July's alternative investments performance numbers are now available. The alternatives investments currently used with my client's portfolios continued to perform positively. Another month of consistent performance in the private REIT space and a strong come back month for private credit. The following performance is through the end of July.
|Performance||July||Year to Date||Dividend Rate|
|Nuveen Global Cities REIT2||1.14%||8.98%||5.46%|
|Blackstone Private Credit3||1.6%||1.2%||8.3%|
For reference, as of August 24th the S&P is -13.1%, the NASDQ is -20.5%, and the AGG(Bond Index) is -10.21% year to date. The S&P and NASDQ have come off their lows, but the AGG was down over the last month. But these alts have still out paced them by quite a bit on the year. We can talk further if this is a strategy that would help support your overall portfolio construction.
Questions about your portfolio? Let's chat.
This content is developed from sources believed to be providing accurate information. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.