Shares of CBRE Clarion Global Real Estate Income Fund (NYSE:IGR) traded at a new 52-week high today of $8.14. This new high was reached on below average trading volume as 100,000 shares traded hands, while the average 30-day volume is approximately 345,000 shares.
CBRE Clarion Global Real Estate Income Fund is the United States based diversified, closed-end management investment company. Its objective is high current income and its secondary objective is capital appreciation. The fund invests a majority of its total assets in income-producing real estate securities located mainly in the developed markets of North America, Europe, Australia, and Asia. Its portfolio of investments consists of different sectors such as diversified, retail, industrial, residential, hotels, healthcare, and other sectors.
Over the past year, CBRE Clarion Global Real Estate Income Fund has traded in a range of $5.01 to $8.14 and is now at $8.10, 62% above that low.
CBRE Clarion Global Real Estate Income Fund (NYSE:IGR) is currently priced 0.8% above its average consensus analyst price target of $8.04.
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