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 Clarion Global Real Estate Income Fund (NYSE: IGR) has declared a monthly distribution of $0.05 per share for October 2020, maintaining an annualized distribution rate of 9.7%. The declaration date is October 1, 2020, with an ex-dividend date of October 19, 2020, and distribution payable on October 30, 2020. The Fund's total return from January 1, 2020, to September 30, 2020, is -12.14%. This month's distribution sources include 31% from net investment income and 69% from return of capital. Past performance does not guarantee future results.
The Board of Trustees of the CBRE Clarion Global Real Estate Income Fund (NYSE: IGR) announced that its 2020 Annual Meeting of Shareholders will be held virtually on October 9, 2020, at 10:00 a.m. Eastern Time, due to COVID-19 health concerns. Shareholders must register online and are encouraged to vote by proxy prior to the meeting. The proxy materials will remain unchanged despite the virtual format. CBRE Clarion Securities manages global real asset securities and is a part of CBRE Global Investors, which oversees $109.6 billion in assets as of June 30, 2020.