JRS - JRS: High-Yielding REIT CEF With Significant Exposure In Preferreds
2023-03-12 06:47:00 ET
Summary
- Various incentives provided by these securities, especially the preferred, can be helpful for reducing sensitivity towards changes in interest rates.
- JRS' attractiveness relies primarily on its strong 10 percent yield. A strong yield, even if not in the double digits, seems sustainable.
- JRS made steady equity investments in industrial, specialized, and residential REITs and those investments generated strong price growth.
- Despite a high expense ratio and turnover ratio, JRS is one of the safest high-yielding CEF and has been able to generate strong total returns.
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JRS: High-Yielding REIT CEF With Significant Exposure In Preferreds