I think the letters REIT are poison in the broader, uninformed marketplace. I think that's part of the explanation. I also think that the SEC filing noted by many posters here for NRO & NRI have taken the wrong perspective on it. I see the filing as a strong positive for the days ahead. 'Course the whole stock market could go to hell in the days ahead too, and our funds will follow the suction down the sinkhole. Question is: When to buy more?
I to think the word REIT is poison.This not a condo in Miami. If they can maintain the divy this will prove to be a great investment a year or two from now.This not one of my big holdings but will buy alittle more during the year staring monday at under $11.00.
.....When to buy more is a problem alright! Bought more this week but it went lower yet! Have a large holding in NRF and what steered me on to NRO was that the Neuberger-Berman Funds own over 8 Million shares of NRF. NRF should be announcing a dividend in next 10 days or so. Like the monthly distribution of NRO but will it increase or decrease with the NRI-NRO merger and the general market at present!