Thirdline Trust - Real Estate Income Fund (TREIX)
| Fund Assets | n/a |
| Expense Ratio | 0.04% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 0.74 |
| Dividend Yield | 7.86% |
| Dividend Growth | 6.25% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 9.46 |
| YTD Return | -1.66% |
| 1-Year Return | 2.11% |
| 5-Year Return | n/a |
| 52-Week Low | 9.28 |
| 52-Week High | 9.64 |
| Beta (5Y) | 0.07 |
| Holdings | n/a |
| Inception Date | n/a |
About TREIX
The Thirdline Real Estate Income Fund is a continuously offered closed-end interval fund focused on generating current income and maintaining stable net asset value through investments in commercial real estate and related credit instruments. Structured under the Investment Company Act of 1940, the fund primarily allocates assets to direct investments in thoroughly vetted, high-quality middle-market commercial real estate sponsors, supplemented by selective exposure to boutique private funds and public real estate securities. This hybrid approach aims to combine stable cash flow from property holdings with additional liquidity and downside protection via a proprietary hedged strategy involving public REITs and related securities. The fund is characterized by its quarterly dividend distributions, low correlation to broader equity and bond markets, and measured use of leverage to enhance total return potential. As an interval fund, it offers periodic liquidity through quarterly repurchase offers, rather than daily trading, allowing it to maintain a higher share of less-liquid, longer-term real estate assets. The Thirdline Real Estate Income Fund targets sector inefficiencies within commercial real estate and is positioned as a specialized solution for income-focused investors seeking exposure to middle-market property markets and alternative real estate investment structures.
Performance
TREIX had a total return of 2.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.58%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.1875 | Dec 30, 2025 |
| Sep 30, 2025 | $0.1875 | Sep 30, 2025 |
| Jun 30, 2025 | $0.1875 | Jun 30, 2025 |
| Mar 31, 2025 | $0.18125 | Mar 31, 2025 |
| Dec 30, 2024 | $0.175 | Dec 30, 2024 |
| Sep 30, 2024 | $0.175 | Oct 1, 2024 |