  • 3 Yr Annualized Total Return -14.4%
  • 5 Yr Annualized Total Return -7.8%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.75%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    RMR Real Estate Income Fund
  • Fund Family Name
    RMR Advisors LLC
  • Inception Date
    Dec 18, 2003
  • Shares Outstanding
    10202009
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Adam Portnoy

Fund Description

N/A


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

XRIFX - Performance

Return Ranking - Trailing

Period XRIFX Return Category Return Low Category Return High Rank in Category (%)
YTD -35.6% -36.4% 5.0% 98.48%
1 Yr -31.9% -54.6% 21.5% 95.06%
3 Yr -14.4%* -23.9% 9.6% 88.41%
5 Yr -7.8%* -23.4% 8.1% 84.26%
10 Yr N/A* -8.3% 6.4% 2.19%

* Annualized

Return Ranking - Calendar

Period XRIFX Return Category Return Low Category Return High Rank in Category (%)
2019 28.6% -22.7% 43.1% 2.73%
2018 -16.4% -44.0% 2.2% 83.06%
2017 -8.8% -16.4% 25.4% 89.04%
2016 8.5% -28.0% 12.5% 2.42%
2015 -6.5% -19.4% 2.4% 66.67%

Total Return Ranking - Trailing

Period XRIFX Return Category Return Low Category Return High Rank in Category (%)
YTD -35.6% -36.4% 5.0% 98.48%
1 Yr -31.9% -54.6% 21.5% 95.06%
3 Yr -14.4%* -23.2% 9.6% 93.56%
5 Yr -7.8%* -16.6% 8.1% 91.88%
10 Yr N/A* -4.3% 10.5% 2.19%

* Annualized

Total Return Ranking - Calendar

Period XRIFX Return Category Return Low Category Return High Rank in Category (%)
2019 28.6% -22.7% 43.1% 3.52%
2018 -16.4% -43.3% 2.2% 90.50%
2017 -8.8% -13.6% 31.4% 97.72%
2016 8.5% -12.3% 12.5% 9.18%
2015 -6.5% -15.2% 7.7% 83.60%

NAV & Total Return History


Holdings

XRIFX - Holdings

Concentration Analysis

XRIFX Category Low Category High XRIFX % Rank
Net Assets 172 M 1.25 M 55.8 B 66.14%
Number of Holdings 160 21 632 6.91%
Net Assets in Top 10 72 M 621 K 27 B 68.73%
Weighting of Top 10 27.15% 11.0% 79.3% 96.23%

Top 10 Holdings

  1. Prologis Inc 5.93%
  2. Sun Communities Inc 3.38%
  3. Medical Properties Trust Inc 2.82%
  4. American Tower Corp 2.51%
  5. Stag Industrial Inc 2.35%
  6. Alexandria Real Estate Equities Inc 2.28%
  7. Global Medical REIT Inc 2.16%
  8. AvalonBay Communities Inc 2.02%
  9. Lexington Realty Trust 1.88%
  10. CyrusOne Inc 1.82%

Asset Allocation

Weighting Return Low Return High XRIFX % Rank
Stocks
80.84% 2.17% 104.60% 86.55%
Preferred Stocks
15.89% 0.00% 47.56% 8.73%
Cash
2.22% -169.14% 37.65% 29.82%
Bonds
0.73% -3.82% 153.60% 9.45%
Other
0.32% -0.92% 93.58% 16.36%
Convertible Bonds
0.01% 0.00% 6.83% 8.00%

Stock Sector Breakdown

Weighting Return Low Return High XRIFX % Rank
Real Estate
99.71% 36.96% 100.00% 47.17%
Technology
0.09% 0.00% 14.99% 14.72%
Healthcare
0.05% 0.00% 0.33% 2.64%
Consumer Cyclical
0.05% 0.00% 34.25% 38.49%
Financial Services
0.04% 0.00% 37.05% 18.87%
Communication Services
0.04% 0.00% 3.29% 4.53%
Industrials
0.02% 0.00% 9.95% 11.32%
Utilities
0.01% 0.00% 6.61% 4.53%
Consumer Defense
0.01% 0.00% 0.24% 1.89%
Energy
0.00% 0.00% 1.84% 9.43%
Basic Materials
0.00% 0.00% 5.57% 9.81%

Stock Geographic Breakdown

Weighting Return Low Return High XRIFX % Rank
US
80.17% 2.17% 103.97% 85.82%
Non US
0.67% 0.00% 28.71% 20.73%

Bond Sector Breakdown

Weighting Return Low Return High XRIFX % Rank
Corporate
84.26% 0.00% 93.07% 3.64%
Cash & Equivalents
11.77% 0.00% 100.00% 90.18%
Securitized
3.78% 0.00% 95.89% 8.73%
Government
0.20% 0.00% 63.55% 3.27%
Derivative
0.00% 0.00% 4.54% 10.18%
Municipal
0.00% 0.00% 5.18% 8.36%

Bond Geographic Breakdown

Weighting Return Low Return High XRIFX % Rank
Non US
0.39% -0.05% 18.23% 5.09%
US
0.34% -3.93% 153.65% 9.09%

Expenses

XRIFX - Expenses

Operational Fees

XRIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.86% 0.07% 19.12% 10.73%
Management Fee 0.85% 0.00% 1.67% 69.45%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

XRIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 6.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

XRIFX 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.

XRIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 6.60% 1.54% 257.00% 5.20%

Distributions

XRIFX - Distributions

Dividend Yield Analysis

XRIFX Category Low Category High XRIFX % Rank
Dividend Yield 0.00% 0.00% 7.58% 14.91%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

XRIFX Category Low Category High XRIFX % Rank
Net Income Ratio 1.75% -0.10% 5.67% 45.56%

Capital Gain Distribution Analysis

XRIFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

XRIFX - Fund Manager Analysis

Managers

Adam Portnoy


Start Date

Tenure

Tenure Rank

May 21, 2007

13.12

13.1%

Portnoy is president of the RMR Advisors, Inc. He is also a director, president, chief executive officer and a minority beneficial owner of REIT Management. Portnoy is also a managing trustee of three REITs: HRPT Properties Trust, Hospitality Properties Trust and Senior Housing Properties Trust. Prior to joining our advisor and REIT Management in 2003, he was Senior Investment Officer with the International Finance Corporation, a part of the World Bank Group, and an investment banker.

Fernando Diaz


Start Date

Tenure

Tenure Rank

May 21, 2007

13.12

13.1%

Prior to joining Spectrum in 2000, Mr. Diaz was head of preferred trading at Spear, Leeds & Kellogg and Pershing, a division of DLJ, where he initiated preferred trading operations at both firms. Mr. Diaz also worked at Goldman Sachs as an analyst in the Investment Banking division and in the Preferred Stock Department as a trader and product analyst.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 26.51 8.67 0.5