C
ohen & Steers REIT & Preferred Income Fund (RNP) offers a 7.5% yield, combining real estate investments with preferred stocks for diversification. Managed by Cohen & Steers, experts in the field of real estate, RNP has outperformed its sector over the past decade. The fund provides predictable income through a $0.136 monthly dividend per share.

    While interest rate sensitivity and recession pose risks, any pullback that increases RNP's yield to 8% would be a buying signal. This well-run, diversified closed-end fund focuses on consistent income distributions, making it an attractive option for long-term buy-and-hold real estate equity investments.

    I rate Cohen & Steers REIT & Preferred Income Fund (RNP) as a Hold for income investors seeking stable returns. The key factors influencing my opinion are the fund's strong track record and diversified portfolio. As a seasoned investor, I believe RNP is a solid choice for those looking to generate consistent income through real estate investments.

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