FTSE Nareit All REITs Index Down 0.1% in April

REIT returns lost ground in April and lagged the broader market, as interest rates and valuation levels both came into play during the month.

The total returns of the FTSE Nareit All REITs Index fell 0.1 percent in April, while the S&P 500 advanced 4.1 percent. The total returns of the FTSE Nareit Mortgage REIT Index rose 1.9 percent in April, while the yield on the 10-year Treasury note rose 0.1 percent.

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