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When REITs Leave, Financial-Sector Funds Could Lose Some Yield

S&P Dow Jones Indices and MSCI are setting up new REIT sectors

Yield-hungry investors could be in for a surprise next month when certain financial-sector funds cut much of their stakes in dividend-heavy real-estate investment trusts, with some experts pegging the possible cut in yield at as much as 0.20%.

The estimated dividend yield for the financial sector based on Aug. 1 data is 2.28%, but that’s expected to fall to 2.08% after real-estate stocks move to their own sector, according to S&P...

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