REMS Real Estate Value Opportunity Fund Platform Shares
HLPPX
NASDAQ- -
USD
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- -
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
- 8730 Stony Point Parkway Richmond VA United States of America 23235
- IPO Date
- Dec 22, 2009
- CIK
- 0001396092
- Website
- remsgroupfunds.com
- Similar Companies
- Business
- LDR Real Estate Value-Opportunity Fund Platform Shares (HLPPX) is a diversified open-end mutual fund that seeks long-term capital growth and current income by investing at least 80% of its net assets in publicly traded real estate securities, including equity real estate investment trusts (REITs), mortgage REITs, REIT preferred stocks, real estate operating companies, and exchange-traded funds such as the Real Estate Select Sector SPDR Fund; its portfolio emphasizes value-oriented strategies across real estate sectors like diversified/other, healthcare, industrial, mortgage, office, residential, and retail, with top holdings including Healthcare Realty Trust, Inc., Healthpeak Properties, Inc., Brixmor Property Group, Inc., Kite Realty Group Trust, and Urban Edge Properties. The fund offers multiple share classes, including Platform Shares (HLPPX), Institutional Shares, and Z Shares, and targets institutional investors, high-net-worth individuals, and financial intermediaries seeking exposure to U.S. public real estate markets. Established in December 2002 originally as a series of Hillview Investment Trust II and reorganized into the World Funds Trust in 2014, the fund is headquartered at 8730 Stony Point Parkway, Suite 205, Richmond, Virginia 23235, and managed by LDR Capital Management LLC (LDR Capital), following the 2022 merger with REMS Group LLC, which prompted the name change from REMS Real Estate Value-Opportunity Fund. LDR Capital, founded in 2021 with offices in New York, NY, and Naples, FL, applies fundamental analysis and over 140 years of combined team experience in REITs and real estate securities to pursue risk-adjusted returns. Recent major developments include the November 2025 merger of the Altegris/AACA Opportunistic Real Estate Fund into the LDR Real Estate Value-Opportunity Fund, which increased assets under management, lowered expenses for shareholders, and enhanced tax efficiencies; this follows the 2022 REMS Group merger and marks LDR Capital's second such transaction in four years. Effective May 1, 2024, LDR Capital discontinued the fund's expense limitation agreement, which had capped total annual operating expenses at 1.00% of average daily net assets (excluding certain costs like 12b-1 fees), resulting in higher net expenses thereafter. As of June 30, 2024, net assets stood at approximately $17.5 million, with a portfolio turnover rate of 7.03% for the prior six months and allocations including 89% domestic stocks, 8% preferred securities, and 2% cash equivalents.