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Cohen & Steers Reit and Preferr Message Board

  • ezmoney8 ezmoney8 Dec 24, 2007 10:00 AM Flag

    Fannie Mae redeeming preferred shares

    Some news writers might attribute the rise in RNP's share price to FNM redeemtion.

    RNP at a 14% plus discount to NAV before the market open would more likely be the reason...not to mention a yield north of 12%.

 
RNP
17.28-0.07(-0.40%)Aug 28 4:02 PMEDT