Replies to post #4 on Neuberger Berman Real Estate Leverage CEF (NRO)

[OldAIMGuy]

Hi S, Re: NRO price/share decline...............

It's not just NRO, but all REITs and REIT funds to some degree.

Here's a bunch all in one graphic for recent times:
http://stockcharts.com/freecharts/perf.php?NRO,VNQ,EWRE,WPC,DRW&n=252&O=011000

The pale blue line is DRW an ex-US reit fund. It declined, but had been on a tear before the start of this episode. The others moves almost lockstep to the down side. As you can see they've stabilized in the last month.

Yields are:

Symbol          Current Yield       Price % of 52 Week Range 
 NRO                 9.34%                   37.6% 
 VNQ                 4.68%                   24.8% 
 EWRE                1.78%                   28.7% 
 WPC                 6.42%                   24.2% 
 DRW                 6.64%                   60.8%

There's not very good correlation between yield and depth of decline right now. As you can see some were hurt worse than others but most are at about 25% to 40% of the 52 week price range. Only DRW is better.