MREZX — Cromwell CenterSquare Real Estate Fund
Data updated: 2026-08-21
MREZX — Cromwell CenterSquare Real Estate Fund. United States Real Estate · $93.88M AUM · 0.77% expense ratio. Holdings, fees, performance and SEC filings.
MREZX Fund Overview
MREZX — Cromwell CenterSquare Real Estate Fund is a US mutual fund managed by Total Fund Solution, 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: Total Fund Solution
- Category: United States Real Estate
- Assets under management: $93.88M
- 1-year return: -24.3%
- Ticker: MREZX
- SEC CIK: 0001872253
- SEC series ID: S000074018
- Share class ID: C000234135
MREZX Investment Objective and Strategy
Cromwell CenterSquare Real Estate Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Total Fund Solution.
Investment objective
The Cromwell CenterSquare Real Estate Funds (the CenterSquare Fund or the Fund) investment objective is to achieve a combination of income and long-term capital appreciation .
Principal investment strategy
Under normal circumstances, the Fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in stocks of companies principally engaged in the real estate industry, including Real Estate Investment Trusts (REITs). For purposes of the Funds investment policies, CenterSquare Investment Management LLC (CenterSquare Sub-Adviser or Sub-Adviser) considers a company to be principally engaged in the real estate industry if it (i) derives at least 50% of its revenues or profits from the ownership, construction, management, financing or sale of residential, commercial or industrial real estate, or (ii) has at least 50% of its assets invested in residential, commercial or industrial real estate. The Fund invests primarily in REITs (mainly equity REITs), listed Real Estate Operating Companies (REOCs) and equity securities of companies whose principal business is the ownership management and/or development of income producing and for-sale real estate.
Investments will primarily be comprised of equity REITs and REOCs but may also include hybrid and mortgage REITs. The Fund may invest in companies representing a broad range of market capitalizations, which generally may include large-, mid-, and small-capitalization companies. The Fund also may invest up to 10% of the Funds assets in initial public offerings (IPOs) and up to 10% of the Funds assets in exchange-traded funds (ETFs). The IPOs and ETFs in which the Fund invests are primarily comprised of REITs or REOCs traded on U.S. exchanges. The Fund is non-diversified and may hold a greater percentage of its assets in securities of a single issuer or a smaller number of issuers than a diversified fund.
MREZX Holdings
Top 10 holdings of Cromwell CenterSquare Real Estate Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Welltower, Inc. | 9.53% |
| Equinix, Inc. | 7.63% |
| Prologis, Inc. | 6.75% |
| American Tower Corp. | 5.28% |
| Digital Realty Trust, Inc. | 4.80% |
| Ventas, Inc. | 4.37% |
| Simon Property Group, Inc. | 3.00% |
| Udr, Inc. | 2.88% |
| Extra Space Storage, Inc. | 2.78% |
| Public Storage | 2.77% |
MREZX Portfolio Allocation
Asset-class allocation of Cromwell CenterSquare Real Estate Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.3% |
| Cash & Equivalents | 0.3% |
MREZX Performance
Total returns for MREZX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -24.3% |
MREZX Risk Information
Risk metrics for MREZX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 23.1%
MREZX Costs and Fees
MREZX costs about $77 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.77%
- Gross expense ratio: 0.77%
- Portfolio turnover: 31%
- Brokerage commissions: 4.63 bps of average net assets (SEC N-CEN)
MREZX Cashflows
Over the 12 months to 2026-06, Cromwell CenterSquare Real Estate Fund had net outflows of $9.07M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$722.27K |
| 2026-05 | −$513.84K |
| 2026-04 | −$1.37M |
| 2026-03 | −$1.87M |
| 2026-02 | −$887.87K |
| 2026-01 | −$1.21M |
MREZX Debt Constituents
No individual debt constituents are reported in Cromwell CenterSquare Real Estate Fund's latest SEC N-PORT filing.
MREZX Prospectus and SEC Filings
Official Cromwell CenterSquare Real Estate Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-30
- Prospectus (485BPOS) — filed 2024-04-29
- Prospectus supplement (497) — filed 2025-05-07
- Portfolio holdings (N-PORT) — filed 2026-08-21
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-23
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-17
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.