CBRE Global Real Estate Income Fund (IGR)

NYSE: IGR · Real-Time Price · USD
5.54
0.00 (0.00%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.00%
Market Value 775.70M
Revenue (ttm) 43.23M
Net Income (ttm) 24.50M
Shares Out 140.02M
EPS (ttm) 0.18
PE Ratio 31.64
Forward PE n/a
Dividend $0.72 (13.00%)
Ex-Dividend Date Dec 20, 2024
Volume 384,311
Open 5.51
Previous Close 5.54
Day's Range 5.50 - 5.57
52-Week Range 4.49 - 6.69
Beta 1.42
Analysts n/a
Price Target n/a
Earnings Date n/a

About IGR

CBRE Clarion Global Real Estate Income Fund specializes in investments in various property types, including office, retail, diversified, apartments, industrials, hotels, healthcare, and storage. It invests in the public equity markets across the developed markets of North America, Europe, Australia, and Asia. The fund seeks to invest in stocks of companies operating across the real estate sector including REITs. It invests in stocks of companies across diversified market capitalizations. The fund employs fundamental analysis to create its portf... [Read more]

Sector Financials
Founded 2004
Country United States
Stock Exchange NYSE
Ticker Symbol IGR
Full Company Profile

News

Eleven High-Yield Closed End Funds: Five To Watch And Six To Buy

As a retired income investor, I focus on high-yield CEFs for reliable monthly distributions and potential capital gains from NAV discounts. Five CEFs to avoid currently: GOF, VVR, ARDC, WDI, IGR, due ...

23 days ago - Seeking Alpha

CBRE Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distributions for October, November and December and Announces a Webinar with Portfolio Management

PHILADELPHIA--(BUSINESS WIRE)--The Board of Trustees of the CBRE Global Real Estate Income Fund (NYSE: IGR) (the “Fund”) has declared three distributions of $0.06 per share for the months of October, ...

5 weeks ago - Business Wire

3 CEFs With Global Real Assets Worth Considering

Enjoying retirement with monthly passive income from CEFs holding real assets like real estate and infrastructure, providing stable, inflation-adjusted income. IGR, JRI, and AWP have delivered strong ...

Other symbols: AWPJRI
6 weeks ago - Seeking Alpha

IGR: Earn An 11% Yield And Get Inflation Protection With This CEF

The CBRE Global Real Estate Income Fund offers a high yield of 11.13% and has consistently maintained or increased its distribution, making it attractive for income-focused investors. The fund's globa...

7 weeks ago - Seeking Alpha

Canadian REITs: Higher Yield Up North

For income-focused investors willing to venture outside the United States, Canadian REITs offer appealing qualities as a potential portfolio diversifier alongside their larger and more established U.S...

7 weeks ago - Seeking Alpha

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.

4 months ago - Business Wire

Undercovered Dozen: Spirit Airlines, HubSpot, Cigna, First Quantum Minerals +

We share 12 ideas published last week focused on stocks with less coverage on Seeking Alpha. Polestar Automotive Holding is seen as continuing to struggle with missed targets, high losses, and debt ra...

4 months ago - Seeking Alpha

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 performa...

4 months ago - Seeking Alpha

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.

4 months ago - Business Wire

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-t...

6 months ago - Seeking Alpha

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 a...

7 months ago - Seeking Alpha

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.

8 months ago - Business Wire

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.

8 months ago - Business Wire

Earn Up To 14% Dividend Yield From REIT CEFs

REIT closed-end funds, or CEFs, are offering historically high dividend yields. Some yield as much as 14% right now. Is this an opportunity? We highlight various REIT CEFs and explain which is our fav...

Other symbols: AWPCBRECNSJRSNROPGZRFI
9 months ago - Seeking Alpha

IGR: 3 Reasons This REIT Fund Gets A Downgrade

In our last article, we gave IGR an upgrade. That has played out and the fund has delivered a scintillating return since then. In this article, we give you three reasons as to why we are now downgradi...

10 months ago - Seeking Alpha

The Month In Closed-End Funds: December 2023

For the second consecutive month, both equity (+3.42% on a NAV basis) and fixed income (+3.14%) CEFs on average posted plus-side returns. At month end, 9% of all CEFs traded at a premium to their NAV,...

Other symbols: BBNBHKBTOBWGEDFHQLNBB
11 months ago - Seeking Alpha

CBRE Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for January, February and March and Announces a Webinar with Portfolio Management

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

11 months ago - Business Wire

7 Massive Monthly Dividends Yielding Up To 18%

A safe double-digit yield makes it a lot easier to retire. Today we'll discuss a portfolio that pays 14.1% (that's no typo).

Other symbols: CLMCRFFPFFSCOGOFHFRO
1 year ago - Forbes

The Month In Closed-End Funds: November 2023

For the first month in four, both equity (+6.05% on a NAV basis) and fixed income (+5.81%) CEFs on average posted handsome plus-side returns. At month end, 9% of all CEFs traded at a premium to their ...

Other symbols: KFMAVMXEPCKPMXRQITWN
1 year ago - Seeking Alpha

Listed Real Estate: Searching For Positive Signals While Reviewing The Case For REITs

REIT index performance can be a leading indicator for the asset class as a whole. Our latest Asset Allocation recorded a strong quarter for listed real estate, showing signs of long-awaited resurgence...

1 year ago - Seeking Alpha

IGR: Continues To Overpay Distribution, Leaving An Overhanging Risk

CBRE Global Real Estate Income Fund has performed poorly compared to its peers, and that leaves it on the list of potential distribution cutters. I believe Cohen & Steers Real Estate Opportunities and...

1 year ago - Seeking Alpha

IGR: As Global Real Estate Stabilizes, Collect A 15% Yield From This CEF

Real estate has been one of the worst-performing sectors in the U.S. equity market over the past three years. Global real estate market conditions are stabilizing, indicating a potential recovery in t...

1 year ago - Seeking Alpha

Construction Spending Rises

The history of construction spending since 1993 reveals that this data tends to weaken prior to recessions. For a recent dip in Residential Construction attributed to the rise in mortgage rates, this ...

1 year ago - Seeking Alpha

CBRE Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for October, November and December and Announces a Webinar with Portfolio Management

PHILADELPHIA--(BUSINESS WIRE)--The Board of Trustees of the CBRE Global Real Estate Income Fund (NYSE: IGR) (the “Fund”) has declared three distributions of $0.06 per share for the months of October, ...

1 year ago - Business Wire

IGR: 3 Reasons This REIT Fund Gets An Upgrade

CBRE Global Real Estate Income Fund held a Sell rating from us since September 2022. That has been the correct call as the REIT CEF has delivered massively negative returns. We give you 3 reasons why ...

1 year ago - Seeking Alpha