CBRE Global Real Estate Income:IGR

    Manage Alerts

    Overview

    As of 12/20/2024

     Share
    Price
    NAVPremium/
    Discount
    Current$4.97$5.04-1.39%
    52 Wk Avg$5.47$5.71-4.18%
    52 Wk High$6.69$6.384.93%
    52 Wk Low$4.68$5.01-13.72%
    Regular Distribution TypeManaged Distribution
    Distribution Rate14.49%
    Distribution Amount$0.0600
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Trust’s primary investment objective is high current income. The Trust’s secondary investment objective is capital appreciation. The Trust has a policy of concentrating its investments in the real estate industry and not in any other industry. Under normal market conditions, the Trust will invest substantially all but no less than 80% of its total assets in income-producing global “Real Estate Equity Securities.’’

    Capital Structure

    As of 12/20/2024

    Total Investment Exposure:$1,040.873M
    Total Common Assets:$705.442M
    Common Shares Outstanding:139,968,594
    Leverage

    As of 12/20/2024

    Preferred Share Assets:
    Total Debt (USD): $335.432M
    Regulatory Leverage (USD): $335.432M
    Effective Leverage (USD): $335.432M
    Effective Leverage (%): 32.23%
    Annual Expense Ratios

    As of 12/31/2023

      Per Common Share
    Management Fees1.21%
    Other Expenses:0.18%
    Baseline Expense: N/A
    Interest Expense:2.47%
    Total: 3.86%
    Fund Management

    Fund Sponsor
    CBRE Investment Management Listed Real Assets LLC

    Portfolio Managers
    Kenneth S. Weinberg, Jonathan Miniman, Joseph P. Smith

    Basics
    Category: Equity-Real Estate
    Ticker: IGR
    NAV Ticker: XIGRX
    Average Daily Volume (shares): 628,342
    Average Daily Volume (USD): $3.448M
    Inception Date: 2/18/2004
    Inception Share Price: $15.00
    Inception NAV: $14.30
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 12/20/2024

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 6/30/2024
    $0.0470
    Annualized Distribution Rate on NAV:
    As of 12/20/2024
    14.29%
    Total Return on NAV (12 months):
    As of 12/20/2024
    19.72%
    Total % Portfolio Effectively Leveraged:
    As of 12/20/2024
    32.23%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 12/20/2024

    PeriodAvg Discount
    6 Month0.16%
    1 Year-4.18%
    3 Year-6.62%
    5 Year-8.90%
    Z-Score

    As of 12/20/2024

    PeriodZStat
    3 Month-1.53
    6 Month-0.51
    1 Year0.55
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/30/2024
    Category: Morningstar US CEF Real Estate

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD20.70%3.45%26.55%15.71%
    20238.66%11.04%10.81%11.93%
    2022-35.49%-33.97%-30.98%-28.27%
    202152.92%37.96%45.52%35.15%
    2020-5.39%-0.61%-14.13%-8.26%
    201941.01%25.80%43.15%30.78%
    2018-15.50%-9.75%-12.56%-7.65%
    201717.34%11.29%17.56%11.91%
    20163.32%2.26%8.87%7.00%
    2015-8.95%-5.62%-0.08%0.88%
    201420.85%18.78%26.62%25.47%
    2013-4.97%0.86%-0.71%3.70%
    201239.05%24.23%31.34%25.16%
    2011-5.29%1.04%  
    201031.17%22.42%  
    200979.62%46.96%  
    2008-67.33%-61.16%  
    2007-32.80%-16.08%  
    200677.22%53.99%  
    200518.64%8.16%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 11/30/2024
    Category: Morningstar US CEF Real Estate

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 9/30/2024
    90
    Annual Portfolio Turnover:
    As of 12/31/2023
    50.69%
    Asset Allocation

    As of 9/30/2024

    Top Sectors

    As of 9/30/2024

    Sector%Portfolio
    Cyclical (Super Sector)134.96%
    Real Estate134.32%
    Preferred Stock8.04%
    Corporate (Super Sector)8.04%
    Consumer Cyclical0.64%
    Cash Equivalents0.00%
    Cash Equivalents (Super Sector)0.00%
    Top Holdings

    As of 9/30/2024

    HoldingValue% Portfolio
    Equinix Inc$73.99M8.33%
    Realty Income Corp$70.93M7.99%
    Invitation Homes Inc$50.00M5.63%
    American Tower Corp$48.62M5.47%
    Simon Property Group Inc$48.43M5.45%
    Crown Castle Inc$39.51M4.45%
    Sun Communities Inc$35.43M3.99%
    AvalonBay Communities Inc$34.85M3.92%
    Rexford Industrial Realty Inc$32.82M3.70%
    Other Liability$-398.44M-44.86%
    Credit Quality

    As of 9/30/2024

    Country Allocation

    As of 9/30/2024

    Country% Portfolio
    United States - Equity87.61%
    Japan - Equity9.32%
    Australia - Equity8.06%
    Hong Kong - Equity6.31%
    United Kingdom - Equity5.68%
    Singapore - Equity5.12%
    Canada - Equity4.09%
    France - Equity3.18%
    Sweden - Equity2.24%
    Belgium - Equity2.10%
    Germany - Equity1.24%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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