IGR: Collecting An Income From Global Real Estate Exposure

Cain Lee
5.98K Followers
(13min)

Summary

  • IGR offers a high dividend yield of 13.6%, but its NAV has been declining due to poor internal performance and high interest rates.
  • The fund's global exposure and diverse sector focus are attractive, but it should increase its allocation to data center REITs for future growth.
  • IGR's premium valuation and the current high interest rate environment make it a hold, as potential rate cuts in 2025 remain uncertain.
  • The fund's poor dividend coverage and declining NAV growth are concerning, suggesting a need for performance improvement before considering an investment.

Silhouette Woman Global Real Estate

Pixsooz

Overview

Higher interest rates have continued to weigh on valuations for many REITs. There are so many REITs available to investors, it can be difficult to determine which best fits within your portfolio and matches your specific risk tolerance. This is

This article was written by

5.98K Followers
Financial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 15 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering high quality dividend stocks and other assets that offer potential for long term-growth that pack a serious punch for bill-paying potential. I use myself as an example that with a solid base of classic dividend growth stocks, sprinkling in some Business Development Companies, REITs, and Closed End Funds can be a highly efficient way to boost your investment income while still capturing a total return that follows traditional index funds. I create a hybrid system between growth and income and manage to still capture a total return that is on par with the S&P.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.

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