Returns Chart

Key Stats

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Expense Ratio Total Assets Under Management Dividend Yield Turnover Ratio
0.91% 21.31M 1.06% 17.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized All Time Total Returns (Daily) Max Drawdown (All)
9.305M -13.39% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks long-term total investment return through a combination of capital appreciation and current income. Under normal market conditions, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in securities of equity real estate investment trusts ("REITs") and companies of any size market capitalization which primarily own, manage and invest in underlying real estate assets. Therefore, it invests at least 25% of its net assets (i.e., concentrates) in the real estate industry. The fund is non-diversified.
General
Security Type Mutual Fund
Oldest Share Symbol APRIX
Equity Style Mid Cap/Blend
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Real Estate
Category Index S&P United States REIT TR USD
Prospectus Objective Specialty - Real Estate
Fund Owner Firm Name AAM
Prospectus Benchmark Index
FTSE Nareit All Equity REITs TR USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
James Murray 14.02 yrs
William Schaff 14.02 yrs

Net Fund Flows Versus Category

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 28
9.305M
-3.651B Category Low
1.796B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of September 30, 2020

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
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% Rank in Cat (NAV)
--
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As of October 28, 2020. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2013
2014
2015
2016
2017
2018
2019
YTD
6.64%
31.65%
1.24%
7.67%
7.35%
-7.85%
30.45%
-12.76%
26.68%
4.94%
-0.87%
7.51%
22.40%
-8.71%
27.67%
-0.84%
2.72%
31.50%
3.65%
7.73%
6.19%
-2.94%
27.74%
-16.72%
--
30.51%
4.66%
8.02%
7.29%
-8.90%
29.86%
-10.82%
2.06%
31.68%
3.60%
8.03%
8.50%
-7.03%
27.74%
-16.42%
2.35%
30.69%
1.86%
8.22%
7.81%
-2.78%
26.87%
-11.34%
As of October 28, 2020.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-28-20) 1.06%
30-Day SEC Yield (9-30-20) Upgrade
7-Day SEC Yield (8-24-18) Upgrade
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 31.46
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
As of June 30, 2020

Growth Estimates

Forecasted 5 Yr Earnings Growth Upgrade
Forecasted Book Value Growth Upgrade
Forecasted Cash Flow Growth Upgrade
Forecasted Earnings Growth Upgrade
Forecasted Revenue Growth Upgrade
As of June 30, 2020

Asset Allocation

As of June 30, 2020.
Type % Net % Long % Short
Cash 2.97% Upgrade Upgrade
Stock 96.52% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.52% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
American Tower Corp 9.79% 230.13 -2.55%
Equinix Inc 7.48% 756.07 -2.23%
Rexford Industrial Realty Inc 6.13% 47.09 -1.28%
Prologis Inc 6.02% 97.51 -1.64%
Alexandria Real Estate Equities Inc 5.85% 152.17 -2.56%
Sun Communities Inc 5.15% 138.99 -0.98%
Independence Realty Trust Inc 4.31% 11.39 -2.98%
Jernigan Capital Inc 3.86% 17.26 0.00%
Invitation Homes Inc 3.74% 27.32 -2.60%
QTS Realty Trust Inc Class A 3.49% 62.81 -1.24%

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee Upgrade
Administration Fee --
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee Upgrade
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment Upgrade
Minimum Subsequent Investment Upgrade

Basic Info

Investment Strategy
The investment seeks long-term total investment return through a combination of capital appreciation and current income. Under normal market conditions, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in securities of equity real estate investment trusts ("REITs") and companies of any size market capitalization which primarily own, manage and invest in underlying real estate assets. Therefore, it invests at least 25% of its net assets (i.e., concentrates) in the real estate industry. The fund is non-diversified.
General
Security Type Mutual Fund
Oldest Share Symbol APRIX
Equity Style Mid Cap/Blend
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Real Estate
Category Index S&P United States REIT TR USD
Prospectus Objective Specialty - Real Estate
Fund Owner Firm Name AAM
Prospectus Benchmark Index
FTSE Nareit All Equity REITs TR USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
James Murray 14.02 yrs
William Schaff 14.02 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-28-20) 1.06%
30-Day SEC Yield (9-30-20) Upgrade
7-Day SEC Yield (8-24-18) Upgrade
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 31.46
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
As of June 30, 2020

Growth Estimates

Forecasted 5 Yr Earnings Growth Upgrade
Forecasted Book Value Growth Upgrade
Forecasted Cash Flow Growth Upgrade
Forecasted Earnings Growth Upgrade
Forecasted Revenue Growth Upgrade
As of June 30, 2020

Fund Details

Key Dates
Inception Date 9/29/2006
Last Annual Report Date 12/31/2019
Last Prospectus Date 5/1/2020
Share Classes
APRAX A
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No