LRACX (LRACX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 1.83 |
| Dividend Yield | 8.09% |
| Dividend Growth | -7.72% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 3, 2025 |
| Previous Close | 21.65 |
| YTD Return | -0.50% |
| 1-Year Return | -0.54% |
| 5-Year Return | 15.62% |
| 52-Week Low | 20.92 |
| 52-Week High | 22.65 |
| Beta (5Y) | 0.03 |
| Holdings | n/a |
| Inception Date | n/a |
About LRACX
CIM Real Assets & Credit Fund Class L Common Shares is a non-diversified, closed-end interval fund structured to provide a blend of income and growth for investors. The fund primarily allocates its assets across real estate and corporate credit (targeting a 70% allocation) alongside real asset equity investments (targeting a 30% allocation). Its strategy emphasizes generating current income through monthly cash distributions while seeking to preserve and protect shareholder capital throughout varying market cycles. Notably, the fund accesses proprietary real asset and credit transactions, potentially offering exposure to investments typically reserved for institutional participants. A distinguishing feature of the fund is its pursuit of attractive, tax-efficient distributions, partly achieved through its real estate holdings, which can yield depreciation-driven tax benefits and partially tax-deferred returns. The fund’s real asset equity allocation is designed to reduce volatility and lower correlation with traditional income alternatives, enhancing portfolio diversification. Advised by CIM Capital IC Management, LLC and managed with institutional partners, this fund aims to capture both income and long-term appreciation, positioning itself as a differentiated solution within the income and alternative asset segment of the financial market.
Performance
LRACX had a total return of -0.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.33%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 3, 2025 | $0.144 | Sep 3, 2025 |
| Aug 4, 2025 | $0.144 | Aug 4, 2025 |
| Jul 2, 2025 | $0.147 | Jul 2, 2025 |
| Jun 3, 2025 | $0.147 | Jun 3, 2025 |
| May 2, 2025 | $0.147 | May 2, 2025 |
| Apr 2, 2025 | $0.152 | Apr 2, 2025 |