Apollo Diversified Real Estate Fund (GRIFX)
| Fund Assets | n/a |
| Expense Ratio | 2.23% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 1.34 |
| Dividend Yield | 5.37% |
| Dividend Growth | -1.50% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 12, 2025 |
| Previous Close | 25.06 |
| YTD Return | -2.76% |
| 1-Year Return | -2.83% |
| 5-Year Return | 15.42% |
| 52-Week Low | 24.55 |
| 52-Week High | 26.73 |
| Beta (5Y) | 0.18 |
| Holdings | n/a |
| Inception Date | n/a |
About GRIFX
Apollo Diversified Real Estate Fund is an actively managed, closed-end interval fund with a focus on generating both current income and capital appreciation. Its primary function is to provide broad exposure to the real estate sector by investing in a combination of private institutional real estate funds and public real estate securities, including REITs and related income-producing assets. The fund’s strategy emphasizes diversification across property types, geographies, and investment managers, seeking to reduce volatility and limit correlation with broader equity markets. It typically allocates a substantial portion of assets—often between 50% and 95%—to private real estate funds, complemented by selective holdings of public real estate equities and preferred securities. As an interval fund, Apollo Diversified Real Estate Fund offers limited liquidity by facilitating quarterly share repurchases at net asset value. It is designed to provide investors with institutional-style access to high-quality, income-generating real estate and aims to complement traditional portfolios by offering potential diversification benefits and resilience through market cycles. The fund does not directly invest in physical properties, but rather concentrates on securities tied to the real estate industry, making it significantly impacted by trends and cycles within the sector.
Performance
GRIFX had a total return of -2.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.89%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 12, 2025 | $0.33251 | Sep 19, 2025 |
| Jun 13, 2025 | $0.33382 | Jun 20, 2025 |
| Mar 14, 2025 | $0.33395 | Mar 21, 2025 |
| Dec 13, 2024 | $0.34426 | Dec 20, 2024 |
| Sep 13, 2024 | $0.34922 | Sep 20, 2024 |
| Jun 14, 2024 | $0.33095 | Jun 21, 2024 |