Independence Realty Trust, Inc.

Frequently Asked Questions About IRT

What does IRT invest in?

Independence Realty Trust (IRT), publicly traded as NYSE: IRT, operates as a real estate investment trust specializing in owning and managing multifamily apartment communities. Their portfolio is concentrated in non-gateway U.S. markets such as Atlanta, Louisville, Memphis, and Raleigh. The company's strategy involves establishing a strong presence in select, amenity-rich submarkets, which are identified by features like excellent school systems, quality retail establishments, and significant employment hubs. Ultimately, IRT seeks to deliver appealing risk-adjusted returns to its shareholders. This is accomplished through meticulous portfolio oversight, robust operational execution, and a reliable return on capital, generated via both dividend distributions and asset value appreciation.

What is the expense ratio of IRT?

An expense ratio for Independence Realty Trust, Inc. (IRT) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is IRT?

Independence Realty Trust, Inc. (IRT) manages $3.90B 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 IRT actively managed or an index fund?

IRT's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was IRT launched?

Independence Realty Trust, Inc. (IRT) launched in August 2013 and is managed by the fund issuer.

How has IRT performed?

IRT's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.