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NexPoint Residential Trust: A 5.6% Yield From Sun Belt Multifamily Properties (NYSE:NXRT)

NexPoint Residential Trust (NYSE:NXRT) has been rocked by rising interest rates with the common shares down 29% year-to-date to trade at its lowest level since 2018. The pullback has been material with the externally advised REIT now9.01x$0.42 per share

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