|Last Price$8.86||Day Change (%)-0.78%|
|Open Price$8.93||Day Change ($)-0.07|
|Day Range8.85–8.95||52-Week Range7.68–9.19|
As of Fri 12/19/2014 03:59 PM EST | USD
While they may not be for every investor, real estate CEFs can fulfill some niches at current valuations.
Five offerings deemed to be right for right now.
Key lessons: Don't overextend, and don't be a landlord without doing some soul-searching first.
Younger investors should eschew common wisdom and look toward these funds for supporting roles.
These three funds have received top marks.
Morningstar's Cara Esser breaks down our Analyst Ratings for closed-end funds and names the CEFs that are worthy of gold status.
Morningstar's Steve Pikelny discusses his closed-end fund ideas for international fixed-income and equity exposure and the advantages for using CEFs in these areas.
A breakdown of the CEF team's analyst ratings by firm, analyst, and Morningstar classification.