iShares Global REIT ETF (REET)
- Previous Close
26.17 - Open
26.25 - Bid 26.37 x 1800
- Ask 26.38 x 2900
- Day's Range
26.20 - 26.43 - 52 Week Range
19.69 - 27.24 - Volume
98,704 - Avg. Volume
662,721 - Net Assets 4.08B
- NAV 26.19
- PE Ratio (TTM) 22.37
- Yield 2.61%
- YTD Daily Total Return 10.22%
- Beta (5Y Monthly) 1.12
- Expense Ratio (net) 0.14%
The index is designed to track the performance of publicly-listed real estate investment trusts ("REITs") (or their local equivalents) in both developed and emerging markets. The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents.
iShares
Fund Family
Global Real Estate
Fund Category
4.08B
Net Assets
2014-07-08
Inception Date
Performance Overview: REET
View MoreTrailing returns as of 10/15/2024. Category is Global Real Estate.
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Holdings: REET
View MoreTop 10 Holdings (36.18% of Total Assets)
Sector Weightings
Related ETF News
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Research Reports: REET
View MoreUS-Based Asset Managers: Market Values for Asset Managers Already Pricing In an Easing Rate Cycle
Federated Hermes provides asset-management services for institutional and individual investors. The firm had $782.7 billion in managed assets at the end of June 2024, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (3%), and money market (75%) funds. The firm's cash-management operations are expected to generate around 50% of Federated's revenue this year, compared with 28%, 12%, and 10%, respectively, for the equity, fixed-income, and alternatives/multi-asset operations. The company's products are distributed via trust banks, wealth managers, and retail broker/dealers (64% of AUM), institutional investors (27%), and international clients (9%).
RatingPrice TargetTiming and Magnitude of Rate Cuts Will Influence Federated Hermes' Near-Term Results
Federated Hermes provides asset-management services for institutional and individual investors. The firm had $782.7 billion in managed assets at the end of June 2024, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (3%), and money market (75%) funds. The firm's cash-management operations are expected to generate around 50% of Federated's revenue this year, compared with 28%, 12%, and 10%, respectively, for the equity, fixed-income, and alternatives/multi-asset operations. The company's products are distributed via trust banks, wealth managers, and retail broker/dealers (64% of AUM), institutional investors (27%), and international clients (9%).
RatingPrice TargetMoney-market assets rise in 2Q but equity outflows continue
Federated Hermes, based in Pittsburgh, is an asset management holding company with about $783 billion in AUM as of June 30, 2024. It offers equity, fixed-income and money-market funds. The company's clients include high-net-worth individuals, registered investment advisors, pension funds, charities, and government organizations. Federated Hermes takes a relatively conservative, long-term approach to investing.
RatingPrice TargetUS-Based Asset Managers: Recovery in AUM, Revenue, and Profitability Already Baked Into Share Prices
Federated provides asset management services for institutional and individual investors. The firm had $778.7 billion in managed assets at the end of March 2024, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (3%), and money market (74%) funds. That said, the firm's cash-management operations are expected to generate around 47% of Federated's revenue this year, compared with 29%, 13%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (64% of AUM), institutional investors (28%), and international clients (8%).
RatingPrice Target