Performance*

The AFL-CIO Building Investment Trust began operations July 1, 1988, as an open-end, commingled group trust.  Originally investing only real estate-related debt, the BIT's investment strategy has evolved as its assets have grown: first to a balanced debt and equity fund and today a fund investing primarily in equity real estate assets.  

The BIT's principal objectives in making real estate investments is to generate competitive risk-adjusted returns by investing in real estate investments that have the potential to offer current cash return, long-term capital appreciation, or both.

During 29 years of operation, the BIT has established a solid track record of competitive risk-adjusted returns, with an annualized gross return since inception of 7.92%.

The AFL-CIO Building Investment Trust (“BIT”) reported gross and net returns of 1.62% and 1.39%, respectively for the second quarter of 2017. Gross and net returns for the one-year period ended June 30, 2017 were 5.92% and 4.98%, respectively.

 

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 *Performance data shown represents past performance. Past performance does not guarantee future results. Returns presented are calculated gross and net, i.e., before and after deduction of the Trustee Fee. Both gross and net returns are calculated net of fund level expenses, as such expenses are reflected in net unrealized gain (loss). Returns are calculated quarterly on a time -weighted basis using beginning-of-period values and reflects the reinvestment of all income. All returns, with the exception of those for the current quarter, are annualized. Additional information is available in the Investment Memorandum of the BIT or otherwise available upon request.

The Net Asset Value or "NAV" is the value of all investments owned, plus cash, receivables, and other assets minus the sum of BIT's debt on wholly-owned investments and BIT's proportionate share of debt on joint venture investments.