Apollo Diversified Real Estate Fund Class M (GMREX)
| Fund Assets | n/a |
| Expense Ratio | 2.53% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 1.25 |
| Dividend Yield | 5.38% |
| Dividend Growth | -2.35% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 13, 2026 |
| Previous Close | 23.09 |
| YTD Return | 1.91% |
| 1-Year Return | 2.53% |
| 5-Year Return | 10.12% |
| 52-Week Low | 22.98 |
| 52-Week High | 23.94 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About GMREX
Apollo Diversified Real Estate Fund Class M is a closed-end mutual fund that operates as an interval fund, specializing in real estate investments. Its primary purpose is to generate returns through a combination of current income and capital appreciation, while aiming for moderate volatility and a low correlation to broader markets. The fund achieves this by allocating assets across both private institutional real estate investment funds and a diversified portfolio of public real estate securities. This dual approach provides exposure to various property types and geographic regions, as well as investment strategies managed by a range of fund managers. Notable features include a quarterly dividend payout with a yield typically above 5%, reflecting its income-generating focus. The fund maintains a relatively high expense ratio compared to peers, owing to the complexity and diversity of its holdings and management fees. With an asset allocation that often heavily weights real estate securities, it directly impacts sectors tied to property development, management, and investment finance. Apollo Diversified Real Estate Fund Class M caters to investors seeking diversified real estate exposure and enhanced income potential within a managed, institutional-grade portfolio.
Performance
GMREX had a total return of 2.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.62%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 13, 2026 | $0.3192 | Mar 20, 2026 |
| Dec 12, 2025 | $0.30446 | Dec 19, 2025 |
| Sep 12, 2025 | $0.31033 | Sep 19, 2025 |
| Jun 13, 2025 | $0.31216 | Jun 20, 2025 |
| Mar 14, 2025 | $0.31281 | Mar 21, 2025 |
| Dec 13, 2024 | $0.32312 | Dec 20, 2024 |