CBRE Global Real Estate Income Fund Announces Monthly Dividend of $0.06 (NYSE:IGR)

CBRE Global Real Estate Income Fund (NYSE:IGR) declared a monthly dividend on Thursday, July 9th. Investors of record on Monday, September 21st will be paid a dividend of 0.06 per share by the closed-end fund on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 15.6%. The ex-dividend date is Monday, September 21st.

CBRE Global Real Estate Income Fund Trading Up 0.1%

Shares of NYSE IGR opened at $4.61 on Friday. CBRE Global Real Estate Income Fund has a 12-month low of $4.15 and a 12-month high of $5.28. The firm’s 50-day simple moving average is $4.63 and its 200 day simple moving average is $4.65.

Hedge Funds Weigh In On CBRE Global Real Estate Income Fund

Large investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. bought a new stake in shares of CBRE Global Real Estate Income Fund during the second quarter valued at approximately $41,000. PFG Investments LLC acquired a new stake in shares of CBRE Global Real Estate Income Fund in the fourth quarter valued at approximately $44,000. Jump Financial LLC bought a new position in CBRE Global Real Estate Income Fund in the 4th quarter worth approximately $44,000. Fifth Third Wealth Advisors LLC bought a new position in CBRE Global Real Estate Income Fund in the 4th quarter worth approximately $47,000. Finally, Boothbay Fund Management LLC acquired a new position in CBRE Global Real Estate Income Fund during the 4th quarter worth $48,000.

About CBRE Global Real Estate Income Fund

CBRE Global Real Estate Income Fund Inc (NYSE: IGR) is a closed‐end management investment company that seeks to provide attractive levels of current income and capital appreciation by investing primarily in global real estate securities. Managed by CBRE Investment Management, the fund’s portfolio is composed of publicly traded real estate investment trusts (REITs), real estate operating companies and other real estate‐related equity securities across developed and emerging markets.

The fund employs a research‐driven, bottom‐up investment approach, leveraging CBRE’s global platform and market intelligence to identify opportunities in diverse property sectors, including office, retail, industrial, residential and hospitality.