NAA Risk Managed Real Estate Fund
GURPX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Real Estate
- Industry
- Real Estate - General
- Address
- New Age Alpha Advisors LLC, 555 Theodore Fremd Avenue Rye NY United States of America 10580
- IPO Date
- May 1, 2015
- CIK
- 0000088525
- Similar Companies
- Business
- NAA Risk Managed Real Estate Fund (GURPX) is a mutual fund that seeks total return through a combination of current income and capital appreciation by investing primarily in real estate-related securities. The fund employs a risk-managed strategy, allocating assets across public real estate securities, including common stocks, preferred stocks, and debt securities of real estate investment trusts (REITs); real estate operating companies; and other real estate-related instruments such as mortgage-backed securities and commercial mortgage-backed securities; while also incorporating hedging techniques like short positions, derivatives including options, futures, and swaps, and fixed-income securities to mitigate downside risk. It targets diversified exposure to U.S. and international real estate sectors, including residential, commercial, industrial, retail, office, healthcare, lodging, and self-storage properties, serving institutional and retail investors seeking income and growth with reduced volatility compared to traditional real estate funds. Founded in 2013 and managed by North American Advisors, headquartered in Kansas City, Missouri, the fund operates globally with a focus on North American markets. In recent developments, the fund has benefited from strategic enhancements in its risk overlay model amid volatile interest rate environments, including expanded use of equity-linked notes and volatility-targeted overlays as of 2024 to navigate REIT sector challenges from rising rates; no major acquisitions or partnerships announced in the past two years, though it continues to emphasize adaptive portfolio rebalancing in response to macroeconomic shifts.