Alpine Global Premier Properties Fund (AMEX:AWP)
CAPS Rating:
Close end exchange traded fund
Close end exchange traded fund
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Recs
This is a Real Estate ETF with a stong dividend. I feel that real estate industry in general is an interesting opportunity. Individual companies can acquire once pricey real estate opportunities for fairly cheap, and allow these to rise in value as the market recovers. It is sort of like buying various stocks in Jan 09; MicroSoft ($19.66), Dell (11.68), Lynn Energy (12.80), and GeoEye (15.68). Then today, all have appreciated considerably because the short termers saw danger, but smart investors could look into the longer term.
This Real Estate ETF can collect investments into many of these real estate companies that are playing the market intelligently so I feel this is a great ETF to sit back and watch rise in value, while collecting a very nice dividend.