Apollo Diversified Real Estate Fund

APOLLO DIVERSIFIED REAL ESTATE FUND

Actively managed U.S. alternative closed-end fund
$3.26B NAV
96 positions · as of 2026-06-30 · filed 2026-08-27

Fund classification

Classified from what the fund holds · as of 2026 Q2

Apollo Diversified Real Estate Fund is an actively managed U.S. alternative closed-end fund. 33% of Apollo Diversified Real Estate Fund’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 100% of the fund’s equity).

Asset class
Alternative
Region
United States
Management
Actively managed
Fund type
Closed-end fund
Features
Interval fund

Fund profile

This fund files no prospectus profile. Unit investment trusts and closed-end funds register on forms that carry no objective or fee tagging, and some fund families file without it — a gap in what was filed, not a fund without an objective or without fees.

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

103.59%
of net assets
Real assets71.65%
Stocks25.97%
Securitized5.12%
Loans0.61%
2 smaller0.24%

Look-through blends 1 underlying fund; 0.0% of NAV was not looked through and stays direct-classified.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Other69.8%
Real Estate22.6%
Securitized4.9%
Consumer Discretionary2.0%
2 smaller0.7%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
33%of stock holdings in top-quartile growers
covering 100% of the fund’s equity
Earnings growth
45%of stock holdings in top-quartile growers
covering 85% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 3 new24 exited

Largest new: Yucca Growth Infrastructure, LLC ×2, CORZ

Largest exited: Bsprt Issuer, Ltd., Global Net Lease Inc, Vornado Realty Trust ×2, Sl Green Realty Corp, Epr Properties, Digitalbridge Group Inc, Saul Centers Inc

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30

Avg coupon
4.79%
Avg maturity
10.32 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

98%
floating
Floating rate97.9%
Fixed rate2.1%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y10y+
<1y10.7%
3-5y38.4%
5-10y0.5%
10y+50.4%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: none reported

Based on what filers reported; a filer that never reported a flag also reads as none.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
N/A7.98%$259.85M
N/A6.73%$219.05M
N/A5.30%$172.58M
Realty Income U.S. Core Plus Fund, L.P.4.47%$145.59M
N/A4.32%$140.66M
N/A4.03%$131.09M
N/A3.71%$120.86M
N/A3.59%$116.75M
N/A3.54%$115.14M
N/A3.44%$112.08M
Showing 10 of 96Sign in to see more

Top 10 positions are 47.10% of net assets, top 25 76.13%, across 61 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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