Similar to a Closed-End Fund Equity per Share (EqPS) of a REIT is Similar to NAV and Calculated as Follows:    (Assets - Liabilities)/REIT Shares Outstanding Types of REITs Equity Trust: Invest in Rental Properties Mortgage Trust: Invests in Mortgages Investment Appeal: Easy Way to Include Real Estate in a Portfolio If not a Homeowner For more information, visit http://www.nareit.com/