Real Estate Funds
Real estate funds can provide high income for investors. These real estate funds invest in companies which involve real estate. It may invest in real estate investment trusts (REITs). These equity funds may invest in office buildings, shopping malls, hotels and even self-storage facilities. These funds has higher yield than typical investment fund.Using closed end funds, investor can enhance their performance due to leverage and other investment style. Some funds may invest in preferred stocks, dividend stocks, etc. These CEFs may provide value proposition if the market price is lower than NAV (Net Asset Value).
From this best performing funds list, you may find each individual fund review. You can find the fund performance, expense ratio, and yield or dividend from the table below. The list is sorted based on its year to date performance in 2014 (up to July 2014).
Top 8 real estate closed end funds are:
- Nuveen Real Estate Income
- Cohen & Steers Quality Income Realty
- RMR Real Estate Income Fund
- Cohen & Steers REIT & Preferred
- LMP Real Estate Income
- Neuberger Berman Real Estate Securities
- Principal Real Estate Income Fund
- Cohen & Steers Total Return Realty
Nuveen Real Estate Income Fund (JRS)
Nuveen Real Estate Income fund utilizes its assets to purchase income producing common stocks, preferred stocks and debt securities issued by real estate companies. With total assets of $452 million, this equity fund has a high yield of 7.94%. The fund sponsors are Nuveen Fund Advisors. The current share price is $11.32. The annual expense ratio is 1.83%.More: Top Performing REIT Stock Closed End Funds
Morningstar has ranked this top real estate closed end fund with 3 stars rating. In 2014, the year-to-date is 23.95%. The average 3 year return is 8.49%. There are 78 holdings in its portfolio. You can buy this closed end fund through brokerage with as little as 1 share. Whether it is for your investment account or retirement account, you can use stock broker to purchase this top equity fund.
Top 5 stocks are Simon Property Grop Inc, ProLogis, AvalonBay Communities Inc, Public Storage, and Health Care Property Investors Inc. Top 3 sectors are Retail REIT (30.62%), Office REIT (12.54%), and Residential REIT (10.31%).
Cohen & Steers Quality Income Realty (RQI)
Cohen & Steers Quality Income Realty fund is trading at 10.10% discount from its NAV (Net Asset Value). This fund is popular with investors with $1.8 billion of assets. This REIT fund is managed by Cohen & Steers Capital Management, Inc. The current expense fee is 1.99% per year.With dividend yield of 6.77%, this best real estate fund is ranked with 2 stars rating. The fund performance for the past 5 years is as follows:
- Year 2014: 22.96% (YTD)
- Year 2013: -0.04%
- Year 2012: 28.70%
- Year 2011: 6.12%
- Year 2010: 53.05%
RMR Real Estate Income Fund (RIF)
RMR Real Estate Income Fund is ranked with 4 stars rating by Morningstar. This closed end fund invests mainly in real estate companies. The fund managers are Fernando Diaz, Adam D. Portnoy, and Barry M. Portnoy. It has a high yield of 6.65%.More: Investing in Global Real Estate ETFs
This top real estate fund has returned 15.10% over the past 3 year, and 35.75% over the past 5 year. In 2014, the YTD return is 21.47%. Top 3 stocks in its assets are Ventas Inc, Simon Property Group Inc, and Ashford Hospitality Trust Preferred.
REIT Performance
| No | Fund Name | Ticker | NAV | Yield | YTD Return % |
|---|---|---|---|---|---|
| 1 | Nuveen Real Estate Income | JRS | $11.38 | 7.94% | 24.06% |
| 2 | Cohen & Steers Qty Inc Realty | RQI | $12.57 | 6.75% | 22.96% |
| 3 | RMR Real Estate Income Fund | RIF | $23.43 | 6.65% | 21.47% |
| 4 | Cohen & Steers REIT & Pref | RNP | $20.73 | 7.28% | 19.66% |
| 5 | LMP Real Estate Income | RIT | $13.50 | 6.22% | 18.86% |
| 6 | Neuberger Berman Real Est Sec | NRO | $5.95 | 4.78% | 18.65% |
| 7 | Principal Real Estate Inc Fund | PGZ | $21.36 | 8.80% | 17.16% |
| 8 | Cohen & Steers Tot Ret Realty | RFI | $13.68 | 7.07% | 8.64% |
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