The Fund Grade · free · no account needed
What grade does REACX get?
Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.
Fundprints Fund Grade · as of 2026-10-01
American Century Real Estate Fund Investor Class
#431 of 500 graded active funds · blend · mid segment peer group
The point · specialist footprint
REACX puts less of its book behind proven specialists than 93% of graded funds.
● Bottom 20%
Bottom 40%
Middle
Top 40%
Top 20%
That has mattered: over the past 2.7 years, funds with this little specialist backing trailed top-rung funds by about 3.8% per quarter and beat the S&P in only 22% of fund-quarters. If it also charges an active fee, the higher-graded alternatives deserve a look.
10,000+ funds tracked · the graded specialists among them drive every read
You pay 1.16% a year for a F.
3 funds in the same segment carry an A. Members see the names and what they charge. See the alternatives →
The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.
REACX vs the Honor Roll · share card ↗Conviction exposure
0%
of the book in specialist-converged names
Late-stage weight
47.2%
of the book in Crowded or Fading names
Active share
98.1%
how far it strays from the index
The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.
Inside the book: top names by stage · as of 2026-10-20
We email you the day it crosses 50% crowded, and where you stand every month.
Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.
The read · what to do with it
REACX grades F, ranking 431 out of 500 funds, with zero specialist backing and a 1.16% annual fee. Nearly half the portfolio sits in late-stage trades, and its five largest positions including PLD and EQIX are all Fading, meaning proven specialists are already walking away. Higher graded peers in this segment exist at lower cost.
→ Watch the combined 28.5% weight in Fading positions like PLD, EQIX, and DLR, as specialist exits there are already underway.
→ Compare the 1.16% fee against the F grade, since three higher graded funds in this same segment are available.
Support leaving these positions
Same family, higher grade
Read from today's disclosed book. Evidence, not advice.