IGR

CBRE Global Real Estate Income Fund
IGR

$6.45

1.1%

Market Cap: $903M

About: CBRE Clarion Global Real Estate Income Fund is the United States based diversified, closed-end management investment company. Its objective is high current income and its secondary objective is capital appreciation. The fund invests a majority of its total assets in income-producing real estate securities located mainly in the developed markets of North America, Europe, Australia, and Asia. Its portfolio of investments consists of different sectors such as diversified, retail, industrial, residential, hotels, healthcare, and other sectors.

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

7% less funds holding

Funds holding: 119 [Q1] → 111 (-8) [Q2]

10.05% less ownership

Funds ownership: 33.18% [Q1] → 23.14% (-10.05%) [Q2]

21% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 42

35% less capital invested

Capital invested by funds: $250M [Q1] → $163M (-$86.6M) [Q2]

42% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 19

100% less funds holding in top 10

Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for IGR.

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Financial journalist opinion

CBRE Global Real Estate Income Fund (NYSE: IGR) Appoints New Trustee

PHILADELPHIA--(BUSINESS WIRE)--CBRE Global Real Estate Income Fund (NYSE: IGR) Appoints New Trustee.

CBRE Global Real Estate Income Fund (NYSE: IGR) Appoints New Trustee

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IGR: Get 13% Yield From This Global Real Estate Fund Before It Rebounds

IGR is a real estate CEF trading at a discount to NAV of -5.5% with a 13.3% annual yield. Fund managers have an optimistic outlook for global REITs in 2024, and potential catalysts for future performance as interest rates decline. Global REIT growth remains resilient, with strong returns expected in 2024 due to various factors like contractual rent increases and high occupancy rates.

IGR: Get 13% Yield From This Global Real Estate Fund Before It Rebounds

CBRE Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for July, August and September and Announces a Webinar with Portfolio Management

PHILADELPHIA--(BUSINESS WIRE)--CBRE Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for July, August and September and Announces a Webinar.

CBRE Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for July, August and September and Announces a Webinar with Portfolio Management

IGR: 14% Yield, Contrarian Play, But There Are Better Choices

CBRE Global Real Estate Income Fund is a closed-end fund that invests in the equities and preferred securities of real estate companies, including REITs. The IGR CEF is a global fund, and nearly one-third of its assets are invested in international real estate, mostly in developed markets. The performance record of IGR simply looks unimpressive over most time periods. Even though, currently, it may be a contrarian play with enticing distribution yield, we think there are better choices in the real estate sector.

IGR: 14% Yield, Contrarian Play, But There Are Better Choices

IGR: No Near-Term Upside Catalyst, But The Fund Did Cover Its Distribution Last Year

The CBRE Global Real Estate Income Fund offers exposure to the real estate sector and real estate investment trusts (REITs) with a 14.52% yield. The fund has a higher yield than its peers, but there are concerns about its ability to sustain its distribution. The fund's net asset value has declined recently, and it relies on capital gains to cover its distributions, which may not be sustainable in the long term.

IGR: No Near-Term Upside Catalyst, But The Fund Did Cover Its Distribution Last Year

CORRECTING and REPLACING CBRE Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for April, May and June and Announces a Webinar with Portfolio Management

PHILADELPHIA--(BUSINESS WIRE)--CBRE Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for April, May and June & Announces a Webinar with Portfolio Management.

CORRECTING and REPLACING CBRE Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for April, May and June and Announces a Webinar with Portfolio Management

CBRE Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for April, May and June and Announces a Webinar with Portfolio Management

PHILADELPHIA--(BUSINESS WIRE)--CBRE Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for April, May and June & Announces a Webinar with Portfolio Management.

CBRE Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for April, May and June and Announces a Webinar with Portfolio Management

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