The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:WSJ Goes Apartment-Hunting With a Mutual Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, February 08, 2011

WSJ Goes Apartment-Hunting With a Mutual Fund

News summary by MFWire's editors

The Wall Street Journal is going apartment hunting with a mutual fund that has reportedly managed to outperform its peers in a tough real-estate environment.

The $1 billion Virtus Real Estate Securities Fund [see profile] managed to outperform the broad stock market over the past year by betting on apartments that were on the rebound from deflated pricing. The fund, which is managed by Geoff Dybas and Frank Haggerty reportedly focuses on real estate where land isn't available for others to build on next door, and where occupancy is expected to rise as the economy recovers.

It has generated a return of 43 percent over the past 12 months through Friday, compared to the Standard & Poor's 500-stock index's total return of 26 percent over that period. It also outperformed the real-estate category's one-year return of 41 percent, according to Morningstar. 

Edited by: Hung Tran

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use