# LDR High Income Realty Fund, Platform Class (HLPPX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/hlppx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 2009-12-22 The investment seeks long-term capital growth and current income. The fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of companies principally engaged in the real estate industry and other real estate related investments. ## Key Facts | Metric | Value | |---|---| | Price | $9.15 | | Expense Ratio | 1.80% | | Assets Under Management | $10.9M | | NAV | $9.15 | | Holdings Count | — | | Distribution Yield (TTM) | 15.33% | | Annual Distribution (TTM) | $1.40 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $8.95 – $10.19 | | Beta | 0.81 | ## Latest Distribution - Amount: $0.2307 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-01 ## Frequently Asked Questions ### What does HLPPX invest in? The investment seeks long-term capital growth and current income. The fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of companies principally engaged in the real estate industry and other real estate related investments. ### What is the expense ratio of HLPPX? LDR High Income Realty Fund, Platform Class (HLPPX) charges an expense ratio of 1.80%. This is the annual fee deducted from fund assets to cover management and operations. ### What is HLPPX's dividend yield? HLPPX's trailing-twelve-month yield is 15.33%, calculated from the sum of dividends over the past year divided by the current price. ### How big is HLPPX? LDR High Income Realty Fund, Platform Class (HLPPX) manages $10.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is HLPPX actively managed or an index fund? HLPPX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (HLPPX's is 1.80%) in exchange for the discretion to over- or under-weight positions. ### When was HLPPX launched? LDR High Income Realty Fund, Platform Class (HLPPX) launched in December 2009 and is managed by the fund issuer. ### Does HLPPX pay a dividend? Yes, LDR High Income Realty Fund, Platform Class (HLPPX) distributes dividends to shareholders. The trailing-twelve-month yield is 15.33%. Full dividend history is on this page. ### How often does HLPPX pay dividends? LDR High Income Realty Fund, Platform Class pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is HLPPX's next ex-dividend date? The most recently announced ex-dividend date for HLPPX was 2026-10-01. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will HLPPX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.80% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does HLPPX charge its expense ratio? The expense ratio is deducted in tiny daily slices from HLPPX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does HLPPX cost more than a fund like VOO? HLPPX is actively managed (current expense ratio 1.80%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether HLPPX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to HLPPX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as HLPPX (1.80%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/hlppx - Distribution history: https://www.dividenddata.com/funds/hlppx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/hlppx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/hlppx/expenses - Peer comparison: https://www.dividenddata.com/funds/hlppx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.