American Century Real Estate Fund Investor Class (REACX)
American Century Real Estate Fund Investor Class operates in the Asset Management industry of the Financial Services sector, headquartered in Kansas City, MO, US. The stock last traded at $28.15, up 0.57% on the session, giving a market capitalisation of $485.4M. Its beta of 0.91 implies it has historically moved less than the broad market.
Under normal market conditions, the fund invests at least 80% of its net assets in equity securities issued by real estate investment trusts (REITs) and other companies engaged in the real estate industry. The portfolio managers look for real estate securities they believe will provide superior returns, focusing on companies with the potential for stock price appreciation, plus sustainable growth of cash flow to investors. The fund is non-diversified.
American Century Real Estate Fund Investor Class is most often compared with the following Financial Services names: