However, ETFs and Cefs are different in terms of fees,
fund transparency and pricing on the open market.
At the center of it all is a little-known
group of investments called closed-end funds(Cefs)- and one fund,
in particular, whose name, dividend and incredible track record I will reveal in a moment.
Both ETFs and Cefs allow an investor to purchase shares of a professionally
managed fund without the need for a large initial investment, and both fund options are traded continuously through an exchange.
Because while the typical S&P 500 stock pays you mainly in capital gains, which, let's be honest,
can be wiped out in a day, Cefs' high dividends mean you get
a big slice of your return in cash.
Cohen & Steers, through RQI and its other real-estate Cefs, pounced, jumping into a market that had seen
prices crash 20% to 60% during the crisis- and because so many investors were shell-shocked by real estate a decade ago,
Cohen & Steers, through RQI and its other real-estate Cefs, pounced, jumping into a market that had seen
prices crash 20% to 60% during the crisis- and because so many investors were shell-shocked by real estate a decade ago, C & S bought with little competition.
Cohen & Steers, through RQI and its other real-estate Cefs, pounced, jumping into a market that had seen
prices crash 20% to 60% during the crisis- and because so many investors were shell-shocked by real estate a decade ago, they C & S bought with little competition.