2024-07-07 09:15:00 ET
Summary
- Investors are eagerly awaiting a potential interest rate cut in September, which could benefit the Real Estate sector.
- The Cohen & Steers Total Return Realty Fund is a CEF with a high total return objective through real estate investments.
- RFI has shown better performance compared to its top 10 holdings, with a current yield of 8.23% and a slight premium to NAV.
When will interest rates come down? That's the million-dollar question that's been on the minds of US investors for quite some time. We began 2024 with the idea that the Fed would begin dropping its rate in June, but that never happened. Now the spotlight is on September....
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RFI: 8% Yield, Monthly Paying High-Income Opportunity In The Real Estate Sector