PRCEXETF / FundReal Estate Securities Fund
Verdicts genuinely change. Free email alert the moment PRCEX's does — no target price to set, unlike "Alert" above.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
Real Estate Securities Fund · Principal Funds, Inc
44 holdings
NON-COMPLIANT 50.36% of portfolio weight is in non-compliant holdings, over the 5% threshold.
44 holdings, 35 matched (93% of weight). Portfolio as of 2026-07-31, filed 2026-09-25. Source: SEC Form N-PORT.
1.03% of this portfolio’s income is non-permissible — weighted across holdings, computed over 83% of portfolio weight (31 of 44 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.
42.8% compliant 0.0% questionable 50.3% non-compliant 6.9% unscreened
All holdings (44)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| WELL Welltower Inc | COMPLIANT | 10.95% | AAOIFI10.6% Usmani26.7% Dow Jones Islamic15.6% S&P Shariah19.1% MSCI Islamic26.7% MSCI Islamic M-Series19.1% FTSE Shariah26.7% |
| EQIX Equinix Inc | COMPLIANT | 9.36% | AAOIFI20.7% Usmani57.3% Dow Jones Islamic24.8% S&P Shariah26.3% MSCI Islamic51.7% MSCI Islamic M-Series26.3% FTSE Shariah48.4% |
| AMT American Tower Corp | NON_COMPLIANT | 7.45% | AAOIFI52.7% Usmani71.1% Dow Jones Islamic52.4% S&P Shariah52.4% MSCI Islamic71.1% MSCI Islamic M-Series52.4% FTSE Shariah58.8% |
| VTR Ventas Inc | COMPLIANT | 6.12% | AAOIFI28.0% Usmani42.8% Dow Jones Islamic38.5% S&P Shariah45.5% MSCI Islamic42.8% MSCI Islamic M-Series45.5% FTSE Shariah42.8% |
| PLD Prologis Inc | COMPLIANT | 5.63% | AAOIFI25.8% Usmani35.3% Dow Jones Islamic31.2% S&P Shariah32.1% MSCI Islamic35.3% MSCI Islamic M-Series32.1% FTSE Shariah35.3% |
| EXR Extra Space Storage Inc | NON_COMPLIANT | 4.34% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| DLR Digital Realty Trust Inc | COMPLIANT | 3.87% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| AVB AvalonBay Communities Inc | NON_COMPLIANT | 3.36% | AAOIFIfail Usmanifail Dow Jones Islamic— S&P Shariah— MSCI Islamicfail MSCI Islamic M-Series— FTSE Shariahfail |
| AMH American Homes 4 Rent | NON_COMPLIANT | 3.27% | AAOIFI43.9% Usmani39.1% Dow Jones Islamic43.1% S&P Shariah43.1% MSCI Islamic39.1% MSCI Islamic M-Series43.1% FTSE Shariah39.1% |
| SBAC SBA Communications Corp | NON_COMPLIANT | 3.02% | AAOIFI63.3% Usmani108.4% Dow Jones Islamic58.7% S&P Shariah58.5% MSCI Islamic108.4% MSCI Islamic M-Series58.5% FTSE Shariah108.4% |
| ESS Essex Property Trust Inc | NON_COMPLIANT | 3.01% | AAOIFI35.7% Usmani49.5% Dow Jones Islamic37.2% S&P Shariah39.3% MSCI Islamic49.5% MSCI Islamic M-Series39.3% FTSE Shariah49.5% |
| REG Regency Centers Corp | NON_COMPLIANT | 2.68% | AAOIFI36.3% Usmani38.4% Dow Jones Islamic38.6% S&P Shariah41.4% MSCI Islamic38.4% MSCI Islamic M-Series41.4% FTSE Shariah38.4% |
| SBRA Sabra Health Care REIT Inc | NON_COMPLIANT | 2.49% | AAOIFI49.4% Usmani47.6% Dow Jones Islamic61.2% S&P Shariah69.2% MSCI Islamic47.6% MSCI Islamic M-Series69.2% FTSE Shariah47.6% |
| IRM Iron Mountain Inc | NON_COMPLIANT | 2.43% | AAOIFI57.3% Usmani93.4% Dow Jones Islamic66.1% S&P Shariah73.7% MSCI Islamic90.9% MSCI Islamic M-Series73.7% FTSE Shariah79.0% |
| EGP EastGroup Properties Inc | COMPLIANT | 2.16% | AAOIFI15.0% Usmani29.2% Dow Jones Islamic17.6% S&P Shariah18.6% MSCI Islamic29.2% MSCI Islamic M-Series18.6% FTSE Shariah29.2% |
| AHR American Healthcare REIT Inc | COMPLIANT | 2.04% | AAOIFI14.3% Usmani33.6% Dow Jones Islamic22.1% S&P Shariah25.8% MSCI Islamic31.1% MSCI Islamic M-Series25.8% FTSE Shariah31.1% |
| REXR Rexford Industrial Realty Inc | NON_COMPLIANT | 1.96% | AAOIFI39.8% Usmani28.1% Dow Jones Islamic38.3% S&P Shariah36.9% MSCI Islamic28.1% MSCI Islamic M-Series36.9% FTSE Shariah28.1% |
| CUZ Cousins Properties Inc | NON_COMPLIANT | 1.73% | AAOIFI77.9% Usmani41.3% Dow Jones Islamic85.2% S&P Shariah94.4% MSCI Islamic41.3% MSCI Islamic M-Series94.4% FTSE Shariah41.3% |
| SPG Simon Property Group Inc | NON_COMPLIANT | 1.69% | AAOIFI42.4% Usmani72.3% Dow Jones Islamic57.5% S&P Shariah63.8% MSCI Islamic72.3% MSCI Islamic M-Series63.8% FTSE Shariah72.3% |
| ELS Equity LifeStyle Properties Inc | COMPLIANT | 1.64% | AAOIFI27.9% Usmani58.2% Dow Jones Islamic27.8% S&P Shariah28.2% MSCI Islamic58.2% MSCI Islamic M-Series28.2% FTSE Shariah58.2% |
| DOC Healthpeak Properties Inc | NON_COMPLIANT | 1.62% | AAOIFI67.5% Usmani46.3% Dow Jones Islamic80.6% S&P Shariah86.7% MSCI Islamic46.3% MSCI Islamic M-Series86.7% FTSE Shariah46.3% |
| Agree Realty Corp | UNSCREENED | 1.46% | no in-house ratios for this holding |
| NTST NETSTREIT Corp | NON_COMPLIANT | 1.32% | AAOIFI68.1% Usmani46.0% Dow Jones Islamic94.2% S&P Shariah104.2% MSCI Islamic46.0% MSCI Islamic M-Series104.2% FTSE Shariah46.0% |
| IVT InvenTrust Properties Corp | NON_COMPLIANT | 1.28% | AAOIFI43.0% Usmani36.1% Dow Jones Islamic48.9% S&P Shariah54.2% MSCI Islamic36.1% MSCI Islamic M-Series54.2% FTSE Shariah36.1% |
| HLT Hilton Worldwide Holdings Inc | NON_COMPLIANT | 1.24% | AAOIFI20.0% Usmani82.8% Dow Jones Islamic21.8% S&P Shariah23.8% MSCI Islamic82.8% MSCI Islamic M-Series23.8% FTSE Shariah78.8% |
| GLPI Gaming and Leisure Properties Inc | NON_COMPLIANT | 1.24% | AAOIFI66.7% Usmani57.1% Dow Jones Islamic65.1% S&P Shariah68.3% MSCI Islamic57.1% MSCI Islamic M-Series68.3% FTSE Shariah57.1% |
| VNO Vornado Realty Trust | NON_COMPLIANT | 1.19% | AAOIFI35.1% Usmani16.7% Dow Jones Islamic37.5% S&P Shariah41.9% MSCI Islamic16.7% MSCI Islamic M-Series41.9% FTSE Shariah16.7% |
| Brixmor Property Group Inc | UNSCREENED | 1.05% | no in-house ratios for this holding |
| TRNO Terreno Realty Corp | COMPLIANT | 1.00% | AAOIFI13.1% Usmani16.5% Dow Jones Islamic15.2% S&P Shariah16.2% MSCI Islamic16.5% MSCI Islamic M-Series16.2% FTSE Shariah16.5% |
| MAC Macerich Co/The | NON_COMPLIANT | 0.98% | AAOIFI73.6% Usmani56.9% Dow Jones Islamic104.4% S&P Shariah119.9% MSCI Islamic56.9% MSCI Islamic M-Series119.9% FTSE Shariah56.9% |
| Blackstone Digital Infrastructure Trust Inc | UNSCREENED | 0.95% | no in-house ratios for this holding |
| NHI National Health Investors Inc | NON_COMPLIANT | 0.92% | AAOIFI36.6% Usmani43.0% Dow Jones Islamic37.3% S&P Shariah41.8% MSCI Islamic43.0% MSCI Islamic M-Series41.8% FTSE Shariah43.0% |
| Kilroy Realty Corp | UNSCREENED | 0.89% | no in-house ratios for this holding |
| Csquare Inc | UNSCREENED | 0.86% | no in-house ratios for this holding |
| Acadia Realty Trust | UNSCREENED | 0.73% | no in-house ratios for this holding |
| JLL Jones Lang LaSalle Inc | NON_COMPLIANT | 0.67% | AAOIFI18.3% Usmani14.4% Dow Jones Islamic18.3% S&P Shariah20.5% MSCI Islamic14.4% MSCI Islamic M-Series20.5% FTSE Shariah9.4% |
| SMA Smartstop Self Storage REIT Inc | NON_COMPLIANT | 0.66% | AAOIFI58.1% Usmani46.1% Dow Jones Islamic— S&P Shariah— MSCI Islamic46.1% MSCI Islamic M-Series— FTSE Shariah46.1% |
| WY Weyerhaeuser Co | NON_COMPLIANT | 0.64% | AAOIFI31.3% Usmani32.1% Dow Jones Islamic28.8% S&P Shariah27.4% MSCI Islamic32.1% MSCI Islamic M-Series27.4% FTSE Shariah32.1% |
| H Hyatt Hotels Corp | NON_COMPLIANT | 0.59% | AAOIFI27.6% Usmani33.5% Dow Jones Islamic32.3% S&P Shariah33.3% MSCI Islamic33.5% MSCI Islamic M-Series33.3% FTSE Shariah32.0% |
| HLTC National Healthcare Properties Inc | NON_COMPLIANT | 0.56% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariahfail MSCI Islamic0.0% MSCI Islamic M-Seriesfail FTSE Shariah0.0% |
| Americold Realty Trust Inc | UNSCREENED | 0.48% | no in-house ratios for this holding |
| Principal Funds, Inc - Government Money Market Fund - Class R-6 | UNSCREENED | 0.29% | no in-house ratios for this holding |
| Hudson Pacific Properties Inc | UNSCREENED | 0.21% | no in-house ratios for this holding |
| BFS Saul Centers Inc | NON_COMPLIANT | 0.05% | AAOIFI199.6% Usmani74.3% Dow Jones Islamic202.8% S&P Shariah205.7% MSCI Islamic74.3% MSCI Islamic M-Series205.7% FTSE Shariah74.3% |
The published standards disagree about this fund by 38 points of portfolio weight — 39.4% of it passes AAOIFI, 1.3% passes Usmani. Which number is yours depends on which standard you follow.
These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.
ratios pass on 39.4% ratios fail on 43.5% 17.2% not rated under AAOIFI
ratios pass on 1.3% ratios fail on 65.8% 33.0% not rated under Usmani
ratios pass on 33.9% ratios fail on 45.0% 21.2% not rated under Dow Jones Islamic
ratios pass on 33.3% ratios fail on 45.6% 21.2% not rated under S&P Shariah
ratios pass on 17.4% ratios fail on 63.8% 18.9% not rated under MSCI Islamic
ratios pass on 33.9% ratios fail on 45.0% 21.2% not rated under MSCI Islamic M-Series
ratios pass on 18.0% ratios fail on 63.2% 18.9% not rated under FTSE Shariah
35 of 44 listed holdings carry our own per-methodology verdicts (93% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 34 (90% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| AMT American Tower Corp | 7.45% |
| EXR Extra Space Storage Inc | 4.34% |
| AVB AvalonBay Communities Inc | 3.36% |
| AMH American Homes 4 Rent | 3.27% |
| SBAC SBA Communications Corp | 3.02% |
| ESS Essex Property Trust Inc | 3.01% |
| REG Regency Centers Corp | 2.68% |
| SBRA Sabra Health Care REIT Inc | 2.49% |
| IRM Iron Mountain Inc | 2.43% |
| REXR Rexford Industrial Realty Inc | 1.96% |
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Real Estate Securities Fund (PRCEX) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.
Screened on its holdings, not its name
HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A holding it cannot cover far enough is reported as unrated rather than counted as a pass.
| Holding | Weight | Verdict |
|---|---|---|
| WELLWelltower Inc | 10.95% | Compliant |
| EQIXEquinix Inc | 9.36% | Compliant |
| AMTAmerican Tower Corp | 7.45% | Non-compliant |
| VTRVentas Inc | 6.12% | Compliant |
| PLDPrologis Inc | 5.63% | Compliant |
| EXRExtra Space Storage Inc | 4.34% | Non-compliant |
| DLRDigital Realty Trust Inc | 3.87% | Compliant |
| AVBAvalonBay Communities Inc | 3.36% | Non-compliant |
| AMHAmerican Homes 4 Rent | 3.27% | Non-compliant |
| SBACSBA Communications Corp | 3.02% | Non-compliant |
Top 10 of 44 holdings, 57.4% of the fund by weight. Every holding is screened, not only these.
What holds the number back
The positions keeping this fund short of 100% compliant by weight.
- AMTnon-compliant7.45%
- EXRnon-compliant4.34%
- AVBnon-compliant3.36%
- AMHnon-compliant3.27%
- SBACnon-compliant3.02%
- ESSnon-compliant3.01%
What changed, and when
Verdict history for PRCEX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
- 2026-09-07 No change recorded No verdict change for PRCEX has been recorded since tracking began. The scan ledger records that the compliance detectors ran, not which symbols each pass covered.
ℹ️ no compliance scan has run for 2 days - this is not a reading of today
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
This fund prices once a day, so its bars carry no intraday high or low — floor-trader pivots are not defined for it.
Price Forecast
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
Technical Summary
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 61.10 | NEUTRAL |
| Stochastic %K (14) | 100.00 | SELL |
| CCI (20) | 159.40 | SELL |
| Williams %R (14) | 0.00 | SELL |
| MACD (12,26,9) | 0.13 | BUY |
| ROC (10) | 2.37 | BUY |
| Momentum (10) | 0.70 | BUY |
| EMA (10) | 29.80 | BUY |
| SMA (10) | 29.74 | BUY |
| EMA (20) | 29.61 | BUY |
| SMA (20) | 29.44 | BUY |
| EMA (30) | 29.60 | BUY |
| SMA (30) | 29.29 | BUY |
| EMA (50) | 29.73 | BUY |
| SMA (50) | 29.67 | BUY |
| EMA (100) | 29.86 | BUY |
| SMA (100) | 30.33 | SELL |
| EMA (200) | 29.29 | BUY |
| SMA (200) | 29.68 | BUY |
SMC — Top Down
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
Before you act on this
The questions worth asking about any verdict on this page, answered plainly.
Is a fund screened on its name?
No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.
What does unrated weight mean?
It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.
Does the issuer's board make it compliant?
It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.
How often is this re-screened?
When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Compare with
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
AI Summary
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.