HLPPX Performance — LDR Real Estate Value-Opportunity, Platform Shares
Data updated: 2026-08-25
HLPPX returned +14.47% year to date and +11.18% over one year to Jun 2026. Annualised returns are +6.62% over 3 years and +1.95% over 5 years. The fund trailed its Real Estate category average: $100 invested three years ago grew to $121, against $132 for the category, and to $111 over one year, against $115. Volatility over the past three years was 14.18% a year. In the 12 months to Jun 2026 the fund took in a net $27.2M, and assets reached $30.45M.
HLPPX Growth of $100
What $100 invested in LDR Real Estate Value-Opportunity grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Real Estate category average over the same months.
| Period | HLPPX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $111 | $115 |
| 3 years (Jul 2023 – Jun 2026) | $121 | $132 |
| 5 years (Jul 2021 – Jun 2026) | $110 | $119 |
| Since data start (Jan 2020 – Jun 2026) | $132 | $142 |
HLPPX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +14.47% |
| 1 year | +11.18% |
| 3 years (annualised) | +6.62% |
| 5 years (annualised) | +1.95% |
HLPPX Annual Returns
Calendar-year total returns of LDR Real Estate Value-Opportunity, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +14.47% |
| 2025 | −9.35% |
| 2024 | +8.92% |
| 2023 | +10.19% |
| 2022 | −21.44% |
| 2021 | +40.17% |
| 2020 | −4.06% |
HLPPX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.5% | +5.8% | −3.7% | +6.6% | +1.3% | +0.5% | — | — | — | — | — | — |
| 2025 | −2.0% | +1.3% | −3.9% | −4.4% | +1.1% | +1.2% | −1.4% | +0.8% | +0.3% | −0.4% | −0.8% | −1.4% |
| 2024 | −4.5% | −2.0% | +3.0% | −3.0% | +4.0% | +1.1% | +8.0% | +5.3% | +1.5% | −2.7% | +5.9% | −6.9% |
| 2023 | +9.1% | −4.2% | −5.0% | +0.7% | −3.2% | +6.1% | +3.2% | −0.2% | −6.4% | −4.5% | +6.3% | +9.5% |
| 2022 | −5.9% | −1.2% | +3.1% | −3.7% | −1.5% | −10.9% | +7.2% | −6.2% | −10.1% | +6.3% | +5.3% | −4.3% |
| 2021 | 0.0% | +8.7% | +4.4% | +9.0% | −0.2% | +0.8% | +3.1% | +2.4% | −3.0% | +3.4% | −1.9% | +8.4% |
| 2020 | −0.9% | −7.3% | −31.2% | +14.2% | +1.4% | +6.7% | +1.7% | +4.0% | −1.9% | −3.8% | +16.6% | +5.6% |
HLPPX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 14.18%
- 3-year Sharpe ratio: 0.15 (vs 4.5% risk-free rate)
- Best month: +9.50% (Dec 2023)
- Worst month: −6.89% (Dec 2024)
HLPPX Fund Flows
Monthly money in and out of LDR Real Estate Value-Opportunity, from SEC Form N-PORT.
- 12-month net flow: $27.2M
- 12-month gross sales (incl. reinvestments): $47.9M
- Sales ÷ redemptions: 2.31×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $1.0M | $1.2M | −$182K |
| May 2026 | $1.1M | $933K | $125K |
| Apr 2026 | $749K | $541K | $208K |
| Mar 2026 | $10K | $766K | −$756K |
| Feb 2026 | $19K | $829K | −$810K |
| Jan 2026 | $19K | $839K | −$820K |
| Dec 2025 | $2.0M | $10.4M | −$8.4M |
| Nov 2025 | $71K | $4.2M | −$4.1M |
| Oct 2025 | $42.4M | $46K | $42.4M |
| Sep 2025 | $37K | $388K | −$351K |
| Aug 2025 | $153K | $99K | $54K |
| Jul 2025 | $330K | $561K | −$231K |
HLPPX Assets Under Management
Net assets of LDR Real Estate Value-Opportunity by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $30.45M |
| 2026-03-31 | $28.57M |
| 2025-12-31 | $29.31M |
| 2025-09-30 | $11.69M |
| 2025-06-30 | $12.25M |
| 2025-03-31 | $13.83M |
| 2024-12-31 | $14.92M |
| 2024-09-30 | $16.96M |
| 2024-06-30 | $17.50M |
| 2024-03-31 | $19.56M |
| 2023-12-31 | $22.97M |
| 2023-09-30 | $22.52M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.