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We are providing an update on Macerich Company (MAC), a mall REIT that we hold in our Core Portfolio. Included in this report is an update on Forever 21's impact on MAC. We continue to be very bullish on MAC.
Our goal is to find opportunities in the market where we can achieve a high current yield while managing the level of risk we take. Many investors see a high-yield and automatically assume an investment is high-risk. That frequently is not the case.