Principal Real Estate Income Fund Discloses Distribution Sources and Performance Update

Principal Real Estate Income Fund (NYSE: PGZ) has announced the details of its distribution paid on July 31, 2025, amounting to $0.1050 per share for shareholders listed as of July 17, 2025. This distribution aligns with the fund's managed payout plan and is disclosed following an exemptive order from the U.S. Securities and Exchange Commission. The fund provided a breakdown of the estimated sources of this distribution, calculated according to GAAP principles. For the current payout, approximately 73.5% originates from net investment income, while about 26.5% is classified as a return of capital. Year-to-date, distributions have been primarily funded by investment income, with a significant portion also representing a return of capital. The fund emphasizes that its distributions may exceed its income, resulting in some payments being considered a return of invested capital, which does not necessarily reflect investment performance. Tax implications are determined based on IRS regulations, and investors will receive a Form 1099-DIV in 2026 detailing the tax treatment. Performance metrics indicate a year-to-date total return of approximately 5.76%, with an annualized distributio...