New YorkAnd the March 18, 2022 /PRNewswire/ – Bluerock Total Income + Real Estate Fund (“TI+,” indices: TIPRX, TIPPX, TIPWX, TIPLX, TIPMX) paid dividends for the first quarter of $0.4728 per share, or 1.31% for the quarter, based on stock price $36.02 USD (a- Shares) for registered shareholders as of March 17, 2022. This distribution amount represents an annualized rate of 5.25%* based on the current stock price, which represents the fund’s 37th consecutive quarterly distribution. Since its establishment in 2012 in $25.00 Per share, TIPRX paid more USD 13.92 per share in the total distributions to its shareholders. In addition to these quarterly dividends, TIPRX NAV has grown more than 44% from $25 to more $36 per share (as of 3.17.2022) and has generated an annualized return of 9.15% since inception. As a result of this growth, the shareholders who initially bought NAV from $25/ Share will receive a distribution amount at an annual rate of approximately 7.6% based on the original investment amount.
“With rising inflation, the prospect of multiple Fed rate hikes, and international tensions weighing on markets, TI+ delivered a flat annual dividend yield of 5.25%* and produced nearly 400 basis points of annual appreciation above distributions right from the start, thus generating income Attractive and efficient current tax and value appreciation, and inflation hedge” Jeffrey SchwaberCEO of Bluerock Capital Markets. Indeed, since the notable rise in inflation fears in November 2021, the fund has handily outperformed the S&P 500 and other major US stock indices.1Schwaber added.
From the start, TI+ has achieved its stated goals, including current income and capital appreciation as well as low correlation and low volatility relative to the broader markets.
TI+ net assets under management approx $4.8 billion From March 17, 2022. TI+ currently holds positions in 29 private equity and 3 private debt real estate investments, with the value of the underlying assets approx. $292 billion (Collections are subject to change at any time and should not be considered investment advice.)2
1Source: Morningstar Direct, 11.1.2021 – 3.15.2021, TIPWX: 11.14%; Standard & Poor’s 500: -6.91%, Bloomberg Bond Index overall: -5.61%; Nasdaq Composite -16.22%, MSCI US REIT: -1.59%. Past performance is not a guarantee of future results. Short-term performance is not necessarily indicative of long-term performance.
2 For details of fund holdings, please visit http://bluerockfunds.com/investment-holdings/
TI + A net stock fund performance
|
Performance up to 12.31.2021 |
Performance through 3.17.2022 |
||||
|
One year |
five years |
Yearbook since inception3 |
YTD |
Since the beginning3 |
|
|
TI + Class A box |
21.61% |
8.65% |
8.59% |
6.79% |
9.15% |
|
TI + Class A4 With maximum sales fee |
14.64% |
7.37% |
7.89% |
0.64% |
8.47% |
The returns presented are the total net return: expressed in percentage terms, the total return is determined by taking the change in price, reinvesting, if applicable, all income distributions and capital gains during the period, and dividing by the starting price. Returns over one year are transferred annually.
3 Fund start date October 22, 2012.
4 The maximum sales fee for Class A shares is 5.75%. Investors may be eligible for a waiver or reduction in sales fees.
The performance data quoted here represents past performance. The current performance may be lower or higher than the above performance data. The return on investment and the underlying value will fluctuate, so the value of the shares, when redeemed, may be more or less than their original cost. For current performance information through the end of the last month, please call toll-free at 1-888-459-1059. Past performance is not a guarantee of future results.
The total annual fund operating expense ratio, and the total of any fee waivers or reimbursement of expenses, is 2.09% for Class A, 2.81% for Class C, 1.83% for Class I, 2.32% for Class L, and 2.58% for Class M. The fund’s investment advisor approved contractually to reduce his fees and/or absorb the expenses of the fund, at least until January 31, 2023 For Class A, C, I, L, and M shares, to ensure that the fund’s annual net operating expenses will not exceed 1.95% for Class A, 2.70% for Class C, 1.70% for Class I, 2.20% for Class L and 2.45% for Class M, annually from The average daily net assets of the fund attributable to Class A, Class C, Class I, Class L, and Class M shares, respectively, taking into account the fund’s potential for redemption in future years. Please review the fund’s prospectus for more details on the waiver of expenses. Fund performance, especially for very short periods of time, should not be the only factor in making your investment decisions. The fund’s performance and its distributions are presented after deduction of fees.
Bluerock Total Income + Real Estate Fund is a fixed-term fund that invests the majority of its assets in institutional real estate securities that are generally only available to institutional investors who are able to meet minimum investment criteria in the millions of dollars. As of the fourth quarter of 2021, the value of the underlying real estate owned by the securities in which the Fund invests is approximately $292 billion, including investments managed by Ares, Blackstone, Morgan Stanley, Principal, Prudential, Clarion Partners, Invesco, RREEF and others. The minimum investment in the fund is 2500 dollars (1000 dollars for retirement plans) for Class A, C, and L shares.
For copies of TI+’s public company filings, please visit the US Securities and Exchange Commission website at www.sec.gov or the company’s website at www.bluerockfunds.com.
About the Bluerock Total Income + Real Estate Fund
Bluerock Total Income + Real Estate Fund provides individual investors with access to a portfolio of institutional real estate securities managed by reputable fund managers. The fund seeks to provide comprehensive real estate property designed to provide a combination of current income, capital preservation, long-term capital appreciation, and enhanced portfolio diversification with low to moderate volatility and low correlation with the broader equity and fixed income markets. The fund uses an exclusive partnership with Mercer Investment Management, Inc. , the world’s leading advisor for endowments, pension funds, sovereign wealth funds and family offices globally, with more than 3,300 clients worldwide and more than $15.0 trillion In assets under advice.
Investing in the Bluerock Total Income + Real Estate Fund involves risks, including the loss of capital. The Fund intends to make investments in several real estate securities that may expose the Fund to additional fees and expenses, including management and performance fees, which could adversely affect returns and could expose the Fund to additional risks, including a lack of control, as detailed in the prospectus. Version.
* The fund’s distribution policy is to make quarterly distributions to shareholders. The level of quarterly distributions (including any return on capital) is not fixed and this distribution policy is subject to change. Shareholders should not assume that the source of distribution from the fund is net profit. All or part of the distributions consist of return on capital based on the nature of the distributions received from underlying properties, primarily REITs. The final determination of the source and tax characteristics of all distributions will be made after the end of each year. Shareholders should note that return on capital will reduce the tax base of their shares and potentially increase taxable gains, if any, upon disposal of their shares. There is no guarantee that the Company will continue to announce dividends or that it will continue to advertise at these rates. There is no guarantee that any investment will be effective in achieving the Fund’s investment objectives, achieving positive returns or avoiding losses.
Limited liquidity is provided to shareholders only through the fund’s quarterly repurchase offers of at least 5% of the fund’s outstanding NAV. There is no guarantee that shareholders will be able to sell all the shares they wish on a quarterly repurchase offer. The fund’s quarterly repurchases of its shares are typically funded from available cash or portfolio stock sales. Selling securities to fund buybacks can lower the market price of those securities, which in turn lowers the fund’s net asset value.
Investors should carefully consider the investment objectives, risks, fees, and expenses of the Bluerock Total Income + Real Estate Fund. This and other important information about the fund is contained in the prospectus, which can be obtained online at bluerockfunds.com. You should read the prospectus carefully before investing.
Bluerock Total Income + Real Estate Fund is distributed by ALPS Distributors, Inc (ALPS). Bluerock Fund Advisor, LLC is not affiliated with ALPS.
Definitions:
Standard & Poor’s 500: An index of 500 stocks was chosen for market size, liquidity and industry grouping, among other factors. The S&P 500 is designed to be a leading index of US stocks and is intended to reflect the risk/return characteristics of a large capitalization universe (Investopedia). Risks include dynamic market fluctuations and the potential for capital loss.
Bloomberg Index of Total US Bonds: It measures the performance of the US investment-grade bond market. The index invests in a wide range of general, investment grade, taxable and fixed income securities United State Including government, corporate and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities, all with maturities in excess of one year. Risks include rising interest rates, credit quality of issuers, and general economic conditions.
Nasdaq Composite: A market value-weighted index of more than 3,000 common stocks listed on the NASDAQ Stock Exchange. The index is made up of more than 50% of technology, with consumer services, consumer goods, and the financial sector being the next most notable industries.
MSCI US REIT (General Real Estate Investment Funds) Index: A float-adjusted market capitalization weighted index consisting of REITs included in the MSCI US Investor Market Index 2500, with the exception of specialized REITs that do not generate the majority of their revenues and income from real estate rentals and leasing operations. The index represents about 85% of the US REIT world (www.msci.com). The returns shown are for informational purposes and do not reflect those of the fund. You cannot invest directly in an Index and unmanaged indices do not reflect fees, expenses or sales fees. Risks include rising interest rates or other economic factors that may adversely affect the value of the underlying real estate.
BLU000874
Smart Investment Solutions™
Source Bluerock Gross Income + Real Estate Fund
