Total Income+ Real Estate Fund Announces Increasing Quarterly Distribution Target to an Expected 5.25% Annual Rate of Return
Bluerock’s Total Income+ Real Estate Fund (“Fund,” ticker: TIPRX) announced today it is increasing its annual distribution rate to 5.25%, based on net asset value per share starting with the upcoming distribution scheduled for December 27th.
“We believe it is the right time to increase our distribution rate as we are now significantly larger, the Fund is allocated to a diversified group of targeted, institutional, private equity real estate securities and we feel that we have validated our model through our year one performance”, said Ramin Kamfar, Bluerock’s Chief Executive Officer.
Under its new policy, the Fund expects to make regular, quarterly distributions at an annualized rate equal to 5.25%, based on net asset value per share as of the ex-dividend record date at the end of the quarter. There is no assurance that the Company will continue to declare distributions or that they will continue at these rates.
The Total Income+ Real Estate Fund invests the majority of its assets in institutional private equity real estate securities that generally were available only to institutional investors capable of meeting the multi-million dollar minimum investment criteria. As of the end of the fourth quarter, the value of the underlying real estate held by the securities in which the Fund is invested exceeded $26 billion, including funds managed by Blackrock, Clarion Partners, and RREEF, among others. The minimum investment in the Fund is $2,500 ($1,000 for retirement plans).
About Total Income+ Real Estate Fund
The Total Income+ Real Estate Fund offers individual investors access to a portfolio of institutional real estate securities managed by top-ranked fund managers. The Fund seeks to provide a comprehensive real estate holding 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 to the broader equity and fixed income markets. The Fund utilizes an exclusive partnership with Mercer Investment Management, Inc., the world’s leading advisor to endowments, pension funds, sovereign wealth funds and family offices globally, with over 3,000 clients worldwide, and $6.6 trillion in assets under advisement.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Total Income+ Real Estate Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 888-459-1059. The prospectus should be read carefully before investing. Bluerock Fund Advisor, LLC is not affiliated with Northern Lights Distributors, LLC. 3090-NLD-12/17/2013