Apollo Diversified Real Estate Fund (GIREX)
| Fund Assets | n/a |
| Expense Ratio | 2.48% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 1.33 |
| Dividend Yield | 5.10% |
| Dividend Growth | -0.68% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | n/a |
| Previous Close | 24.54 |
| YTD Return | -2.46% |
| 1-Year Return | -1.32% |
| 5-Year Return | 17.09% |
| 52-Week Low | 23.95 |
| 52-Week High | 26.15 |
| Beta (5Y) | 0.23 |
| Holdings | 135 |
| Inception Date | n/a |
About GIREX
The Apollo Diversified Real Estate Fund Class A is a mutual fund focused on providing both current income and capital appreciation by investing across a diverse portfolio of real estate-related assets. Its primary function is to allocate capital among institutional private real estate investment funds and a broad set of public real estate securities, allowing investors exposure to various property types and geographic regions. A distinctive feature of this fund is its strategic diversification: it invests in multiple underlying managers and assets, limiting concentration risk. The fund’s holdings span across notable real estate sectors such as logistics, healthcare, industrial, and credit, with the top ten holdings comprising approximately 41% of its portfolio, compared to a higher average concentration observed in its peer group. Designed to exhibit moderate volatility and a low correlation with the broader equity markets, the fund serves as a diversified tool for investors seeking real estate exposure without relying solely on public REITs. The fund distributes income quarterly and aims to balance income generation with long-term value growth for a broad base of investors.
Performance
GIREX had a total return of -1.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.37%.
Top 10 Holdings
46.48% of assets| Name | Symbol | Weight |
|---|---|---|
| Cortland Growth and Income Fund, L.P. | n/a | 8.14% |
| Clarion Lion Properties Fund, L.P. | n/a | 6.88% |
| Clarion Lion Industrial Trust, L.P. | n/a | 4.74% |
| Morgan Stanley Prime Property Fund | n/a | 4.34% |
| Oaktree Real Estate Income Fund, L.P. | n/a | 4.18% |
| CBRE U.S. Core Partners, L.P. | n/a | 4.18% |
| CBRE U.S. Logistics Partners, L.P. | n/a | 4.14% |
| Ventas Life Science and Healthcare Real Estate Fund | n/a | 3.53% |
| TA Realty Core Property Fund, L.P. | n/a | 3.37% |
| TA Realty Logistics Fund, L.P. | n/a | 2.99% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 13, 2025 | $0.3256 | Jun 20, 2025 |
| Mar 14, 2025 | $0.32599 | Mar 21, 2025 |
| Dec 13, 2024 | $0.3363 | Dec 20, 2024 |
| Sep 13, 2024 | $0.34126 | Sep 20, 2024 |
| Jun 14, 2024 | $0.32364 | Jun 21, 2024 |
| Mar 15, 2024 | $0.32625 | Mar 22, 2024 |