This fund strives to achieve both high income and moderate long-term capital appreciation by investing in real estate investment trusts (REITs). This fund fully replicates the MSCI US Investable Market Real Estate 25/50 Index, which contains equity REITs with income producing properties. As such, this portfolio serves as an accurate reflection of U.S. REIT market. While REIT management companies may also appear within this index portfolio, typically making up less than 5% of assets within it.

REITs included in this fund trade on public markets and may experience market fluctuations. Like all mutual funds, their investments are not protected by any guarantee from either the FDIC or any other government body; thus investments may become worth more or less than what was originally paid out at any point in time.

Compare actively managed REIT funds with this straightforward and low-cost strategy and you could see better returns without much risk. Spread your bets among various holdings, tap the market’s collective wisdom with cost-efficient strategies that weight securities by their size, and minimize turnover to reduce transaction costs. A great option for investors seeking exposure to U.S. REIT markets with minimal fees and management oversight, this fund earned Morningstar Medalist Ratings of Gold for both Admiral and Institutional share classes, while investor-class shares received Bronze due to mixed performance against its active peers – though its Process Pillar remains Above Average.