Investment Return
Disclosures: Add on bottom
Past performance is not a guarantee of future results.
Returns are compounded monthly. Total return is calculated as the change in monthly NAV (assuming any dividends and distributions, are reinvested in accordance with the Funds dividend reinvestment plan). Returns greater than one year are annualized. The annualized return rate shown is calculated by geometrically linking the previous 12 monthly returns. Returns reflect reinvestments of distributions and are displayed net of fees as borne by investors, such as management fees, incentive fees, professional fees, and other general and administrative expenses. Distributions are paid quarterly and annualized.
Distribution payments are not guaranteed. KDM Capital Partners target quarterly distributions. Distributions are compounded quarterly. The annualized distribution rate shown is calculated by geometrically linking the previous 4 quarterly distributions.
Disclosure: Past performance is no guarantee of future results.
1 KDM Capital Partners, LP Fund launched on June 12th, 2024. June 2024 underperformed due to loan closing occurring End-Of-Month (EOM). Investment performance is shown net of fees. Investment performance returns are presented on an annualized basis, except the first year- actual (non-annualized) return presented. Investment Benchmark is represented by NAREIT MREIT Index. KDM Capital Partners outperformed its benchmark by ~2,200 bps SID over the same period (23.0% vs 1.0%)
2 The FTSE NaREIT Mortgage REITs Index is a free-float adjusted, market capitalization-weighted index of U.S. Mortgage REITs. Mortgage REITs include all tax-qualified REITs with more than 50 percent of total assets invested in mortgage loans or mortgage-backed securities secured by interests in real property. References to any index are for informational purposes only, to show general trends in the markets in the periods indicated and are not intended to imply that the Fund’s portfolio is similar to any such benchmarks in composition, volatility, risk, or performance; KDM does not attempt to track any benchmark and there is no guarantee that KDM will meet or exceed any such benchmark.
3 Returns are compounded monthly. Total return is calculated as the change in monthly NAV (assuming any dividends and distributions, are reinvested in accordance with the Funds dividend reinvestment plan). Returns greater than one year are annualized. Returns reflect reinvestments of distributions and are displayed net of fees as borne by investors, such as management fees, incentive fees, professional fees, and other general and administrative expenses. Distributions are paid quarterly and annualized.