MUTUAL FUNDS 
Institutional Class: HLRRX
Platform Class: HLPPX
Z Class: HLZZX
LDR Capital Management Real Estate Value-Opportunity Fund may invest in the universe of domestic public real estate securities including all REIT index constituents plus any other opportunity where the majority of the public company’s revenues or intrinsic value is derived from real estate.
LDR Capital Management’ Value, Yield-Advantage investment process is research driven with a primary objective to generate excess returns over a market cycle by purchasing public real estate enterprises at a discount to the private market valuation of the underlying real estate holdings. Current income is the secondary objective, and dividends, if any, are declared and paid quarterly. The strategy is long-biased but may use modest leverage or short positions to enhance or preserve returns.
The Fund paid the following year-end distributions:
| Record Date | 12/26/24 |
| Ex, pay, reinvest | 12/27/24 |
| Income Component | $0.0585 per share |
| Short term cap gain | $0.00 per share |
| Long term cap gain | $0.2754 per share |
| Total | $0.3339 per share |
Mutual fund investing involves risk. Principal loss is possible. The Fund concentrates its investments in the real estate industry, including investments in REITs. Specific risks related to these investments as well as other risks with investing in the Fund should be considered. Please refer to the Fund’s prospectus for additional information on these risks.
The LDR Capital Management Real Estate Value-Opportunity Fund is distributed by Foreside Fund Services, LLC
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