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 Investor REINX
NAV / 1-Day Return
22.53
/
0.92
%
Total Assets
2.1 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.
1.230%
Expense Ratio
1.230%
Fee Level
Above Average
Longest Manager Tenure
26.72
years
Category
Real Estate
Investment Style
Mid BlendMin. Initial Investment
1,000
Status
Limited
TTM Yield
0.85%
Turnover
156%
Premium
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 REINX outperform in future?
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Process Pillar
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People Pillar
The People Pillar is our evaluation of the REINX 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
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Invesco Real Estate and Invesco Global Real Estate Income Add a New Comanager; No Change to Ratings
