PETDX is a diversified real estate mutual fund that is support to increase in value as interest rates rise. It's handy to invest small dividends and loose change with no trading cost. Try a small position and watch it grow with no effort or thought from you.
By the way .. PETDX pays div's usually every quarter. Last one was 5 cents March 21. Varies quite a bit. Last December i got close to 60 cents including the special end of year div. The only way to play this one is to buy for the long term. Or at least til the end of the year. Rich
I have owned PETDX for years .. it's a winner in my book. I really like the end of year special div's. I think you can buy this fund today.. and never look back. Good long term hold. Like Mr Phil says - there is no cost to buy this one. I have 5% of portfolio in this and am thinking of adding more, as i collect more div's. If you do your DD on stocks & funds. You should agree. If not .. don't buy it.
PETDX Performance from 3/14/13 to 3/28 /13 = Gain of 2.09%. If you think Real Estate on near bottom this fund seems a good bet. For the risk adverse , it's not FDIC insured. I plan to add to my small position.
From the prospectus " Under certain conditions, generally in a market where the value of both real estate
derivatives and fixed income securities are declining, the Fund may
experience substantial losses"
mmichaelr !!! PETDX is not insured by the Government against investment loss. It did go down in the Great Depression of 08. But its a nice little play with a very nice monthly Distribution. If held for a minimum of 60 days there are no trading fees. Ex day is around the 23 of each month.