WMRIX
Wilmington Real Asset Fund
Wilmington Funds
Expense ratio1
0.75%
Net assets2
$435.93M
Holdings2
419
Category
US Equity
2025 return3
12.81%

Investment objective & strategy

As of Aug. 28, 2025 · prospectus

Objective. The Fund seeks to achieve long-term preservation of capital with current income.

Strategy. The Fund, under normal circumstances, invests at least 80% of the value of its net assets in real return assets consisting of (i) global inflation-protected debt securities, (ii) global real-estate related securities, and (iii) commodity/natural resource-related securities. Global inflation-protected debt securities may include foreign government securities. The Fund considers a company to be a real estate company if at least 50% of its assets, gross income or net profits is derived from (i) development, ownership, leasing, financing, construction, management or sale of real estate or (ii) products and services that are related to the real estate industry, such as manufacturers and distributors of building supplies and financial institutions which issue or service mortgages. The Fund will invest in real estate … The Fund, under normal circumstances, invests at least 80% of the value of its net assets in real return assets consisting of (i) global inflation-protected debt securities, (ii) global real-estate related securities, and (iii) commodity/natural resource-related securities. Global inflation-protected debt securities may include foreign government securities. The Fund considers a company to be a real estate company if at least 50% of its assets, gross income or net profits is derived from (i) development, ownership, leasing, financing, construction, management or sale of real estate or (ii) products and services that are related to the real estate industry, such as manufacturers and distributors of building supplies and financial institutions which issue or service mortgages. The Fund will invest in real estate companies, such as real estate investment trusts (REITs) that own property and mortgage REITs that make construction and development loans or invest in mortgage pools, or companies whose products and services relate to the real estate industry. The Fund may invest its assets in equity, debt or convertible securities of companies whose products and services are related to the real estate industry or in securities whose products and services are related to the real estate industry. In order to gain exposure to the commodities markets without investing directly in physical commodities, the Fund can invest in investment companies, exchange traded funds (ETFs), futures contracts, forward currency exchange contracts, currency futures and swap agreements. The Funds anticipated use of futures contracts, forward currency exchange contracts, currency futures and swap agreements may at times be substantial. Wilmington Funds Management Corporation (WFMC or the Advisor) seeks to achieve the Funds investment goal by retaining sub-advisors to manage the Funds assets. The Advisor determines the overall tactical allocation for the Fund, and engages Wilmington Trust Investment Advisors, Inc. (WTIA) as the Funds principal Sub-Advisor, to allocate and reallocate assets of the Fund among the Funds sub-advisors. WTIA may invest directly in cash or cash equivalents and repurchase agreements secured by U.S. Government securities. The Fund may also invest in common stocks, preferred stocks and convertible securities of issuers in commodity-related industries to gain exposure to the commodities markets. The Fund may also invest in master limited partnerships (MLPs) indirectly through other investment vehicles, such as open-end investment companies. Funds principal Sub-Advisor, WTIA, determines the Funds asset allocation among the real return assets. WTIA anticipates allocating approximately up to 80% of the Funds assets in inflation-protected debt securities, up to 80% of the Funds assets in real estate-related securities and up to 60% of the Funds assets in commodity/natural resource-related securities. The allocations and/or actual holdings will vary from time to time. The Fund utilizes a multi-manager strategy in which the principal Sub-Advisor, WTIA, allocates and reallocates varying portions of the Funds assets among sub-advisors, or invests directly (up to 80% of the Funds net assets) in ETFs or other instruments in pursuit of the Funds investment strategies. Subject to the supervision of the Advisor, each sub-advisor acts independently from the others and utilizes its own distinct investment style in buying and selling securities within the constraints of the Funds investment goal, strategies and restrictions. The Fund may invest in securities of small-cap companies and may invest up to 55% of its assets in foreign securities. The Fund may engage in active and frequent trading as part of its principal investment strategy.

Top holdings

As of Jan. 30, 2026 · N-PORT
SecurityTickerValue% of fund
DFA Commodity Strategy Portfolio DCMSX $107.50M 24.66%
Vanguard Commodity Strategy Fund VCMDX $76.84M 17.63%
SCHWAB US REIT ETF MUTUAL FUND SCHH $22.40M 5.14%
VG GLB EX-US R E VNQI US $15.27M 3.50%
Tortoise Energy Infrastructure Total Return Fund TORIX $14.05M 3.22%
DREY-GVT CSH-I MISXX $13.25M 3.04%
WELLTOWER INC $10.82M 2.48%
PROLOGIS INC REIT $10.14M 2.33%
State Street SPDR S&P Global Natural Resources ETF GNR $8.13M 1.87%
EQUINIX INC $6.73M 1.54%
View all holdings →

Allocation by sector

As of January 30, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Oct 31, 2025 → Jan 30, 2026
Opened
11
Exited
15
Increased
70
Decreased
22
Unchanged
317

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight

Advisers

As of April 30, 2025 · N-CEN
FirmRole
Parametric Portfolio Associates, LLC Sub-adviser
Wilmington Funds Management Corporation Adviser
Wilmington Trust Investment Advisors, Inc. Sub-adviser

Footnotes

  1. Expense ratio as of August 28, 2025, from the fund's prospectus.
  2. Net assets and holdings count as of January 30, 2026, from the fund's N-PORT filing.
  3. Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).

Machine-readable: JSON · Markdown. Programmatic access via the agent surface.