My financial advisor says with interest rates going up thus slowing the real estate market, it might be longer before IGR sees 10 again. So in effect they have lowered their rating on this CEF. I am holding onto what I have and enjoy the 6% dist. which I believe will stay in play. Good luck!
#1 The usual discount is back -10%
#2 Compared to the IYR index it looks like IGR is doing its normal cycle
#3 Compare 10 year gov bond chart with IGR (almost the inverse); therefore, when rates reverse buyers for real estate will return.