VNQ - Earn Up To 14% Dividend Yield From REIT CEFs
2024-02-15 07:15:00 ET
Summary
- REIT closed-end funds, or CEFs, are offering historically high dividend yields.
- Some yield as much as 14% right now.
- Is this an opportunity? We highlight various REIT CEFs and explain which is our favorite today.
Co-produced by Austin Rogers.
Some of our readers have expressed an interest in real estate closed-end funds, or "CEFs," after seeing that they have sold off anywhere from 30% to over 50% since the beginning of 2022.
Real estate CEFs have underperformed the unleveraged exchange-traded fund ("ETF") that basically acts as the real estate investment trust, or REIT, standard (the Vanguard Real Estate Index Fund ETF Shares ( VNQ )) to varying degrees....
Earn Up To 14% Dividend Yield From REIT CEFs