NYLI CBRE Real Estate Class I (CRARX)
| Fund Assets | 235.16M |
| Expense Ratio | 0.83% |
| Min. Investment | $1,000,000 |
| Turnover | 78.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 2.33% |
| Dividend Growth | -22.16% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 10.44 |
| YTD Return | 1.05% |
| 1-Year Return | 2.54% |
| 5-Year Return | 48.19% |
| 52-Week Low | 9.31 |
| 52-Week High | 11.67 |
| Beta (5Y) | n/a |
| Holdings | 46 |
| Inception Date | Jan 1, 1997 |
About CRARX
NYLI CBRE Real Estate Fund Class I is a mutual fund specializing in investments within the real estate sector. Managed by New York Life Investments in collaboration with CBRE Investment Management, the fund primarily invests in publicly traded real estate securities and real estate investment trusts (REITs), spanning both core and emerging sectors of the market. Its strategy focuses on offering investors diversified exposure to real estate assets through liquid and transparent securities, providing a complement to private real estate or broader multi-asset portfolios. By allocating at least 80% of its assets to common and preferred stocks of U.S. REITs and real estate companies, the fund seeks to deliver income and diversification benefits traditionally associated with real assets. The fund is guided by a team with significant expertise in listed real estate portfolios and aims to serve investors looking for exposure to real estate trends and yields within an easily tradable mutual fund structure.
Performance
CRARX had a total return of 2.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.36%.
Top 10 Holdings
55.90% of assets| Name | Symbol | Weight |
|---|---|---|
| American Tower Corporation | AMT | 9.44% |
| Welltower Inc. | WELL | 9.28% |
| Equinix, Inc. | EQIX | 7.35% |
| Simon Property Group, Inc. | SPG | 6.31% |
| Prologis, Inc. | PLD | 5.17% |
| Extra Space Storage Inc. | EXR | 3.81% |
| Realty Income Corporation | O | 3.75% |
| VICI Properties Inc. | VICI | 3.61% |
| Digital Realty Trust, Inc. | DLR | 3.60% |
| SBA Communications Corporation | SBAC | 3.58% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.0449 | Jun 30, 2025 |
| Mar 31, 2025 | $0.0855 | Mar 31, 2025 |
| Dec 10, 2024 | $0.05449 | Dec 10, 2024 |
| Sep 30, 2024 | $0.0563 | Sep 30, 2024 |
| Jun 28, 2024 | $0.0491 | Jun 28, 2024 |
| Mar 28, 2024 | $0.0285 | Mar 28, 2024 |