TIRRX – T. Rowe Price Real Estate I Investment Strategy | Morningstar

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Strategy

The investment seeks long-term growth through a combination of capital appreciation and current income. The fund normally invests at least 80% of its net assets in the equity securities of real estate companies. It is likely to maintain a significant portion of assets in real estate investment trusts (REITs). REITs pool money to invest in properties (equity REITs) or mortgages (mortgage REITs). The fund generally invests in equity REITs. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
TRREX	T. Rowe Price Real Estate Fund	No Load	Open			Oct 31, 1997	$359.10M	0.920%	Average	$2,500	−$78.28M
PAREX	T. Rowe Price Real Estate Fund Advisor Class	No Load	Open			Dec 31, 2004	$8.05M	1.190%	Above Average	$2,500	−$2.57M
TIRRX	T. Rowe Price Real Estate Fund I Class	Institutional	Open			Dec 17, 2015	$238.49M	0.630%	Low	$500,000	−$20.18M

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