Thirdline Real Estate Income Fund (TREIX)
9.22
0.00 (0.00%)
USD |
Apr 10 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 2.83% | -- | -- | 9.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -- | 0.86% |
Basic Info
| Investment Strategy | |
| The Fund seeks to generate current income with low volatility and low correlation to broader equity and bond markets. The Fund pursues its investment objectives by investing, under normal circumstances, at least 80% of assets, plus the amount of any borrowings for investment purposes, in Real Estate Investments. |
| General | |
| Security Type | Unlisted Closed-End Fund |
| Equity Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Global Peer Group | Equity Sector Real Estate US |
| Peer Group | Real Estate Funds |
| Global Macro | Equity Real Estate |
| US Macro | Sector Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Real Estate Funds |
| Fund Owner Firm Name | Thirdline Capital |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
--
-214.53M
Peer Group Low
165.86M
Peer Group High
1 Year
% Rank:
--
-820.80M
Peer Group Low
1.292B
Peer Group High
3 Months
% Rank:
--
-393.08M
Peer Group Low
259.92M
Peer Group High
3 Years
% Rank:
--
-6.179B
Peer Group Low
2.276B
Peer Group High
6 Months
% Rank:
--
-489.10M
Peer Group Low
633.51M
Peer Group High
5 Years
% Rank:
--
-5.722B
Peer Group Low
4.110B
Peer Group High
YTD
% Rank:
--
-393.08M
Peer Group Low
259.92M
Peer Group High
10 Years
% Rank:
--
-7.262B
Peer Group Low
6.609B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of April 11, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 0.88% |
| Stock | 64.78% |
| Bond | 26.29% |
| Convertible | 0.00% |
| Preferred | 0.78% |
| Other | 7.26% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Goodman Capital Liquid Credit Strategy
|
8.76% | -- | -- |
|
QFP Rockwell Mezz FRN 06-Dec-2030
|
7.78% | -- | -- |
|
E 79Th Street Mess Select LP FRN 31-Oct-2025
|
6.81% | -- | -- |
|
Infinity RE Impact III LP
|
6.32% | -- | -- |
|
Beacon Partners Fund II LP
|
6.26% | -- | -- |
|
80-90 Central Ventur LLC
|
4.67% | -- | -- |
|
Buchanan Mortgage Fund LLC
|
4.67% | -- | -- |
|
PDOFQ2 22 Livingston Side Car LLC FRN 30-Jun-2025
|
4.67% | -- | -- |
|
CBRE US Credit Partners LP
|
4.43% | -- | -- |
|
Baywoods Road Owner LLC
|
3.68% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.49% |
| Administration Fee | 62.92K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 5000.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to generate current income with low volatility and low correlation to broader equity and bond markets. The Fund pursues its investment objectives by investing, under normal circumstances, at least 80% of assets, plus the amount of any borrowings for investment purposes, in Real Estate Investments. |
| General | |
| Security Type | Unlisted Closed-End Fund |
| Equity Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Global Peer Group | Equity Sector Real Estate US |
| Peer Group | Real Estate Funds |
| Global Macro | Equity Real Estate |
| US Macro | Sector Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Real Estate Funds |
| Fund Owner Firm Name | Thirdline Capital |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (4-9-26) | 8.07% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 55 |
| Stock | |
| Weighted Average PE Ratio | -- |
| Weighted Average Price to Sales Ratio | -- |
| Weighted Average Price to Book Ratio | -- |
| Weighted Median ROE | 7.64% |
| Weighted Median ROA | 3.23% |
| ROI (TTM) | 5.29% |
| Return on Investment (TTM) | 5.29% |
| Earning Yield | -- |
| LT Debt / Shareholders Equity | 0.9114 |
| Number of Equity Holdings | 33 |
| Bond | |
| Yield to Maturity (12-31-25) | -- |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | -- |
| Nominal Maturity | -- |
| Number of Bond Holdings | 8 |
As of December 31, 2025
Growth Metrics
| EPS Growth (1Y) | -- |
| EPS Growth (3Y) | -- |
| EPS Growth (5Y) | -- |
| Sales Growth (1Y) | 5.76% |
| Sales Growth (3Y) | 10.80% |
| Sales Growth (5Y) | 10.27% |
| Sales per Share Growth (1Y) | 2.72% |
| Sales per Share Growth (3Y) | 6.17% |
| Operating Cash Flow - Growth Rate (3Y) | 13.84% |
As of December 31, 2025
Fund Details
| Key Dates | |
| Launch Date | 9/28/2021 |
| Last Annual Report Date | 3/31/2025 |
| Last Prospectus Date | 7/31/2025 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund |
|
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |