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Nuveen Real Estate Income Fund (JRS) Message Board

  • barbkel1 barbkel1 Jul 3, 2008 10:31 AM Flag

    Why are down the last 30 days???

    Any reasons?

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    • Hard to put your finger on one reason. i'd say several
      1.the underlying reits are under pressure, so the nav of jrs follows them down, and people holding jrs overreact--or just want to step aside.
      2.when they stopped montlhy distributions i for one sold it--i occasionally swing trade it but will not hold-- the 3% quarterly jump as it goes ex-div is a bit much.'s so thinly traded whenever one heavy investor wants out it drops a buck or more. (and often offers a good swing trade if you're patient). i'm accumulating it now under 14.5---with a 14% div and -4% discount it looks a lot better than most investments.

10.07+0.14(+1.41%)Oct 2 4:04 PMEDT