Fundrise Income Real Estate Fund, LLC

Data through 2026-06-05 · latest filing N-23C3A filed 2026-06-05

Sponsored by Fundrise. Interval Fund structure focused on private real estate.

Interval FundPrivate Real Estate

Sponsor: Fundrise
CIK: 0001885551
Liquidity: Quarterly repurchase offers at NAV
Inception: 2022

Net assets: $641.6M

source

Monthly portfolio report (Form N-PORT) · filed 2026-05-29 · period 2026-03-31

Net assets (N-PORT Part B, Item B.2)

Method Direct: read from a structured filing field

Open the filing on SEC.gov · Full observation history

Technical locator

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1885551/000188555126000042/xslFormNPORT-P_X01/primary_doc.xml
NAV / share: $10.15

source

Repurchase offer notice (Form N-23c-3) · filed 2026-06-05 · period 2026-06-04

N-23C3A fund-shares NAV sentence — filed class Fund shares

“As of June 4, 2026, the NAV per share of the Fund’s shares was $10.15”

Method Matched text template against the filing

Open the filing on SEC.gov · Full observation history

Technical locator

https://www.sec.gov/Archives/edgar/data/1885551/000121390026065737/ea0293801-01_n23c3a.htm | N-23C3A fund-shares NAV sentence | filed class Fund shares
Net flows, last qtr: +1.1%
Distribution coverage (NII): Pending
Leverage in use: 16%
Total return, 12m: Pending

01 / Signals

What changed in the latest filings.

Current findings ordered by severity. Each observation remains traceable to its filed source.

No current red or yellow flags in filings reviewed through 2026-07-31.

02 / Trends

How the fund has moved.

Net asset value, total return, capital flows, and distribution coverage across the filing record.

NAV per share

Net capital flows, % of NAV

Filed performance

Window	Class	Basis	Return	Source
2025-01-01 to 2025-12-31 fiscal year · annualization not stated	Fund	basis not stated in the filed row Filed return footnote Total returns are calculated using closing Net Asset Value as of December 31, 2025 and are calculated assuming reinvestment of all dividends and distributions.	+8.27%	SEC source 0001885551-26-000015 N-CSR filed 2026-02-26
2024-01-01 to 2024-12-31 fiscal year · annualization not stated	Fund	basis not stated in the filed row Filed return footnote Total returns are calculated using closing Net Asset Value as of December 31, 2024 and are calculated assuming reinvestment of all dividends and distributions.	+8.40%	SEC source 0001435109-25-000079 N-CSR filed 2025-02-26
2023-01-01 to 2023-12-31 fiscal year · annualization not stated	Fund	basis not stated in the filed row Filed return footnote Total returns are calculated using closing Net Asset Value as of December 31, 2023 and are calculated assuming reinvestment of all dividends and distributions.	+7.93%	SEC source 0001435109-24-000073 N-CSR filed 2024-02-27

Figures are reproduced from filed disclosures with their exact window, class, and stated basis. They are separate from the calculated NAV-plus-distributions index and from manager-source monthly returns.

Monthly performance eligibility

Canonical class: Fund shares · basis: no qualifying monthly chain · qualifying history: 0 months.

1y: Pending; 3y: Pending; 5y: Pending Manager-published observations remain distinct from SEC-filed facts and publish only after declared-crawler, robots, class, exact-window, and SEC-precedence gates pass.

03 / Portfolio

What moved inside the book.

Filed portfolio-health facts and position changes. Missing disclosures stay visibly missing.

Pending

04 / Redemptions

Where exit demand met the cap.

Stated cap: 5% of shares/quarter. The disclosed history shows no rationed period.

Not disclosed

05 / Financing

How the balance sheet is funded.

Borrowings, unused capacity, and synthetic exposure are separated so unlike risks do not collapse into one ratio.

Pending

06 / Share classes

How the offering is divided.

A filed share-class breakdown and terms-based role descriptions. This is not an estimate of who owns the fund.

Not attributed 100.0%

Share of total net assets ($641,623,182) as of 2026-03-31; the hatched band is net assets the filings do not attribute to a captured class.

Class	Terms-based role description	Load	Servicing	Minimum	Assets
Fund shares	Pending	Pending	Pending	Pending	Pending

Management fee: 0.85% of avg daily net assets per year, current as of latest filed disclosure. Research only: not used in a fee distribution. SEC source 0001885551-26-000015.

Filed fee conditions

Pursuant to the Investment Management Agreement, and in consideration of the services provided by the Adviser to the Fund, the Adviser is entitled to a management fee (the 'Management Fee') of 0.85% of the Fund's average daily net assets. The Management Fee is calculated and accrued daily and payable monthly in arrears.

Canonical-class fee profile

Class	Management	Incentive	Load	Servicing	Gross expenses	Net expenses
Fund shares	0.85%	None * None. The standardized prospectus fee table contains no incentive/performance-fee line. SEC source 0001104659-23-124321	Pending	Pending	1.96%interest included * Filed label: Including interest expense: Ratio of gross expenses to average net assets; period 2025-12-31. gross expenses; including interest expense; waiver state: before / excluding disclosed support. SEC source 0001885551-26-000015 1.78%interest excluded * Filed label: Excluding interest expense: Ratio of gross expenses to average net assets; period 2025-12-31. gross expenses; excluding interest expense; waiver state: before / excluding disclosed support. SEC source 0001885551-26-000015	1.96%interest included * Filed label: Including interest expense: Ratio of net expenses to average net assets; period 2025-12-31. After waiver: not separately stated; interest: included; tax: not separately stated; incentive compensation: not separately stated; acquired-fund expenses: not separately stated. SEC source 0001885551-26-000015 1.78%interest excluded * Filed label: Excluding interest expense: Ratio of net expenses to average net assets; period 2025-12-31. After waiver: not separately stated; interest: excluded; tax: not separately stated; incentive compensation: not separately stated; acquired-fund expenses: not separately stated. SEC source 0001885551-26-000015

Expense-ratio caution. These are the issuer’s filed figures for the designated analysis class. They are not placed in a fee ranking because denominators and included expenses are not yet normalized across funds. Hover or click * for the filed label, period, components, and SEC source.

07 / Sources

The evidence beneath the page.

Filed terms and recent documents remain available without crowding the primary research flow.

Term register (1)

Term	Description	Value	Effective
advisory_fee_schedule	Pursuant to the Investment Management Agreement, and in consideration of the services provided by the Adviser to the Fund, the Adviser is entitled to a management fee (the 'Management Fee') of 0.85% of the Fund's average daily net assets. The Management Fee is calculated and accrued daily and payable monthly in arrears.	0.85 pct_annual_of_avg_daily_net_assets	Pending

Recent filings

Filed	Form	Accession
2026-06-05	N-23C3A	0001213900-26-065737
2026-05-29	NPORT-P	0001885551-26-000042
2026-02-26	NPORT-P	0001885551-26-000017
2026-02-26	N-CSR	0001885551-26-000015
2026-02-25	N-23C3A	0001213900-26-020264
2025-11-26	N-23C3A	0001213900-25-115346
2025-11-25	NPORT-P	0001885551-25-000040
2025-08-22	N-23C3A	0001213900-25-079796
2025-08-21	NPORT-P	0001885551-25-000009
2025-08-21	N-CSRS	0001435109-25-000252
2025-05-30	N-23C3A	0001213900-25-049223
2025-05-21	NPORT-P	0001752724-25-113744
2025-03-06	N-23C3A	0001839882-25-014200
2025-02-26	NPORT-P	0001752724-25-041122
2025-02-26	N-CSR	0001435109-25-000079