CBRE Global Real Estate Income Fund IGR

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Price alert · IGR

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11.00 USD -0.07 -0.63%

At close

11.22 +0.22 +2.00%

Pre-market · Nov 2, 7:00 AM ET

Bid
11.00 × 1
Ask
11.09 × 10
10.95 Day range 11.19
10.54 52-week range 15.12
YTD
+151.14%
1 year
+124.03%
Open
11.17
Prev close
11.07
Mkt cap
556.45M
Vol
422.66K
Avg vol
346.20K
EPS
0.89
P/E
12.36
Div yield
0.00%
More statistics
Low
10.95
High
11.19
Forward P/E
0.00
Beta
1.33
Short ratio
2.46
Inst. own
24.33%
Dividend
0.72
Ex-div date
Sep 20, 2026
50-d avg
12.85
200-d avg
13.61
1y target
0.00

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Discussion (1)

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Ming Chen IGR 2 years ago #1

the equity offering may not be a bad thing, as long as it is not diluting the NAV of the fund. according to IGR’s SEC filing, the offering price “will not be less than the then current net asset value (“NAV”) per Common Share plus the per Common Share amount of the commission to be paid to Foreside (the “Minimum Price”). The Trust and Foreside will determine whether any sales of Common Shares will be authorized on a particular day. The Trust and Foreside, however, will not authorize sales of Common Shares if the market price per Common Share is less than the Minimum Price”. they can then use the proceeds to invest in more dividend paying REITs.