Get Cash Back and $0 Commissions
+ The Power of TradeStation
PRNewswire 29-Jan-2019 4:15 PM
PHILADELPHIA, Jan. 29, 2019 /PRNewswire/ -- Aberdeen Global Premier Properties Fund¹ (the "Fund") (NYSE:AWP), a closed-end equity fund, today provided updates on the Fund since the transition of management to Aberdeen Asset Managers Limited ("Aberdeen") on May 4, 2018, (the "transition date") including actions of the Board of Trustees in support of the Fund's discount, and performance data and portfolio composition as of December 31, 2018.
The Fund's total returns for various periods through December 31, 2018 are provided below. (All figures are based on distributions reinvested at the dividend reinvestment price, and are stated net-of-fees):
Cumulative as of 12/31/18 (%) |
Annualized as of 12/31/18 (%) |
|||||||
1 Month |
3 Month |
YTD |
1 Year |
3 Years |
5 Years |
10 Years |
Since |
|
NAV |
-5.5 |
-8.8 |
-12.9 |
-12.9 |
4.3 |
3.2 |
12.0 |
0.2 |
Market Price |
-9.0 |
-15.6 |
-18.5 |
-18.5 |
5.3 |
2.3 |
12.5 |
-1.6 |
NAREIT |
-4.9 |
-4.8 |
-5.6 |
-5.6 |
4.4 |
5.4 |
10.4 |
1.6 |
As of December 31, 2018, the Fund's net assets amounted to US$500.2 million with a net asset value per share of common stock of US$5.86.
As of December 31, 2018, the portfolio was invested as follows:
Portfolio Composition |
Percent of |
Real Estate Operating Companies |
13.8 |
Retail |
12.9 |
Diversified |
11.8 |
Industrial |
11.0 |
Office |
10.3 |
Real Estate Development |
8.7 |
Residential |
7.9 |
Healthcare |
7.8 |
Mortgage/Finance |
5.8 |
Lodging/Resorts |
4.8 |
Specialized REITs |
3.3 |
Other |
2.0 |
Country |
Geographic Exposure % |
United States |
46.9 |
Japan |
11.3 |
Germany |
7.4 |
China |
6.7 |
United Kingdom |
3.2 |
France |
2.9 |
Australia |
2.7 |
Singapore |
2.7 |
Canada |
2.4 |
Ireland |
1.9 |
India |
1.7 |
Mexico |
1.6 |
Spain |
1.4 |
Belgium |
1.1 |
Austria |
1.0 |
Sweden |
1.0 |
Chile |
0.7 |
Hong Kong |
0.6 |
Brazil |
0.6 |
Netherlands |
0.6 |
Italy |
0.3 |
The Fund's ten largest equity holdings as of December 31, 2018, representing 28.2% of total assets, were:
Holding |
Percent of |
Starwood Property Trust Inc. |
4.8 |
Prologis Inc. |
4.0 |
Welltower Inc. |
3.5 |
Simon Property Group Inc. |
2.8 |
ADO Properties S.A. |
2.8 |
AvalonBay Communities Inc. |
2.3 |
Realty Income Corporation |
2.1 |
Alexandria Real Estate Equities Inc. |
2.1 |
Duke Realty Corporation |
2.0 |
Equity LifeStyle Properties Inc. |
1.8 |
Important Information
Aberdeen Standard Investments Inc. has prepared this report based on information sources believed to be accurate and reliable. However, the figures are unaudited and neither the Fund, its investment adviser, nor any other person guarantees their accuracy. Investors should seek their own professional advice and should consider the investment objectives, risks, charges and expenses before acting on this information. Aberdeen is a U.S. registered service mark of Aberdeen Asset Management PLC.
Aberdeen Standard Investments is a brand of the investment businesses of Standard Life Aberdeen plc, its affiliates and subsidiaries. In the United States, Aberdeen Standard Investments is the marketing name for the following affiliated, registered investment advisers: Aberdeen Standard Investments Inc., Aberdeen Asset Managers Ltd., Aberdeen Standard Investments Australia Ltd., Aberdeen Standard Investments (Asia) Ltd., Aberdeen Capital Management, LLC, Aberdeen Standard Investments ETFs Advisors LLC and Standard Life Investments (Corporate Funds) Ltd.
Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that the Fund will achieve its investment objective.
Past performance is no guarantee of future results. Investment returns and principle value will fluctuate and shares, when sold, may be worth more or less than original cost. Current performance may be lower or higher than the performance quoted. NAV return data includes investment management fees, custodial charges and administrative fees (such as Director and legal fees) and assumes the reinvestment of all distributions. Returns for periods less than one year are not annualized. Holdings are subject to change and are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities shown. Inception date April 26, 2007.
If you wish to receive this information electronically, please contact Investor.Relations@aberdeenstandard.com
aberdeenawp.com
1As of May 7, 2018, the Fund name changed from the Alpine Total Dynamic Dividend Fund.
View original content to download multimedia:http://www.prnewswire.com/news-releases/aberdeen-global-premier-properties-fund-announces-performance-data-and-portfolio-composition-300786079.html
SOURCE Aberdeen Global Premier Properties Fund