NEW YORK ( TheStreet) -- For all of investors' concerns about the sagging real-estate market, property funds' returns have dwarfed those of the broader stock market.The iShares Cohen & Steers Realty Majors Index Fund (ICF), an exchange traded fund that holds the biggest U.S. real estate investment trusts (REITs), from AvalonBay Communities (AVB) to Vornado (VNO - Get Report), has soared 50% in the past year, compared with 11% for the Dow Jones Industrial Average. This year, the iShares ETF is up 31%, three times that of the Dow.
Fund Managers Pick Their Favorite REITs
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