AB Global Real Estate Investment Fund
Name
As of 11/07/2019Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$65.5 M
Holdings in Top 10
33.6%
52 WEEK LOW AND HIGH
$15.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio N/A
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/07/2019Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
AREBX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAB Global Real Estate Investment Fund
-
Fund Family NameALLIANCEBE
-
Inception DateN/A
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
Under normal circumstances, the Fund invests at least 80% of its net assets in the equity securities of real estate investment trusts, or REITs, and other real estate industry companies, such as real estate operating companies, or REOCs. The Fund invests in real estate companies that the Adviser believes have strong property fundamentals and management teams. The Fund seeks to invest in real estate companies whose underlying portfolios are diversified geographically and by property type.
The Fund invests in U.S. and non‑U.S. issuers. Under normal circumstances, the Fund invests significantly (at least 40%—unless market conditions are not deemed favorable by the Adviser) in securities of non‑U.S. companies. In addition, the Fund invests, under normal circumstances, in the equity securities of companies located in at least three countries. Equity securities include common stock, shares of beneficial interest of REITs, and securities with common stock characteristics, such as preferred stock or convertible securities (“real estate equity securities”).
The Fund’s investment policies emphasize investments in companies determined by the Adviser to be undervalued relative to their peers, using a fundamental value approach. In selecting real estate equity securities, the Adviser’s research and investment process seeks to identify globally those companies where the magnitude and growth of cash flow streams have not been appropriately reflected in the price of the security. These securities may trade at a more attractive valuation than others that may have similar overall fundamentals. The Adviser’s fundamental research efforts are focused on forecasting the short and long-term normalized cash generation capability of real estate companies by isolating supply and demand for property types in local markets, determining the replacement value of properties, assessing future development opportunities, and normalizing capital structures of real estate companies.
Currencies can have a dramatic impact on equity return, significantly adding to returns in some years and greatly diminishing them in others. The Adviser evaluates currency and equity positions separately and may seek to hedge the currency exposure resulting from securities positions when it finds the currency exposure unattractive. To hedge a portion of its currency risk, the Fund may from time to time invest in currency-related derivatives, including forward currency exchange contracts, futures contracts, options on futures contracts, swaps and options. The Adviser also may seek investment opportunities by taking long or short positions in currencies through the use of currency-related derivatives.
The Fund may enter into forward commitments and standby commitment agreements. The Fund may enter into other derivatives transactions, such as options, futures contracts, forwards, and swaps. The Fund may use options strategies involving the purchase and/or writing of various combinations of call and/or put options, including on individual securities and stock indices, futures contracts (including futures contracts on individual securities and stock indices) or shares of exchange-traded funds (“ETFs”). These transactions may be used, for example, in an effort to earn extra income, to adjust exposure to individual securities or markets, or to protect all or a portion of the Fund’s portfolio from a decline in value, sometimes within certain ranges.
The Fund may, at times, invest in shares of ETFs in lieu of making direct investments in equity securities. ETFs may provide more efficient and economical exposure to the type of companies and geographic locations in which the Fund seeks to invest than direct investments.
AREBX - Performance
Return Ranking - Trailing
Period | AREBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -38.4% | 0.0% | 2.75% |
1 Yr | N/A | -34.9% | 15.3% | 0.92% |
3 Yr | N/A* | -15.5% | 22.1% | 3.66% |
5 Yr | N/A* | -11.3% | 11.4% | 22.94% |
10 Yr | N/A* | -5.9% | 10.5% | 3.09% |
* Annualized
Return Ranking - Calendar
Period | AREBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -12.7% | 26.5% | 20.28% |
2022 | N/A | -27.7% | 73.0% | 35.57% |
2021 | N/A | -10.0% | 23.6% | 61.41% |
2020 | N/A | -31.0% | 42.6% | 28.32% |
2019 | -8.4% | -27.7% | 2.8% | 26.28% |
Total Return Ranking - Trailing
Period | AREBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -38.4% | 0.0% | 2.75% |
1 Yr | N/A | -34.9% | 15.3% | 0.92% |
3 Yr | N/A* | -15.5% | 25.8% | 3.66% |
5 Yr | N/A* | -7.3% | 19.5% | 17.06% |
10 Yr | N/A* | -2.5% | 10.5% | 3.09% |
* Annualized
Total Return Ranking - Calendar
Period | AREBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -12.7% | 26.5% | 20.28% |
2022 | N/A | -27.7% | 76.6% | 26.80% |
2021 | N/A | 1.3% | 28.0% | 41.30% |
2020 | N/A | -27.8% | 49.1% | 41.62% |
2019 | -5.9% | -8.7% | 5.0% | 43.59% |
NAV & Total Return History
AREBX - Holdings
Concentration Analysis
AREBX | Category Low | Category High | AREBX % Rank | |
---|---|---|---|---|
Net Assets | 65.5 M | 119 K | 7.73 B | 61.50% |
Number of Holdings | 135 | 22 | 691 | 28.77% |
Net Assets in Top 10 | 24.5 M | 686 K | 5.28 B | 62.74% |
Weighting of Top 10 | 33.64% | 18.9% | 69.1% | 92.92% |
Top 10 Holdings
- Prologis Inc 6.63%
- Equinix Inc 5.21%
- Public Storage 3.76%
- Mitsui Fudosan Co Ltd 3.12%
- Welltower Inc 2.88%
- VICI Properties Inc 2.76%
- Equity Residential 2.67%
- Sun Communities Inc 2.32%
- Ventas Inc 2.16%
- Essex Property Trust Inc 2.14%
Asset Allocation
Weighting | Return Low | Return High | AREBX % Rank | |
---|---|---|---|---|
Stocks | 99.24% | 13.60% | 101.04% | 51.38% |
Cash | 0.92% | -1.23% | 47.45% | 49.06% |
Preferred Stocks | 0.00% | 0.00% | 23.47% | 54.72% |
Convertible Bonds | 0.00% | 0.00% | 0.55% | 54.25% |
Bonds | 0.00% | -15.73% | 3.22% | 54.13% |
Other | -0.16% | -0.39% | 4.14% | 29.25% |
Stock Sector Breakdown
Weighting | Return Low | Return High | AREBX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 3.16% | 54.72% |
Technology | 0.00% | 0.00% | 12.06% | 66.04% |
Real Estate | 0.00% | 70.83% | 100.00% | 80.66% |
Industrials | 0.00% | 0.00% | 6.58% | 8.02% |
Healthcare | 0.00% | 0.00% | 1.06% | 59.43% |
Financial Services | 0.00% | 0.00% | 8.77% | 61.79% |
Energy | 0.00% | 0.00% | 0.01% | 53.77% |
Communication Services | 0.00% | 0.00% | 4.67% | 65.57% |
Consumer Defense | 0.00% | 0.00% | 0.05% | 53.77% |
Consumer Cyclical | 0.00% | 0.00% | 14.09% | 36.79% |
Basic Materials | 0.00% | 0.00% | 0.83% | 3.30% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | AREBX % Rank | |
---|---|---|---|---|
US | 63.10% | 0.00% | 66.07% | 28.30% |
Non US | 36.14% | 4.35% | 101.04% | 70.28% |
AREBX - Expenses
Operational Fees
AREBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | 0.11% | 26.91% | 21.96% |
Management Fee | N/A | 0.09% | 1.50% | 7.76% |
12b-1 Fee | N/A | 0.00% | 1.00% | 85.44% |
Administrative Fee | N/A | 0.01% | 0.26% | N/A |
Sales Fees
AREBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | 8.57% |
Trading Fees
AREBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 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.
AREBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 242.00% | 62.56% |
AREBX - Distributions
Dividend Yield Analysis
AREBX | Category Low | Category High | AREBX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 5.15% | 57.53% |
Dividend Distribution Analysis
AREBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
AREBX | Category Low | Category High | AREBX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -0.25% | 4.32% | 77.06% |
Capital Gain Distribution Analysis
AREBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 13, 2019 | $0.044 | OrdinaryDividend |
Jun 14, 2019 | $0.054 | OrdinaryDividend |
Dec 14, 2018 | $0.272 | OrdinaryDividend |
Sep 17, 2018 | $0.019 | OrdinaryDividend |
Jun 18, 2018 | $0.078 | OrdinaryDividend |
Mar 19, 2018 | $0.013 | OrdinaryDividend |
Dec 18, 2017 | $0.779 | OrdinaryDividend |
Jun 19, 2017 | $0.025 | OrdinaryDividend |
Dec 19, 2016 | $0.213 | OrdinaryDividend |
Sep 19, 2016 | $0.077 | OrdinaryDividend |
Jun 20, 2016 | $0.068 | OrdinaryDividend |
Mar 21, 2016 | $0.041 | OrdinaryDividend |
Dec 21, 2015 | $0.201 | OrdinaryDividend |
Sep 21, 2015 | $0.006 | OrdinaryDividend |
Jun 22, 2015 | $0.037 | OrdinaryDividend |
Mar 23, 2015 | $0.000 | OrdinaryDividend |
Dec 23, 2014 | $0.364 | OrdinaryDividend |
Dec 26, 2013 | $0.353 | OrdinaryDividend |
Dec 26, 2012 | $0.659 | OrdinaryDividend |
Jul 20, 2012 | $0.015 | ExtraDividend |
Dec 28, 2011 | $0.270 | OrdinaryDividend |
Dec 27, 2010 | $0.273 | OrdinaryDividend |
Dec 28, 2009 | $0.502 | OrdinaryDividend |
Jun 23, 2009 | $0.028 | OrdinaryDividend |
Mar 24, 2009 | $0.023 | OrdinaryDividend |
Dec 29, 2008 | $0.009 | OrdinaryDividend |
Sep 23, 2008 | $0.028 | OrdinaryDividend |
Jun 24, 2008 | $0.028 | OrdinaryDividend |
Mar 24, 2008 | $0.035 | OrdinaryDividend |
Dec 24, 2007 | $0.482 | OrdinaryDividend |
Sep 24, 2007 | $0.002 | OrdinaryDividend |
Jun 26, 2007 | $0.020 | OrdinaryDividend |
Dec 27, 2006 | $0.003 | OrdinaryDividend |
Sep 26, 2006 | $0.003 | OrdinaryDividend |
Jun 27, 2006 | $0.005 | OrdinaryDividend |
Mar 28, 2006 | $0.016 | OrdinaryDividend |
Sep 27, 2005 | $0.013 | OrdinaryDividend |
Jun 28, 2005 | $0.026 | OrdinaryDividend |
Mar 29, 2005 | $0.021 | OrdinaryDividend |
Dec 27, 2004 | $0.112 | OrdinaryDividend |
Sep 28, 2004 | $0.112 | OrdinaryDividend |
Jun 29, 2004 | $0.112 | OrdinaryDividend |
Mar 30, 2004 | $0.112 | OrdinaryDividend |
Dec 26, 2003 | $0.112 | OrdinaryDividend |
Sep 26, 2003 | $0.112 | OrdinaryDividend |
Jun 27, 2003 | $0.112 | OrdinaryDividend |
Mar 28, 2003 | $0.112 | OrdinaryDividend |
Dec 27, 2002 | $0.112 | OrdinaryDividend |
Sep 25, 2002 | $0.112 | OrdinaryDividend |
Jun 19, 2002 | $0.112 | OrdinaryDividend |
Mar 20, 2002 | $0.112 | OrdinaryDividend |
Dec 19, 2001 | $0.112 | OrdinaryDividend |
Sep 26, 2001 | $0.112 | OrdinaryDividend |
Jun 20, 2001 | $0.112 | OrdinaryDividend |
Mar 20, 2001 | $0.112 | OrdinaryDividend |
Dec 20, 2000 | $0.112 | OrdinaryDividend |
Sep 20, 2000 | $0.131 | OrdinaryDividend |
Jun 20, 2000 | $0.131 | OrdinaryDividend |
Mar 20, 2000 | $0.131 | OrdinaryDividend |
Dec 20, 1999 | $0.131 | OrdinaryDividend |
Sep 20, 1999 | $0.131 | OrdinaryDividend |
Jun 18, 1999 | $0.131 | OrdinaryDividend |
Mar 18, 1999 | $0.131 | OrdinaryDividend |
Dec 29, 1998 | $0.131 | OrdinaryDividend |
Sep 18, 1998 | $0.109 | OrdinaryDividend |
Jun 19, 1998 | $0.109 | OrdinaryDividend |
Mar 18, 1998 | $0.109 | OrdinaryDividend |
Dec 23, 1997 | $0.109 | OrdinaryDividend |
Sep 19, 1997 | $0.109 | OrdinaryDividend |
Jun 17, 1997 | $0.109 | OrdinaryDividend |
Mar 17, 1997 | $0.109 | OrdinaryDividend |