The prospectus states the Fund seeks attractive current income, with long-term capital appreciation as a secondary objective. It invests at least 80% of net assets in real estate across three strategies: thematically driven stabilized income-oriented property (multifamily, professionally managed single family, industrial, prime single tenant office, select specialty sectors), prime single tenant property on long leases, and real estate debt and preferred equity, plus traded real estate securities such as CMBS. Property is held mainly through joint ventures that use non-recourse property-level debt. Most exposure is in the U.S., with some in Europe and Asia.