Principal Real Estate Income Fund Declares Monthly Distributions, Payable on the Dates February 28, 2020, March 31, 2020 and April 30, 2020
January 06, 2020 at 04:30 pm EST
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Principal Real Estate Income Fund declared a monthly distributions of $0.11 per common share, payable on the dates February 28, 2020, March 31, 2020 and April 30, 2020. Record dates are February 14, 2020, March 17, 2020 and April 16, 2020 with Ex Date of February 13, 2020, March 16, 2020 and April 15, 2020 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 
