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 10/31/19||Type||Weight|
|TCM CRE Credit Fund LP||Private Real Estate Fund||16.4%|
|USAA US Government Building Open-End Feeder Fund||Private Real Estate Fund||7.7%|
|CBRE U.S. Core Partners LP||Private Real Estate Fund||6.5%|
|Sentinel Real Estate Fund LP||Private Real Estate Fund||6.4%|
|Clarion Lion Properties Fund||Private Real Estate Fund||6.3%|
Weight represents the position’s percentage of gross assets. Holdings are subject to change.