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papaone

papaone
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  • What NAREIT Is Missing About Rising Rates [View article]
    Should have noted 'discounts of 10% + OR -
    Jul 30, 2015. 03:25 PM | Likes Like |Link to Comment
  • What NAREIT Is Missing About Rising Rates [View article]
    Maybe. It would seem so. Another thought, REIT closed end funds are selling at things like 1% discount. So, buy the funds where the rate increase appears to baked in already. And thoughts on this thesis?
    Jul 29, 2015. 04:21 PM | Likes Like |Link to Comment
  • RIF: An Index-Like REIT CEF With A Nearly 7% Yield [View article]
    Gregg, this is a good report, however, RNP does better both dividend and price--8.36% Vs 6.86% and over two years RNP has better price activity 2-3%. I also would say C & S are better real estate people?? I am recently long RNP--a dabble. More later when the market is more understood this fall. It is hard to pass up on these huge discounts.
    Jul 28, 2015. 05:36 PM | 1 Like Like |Link to Comment
  • The Millionaires' REITs That Pay Monthly Portfolio [View article]
    hailparn, 2x in what now appears to be a falling market overall is a bit SCARY.
    Jul 28, 2015. 10:38 AM | 1 Like Like |Link to Comment
  • Waiting On The Rest Of The Herd [View article]
    Your data, charts and analysis are way above my learning--and at age 77 I do not know where to go. I am 100% of a sizeable amount in Vanguard HY. To date very little down--to about where VWEAX was last year. The dividend is puny 5%. not worth the risk? But--you make a good case for me to go into cash, yes? REITS? Thank you.
    Jul 26, 2015. 03:41 PM | 1 Like Like |Link to Comment
  • Mid-Year Update: A Look At The High Yield Market [View article]
    You have hit "the nail on the head". Who would have thought 'OUR' government would think up something like you spell out so well?
    Jul 26, 2015. 03:26 PM | 1 Like Like |Link to Comment
  • Nuveen's Real Asset Income And Growth Fund: Possible 25% Total Return In 1 Year [View article]
    Seems we forget that every dollar in income is added to NAV, every dollar of increased portfolio value is added to NAV as it occurs. Every dollar of distribution reduces NAV as it occurs.
    Jul 26, 2015. 11:37 AM | Likes Like |Link to Comment
  • Nuveen's Real Asset Income And Growth Fund: Possible 25% Total Return In 1 Year [View article]
    Tom, this is a very good evaluation since I was near adding JRI--I really respect the fund family. But DRA is now on my list.
    Jul 26, 2015. 11:35 AM | Likes Like |Link to Comment
  • RQI Vs. RFI Is Basically Leverage Vs. No Leverage [View article]
    Gregg, with a what is a huge discount on RQI and others, I can not find a good reason in their financials and holdings. They appear to have a huge realized and unrealized gain on their portfolio--part of the NAV of course. What are your thoughts on the discount here in late July? Thanks for any help, I do plan to go long next week, maybe 1-2K shares.
    Jul 25, 2015. 12:32 PM | Likes Like |Link to Comment
  • DiamondRock Hospitality: A Simple Story Of Strength [View article]
    What is revpar? SA authors more and more are using acronym that many of us individual investors do not know what the mean or measure. Help?
    Jul 25, 2015. 09:28 AM | 1 Like Like |Link to Comment
  • EXG: The Distribution Is Your Return [View article]
    Scott, thanks for the analysis on this buy write fund, EV has a group of them. What does the following mean: standard deviation? Also, STK has better results, but with a technology portfolio to write against. Tec being a bit more volatile.
    Thanks.
    Jul 24, 2015. 05:14 PM | Likes Like |Link to Comment
  • MCI: Telegraphing A Distribution Cut [View article]
    Gregg, being the person asking for your analysis-THANK YOU. You very likely saved me from a costly error. What you found is not all in CEFconnect--the private debt was and that interested me. There are many other places for my $$ right now. REIT funds appear to be very over-sold. Real estate is or should be more secure than financing high yield stuff. I did go long RQI based upon your recent report. Thanks again.
    Jul 23, 2015. 05:49 PM | 1 Like Like |Link to Comment
  • Summit Hotel Properties - Looking For A 40% Dividend Increase [View article]
    Tim, two issues, one, the current yield is 3.4%, very low, if they doubled the dividend--not likely, that is 7% more in line with the risk. I have not looked at their financials such as pay-out rate. Second, looking at their property list the hotels are not in or even near higher class. Though I did use many for business trip due to budget issues. They are in a competitive field and the economy appears close to a significant correction--in my opinion.
    Jul 23, 2015. 05:09 PM | Likes Like |Link to Comment
  • Cohen & Steers REIT And Preferred Income Fund: Not Just A Real Estate Offering [View article]
    philipsonh, I just added 1500 shares as a very small part of my portfolio. This is my first move into equity this year, as you see in other comments, I have remained in Vanguard high yield since last fall. RNP, I like the fund family, I like the big discount to NAV, (also with real estate holdings--NAV is based in cost less depreciation, of course in real estate there is very likely no depreciation rather appreciation. So assets are very undervalued on top of the big price discount.). This look like a good long-term, income producing holding.
    Jul 22, 2015. 04:13 PM | Likes Like |Link to Comment
  • Closed End Funds: Total Return Or NAV Return? [View article]
    For those that may not know, CEFconnect on the web is a very easy to use site and covers the entire field of CEF offerings. I look at 3 year total return on price and NAV for a longer term view, then click on the YTD total return for the same. Easy to pick the current hot funds who also have a longer term good record to match. There are other equally valuable screening criteria that are important.
    Or, investors can just study your research---I do both.
    Jul 21, 2015. 05:54 PM | 2 Likes Like |Link to Comment
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686 Comments
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