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ISIN
US89156Y4070
CUSIP
00170J748
Issuer
AMG
Inception Date
Dec 31, 1997
Category
REIT
Min. Investment
$2,000
Distribution Policy
Distributing
Asset Class
Real Estate

Share Price Chart


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Performance

MRESX Performance Chart

Cromwell CenterSquare Real Estate Fund (MRESX) is up 13.6% since the beginning of the year. MRESX is currently trading at $13 per share. Investors who bought $1,000 worth of MRESX shares 5 years ago would now be looking at an investment worth $1,357.


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S&P 500 Index

Returns By Period

Cromwell CenterSquare Real Estate Fund (MRESX) has returned 13.63% so far this year and 12.50% over the past 12 months.


Cromwell CenterSquare Real Estate Fund

1D
0.08%
1M
-1.01%
YTD
13.63%
6M
13.98%
1Y
12.50%
3Y*
10.15%
5Y*
6.29%
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MRESX Monthly Returns History

Based on dividend-adjusted daily data since Feb 24, 2017, MRESX's average daily return is +0.04%, while the average monthly return is +0.75%. At this rate, an investment would double in approximately 7.7 years.

Historically, 58% of months were positive and 42% were negative. The best month was Dec 2021 with a return of +23.6%, while the worst month was Mar 2020 at -16.2%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, MRESX closed higher 51% of trading days. The best single day was Dec 15, 2021 with a return of +14.0%, while the worst single day was Mar 16, 2020 at -18.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.65%7.66%-5.87%9.06%0.16%0.00%13.63%
20250.53%1.83%-0.56%-1.21%0.97%-0.16%-1.23%2.67%-0.09%-1.82%2.29%-2.21%0.87%
2024-4.86%1.54%1.74%-7.69%5.79%2.26%7.39%5.91%3.37%-3.08%3.68%-7.64%7.09%
20239.93%-5.84%-1.71%0.69%-4.42%5.50%2.16%-3.46%-7.15%-3.13%11.92%8.99%11.77%
2022-7.62%-3.47%6.91%-3.37%-4.88%-6.47%8.65%-6.11%-12.88%2.47%6.27%-4.94%-24.59%
2021-0.86%2.30%5.78%7.93%1.07%3.13%5.01%1.82%-5.79%6.50%-1.86%23.64%57.10%

Benchmark Metrics

Cromwell CenterSquare Real Estate Fund has an annualized alpha of -1.65%, beta of 0.81, and R2 of 0.47 versus S&P 500 Index. Calculated based on daily prices since February 24, 2017.

  • This fund participated in 94.45% of S&P 500 Index downside but only 75.05% of its upside - more exposed to losses than it benefited from rallies.
  • R2 of 0.47 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.

Alpha
-1.65%
Beta
0.81
0.47
Upside Capture
75.05%
Downside Capture
94.45%

Expense Ratio

MRESX has a high expense ratio of 1.02%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

MRESX ranks 17 for risk / return — in the bottom 17% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


MRESX Risk / Return Rank: 1717
Overall Rank
MRESX Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
MRESX Sortino Ratio Rank: 1313
Sortino Ratio Rank
MRESX Omega Ratio Rank: 1313
Omega Ratio Rank
MRESX Calmar Ratio Rank: 2525
Calmar Ratio Rank
MRESX Martin Ratio Rank: 2222
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Cromwell CenterSquare Real Estate Fund (MRESX) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


MRESXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-1.06

Sortino ratioReturn per unit of downside risk

-1.38

Omega ratioGain probability vs. loss probability

1.18

1.37

-0.19

Calmar ratioReturn relative to maximum drawdown

1.76

2.78

-1.03

Martin ratioReturn relative to average drawdown

5.06

12.44

-7.38

Dividends

Dividend History

Cromwell CenterSquare Real Estate Fund provided a 1.41% dividend yield over the last twelve months, with an annual payout of $0.18 per share.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%$0.00$0.50$1.00$1.50$2.00201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020201920182017
Dividend$0.18$0.17$0.27$0.22$0.65$2.04$0.23$1.18$0.31$1.08

Dividend yield

1.41%1.49%2.40%2.01%6.49%14.54%2.19%10.71%3.24%10.34%

Monthly Dividends

The table displays the monthly dividend distributions for Cromwell CenterSquare Real Estate Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.08$0.00$0.00$0.00$0.08
2025$0.00$0.00$0.06$0.00$0.00$0.09$0.00$0.00$0.00$0.00$0.00$0.01$0.17
2024$0.00$0.00$0.05$0.00$0.00$0.08$0.00$0.00$0.07$0.00$0.00$0.06$0.27
2023$0.00$0.00$0.04$0.00$0.00$0.07$0.00$0.00$0.05$0.00$0.00$0.05$0.22
2022$0.00$0.00$0.04$0.00$0.00$0.05$0.00$0.00$0.06$0.00$0.00$0.51$0.65
2021$0.00$0.00$0.05$0.00$0.00$0.05$0.00$0.00$0.05$0.00$0.00$1.89$2.04

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Cromwell CenterSquare Real Estate 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 Cromwell CenterSquare Real Estate Fund was 40.84%, occurring on Mar 23, 2020. Recovery took 266 trading sessions.

The current Cromwell CenterSquare Real Estate Fund drawdown is 2.89%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-40.84%Mar 2020
28d1y 21d
1y 1moFeb 2020 - Apr 2021
2023 bear market2023
-32.98%Oct 2023
1y 9mo2y 3mo
4y 1moJan 2022 - Feb 2026
Rate-hike selloffLate 2018
-13.56%Dec 2018
17d1mo 8d
1mo 25dDec 2018 - Jan 2019
2018 correction2018
-13.54%Feb 2018
1mo 21d4mo 27d
6mo 18dDec 2017 - Jul 2018
Rate-hike selloffLate 2018
-8.25%Oct 2018
1mo 14d1mo 25d
3mo 9dAug 2018 - Dec 2018

Drawdown Indicators


MRESXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-40.84%

-56.78%

+15.94%

Max Drawdown (1Y)

Largest decline over 1 year

-7.92%

-9.10%

+1.18%

Max Drawdown (3Y)

Largest decline over 3 years

-17.29%

-18.90%

+1.61%

Max Drawdown (5Y)

Largest decline over 5 years

-32.98%

-25.43%

-7.55%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-2.89%

-1.80%

-1.09%

Average Drawdown

Average peak-to-trough decline

-9.48%

-10.71%

+1.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.65%

2.03%

+0.62%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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