Top holdings: As of 6/30/2008 Holding Dollar Value % of Total Portfolio Ventas N/A 6.7 Vornado Realty Trust N/A 5.4 Macerich Co. N/A 4.9 Health Care REIT Inc. N/A 3.9 Mack Cali Realty Corp. N/A 3.4 HCP Inc. N/A 3.4 Nationwide Health Properties N/A 3.2 General Growth Properties Inc. N/A 3.1 Liberty Property Trust N/A 2.9 AvalonBay Communities Inc.
Not bad for a 3.00 stock. My thinking is the new year will be good to RQI
The first half of the new year is going to be very rough for REITs which are a large percentage of the holdings if your six-month-old data is still relevant. Stores are closing, rents are being re-negotiated, REITs are having trouble raising money to pay down debt that is coming due.
After the economy really recovers RQI will make a comeback, I'm sure. It may take a lot longer than we wish.