MUSRX Performance — US Real Estate Portfolio, Class I
Data updated: 2024-11-27
MUSRX returned +32.46% over one year to Sep 2024. Annualised returns are +3.70% over 3 years and +2.72% over 5 years. The fund beat its Real Estate category average: $100 invested three years ago grew to $112, against $109 for the category, and to $132 over one year, against $132. Volatility over the past three years was 20.85% a year. In the 12 months to Sep 2024 the fund lost a net $31.9M, and assets reached $266.86M.
MUSRX Growth of $100
What $100 invested in US Real Estate Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Real Estate category average over the same months.
| Period | MUSRX | Category average |
|---|---|---|
| 1 year (Oct 2023 – Sep 2024) | $132 | $132 |
| 3 years (Oct 2021 – Sep 2024) | $112 | $109 |
| 5 years (Oct 2019 – Sep 2024) | $114 | $133 |
| Since data start (Jul 2019 – Sep 2024) | $119 | $140 |
MUSRX Trailing Returns
Total returns to Sep 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +32.46% |
| 3 years (annualised) | +3.70% |
| 5 years (annualised) | +2.72% |
MUSRX Annual Returns
Calendar-year total returns of US Real Estate Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Sep) | +16.16% |
| 2023 | +14.51% |
| 2022 | −27.06% |
| 2021 | +39.80% |
| 2020 | −16.87% |
| 2019 (Jul–Dec) | +5.24% |
MUSRX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −4.1% | +2.8% | +1.2% | −6.8% | +5.1% | +2.7% | +5.5% | +6.3% | +3.1% | — | — | — |
| 2023 | +9.9% | −4.1% | −1.5% | +1.8% | −3.4% | +5.1% | +2.4% | −2.5% | −6.2% | −3.4% | +9.3% | +7.9% |
| 2022 | −6.7% | −3.1% | +7.1% | −4.1% | −8.1% | −7.9% | +8.2% | −5.5% | −12.8% | +3.9% | +5.9% | −5.3% |
| 2021 | 0.0% | +3.1% | +3.6% | +8.7% | +1.1% | +3.0% | +4.5% | +1.7% | −5.3% | +6.9% | −1.6% | +9.2% |
| 2020 | −1.2% | −8.9% | −26.6% | +10.3% | −3.1% | +3.1% | +0.6% | +1.1% | −2.7% | −4.0% | +17.5% | +2.3% |
| 2019 | — | — | — | — | — | — | +1.0% | −0.7% | +3.4% | +0.5% | 0.0% | +1.0% |
MUSRX Risk
Risk measures from monthly returns over Oct 2021 – Sep 2024.
- 3-year volatility (annualised): 20.85%
- 3-year Sharpe ratio: -0.04 (vs 4.5% risk-free rate)
- Best month: +9.86% (Jan 2023)
- Worst month: −12.81% (Sep 2022)
MUSRX Fund Flows
Monthly money in and out of US Real Estate Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$31.9M
- 12-month gross sales (incl. reinvestments): $23.1M
- Sales ÷ redemptions: 0.42×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2024 | $5.4M | $11.3M | −$5.8M |
| Aug 2024 | $335K | $15.3M | −$14.9M |
| Jul 2024 | $7.1M | $4.2M | $2.9M |
| Jun 2024 | $525K | $3.1M | −$2.6M |
| May 2024 | $1.1M | $2.5M | −$1.3M |
| Apr 2024 | $2.9M | $1.8M | $1.0M |
| Mar 2024 | $1.2M | $2.2M | −$1.1M |
| Feb 2024 | $918K | $2.6M | −$1.7M |
| Jan 2024 | $604K | $4.6M | −$4.0M |
| Dec 2023 | $494K | $3.5M | −$3.0M |
| Nov 2023 | $983K | $2.1M | −$1.1M |
| Oct 2023 | $1.5M | $1.9M | −$356K |
MUSRX Assets Under Management
Net assets of US Real Estate Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-09-30 | $266.86M |
| 2024-06-30 | $253.22M |
| 2024-03-31 | $254.46M |
| 2023-12-31 | $261.89M |
| 2023-09-30 | $233.92M |
| 2023-06-30 | $298.76M |
| 2023-03-31 | $294.04M |
| 2022-12-31 | $290.54M |
| 2022-09-30 | $275.05M |
| 2022-06-30 | $309.36M |
| 2022-03-31 | $388.71M |
| 2021-12-31 | $418.46M |
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.