3 / 5 Stars
3 3 2 5 5
Zacks Investment Research
Standard & Poor's
2 / 5 Stars
U.S. News evaluated 57 Global Real Estate Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 2.88 percent over the past year, 6.04 percent over the past three years, 22.74 percent over the past five years, and 7.60 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.6%|
|3 Years (Annualized)||6.0%|
|5 Years (Annualized)||22.7%|
|10 Years (Annualized)||7.6%|
The investment seeks capital appreciation and income. The fund normally invests at least 80% of its investable assets in equity-related securities of real estate companies, principally real estate investment trust (REITs), and other real estate securities. Equity-related securities may also include common stock, convertible securities, nonconvertible preferred stock, American Depositary Receipts (ADRs), warrants and other rights that can be exercised to obtain stock, investments in various types of business ventures and similar securities. It invests at least 40% of its total assets in foreign securities. The fund is non-diversified.
Fees are High compared to funds in the same category.
Prudential Global Real Estate Fund has an expense ratio of 1.97 percent.
Risk is Average compared to funds in the same category according to Morningstar.