RFI: Similar Yield To Other Cohen & Steers REIT CEFs, Yet At Lower Risk
CNSCohen & Steers(CNS) Seeking Alpha·2024-04-21 18:48

Richard Drury/DigitalVision via Getty Images Cohen & Steers Total Return Realty (NYSE:RFI) is one of the oldest real estate focused closed end funds, which is managed by the Cohen & Steers group. At its core, RFI seeks to deliver strong total returns by investing in various real estate securities, with a clear focus on equity REITs. Besides the investments in REITs, RFI has circa 19% of its asset base placed in preferred shares and fixed income securities that nicely enhance the yield profile of this CEF. W ...