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Office = Melting Ice Cube

Q2 Income Fund Letter

Jul 20, 2022
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Office = Melting Ice Cube

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Every quarter I write a letter to the partners invested with Evergreen’s Income Fund.

It updates them on the Fund’s performance and provides color on the real estate market & state of REITs. This quarter’s letter highlighted the pain ahead for commodity office properties if the WFH trend doesn’t reverse soon.

Here is a link to our Q2 letter if you’d like to review (click on the “read more” button).

Evergreen Real Income Fund Updates
Income Fund Update - Q2 2022
Hello Partners, Hope this update finds you well. The average annualized distribution yield YTD is 9.1%. Below are the full returns (through 6.30.22) for the Income Fund. As you probably know, the S&P 500 is in a bear market. It ended the first half the year down 20.6%, which was the worst start to a year since 1962…
Read more
8 months ago · Brad Johnson

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Office = Melting Ice Cube

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