| Fund Assets | 304.71M |
| Expense Ratio | 0.75% |
| Min. Investment | $2,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 2.90% |
| Dividend Growth | 4.49% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Apr 9, 2025 |
| Previous Close | 14.91 |
| YTD Return | 1.30% |
| 1-Year Return | 10.31% |
| 5-Year Return | 35.61% |
| 52-Week Low | 13.38 |
| 52-Week High | 16.55 |
| Beta (5Y) | n/a |
| Holdings | 41 |
| Inception Date | Sep 28, 2012 |
About BIREX
The Fund's investment strategy focuses on Real Estate with 1.05% total expense ratio. The minimum amount to invest in BlackRock Funds: BlackRock Real Estate Securities Fund; Institutional Class Shares is $2,000,000 on a standard taxable account. BlackRock Funds: BlackRock Real Estate Securities Fund; Institutional Class Shares seeks total return comprised of long-term growth of capital and dividend income. BIREX invests at least 80% of its net assets plus any borrowings for investment purposes in a portfolio of equity investments in issuers that are primarily engaged or related to the real estate industry inside the United States.
Performance
BIREX had a total return of 10.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.18%.
Top 10 Holdings
51.33% of assets| Name | Symbol | Weight |
|---|---|---|
| American Tower Corporation | AMT | 6.91% |
| Equinix, Inc. | EQIX | 6.71% |
| Prologis, Inc. | PLD | 6.53% |
| Welltower Inc. | WELL | 5.87% |
| AvalonBay Communities, Inc. | AVB | 5.44% |
| Public Storage | PSA | 4.31% |
| Simon Property Group, Inc. | SPG | 4.30% |
| Iron Mountain Incorporated | IRM | 3.80% |
| VICI Properties Inc. | VICI | 3.78% |
| Crown Castle Inc. | CCI | 3.70% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 9, 2025 | $0.09654 | Apr 10, 2025 |
| Dec 10, 2024 | $0.11706 | Dec 11, 2024 |
| Oct 10, 2024 | $0.09784 | Oct 11, 2024 |
| Jul 18, 2024 | $0.12101 | Jul 19, 2024 |
| Apr 10, 2024 | $0.0908 | Apr 11, 2024 |
| Dec 8, 2023 | $0.13039 | Dec 11, 2023 |