T. Rowe Price Real Estate Fund I Class (TIRRX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.34
+0.05 (0.44%)
Jul 10, 2025, 4:00 PM EDT
-2.07%
Fund Assets 709.86M
Expense Ratio 0.63%
Min. Investment $500,000
Turnover 6.20%
Dividend (ttm) 1.12
Dividend Yield 9.89%
Dividend Growth -21.30%
Payout Frequency Quarterly
Ex-Dividend Date Jun 26, 2025
Previous Close 11.29
YTD Return 0.04%
1-Year Return 7.29%
5-Year Return 48.20%
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.

Fund Family T. Rowe Price
Category Real Estate
Stock Exchange NASDAQ
Ticker Symbol TIRRX
Share Class T. Rowe Price Real Estate Fund-i Class
Index FTSE NAREIT All Equity REITS TR

Performance

TIRRX had a total return of 7.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.19%.

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%
View More Holdings

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
Full Dividend History