Principal Real Estate Income Fund Declares Monthly Distributions, Payable on November 30, 2021, December 31, 2021 and January 31, 2022
October 01, 2021 at 04:30 pm EDT
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Principal Real Estate Income Fund announce a 2.94% increase in its monthly distributions to $0.0875 per share beginning in November, payable on the dates noted below. Ex Dates are November 10, 2021, December 15, 2021 and January 13, 2022. Record Dates are November 12, 2021, December 16, 2021 and January 14, 2022. Payable Date are November 30, 2021, December 31, 2021 and January 31, 2022 respectively.
Principal Real Estate Income Fund (the Fund) is a non-diversified, closed-end management investment company. The Fundâs investment objective is to seek to provide high current income, with capital appreciation as a secondary objective, by investing in commercial real estate-related securities. Under normal market conditions, the Fund invests at least 80% of its total assets in commercial real estate-related securities, primarily consisting of commercial mortgage-backed securities (CMBS) and other United States and non-United States real estate-related securities (primarily real estate investment trusts (REITs) or REIT-like entities). Under normal circumstances, the Fund invests between 40% and 70% of its total assets in CMBS and invests between 30% and 60% in other real estate-related securities (including REITs). The Fund's investment adviser is ALPS Advisors, Inc. The Fund's investment sub-adviser is Principal Real Estate Investors, LLC.
PRINCIPAL REAL ESTATE INCOME FUND 
