Principal Real Estate Income Fund Declares Monthly Distributions, Payable on August 30, 2024, September 30, 2024 and October 31, 2024 Respectively
July 01, 2024 at 09:30 pm
Share
Principal Real Estate Income Fund announced the declaration of monthly distributions of $0.105 per common share, payable on August 30, 2024, September 30, 2024 and October 31, 2024 respectively. Record Dates are August 16, 2024, September 16, 2024 and October 17, 2024 respectively. Ex Dates are August 16, 2024, September 16, 2024 and October 17, 2024 respectively.
Principal Real Estate Income Fund (the Fund) is a non-diversified, closed-end management investment company. The Fundâs investment objective is to seek to provide high current income, with capital appreciation as a secondary objective, by investing in commercial real estate-related securities. Under normal market conditions, the Fund invests at least 80% of its total assets in commercial real estate-related securities, primarily consisting of commercial mortgage-backed securities (CMBS) and other United States and non-United States real estate-related securities (primarily real estate investment trusts (REITs) or REIT-like entities). Under normal circumstances, the Fund invests between 40% and 70% of its total assets in CMBS and invests between 30% and 60% in other real estate-related securities (including REITs). The Fund's investment adviser is ALPS Advisors, Inc. The Fund's investment sub-adviser is Principal Real Estate Investors, LLC.
PRINCIPAL REAL ESTATE INCOME FUND 
