When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
PSALL - The Coronavirus Exposes REIT CEFs - Why You Shouldn't Invest
Public Storage
At High Yield Landlord, we discuss the pros and cons of REIT closed-end funds in our Course to REIT Investing. In short, they allow investors to:
Gain diversified exposure to REITs.
Enjoy professional management.
Earn a superior yield to most ETFs.
However, there also are many downsides to REIT CEFs. Most importantly:
They charge high fees.
They use excessive leverage.
And more often than not, they "closet index," which means that they claim to be actively managed, but in reality, own a very similar portfolio as the benchmark. It lowers career risk for managers because