HTMIX — Heitman US Real Estate Securities Fund
Data updated: 2024-11-20
HTMIX — Heitman US Real Estate Securities Fund. United States Real Estate · $1.42M AUM · 0.77% expense ratio. Holdings, fees, performance and SEC filings.
HTMIX Fund Overview
HTMIX — Heitman US Real Estate Securities Fund is a US mutual fund managed by Series Portfolios 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: Series Portfolios Trust
- Category: United States Real Estate
- Assets under management: $1.42M
- 1-year return: 31.0%
- Ticker: HTMIX
- SEC CIK: 0001650149
- SEC series ID: S000060156
- Share class ID: C000196893
HTMIX Investment Objective and Strategy
Heitman US Real Estate Securities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Series Portfolios Trust.
Investment objective
The Heitman US Real Estate Securities Fund (the Fund) seeks to achieve long-term total return.
Principal investment strategy
Under normal market conditions, the Fund seeks to achieve its investment objective by investing at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities issued by real estate companies operating in the United States, including real estate investment trusts (REITs). The Funds investments in equity securities may include common stocks, preferred stocks and securities offered in initial public offerings (IPOs). The Fund may invest in these equity securities directly or indirectly through investments in other investment companies, including exchange-traded funds (ETFs). The Fund defines a real estate company as any company that derives at least 50% of its revenue from, or has at least 50% of its assets in, real estate. The Fund considers a real estate company to be operating in the United States if the real estate company: (i) is organized in the United States, (ii) trades principally in a United States market, or (iii) derives at least 50% of its revenue from, or has at least 50% of its assets located in, the United States.
The Fund may invest in the securities of real estate companies of any market capitalization. The Fund may sell securities regardless of how long they have been held if the Adviser determines that a current position has become overvalued relative to its peers, if a company makes a strategic decision with which the Adviser disagrees, if the Adviser finds an opportunity that they believe is more compelling, or if the Advisers outlook on the company or market changes. The Adviser makes investment decisions through a bottom-up strategy, focusing on individual security selection. To guide the portfolio construction process, the Adviser incorporates both quantitative and qualitative analysis in real estate securities. The Adviser analyzes factors such as management, financial condition, cash flow, and companys growth potential estimates to select companies in the real estate industry that it believes will make attractive long-term investments.
The research process includes an evaluation of the commercial real estate supply and demand dynamics, management, strategy, property quality, financial strength and corporate structure. Judgments with respect to risk control, geographic and property sector variety, liquidity and other factors are considered and drive the Advisers investment decisions. In an effort to achieve its goal, the Fund may engage in active and frequent trading. The Fund is non-diversified, which means that it may invest a significant portion of its assets in the securities of a single issuer or small number of issuers.
HTMIX Holdings
Top 10 holdings of Heitman US Real Estate Securities Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Prologis Inc | 8.54% |
| Equinix Inc | 7.57% |
| Welltower Inc | 4.82% |
| American Tower Corp | 4.72% |
| Extra Space Storage Inc | 4.53% |
| Simon Property Group Inc | 4.38% |
| Healthpeak Properties Inc | 3.87% |
| Equity Residential | 3.61% |
| Digital Realty Trust Inc | 3.59% |
| Iron Mountain Inc | 3.46% |
HTMIX Portfolio Allocation
Asset-class allocation of Heitman US Real Estate Securities Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.1% |
| Cash & Equivalents | 0.5% |
HTMIX Performance
Total returns for HTMIX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 31.0% |
| 3 years (annualised) | 2.7% |
HTMIX Risk Information
Risk metrics for HTMIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 17.4%
HTMIX Costs and Fees
HTMIX costs about $77 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.77%
- Gross expense ratio: 1.12%
- Portfolio turnover: 150%
- Brokerage commissions: 19.09 bps of average net assets (SEC N-CEN)
HTMIX Cashflows
Over the 12 months to 2024-09, Heitman US Real Estate Securities Fund had net inflows of $5.77M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-09 | $18.97K |
| 2024-08 | −$4.29M |
| 2024-07 | −$197.03K |
| 2024-06 | $93.45K |
| 2024-05 | $194.86K |
| 2024-04 | −$8.71M |
HTMIX Debt Constituents
No individual debt constituents are reported in Heitman US Real Estate Securities Fund's latest SEC N-PORT filing.
HTMIX Prospectus and SEC Filings
Official Heitman US Real Estate Securities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-04-26
- Prospectus (485BPOS) — filed 2023-04-27
- Prospectus (485BPOS) — filed 2022-04-29
- Portfolio holdings (N-PORT) — filed 2024-11-20
- Portfolio holdings (N-PORT) — filed 2024-08-27
- Portfolio holdings (N-PORT) — filed 2024-05-24
- Annual census (N-CEN) — filed 2024-03-12
- Annual census (N-CEN) — filed 2023-03-16
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.