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Monthly-Pay CEF Yields 10.0%, Currently Below Average Discount

Published Wed, 12 Jun 2019 08:15:00 -0400 on Seeking Alpha

Co-produced with PendragonY for High Dividend Opportunities
Introduction
We are pleased to provide an updated report on Aberdeen Global Premier Properties Fund (AWP), a Property REIT CEF that we have been recommending to our investors. The Property REIT sector has been on fire lately, and most REIT CEFs have gone significantly in price. AWP remains very attractively priced, and offers both high yield and upside potential. This is also a defensive CEF that is set to do well during periods of market volatility. AWP can be used in conjunction with two other Proerty REIT CEFs that we like: Cohen & Steers Quality Income Realty Fund (RQI with a yield of 6.9% and Cohen&Steers Total Return Realty Fund (RFI) with a yield of 6.7%. We recently wrote about RQI and RFI in an article HERE.

Source
Property REITs are a Good Buy Today
At High Dividend Opportunities, we have been repositioning our portfolio to prepare for the eventual end of the current bull market. Our primary goal is to find investments that provide a reasonably safe high current income that is should continue during a potential bear market.
In our article entitled, "How To Protect Your Income From Falling Interest Rates?", we advocated a "three-legged" strategy for income investors utilizing preferred shares, bonds, and high-dividend common equities.
To build the common equity leg, one sector we find to be particularly appealing the property REIT sector. As pass-through corporations, REITs... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
COHEN & STEERS TOTAL RETURN REALTY FUND 14.36   0.0 0.00 0.00 6.68
SIMON PROPERTY GROUP 165.27   21.6 7.65 8.20 4.92
REALTY INCOME 73.22   54.6 1.34 2.72 3.70
PROLOGIS 81.53   30.1 2.71 2.12 2.62

COHEN & STEERS TOTAL RETURN REALTY FUND - RFI
COHEN & STEERS TOTAL RETURN REALTY FUND - RFI  


Older articles featuring Cohen & Steers Total Return Realty Fund (RFI):
Resolving The Contradictory Signal Between The Yield Curve And Housing: Watch Corporate Profits
Infrastructure REITs: A Match Made In Low Yield Environment Heaven
Global X SuperDividend REIT ETF: A Solution In Search Of A Problem?
Will Rates/Yields Peak Soon?
Housing History And Why The Yield Curve Got So Flat
Mortgage Rates Head To 6%, 10-Year Yield To 4%, Yield Curve Fails To 'Invert,' And Fed Keeps Hiking
Want To Be A High Yield Landlord? Hop Aboard The REIT Income Train
High Yield Strategy Fails Again
REITs And Homebuilders Retreat As Yields Return To 2018 Highs
Chart Of The Week: U.S. REIT Dividend Yields

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