Summary
American Century Real Estate Fund Investor Class is a mutual fund run by American Century. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 33. The ten largest make up 63% of the fund.
- Yearly costs
- 1.16%
- Fund size
- $532.6M
- Positions
- 33
- Dividend yield
- 1.76%
- Running since
- 1995
What speaks for it
- It has been running since 1995.
What to watch
- The ten largest positions make up 63% of the fund, so its result rests on a few names.
- 99% of the fund is in one country (United States).
- High costs: 1.16% a year.
- In the last five years its price once dropped by 43% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +7.3%
- 3 months
- -2.2%
- This year
- +12%
- 1 year
- +8.6%
- 3 years
- +33%
- 5 years
- -18%
- 10 years
- -3.7%
- Avg. market cap
- $67.5B
- P/E
- 39.0x
- Forward P/E
- 41.5x
- P/S
- 7.6x
- P/B
- 2.9x
- P/FCF
- 27.9x
- EV/EBITDA
- 19.2x
- Dividend yield
- 3.11%
- ROIC
- 6.4%
- ROE
- 18.4%
- Gross margin
- 38.3%
- Operating margin
- 25.5%
- Net margin
- 22.9%
- Payout ratio
- 121.5%
- Net debt/EBITDA
- 3.5x
- Beta
- 0.91
Weighted average of the 31 largest companies, which make up 94% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 WEWelltower WELL 13%
- 2 PLPrologis PLD 9.6%
- 3 EQEquinix EQIX 8.1%
- 4 AMAmerican Tower AMT 7.7%
- 5 DLDigital Realty DLR 5.4%
- 6 Vivmark Residential 4.2%
- 7 AHAmerican Healthcare REIT AHR 3.8%
- 8 VTVentas, Inc. VTR 3.7%
- 9 SPSimon Property Group, Inc. SPG 3.6%
- 10 ESEssex Property Trust, Inc. ESS 3.4%
Positions in the fund: 33. The ten largest make up 63% of it.
Composition as of Oct 31, 2026.
Where is it spread?
One countryBy country
- United States 99%
- Other countries 1.5%
By company size
- Large cap 76%
- Mid cap 22%
- Small cap 1.7%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 94% of the fund.
Largest country: United States (99%). Largest size group: Large cap (76%).
What does it cost me?
Expensive- Yearly costs
- 1.16%
- A year from $10,000
- $116
- Over 20 years
- $5,286
From every $10,000 invested the fund takes $116 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $5,286.
How has it done?
Losing value- A year on average, 10 years
- -0.4%
- Deepest drop
- -43%
- Yearly volatility
- 14%
Average yearly decline over the last ten years: 0.4%. Deepest drop in these years: 43% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.76%
- Payments a year
- 4
- Last payment
- $0.18
Over the last 12 months it paid $0.51 per share, which is 1.76% of today's price. The last payment was $0.18 on Sep 8, 2026.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 39.0
- Average Bulios Score
- 64 out of 100
Weight by Bulios Fair Price
- Undervalued 16%
- Fairly valued 19%
- Overvalued 65%
On average the companies inside trade for 39.0 times their yearly profit. By Fair Price, 65% of the rated weight comes out as overvalued.
Counted from its largest companies (31), which make up 94% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
PS PSR Invesco Active U.S. Real Estate ETF | United States | 0.35% | $57.4M | +11% | Pays out | 64% |
TR TRUR VanEck Real Estate TruSector ETF | United States | 0.17% | $244.2K | - | Pays out | 60% |
TG TGRE.TO TD Active Global Real Estate Equity ETF | Canada | 0.73% | $73.0M | +2.7% | Pays out | 59% |
SC SCHH Schwab U.S. REIT ETF | United States | 0.07% | $11.0B | +9.9% | Pays out | 57% |
FR FRI First Trust S&P REIT Index Fund | United States | 0.51% | $201.3M | +11% | Pays out | 56% |
IC ICF iShares Select U.S. REIT ETF | United States | 0.32% | $1.98B | +11% | Pays out | 56% |