SPDR Dow Jones Global Real Estate
For those investors looking to simplify their U.S. and international real estate holdings into one ticker, the SPDR Dow Jones Global Real Estate (RWO) is the answer. The fund holds both domestic and international real estate firms, roughly split at 50-50. This provides a balanced approach to REIT investing.
It also provides a balanced yield. The fund’s current distribution falls in the middle of the pack at an average of 4.71%. However, that number has swung wildly quarter to quarter as international firms tend to pay dividends just twice a year, with the larger payment coming in December.
Nonetheless, RWO’s 0.50% in expenses and dual U.S./International focus could make it a prime pick for investors wanting some taste of the foreign real estate.
As of this writing, Aaron Levitt did not hold a position in any of the aforementioned securities.