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.

“You get more safety and more income as you go up the capital stack,” he said.

News

Real Estate 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.

“You get more safety and more income as you go up the capital stack,” he said.

News