Clarion Partners Real Estate Income Fund Inc.
CPREX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Jane Elizabeth Trust
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- New York United States of America
- IPO Date
- Sep 27, 2019
- Website
- franklintempleton.com
- Similar Companies
- Business
- Clarion Partners Real Estate Income Fund Inc. (CPREX) is a non-diversified, closed-end management investment company that provides individual investors with direct exposure to a diversified portfolio of income-producing private commercial real estate assets and real estate-related securities. The Fund invests primarily in equity and debt positions across major property sectors including industrial (46.76% of gross real estate), residential (32.32%), health care (10.36%), office (5.40%), and mixed-use (5.16%); it also allocates to publicly traded real estate securities such as commercial mortgage-backed securities (CMBS) and residential mortgage-backed securities (RMBS) managed by Western Asset Management Company, LLC, cash equivalents, and other income-generating real estate investments, with a conservative leverage ratio of 0.00% and daily NAV valuation at $11.40 as of December 9, 2025. Launched on September 27, 2019, and managed by investment sub-adviser Clarion Partners, LLC—an indirect majority-owned subsidiary of Franklin Resources, Inc. headquartered in New York with offices across the U.S. and Europe—the Fund targets current income and long-term capital appreciation through research-driven strategies emphasizing cash-flowing assets with growth prospects, diversified geographically within the U.S. As of November 30, 2025, total net assets stand at $1.17 billion across 34 investments. In recent developments, the Fund's Board of Directors approved a tender offer in November 2025 for up to 5.0% of its aggregate NAV (with potential for an additional 2.0%), providing quarterly liquidity to shareholders through Class S (CPRSX), T (CPRTX), D (CPRDX), and I (CPREX) shares; results of a prior tender offer were announced in October 2025. The Fund reported funds from operations (FFO), adjusted FFO (AFFO), and funds available for distribution (FAD) for January 1 to September 30, 2025, reflecting core operational performance amid a portfolio of high-quality, well-leased properties balancing income generation and capital growth. These updates underscore the Fund's ongoing commitment to transparency, investor accessibility under the 1940 Act structure, and strategic management by Clarion Partners, which oversees approximately $73.6 billion in real estate assets as of June 30, 2025.