IGR Price Forecast & CEF Analysis. Distribution · NAV · Discount · Expense Ratio · RSI · MACD | US Stocks Today
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🏢 A closed-end fund (CEF) managed by CBR, this is a leveraged income product that seeks high current income by investing in global real estate-related securities and pays monthly distributions. It is also necessary to examine the distribution sources and the NAV discount.
It runs 34% of assets on borrowed money.
Borrowing to buy more lifts gains and deepens losses. This is not the same as an ETF tracking 3x a day.
Against the value of what the fund holds it is 8.3% cheaper.
Its holdings are worth $12.76 per share, but it trades at $11.70. Over the past year it usually traded 0.1% above value, so it is cheaper now.
Over the past 1 year, on the lower side
24% below its 1-year high.
Traded more than usual. That is 211% of its average volume.
Ex-dividend date: November 20
14 days to go. Buy before this date to receive the dividend.
Holding long would have lost money
Bought 5 years ago, your return today would be -58.8%. The S&P 500 did +56% over the same period.
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Dividends are paid consistently
Pays 18.82% annually in dividends.
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Ownership is about average
Institutions hold 29.6%.
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Multiple ETFs hold this stock, but only a sliver
Buying this ETF gives you exposure to this stock as well.
Special products that amplify (leveraged) or invert this single stock. They decay quickly and are not for long-term holding.
It ranks #599 of 1436 in the industry
Based on market cap of $581M.
FAQ
What kind of CEF is IGR?
IGR is a closed-end fund (CEF).
What is the distribution yield of IGR?
IGR's distribution yield is approximately 18.82%, paid out on a regular basis.
What is the NAV of IGR?
IGR's NAV is $12.76, which can be compared to the market price to determine any discount or premium.
What are the assets under management of IGR?
IGR's assets under management (AUM) are approximately $613M.
What is the 52-week high and low for IGR?
IGR has recorded a 52-week high of $15.13 and a low of $10.54.