| Ticker: | URTLX |
| Manager: | Kay Herr |
| Manager Since: | 03/07 |
| NAV (05/20/2013): | 13.48 |
| Objective: | Equity - Sector Real Est |
| Peer: | RE MB |
| Net Assets ($mil): | 318.18 |
| Inception: | 12/29/1997 |
URTLX : Description
The fund was incepted in December 1997 and is managed by of J.P. Morgan Investment Management Inc. The fund seeks total return through capital appreciation and current income. The fund normally invests at least 80% of assets in equity securities of real estate investment trusts, including REITs with small market capitalizations. The fund distributes dividends quarterly and net capital gains distributions are made annually.
URTLX : Composition - 05/13
| Stocks | 98.54% |
| Foreign Stocks | 0.00% |
| Cash | 1.94% |
| Bonds | 0.00% |
| Foreign Bonds | 0.00% |
| Preferred | 0.00% |
| Convertible | 0.00% |
| Other | -0.48% |
| Foreign Hedged | 0.00% |
URTLX : Style Analysis - 05/13
| Large Growth | 12.83% |
| Large Value | 0.00% |
| Small Growth | 0.00% |
| Small Value | 0.00% |
| Foreign Stock | 12.83% |
| Emerging Market | 0.00% |
| Precious Metals | 0.00% |
| Intermediate Bond | 0.00% |
| High Yield Bond | 20.40% |
| Foreign Bond | 20.09% |
URTLX : Risk Analysis
| Beta v. S&P 500 | 1.07 |
| Beta v. EAFE | 0.05 |
| Beta v. Barclays Agg Bond | 2.32 |
| Alpha 3 Yr | 4.88 |
| Alpha 5 Yr | 1.80 |
| R-Sq 3 Yr | 0.69 |
| R-Sq 5 Yr | 0.67 |
| Std Dev 3 Yr | 17.38 |
| Std Dev 5 Yr | 33.77 |
| Sharpe 3 Yr | 1.08 |
| Sharpe 5 Yr | 0.36 |
URTLX : Fees
| Expense Ratio | 0.78 |
| % Max Load | NA |
| % Min Load | NA |
| % Deferred Load | NA |
| % Redemption | NA |
| % Max 12 B1 Fee | 0.00 |
| % Max Mgt Fee | 0.75 |
URTLX : Purchase Choices:
| Min Initial Investment | 3000000 |
| Min Subsequent Investment | 0 |
URTLX : Returns Analysis - Annual
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | YTD | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NAV ($) | 18.46 | 18.24 | 15.52 | 16.73 | 10.76 | 5.92 | 7.51 | 9.40 | 10.21 | 11.63 | 13.48 |
| Total Return (%) | 33.64 | 32.46 | 15.95 | 34.74 | -14.48 | -42.24 | 32.39 | 28.22 | 10.80 | 16.74 | 13.67 |
| Annual Dividend Yield (%) | 1.37 | 2.51 | 2.59 | 2.49 | 1.60 | 6.32 | 2.83 | 2.06 | 1.85 | 1.79 | 1.80 |
| Relative Performance | |||||||||||
| Rel Performance-S&P500(%) | 49.51 | 215.92 | 110.68 | 189.51 | -199.77 | -52.32 | 59.74 | 131.59 | 87.02 | 7.49 | 9.35 |
| Rel Performance-Obj.Ret.(%) | -25.65 | 6.49 | 45.69 | 20.34 | 16.31 | -14.67 | 6.21 | 48.72 | 102.98 | -56.66 | 15.15 |
| Ret.Quintile vs Obj(1 is best) | 5 | 3 | 1 | 3 | 2 | 3 | 3 | 2 | 1 | 4 | 2 |
| Turnover, Yields, and Gains | |||||||||||
| Fund Assets Net($mil) | 198 | 184 | 184 | 153 | 103 | 86 | 47 | 67 | 243 | 318 | 318 |
| Annual Turnover (%) | 36.00 | 82.00 | 332.00 | 404.00 | 123.00 | 122.00 | 133.00 | 141.00 | 78.00 | 0.00 | |
| Annual Dividend Paid ($) | 0.26 | 0.61 | 0.55 | 0.52 | 0.23 | 0.39 | 0.22 | 0.20 | 0.19 | 0.22 | 0.11 |
| Annual Capital Gains Paid($) | 0.03 | 5.45 | 5.06 | 3.59 | 3.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.00 |
URTLX : Returns Analysis - Trailing Total Return
| 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | 15 Year | 20 Year | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Return (through 05/13) | 7.11% | 10.26% | 17.28% | 13.67% | 16.34% | 17.23% | 5.85% | 12.55% | 10.97% | NA |
| Ret. Percentile vs. Obj. (1 is best) | 15 | 24 | 50 | 24 | 69 | 7 | 34 | 28 | 6 | NA |
URTLX : Stock Portfolio Snapshot - 05/13
| Average Price/Earnings | 31.17 |
| Average Price/Book | 4.11 |
| Average EPS Growth | 31.98 |
| Average Market Value | 12,888.00 |
URTLX : Stock Sector Breakout - 05/13
URTLX : Top Holdings - 05/13
| Name | Weight | Shares |
|---|---|---|
| SIMON PROPERTY GROUP INC | 12.40 | 651,000 |
| HCP INC | 6.30 | 1,116,000 |
| VENTAS INC | 5.84 | 732,000 |
| PUBLIC STORAGE | 5.60 | 318,000 |
| HEALTH CARE REIT INC | 3.37 | 457,000 |
| EQUITY RESIDENTIAL | 4.34 | 625,000 |
| PROLOGIS | 4.02 | 945,000 |
| AVALONBAY COMMUNITIES | 3.85 | 233,000 |
| BOSTON PROPERTIES INC | 4.70 | 365,000 |