About ARREX
American Century Real Estate Fund, R5 Class, is an open-end mutual fund that invests primarily in the equities of companies within the real estate sector, including real estate investment trusts (REITs) and related companies. The fund aims to achieve a high total investment return, balancing both capital appreciation and current income. Managed by American Century's experienced team since its inception in 2017, the fund typically commits at least 80% of its net assets to real estate securities, offering investors targeted exposure to the property sector. Notable features include a competitive expense ratio of 0.95%, no minimum initial investment for standard taxable accounts, and a quarterly dividend distribution policy, contributing to a recent yield around 2%. The fund maintains a concentrated portfolio, with over half its assets in its top ten holdings, which can lead to higher volatility compared to broader funds. As a non-diversified product, it plays a specialized role in the market, serving investors and retirement plans seeking to allocate capital specifically to real estate, rather than providing a core, all-market exposure.
Fund Family American Century Investments
Category Real Estate
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol ARREX
Share Class R5 Class
Index FTSE NAREIT All Equity REITS TR
ARREX had a total return of 3.93% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.33%.
