Business Magazine

CBRE Clarion Global Real Estate Income Fund - IGR

Posted on the 26 January 2012 by Divstkforcomman @DivStkForComMan
I highly suggest that you should be positioned to take advantage of the real estate market once it turns back around. Your real estate investment should pay a monthly dividend and have international exposure. Where should you invest? Well, look no further than stock ticker IGR!
CBRE Clarion Global Real Estate Income Fund, stock ticker IGR, is a non-diversified, closed-end management investment company. If you would like to learn about "close-end" funds, click here. IGR's primary objective is high current income and its secondary objective is capital appreciation. IGR invests 80% to 100% of its total assets in income-producing real estate securities, including REITs, located mainly in North America, Europe, Australia, and Asia. IGR can invest up to 25% of its assets in preferred shares of global real estate companies. The Trust’s investments is concentrated in income-producing common equity securities, preferred securities, convertible securities and non-convertible debt securities issued by companies deriving their revenue from the ownership, construction, financing, management and sale of commercial, industrial, and residential real estate.
IGR's currently monthly dividend is set at $0.05 per share, which is a whopping 7.16% dividend yield! IGR has been selling between $6.15 and $8.60 per share during the past 52 weeks. With a market cap of 879.09 million dollars, it's safe to say that your money will grow month after month! If you invest $100.00 tomorrow, you will receive 13.26 shares.
This fund is selling at all time lows, but can easily go up at least 100% in a year or so, or even sooner. In the mean time you received a high dividend yield - paid every month! IGR will be a reliable performer for years and you'll be investing in that sweet mid-cap value segment.
I am a huge believer that real estate will come back, and with power and might! Right now, with IGR's 7% plus dividend yield you can't go wrong. That is a better interest rate than most stocks which are sold on the NASDAQ and NYSE. Hold this puppy for the long term and let it fund your Roth IRA throughout your working career and then you can reap the benefits of a smart investment decision during your retirement years. True, every investment involves risk, but when your buying at stock at a bargain price, being paid to hold it via dividend, and then the stock could double or triple in your lifetime, why would you not throw some money at it? Perform your own due diligence, but don't sleep on this one. Until next time friends, stay happy, healthy and hold your stocks within a Roth IRA and reinvest those dividends!
PS.. Check out who is currently invested in IGR!

Name  CBRE Clarion Global Real Estate Income Fund - IGRShares Held Position Value Percentage of
Total Holdings

since 1/26/12 % Owned
of Shares
Outstanding
Turnover
Rating

Morgan Stanley ... 3.6M $24,276,532+18%3.1% Low

Invesco ... 2.6M $17,422,800+13%2.2% Low

MTB Investment ... 1.9M $12,617,480+9%1.6% Low

Wells Fargo Advisors 1.2M $8,152,006+6%1.1% Low

Bank of America ... 1.1M $7,607,212+6%1.0% Low

UBS Securities LLC 1.1M $7,213,278+5%0.9% Moderate

Advisors Asset ... 890.1K $5,954,608+4%0.8% Low

Newgate Capital ... 798.7K $5,343,330+4%0.7% Moderate

Wolverine Asset ... 708.3K $4,738,581+3%0.6% High

Millennium ... 609.7K $4,078,559+3%0.5%   High



Back to Featured Articles on Logo Paperblog