Commonwealth Real Estate Securities Fund (CNREX)
Under normal market conditions, the fund invests at least 80% of its net assets in real estate securities. Investments made by the fund are in issuers in real estate and related industries (i.e., those issuers whose fortunes are impacted by the real estate market). It invests primarily in equity securities (including common stock and preferred stock and securities convertible into common stock) as well as in the debt securities of companies in real estate industries.
Fund Info
ISIN | US2030424038 |
---|---|
CUSIP | 203042403 |
Issuer | Commonwealth Intl Series Tr |
Inception Date | Jan 5, 2004 |
Category | REIT |
Min. Investment | $200 |
Asset Class | Real Estate |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
The Commonwealth Real Estate Securities Fund has a high expense ratio of 2.44%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Commonwealth Real Estate Securities Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Commonwealth Real Estate Securities Fund had a return of 3.94% year-to-date (YTD) and 27.06% in the last 12 months. Over the past 10 years, Commonwealth Real Estate Securities Fund had an annualized return of 6.48%, while the S&P 500 had an annualized return of 10.96%, indicating that Commonwealth Real Estate Securities Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 3.94% | 10.04% |
1 month | 5.64% | 3.53% |
6 months | 26.17% | 22.79% |
1 year | 27.06% | 32.16% |
5 years (annualized) | 7.40% | 13.15% |
10 years (annualized) | 6.48% | 10.96% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -3.35% | 3.29% | ||||||||||
2023 | -3.26% | -7.97% | -3.88% | 12.09% | 11.69% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for Commonwealth Real Estate Securities Fund (CNREX) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Commonwealth Real Estate Securities Fund | 1.69 | ||||
S&P 500 | 2.76 |
Dividends
Dividend History
Commonwealth Real Estate Securities Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.00 | $0.00 | $0.11 | $0.16 | $0.00 | $0.16 | $0.10 | $0.06 | $0.00 | $0.21 |
Dividend yield | 0.00% | 0.00% | 0.59% | 0.68% | 0.00% | 0.85% | 0.72% | 0.34% | 0.00% | 1.52% |
Monthly Dividends
The table displays the monthly dividend distributions for Commonwealth Real Estate Securities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | ||||||||||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 |
2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 |
2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 |
2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
2015 | $0.21 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Commonwealth Real Estate Securities Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Commonwealth Real Estate Securities Fund was 67.77%, occurring on Mar 6, 2009. Recovery took 1519 trading sessions.
The current Commonwealth Real Estate Securities Fund drawdown is 2.16%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-67.77% | Jun 5, 2007 | 441 | Mar 6, 2009 | 1519 | Mar 20, 2015 | 1960 |
-44.62% | Feb 24, 2020 | 21 | Mar 23, 2020 | 244 | Mar 11, 2021 | 265 |
-31.39% | Jan 3, 2022 | 198 | Oct 14, 2022 | — | — | — |
-21.35% | Mar 23, 2015 | 226 | Feb 11, 2016 | 258 | Feb 21, 2017 | 484 |
-18.89% | Jan 24, 2018 | 232 | Dec 24, 2018 | 120 | Jun 18, 2019 | 352 |
Volatility
Volatility Chart
The current Commonwealth Real Estate Securities Fund volatility is 3.02%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.