AWP: 12% Yield, 2% Total Returns, And 3% Premium Equals 100% Regret

2025-09-19 12:12:47 ET

Yes, that's our equation and we are sticking to it.

We have lost the wager on how silly things would get in this market. That, of course, has not changed our mission to keep pointing out the risks with ownership of poor stocks, ETFs and CEFs. Today we tackle abrdn Global Premier Property ( AWP ). AWP started at the unfortunate point just before the global financial crisis with a starting IPO price of (checks notes) $20.00 per share....

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