Evaluating Closed-End Funds: AWP For International Real Estate And Sustainable Distribution

Aug. 26, 2021 10:24 AM ETabrdn Global Premier Property (AWP)AWP38 Comments

Summary

  • At 7.3%, the yield is attractive if the distribution can be sustained.
  • I continue my series digging into CEFs beyond the yield.
  • With increasing NAV and a growing economy, the distribution looks sustainable to me.
  • AWP isn't cheap, but it is a good value.
  • Looking for a helping hand in the market? Members of High Dividend Opportunities get exclusive ideas and guidance to navigate any climate. Learn More »
dog money and piggy bank
damedeeso/iStock via Getty Images

Investment Thesis

This article will take a look at Aberdeen Global Premier Properties Fund (NYSE:AWP). The 7.3% yield is attractive since the distribution has been well covered and looks to continue that way. I wouldn't back up the truck, but if you

High Dividend Opportunities Asks, Are You Feeling Lucky?

You don't need luck to see success, but being part of the largest and most exciting community of income investors and retirees vastly improves your chances. Our Income Method generates strong returns, regardless of market volatility, making retirement investing simple, straightforward, and less stressful!


Invest with the Best! Join us for instant access to our model portfolio targeting +9% yield, our bond and preferred stock portfolio, and income tracking tools. Don't miss out on the Power of Dividends! Start your free two-week trial today!


This article was written by

12.48K Followers

PendragonY is a software engineer and has been developing applications for various industries for over 30 years. He has been managing his own investments for 40+ years. Formerly a value investor, he switched over to a more income based approach after the 2008 financial crisis.

PendragonY contributes to the investing group High Dividend Opportunities led by Rida Morwa and a team of other top Seeking Alpha income investing analysts. The service focuses on sustainable income through a variety of high yield investments with a targeted safe +9% yield. Features include: model portfolio with buy/sell alerts, preferred and baby bond portfolios for more conservative investors, vibrant and active chat with access to the service’s leaders, dividend and portfolio trackers, and regular market updates. The service philosophy focuses on community, education, and the belief that nobody should invest alone. Learn More.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of AWP either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About AWP Ticker

SymbolLast Price% Chg
Expense Ratio
Div Frequency
Div Rate
Yield
Assets (AUM)
Volume
Compare to Peers

More on AWP

Related Stocks

SymbolLast Price% Chg
AWP
--