AWP Research | Milton Maxwell

AWP

abrdn Global Premier Properties Fund

3.8900

+0.0000+0%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

337.17M

P/E (TTM)

7.48

Basic EPS (TTM)

0.52

Dividend Yield

0.12%

Recent Filings

8-K

AWP launches $27.5M share offering

1/24/25Jan 24, 2025

abrdn Global Premier Properties Fund launched an at-the-market offering on January 23, 2025, allowing sales of up to $27,500,000 in common shares through ALPS Distributors and UBS Securities, priced at or above net asset value. This move bolsters the fund's capital for investments while complying with Investment Company Act rules. No specific use of proceeds disclosed. Sales hinge on market conditions.

8-K

Fund appoints new auditor

9/28/18Sep 28, 2018

Aberdeen Global Premier Properties Fund engaged KPMG LLP as its new independent registered public accounting firm, effective September 26, 2018, following the resignation of its prior auditor on May 4. The Board's Audit Committee approved the switch on June 13, contingent on KPMG's independence confirmation, which it provided after standard reviews. No prior consultations or disagreements occurred with KPMG. This change ensures seamless audit continuity for the fiscal year ending October 31, 2018.

8-K

Auditor resigns over independence

5/9/18May 9, 2018

Aberdeen Global Premier Properties Fund saw Ernst & Young LLP resign as its independent auditor on May 4, 2018, triggered by independence issues from the simultaneous switch to a new investment adviser. No audit disagreements or reportable events marred the prior two fiscal years ended October 31, 2017 and 2016. The board plans to appoint a new firm for the fiscal year ending October 31, 2018. This shift ensures compliance amid the advisory change.

8-K

By-laws tighten nominations

10/4/17Oct 4, 2017

Alpine Global Premier Properties Fund updated its by-laws and Nominating and Corporate Governance Committee Charter on September 28, 2017, tightening shareholder proposal and trustee nomination procedures. These changes demand detailed disclosures on ownership, relationships, and hedging from proposers, while imposing strict qualifications like age limits and barring those with disqualifying conduct or ties to major holders. Shareholders now face a 120-150 day notice window aligned with regulations. Advance planning rules governance.

8-K

Auditor switch announced

6/26/15Jun 26, 2015

Alpine Global Premier Properties Fund dismissed Deloitte & Touche as its independent auditor effective June 25, 2015, and engaged Ernst & Young for the fiscal year ending October 31, 2015, following Audit Committee recommendation. No disagreements or reportable events marred Deloitte's clean audits of the prior two years. The switch signals routine oversight. Boards emphasize no dissatisfaction with prior performance.

About

Abrdn Global Premier Properties Fund is a closed-end equity mutual fund launched and managed by Alpine Woods Capital Investors, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies operating across real estate sectors. It invests in value stocks of companies. The fund employs fundamental analysis with top-down and bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the FTSE EPRA/NAREIT Global TR Index, MSCI US REIT Gross Total Return Index, and S&P Developed BMI Property Index Net TR Index. Abrdn Global Premier Properties Fund was formed on February 13, 2007 and is domiciled in the United States.

CEO

Mr. Peter J. Kovalski CFA

IPO

4/26/2007

Website

https://www.alpinecef.com/default.asp?P=856340&S=857563

Sector

Financial Services

Industry

Asset Management