Best Performing Funds Year To Date
Article from Zacks
By: Zacks Investment Research
January 18, 2012
REACX | DPRTX | GMORX | DPREX | RPFRX
Mutual funds investing the real estate sector should definitely be part of portfolios with a long term horizon even though the sector has traversed rough waters in the recent past. Real estate mutual funds have delivered significantly high returns in the past and offer a convenient method for investing in this sector. With their low initial investment requirements, well diversified portfolios and professional management they can go a long way in lowering the risk involved. They also bring stability and steady returns to portfolios over the long term.
Below we will share with you the 5 best performing real estate mutual funds year to date. To view the Zacks Rank and past performance of all real estate funds
American Century Real Estate (REACX) invests a large proportion of its assets in real estate investment trusts and companies from the sector. The fund focuses on acquiring common and preferred stock and related convertible securities. The real estate mutual fund returned 12.86% over the last one year period.
Steven R. Brown is the Fund Manager and he has been managing this real estate mutual fund since 2008.
Delaware Real Estate Investment Trust II (DPRTX) seeks total return with a secondary objective of capital growth. A large proportion of the fund’s assets are used to purchase equity securities issued by real estate investment trusts and companies. The real estate mutual fund has a ten year annualized return of 9.38%.
The real estate mutual fund has an expense ratio of 0.95% compared to a category average of 1.40%.
GMO Real Estate III (GMORX) invests the majority of its assets in real estate investment trusts and related investments. The fund seeks to provide returns in excess of its benchmark, the MSCI U.S. REIT Index. The real-estate mutual fund is non-diversified and returned 10.5% over the last one year period.
Sam Wilderman is the Fund Manager and he has been managing this real estate mutual fund since 2008.
Delaware REIT A (DPREX) seeks total return. The fund invests at least 80% of its assets in real estate investment trusts. The fund also invests a substantial portion of its assets in securities issued by firms from the real estate sector. The real-estate mutual fund has a three year annualized return of 23.02%.
As of November 2011, this real estate mutual fund held 49 issues, with 12.08% of its total assets invested in Simon Property Group, Inc.
Davis Real Estate A (RPFRX) invests heavily in securities issued by companies whose primary operations are related to the real estate sector. The fund focuses on acquiring equity securities. Though it primarily invests in domestic companies, it may also invest in foreign firms. The real estate mutual fund returned 9.22% over the last one year period.
The real estate mutual fund has a minimum initial investment of $1,000 and an expense ratio of 1.11% compared to a category average of 1.40%.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at http://www.zacks.com/funds.
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