IGR Research | Milton Maxwell

IGR

CBRE Global Real Estate Income Fund

4.2700

+0.0100+0.24%

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

645.17M

P/E (TTM)

12.20

Basic EPS (TTM)

0.35

Dividend Yield

0.17%

Recent Filings

8-K

New trustee appointment announced

7/30/24Jul 30, 2024

CBRE Global Real Estate Income Fund appointed Peter Finnerty as an independent Trustee to its Board, effective July 31, 2024. Finnerty brings deep expertise from leading PwC's Mutual Funds Practice for over 12 years, including roles as lead engagement partner for top mutual fund complexes and Global Asset & Wealth Management Assurance Leader. This addition bolsters governance and risk management for shareholders. His credentials as a CPA and Audit Committee Financial Expert align with strong oversight needs.

8-K

IGR launches discounted rights offering

2/27/23Feb 27, 2023

CBRE Global Real Estate Income Fund announced terms for a rights offering on February 27, 2023, issuing one transferable right per common share held as of the March 9 record date, allowing subscription for one new share per five rights at 95% of the five-day average NYSE closing price through April 6 expiration. The board and advisor see this as timely to capitalize on attractively valued global real estate securities amid favorable market conditions not seen since 2008-2009 or early 2020. It positions the fund to boost assets, lower expense ratios, and enhance distributions while minimizing taxable sales. Rights trade on NYSE as IGR RT.

8-K

Fund name change announced

10/7/21Oct 7, 2021

CBRE Clarion Global Real Estate Income Fund changed its name to CBRE Global Real Estate Income Fund on October 7, 2021, aligning with its adviser's rebranding from CBRE Clarion Securities LLC to CBRE Investment Management Listed Real Assets LLC, approved September 22, 2021. Investment objectives stay unchanged, with trading continuing on NYSE under ticker IGR and CUSIP 12504G100. This simplifies branding to leverage combined expertise in real assets. No operational shifts disclosed.

8-K

Virtual annual shareholder meeting

9/30/20Sep 30, 2020

CBRE Clarion Global Real Estate Income Fund announced its 2020 Annual Meeting of Shareholders will proceed virtually on October 9, 2020, at 10:00 a.m. Eastern Time, shifting from in-person due to COVID-19 health concerns. This format prioritizes shareholder safety while ensuring voting access via proxy or online registration. No in-person attendance allowed. The change underscores pandemic-driven adaptations in corporate governance.

8-K

New trustee appointed

6/24/20Jun 24, 2020

CBRE Clarion Global Real Estate Income Fund appointed Heidi Stam as an independent Trustee to its Board, effective June 1, 2020. With 30 years in investment management, including roles as Managing Director and General Counsel at Vanguard and prior SEC service, Stam bolsters governance and strategy. Her expertise strengthens oversight for shareholders. Board Chairman Ritson Ferguson praised her complementary skills.

About

CBRE Clarion Global Real Estate Income Fund specializes in investments in various property types, including office, retail, diversified, apartments, industrials, hotels, healthcare, and storage. It invests in the public equity markets across the developed markets of North America, Europe, Australia, and Asia. The fund seeks to invest in stocks of companies operating across the real estate sector including REITs. It invests in stocks of companies across diversified market capitalizations. The fund employs fundamental analysis to create its portfolio. It conducts in-house research to make its investments.

CEO

Mr. Thomas Ritson Ferguson C.F.A.

IPO

2/25/2004

Website

https://www.cbreclarion.com/ourfunds/Global-Real-Estate-Income-Fund/Pages/default.aspx

Sector

Financial Services

Industry

Asset Management