A REIT With 6% Yield Looks Enticing

The recent rise in interest rates has had a negative impact on shares of high-yield instruments such as dividend stocks in traditional income paying sectors like utilities over the last month.

Bond mutual funds also had their biggest weekly outflows ($12.53 billion) on record for the week ending June 5. The rate backup has taken its toll on corporate high-yield bond funds as well as a myriad of different high-income real estate investment trusts. I decided to peruse these sectors to see if I could find any solid high-yielding entities that might be worth an investment after this selloff. One unique commercial REIT caught my eye, RAIT Financial Trust (RAS). This interesting, multifaceted commercial real estate company has sold off 10% recently and now offers an over 6% yield....532 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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