Access short duration 1st Lien secured commercial real estate (CRE)1 loan in a single ticker – CREMX.
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6-Month Annualized
Distribution Yield2
Disclosure information needed for this section. Disclosure information needed for this section.
Loan Maturity3 (months)
Loan-To-Value4
Fund Name | Redwood Real Estate Income Fund |
Ticker | CREMX (Class I) |
CUSIP | 758067102 |
Inception Date | 6/23/2023 |
Underlying Collateral | Hard Asset Real-Estate |
Fund Structure | 1940-Act Registered Closed-End Fund (Interval Fund) - Taxed as a REIT |
Fund Adviser | Redwood Investment Management, LLC |
Underwriting, Origination, Servicing | Maxim Capital Group, Tryperion Holdings, Churchill Real Estate |
Dividend Frequency | Monthly with reinvestment at NAV Option |
Purchase | Daily |
Withdrawal/ | Up to 5% Quarterly, 20% Annually |
Leverage | Up to 33.33% of overall Fund gross assets (150% Max Gross Exposure) |
Management Fee | 1.75% Annually |
Performance/ | None |
Total Annual Expense Ratio | 2.17% (Includes 0.42% for Other Expenses such as Custody, Accounting, Legal, Tax, Admin, etc.) |
Fund Name | Redwood Real Estate Income Fund | Distribution Period | Monthly with reinvestment at NAV Option |
Ticker | CREMX (Class I) | Purchase/Subscription | Daily |
CUSIP | 758067102 | Withdrawal/Redemption | Up to 5% Quarterly, 20% Annually |
Inception Date | 6/23/2023 | Leverage | Up to 33.33% of overall Fund gross assets (150% Max Gross Exposure) |
Underlying Collateral | Hard Asset Real-Estate | Management Fee | 1.75% Annually |
Fund Structure | 1940-Act Registered Closed-End Fund (Interval Fund) - Taxed as a REIT | Performance/Incentive Fee | None |
Fund Adviser | Redwood Investment Management, LLC | Total Annual Expense Ratio | 2.17% (Includes 0.42% for Other Expenses such as Custody, Accounting, Legal, Tax, Admin, etc.) |
Underwriting, Origination, & Servicing | Maxim Capital Group, Tryperion Holdings |
Buildings represented herein are real estate properties whose loans are held within the Redwood Real Estate Income Fund (for more details and for a copy of the prospectus please visit https://www.redwoodmutualfunds.com/funds/real-estate-income-fund.
The Fund’s objective is to provide investors with access to short-duration private real estate debt managed to a stable NAV with a premium yield over T-Bills.
8.0%
6-Month Annualized Distribution Yield
0.0%
Max Drawdown
Source: Bloomberg, Redwood. Data as of 10/31/2024. Date range 6/23/2023 - 10/31/2024. 6-Month Annualized Distribution Yield is calculated as the distribution for the past 6 months multiplied by 2 (number of 6-month periods in a year) and divided by the NAV per share on 10/31/2024. Depending on when an investor purchased their shares, the annualized distribution yield may be higher or lower. There is no guarantee that investors will receive a distribution.
Private credit currently provides an attractive distribution yield compared to other asset classes, making it an appealing option for income-seeking investors.
8.0%
6-Month Annualized Distribution Yield
10.09%
Average Yield-to-Maturity
Source: Bloomberg, Redwood. Data as of 10/31/2024. Past performance is not indicative of future results. See definitions below for representative indices. 6-Month Annualized Distribution Yield is calculated as the distribution for the past 6 months multiplied by 2 (number of 6-month periods in a year) and divided by the NAV per share on 10/31/2024. Depending on when an investor purchased their shares, the annualized distribution yield may be higher or lower. There is no guarantee that investors will receive a distribution.
Source: Bloomberg, Redwood. Data as of 10/31/2024. Investors should carefully consider the investment objectives, risks, charges and expenses of the Redwood Real Estate Income Fund.
Source: Bloomberg, Redwood. Data as of 10/31/2024. CREMX inception date: 6/23/2023. U.S. Treasury Inflation Protected inception date: 3/1/1997. Investment Grade Aggregate inception date: 1/1/1976. Investment Grade Corporates inception date 1/1/1973. Long Term Treasury inception date: 1/1/1973. Investors should carefully consider the investment objectives, risks, charges and expenses of the Redwood Real Estate Income Fund. See definitions below for representative indices.
2023
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0.14%
0.34%
0.34%
0.57%
0.51%
0.64%
2.60%
2024
0.57%
0.61%
0.71%
0.64%
0.69%
0.73%
0.73%
0.68%
0.63%
0.62%
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Source: Redwood. Data as of 10/31/2024. Past Performance is not Indicative of Future Results.
Class
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CLASS I
25.16
0.00
25.16
25.16