Principal Real Estate Income Fund declares monthly distributions

NEW YORK - Principal Real Estate Income Fund (NYSE:PGZ) announced Tuesday it will pay monthly distributions of $0.105 per common share for August, September, and October 2025.

Based on the fund’s current net asset value of $11.52 per share as of June 27, 2025, the distributions represent an annualized distribution rate of 10.94%, according to a press release statement.

The distributions will be payable on August 29, September 30, and October 31, 2025, with corresponding ex-dates and record dates set for August 15, September 16, and October 17, 2025, respectively.

Principal Real Estate Income Fund is a closed-end fund that trades on the New York Stock Exchange with a market capitalization of $70.49 million. Unlike open-end mutual funds, closed-end funds trade in the secondary market at prices determined by market value, which may differ from their net asset value. The fund has demonstrated strong performance with a year-to-date return of 13.23%.

The fund is managed by ALPS Advisors, Inc. as the investment adviser, with Principal Real Estate Investors LLC serving as the sub-adviser. Principal Real Estate Investors manages $101.3 billion in commercial real estate assets as of March 31, 2025.

Shareholders will receive Form 1099-DIV in early 2026 specifying how the distributions should be characterized for tax reporting purposes, which may include ordinary income, long-term capital gain, or return of capital.

The fund invests in securities backed by commercial real estate assets, which are subject to market risks similar to direct ownership of commercial real estate. InvestingPro analysis reveals two key insights about PGZ: it has maintained dividend payments for 13 consecutive years and pays a significant dividend to shareholders. Subscribers can access additional exclusive insights on the platform.

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