Russell Investments Global Real Estate Securities S Fund RRESX seeks to generate a high level of total return through above average current income, while maintaining the potential for capital appreciation. RRESX seeks to achieve its objective by concentrating its investments in equity and debt securities of issuers whose value is derived primarily from development, management and market pricing of underlying real estate properties. RRESX invests primarily in securities of companies' known as real estate investment trusts (REITs) that own and/or manage properties. RRESX may also invest in equity and debt securities of other types of real estate-related companies. RRESX invests in companies which are predominantly US based.
This Sector - Real Estate producthas a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 3.6% and 5 year 7.1%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
The Russell Investments Global Real Estate Securities S fund, as of the last filing, allocates their fund in top two major groups; Intermediate Bond and Foreign Stock. Further, as of the last filing, Simon Property Group Inc (NYSE:SPG), Mitsui Fudosan Co Ltd and Vornado Realty Trust (NYSE:VNO) were the top holdings for RRESX.
This Zacks Rank #2 (Buy) was incepted in July 1989 and is managed by Russell Funds. RRESX carries an expense ratio of 1.13% and requires a minimal initial investment of $0.
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Zacks Investment Research