CRWRX — NYLI CBRE Real Estate Fund
Data updated: 2026-09-23
CRWRX — NYLI CBRE Real Estate Fund. United States Real Estate · $221.92M AUM · 1.43% expense ratio. Holdings, fees, performance and SEC filings.
CRWRX Fund Overview
CRWRX — NYLI CBRE Real Estate Fund is a US mutual fund managed by New York Life Investments Funds Trust, categorised as United States Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: New York Life Investments Funds Trust
- Category: United States Real Estate
- Assets under management: $221.92M
- 1-year return: -4.0%
- Ticker: CRWRX
- SEC CIK: 0001469192
- SEC series ID: S000067319
- Share class ID: C000216490
CRWRX Investment Objective and Strategy
NYLI CBRE Real Estate Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by New York Life Investments Funds Trust.
Investment objective
The Fund seeks total return.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its assets (net assets plus borrowings for investment purposes) in common and preferred stocks of U.S. real estate investment trusts (REITs) and other real estate companies. The Funds Subadvisor, CBRE Investment Management Listed Real Assets LLC, defines a real estate company as a company that: (i) derives at least 50% of its total revenue or earnings from owning, operating, leasing, developing, managing, brokering and/or selling real estate; or (ii) has at least 50% of its assets invested in real estate . Companies principally engaged in the real estate industry may include REITs, real estate owners, real estate managers, real estate brokers, real estate dealers, and companies with substantial real estate holdings. The Fund is non-diversified, which means it may invest a greater percentage of its assets in a smaller number of issuers than a diversified fund.
Under normal market conditions, the Fund will invest more than 25% of its total assets (concentrate its investments) in securities issued by companies principally engaged in the real estate industry. The Subadvisor may invest in companies with any market capitalization. However, the Subadvisor will generally not invest in companies with a market capitalization of less than $100 million at the time of purchase. The Fund may also invest in convertible securities, initial public offerings, and Rule 144A securities. The Fund may invest in other investment companies, including exchange-traded funds. Investment Process: The Subadvisor focuses on investments that generally provide income and also have the potential for long-term capital appreciation. The Subadvisor uses systematic, top-down research to evaluate property market conditions and trends to judge which market sectors offer potentially attractive returns.
The Subadvisor uses proprietary analytical techniques to conduct fundamental company analysis, which provides a framework for security selection. This approach incorporates several quantitative and qualitative factors that aid in evaluating performance characteristics of individual securities independently and relative to each other. The Subadvisor will also typically employ portfolio optimization tools to help in its evaluation of the Funds current portfolio and its identification of potential investments for the Fund. The Subadvisor's investment approach, with its emphasis on investments in companies primarily engaged in the real estate industry, is expected to produce a total return that is closely tied to the performance of the market for publicly traded real estate companies, including real estate investment trusts, which is a narrow segment of the overall U.S.
stock market. The Subadvisor includes sustainability considerations (such as environmental, social and governance factors) considerations in its analysis to help identify companies that balance the needs of all stakeholders in their communities and address sustainability issues. The sustainability factors are assessed based on internal research and information from an independent global provider of environmental, social and corporate governance research. The Subadvisors approach and implementation of all factors including sustainability is applied consistently across all investments and industries and does not change based on the size of the company or potential position size. As sustainability considerations are assessed alongside the fundamental valuation model in the Subadvisors analysis, the Subadvisor generally will not forgo potential investments strictly based on evaluation of sustainability factors.
The Subadvisor may sell securities for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into opportunities believed to be more promising, among others.
CRWRX Holdings
Top 10 holdings of NYLI CBRE Real Estate Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Welltower, Inc. | 12.47% |
| Equinix, Inc. | 9.59% |
| American Tower Corp. | 7.61% |
| Prologis, Inc. | 6.11% |
| EastGroup Properties, Inc. | 3.51% |
| Simon Property Group, Inc. | 3.51% |
| Equity Residential | 3.45% |
| CubeSmart | 3.27% |
| Iron Mountain, Inc. | 3.17% |
| Brixmor Property Group, Inc. | 3.14% |
CRWRX Portfolio Allocation
Asset-class allocation of NYLI CBRE Real Estate Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.4% |
| Cash & Equivalents | 0.8% |
CRWRX Performance
Total returns for CRWRX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -4.0% |
| 3 years (annualised) | 4.7% |
CRWRX Risk Information
Risk metrics for CRWRX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 21.2%
CRWRX Costs and Fees
CRWRX costs about $143 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.43%
- Gross expense ratio: 1.70%
- Portfolio turnover: 79%
- Brokerage commissions: 9.36 bps of average net assets (SEC N-CEN)
CRWRX Cashflows
Over the 12 months to 2026-04, NYLI CBRE Real Estate Fund had net outflows of $35.17M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$1.38M |
| 2026-03 | −$5.37M |
| 2026-02 | −$3.08M |
| 2026-01 | −$4.74M |
| 2025-12 | −$4.31M |
| 2025-11 | −$3.17M |
CRWRX Debt Constituents
No individual debt constituents are reported in NYLI CBRE Real Estate Fund's latest SEC N-PORT filing.
CRWRX Prospectus and SEC Filings
Official NYLI CBRE Real Estate Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-08-24
- Prospectus (485BPOS) — filed 2025-08-21
- Prospectus (485BPOS) — filed 2024-08-28
- Portfolio holdings (N-PORT) — filed 2026-09-23
- Portfolio holdings (N-PORT) — filed 2026-06-25
- Portfolio holdings (N-PORT) — filed 2026-03-26
- Annual census (N-CEN) — filed 2026-07-10
- Annual census (N-CEN) — filed 2025-07-10
Related Funds
Other United States Real Estate funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.