T. Rowe Price Real Estate's recent results have been ugly, but there are reasons for cautious optimism. The I shares maintain a Morningstar Analyst Rating of Bronze, while the no-load and advisor shares still earn Neutral ratings.
T. Rowe Price Real Estate Advisor PAREX
NAV / 1-Day Return
18.70
/
1.73
%
Total Assets
1.4 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.
1.030%
Expense Ratio
1.030%
Fee Level
Average
Longest Manager Tenure
2.34
years
Category
Real Estate
Investment Style
Mid BlendMin. Initial Investment
2,500
Status
Open
TTM Yield
1.62%
Turnover
18%
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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 PAREX 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 PAREX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PAREX 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 PAREX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A cautious fund adapting to a changing REIT market.
