Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-7.4%
1 yr return
-2.8%
3 Yr Avg Return
-6.4%
5 Yr Avg Return
-2.1%
Net Assets
$302 M
Holdings in Top 10
39.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.32%
SALES FEES
Front Load 4.75%
Deferred Load N/A
TRADING FEES
Turnover 65.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BLRAX - Profile
Distributions
- YTD Total Return -7.4%
- 3 Yr Annualized Total Return -6.4%
- 5 Yr Annualized Total Return -2.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.84%
- Dividend Yield 4.3%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameBrookfield Global Listed Real Estate Fund
-
Fund Family NameBrookfield Fund Complex
-
Inception DateMay 01, 2012
-
Shares Outstanding902950
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBernhard Krieg
Fund Description
On page 2 of the Prospectus, under the heading “SUMMARY,” the first paragraph under the subsection “Principal Investment Strategies” is hereby deleted and replaced with the following:
“The Fund seeks to achieve its investment objective by investing primarily in real estate investment trusts (“REITs”) and other securities in the real estate industry. Under normal market conditions, the Fund will attempt to achieve its investment objective by investing, as a principal strategy, at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in publicly traded equity securities of real estate companies listed on a domestic or foreign exchange, throughout the world, including the United States (the “80% Policy”). As part of the 80% Policy, under normal market conditions, at least 35% of the Fund’s net assets (plus the amount of any borrowing for investment purposes) will be invested in publicly traded securities of real estate companies whose primary operations or principal trading market is in a foreign market, and that are not subject to the requirements of the U.S. securities laws, markets and accounting requirements (“Foreign Securities”), and the Fund will maintain exposure to securities of real estate companies in the United States and in at least three countries outside the United States. The Fund considers an issuer’s “primary operations” to be in a foreign market if the issuer (i) is organized under the laws of that country, or (ii) derives at least 50% of its revenues or profits from goods produced or sold, investments made, services performed, or has at least 50% of its assets located within that country. The Fund may also invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in fixed income securities, including obligations of the U.S. Government, floating rate loans, money-market instruments, and below-investment grade rated securities (“junk bonds”), as described in this Prospectus. As part of the 20% of the Fund’s net assets (plus the amount of any borrowing for investment purposes) that may be invested in fixed income securities, up to 10% of the Fund’s net assets (plus the amount of any borrowing for investment purposes) may be invested in below investment grade (“junk”) fixed income securities, of which 5% may be invested in fixed income securities rated “CCC” or lower by Standard & Poor’s Rating Services (“S&P”) or “Caa” or lower by Moody’s Investors Service, Inc. (“Moody’s”) or non-rated securities of comparable quality. The Fund, however, may not invest in securities that are in default at the time of initial investment.”
Please retain this Supplement for reference.
BLRAX - Performance
Return Ranking - Trailing
Period | BLRAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -7.4% | -14.7% | 6.6% | 80.11% |
1 Yr | -2.8% | -14.8% | 15.5% | 89.50% |
3 Yr | -6.4%* | -16.7% | 18.8% | 82.94% |
5 Yr | -2.1%* | -10.4% | 15.6% | 83.43% |
10 Yr | 1.7%* | -2.9% | 10.4% | 72.38% |
* Annualized
Return Ranking - Calendar
Period | BLRAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.9% | -16.8% | 16.7% | 78.21% |
2022 | -23.5% | -43.9% | 4.5% | 9.20% |
2021 | 20.8% | -13.9% | 30.7% | 45.88% |
2020 | -13.9% | -20.7% | 13.7% | 87.65% |
2019 | 14.6% | 1.0% | 26.5% | 56.21% |
Total Return Ranking - Trailing
Period | BLRAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -7.4% | -14.7% | 6.6% | 80.11% |
1 Yr | -2.8% | -14.8% | 15.5% | 89.50% |
3 Yr | -6.4%* | -16.7% | 18.8% | 82.94% |
5 Yr | -2.1%* | -10.4% | 15.6% | 83.43% |
10 Yr | 1.7%* | -2.9% | 10.4% | 72.38% |
* Annualized
Total Return Ranking - Calendar
Period | BLRAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.9% | -14.6% | 23.4% | 84.92% |
2022 | -22.1% | -39.5% | 10.1% | 8.62% |
2021 | 23.4% | 5.7% | 101.8% | 70.59% |
2020 | -10.6% | -17.8% | 14.7% | 88.82% |
2019 | 20.1% | 6.7% | 37.2% | 89.35% |
NAV & Total Return History
BLRAX - Holdings
Concentration Analysis
BLRAX | Category Low | Category High | BLRAX % Rank | |
---|---|---|---|---|
Net Assets | 302 M | 4.31 M | 9.6 B | 52.22% |
Number of Holdings | 53 | 5 | 683 | 87.98% |
Net Assets in Top 10 | 142 M | 1.87 M | 6.34 B | 49.73% |
Weighting of Top 10 | 39.37% | 19.9% | 64.1% | 45.60% |
Top 10 Holdings
- Prologis Inc 8.98%
- Equinix Inc 5.29%
- Equity Residential 3.68%
- Ventas Inc 3.62%
- VICI Properties Inc 3.40%
- Kite Realty Group Trust 3.06%
- Vonovia SE 2.95%
- Mitsui Fudosan Co Ltd 2.94%
- Essential Properties Realty Trust Inc 2.73%
- American Homes 4 Rent 2.71%
Asset Allocation
Weighting | Return Low | Return High | BLRAX % Rank | |
---|---|---|---|---|
Stocks | 99.11% | 2.78% | 126.54% | 34.43% |
Cash | 0.89% | 0.00% | 10.38% | 69.40% |
Preferred Stocks | 0.00% | 0.00% | 7.08% | 53.01% |
Other | 0.00% | -33.49% | 102.40% | 65.03% |
Convertible Bonds | 0.00% | 0.00% | 0.07% | 51.10% |
Bonds | 0.00% | 0.00% | 25.03% | 53.01% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BLRAX % Rank | |
---|---|---|---|---|
Real Estate | 99.09% | 72.53% | 100.00% | 29.78% |
Consumer Cyclical | 0.91% | 0.00% | 13.03% | 42.70% |
Utilities | 0.00% | 0.00% | 0.96% | 52.25% |
Technology | 0.00% | 0.00% | 4.92% | 72.47% |
Industrials | 0.00% | 0.00% | 4.91% | 59.55% |
Healthcare | 0.00% | 0.00% | 1.54% | 57.87% |
Financial Services | 0.00% | 0.00% | 9.53% | 61.24% |
Energy | 0.00% | 0.00% | 0.11% | 51.12% |
Communication Services | 0.00% | 0.00% | 10.08% | 75.84% |
Consumer Defense | 0.00% | 0.00% | 0.18% | 52.81% |
Basic Materials | 0.00% | 0.00% | 1.63% | 52.25% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BLRAX % Rank | |
---|---|---|---|---|
US | 62.56% | 0.00% | 99.38% | 46.45% |
Non US | 36.55% | 0.00% | 98.96% | 34.97% |
BLRAX - Expenses
Operational Fees
BLRAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.32% | 0.11% | 33.54% | 51.91% |
Management Fee | 0.75% | 0.09% | 1.50% | 39.56% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 30.86% |
Administrative Fee | 0.15% | 0.01% | 0.25% | 87.04% |
Sales Fees
BLRAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.75% | 3.50% | 5.75% | 80.65% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
BLRAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 2.00% | 7.55% |
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.
BLRAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 65.00% | 1.00% | 165.00% | 50.85% |
BLRAX - Distributions
Dividend Yield Analysis
BLRAX | Category Low | Category High | BLRAX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.26% | 0.00% | 5.62% | 43.17% |
Dividend Distribution Analysis
BLRAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
BLRAX | Category Low | Category High | BLRAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.84% | -0.23% | 3.84% | 81.01% |
Capital Gain Distribution Analysis
BLRAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 21, 2024 | $0.110 | OrdinaryDividend |
Sep 21, 2023 | $0.076 | OrdinaryDividend |
Jun 22, 2023 | $0.087 | OrdinaryDividend |
Mar 16, 2023 | $0.028 | OrdinaryDividend |
Sep 15, 2022 | $0.091 | OrdinaryDividend |
Jun 16, 2022 | $0.076 | OrdinaryDividend |
Mar 17, 2022 | $0.033 | OrdinaryDividend |
Dec 16, 2021 | $0.045 | OrdinaryDividend |
Sep 16, 2021 | $0.048 | OrdinaryDividend |
Jun 17, 2021 | $0.067 | OrdinaryDividend |
Mar 18, 2021 | $0.124 | OrdinaryDividend |
Sep 17, 2020 | $0.100 | OrdinaryDividend |
Jun 18, 2020 | $0.101 | OrdinaryDividend |
Mar 19, 2020 | $0.073 | OrdinaryDividend |
Sep 19, 2019 | $0.129 | OrdinaryDividend |
Jun 20, 2019 | $0.129 | OrdinaryDividend |
Mar 21, 2019 | $0.127 | OrdinaryDividend |
Dec 20, 2018 | $0.114 | OrdinaryDividend |
Sep 20, 2018 | $0.120 | OrdinaryDividend |
Jun 21, 2018 | $0.123 | OrdinaryDividend |
Mar 22, 2018 | $0.120 | OrdinaryDividend |
Dec 21, 2017 | $0.122 | OrdinaryDividend |
Sep 21, 2017 | $0.123 | OrdinaryDividend |
Jun 22, 2017 | $0.123 | OrdinaryDividend |
Mar 22, 2017 | $0.120 | OrdinaryDividend |
Sep 22, 2016 | $0.130 | OrdinaryDividend |
Jun 22, 2016 | $0.125 | OrdinaryDividend |
Mar 22, 2016 | $0.122 | OrdinaryDividend |
Sep 22, 2015 | $0.119 | OrdinaryDividend |
Jun 22, 2015 | $0.128 | OrdinaryDividend |
Mar 30, 2015 | $0.058 | OrdinaryDividend |
Sep 29, 2014 | $0.053 | OrdinaryDividend |
Jun 27, 2014 | $0.057 | OrdinaryDividend |
Mar 28, 2014 | $0.056 | OrdinaryDividend |
Sep 27, 2013 | $0.055 | OrdinaryDividend |
Jun 27, 2013 | $0.057 | OrdinaryDividend |
Mar 27, 2013 | $0.058 | OrdinaryDividend |
Dec 28, 2012 | $0.029 | OrdinaryDividend |
BLRAX - Fund Manager Analysis
Managers
Bernhard Krieg
Start Date
Tenure
Tenure Rank
Nov 30, 2011
10.51
10.5%
Bernhard Krieg, CFA — Managing Director and Portfolio Manager. Mr. Krieg has 22 years of industry experience and is a Portfolio Manager on the Public Securities Group’s Real Estate Securities team. In his role he oversees and contributes to the portfolio construction process, including execution of buy/sell decisions. Prior to joining the Brookfield in 2006, Bernhard was a Senior Vice President at Haven Funds and a Vice President at Security Capital. He holds the Chartered Financial Analyst® designation. Bernhard earned a Master of Business Administration degree from Texas A&M University and his undergraduate equivalent in Business Administration and Civil Engineering from the Technical University in Dresden, Germany. Mr. Krieg has served as Co-Portfolio Manager of the Global Real Estate Fund, Real Assets Securities Fund and the U.S. Real Estate Fund since their respective inception dates.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 20.42 | 7.11 | 10.42 |