Principal Real Estate Income Fund announced the declaration of monthly distribution of $0.105 per common share, payable on August 31, 2022, September 30, 2022, and October 31, 2022, with record date of August 17, 2022, September 16, 2022, and October 14, 2022 and ex-date is August 16, 2022, September 15, 2022, and October 13, 2022, respectively. Based on the Fund's current net asset value share price of $14.82 (as of market close on June 27, 2022), the distributions represent an annualized distribution rate of 8.50%.