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REITs and MLPs: Look Beyond the GAAP

Investors should consider additional metrics when sizing up real estate investment trusts and master limited partnerships, says Morningstar's Josh Peters.

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Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. I'm joined today by Josh Peters. He is the editor of Morningstar DividendInvestor newsletter and also our director of equity income strategy. We're going to talk today about how investors should think about the adjusted earnings that management teams often report alongside the GAAP earnings.

Josh, thanks for joining me.

Josh Peters, CFA does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.