Invesco announced that Chip McKinley is joining its listed real estate team and will be named a comanager of that team's funds, including Invesco Real Estate IARAX and Invesco Global Real Estate Income ASRAX. McKinley is an industry veteran who was previously a portfolio manager of global listed real estate funds at Franklin Templeton and Cohen & Steers, and who most recently was a portfolio manager at Saepio Capital Management, a firm that he founded.
Invesco Real Estate R IARRX
NAV / 1-Day Return
21.15
/
1.72
%
Total Assets
2.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.530%
Expense Ratio
1.530%
Fee Level
Above Average
Longest Manager Tenure
26.74
years
Category
Real Estate
Investment Style
Mid BlendMin. Initial Investment
0
Status
Open
TTM Yield
0.60%
Turnover
156%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will IARRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable IARRX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the IARRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of IARRX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Invesco Real Estate and Invesco Global Real Estate Income Add a New Comanager; No Change to Ratings
