Empire State Realty Trust is a self-administered and self-managed real estate investment trust that owns, manages, operates, acquires and repositions office, retail and multifamily properties in Manhattan and New York area. Co.'s reportable segments consist of a real estate segment and an observatory segment. Co.'s real estate segment includes all activities related to the ownership, management, operation, acquisition, repositioning and disposition of its commercial and multifamily real estate assets, principally office properties, located in Manhattan and New York metropolitan area. Co.'s observatory segment operates the 86th and 102nd floor observatories at the Empire State Building. The ESRT YTD return is shown above.
The YTD Return on the ESRT YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether ESRT YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the ESRT YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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