|Last Price$8.61||Day Change (%)-0.92%|
|Open Price$8.69||Day Change ($)-0.08|
|Day Range8.60–8.69||52-Week Range7.64–9.19|
As of Wed 09/17/2014 02:59 PM EST | USD
Five offerings deemed to be right for right now.
While they may not be for every investor, real estate CEFs can fulfill some niches at current valuations.
These three funds have received top marks.
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.
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.
Morningstar's Cara Esser breaks down our Analyst Ratings for closed-end funds and names the CEFs that are worthy of gold status.
A breakdown of the CEF team's analyst ratings by firm, analyst, and Morningstar classification.