PRINCIPAL REAL ESTATE INCOME FUND DECLARES MONTHLY DISTRIBUTIONS OF $0.105 PER SHARE
Principal Real Estate Income Fund (NYSE: PGZ) has declared monthly distributions of $0.105 per common share, payable in November 2024, December 2024, and January 2025. Based on the Fund's current net asset value share price of $12.22 (as of September 26, 2024), these distributions represent an annualized distribution rate of 10.31%.
The Fund is designed as a long-term investment and involves risks, including potential loss of investment and exposure to below-investment grade investments. The Fund's net asset value and distribution rate may be affected by various factors, including market conditions and leverage use. Distributions may include net investment income, capital gains, and return of capital. Investors are advised to carefully consider the risks and investment objectives before investing.
The Fund trades on the secondary market as a closed-end fund, and share prices are based on market value. ALPS Advisors, Inc. serves as the investment adviser, while Principal Real Estate Investors is the sub-adviser.
Il Principal Real Estate Income Fund (NYSE: PGZ) ha dichiarato distribuzioni mensili di $0.105 per azione comune, pagabili a novembre 2024, dicembre 2024 e gennaio 2025. Basandosi sull'attuale valore patrimoniale netto per azione del Fondo di $12.22 (al 26 settembre 2024), queste distribuzioni rappresentano un tasso di distribuzione annualizzato del 10.31%.
Il Fondo è progettato come un investimento a lungo termine e comporta rischi, inclusa la potenziale perdita dell'investimento e l'esposizione a investimenti di grado inferiore. Il valore patrimoniale netto del Fondo e il tasso di distribuzione possono essere influenzati da vari fattori, inclusi le condizioni di mercato e l'uso della leva. Le distribuzioni possono includere reddito netto da investimenti, guadagni in capitale e restituzione di capitale. Si consiglia agli investitori di considerare attentamente i rischi e gli obiettivi di investimento prima di investire.
Il Fondo viene negoziato nel mercato secondario come fondo chiuso, e i prezzi delle azioni si basano sul valore di mercato. ALPS Advisors, Inc. funge da consulente agli investimenti, mentre Principal Real Estate Investors è il sub-consulente.
El Principal Real Estate Income Fund (NYSE: PGZ) ha declarado distribuciones mensuales de $0.105 por acción común, que se pagarán en noviembre 2024, diciembre 2024 y enero 2025. Basado en el valor neto actual de activos del Fondo de $12.22 (a partir del 26 de septiembre de 2024), estas distribuciones representan una tasa de distribución anualizada del 10.31%.
El Fondo está diseñado como una inversión a largo plazo y conlleva riesgos, incluyendo la posible pérdida de la inversión y la exposición a inversiones de grado inferior. El valor neto de activos del Fondo y la tasa de distribución pueden verse afectados por varios factores, incluyendo las condiciones del mercado y el uso de apalancamiento. Las distribuciones pueden incluir ingresos netos de inversiones, ganancias de capital y retorno de capital. Se aconseja a los inversores considerar cuidadosamente los riesgos y los objetivos de inversión antes de invertir.
El Fondo se negocia en el mercado secundario como un fondo cerrado, y los precios de las acciones se basan en el valor de mercado. ALPS Advisors, Inc. actúa como asesor de inversiones, mientras que Principal Real Estate Investors es el subasesor.
Principal Real Estate Income Fund (NYSE: PGZ)는 월 배당금을 $0.105 per common share로 선언하며, 이는 2024년 11월, 2024년 12월 및 2025년 1월에 지급됩니다. 2024년 9월 26일 기준으로 해당 펀드의 현재 순자산 가치 주가는 $12.22이며, 이 배당금은 연간 배당률 10.31%을 나타냅니다.
이 펀드는 장기 투자를 위해 설계되었으며, 투자 손실 및 투자 신용 등급 이하의 투자 노출 등 여러 위험을 포함합니다. 펀드의 순자산 가치 및 배당률은 시장 조건 및 레버리지 사용을 포함한 다양한 요소에 의해 영향을 받을 수 있습니다. 배당금에는 순 투자 소득, 자본 이익 및 자본 반환이 포함될 수 있습니다. 투자자는 투자하기 전에 위험 및 투자 목표를 신중히 고려해야 합니다.
이 펀드는 폐쇄형 펀드로서 2차 시장에서 거래되며, 주가는 시장 가치에 따라 결정됩니다. ALPS Advisors, Inc.가 투자 고문 역할을 하며, Principal Real Estate Investors는 하위 고문 역할을 합니다.
Le Principal Real Estate Income Fund (NYSE: PGZ) a déclaré des distributions mensuelles de $0.105 par action ordinaire, qui seront versées en novembre 2024, décembre 2024 et janvier 2025. Sur la base de la valeur nette d'actif par action actuelle du fonds de $12.22 (au 26 septembre 2024), ces distributions représentent un taux de distribution annualisé de 10.31%.
Le fonds est conçu comme un investissement à long terme et comporte des risques, y compris la perte potentielle de l'investissement et l'exposition à des investissements de qualité inférieure. La valeur nette d'actif du fonds et le taux de distribution peuvent être affectés par divers facteurs, y compris les conditions du marché et l'utilisation de l'effet de levier. Les distributions peuvent comprendre des revenus nets d'investissement, des gains en capital et un retour de capital. Les investisseurs sont conseillés à prendre en considération soigneusement les risques et les objectifs d'investissement avant d'investir.
Le fonds est négocié sur le marché secondaire en tant que fonds fermé, et les prix des actions sont basés sur la valeur du marché. ALPS Advisors, Inc. sert de conseiller en investissement, tandis que Principal Real Estate Investors est le sous-conseiller.
Der Principal Real Estate Income Fund (NYSE: PGZ) hat monatliche Ausschüttungen von $0.105 pro Stammaktie erklärt, die im November 2024, Dezember 2024 und Januar 2025 zahlbar sind. Basierend auf dem aktuellen Nettoinventarwert des Fonds von $12.22 (Stand 26. September 2024) stellen diese Ausschüttungen eine annualisierte Ausschüttungsrate von 10.31% dar.
Der Fonds ist als langfristige Investition konzipiert und beinhaltet Risiken, einschließlich potenziellen Investitionsverlusten und Exponierung gegenüber unter Investment-Grade-Investitionen. Der Nettoinventarwert des Fonds und die Ausschüttungsrate können durch verschiedene Faktoren beeinflusst werden, einschließlich Marktbedingungen und Leverage-Nutzung. Ausschüttungen können Nettoanlageerträge, Kapitalgewinne und Kapitalrückzahlungen enthalten. Investoren wird geraten, die Risiken und Anlageziele vor der Investition sorgfältig zu prüfen.
Der Fonds wird als geschlossener Fonds am Sekundärmarkt gehandelt, und die Aktienpreise basieren auf dem Marktwert. ALPS Advisors, Inc. fungiert als Anlageberater, während Principal Real Estate Investors der Unterberater ist.
- Monthly distributions of $0.105 per common share declared
- Annualized distribution rate of 10.31% based on current NAV
- Risk of receiving little or no return on investment
- Potential for loss of part or all of the investment
- Exposure to below-investment grade investments (junk bonds)
- Fluctuations in net asset value may be magnified due to leverage use
The following dates apply to the distributions declared:
Ex Date | Record Date | Payable Date |
November 8, 2024 | November 8, 2024 | November 22, 2024 |
December 16, 2024 | December 16, 2024 | December 31, 2024 |
January 16, 2025 | January 16, 2025 | January 31, 2025 |
RISKS
This press release is not for tax reporting purposes but is being provided to announce the amount of the Fund's distributions. In early 2025, after definitive information is available, the Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder's tax return (e.g., ordinary income, long-term capital gain or return of capital). An investment in the Fund is not appropriate for all investors and is not intended to be 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 may receive little or no return on your investment or that you may lose part or even all of your investment and exposure to below-investment grade investments (i.e., "junk bonds"). The Fund's net asset value will vary and its distribution rate may vary and both may be affected by numerous factors, including changes in the market spread over a specified benchmark, market interest rates and performance of the broader equity markets. Fluctuations in net asset value may be magnified as a result of the Fund's use of leverage. Therefore, before investing you should carefully consider the risks that you assume when you invest in the Fund's common shares.
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 the value of real estate, declines in rental or occupancy rates and risks related to general and local economic conditions.
The Fund's investment objectives and policies are not designed to seek to return the initial investment to investors that purchase shares.
Sources of distributions to shareholders may include net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. If a distribution includes anything other than net investment income, the fund provides a Section 19(a) notice of the best estimate of its distribution sources at that time, available at www.principalcef.com. These estimates may not match the final tax characterization (for the full year's distributions) contained in shareholders' 1099-DIV forms after the end of the year. Past performance is not a guarantee of future results.
An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain an annual report or semi-annual report which contains this and other information visit www.principalcef.com or call 855.838.9485. Please read them carefully before investing.
Shares of closed-end investment companies frequently trade at a discount from their net asset value and initial offering prices.
NOT 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 now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market's value.
ALPS Advisors, Inc. is the investment adviser to the Fund.
Principal Real Estate Investors LLC is the investment sub-adviser to the Fund. Principal Real Estate Investors LLC is not affiliated with ALPS Advisors, Inc. or any of its affiliates.
ALPS Portfolio Solutions Distributor, Inc. is the FINRA Member firm.
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
About SS&C ALPS Advisors
SS&C ALPS Advisors, a wholly-owned subsidiary of SS&C Technologies, is a leading provider of investment products for advisors and institutions. With over
About Principal Real Estate Investors
Principal Real Estate Investors manages or sub-advises
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SOURCE Principal Real Estate Income Fund
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