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REITs Are Sending A Powerful Buy Signal

TedTed
in Fund Discussions
FYI: Real estate investment trusts, or REITs, are best viewed as stock/bond hybrids, since their valuations are sensitive to both interest rates and the economy. REIT shares badly trailed the Standard & Poor’s 500 index in the past year as the bond market fell, lifting the yield on the 10-year Treasury to 2.9% from 2.5%. As a result, REITs now could be flashing one of their strongest buy signals in years.
Regards,
Ted
http://www.cetusnews.com/business/REITs-Are-Sending-a-Powerful-Buy-Signal.rysN_NHvG.html

Comments

  • PRESSmUPPRESSmUP
    If someone is looking to build an income stream for retirement, REITs are a really good option...and they're on sale.
  • Old_Skeet
    edited February 2018
    The real estate fund that I own (FRINX) currently has a yield of 4.12%. Seems, real estate funds along with most utility funds have been hammered on late in this rising interest rate environment. If I were to add a utility fund for income it would be FKUTX. In addition, I like and own PGUAX which is an infrastructure fund. It kicks off a reasonable income stream as well; but, back of FRINX and FKUTX.
  • davidrmorandavidrmoran
    Hope this does something for FRIFX; just check its performance since December.
  • TedTed
    edited February 2018
    @MFO Members: The Linkster go to REITs are, CIM-A and CIM. I bought CIM on 6/16/15 @$14.55 per share, yielding13.73%, and CIM-A preferred on 11/28/16 @$24.62 per share, yielding 8.1% . APO was purchased on 3/14/17 @$23.50 per share, yielding 8.7%
    Regards,
    Ted
    CIM Website:
    http://www.cimgroup.com/index.html

    APO Website:
    http://ir.agm.com/phoenix.zhtml?c=214560&p=irol-IRHome
  • MarkMark
    Own a bunch of individual REIT's along with RQI. Not worried or concerned unless one cuts their dividend.
  • CrashCrash
    edited February 2018
    I was in TRP Global REIT TRGRX and then domestic REIT, TRREX. They sucked. I've been watching some specific REIT stocks, but at this point, I'll let my fund managers decide where and when and how much to put into REITS. I like my bond fund choices, and plan to get monthly income from them, when the time comes.
  • slick
    @Old_skeet I've owned the advisor shares version of the Franklin fund over 5 years, it is a nice fund. Bought it while at ML. Been toying with reducing that one plus VPU which I hold in another portfolio with interest rates rising as ive been slightly overweight in that sector anyway. Will wait a bit more but if I needed cash for a spiff where I would go.
  • PRESSmUPPRESSmUP
    A utility CEF I've got in my "post-correction" watch-list folder is Reeves Utility Income, UTG.

    Anyone have thoughts or experience with this?

  • MarkMark
    FWIW I use UTG as my utility holding for the income mainly but also because I have trouble deciding which individual stock(s) to hold. The recent rights offering played havoc with the NAV and share price but I expect an eventual rebound to their normal operations. Reeves has more tools at their disposal and have been doing this successfully for a lot longer than I have.
  • MrRufflesMrRuffles
    @Ted
    Since CIM is Chimera Investments, not CIM Group, shouldn’t the website be this: http://www.chimerareit.com?
  • TedTed
    @MrRuffles: Thank you, I think I will put you in my will and leave my 100,000 shares of PEP to you.
    Regards,
    Ted:)
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