T. Rowe Price Real Estate Fund (PAREX) NASDAQ
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Address
100 East Pratt Street
Baltimore, MD 21202
United States of America (the)
Phone
410-345-2000
Sector
Real Estate
Industry
Real Estate - General
Employees
N/A
First IPO Date
December 30, 2004
The T. Rowe Price Real Estate Fund primarily allocates at least 80% of its net assets (which includes any borrowed capital) to the equity securities of companies operating in the real estate sector. A substantial part of these holdings is anticipated to be invested in Real Estate Investment Trusts (REITs). REITs function by pooling investor funds to acquire either physical properties (equity REITs) or mortgage-related assets (mortgage REITs), with this fund generally prioritizing equity REITs. It operates as a non-diversified investment vehicle.