Cohen & Steers Global Income Builder Inc. of Beneficial Interest

Symbol: INB     Sector: Financial Services     Industry: Asset Management

Dividend Yield
Current Price

Dividend Data

Dividend Yield:8.71%
Dividend per Share:$ 0.7892
Next Ex-Div Date:2019-06-18
Next Div Payout:$ 0.0658
Payment Schedule:Monthly-
Payout Ratio (ttm)n.a.
Ø 3yr Growth Rate-1.56 %-0.62%
Ø 5yr Growth Rate-0.94 %-

Stock Data

Type:Common Stock
Exchange:New York Stock Exchange
Current Price (*):$ 9.07
Week 52 high:$ 9.76
Week 52 low:$ 7.16
Marketcap$ 196,013,316
Return on Equity19.58 %
P/E Ratio high0.00
P/E Ratio low0.00

General Info

About: The Investment Manager will construct the Funds investment portfolio primarily by allocating the Funds assets to selections from the five proprietary strategies used by the Investment Manager in managing other established Cohen & Steers portfolios (Select Strategies). Allocations and reallocations of the Funds assets to the Select Strategies will be determined by the Investment Managers senior portfolio managers in accordance with market conditions and available investment opportunities. Three primary factors will be considered in determining portfolio allocation: income potential, total return potential and diversification. The five proprietary strategies are: Global Large Cap Strategy: dividend paying common stocks of large capitalization companies with potential for attractive and sustainable dividend growth issued by companies across a variety of industries and sectors. Global Real Estate Strategy: real estate securities, including real estate investment trusts or REIT-like structures. Global Utility Strategy: common stocks and other equity securities issued by utility companies and master limited partnerships. Global Preferred Strategy: preferred securities, including traditional preferred securities and hybrid preferred securities. Closed-End Funds Strategy: common stocks of closed-end funds that invest significantly in equity or income-producing securities. The Fund intends to focus primarily on securities selected from the Global Large Cap Strategy. Based on market conditions at launch, the Fund initially expects to have 60% of its managed assets allocated to the Global Large Cap Strategy and 40% of its managed assets allocated among the Global Real Estate, Global Utility, Global Preferred and Closed-End Funds Strategies, although allocations among the Select Strategies will vary over time based on market conditions, perhaps significantly. The Fund may not be invested in securities from all of the Select Strategies at all times. The Fund also intends to write (sell) index and stock options on a portion of its portfolio with the intention of earning option premiums. Initially, the Fund intends to write options having an aggregate notional value equal to 40% to 60% of the value of the Funds portfolio, although the percentage will vary over time based on market conditions. The Fund also may seek to increase its current income through dividend capture trading.

Tags:  Asset Management    Financial Services