Broadstone Real Estate Access Fund (“BDREX” or the “Fund”) is a continuously offered, closed-end interval fund registered under the Investment Company Act of 1940 that deploys investor capital into a diversified pool of actively managed real estate holdings. Also known as an interval fund, this structure blends investments in direct, individual real estate transactions; private real estate funds; and public real estate securities. In turn, investors may benefit from the access and diversification afforded by the Fund, along with quarterly liquidity and daily pricing features.
BDREX seeks to deliver total return on behalf of investors via the Fund’s generation of current income and appreciation of capital, while offering low correlation to the public equity markets and low-to-moderate volatility.
There is no guarantee the Fund will achieve its objectives, generate profits, or avoid losses.
Simple Tax Reporting
|Fund Information||I Shares||W Shares|
|Min. Initial Investment||$1,000,000||$2,500|
1Target annualized distribution is measured at the Fund level and is not equal to actual returns for an investor. As portfolio and market conditions change, distributions will vary and target annualized distribution may not be obtained in the future. Dividends are not guaranteed and a company’s future abilities to pay dividends may be limited. Portions of the distributions that the Fund makes may be a return of the money that shareholders originally invested and represent a return of capital to shareholders for tax purposes.
2The number of shares that the Fund will offer to repurchase will be determined by the Board of Directors on a quarterly basis and is anticipated to be 5%. Redemptions within 90 days of purchase may be subject to a fee. There is no guarantee that an investor will be able to sell all the shares that the investor desires to sell in any repurchase offer. See the prospectus for more details.