I have invested in all types of equities, ETFs, and mutual funds, but it wasn't until reading the comments from my Dividend Harvesting series that I became interested in Closed-End Funds [CEF]. It doesn't matter who you are; you
RQI: A 6% Yielding CEF Gem From Cohen & Steers
Summary
- RQI provides investors with an opportunity to invest in a closed-end fund that focuses on a wide variety of real estate investments including equities, corporate bonds, derivatives, and preferred shares.
- Since RQI's inception in 2002, it has provided investors with an annualized return which exceeds 9%.
- RQI has a long track record of rewarding its investors with large distributions without reductions or cuts especially through challenging economic environments.
I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio to have monthly dividend income which grows through dividend reinvestment and yearly increases. Feel free to reach out to me on Seeking Alpha
Analyst’s Disclosure:I am/we are long RQI. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Disclaimer: I am not an investment advisor or professional. This article is my own personal opinion and is not meant to be a recommendation of the purchase or sale of stock. Investors should conduct their own research before investing to see if the companies discussed in this article fit into their portfolio parameters.
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