Housing REITs And Special Dividends

Published Sun, 29 Nov 2020 07:57:21 -0500 on Seeking Alpha

Seeking AlphaREITsHousing REITs And Special DividendsNov. 29, 2020 7:57 AM ET|| Includes: ACC, AIV, AMH, AMH.PD, AMH.PE, AMH.PF, AMH.PG, AMH.PH, APTS, AVB, BRG, BRG.PA, BRG.PC, BRG.PD, CLPR, CPT, ELS, EQR, ESS, INVH, IRT, KBWY, MAA, MAA.PI, MORT, NXRT, PFF, SUI, UDR, UMH, UMH.PC, UMH.PD, VNQby: Colorado Wealth Management FundColorado Wealth Management Fund The REIT ForumThe #1 REIT Service Measured By Total ReturnsSummaryHousing REITs are finally generating interest with readers. It’s about time!
We’re laying out several charts for the housing REITs, but the leverage charts for AIV will be off.
What's going on with AIV? A special dividend, a reverse split, and another special dividend will be coming.
The entire situation is pretty confusing for investors, which is precisely why AIV needs to split the company using the second special dividend.
When we get into special dividend situations, we prefer tax-advantaged accounts. Don’t look to us for tax advice, just saying what we prefer.
This research report was produced by The REIT Forum with assistance from REIT Forum Support.
Your feedback on the layout is greatly appreciated in the comments section.
This series emphasizes charts a great deal. You'll get our take on a recent development or something we find interesting in the sector combined with charts to help you evaluate which REITs you may be most interested in.
Emphasizing Total Returns
An emphasis on total returns is what allowed the REIT Forum to outperform.
We compare our performance against four ETFs that investors might use for exposure to our sectors:

Source: The REIT Forum
The four ETFs we use for comparison are:
Ticker
Exposure
MORT
One of the largest mortgage REIT ETFs.
PFF
One of the largest preferred share ETFs.
VNQ
Largest equity REIT ETF.
KBWY
The high-yield equity REIT ETF. Yes, it has been dreadful.

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