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RLTY: An Attractive REIT Play For Monthly Payouts
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RLTY: An Attractive REIT Play For Monthly Payouts

Seeking Alpha·Nick Ackerman·22 days ago
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Home ETFs and Funds Analysis Closed End Funds Analysis Summary Cohen & Steers Real Estate Opportunities and Income Fund currently trades at an -8.9% discount, offering an 8.54% yield and monthly distributions. RLTY's wide discount and recent NAV outperformance versus sister funds make it the most appealing option among Cohen & Steers' leveraged REIT CEFs. The fund's payout is largely classified as a return of capital, supported by significant capital loss carryforwards, making distributions tax-friendly for taxable accounts. RLTY maintains a 70/30 equity-to-preferred split, with concentrated positions in growth-oriented REITs like WELL, DLR, and AMT, enhancing correlation with sister funds. This idea was discussed in more depth with members of my private investing community, CEF/ETF Income Laboratory.…

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