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Abrdn Global Premier Properties Fund remains a hold due to weak NAV growth and risky payout despite high yield.

Market News
20 Jul 2026, 05:46 WIB
Seeking Alpha
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Bearish
Abrdn Global Premier Properties Fund remains a hold due to weak NAV growth and risky payout despite high yield.

Abrdn Global Premier Properties Fund (AWP) is rated a hold because of inconsistent earnings and weak net asset value (NAV) growth, despite offering a high yield of 11.7%. The fund currently trades at a premium to NAV, making entry relatively expensive compared to its historical average. Most of the distributions this year are classified as return of capital, which pressures long-term NAV growth and raises concerns about payout sustainability. Additionally, AWP's leverage and high payout policy increase risks in a rising interest rate environment, and it underperforms more efficient peers like RNP.

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