abrdn Global Premier Property (AWP) operates as a closed-end fund that aims to provide current income from its portfolio of real estate holdings. AWP trades at a slight premium to NAV. However, future interest rate cuts serve as a short term growth catalyst and may increase this premium. If all you want is real estate exposure without the income aspect, you would likely be better off with a traditional ETF like VNQ.
AWP has underperformed US REIT and US divided focused ETFs. The managed distribution policy is not funded by dividends from its holdings and forces management to trade for capital gains or return capital. This is a higher-risk investment than a traditional REIT ETF given leverage/debt and currency risk that has not paid to own.
Whether during your career or in retirement, greater payment frequency brings flexibility in budgeting. Monthly dividends allow for quick reinvestment and efficient compounding. Three monthly paying securities were discussed with yields up to 12%.
AWP boasts of a 12.7% yield. Its price has dropped 81% over the last 17 years. We tell you why and give you two great alternatives, including one with a 13.5% yield.
Real estate has been the cornerstone of human evolution, transforming from a basic necessity to a symbol of wealth and prosperity. Ownership of real estate can bring a flood of passive income into your portfolio. REITs offer the same potential, with lower barriers to entry and better diversification. We discuss two bargain REIT investments offering up to ~12% yields.