T. Rowe Price Real Estate Advisor (PAREX)

Fund Assets	668.75M
Expense Ratio	1.19%
Min. Investment	$500,000
Turnover	8.90%
Dividend (ttm)	0.28
Dividend Yield	2.18%
Dividend Growth	11.72%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 26, 2026

Previous Close	12.87
YTD Return	15.11%
1-Year Return	14.22%
5-Year Return	13.00%
52-Week Low	11.18
52-Week High	13.12
Beta (5Y)	0.92
Holdings	42
Inception Date	Dec 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 14.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.63%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TIRRX	T. Rowe Price Real Estate Fund-i Class	0.63%

Top 10 Holdings

60.11% of assets

Name	Symbol	Weight
Welltower Inc.	WELL	11.77%
Equinix, Inc.	EQIX	10.34%
Prologis, Inc.	PLD	7.32%
American Tower Corporation	AMT	5.94%
Public Storage	PSA	5.40%
Simon Property Group, Inc.	SPG	4.54%
Ventas, Inc.	VTR	4.12%
Essex Property Trust, Inc.	ESS	4.08%
Regency Centers Corporation	REG	3.68%
Rexford Industrial Realty, Inc.	REXR	2.92%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 26, 2026	$0.0702	Jun 29, 2026
Mar 27, 2026	$0.0587	Mar 30, 2026
Dec 15, 2025	$0.5373	Dec 16, 2025
Sep 26, 2025	$0.065	Sep 29, 2025
Jun 26, 2025	$0.084	Jun 27, 2025
Mar 27, 2025	$0.0449	Mar 28, 2025

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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