Bluerock Total Income+ Real Estate Fund Announces Record 50th Consecutive Quarterly Distribution

Strategic Insights -

Bluerock Total Income+ Real Estate Fund, one of the world's largest real estate interval funds, has announced a record 50th consecutive quarterly distribution of $0.3369 per share, or 1.3125% for the quarter, based on the share price of $25.67 (A-shares) for shareholders of record as of June 17, 2025. This distribution amount represents a tax-equivalent rate of 7.99% due to the tax-efficient nature of its distributions and an annualized rate of 5.25% based on the current share price.

Key Takeaways:

  • The Bluerock Total Income+ Real Estate Fund has achieved its 50th consecutive quarterly distribution, a milestone in its commitment to providing consistent, tax-efficient income to its shareholders.
  • The Fund's distribution policy is to make quarterly distributions to shareholders, with the level of distributions not fixed but subject to change based on the ordinary income received from the underlying investments.
  • Since inception in 2012, the Fund has paid its shareholders approximately $19.21 per share in total distributions, representing over 75% return on the Fund's initial shareholders' principal investment before taking into account compounding or appreciation related to distribution reinvestment.
  • The Fund's net assets under management are approximately $3.9 billion as of June 17, 2025.
  • The Fund maintains positions in 31 private equity and 6 private debt real estate investments, with underlying assets valued at approximately $343 billion.
  • The Fund's investment advisor has contractually agreed to reduce its fees and/or absorb expenses of the fund, at least until January 31, 2026, to ensure that the net annual fund operating expenses will not exceed 1.95% for Class A shares.

Statistics:

  • October 22, 2012, is the Fund's inception date
  • The Fund's minimum investment is $2,500 ($1,000 for retirement plans) for Class A, C, and L shares and $1,000,000 for Class I shares
  • The Fund's annualized rate of return was 5.25% for the period
  • The tax-equivalent distribution rate is the rate a fully taxable investment needs in order to equal the after-tax rate on a comparable tax-advantaged investment
  • The Fund's total return includes the change in price, reinvested, if applicable, all income and capital gains distributions during the period, and dividing by the starting price

Sources:

  • "Bluerock Total Income+ Real Estate Fund Performance Through 3.31.2025"
  • The Fund's Prospectus
  • The U.S. Securities and Exchange Commission's website at
  • The Company's website at