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Griffin Institutional Access Real Estate Fund Announces Third Quarter Distribution

Nachrichtenquelle: Business Wire (engl.)
21.09.2021, 04:00  |  229   |   |   

Griffin Capital Company, LLC announced today on behalf of Griffin Institutional Access Real Estate Fund (the “Fund”) a third quarter distribution of $0.363 per Class A share (NASDAQ: GIREX), $0.347 per Class C share (NASDAQ: GCREX), $0.368 per Class I share (NASDAQ: GRIFX), $0.359 per Class L share (NASDAQ: GLREX), and $0.354 per Class M share (NASDAQ: GMREX), or a 5.22% annualized distribution rate. The distribution will be paid on September 24, 2021, to shareholders of record as of September 16, 2021, with an ex-dividend date of September 17, 2021.

Griffin Institutional Access Real Estate Fund’s Class I shares (NASDAQ: GRIFX) generated a positive return of 13.26% year to date through August 31, 2021, capping a trailing one-year period during in which the Fund’s Class I shares (NASDAQ: GRIFX) generated a 16.15% total return. Since inception, the Fund has generated positive returns in 26 of 28 quarters with annualized volatility (standard deviation) of 3.26%.1

1. Performance source: Morningstar Direct.

Past performance is not indicative of future results. Investment return and the principal value of an investment will fluctuate. Shares may be worth more or less than original cost when redeemed. Investing involves risk, including loss of principal. Performance includes reinvestment of distributions and reflects management fees and other expenses. The Fund return does not reflect the deduction of all fees, including any applicable Fund share class sales load, third-party brokerage commissions or third-party investment advisory fees paid by investors to a financial intermediary for brokerage services. If the deduction of such fees was reflected, the performance would be lower. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares. Investing in the Fund involves risks, including the risk that you may receive little or no return on your investment or that you may lose part or all of your investment. The ability of the Fund to achieve its investment objective depends, in part, on the ability of the Adviser to allocate effectively the assets of the Fund among the various securities and investments in which the Fund invests. There can be no assurance that the actual allocations will be effective in achieving the Fund’s investment objective or delivering positive returns. Current performance may be lower or higher than the performance quoted. The most recent performance is available at www.griffincapital.com or by calling 888.926.2688.

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Griffin Institutional Access Real Estate Fund Announces Third Quarter Distribution Griffin Capital Company, LLC announced today on behalf of Griffin Institutional Access Real Estate Fund (the “Fund”) a third quarter distribution of $0.363 per Class A share (NASDAQ: GIREX), $0.347 per Class C share (NASDAQ: GCREX), $0.368 per Class …

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