What Are Some High-Performing REIT Funds?


Quick Answer

Some high-performing REIT funds include AvalonBay, National Retail Properties, PennyMac Mortgage Investment Trust and Health Care REIT, states The Motley Fool. REIT funds, or real estate investment trusts, specialize in specific sectors and are for people who do not want to invest directly in property.

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Full Answer

The AvalonBay fund trades under the ticker symbol AVB and invests in apartment buildings in markets with high barriers to entry, states The Motley Fool. This fund focuses on areas where land is scarce and complications make construction difficult. As of 2015, the fund has been available for 20 years and pays a dividend. National Retail Properties trades under the symbol NNN, and its portfolio consists of more than 2,000 properties. Some of its tenants include AMC Theaters, Sun Trust Banks and Best Buy retail outlets.

PennyMac Mortgage Investment Trust trades under the symbol PMT on the New York Stock Exchange, explains The Motley Fool. Its primary investment approach involves focusing on distressed, agency-backed mortgages and purchasing these securities at a considerable discount. By buying at a discount, the fund has more capital available to pay investors in the form of a dividend. Finally, Health Care REIT trades under HCN and owns 1,300 properties, which include senior housing, long-term care facilities and medical offices.

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