Principal Real Estate Income Fund increases monthly distributions by 2.94% to $ 0.0875 per share


DENVER, October 1, 2021 / PRNewswire / – Principal Real Estate Income Fund (the “Fund”), which trades on the New York Stock Exchange under the symbol “PGZ”, is pleased to announce a 2.94% increase in its monthly distributions of $ 0.0875 per share from November, payable on the dates indicated below. Based on the current net asset value of the Fund’s share $ 17.43 (at market close on September 27, 2021), the distributions represent an annualized payout rate of 6.02%.

The following dates apply to declared distributions:

Date of departure

Registration Date

Payment date

November 10, 2021

November 12, 2021

November 30, 2021

December 15, 2021

December 16, 2021

December 31, 2021

January 13, 2022

January 14, 2022

January 31, 2022


This press release is not intended for tax reporting purposes, but is provided to announce the amount of distributions from the Fund. In early 2022, once final information is available, the Fund will send shareholders a Form 1099-DIV, if applicable, specifying how distributions paid by the Fund during the previous calendar year are to be characterized for the purposes of to declare distributions on the tax of a shareholder. (for example, ordinary income, long-term capital gain or return of capital). An investment in the Fund is not suitable for all investors and is not intended to constitute a complete investment program. The Fund is designed as a long term investment and not as a trading vehicle.

Investing in the Fund involves risks, including the risk that you will receive little or no return on your investment or that you will lose some or even all of your investment and exposure to lower quality investments (that is, ie “junk bonds”). The net asset value of the Fund will vary and its payout rate may vary and both may be affected by many factors, including changes in the market from a specified benchmark, market interest rates and market performance. scholarship holders in the broad sense. Fluctuations in the net asset value may be amplified due to the use of leverage by the Fund. Therefore, before investing, you should carefully consider the risks you assume when investing in the common shares of the Fund.

Securities backed by commercial real estate assets are subject to market risks similar to those of direct ownership of commercial real estate assets, including, but not limited to, declines in real estate values, decreases in interest rates rental or occupancy and risks related to local economic conditions.

The investment objectives and policies of the Fund are not designed to seek to return the initial investment to investors who purchase shares.

Sources of distribution to shareholders may include net investment income, net short-term realized capital gains, long-term net realized capital gains and return of capital. The actual amounts and the sources of the amounts for tax reporting purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to change depending on tax regulations. If a distribution includes anything other than net investment income, the fund provides a notice under section 19 (a) of the best estimate of its sources of distribution at that time, available at www.principalcef. com. These estimates may not match the final tax qualification (for full year distributions) contained in shareholders’ 1099-DIV forms after year end. Past performance is no guarantee of future results.

An investor should carefully consider the investment objectives, risks, fees and expenses before investing. For an annual or semi-annual report containing this and other information, visit or call 855.838.9485. Please read them carefully before investing.

The shares of closed-end investment companies frequently trade at a discount to their net asset value and the initial offering prices.

NON FDIC INSURED | may lose value | No bank guarantee

The Fund is a closed-end fund and does not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund has now traded on the secondary market. Investors wishing to buy or sell shares must place orders through an intermediary or broker. The share price of a closed fund is based on the market value.

ALPS Advisors, Inc. is the Fund’s investment advisor.

Principal Real Estate Investors LLC is the Fund’s investment sub-advisor. Principal Real Estate Investors LLC is not affiliated with ALPS Advisors, Inc. or any of its affiliates.

ALPS Portfolio Solutions Distributor, Inc. is the member firm of FINRA.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 18,000 financial services and healthcare organizations, from the world’s largest companies to small and medium-sized enterprises, trust SS&C for expertise, scale and technology. Additional information on SS&C (Nasdaq: SSNC) is available at

About SS&C | ALPS advisers

ALPS Advisors, Inc., a wholly owned subsidiary of SS&C Technologies, Inc., is a leading provider of investment products for advisors and institutions. With over $ 18.5 billion in assets under management at June 30, 2021, the company is an open-architecture investment management boutique offering portfolio building blocks, an active vision and an unwavering desire to guide clients to investment results through sustainable income, thematic and growth strategies. alternative. For more information, visit

About the main real estate investors

The main real estate investors manage or under-advise $ 96.0 billion in commercial real estate assets, at June 30, 2021. The company’s real estate capabilities include both public and private investment and debt investment alternatives. Principal Real Estate Investors is the dedicated real estate group of Principal Global Investors, a diversified asset management organization and a member of Principal Financial Group®.


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SOURCE Primary Real Estate Income Fund


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