Fund Manager Highlights Income-Oriented Return of REIT Preferred Stocks
Joel Beam, portfolio manager at Forward Management, joined REIT.com for a video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York. Beam has primary responsibility for day-to-day management of the Forward Select Income fund, which focuses on REIT preferred stocks. Beam said the strong income-oriented return makes the preferred market attractive for investors. …
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