Top Performer REIT Mutual FundsReal estate mutual fund has been the top performing equity sector funds for the past 3 years. This real estate fund invests in companies which involve real estate. It may invest in real estate investment trusts (REITs). This equity mutual fund may invest companies which operate office buildings, shopping malls, hotels and even self-storage facilities. This mutual fund has also higher yield than typical mutual fund.
From this best performing funds list, you may find each individual fund review. You can find the fund performance, expense ratio, and yield or dividend from the table below. The list is sorted based on its year to date performance in 2012 (up to October 1, 2012).
The 10 best performing real estate mutual funds 2012 are:
- Baron Real Estate Fund
- PIMCO Real Estate Real Return Strategy Fund
- Lazard U.S. Realty Income Fund
- Lazard U.S. Realty Equity Fund
- TIAA-CREF Real Estate Securities fund
- Rydex Real Estate Fund
- REMS Real Estate Income 50/50 Fund
- Dunham Real Estate Stock Fund
- Stratton Real Estate Fund
- Fidelity Real Estate Income Fund
Baron Real Estate Fund (BREFX)
Baron Real Estate fund mainly invests its net assets for the long term in equity securities. It may invest in common stock of U.S. and non-U.S. real estate. It may invest in companies of any market capitalizations size. This top performer in Real Estate fund is managed by Jeffrey A. Kolitch.
It was introduced in December 2009; there is no Morningstar rating yet. The current net assets is only $47.12 million. The annual expense ratio is 1.35%. The annual holdings turnover as of September 17, 2012 is 70.99%.
Best No Load Real Estate Mutual Funds
The YTD return is 27.26%. Based on the load adjusted returns, the fund has returned 31.70% over the past 1-year. In 2010, it has returned 26.60% and 0.63% in 2011. The top holdings as of August 2012 are Brookdale Senior Livings Inc (9.0%), Capital Senior Living Corp (7.9%), Hyatt Hotels Corp (6.46%), Equinix Inc (4.7%) and CBRE Group Inc (4.0%). The top 10 holdings represent 47.4% of the total portfolio.
PIMCO Real Estate Real Return Strategy Fund (PETAX)
PIMCO Real Estate Real Return Strategy Fund objective is to provide maximum real return consistent with prudent investment management. It invests in in real estate-linked derivative instruments backed by a portfolio of inflation-indexed securities and other Fixed Income Instruments.
Morningstar rates this real estate fund with 3-stars rating. It has 12.85% annual dividend yield. The most recent dividend payment was in June 2012 ($0.13). The total net assets are $2.61 billion. The annual holdings turnover is quite high (287.00%) as per September 19, 2012 compared to the average in category (56.56%). The CUSIP is 72200Q299.
Since its inception, this best performing fund has returned 9.85% over the past 5-year and 25.19% over the past 1-year. It has 5-year average return of 11.10%. The benchmarks are Dow Jones US Select REIT Total Return Index and Lipper Real Estate Funds Average. The top sectors diversification is Inflation-Linked Bond Exposure (99%). The 3-year beta is 0.90.
Lazard U.S. Realty Income Fund (LRIOX)
Lazard U.S. Realty Income fund utilizes its assets to purchase dividend-paying common and preferred stocks, convertible securities and fixed income securities of U.S. Realty Companies. It may invest in certain synthetic instruments related to U.S. Realty Companies as well. Jay Paul Leupp is the current fund manager. He has managed this fund since its inception in July 2008.
Top Performer REIT Closed End Funds 2011
The 12-month dividend yield is 3.97%. This best REIT mutual fund is ranked with 5-stars rating by Morningstar. It has $63.74 million total net assets. The expense ratio is 1.47%. The Institutional Class of this fund is LRIIX.
The YTD return is 18.10%. The yearly performance of this fund since its inception is:
- Year 2009: 71.58%
- Year 2010: 33.15%
- Year 2011: -0.16%
Lazard U.S. Realty Equity Fund (Ticker: LREOX)
The investment aim of Lazard U.S. Realty Equity fund is to provide long term capital growth with income. It has annual expense ratio of 1.80%. It is higher compared to the average in the Real Estate category (1.37%). It also has 5-stars rating from Morningstar. You can purchase this fund with minimum initial investment of $2,500 for brokerage account.
This real estate mutual fund has always returned in positive return. It has its best 1-year total return in 2009 with 59.47%. Based on the load adjusted returns, this REIT fund has returned 27.56% over the past 1-year and 28.52% over the past 3-year.
The top sector allocations are Regional Malls (16.0%), Apartments (14.5%) and Office (11.3%). The top holdings as of second quarter of 2012 are Simon Property Group (10.0%), American Tower (7.3%), Public Storage (4.7%), Ventas (4.4%) and General Growth Properties (4.3%).
TIAA-CREF Real Estate Securities Fund (TCREX)
This TIAA-CREF Real Estate Securities fund is currently managed by Brendan Lee. It invests most of its assets in real estate companies or real estate investment trusts (REITs). It has total net assets of $1.20 billion. It has 1.18% dividend yield. It also has 0.84% expense ratio. Ranked with 3-stars rating, the minimum initial investment is $2,500. The CUSIP is 87244W771.
The best 1-year total return was in 2003 with 42.35%. The 5-year average return is 2.98% and the YTD return is 18.35%. The top holdings as of June 2012 are Simon Property Group Inc (10.69%), American Tower Corp (4.99%), Public Storage Inc (4.89%), Ventas Inc (4.89%) and Boston Properties Inc (4.77%).
Disclosure: No Position
Fund Performance
| No | Fund Description | Ticker | Rating | 1 Year Return % | 3 Year Return % | 5 Year Return % | 10 Year Return % | Expense Ratio |
|---|---|---|---|---|---|---|---|---|
| 1 | Baron Real Estate Retail | BREFX | N/A | 31.70% | N/A | N/A | N/A | 1.35% |
| 2 | PIMCO Real Estate Real Return Strategy A | PETAX | 3 | 25.19% | 36.62% | 9.85% | N/A | 1.14% |
| 3 | Lazard U.S. Realty Income Open | LRIOX | 5 | 19.50% | 23.66% | N/A | N/A | 1.47% |
| 4 | Lazard U.S. Realty Equity Open | LREOX | 5 | 27.56% | 28.52% | N/A | N/A | 1.80% |
| 5 | TIAA-CREF Real Estate Sec Retail | TCREX | 3 | 21.47% | 24.47% | 2.98% | N/A | 0.84% |
| 6 | Rydex Real Estate A | RYREX | 1 | 11.98% | 16.71% | -1.51% | N/A | 1.61% |
| 7 | REMS Real Estate Income 50/50 A | RREFX | 3 | 9.54% | 7.99% | -0.07% | 5.10% | 1.16% |
| 8 | Dunham Real Estate Stock A | DAREX | 2 | 12.29% | 19.17% | 1.37% | N/A | 1.76% |
| 9 | Stratton Real Estate | STMDX | 3 | 19.15% | 19.55% | 5.23% | 9.61% | 1.03% |
| 10 | Fidelity Real Estate Income | FRIFX | 4 | 17.30% | 16.03% | 7.28% | N/A | 0.92% |
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