Welcome to our dedicated page for CBRE Global Real Estate Income Fund news (Ticker: IGR), a resource for investors and traders seeking the latest updates and insights on CBRE Global Real Estate Income Fund stock.
CBRE Global Real Estate Income Fund (IGR) reports recurring fund updates centered on its monthly distribution declarations, managed distribution policy, net asset value calculations and market-price-based distribution rates. The fund is an income-oriented closed-end management investment company that invests primarily in income-producing real estate securities, including securities issued by real estate companies and real estate investment trusts.
News releases also cover portfolio management webinars, market-condition commentary and Board review of the fund’s distribution level and sustainability. These updates connect the fund’s real estate income strategy with NAV, share price and shareholder distribution information.
The CBRE Global Real Estate Income Fund (NYSE: IGR) announced a monthly distribution of $0.06 per share for July 2022, maintaining a 10.0% annualized distribution rate based on the closing market price of $7.23 on July 5, 2022. The fund has declared total distributions of $0.40 per share year-to-date. The estimated sources for the current distribution include 30% from net investment income and 70% from net realized long-term capital gains. Future distributions may vary based on net investment income and gains, with a quarterly review by the Board of Trustees.
The CBRE Global Real Estate Income Fund (NYSE: IGR) announced a monthly distribution of $0.06 per share for June 2022, with an annualized distribution rate of 9.3% based on a closing market price of $7.75. The Ex-Dividend Date is June 17, and the Payable Date is June 30. The fund's cumulative total return for 2022 so far is -17.33%, while the average annual total return over the past five years is 8.21%. Estimated allocations for the current month include 30% from net investment income and 70% from long-term capital gains.
The CBRE Global Real Estate Income Fund (NYSE: IGR) has declared a monthly distribution of $0.06 per share for May 2022. The declaration date is May 10, 2022, with an ex-dividend date of May 19, 2022 and a payable date of May 31, 2022. The fund's annualized distribution rate stands at 8.8%, based on a closing price of $8.22 on May 6, 2022. In 2022, the fund has declared five distributions totaling $0.28 per share, with a 70% allocation from net realized long-term capital gains.
The CBRE Global Real Estate Income Fund (NYSE: IGR) has declared a monthly distribution of $0.06 per share for April 2022, maintaining an annualized distribution rate of 8.0% based on the market price. The Ex-Dividend date is set for April 19, 2022, with a record date of April 20, 2022, and payment on April 29, 2022. The fund's year-to-date distributions total $0.22 per share, with estimated allocations showing that 55% comes from net investment income. However, future earnings are not guaranteed, and the fund's distribution policy is subject to change.
CBRE Global Real Estate Income Fund (IGR) announced a 20% increase in its monthly distribution rate from $0.05 to $0.06 per share, reflecting confidence in future global real estate stocks. The new distribution rate, effective from March 2022, is part of the Fund's policy to align distributions with net investment income and capital gains. Currently, IGR's annualized distribution rate stands at 9.0% based on a market price of $8.03. The Fund's performance included a -12.91% cumulative total return for the fiscal year to date.
The Board of Trustees of CBRE Global Real Estate Income Fund (NYSE: IGR) has announced that T. Ritson Ferguson has retired as President and CEO, effective January 1, 2022. Joseph P. Smith, previously the Chief Investment Officer, will succeed him while continuing as a Portfolio Manager. No changes to the investment philosophy or process at the Fund are expected. CBRE Investment Management, managing $141.9 billion in assets, remains committed to delivering sustainable investment solutions across various real asset categories.
The Board of Trustees of CBRE Global Real Estate Income Fund (NYSE: IGR) declared a monthly distribution of $0.05 per share for February 2022, maintaining an annualized distribution rate of 6.8% based on a market price of $8.76. The fund has declared two monthly distributions totaling $0.10 for the current fiscal year. Distribution sources include 64% net investment income, with a portion potentially classified as return of capital. Current performance shows a cumulative total return of -9.07% for January 2022, while the average annual total return over five years is 10.00%.
The Board of Trustees of the CBRE Global Real Estate Income Fund (NYSE: IGR) has declared a monthly distribution of $0.05 per share for January 2022. The declaration date is January 10, 2022, with a pay date of January 31, 2022. The Fund's current annualized distribution rate stands at 6.4% based on a closing market price of $9.41 on January 6, 2022. The Fund will continually review its distribution policy based on net investment income and gains.
The CBRE Global Real Estate Income Fund (NYSE: IGR) has declared a monthly distribution of $0.05 per share for December 2021, with an annualized distribution rate of 6.4%. Key dates include the declaration on December 9, ex-dividend on December 17, record on December 20, and payable on December 31. Year-to-date, the Fund has declared twelve distributions totaling $0.60 per share. The distribution source includes net investment income and realized capital gains, with a projected breakdown indicating a return of capital. For more information, visit www.cbreim.com/igr.
The CBRE Global Real Estate Income Fund (NYSE: IGR) has announced a monthly distribution of $0.05 per share for November 2021. The distribution reflects an annualized rate of 6.5% based on the market price of $9.24. The Board of Trustees reviews these distributions quarterly, with the current fiscal year seeing a total of $0.55 per share distributed so far. The estimated sources include 36% from net investment income and 48% from net realized long-term capital gains. The released data indicates a cumulative total return of 29.02% for 2021.