|Last Price$9.13||Day Change (%)0%|
|Open Price$9.11||Day Change ($)0.00|
|Day Range9.09–9.13||52-Week Range7.64–9.19|
As of Mon 07/28/2014 03:00 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.
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.
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.
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.