NRO NAV is over $9.00 right now. I will stick by my July prediction that NRO will be in the $10.50 to $11.00 range by October. NRO can trade at $8.73 right now and still be at over a 3% discount to NAV - hope many took advantage of the recent buying opportunities instead of listening to the fear mongers.
Let’s not forget that REITs have proven to be the best long-term inflation protection asset class. The biggest inflationary bailout in American history should be helpful ;)