||A REIT (Real Estate Investment Trust) is a company that owns, operates or finances income-producing real estate.
||National Association of Real Estate Investment Trusts
||Earnings Before Interest, Taxes, Depreciation and Amortization.
||Funds From Operation (FFO)
||The most commonly accepted and reported measure of REIT operating performance. Equal to a REIT's net income, excluding gains or losses from sales of property and adding back real estate depreciation.
||Net Asset Value (NAV)
||The "market value" of all a company's assets, including but not limited to its properties, after subtracting the “market value” of all its liabilities and obligations.
||A stock market index that tracks 30 large, publicly-owned blue-chip companies trading on the New York Stock Exchange (NYSE) and Nasdaq.
||A market-capitalization-weighted index of 500 leading publicly traded companies in the U.S.
||The 100 largest, most actively traded U.S companies listed on the Nasdaq stock exchange. Includes sectors such as health care, retail, industrial, technology, biotechnology and others. Does not include financial sectors.
||SEC 30-Day Yield
||The yield is calculated with a standardized formula and represents net investment income earned by a fund over a 30-day period, expressed as an annual percentage rate based on the fund's share price.
||S&P Mid Cap 400
||The S&P Mid Cap 400 is a benchmark index comprised of 400 companies that broadly represent companies with midrange market capitalization between $3.6 billion and $13.1 billion.
||Net operating income (NOI) is a calculation used to measure the profitability of income-generating real estate investments. NOI equals all revenue from the property, minus all reasonably necessary operating expenses.
||Earnings Per Share (EPS)
||Earnings per share (EPS) is calculated as a company's profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company's profitability.
||Basis Point (BPS)
||A basis point is a common unit of measure for interest rates and other percentages in finance. Basis points are typically expressed with the abbreviations bp, bps, or bips. One basis point is equal to 1/100th of 1%, or 0.01%.
||Book value is equal to the cost of carrying an asset on a company's balance sheet, and firms calculate it netting the asset against its accumulated depreciation.
||The practice of temporarily blocking withdrawals from an investment fund