Investors are eagerly awaiting a potential interest rate cut in September, which could benefit the Real Estate sector. The Cohen & Steers Total Return Realty Fund is a CEF with a high total return objective through real estate investments. RFI has shown better performance compared to its top 10 holdings, with a current yield of 8.23% and a slight premium to NAV.
Cohen & Steers Total Return Realty Fund offers exposure to the real estate sector with an attractive yield. The fund's 8.37% yield provides higher income than the index, but it is lower than most of its peers. This may be suitable for investors seeking high income. The Fund's portfolio avoids the troubled commercial office sector, which risk-averse investors should appreciate.