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 7/31/19||Type||Weight|
|TCM CRE Credit Fund||Private Real Estate Fund||17.8%|
|USAA US Government Building Fund||Private Real Estate Fund||8.6%|
|CBRE U.S. Core Partners LP||Private Real Estate Fund||6.9%|
|Sentinel Real Estate Fund||Private Real Estate Fund||6.9%|
|Clarion Lion Properties Fund||Private Real Estate Fund||6.8%|
Weight represents the position’s percentage of gross assets. Holdings are subject to change.