T. Rowe Price Real Estate Fund Advisor Class (PAREX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
12.12
+0.16 (1.34%)
At close: Feb 13, 2026
Fund Assets637.37M
Expense Ratio1.19%
Min. Investment$500,000
Turnover6.20%
Dividend (ttm)0.73
Dividend Yield6.03%
Dividend Growth-29.85%
Payout FrequencyQuarterly
Ex-Dividend DateDec 15, 2025
Previous Close11.96
YTD Return7.93%
1-Year Return4.77%
5-Year Return27.01%
52-Week Low10.11
52-Week High12.12
Beta (5Y)n/a
Holdings43
Inception DateDec 31, 2004

About PAREX

T. Rowe Price Real Estate Fund Advisor Class is a diversified mutual fund focused on the real estate sector. Its primary objective is to deliver long-term growth through a combination of capital appreciation and current income. The fund invests at least 80% of its net assets in equity securities of companies that derive a significant portion of their revenues or assets from real estate activities, with a particular emphasis on real estate investment trusts (REITs) and related companies. This approach provides investors exposure to a broad range of real estate segments, including commercial, industrial, and residential properties. Utilizing a bottom-up stock analysis strategy, the fund aims to identify high-quality companies offering above-average total returns. Its holdings are concentrated in well-established real estate entities, with the top positions typically accounting for over half of the portfolio. The T. Rowe Price Real Estate Fund Advisor Class serves as a specialized tool for investors seeking targeted access to the real estate market, capitalizing on sector trends and income opportunities while contributing to broader portfolio diversification.

Fund Family T. Rowe Price
Category Real Estate
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PAREX
Share Class T. Rowe Price Real Estate Fund-advisor Class
Index FTSE NAREIT All Equity REITS TR

Performance

PAREX had a total return of 4.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.57%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
TIRRXT. Rowe Price Real Estate Fund-i Class0.63%

Top 10 Holdings

58.59% of assets
NameSymbolWeight
Welltower Inc.WELL9.92%
Equinix, Inc.EQIX8.98%
Prologis, Inc.PLD7.77%
American Tower CorporationAMT7.25%
Public StoragePSA4.94%
Simon Property Group, Inc.SPG4.28%
Essex Property Trust, Inc.ESS4.15%
Ventas, Inc.VTR4.05%
Regency Centers CorporationREG3.66%
Rexford Industrial Realty, Inc.REXR3.60%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 15, 2025$0.5373Dec 16, 2025
Sep 26, 2025$0.065Sep 29, 2025
Jun 26, 2025$0.084Jun 27, 2025
Mar 27, 2025$0.0449Mar 28, 2025
Dec 16, 2024$0.8534Dec 17, 2024
Sep 26, 2024$0.0624Sep 27, 2024
Full Dividend History