Form 4: Bluerock Total Income (plus) Real Estate Fund Trustee Acquires Shares

A trustee of Bluerock Total Income (plus) Real Estate Fund acquired shares as part of their compensation plan.

Summary

• I. Bobby Majumder, a trustee of Bluerock Total Income (plus) Real Estate Fund, acquired 186.6368 shares of Class I stock on December 31, 2024.
• The shares were acquired at a price of $26.79 per share.
• This acquisition is part of the trustee's compensation plan, which provides $5,000 worth of Class I shares per quarter, or $20,000 annually.
• Following the transaction, the trustee directly owns 2,936.478 shares.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to trustee compensation, which is generally viewed neutrally to slightly positive as it aligns interests. There is no indication of any negative or unexpected events.

Positives

• The acquisition of shares by a trustee demonstrates alignment of interests with shareholders.
• The compensation plan provides a consistent method of rewarding trustees.

Industry Context

This is a routine transaction related to trustee compensation, which is common in the real estate investment fund industry.

Comparison to Industry Standards

• Trustee compensation in the form of shares is a common practice in the real estate investment trust (REIT) and fund industry.
• Many REITs and funds use similar compensation structures to align the interests of trustees with those of shareholders.
• The specific amount of compensation varies based on the size and complexity of the fund, but the principle of equity-based compensation is widely adopted.

Stakeholder Impact

• The share acquisition by the trustee aligns their interests with those of shareholders.
• The compensation plan ensures that trustees are incentivized to act in the best interests of the fund.

Key Dates

Keywords

Bluerock Total Income (plus) Real Estate Fund, Trustee, Share Acquisition, Class I Shares, Compensation Plan, Form 4, Beneficial Ownership