Specialty-real estate portfolios invest primarily in real-estate investment trusts (REITs) of various types. REITs are companies that develop and manage real-estate properties. There are several different types of REITs, including apartment, factory-outlet, health-care, hotel, industrial, mortgage, office, and shopping center REITs. Some portfolios in this category also invest in real-estate operating companies.
Abbreviation: SR
Broad Asset Class: U.S. Stock
Primary Index: Standard & Poor's 500
Secondary Index: DJ Wilshire REIT