Independence Realty Trust, Inc. is a self-administered and self-managed real estate investment trust (REIT). Co.'s investment strategy is focused on gaining scale near major employment centers within submarkets that offer good school districts and retail. Co. acquires, owns, operates, improves, and manages multifamily apartment communities across non-gateway U.S. markets. Co. owns and operates approximately 113 multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Nashville, Oklahoma City, Raleigh-Durham, and Tampa, Florida. The IRT YTD return is shown above.
The YTD Return on the IRT 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 IRT 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 IRT 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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