|
Overall Morningstar
Rating™ |
| What is this? |
 |
 |
| As of 2009-10-31 |
|
Out of
Real Estate Funds |
|
| Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance. |
|
|
|
Morningstar®
Style Box™ |
| What is this? |
|
 |
|
Medium |
|
|
Value |
|
|
|
|
|
|
|
|
| As of
2009-10-31 |
|
|
| Day Change |
| $ -0.03 |
|
|
| NAV (2009-11-20) |
| $ 6.05 |
|
|
| YTD Return % (2009-11-20) |
| 26.26% |
|
|
| Total Assets ($ mil) |
| 16 |
|
| Growth of $10,000 |
 |
Fund: |
Managers Real Estate Securities |
| (from
1999-01-01
to 2009-10-31) |
 |
Category: |
Real Estate |
|
 |
Index: |
S&P 500 TR |
| Total Annualized Returns % |
1yr, 3yr and 5yr Returns as of 2009-11-20 |
| Inception date: 1997-12-31 |
10yr and Inception Returns as of 2009-10-31 |
|
YTD Returns as of 2009-11-20 |
|
|
YTD |
1 Year |
3 Year |
5 Year |
10 Year |
Since Inception |
| Fund |
26.26 |
94.18 |
-11.71 |
2.29 |
8.76 |
5.48 |
| +/- Category |
11.01 |
91.36 |
4.64 |
3.83 |
0.21 |
--- |
| +/- S&P 500 TR |
2.74 |
45.38 |
-5.81 |
1.61 |
--- |
--- |
|
|
| Standardized Annual Returns % more on standardized returns |
| Quarter-End (as of
2009-09-30) |
23.96 |
-23.07 |
-9.85 |
3.36 |
8.79 |
5.92 |
| Month-End (as of 2009-10-31) |
18.54 |
5.77 |
-12.96 |
1.34 |
8.76 |
5.48 |
|
|
| After Tax Returns % (as of
2009-09-30
)
|
| On Distribution |
--- |
4.56 |
-15.72 |
-1.94 |
6.02 |
--- |
| On Distribution & Sale of Shares |
--- |
3.58 |
-10.76 |
0.83 |
6.88 |
--- |
|
|
| Morningstar Rating |
--- |
--- |
 |
|
 |
--- |
|
| # of compared funds covered (3 yrs : out of 232 funds), (5 yrs : out of 204 funds), (10 yrs : out of 99 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is
none,
the maximum deferred sales fee is
none,
and the maximum redemption sales fee is
none. |
|
| The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein. |
|
|
|
|
| Sector Breakdown % |
|
 |
Information |
2.12 |
 |
Software |
0.00 |
 |
Hardware |
0.00 |
 |
Media |
0.00 |
 |
Telecommunications |
2.12 |
|
|
|
 |
Service |
97.88 |
 |
Healthcare |
0.00 |
 |
Consumer Services |
0.00 |
 |
Business Services |
0.00 |
 |
Financial Services |
97.88 |
|
|
|
 |
Manufacturing |
0.00 |
 |
Consumer Goods |
0.00 |
 |
Industrial Materials |
0.00 |
 |
Energy |
0.00 |
 |
Utilities |
0.00 |
|
|
|
|
| |
|
|
| Asset Allocation |
|
 |
|
| % of Net Assets |
 |
Cash |
0.0 |
 |
Stocks |
100.0 |
|
Bonds |
0.0 |
 |
Other |
0.0 |
|
|
|
Foreign Stocks |
0.0 |
|
(as a % of Assets) |
|
|
| Data through 2009-10-31 |
Data through 2009-10-31 |
 |
| Holding Status |
|
| Total Number of Stock Holdings |
46 |
|
Turnover % |
127 |
| Total Number of Bond Holdings |
0 |
|
30 Day SEC Yield % |
--- |
| % of Assets in Top 10 Holdings |
47.98 |
|
ending as of
2009-09-30 |
|
|
|
|
View Data Definitions |
| Top 10 Holdings |
Sector |
P/E |
YTD
Return % |
% of Net
Assets |
|
|
|
|
|
|
 |
Simon Property Group, Inc. |
|
28.41 |
40.50 |
7.74 |
|
Public Storage |
|
18.94 |
0.94 |
6.85 |
 |
Boston Properties, Inc. |
|
53.48 |
22.15 |
6.03 |
|
Vornado Realty Trust |
|
52.08 |
21.25 |
5.31 |
|
Equity Residential |
|
--- |
11.51 |
4.76 |
|
 |
|
Ventas, Inc. |
|
25.84 |
28.92 |
3.73 |
|
ProLogis Trust |
|
--- |
0.79 |
3.62 |
|
Essex Property Trust |
|
35.84 |
5.73 |
3.43 |
|
HCP, Inc. |
|
36.10 |
14.76 |
3.27 |
|
Brandywine Realty Trust |
|
109.89 |
37.22 |
3.24 |
|
|
 |
Data through 2009-10-31 |
|
| YTD Return through 2009-11-20 |
|
|
| Fund Inception: 1997-12-31 |
|
Portfolio Manager (Start Date) |
|
|
|
|
|
Todd Briddell (2004-03-26) |
|
|
|
Briddell co-founded Urdang Securities Management in 1995. He has more than 13 years of real estate industry experience.
Briddell holds the Chartered Financial Analyst designation. |
|
|
|
|
|
Dean Frankel (2004-03-26) |
|
|
|
Frankel joined Urdang Securities Management in 1997 and is a vice president and senior securities analyst. He manages the firm's proprietary research effort and oversees the firm's trading activities.
Frankel holds the Chartered Financial Analyst designation. |
|
|
|
|
|
Eric Rothman (2006-12-31) |
|
|
|
Mr. Rothman serves as the Portfolio Manager helping direct Urdang's U.S. REIT Strategy. He joined Urdang in 2006. Mr. Rothman supports the Senior Portfolio Manager with market research, sector allocations, and real estate securities analysis. Additionally, he has primary coverage responsibility for the lodging, self storage, and retail sectors. Mr. Rothman has over eleven yeras of REIT and real estate investment experience including more than six years as a sell-side REIT analyst at Wachovia Securities and three years as an analyst at AEW Capital Management, LP. Mr. Rothman graduated Cum Laude from Boston University with a B.A. in Economics, International Relations and French. |
|
|
|
|
Sales Charge %
(taken from prospectus dated 2009-03-01) |
| Front: |
None |
| Deferred: |
None |
|
| Expense Ratio % |
1.48 |
based on net assets
(taken from annual report dated 2008-10-31)
|
|
| Correspondence Information |
800 Connecticut Avenue
Norwalk,
CT
06854
USA |
|
|
|
| Telephone: |
| 800-548-4539 |
| 202-551-8090 |
|
|
