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Morningstar

T. Rowe Price Real Estate Advisor PAREX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 12.39  /  0.32 %
  • Total Assets 829.0 Mil
  • Adj. Expense Ratio
    1.090%
  • Expense Ratio 1.090%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Real Estate
  • Investment Style Mid Blend
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.16%
  • Turnover 36%

USD | NAV as of Nov 27, 2023 | 1-Day Return as of Nov 27, 2023, 11:21 PM GMT+0

Morningstar’s Analysis PAREX

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.

This fund will soon receive a new portfolio manager with a lot to prove.

Senior Analyst David Kathman

David Kathman

Senior Analyst

Summary

The upcoming retirement of T. Rowe Price Real Estate’s portfolio manager makes the fund’s future less certain. All shares earn a Morningstar Medalist Rating of Neutral, down from Bronze for the no-load and Advisor shares.

by David Kathman
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PAREX

More PAREX Holdings
  • Current Portfolio Date
  • Equity Holdings 38
  • Bond Holdings 0
  • Other Holdings 2
  • % Assets in Top 10 Holdings 51.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Prologis Inc

7.69
61,878,653
Real Estate

Equinix Inc

7.11
57,225,657
Real Estate

American Tower Corp

6.45
51,920,318
Real Estate

Equity Lifestyle Properties Inc

5.40
43,432,763
Real Estate

Public Storage

5.21
41,907,322
Real Estate

Welltower Inc

4.69
37,751,767
Real Estate

Simon Property Group Inc

4.36
35,114,503
Real Estate

Regency Centers Corp

3.96
31,838,798
Real Estate

EastGroup Properties Inc

3.52
28,368,552
Real Estate

SBA Communications Corp Class A

3.40
27,406,075
Real Estate