3 / 5 Stars
4 4 3 1 5
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#14 in Real Estate
U.S. News evaluated 75 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 16.65 percent over the past year, 14.82 percent over the past three years, and 6.80 percent over the past five years.
|Trailing Returns||Updated 05.31.2013|
|Year to date||7.8%|
|3 Years (Annualized)||14.8%|
|5 Years (Annualized)||6.8%|
|10 Years (Annualized)||N/A|
The investment seeks long-term total investment return through a combination of capital appreciation and current income. Under normal market conditions, the fund invests at least 80% of its assets in equity real estate investment trusts ("REITs") and other commercial real estate-oriented companies which own, manage and invest in underlying real estate assets, such as offices, industrial properties, malls, shopping centers, apartments, storage, specialty and health care facilities, but not residential homes or home builders. It may invest up to 50% of its net assets in securities of non-U.S. issuers. The fund is non-diversified.
Fees are High compared to funds in the same category.
Phocas Real Estate Fund has an expense ratio of 1.50 percent.
Risk is Average compared to funds in the same category according to Morningstar.