Oaktree Real Estate Income Trust Declares August Distributions
August 30, 2021 | James Sprow | Blue Vault
August 2021Â Distributions
On August 30, 2021, Oaktree Real Estate Income Trust, Inc. declared distributions for each class of its common stock in the amount per share set forth below:
Based upon the $10.9475 net asset value per share for Class I shares as of June 30, 2021, the distribution yield for Class I shares is approximately 4.77%. The yield for Class C (NAV: $10.8933) is approximately 4.79%, and the yield for Class S (NAV: $10.8558) is approximately 3.96%, all annualized.Â
The net distributions for each class of common stock (which represents the gross distributions less stockholder servicing fees for the applicable class of common stock) are payable to stockholders of record immediately following the close of business on August 30, 2021 and will be paid on or about September 20, 2021. These distributions will be paid in cash or reinvested in shares of the Company’s common stock for stockholders participating in the Company’s distribution reinvestment plan.
The net changes in distribution rates from July’s distributions were negligible (roughly +$0.0002), as seen below.
July 2021Â Distributions
On July 29, 2021, Oaktree Real Estate Income Trust, Inc. declared distributions for each class of its common stock in the amount per share set forth below:
Source: SEC
