BDREX seeks to generate a return comprised of both current income and long-term capital appreciation with low-to-moderate volatility and low correlation to the broader markets.
|Top 5 Holdings as of 11/30/18||Type||Weight|
|US Government Building Open-End Feeder, L.P.||Private Real Estate Fund||15.2%|
|TCM CRE Credit Fund LP||Private Real Estate Fund||15.2%|
|Sentinel Real Estate Fund, LP||Private Real Estate Fund||9.1%|
|Clarion Lion Properties Fund||Private Real Estate Fund||6.1%|
|Simon Property Group Inc.||Public Real Estate Security||4.1%|
Weight represents the position’s percentage of gross assets. Holdings are subject to change.