What is BBRE?

BBRE tracks a market-cap-weighted index of small-, mid-, and large-cap companies involved in the ownership or management of US real estate.

PERFORMANCE [as of 03/24/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BBRE -8.49% -3.71% -3.40% -21.65% 13.87% -- --
BBRE (NAV) -8.20% -3.48% -3.13% -21.43% 13.97% -- --
MSCI US REIT Custom Capped Index -- -- -- -- -- -- --
MSCI USA IMI / Equity Real Estate Investment Trusts (REITs) -IND -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BBRE Factset Analytics Insight

BBRE launched tracking an index that was formerly tracked by a popular real estate ETF from Vanguard, VNQ. In early 2018, Vanguard began transitioning their product to a broader index. BBRE offered investors with an option to maintain the previous REIT-only exposure. The fund did a good job of capturing the US REIT market, albeit as an uncapped version of its present index, the fund placed greater emphasis on commercial REITs then our chosen benchmark. To meet diversification requirements, on November 30, 2020, the fund switched to tracking a capped version, such that the aggregate weight of issuers with over 4.75% weight in the index are capped at 24% weight of the portfolio. Like all real estate ETFs, BBRE’s distributions are taxed as ordinary income.

BBRE Summary Data

06/15/18
0.11%
$655.56M
MSCI US REIT Custom Capped Index
MSCI USA IMI / Equity Real Estate Investment Trusts (REITs) -IND
Open-Ended Fund

Peers

MSCI USA IMI / Equity Real Estate Investment Trusts (REITs) -IND

Fund Flows

$0.00B 5 Days
-$0.03B 30 Days
-$0.27B 90 Days

BBRE Portfolio Data

$34.68B
30.10
2.20
3.41%
03/31/23
130

BBRE Index Data

MSCI US REIT Custom Capped Index
Market Cap
Market Cap
MSCI USA IMI / Equity Real Estate Investment Trusts (REITs) -IND

BBRE Portfolio Management

0.11%
--
--
--

BBRE Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

BBRE Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/27/23

This measurement shows how easy it is to trade a $1 million USD block of BBRE. BBRE is rated a 5 out of 5.

BBRE Tradability

50,168
$4.43M
14,835
$1.33M
0.08%
$0.07
0.00%
0.17% / -0.16%
None
100.00%
25,000
0.59
0.03%
0.04%
0
$78.33
5

BBRE Sector/Industry Breakdown

BBRE Segment
Benchmark
92.05% --
6.81% --
1.14% --

BBRE Performance Statistics

--
--
--
--
--
MSCI USA IMI / Equity Real Estate Investment Trusts (REITs) -IND

BBRE Countries

BBRE Segment
Benchmark
100.00% --

BBRE Regions

BBRE Segment
Benchmark
100.00% --

BBRE Economic Development

BBRE Segment
Benchmark
100.00% --
0.00% --

BBRE Benchmark Comparison Holdings

130
--
--
--

BBRE Benchmark Comparison Summary

BBRE Segment
Benchmark
130 --
$34.68B --
30.10 --
2.20 --
3.42% --
Medium --

BBRE Benchmark Comparison Market Cap Size

BBRE Segment
Benchmark
69.82% --
22.57% --
6.39% --
0.20% --