T. Rowe Price Real Estate (TRREX) NASDAQ
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Currency In USD
Address
Baltimore, MD 21202
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
October 31, 1997
The fund typically commits at least 80% of its total assets, including any leverage for investment purposes, to the ownership shares of real estate enterprises. A considerable portion of its portfolio is expected to be allocated to Real Estate Investment Trusts (REITs). These trusts function by pooling capital to acquire either physical properties (known as equity REITs) or mortgage portfolios (termed mortgage REITs). The fund's primary focus within this structure is generally on equity REITs. Notably, it operates as a non-diversified fund.