I really do hate to brag, but when the rest of the market is roiling like it is right now, investors clamor for security. A well-curated REIT portfolio fits the bill nicely. As such, the S&P closed on July 31 at 2980.38, and closed today at 2874.60, a drop of about 3.5%. ACCRE, on the other hand, is up 1.59% on the month. Indeed, every long position we have was up today, and our short position was slightly down. Go figure….
By the way, a dollar invested in ACCRE at the inception (April 1, 2017) is now worth slightly over $1.60. You’re welcome.