Total Income+ Real Estate Fund Declares Third Quarter Dividend
Bluerock’s Total Income+ Real Estate Fund (the “Fund,” ticker: TIPRX) announced today it paid a third quarter dividend of $.23 per share for shareholders of record on September 27, 2013. The Fund began trading on October 22, 2012 and closed the quarter as of September 30, 2013, with a year-to-date and inception-to-date total return of 11.50% (Class A shares, excluding sales load).
The Fund is sub-advised by Mercer Investment Management, Inc. Mercer is 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.
“The performance of the commercial real estate market continues to improve, with most asset types seeing strong demand and only moderate levels of construction,” noted Dr. Randy Anderson, the Fund’s Portfolio Manager.
The Total Income+ Real Estate Fund invests the majority of its assets in private real estate portfolios that generally have only been available to institutional investors who meet the multi-million dollar minimum investment criteria. As of the end of the third quarter, the Fund’s AUM exceeded $37 million and the value of the underlying real estate in the securities which the Fund is invested exceeded $24 billion and included a national portfolio of office, retail, multi-family, industrial, hospitality, and specialty properties. The minimum investment in the Fund is $2,500 ($1,000 for retirement plans).
The performance data quoted herein represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. Past performance is no guarantee of future results. The Fund’s investment advisor has contractually agreed to reduce its fees and/or absorb expenses of the fund, at least until September 30, 2013, to ensure that the net annual fund operating expenses will not exceed 2.65%, subject to possible recoupment from the Fund in future years. Please review the Fund’s Prospectus for more detail on the expense waiver. Results shown represent Class A shares, no load, without redemption fees, and reflect the full fee waiver, without which the results could have been lower. Class A shares are subject to a 5.75% maximum sales load and 2% redemption fee on shares repurchased within 365 Days. A Fund’s performance, especially for very short periods of time, should not be the sole factor in making your investment decisions.
For copies of TI+ public company filings, please visit the U.S. Securities and Exchange Commission’s website at www.sec.gov or the Company’s website at www.bluerockfunds.com.
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 leading, institutional 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.
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. 2355-NLD-10/04/2013