Kay Herr and Jason Ko co-manage the JP Morgan Realty Income Fund, which has roughly $450 million under management and looks for current income from equity real-estate investment trusts, or REITs.
“REITs fit on the spectrum between equity and fixed income,” Herr said. “They have the high dividend yield of fixed income, and about two-thirds of income has come from dividend, but on the equity side you… get growth when the leases roll over.”.............................................Full Article: Source
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