Welcome to our dedicated page for Principal Real Estate Income news (Ticker: PGZ), a resource for investors and traders seeking the latest updates and insights on Principal Real Estate Income stock.
Principal Real Estate Income Fund (PGZ) provides investors with income-focused exposure to global commercial real estate markets through its closed-end structure. This news hub offers timely updates on the Fund's strategic initiatives, portfolio adjustments, and regulatory filings.
Access all official press releases and market analyses in one centralized location. Track updates on PGZ's managed distribution plan, geographic expansion efforts, and commercial property market positions. Content spans quarterly earnings reports, capital allocation decisions, and responses to real estate market trends.
Bookmark this page for direct access to verified information about PGZ's investment activities. Monitor how the Fund navigates interest rate environments, property valuations, and international market conditions through its disclosed operational updates.
The Principal Real Estate Income Fund (NYSE:PGZ) has announced the sources of its distribution paid on September 30, 2024, of $0.1050 per share to shareholders of record as of September 16, 2024. The distribution breakdown is as follows:
- 45.90% from Net Investment Income
- 54.10% from Return of Capital or other Capital Source
The Fund's fiscal year-to-date cumulative distribution shows similar proportions. The Fund estimates it has distributed more than its income, indicating a portion of the distribution may be a return of capital. The annualized distribution rate is 10.54% of NAV, with a cumulative total return on NAV of 35.03% for the fiscal year-to-date. However, the average annual total return on NAV for the 5-year period ended August 31, 2024, is -2.52%.
The Principal Real Estate Income Fund (NYSE:PGZ) has announced its distribution sources for the payment of $0.1050 per share on August 30, 2024. The distribution breakdown is as follows:
- 34.00% from Net Investment Income
- 66.00% from Return of Capital or other Capital Source
The Fund's fiscal year-to-date cumulative distribution shows 46.17% from Net Investment Income and 53.83% from Return of Capital. The Fund's annualized distribution rate is 10.86% of NAV, with a cumulative total return on NAV of 29.74% for the fiscal year. However, the 5-year average annual total return on NAV is -2.67%. Shareholders are cautioned that the distribution may include a return of capital, which does not reflect the Fund's investment performance.
The Principal Real Estate Income Fund (NYSE:PGZ) has announced its distribution sources for July 31, 2024. Shareholders of record on July 17, 2024, received $0.1050 per share. The distribution breakdown is as follows:
- 66.10% from Net Investment Income
- 33.90% from Return of Capital or other Capital Source
The Fund's fiscal year-to-date performance shows a cumulative total return on NAV of 26.14%. However, the 5-year average annual total return is -3.05%. The current annualized distribution rate is 11.06% of NAV. Investors should note that the Fund has distributed more than its income, indicating a portion of the distribution may be a return of capital.
Principal Real Estate Income Fund (PGZ), listed on the NYSE, has announced monthly distributions of $0.105 per share, with an annualized distribution rate of 11.11% based on the current NAV of $11.34 as of June 26, 2024. The distribution dates are set for August 30, September 30, and October 31, 2024. Investors are advised to consider the risks, including potential loss of investment and exposure to below-investment-grade investments. Share prices may fluctuate due to the Fund's use of leverage and market conditions. Additional details and tax information will be provided in early 2025 via Form 1099-DIV. For full reports and more information, visit www.principalcef.com.
The Principal Real Estate Income Fund (NYSE: PGZ) announced a distribution of $0.1050 per share paid on May 31, 2024, under its managed distribution plan. This distribution includes 49.33% from net investment income and 50.67% from return of capital, indicating the fund has distributed more than its income. Fiscal year-to-date, the fund has distributed $0.7350 per share, with 45.77% from net investment income and 54.23% from return of capital. The fund's annualized distribution rate as a percentage of NAV is 11.34%, while its cumulative total return on NAV is 20.54%. However, the average annual total return on NAV over five years is -3.22%. The distribution may be partially taxable and the final tax character will be reported in January 2025.
The Principal Real Estate Income Fund (NYSE: PGZ) has announced the sources of a distribution paid on April 30, 2024, of $0.1050 per share to shareholders of record as of April 16, 2024. The distribution comprised net investment income, return of capital, and no realized capital gains. The Fund may have distributed more than its income, and a portion may be a return of capital. Shareholders should be aware of the tax implications and the performance of the Fund.
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