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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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From: Crossy9/15/2010 7:48:45 PM
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Cohen & Steers funds (RNP, RQI) hike payout !

these are leveraged CEV funds (Closed end funds)
RNP (leveraged REIT & preferred) distribution hiked by 50%
RQI (leveraged REIT) distribution hiked by almost 100%

Let's stay tuned for the ensuing price action in RNP and RQI going forward
Message 26824158

Yield in RNP and RQI which I receommended some time ago now shows 9.5%. The discount to NAV should disappear soon - further big capital gains on the horizon. Easy money to me.

Cheers,
CROSSY
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