Fund Overview
Learn about the Fund and how it can help diversify the traditional 60/40 portfolio.
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Open-air shopping district in Honolulu, HI Royal Hawaiian Center Component asset of the NFI-ODCE Index—tracked by the Accordant ODCE Index Fund.
Accordant ODCE Index Fund
Accordant ODCE Index Fund
The “Core” Strategy for Every Portfolio
Through proprietary technology, the Accordant ODCE Index Fund is the first and only1 private real estate interval fund employing an indexing strategy to track the NFI-ODCE Index. The NFI-ODCE Index is the benchmark used by major institutions for over 40 years to measure the performance of “core” private real estate assets. These assets, generally defined as high quality, stabilized properties with high occupancy in top U.S. metros, are positioned to deliver steady, consistent income, while capturing the benefits of natural market appreciation.
Available on Leading Platforms
The Benchmark
NFI-ODCE Index – The Benchmark for Private Real Estate
The NFI-ODCE Index (Open-End Diversified Core Equity) is the gold standard by which to measure the health and performance of the core private real estate market for over 40 years—likened to the S&P 500 of real estate. The index features:
25
Open-Ended Funds
3,731
Properties
$279B
Gross Asset Value
90%
Avg. Occupancy
27%
Avg. Leverage
Fund Structure and Terms
Structure
Non-Diversified, Closed-End Interval Fund
Investment Adviser
Accordant Investments LLC
Investment Sub-Adviser
IDR Investment Management, LLC
NAV Frequency
Daily
Liquidity Provisions*
Quarterly Share Repurchase Program
Lock-up Period**
None
Return Objective
Seeks to track the NFI-ODCE Index on a net-of-fee basis while minimizing tracking error
Management Fee
60 bps of NAV annually
Minimum Investment***
$2,500 – A Share; $500,000 – I Share; $50,000,000 – Y Share (minimum investment may be waived with Adviser approval)
Tax Reporting
Form 1099
Due Diligence Materials
- Class I: ODCEX
- Class A: ODCAX
- Class Y: ODCYX
Fact Sheet - Class I
Get the latest updates on the Fund with our quarterly fact sheet.
DownloadAnnual Report | 6.30.2025
Read for an in-depth discussion of the real estate outlook and performance.
DownloadNFI-ODCE Performance Drivers Report
Understand the latest factors driving performance of the NFI-ODCE Index.
DownloadProspectus – Class I Shares
Understand the Fund's objectives, fees, management policies, and more.
DownloadStatement of Additional Information
Read the SAI for more on the operations and strategies of the Fund.
DownloadRepurchase & Distribution Calendar 2025
View distribution and repurchase schedules.
DownloadRepurchase & Distribution Calendar 2026
View distribution and repurchase schedules.
Download19A Notice – September 2024
Read for detail on the Fund's quarterly dividend.
Download19A Notice – June 2024
Read for detail on the Fund's quarterly dividend.
Download19A Notice – March 2024
Read for detail on the Fund's quarterly dividend.
Download19A Notice – December 2023
Read for detail on the Fund's quarterly dividend.
Download19A Notice – September 2023
Read for detail on the Fund's quarterly dividend.
DownloadNew Account Application
Complete to invest in shares of common stock of the Accordant ODCE Index Fund.
DownloadAdditional Investment Account Application
Complete to purchase additional shares.
DownloadAccount Update Form
Complete to request an update to your account information.
DownloadAutomatic Investment Plan Enrollment Form
Schedule periodic, automatic investments.
DownloadTransfer and Assignment of Shares Form
Complete to transfer shares.
DownloadTransfer on Death Form
Complete to designate a request for transfer to beneficiaries in event of death.
DownloadLearn more about the Fund
Speak with our team
Footnotes
All data as of 3/31/2025 unless otherwise stated.
As of July 2025, the Accordant ODCE Index Fund is the only available private real estate indexing strategy according to Interval Fund Tracker.