In this CEF Insights Podcast episode, we discuss the investment approach of IGR, real estate market valuations, and current market opportunities.
The CBRE Global Real Estate Income Fund is an actively managed closed-end fund which trades on the New York Stock Exchange under the trading symbol IGR.
The Fund's primary objective is high current income and its secondary objective is capital appreciation. The Fund invests globally with an emphasis on the income-producing common equity and preferred stocks of real estate companies. The Fund can invest up to 25% of its assets in preferred shares of global real estate companies.
IGR's global diversification may mitigate portfolio risk and generate more consistent performance over time.
IGR seeks to pay distributions to shareholders on a monthly basis which may be taken in cash or reinvested.
Potential for High Income
IGR invests in REITs which distribute a majority of their earnings to shareholders in the form of dividends.