West Loop Realty Fund Class C Shares
REICX
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
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- INVESTMENT MANAGERS SERIES TRUST(LSA) DE United States of America
- IPO Date
- Jan 6, 2014
- CIK
- 0001318342
- Similar Companies
- Business
- West Loop Realty Fund Class C Shares (REICX) is a mutual fund series of Investment Managers Series Trust that seeks current income and long-term growth of capital by investing at least 80% of its net assets (plus any borrowings for investment purposes) in income-producing equity securities of publicly traded real estate investment trusts (REITs) and real estate operating companies, with a focus on small- to medium-sized capitalization issuers; the Fund pursues a growth-oriented strategy emphasizing low leverage, cash flow growth prospects, and balance sheet strength across sectors including residential (e.g., American Homes 4 Rent, AvalonBay Communities, Camden Property Trust), industrial (e.g., Prologis, Rexford Industrial Realty), healthcare (e.g., Ventas, Welltower), data centers (e.g., Equinix, Digital Realty Trust), cell towers (e.g., American Tower, SBA Communications), self-storage (e.g., Public Storage, Extra Space Storage), shopping centers (e.g., Brixmor Property Group, InvenTrust Properties), and others such as office properties (e.g., Highwoods Properties) and single-tenant net lease (e.g., NNN REIT). The Fund offers Class A (REIAX), Class C (REICX), and Institutional Class (REIIX) shares, each with distinct expense ratios (net expense ratio of 2.10% for Class C after waivers) and distribution policies, including quarterly net investment income distributions and annual capital gains; short-term investments such as money market deposits comprise a small portion of assets for liquidity. Geographically, the Fund invests primarily in U.S.-based REITs listed on major exchanges like NYSE and NASDAQ, targeting institutional and retail investors seeking real estate sector exposure without direct property ownership; net assets stood at approximately $20.4 million for the Institutional Class as of December 31, 2024, with a portfolio turnover rate of 26%. The Fund, which commenced operations on December 31, 2013 (originally as Chilton Realty Income & Growth Fund prior to September 30, 2014), is managed by Liberty Street Advisors, Inc., located at 88 Pine Street, 31st Floor, Suite 3101, New York, NY 10005, with sub-advisory from portfolio managers Bruce Garrison and Matthew R. Werner, who oversee sector allocations and stock selection. Recent performance attribution for 2024 highlighted positive contributions from overweight allocations and stock picks in healthcare (including new investment in American Healthcare REIT post its February 2024 IPO), underweight positioning in triple net REITs amid interest rate sensitivity, and strong office sector selection (e.g., Highwoods Properties up over 40%); detractors included overweight cell towers and underweights in regional malls and specialty REITs like Iron Mountain. No material changes such as acquisitions, partnerships, funding rounds, new product launches, or reorganizations occurred during the 2024 reporting period, reflecting continuity in the Fund's proprietary REIT selection process amid stabilizing interest rates and REIT market recovery.