BDREX seeks to generate a return comprised of both current income and long-term capital appreciation with low-to-moderate volatility and low correlation to the broader markets.
| Top 1 Holdings as of | Type | Weight |
|---|---|---|
| Voya Commercial Mortgage Lending Fund LP | Private Real Estate Fund | 48.8% |
| Class | Symbol | CUSIP |
|---|---|---|
| Class I | BDREX | 11135A201 |
| Class W | BDRWX | 11135A102 |
| Fund | Daily NAV |
|---|---|
|
BDREX
Class I
|
$1.32 |
|
BDRWX
Class W
|
$1.30 |
| Fund | Distribution |
|---|---|
| BDREX Class I |
5.08% |
| BDRWX Class W |
4.83% |
Class I gross expenses are 3.06% and net expenses after fee waiver and reimbursement are 2.40%, Class W gross expenses are 3.31% and net expenses after fee waiver and reimbursement are 2.65%. The Fund’s investment adviser has contractually agreed to reduce its fees and/or absorb expenses of the Fund, at least until February 7, 2022 to ensure that the net annual fund operating expenses will not exceed 1.74% for Class I and 1.99% for Class W, subject to possible recoupment from the Fund in future years. Please review the Fund’s Prospectus for more detail on the expense waiver.