I too find it hard to believe no one else is in this, but then again, when you look at the b/a spreads, the liquidity is questionable.
I have been a holder of RDR, then subsequently RIF. I have been in and out a few times, with an average gain of 15%-20% each time. Currently I am for 128 shares (by no means a large holding) but am up 13% and have been steadily climbing each way. I would be willing to load up on this if the spreads were tighter and the volume was a little larger as well. Beside the liquidity issue though, I feel this is the best performing, strongest position in my portfolio.
Good to hear from a fellow investor with RIF. How did you like today's rise? We intend to ride this fund for all it is worth. We also own NRO, another REIT that we stayed with and loaded up on when it hit bottom around 1.50. We now own 5000 shares and are finally starting to see it go up. Good luck to you. retiredafe8