
T. Rowe Price Real Estate (TRREX)
TRREX Price Chart
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TRREX Fund Profile
Key details and information about T. Rowe Price Real Estate (TRREX).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
31 Oct 1997
Country
US
Description
The fund typically commits at least 80% of its total assets, including any leverage for investment purposes, to the ownership shares of real estate enterprises. A considerable portion of its portfolio is expected to be allocated to Real Estate Investment Trusts (REITs). These trusts function by pooling capital to acquire either physical properties (known as equity REITs) or mortgage portfolios (termed mortgage REITs). The fund's primary focus within this structure is generally on equity REITs. Notably, it operates as a non-diversified fund.
TRREX Fund Performance
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