About the Index
Global Real Estate, REIT and Real Asset grouping according to CEFData.com. 90-day average trade liquidity over $500K. Equal weight each fund for the index. The index constituents will be rebalanced each quarter.
Index Performance
Current($) | Previous Day(%) | 1 Week(%) | 1 Month(%) | 3 Month(%) | 6 Month(%) | 1 Year(%) | 3 Year(%) | 5 Year(%) | 10 Year(%) | MTD(%) | QTD(%) | YTD(%) | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Price | 1,772.45 | 1.76 | 0.28 | -0.45 | 8.87 | 20.72 | 45.31 | 0.56 | 4.07 | 7.04 | 0.28 | -4.19 | 22.34 | ||||||
NAV | 1,521.73 | 0.90 | 0.12 | -0.66 | 6.06 | 14.45 | 30.21 | -1.27 | 2.89 | 5.27 | 0.12 | -3.51 | 11.36 | ||||||
Difference | -0.86 | -0.16 | -0.21 | -2.80 | -6.26 | -15.10 | -1.83 | -1.18 | -1.77 | -0.16 | 0.68 | -10.98 | |||||||
* Periods greater than 1 Year are annualized. ** On Inception Date (12/30/16), Index Price was $1,000 and NAV was $1,000.00 |
2024 - Monthly Performance (%) | |||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2024 | |
Price | -0.31 | 0.48 | 4.14 | 4.31 | -6.59 | 3.31 | 3.69 | 0.06 | 4.38 | 10.22 | 6.66 | 4.05 | 22.33 | -4.46 | - | - | - | - | - |
NAV | -3.72 | 1.38 | 2.03 | -0.41 | -6.68 | 5.31 | 1.05 | -0.70 | -1.11 | 6.25 | 6.12 | 3.51 | 16.70 | -3.63 | - | - | - | - | - |
Difference | -3.41 | 0.90 | -2.11 | -4.73 | -0.09 | 1.99 | -2.65 | -0.76 | -5.49 | -3.97 | -0.55 | -0.54 | -5.63 | 0.83 | - | - | - | - | - |
2023 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2023 | |
Price | 16.34 | -5.66 | -7.07 | 1.99 | 0.62 | -5.12 | 4.97 | 0.21 | 2.21 | 4.91 | -3.96 | -7.62 | -6.92 | -6.28 | 14.28 | 9.62 | 17.42 | 9.29 | 11.70 |
NAV | 12.48 | -5.02 | -4.11 | 2.44 | 1.79 | -3.91 | 4.62 | 2.32 | 4.82 | 2.87 | -3.63 | -7.30 | -8.10 | -4.54 | 13.52 | 8.74 | 17.84 | 8.29 | 13.52 |
Difference | -3.85 | 0.64 | 2.96 | 0.45 | 1.17 | 1.21 | -0.35 | 2.11 | 2.61 | -2.03 | 0.33 | 0.31 | -1.18 | 1.74 | -0.76 | -0.88 | 0.42 | -1.00 | 1.81 |
2022 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2022 | |
Price | -7.95 | -3.78 | 6.79 | -5.42 | -5.76 | -3.70 | -8.96 | -17.38 | -21.86 | 10.10 | -4.30 | -18.51 | -14.14 | 5.47 | 9.04 | -8.60 | 5.12 | -9.74 | -29.47 |
NAV | -6.45 | -4.43 | 5.92 | -5.30 | -4.88 | -3.93 | -8.76 | -16.62 | -21.04 | 9.86 | -6.37 | -14.07 | -11.62 | 2.41 | 7.27 | -5.01 | 4.35 | -7.77 | -27.18 |
Difference | 1.50 | -0.64 | -0.87 | 0.12 | 0.89 | -0.23 | 0.20 | 0.76 | 0.82 | -0.24 | -2.08 | 4.44 | 2.52 | -3.06 | -1.78 | 3.59 | -0.78 | 1.96 | 2.29 |
2021 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2021 | |
Price | 0.82 | 5.34 | 5.71 | 12.26 | 7.86 | 2.38 | 2.58 | 13.27 | 27.15 | 2.10 | 2.12 | -6.72 | -2.74 | 8.05 | -2.15 | 9.02 | 15.27 | 12.11 | 42.56 |
NAV | -0.26 | 2.69 | 4.28 | 6.80 | 7.69 | 1.26 | 2.07 | 11.30 | 18.87 | 3.86 | 1.86 | -5.43 | 0.05 | 6.53 | -2.11 | 8.11 | 12.73 | 12.78 | 34.07 |
Difference | -1.08 | -2.65 | -1.43 | -5.46 | -0.17 | -1.11 | -0.51 | -1.96 | -8.28 | 1.76 | -0.26 | 1.29 | 2.78 | -1.53 | 0.04 | -0.92 | -2.54 | 0.67 | -8.49 |
2020 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2020 | |
Price | 1.91 | -11.30 | -31.36 | -37.95 | 10.80 | 3.71 | 2.39 | 17.66 | -27.00 | 3.19 | 3.07 | -3.79 | 2.32 | -3.51 | 16.86 | 3.24 | 16.42 | 19.12 | -13.04 |
NAV | 1.49 | -6.96 | -28.58 | -32.56 | 10.65 | 2.67 | 2.46 | 16.40 | -21.50 | 4.67 | 1.55 | -2.21 | 3.94 | -2.39 | 10.38 | 3.71 | 11.75 | 16.15 | -8.82 |
Difference | -0.42 | 4.34 | 2.78 | 5.39 | -0.15 | -1.04 | 0.07 | -1.27 | 5.49 | 1.48 | -1.52 | 1.58 | 1.62 | 1.12 | -6.48 | 0.47 | -4.67 | -2.97 | 4.22 |
2019 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2019 | |
Price | 16.21 | 1.56 | 4.36 | 23.16 | 1.03 | 0.46 | 4.01 | 5.57 | 30.02 | 2.77 | 2.39 | 3.81 | 9.24 | 1.92 | -0.02 | -0.40 | 1.49 | 10.87 | 44.15 |
NAV | 12.21 | 1.22 | 3.79 | 17.89 | 0.04 | 0.33 | 1.89 | 2.26 | 20.56 | 1.66 | 3.08 | 2.05 | 6.94 | 1.98 | -0.96 | 0.71 | 1.72 | 8.78 | 31.14 |
Difference | -4.00 | -0.34 | -0.57 | -5.28 | -0.99 | -0.14 | -2.11 | -3.31 | -9.47 | -1.11 | 0.69 | -1.76 | -2.30 | 0.06 | -0.94 | 1.11 | 0.23 | -2.09 | -13.01 |
2018 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2018 | |
Price | -5.02 | -3.54 | 0.93 | -7.53 | 1.27 | 2.19 | 2.67 | 6.25 | -1.75 | 1.04 | 2.72 | -3.51 | 0.14 | -6.37 | 2.96 | -8.97 | -12.25 | -12.12 | -13.66 |
NAV | -2.66 | -6.48 | 2.46 | -6.73 | 1.03 | 2.24 | 3.16 | 6.56 | -0.61 | 1.41 | 2.17 | -2.72 | 0.79 | -3.81 | 2.43 | -7.06 | -8.43 | -7.71 | -8.27 |
Difference | 2.36 | -2.94 | 1.53 | 0.80 | -0.23 | 0.06 | 0.48 | 0.31 | 1.14 | 0.37 | -0.55 | 0.79 | 0.65 | 2.56 | -0.53 | 1.91 | 3.82 | 4.42 | 5.39 |
2017 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2017 | |
Price | 4.83 | 2.72 | -0.94 | 6.67 | 3.48 | -0.10 | 2.26 | 5.71 | 12.76 | 2.78 | 0.57 | 0.12 | 3.48 | -0.32 | 0.08 | 2.38 | 2.14 | 5.70 | 19.19 |
NAV | 1.14 | 3.30 | -1.05 | 3.38 | 1.40 | 0.71 | 1.82 | 3.98 | 7.49 | 1.94 | 0.23 | -0.21 | 1.96 | -0.09 | 1.93 | 0.72 | 2.58 | 4.59 | 12.42 |
Difference | -3.69 | 0.58 | -0.11 | -3.30 | -2.08 | 0.81 | -0.44 | -1.73 | -5.27 | -0.84 | -0.33 | -0.33 | -1.52 | 0.23 | 1.85 | -1.65 | 0.44 | -1.11 | -6.76 |
2016 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2016 | |
Price | -6.46 | -0.24 | 10.64 | 3.23 | 0.98 | 1.56 | 7.48 | 10.22 | 13.79 | 5.18 | -2.17 | -1.45 | 1.40 | -6.42 | -2.72 | 3.39 | -5.88 | -4.56 | 8.60 |
NAV | -4.32 | -0.97 | 9.60 | 3.86 | -0.22 | 1.57 | 4.47 | 5.88 | 9.96 | 4.70 | -1.60 | -1.64 | 1.34 | -4.09 | -3.24 | 3.32 | -4.12 | -2.84 | 6.84 |
Difference | 2.15 | -0.72 | -1.03 | 0.62 | -1.20 | 0.01 | -3.01 | -4.35 | -3.83 | -0.47 | 0.57 | -0.19 | -0.06 | 2.32 | -0.51 | -0.07 | 1.76 | 1.72 | -1.76 |
2015 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2015 | |
Price | 2.89 | -1.55 | 1.75 | 3.07 | -2.28 | -1.43 | -6.13 | -9.58 | -6.81 | 2.60 | -4.66 | -0.07 | -2.25 | 8.84 | -1.91 | 1.64 | 8.52 | 6.08 | -1.14 |
NAV | 4.57 | -0.96 | 0.31 | 3.89 | -2.60 | -0.58 | -4.38 | -7.40 | -3.80 | 3.40 | -4.87 | 0.74 | -0.91 | 6.12 | -1.12 | 0.92 | 5.90 | 4.93 | 0.95 |
Difference | 1.68 | 0.59 | -1.44 | 0.83 | -0.32 | 0.85 | 1.75 | 2.18 | 3.01 | 0.80 | -0.21 | 0.81 | 1.34 | -2.72 | 0.79 | -0.73 | -2.62 | -1.15 | 2.09 |
2014 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2014 | |
Price | 3.12 | 4.55 | 1.27 | 9.18 | 2.40 | 3.37 | 1.72 | 7.67 | 17.55 | -1.46 | 2.73 | -4.68 | -3.50 | 6.67 | 2.27 | 1.89 | 11.15 | 7.26 | 26.09 |
NAV | 2.32 | 4.93 | 1.11 | 8.56 | 3.36 | 2.60 | 1.71 | 7.87 | 17.10 | -0.43 | 2.69 | -4.98 | -2.84 | 6.86 | 1.66 | 0.71 | 9.41 | 6.30 | 24.47 |
Difference | -0.80 | 0.38 | -0.17 | -0.63 | 0.97 | -0.76 | -0.01 | 0.21 | -0.45 | 1.03 | -0.04 | -0.31 | 0.66 | 0.19 | -0.61 | -1.18 | -1.74 | -0.97 | -1.62 |
2013 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2013 | |
Price | 6.14 | 1.47 | 4.84 | 12.92 | 3.04 | -7.01 | -1.42 | -5.54 | 6.66 | -1.30 | -9.49 | 4.80 | -6.38 | 4.34 | -3.64 | -0.81 | -0.27 | -6.63 | -0.42 |
NAV | 3.69 | 1.60 | 2.60 | 8.09 | 5.48 | -4.95 | -3.66 | -3.42 | 4.39 | 1.24 | -6.12 | 3.56 | -1.56 | 4.35 | -3.65 | 0.32 | 0.87 | -0.71 | 3.65 |
Difference | -2.45 | 0.13 | -2.25 | -4.83 | 2.44 | 2.05 | -2.24 | 2.12 | -2.27 | 2.55 | 3.38 | -1.24 | 4.82 | 0.01 | -0.01 | 1.13 | 1.14 | 5.93 | 4.07 |
2012 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2012 | |
Price | 10.74 | 3.04 | 3.00 | 17.53 | 1.83 | -4.90 | 4.89 | 1.58 | 19.38 | 4.40 | 3.81 | 0.94 | 9.40 | -1.25 | -0.93 | 2.55 | 0.33 | 9.76 | 31.04 |
NAV | 7.61 | 1.17 | 3.58 | 12.77 | 2.70 | -4.87 | 4.72 | 2.32 | 15.38 | 3.39 | 1.30 | 0.08 | 4.82 | 0.52 | -0.05 | 3.34 | 3.82 | 8.82 | 25.56 |
Difference | -3.13 | -1.86 | 0.57 | -4.76 | 0.87 | 0.03 | -0.17 | 0.74 | -4.00 | -1.02 | -2.51 | -0.85 | -4.58 | 1.77 | 0.88 | 0.79 | 3.49 | -0.94 | -5.47 |
Performance Chart
Discount
Characteristics
PORTFOLIO Weighted Average Data |
||||
---|---|---|---|---|
Discount -1.08% |
1Yr Disc -5.29% |
3Yr Disc -5.17% |
5Yr Disc -5.94% |
Rel Disc Range (3yr) 69.17% |
Mkt Yield 9.17% |
Lev Adj NAV Yield 7.39% |
After Tax Yield* 8.08% |
Est Tax Friction* 1.09% |
3Yr NAV Volatiliy 19.72 |
1 Yr RoC 52.79% |
3 Yr Dest RoC 43.68% |
Leverage 23.39% |
Non Lev Exp Ratio 1.38% |
Beta (2yr) 0.86 |
Equity Exposure 71.41% |
Bond Exposure 27.18% |
# Holdings 9 |
Cash Weighted Duration |
|
Comp NAV TR 0.32% |
Comp Discount 0.79% |
Net Assets (M) 611 |
Liquidity - 90d (K) 1,812 |
|
* Based on marginal tax rates of 25% and long-term capital gains rates of 15%. |
Asset Allocation
Constituents
9 Funds
Ticker | Name | Sponsor | Allocation | Discount | Market Yield | RoC(1yr) | Leverage | Net Assets | Liquidity (90d) |
---|---|---|---|---|---|---|---|---|---|
AWP | abrdn Glbl Prmr Prop Fd | abrdn | 10.84 | 1.42 | 11.21 | 67.92 | 17.60 | 361 | 1,187 |
IGR | CBRE Clr Glbl Rel-Est Incm Fd | CBRE Invst Mgmt | 10.20 | 1.42 | 12.59 | 55.88 | 28.77 | 793 | 3,281 |
JRI | Nuv Rel-Ast Incm & Gwth Fd | Nuveen | 11.57 | -4.43 | 11.98 | 47.53 | 27.57 | 384 | 1,834 |
JRS | Nuv Rel-Est Incm Fd | Nuveen | 11.56 | -6.76 | 7.47 | 79.86 | 28.28 | 282 | 852 |
NRO | NB Rel-Est Sec Incm Fd | Neuberger Berman | 10.98 | -0.77 | 9.70 | 52.81 | 20.62 | 185 | 441 |
RFI | C&S Tot Rtn Rty Fd | Cohen&Steers | 11.39 | 3.90 | 7.51 | 27.98 | 0.00 | 327 | 856 |
RLTY | C&S Rel-Est Opp & Incm Fd | Cohen&Steers | 11.12 | -4.46 | 8.11 | 67.09 | 32.30 | 285 | 1,505 |
RNP | C&S REIT & Pref Incm Fd | Cohen&Steers | 11.29 | 3.29 | 7.13 | 0.00 | 29.10 | 1,060 | 2,293 |
RQI | C&S Qlty Incm Rty Fd | Cohen&Steers | 11.06 | -2.89 | 7.15 | 23.51 | 26.70 | 1,859 | 4,224 |