BlackRock Real Estate Securities Fund (BIREX)
| Fund Assets | 333.00M |
| Expense Ratio | 0.75% |
| Min. Investment | $2,000,000 |
| Turnover | 59.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 2.98% |
| Dividend Growth | 6.18% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jul 17, 2025 |
| Previous Close | 15.07 |
| YTD Return | 3.27% |
| 1-Year Return | -1.98% |
| 5-Year Return | 36.42% |
| 52-Week Low | 13.38 |
| 52-Week High | 16.55 |
| Beta (5Y) | n/a |
| Holdings | 41 |
| Inception Date | Sep 28, 2012 |
About BIREX
BlackRock Real Estate Securities Fund Institutional Shares is an actively managed mutual fund that primarily invests in equity securities of companies engaged in the U.S. real estate sector. The fund allocates at least 80% of its assets to these real estate-related firms, focusing on those deriving significant portions of their revenues or profits from commercial, industrial, or residential real estate businesses. Up to 20% of assets may be invested internationally. The fund’s portfolio is concentrated, with the top 10 holdings representing just over half of total assets, and includes established real estate investment trusts (REITs) such as American Tower Corp, Equinix Inc, and Prologis Inc. Designed for institutional investors, it features a substantial minimum investment, institutional share structure, and a competitive expense ratio relative to its peers. The fund seeks a total return through a combination of long-term capital appreciation and dividend income, making it a notable vehicle for gaining exposure to the listed real estate market and its income-generating potential. It is benchmarked against the FTSE Nareit All Equity REITs Index, providing a representative measure of U.S. listed real estate equities.
Performance
BIREX had a total return of -1.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.20%.
Top 10 Holdings
52.34% of assets| Name | Symbol | Weight |
|---|---|---|
| Prologis, Inc. | PLD | 7.13% |
| American Tower Corporation | AMT | 6.30% |
| Welltower Inc. | WELL | 6.11% |
| Equinix, Inc. | EQIX | 5.43% |
| AvalonBay Communities, Inc. | AVB | 5.28% |
| Digital Realty Trust, Inc. | DLR | 5.23% |
| Crown Castle Inc. | CCI | 4.78% |
| VICI Properties Inc. | VICI | 4.52% |
| Simon Property Group, Inc. | SPG | 4.31% |
| Essex Property Trust, Inc. | ESS | 3.25% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 17, 2025 | $0.13912 | Jul 18, 2025 |
| 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 |