JPRE - JPRE: Top Pick Of The Actively Managed REIT Funds

2024-02-23 04:31:13 ET

Summary

• JPMorgan Realty Income ETF is an actively managed REIT ETF that has performed well since its inception in 2022.
• JPRE compares favorably to other actively managed REIT ETFs on metrics such as performance and liquidity.
• This article looks at its strategy and its management team.

I recently wrote about Real Estate Select Sector SPDR Fund ETF ( XLRE ) and concluded it is a solid fund to position for what I think will be a good year for REITs. One of my reservations, however, was that its strategy was based on "proprietary “modified market capitalization” methodology," which can be boiled down to simply holding the largest REITs by market cap with variable weightings. This is largely replicated by other passive REIT funds which means there is not much to tell them apart. It also leads to some disappointing dividend yields....

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