Mutual Fund Insights: CGM Realty Fund (CGMRX)

In-depth Analysis of CGM Realty Fund (CGMRX)

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See CGM Realty Fund (CGMRX) performance details as of February 28, 2010

  

Last Trade: $22.50 on 3/19/2010, Change: -0.31 (-1.36%)

  

Fund Manager - G. Kenneth Heebner

Fund Manager Tenure: 15.9 years
Fundmojo Fund Grade: A+ (Score: 0.83)     (What does this score mean?)

G. Kenneth Heebner is general partner and portfolio manager with Capital Growth Management, instrumental in helping launch the firm in 1990. Previously, G. Kenneth Heebner spent 12 years as the head of the portfolio management group for Loomis Sayles & Company. Heebner also served as vice president with Scudder Stevens and Clark from 1971 to 1976. G. Kenneth Heebner began his career in 1965 as an economist with A & H Kroeger. G. Kenneth Heebner holds the Chartered Financial Analyst designation.  Get more insights on G. Kenneth Heebner

  

 What we like about CGM Realty Fund (CGMRX)

Data for CGM Realty Fund (CGMRX) as of February 28, 2010

• CGM Realty Fund (CGMRX) management has been with CGM Realty Fund for 15.9 years
• CGM Realty Fund (CGMRX) has good mid-term performance (3-year return -2.39% vs -14.95 % Real Estate category average)
• CGM Realty Fund (CGMRX) has good Long-term performance (5-year return 7.64% vs 0.27 % Real Estate category average)
• CGM Realty Fund (CGMRX) ratio of up-years vs down years is greater than 2
• CGM Realty Fund (CGMRX) has a Morningstar rating of 4 and above
• CGM Realty Fund (CGMRX) has a lower management fee than its Real Estate average: 0.93% vs 1.50%
• CGM Realty Fund (CGMRX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about CGM Realty Fund (CGMRX)

Data for CGM Realty Fund (CGMRX) as of February 28, 2010

• CGM Realty Fund is a focused fund with 67.19% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• CGM Realty Fund (CGMRX) has a less-than-ideal short-term performance (1-year return 88.35% vs 94.97 % Real Estate category average)
• CGM Realty Fund (CGMRX) has an annual stock turnover rate of 170.00% that is higher than the Real Estate average of 113.50%. This could mean CGM Realty is more nimble, but also signal potential high tax impact and high trading fees
• CGM Realty Fund (CGMRX) is more volatile than its peers as it has a 3-year Standard Deviation of 39.79 that is higher than category average of 38.88

See CGM Realty Fund (CGMRX) performance details as of February 28, 2010

  

  

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CGM Realty Fund (CGMRX) Net Asset

Track net asset change of CGM Realty fund (CGMRX)

Date	Net Asset
02/2010	$1.26B
01/2010	$1.17B
11/2009	$1.23B

More historic net asset information on CGM Realty Fund (CGMRX)

  

CGM Realty Fund (CGMRX) Portfolio Allocation

Track portfolio allocation change of CGM Realty fund (CGMRX)

Date	Cash	Stock	Bond	Other
09/2009	0.48%	99.52%	0%	0%
06/2009	1.06%	98.94%	0%	0%
04/2009	0%	0%	0%	0%

Click here to see more historic asset allocation information on CGM Realty Fund (CGMRX)

  

Most Recent Top 10 Holdings in CGM Realty Fund (CGMRX)

Discover what CGM Realty Fund (CGMRX) manager is buying

30-Sep-09 ANNALY CAPITAL MANAG [10.59%] DEVELOPERS RLTY [8.26%] FEDERAL RLTY INV TR [7.26%] DIGITAL REALTY TRUST [7.18%] SIMON PPTY GRP INC [6.52%] LASALLE HOTEL PROP [5.73%] ALEXANDRIA RL EST EQ [5.51%] HOST HOTELS & RESORT [5.49%] SOUTHERN COPPER CORP [5.37%] FREEPORT MCMORAN B [5.28%]

30-Jun-09 ANNALY CAPITAL MANAG [12.99%] MACERICH CO [8.9%] FEDERAL RLTY INV TR [8.24%] DIGITAL REALTY TRUST [7.61%] TAUBMAN CENTERS INC [6.93%] SIMON PPTY GRP INC [6.49%] DEVELOPERS RLTY [6.11%] CHIMERA INVESTMENT [5.35%] HOST HOTELS & RESORT [5.1%] ALEXANDRIA RL EST EQ [4.91%]

30-Apr-09 Price/Earnings [0%] N/A [0%] N/A [0%] Median Market Cap [0%] N/A [0%] N/A [0%] N/A [0%]

Click here for Stock Holding Change Map in CGM Realty Fund (CGMRX)

  

Related books and products to CGM Realty Fund (CGMRX)

  

Latest News on CGM Realty (CGMRX)

See what is happening with CGM Realty Fund (CGMRX)

[video] Second Year Bull Market? (at CNBC) Award-Winning Funds: Real Estate (at SmartMoney.com) See more news on CGM Realty Fund (CGMRX)

 

Books and Resources

 

 

See more information on CGM Realty Fund (CGMRX)

• CGM Realty Fund Insights
• CGM Realty Fund Performance Data
• CGM Realty Fund News
• CGM Realty Fund Score Explaination
• CGM Realty Fund Manager Information
• Historic CGM Realty Fund Asset Allocation Report
• Historic CGM Realty Fund Top 10 Holding Tracking
• Historic CGM Realty Fund Asset Under Management Tracking