QREARX: TIAA Real Estate Account

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QREARX TIAA Real Estate Account


Profile

QREARX - Profile

Vitals

  • YTD Return -1.2%
  • 3 Yr Annualized Return 3.9%
  • 5 Yr Annualized Return 4.5%
  • Net Assets $25.2 B
  • Holdings in Top 10 19.3%

52 WEEK LOW AND HIGH

$435.14
$427.72
$442.78

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.76%

SALES FEES

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

BROKERAGE FEES

  • Turnover 11.80%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Miscellaneous Sector

Distributions

  • YTD Total Return -1.2%
  • 3 Yr Annualized Total Return 3.9%
  • 5 Yr Annualized Total Return 4.5%
  • Capital Gain Distribution Frequency Daily
  • Net Income Ratio 2.95%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    TIAA Real Estate Account
  • Fund Family Name
    TIAA Investments
  • Inception Date
    Oct 02, 1995
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Gordon(Chris) McGibbon

Fund Description

The advisor intends to have between 75% and 85% of its net assets invested directly in real estate or real estate-related investments with the goal of producing favorable long-term returns primarily through rental income and appreciation. The Account targets holding between 65% and 85% of the Account's net assets in such direct ownership interests.


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Categories

Performance

QREARX - Performance

Return Ranking - Trailing

Period QREARX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.2% -46.2% 28.9% 17.63%
1 Yr 1.6% -56.3% 41.1% 27.37%
3 Yr 3.9%* -38.8% 14.5% 5.87%
5 Yr 4.5%* -35.4% 9.5% 1.74%
10 Yr N/A* -37.0% 11.1% 14.26%

* Annualized

Return Ranking - Calendar

Period QREARX Return Category Return Low Category Return High Rank in Category (%)
2019 5.5% -50.4% 46.8% 86.48%
2018 4.8% -31.8% 11.7% 0.99%
2017 4.4% -44.7% 46.3% 66.43%
2016 5.2% -29.9% 420.6% 32.87%
2015 8.2% -57.4% 14.6% 0.97%

Total Return Ranking - Trailing

Period QREARX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.2% -46.2% 28.9% 17.63%
1 Yr 1.6% -56.3% 41.1% 27.26%
3 Yr 3.9%* -38.8% 14.5% 11.16%
5 Yr 4.5%* -35.4% 9.5% 8.58%
10 Yr N/A* -37.0% 11.2% 19.63%

* Annualized

Total Return Ranking - Calendar

Period QREARX Return Category Return Low Category Return High Rank in Category (%)
2019 5.5% -50.4% 46.8% 86.48%
2018 4.8% -27.6% 11.7% 1.21%
2017 4.4% -44.7% 46.3% 83.45%
2016 5.2% -29.9% 420.6% 60.03%
2015 8.2% -57.4% 14.6% 0.97%

NAV & Total Return History


Holdings

QREARX - Holdings

Concentration Analysis

QREARX Category Low Category High QREARX % Rank
Net Assets 25.2 B 100 K 153 B 3.97%
Number of Holdings 433 2 13456 28.76%
Net Assets in Top 10 5.3 B -35.2 M 27.1 B 3.95%
Weighting of Top 10 19.34% 5.5% 100.0% 79.93%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High QREARX % Rank
Other
91.11% -4.42% 167.50% 0.31%
Bonds
3.23% -7.02% 80.79% 98.13%
Cash
3.01% -120.83% 149.68% 64.07%
Stocks
2.64% -113.74% 77.36% 92.63%
Preferred Stocks
0.00% 0.00% 36.61% 87.33%
Convertible Bonds
0.00% -0.67% 52.57% 90.76%

Stock Sector Breakdown

Weighting Return Low Return High QREARX % Rank
Real Estate
98.55% 0.00% 99.96% 0.22%
Technology
1.45% 0.00% 100.00% 95.16%
Utilities
0.00% 0.00% 100.00% 95.16%
Industrials
0.00% 0.00% 99.44% 98.57%
Healthcare
0.00% 0.00% 54.35% 98.02%
Financial Services
0.00% 0.00% 62.98% 98.90%
Energy
0.00% 0.00% 100.00% 97.91%
Communication Services
0.00% 0.00% 26.69% 97.91%
Consumer Defense
0.00% 0.00% 18.41% 97.91%
Consumer Cyclical
0.00% 0.00% 33.58% 97.91%
Basic Materials
0.00% 0.00% 19.70% 96.70%

Stock Geographic Breakdown

Weighting Return Low Return High QREARX % Rank
US
2.60% -112.30% 75.95% 92.63%
Non US
0.04% -3.33% 33.55% 90.13%

Bond Sector Breakdown

Weighting Return Low Return High QREARX % Rank
Cash & Equivalents
48.19% -3.87% 100.00% 7.06%
Corporate
41.75% 0.00% 100.00% 29.91%
Government
9.70% 0.00% 90.31% 76.95%
Municipal
0.37% 0.00% 99.50% 29.91%
Derivative
0.00% 0.00% 69.90% 80.48%
Securitized
0.00% 0.00% 85.82% 92.00%

Bond Geographic Breakdown

Weighting Return Low Return High QREARX % Rank
US
2.22% -8.49% 88.92% 98.13%
Non US
1.01% -14.78% 29.41% 77.47%

Expenses

QREARX - Expenses

Operational Fees

QREARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.76% 0.01% 7.41% 66.77%
Management Fee 0.26% 0.00% 2.00% 27.75%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.20% 0.01% 0.83% 73.33%

Sales Fees

QREARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

QREARX 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.

QREARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 11.80% 0.00% 574.00% 13.90%

Distributions

QREARX - Distributions

Dividend Yield Analysis

QREARX Category Low Category High QREARX % Rank
Dividend Yield 0.00% 0.00% 10.53% 67.39%

Dividend Distribution Analysis

QREARX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Monthly Annually

Net Income Ratio Analysis

QREARX Category Low Category High QREARX % Rank
Net Income Ratio 2.95% -49.00% 6.65% 13.52%

Capital Gain Distribution Analysis

QREARX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Daily Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

QREARX - Fund Manager Analysis

Managers

Gordon(Chris) McGibbon


Start Date

Tenure

Tenure Rank

May 01, 2016

4.0

4.0%

Managing Director, Head of Americas, Global Real Estate, TIAA.

Randy Giraldo


Start Date

Tenure

Tenure Rank

Aug 29, 2017

2.67

2.7%

Since joining TIAA in 2008, Mr. Giraldo has held positions in real estate acquisitions and portfolio management, including positions that directly supported the portfolio management team for the Account from 2012 to 2014. Since 2016, Mr. Giraldo has served as head of portfolio management for the TH Real Estate division. Mr. Giraldo holds undergraduate degrees in liberal arts and civil engineering from Fairfield University and Stevens Institute of Technology, respectively. He also holds a Master of Science in construction management from Stevens Institute of Technology and a Master of Business Administration from Columbia University Business School.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.35 6.95 0.33