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Bluerock Total Income+ Real Estate Fund Announces 35th Consecutive Quarterly Distribution at a 5 25% Annualized Rate
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Bluerock Total Income+ Real Estate Fund Announces 35th Consecutive Quarterly Distribution at a 5 25% Annualized Rate
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Bluerock Total Income+ Real Estate Fund Announces 34th Consecutive Quarterly Distribution at a 5 25% Annualized Rate
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Bluerock Total Income+ Real Estate Fund Announces 33rd Consecutive Quarterly Distribution at a 5 25% Annualized Rate
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NEW YORK, Dec. 14, 2020 /PRNewswire/ Bluerock Total Income+ Real Estate Fund ( TI+, tickers: TIPRX, TIPPX, TIPWX, TIPLX) has paid a fourth quarter distribution of $0.3876 per share, or 1.31% for the quarter, based on the share price of $29.53 (A-shares) for shareholders of record as of December 11, 2020. This distribution amount represents an annualized rate of 5.25% based on the current share price, marking the Fund s 32nd consecutive quarterly distribution. Since inception in 2012, TIPRX has paid $11.79 of distributions to its shareholders. In addition to these quarterly distributions, TIPRX NAV has grown over 18% from $25 to $29.53 per share (as of 12.11.2020). The Fund maintained its 5.25% annual distribution rate throughout a challenging 2020 which we believe is a key feature of the Fund and a testament to the long term historic stability of the institutional real estate asset class, said Jeffrey Schwaber, CEO of Bluerock Capi