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Cromwell CenterSquare Real Estate Fund (MRESX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

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

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Cromwell CenterSquare Real Estate Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Cromwell CenterSquare Real Estate Fund (MRESX) has returned 2.52% so far this year and 1.59% over the past 12 months.


Cromwell CenterSquare Real Estate Fund

1D
0.35%
1M
-7.23%
YTD
2.52%
6M
0.69%
1Y
1.59%
3Y*
6.75%
5Y*
6.45%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Feb 24, 2017, MRESX's average daily return is +0.04%, while the average monthly return is +0.67%. At this rate, your investment would double in approximately 8.7 years.

Historically, 57% of months were positive and 43% 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 50% 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%-7.23%2.52%
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 -1.40%, beta of 0.82, and R² of 0.48 versus S&P 500 Index. Calculated based on daily prices since February 27, 2017.

  • This fund participated in 94.32% of S&P 500 Index downside but only 76.51% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.48 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
-1.40%
Beta
0.82
0.48
Upside Capture
76.51%
Downside Capture
94.32%

Expense Ratio

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


Return for Risk

Risk / Return Rank

MRESX ranks 6 for risk / return — in the bottom 6% 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: 66
Overall Rank
MRESX Sharpe Ratio Rank: 77
Sharpe Ratio Rank
MRESX Sortino Ratio Rank: 66
Sortino Ratio Rank
MRESX Omega Ratio Rank: 77
Omega Ratio Rank
MRESX Calmar Ratio Rank: 66
Calmar Ratio Rank
MRESX Martin Ratio Rank: 66
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 a chosen benchmark (S&P 500 Index).


MRESXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.12

0.90

-0.77

Sortino ratio

Return per unit of downside risk

0.31

1.39

-1.08

Omega ratio

Gain probability vs. loss probability

1.04

1.21

-0.17

Calmar ratio

Return relative to maximum drawdown

-0.00

1.40

-1.40

Martin ratio

Return relative to average drawdown

-0.00

6.61

-6.61

Explore MRESX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Cromwell CenterSquare Real Estate Fund provided a 1.57% 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

1.57%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$0.08
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 7.60%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-40.84%Feb 24, 202021Mar 23, 2020266Apr 13, 2021287
-32.98%Jan 3, 2022456Oct 25, 2023550Feb 17, 20261006
-13.56%Dec 7, 201812Dec 24, 201825Jan 31, 201937
-13.54%Dec 19, 201735Feb 8, 2018101Jul 5, 2018136
-8.25%Aug 29, 201832Oct 12, 201837Dec 6, 201869

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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