PRCEX Performance — Real Estate Securities Fund, Class C
Data updated: 2026-09-25
PRCEX returned +15.54% year to date and +15.12% over one year to Jul 2026. Annualised returns are +7.99% over 3 years and +1.83% over 5 years. The fund trailed its Real Estate category average: $100 invested three years ago grew to $126, against $132 for the category, and to $115 over one year, against $118. Volatility over the past three years was 15.53% a year. In the 12 months to Jul 2026 the fund took in a net $50.8M, and assets reached $7.03B.
PRCEX Growth of $100
What $100 invested in Real Estate Securities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Real Estate category average over the same months.
| Period | PRCEX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $115 | $118 |
| 3 years (Aug 2023 – Jul 2026) | $126 | $132 |
| 5 years (Aug 2021 – Jul 2026) | $109 | $117 |
| Since data start (Aug 2019 – Jul 2026) | $140 | $152 |
PRCEX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +15.54% |
| 1 year | +15.12% |
| 3 years (annualised) | +7.99% |
| 5 years (annualised) | +1.83% |
PRCEX Annual Returns
Calendar-year total returns of Real Estate Securities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +15.54% |
| 2025 | −0.04% |
| 2024 | +4.25% |
| 2023 | +11.89% |
| 2022 | −26.02% |
| 2021 | +38.17% |
| 2020 | −4.32% |
| 2019 (Aug–Dec) | +6.26% |
PRCEX 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 | +2.0% | +6.8% | −5.5% | +8.8% | −0.3% | +1.2% | +2.2% | — | — | — | — | — |
| 2025 | +0.7% | +4.7% | −2.1% | −1.0% | +0.1% | −0.2% | −1.7% | +2.5% | −0.1% | −1.9% | +2.1% | −2.9% |
| 2024 | −4.8% | +1.5% | +1.3% | −7.6% | +6.1% | +2.0% | +6.6% | +5.3% | +2.4% | −3.3% | +3.1% | −7.1% |
| 2023 | +10.5% | −4.5% | −2.5% | +1.2% | −4.2% | +4.7% | +2.3% | −3.2% | −6.0% | −3.6% | +10.0% | +8.4% |
| 2022 | −7.1% | −4.0% | +6.1% | −4.0% | −5.8% | −7.1% | +8.9% | −5.7% | −11.2% | +2.3% | +5.1% | −5.0% |
| 2021 | −0.6% | +2.3% | +5.0% | +7.6% | +1.0% | +2.9% | +5.4% | +1.6% | −5.5% | +7.0% | −1.6% | +8.6% |
| 2020 | +1.9% | −7.8% | −17.9% | +7.8% | +1.4% | +2.0% | +5.7% | 0.0% | −3.2% | −2.8% | +9.0% | +2.7% |
| 2019 | — | — | — | — | — | — | — | +4.0% | +2.0% | +2.2% | −0.7% | −1.2% |
PRCEX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 15.53%
- 3-year Sharpe ratio: 0.22 (vs 4.5% risk-free rate)
- Best month: +9.95% (Nov 2023)
- Worst month: −7.60% (Apr 2024)
PRCEX Fund Flows
Monthly money in and out of Real Estate Securities Fund, from SEC Form N-PORT.
- 12-month net flow: $50.8M
- 12-month gross sales (incl. reinvestments): $1.7B
- Sales ÷ redemptions: 1.03×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $78.8M | $122.1M | −$43.4M |
| Jun 2026 | $110.6M | $109.8M | $790K |
| May 2026 | $227.7M | $97.8M | $129.9M |
| Apr 2026 | $83.2M | $265.5M | −$182.3M |
| Mar 2026 | $423.2M | $221.6M | $201.6M |
| Feb 2026 | $79.3M | $128.3M | −$49.0M |
| Jan 2026 | $118.4M | $178.3M | −$59.9M |
| Dec 2025 | $135.7M | $127.5M | $8.1M |
| Nov 2025 | $88.9M | $96.1M | −$7.2M |
| Oct 2025 | $115.1M | $122.1M | −$7.0M |
| Sep 2025 | $169.4M | $122.8M | $46.6M |
| Aug 2025 | $115.2M | $102.7M | $12.5M |
PRCEX Assets Under Management
Net assets of Real Estate Securities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $7.03B |
| 2026-04-30 | $6.74B |
| 2026-01-31 | $6.18B |
| 2025-10-31 | $6.18B |
| 2025-07-31 | $6.13B |
| 2025-04-30 | $6.28B |
| 2025-01-31 | $6.32B |
| 2024-10-31 | $6.62B |
| 2024-07-31 | $6.31B |
| 2024-04-30 | $5.49B |
| 2024-01-31 | $5.79B |
| 2023-10-31 | $5.16B |
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.