PRINCIPAL REAL ESTATE INCOME FUND
Principal Real Estate Income Fund (NYSE: PGZ) has announced its latest distribution of $0.1050 per share, paid on February 28, 2025, to shareholders of record as of February 13, 2025. The Fund disclosed that it has distributed more than its income, indicating that a portion of the distribution may represent a return of capital to investors.
The distribution is made under the Fund's managed distribution plan and complies with SEC requirements. The Fund notes that the final tax character of 2025 distributions will be determined in January 2026 and reported via IRS Form 1099-DIV. Shareholders are cautioned that return of capital distributions should not be confused with 'yield' or 'income' and do not necessarily reflect the Fund's investment performance.
Principal Real Estate Income Fund (NYSE: PGZ) ha annunciato la sua ultima distribuzione di $0,1050 per azione, pagata il 28 febbraio 2025, agli azionisti registrati al 13 febbraio 2025. Il Fondo ha rivelato di aver distribuito più del suo reddito, indicando che una parte della distribuzione potrebbe rappresentare un ritorno di capitale per gli investitori.
La distribuzione avviene nell'ambito del piano di distribuzione gestito dal Fondo e rispetta i requisiti della SEC. Il Fondo osserva che il carattere fiscale finale delle distribuzioni del 2025 sarà determinato a gennaio 2026 e riportato tramite il modulo IRS 1099-DIV. Gli azionisti sono avvertiti che le distribuzioni di ritorno di capitale non devono essere confuse con 'rendita' o 'reddito' e non riflettono necessariamente le prestazioni di investimento del Fondo.
Principal Real Estate Income Fund (NYSE: PGZ) ha anunciado su última distribución de $0.1050 por acción, pagada el 28 de febrero de 2025, a los accionistas registrados a partir del 13 de febrero de 2025. El Fondo reveló que ha distribuido más de sus ingresos, lo que indica que una parte de la distribución puede representar un retorno de capital para los inversores.
La distribución se realiza bajo el plan de distribución gestionado del Fondo y cumple con los requisitos de la SEC. El Fondo señala que el carácter fiscal final de las distribuciones de 2025 se determinará en enero de 2026 y se informará a través del formulario IRS 1099-DIV. Se advierte a los accionistas que las distribuciones de retorno de capital no deben confundirse con 'rendimiento' o 'ingresos' y no reflejan necesariamente el rendimiento de inversión del Fondo.
Principal Real Estate Income Fund (NYSE: PGZ)는 주당 $0.1050의 최신 배당금을 발표했으며, 이는 2025년 2월 28일에 지급되고 2025년 2월 13일 기준의 주주에게 지급됩니다. 이 기금은 배당금이 수익을 초과하여 배분되었음을 밝혔으며, 이는 배당금의 일부가 투자자에게 자본 환급으로 나타날 수 있음을 나타냅니다.
이 배당금은 기금의 관리 배당 계획에 따라 이루어지며 SEC 요구 사항을 준수합니다. 기금은 2025년 배당금의 최종 세금 성격이 2026년 1월에 결정되며 IRS 양식 1099-DIV를 통해 보고될 것이라고 언급했습니다. 주주들은 자본 환급 배당금이 '수익률'이나 '소득'과 혼동되지 않아야 하며, 반드시 기금의 투자 성과를 반영하지는 않는다고 주의해야 합니다.
Principal Real Estate Income Fund (NYSE: PGZ) a annoncé sa dernière distribution de 0,1050 $ par action, versée le 28 février 2025, aux actionnaires enregistrés au 13 février 2025. Le Fonds a révélé qu'il avait distribué plus que ses revenus, ce qui indique qu'une partie de la distribution pourrait représenter un retour de capital pour les investisseurs.
La distribution est effectuée dans le cadre du plan de distribution géré du Fonds et est conforme aux exigences de la SEC. Le Fonds note que le caractère fiscal final des distributions de 2025 sera déterminé en janvier 2026 et rapporté via le formulaire IRS 1099-DIV. Les actionnaires sont avertis que les distributions de retour de capital ne doivent pas être confondues avec le 'rendement' ou 'revenu' et ne reflètent pas nécessairement la performance d'investissement du Fonds.
Principal Real Estate Income Fund (NYSE: PGZ) hat seine letzte Ausschüttung von 0,1050 $ pro Aktie bekannt gegeben, die am 28. Februar 2025 an die Aktionäre ausgezahlt wird, die am 13. Februar 2025 im Aktienregister stehen. Der Fonds hat mitgeteilt, dass er mehr als sein Einkommen ausgeschüttet hat, was darauf hindeutet, dass ein Teil der Ausschüttung eine Rückzahlung von Kapital an die Investoren darstellen könnte.
Die Ausschüttung erfolgt im Rahmen des verwalteten Ausschüttungsplans des Fonds und erfüllt die Anforderungen der SEC. Der Fonds weist darauf hin, dass die endgültige steuerliche Charakterisierung der Ausschüttungen für 2025 im Januar 2026 bestimmt und über das IRS-Formular 1099-DIV berichtet wird. Aktionäre werden gewarnt, dass Rückzahlungen von Kapital nicht mit 'Ertrag' oder 'Einkommen' verwechselt werden sollten und nicht unbedingt die Investmentleistung des Fonds widerspiegeln.
- None.
- Distribution includes return of capital, indicating Fund is paying out more than its earned income
Announces Notification of Sources of Distribution
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
Current Distribution from: | ||
Per Share ($) | % | |
Net Investment Income | 0.0468 | 44.57 % |
Net Realized Short-Term Capital Gain | 0.0000 | 0.00 % |
Net Realized Long-Term Capital Gain | 0.0000 | 0.00 % |
Return of Capital or other Capital Source | 0.0582 | 55.43 % |
Total (per common share) | 0.1050 | 100.00 % |
Fiscal Year-to-Date Cumulative | ||
Distributions from: | ||
Per Share ($) | % | |
Net Investment Income | 0.1888 | 44.95 % |
Net Realized Short-Term Capital Gain | 0.0000 | 0.00 % |
Net Realized Long-Term Capital Gain | 0.0000 | 0.00 % |
Return of Capital or other Capital Source | 0.2312 | 55.05 % |
Total (per common share) | 0.4200 | 100.00 % |
The Fund estimates that it has distributed more than its income; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income'.
The timing and character of distributions for federal income tax purposes are determined in accordance with income tax regulations, which may differ from GAAP. As such, all or a portion of this distribution may be reportable as taxable income on your 2025 federal income tax return. The final tax character of any distribution declared in 2025 will be determined in January 2026 and reported to you on IRS Form 1099-DIV.
The amounts and sources of distributions reported in this 19(a) Notice are only estimates and not for tax reporting purposes. 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. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
Presented below are return figures, based on the change in the Fund's Net Asset Value per share ("NAV"), compared to the annualized distribution rate for this current distribution as a percentage of the NAV on the last day of the month prior to distribution record date.
Fund Performance & Distribution Information
Fiscal YTD (11/1/24 – 1/31/25) | |
Annualized Distribution Rate as % of NAV^ | 10.94 % |
Cumulative Distribution Rate on NAV^ | 3.65 % |
Cumulative Total Return on NAV* | 0.22 % |
Average Annual Total Return on NAV for the 5 Year | -3.45 % |
^ Based on the Fund's NAV as of January 31, 2025. | ||
*Cumulative fiscal year-to-date return is based on the change in NAV including distributions paid and assuming reinvestment of these | ||
**The 5 year average annual total return is based on change in NAV including distributions paid and assuming reinvestment of these |
While the NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market. Past performance does not guarantee future results. Shareholders should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.
Furthermore, the Board of Trustees reviews the amount of any potential distribution and the income, capital gain or capital available. The Board of Trustees will continue to monitor the Fund's distribution level, taking into consideration the Fund's net asset value and the financial market environment. The Fund's distribution policy is subject to modification by the Board of Trustees at any time. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
Please retain this document for your records.
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.
*Registered Representative of ALPS Distributors, Inc.
PRE000442 2/28/2026
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SOURCE Principal Real Estate Income Fund
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