Which of the following funds is most likely to have a debt ratio of 70% or higher?

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A Real Estate Investment Trust (REIT) is a type of investment entity that owns and operates income-generating real estate. Due to the high level of leverage often used to acquire and develop properties, it is common for REITs to have high debt ratios, with ratios of 70% or higher not uncommon. Bonds funds and commingled funds typically have lower debt ratios. While mortgage-backed securities are securities based on mortgage loans and can have high debt ratios, they are not a type of fund.

Which of the Following Funds Is Most Likely to Have