T. Rowe Price Real Estate Fund I Class (TIRRX)
| Fund Assets | 709.86M |
| Expense Ratio | 0.63% |
| Min. Investment | $500,000 |
| Turnover | 6.20% |
| Dividend (ttm) | 1.12 |
| Dividend Yield | 9.88% |
| Dividend Growth | -21.30% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 26, 2025 |
| Previous Close | 11.29 |
| YTD Return | 0.65% |
| 1-Year Return | 8.13% |
| 5-Year Return | 47.76% |
| 52-Week Low | 10.29 |
| 52-Week High | 13.61 |
| Beta (5Y) | n/a |
| Holdings | 38 |
| Inception Date | Dec 17, 2015 |
About TIRRX
T. Rowe Price Real Estate Fund I Class is an open-end mutual fund designed to provide investors with long-term growth by combining capital appreciation and current income. Its primary strategy is to allocate at least 80% of its net assets to the equity securities of companies that derive a significant portion of their revenues or profits from real estate activities. This broad approach includes investments in real estate investment trusts (REITs), as well as other real estate-focused companies, giving the fund substantial exposure to both property ownership and real estate operations. The fund’s portfolio is primarily concentrated in U.S. equities but retains the flexibility to invest in foreign markets if appropriate for its objectives. It is classified as nondiversified, meaning it may take larger positions in fewer issuers, thereby potentially increasing both return potential and risk. Notable holdings often include major REITs such as Equinix Inc., American Tower Corp, and Prologis Inc., reflecting a focus on established leaders across sectors like commercial, industrial, and residential real estate. This fund plays a significant role for institutional investors seeking targeted exposure to the real estate asset class within a diversified investment portfolio.
Performance
TIRRX had a total return of 8.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.26%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PAREX | T. Rowe Price Real Estate Fund-advisor Class | 1.19% |
Top 10 Holdings
55.91% of assets| Name | Symbol | Weight |
|---|---|---|
| American Tower Corporation | AMT | 8.86% |
| Equinix, Inc. | EQIX | 8.51% |
| Prologis, Inc. | PLD | 6.78% |
| Welltower Inc. | WELL | 6.76% |
| Public Storage | PSA | 5.71% |
| Essex Property Trust, Inc. | ESS | 4.42% |
| Regency Centers Corporation | REG | 4.36% |
| Simon Property Group, Inc. | SPG | 3.60% |
| AvalonBay Communities, Inc. | AVB | 3.48% |
| Rexford Industrial Realty, Inc. | REXR | 3.42% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2025 | $0.1015 | Jun 27, 2025 |
| Mar 27, 2025 | $0.0625 | Mar 28, 2025 |
| Dec 16, 2024 | $0.8713 | Dec 17, 2024 |
| Sep 26, 2024 | $0.0814 | Sep 27, 2024 |
| Jun 26, 2024 | $0.0821 | Jun 27, 2024 |
| Mar 26, 2024 | $0.0785 | Mar 27, 2024 |