Principal Real Estate Income Fund (PGZ)

NYSE: PGZ · Real-Time Price · USD
10.70
-0.01 (-0.09%)
Dec 4, 2024, 4:00 PM EST - Market closed
-0.09%
Market Value 71.63M
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 6.69M
EPS (ttm) n/a
PE Ratio n/a
Forward PE n/a
Dividend $1.26 (11.78%)
Ex-Dividend Date Jan 16, 2025
Volume 10,947
Open 10.71
Previous Close 10.71
Day's Range 10.68 - 10.77
52-Week Range 9.03 - 11.31
Beta 1.07
Analysts n/a
Price Target n/a
Earnings Date n/a

About PGZ

Principal Real Estate Income Fund is a closed ended balanced mutual fund launched and managed by ALPS Advisers, Inc. It is co-managed by Principal Real Estate Investors, LLC. The fund invests in public equity and fixed income markets of the United States. It seeks to invest in commercial mortgage backed securities, real estate investment trusts and REIT-like entities. The fund invests in value stocks of companies. It uses financial derivatives such as credit default swaps, interest rate swaps, caps, floors and collars, currency futures and forw... [Read more]

Sector Financials
Founded 2012
Country United States
Stock Exchange NYSE
Ticker Symbol PGZ
Full Company Profile

News

Principal Real Estate Income Fund Announces Notification of Sources of Distribution

DENVER , Oct. 31, 2024 /PRNewswire/ -- The Principal Real Estate Income Fund (NYSE: PGZ) announces the sources of a distribution paid on October 31, 2024 of $0.1050 per share to shareholders of record...

4 weeks ago - PRNewsWire

PRINCIPAL REAL ESTATE INCOME FUND ANNOUNCES RESULTS OF VOTE FOR TRUSTEES

DENVER , April 16, 2024 /PRNewswire/ -- During the Annual Meeting of Shareholders of the Principal Real Estate Income Fund (NYSE: PGZ, the "Fund"), held on April 12th, 2024, the two Trustees nominated...

8 months ago - PRNewsWire

Principal Real Estate Fund Announces Notification of Sources of Distribution

DENVER, March 28, 2024 /PRNewswire/ -- The Principal Real Estate Income Fund (NYSE: PGZ) announces the sources of a distribution paid on March 28, 2024 of $0.1050 per share to shareholders of record a...

8 months ago - PRNewsWire

Earn Up To 14% Dividend Yield From REIT CEFs

REIT closed-end funds, or CEFs, are offering historically high dividend yields. Some yield as much as 14% right now. Is this an opportunity? We highlight various REIT CEFs and explain which is our fav...

Other symbols: AWPCBRECNSIGRJRSNRORFI
10 months ago - Seeking Alpha

The Month In Closed-End Funds: January 2024

For the first month in three, equity CEFs (-0.59% on a NAV basis) suffered losses while their fixed-income CEF (+0.49%) counterparts on average posted plus-side returns. At month-end, 11% of all CEFs ...

Other symbols: DMOEOIETJETYHNWIHTAJLS
10 months ago - Seeking Alpha

PRINCIPAL REAL ESTATE INCOME FUND

Principal Real Estate Fund Announces Notification of Sources of Distribution DENVER , May 31, 2023 /PRNewswire/ -- The Principal Real Estate Income Fund (NYSE:PGZ) announces the sources of a distribut...

1 year ago - PRNewsWire

PGZ: With Regional Bank Weakness, CRE Is In Trouble (Rating Downgrade)

The Principal Real Estate Income Fund is a closed end fund focused on fixed income. PGZ has a significant amount of mezz CMBS collateral.

1 year ago - Seeking Alpha

The 'High-High-Low' Closed-End Fund Report, December 2022

Only funds with yields over 8%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given.

2 years ago - Seeking Alpha

PGZ: CMBS CEF, 40% Upside Once It Bottoms

The Principal Real Estate Income Fund is a closed-end fund in the fixed-income space. The CEF focuses on below-investment-grade CMBS tranches and REIT Equity.

2 years ago - Seeking Alpha

'High-High-Low' Closed-End Fund Report, November 2022

Only funds with yields over 8%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Other symbols: ARDCBGBBGHBGXBWGDCFDSL
2 years ago - Seeking Alpha

The 'High-High-Low' Closed-End Fund Report, August 2022

Only funds with yields over 6.5%, coverage higher than 85%, and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Other symbols: BGBBGXBSLDCFDFPDHFDLY
2 years ago - Seeking Alpha

Closed-End Funds: Midyear Check On The Real Estate Space

Real estate hasn't been a particularly strong area to invest in through 2022. It hasn't provided any meaningful shelter despite being a natural inflation hedge.

Other symbols: AWPIGRJRSNRORFIRLTYRNP
2 years ago - Seeking Alpha

The 'High-High-Low' Closed-End Fund Report, July 2022

Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Other symbols: BGBBGHBGXBSLDCFDFPDHF
2 years ago - Seeking Alpha

Closed-End Funds: A Check On The Real Estate Space

Real estate and REITs are some of my favorite places to invest; REITs typically generate reliable and steady cash flows.

Other symbols: AWPIGRJRSNRORFIRNPRQI
3 years ago - Seeking Alpha

YH Weekly Commentary Peak

Stocks finished the week up nicely with the S&P 500 up nearly 1% and the Nasdaq up just over 1%, for all new record highs.

Other symbols: DMBEADMAVMHDNMZPCMWDI
3 years ago - Seeking Alpha

Quick Notes On PGZ

A former top entrant, PGZ no longer makes the cut in the High-High-Low report due to declining coverage to 70%. Earnings have shown a serious decline over the last months as we expected.

4 years ago - Seeking Alpha

High-Yield REIT CEFs And ETFs: No Free Lunch

"Cheap REITs Got Cheaper" was a prevailing theme of 2020. High-yield real estate ETFs and CEFs underperformed in 2020 on average, but there were a few strategies that proved resilient. High-Yield ETFs...

4 years ago - Seeking Alpha

The 'High-High-Low' Closed-End Fund Report, December 2020

Only funds with yield over 7.5%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Other symbols: DSLKIO
4 years ago - Seeking Alpha

Principal Real Estate Income Fund Is In Tough Sector With Tax Loss Selling Pressure, But Looks Cheap

The fund is one of the worst performers in the last year having lost half of its value and deleveraging back in March/April. The distribution was recently cut to 8 cents per share per month from 11 ce...

4 years ago - Seeking Alpha

PGZ: A Contrarian Play On Commercial Real Estate With An 8.8% Yield

PGZ holds the riskier tranches of commercial mortgage-backed securities (CMBS).

4 years ago - Seeking Alpha

PGZ: Questions Remain On This Deeply Discounted CEF

PGZ faces a number of headwinds - its lower quality overweight in cyclical real estate sectors and a sharp drop in earnings capacity.

4 years ago - Seeking Alpha

Principal Real Estate Inc Fund: Top-Performing CEF With A Unique Strategy

We have a cautious outlook on real estate but view PGZ as a quality pick and would look to buy on any material pullback.

5 years ago - Seeking Alpha

5 Best CEFs To Buy For October 2019

For income investors, closed-end funds are an attractive investment class that covers a variety of asset classes and promises high distributions and a reasonable total return.

Other symbols: BGTFPFHTDUTG
5 years ago - Seeking Alpha

3 Monthly 7% High Yielders, Beating The Market In 2019, Selling At Discounts - No K-1s

The yields are 7% to 7.5%, and all three pay monthly.

Other symbols: RNPRQI
6 years ago - Seeking Alpha