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Nuveen Real Estate Income Fund (JRS) Message Board

  • seadog72 seadog72 Oct 5, 2010 11:36 AM Flag

    9 % yielder, Steady income, Appreciation

    I would by this one for the dividend alone and with people pulling billions out of equities, the cash has got to be flowing somewhere. REIT's are a good hedge now and although can be cyclical, they are good for the long haul.
    Altho this divi has been chiseled back some, it is still very good income and huge movement from the 50day M/A tells me people are buying.
    For some reason , YAHOO has the dividend still posted incorrectly, it is .88/YR.
    Nuveen released distributions for may CEF's today, not one reduction that I could see. That is good or investors.

10.94-0.15(-1.35%)Oct 26 4:00 PMEDT