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 forwards, rate forwards, and interest rate futures to invest in securities. The fund employs fundamental analysis with a combination of top-down and bottom-up stock picking approach while focusing on factors such as macro outlook on the economy, real estate cycle and real estate fundamentals, shorter-term tactical allocation shifts upon a continual assessment of market valuations, quantitative, analysis, and technical indicators to create it portfolio. Principal Real Estate Income Fund was formed on August 31, 2012 and is domiciled in the United States.
Industry, Sector and Symbol
Industry Asset Management
Sub-IndustryN/A
SectorFinancial Services
Phone+1-303-6232577
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
Next Earnings DateN/A
OptionableNot Optionable
Principal Real Estate Income Fund (NYSE:PGZ) Frequently Asked Questions
What is Principal Real Estate Income Fund's stock symbol?
Principal Real Estate Income Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "PGZ."
How often does Principal Real Estate Income Fund pay dividends? What is the dividend yield for Principal Real Estate Income Fund?
Principal Real Estate Income Fund announced a monthly dividend on Friday, April 5th. Investors of record on Wednesday, July 17th will be given a dividend of $0.11 per share on Wednesday, July 31st. This represents a $1.32 dividend on an annualized basis and a yield of 7.04%. The ex-dividend date of this dividend is Tuesday, July 16th. View Principal Real Estate Income Fund's Dividend History.
Has Principal Real Estate Income Fund been receiving favorable news coverage?
News stories about PGZ stock have trended neutral on Wednesday, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Principal Real Estate Income Fund earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near term.
Who are some of Principal Real Estate Income Fund's key competitors?
Some companies that are related to Principal Real Estate Income Fund include 1ST TR ENERGY I/SH (FIF), 3i Group (TGOPF), 8IP Emerging Companies (8EC), Aberdeen Australia Equity Fund (IAF), Aberdeen New Dawn Investment Trust (ABD), Absolute Equity Performance Fund (AEG), Ackermans & van Haaren (ACKB), Advent Claymore Convertible Sec & Inc Fd (AVK), AGF Management (AGF.B), Alcentra European Flotng Rt Incm Fd (AEFS), All Asia Asset Capital (AAA), Alliance Trust (ATST), Allianzgi Diversified Incm and Cnvrtb Fd (ACV), AllianzGI Equity & Convertible Income FD (NIE) and Alpine Global Premier Properties Fund (AWP).
What other stocks do shareholders of Principal Real Estate Income Fund own?
Who are Principal Real Estate Income Fund's key executives?
Principal Real Estate Income Fund's management team includes the folowing people:
- Mr. Thomas Anthony Carter CPA, Chairman, Principal Exec. Officer and Pres (Age 53)
- Mr. Patrick D. Buchanan, Sr. Fund Controller and VP
- Mr. Lucas D. Foss, Chief Compliance Officer (Age 41)
- Ms. Jennifer Tomasz Welsh, Sec. (Age 41)
Who are Principal Real Estate Income Fund's major shareholders?
Principal Real Estate Income Fund's stock is owned by a number of of retail and institutional investors. Top institutional investors include First Trust Advisors LP (0.00%), Wells Fargo & Company MN (0.00%), Morgan Stanley (0.00%), Cardan Capital Partners LLC (0.00%), Advisor Group Inc. (0.00%) and Thomas J. Herzfeld Advisors Inc. (0.00%). Company insiders that own Principal Real Estate Income Fund stock include Brian Kerzner, Ernest J Scalberg, Robert William Baxter and Timothy Moody. View Institutional Ownership Trends for Principal Real Estate Income Fund.
Which institutional investors are selling Principal Real Estate Income Fund stock?
Which institutional investors are buying Principal Real Estate Income Fund stock?
PGZ stock was purchased by a variety of institutional investors in the last quarter, including Cardan Capital Partners LLC, Morgan Stanley, 6 Meridian, Ladenburg Thalmann Financial Services Inc., First Trust Advisors LP, Thomas J. Herzfeld Advisors Inc., Park Avenue Securities LLC and Envestnet Asset Management Inc.. Company insiders that have bought Principal Real Estate Income Fund stock in the last two years include Brian Kerzner, Robert William Baxter and Timothy Moody. View Insider Buying and Selling for Principal Real Estate Income Fund.
How do I buy shares of Principal Real Estate Income Fund?
Shares of PGZ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Principal Real Estate Income Fund's stock price today?
One share of PGZ stock can currently be purchased for approximately $18.7621.
What is Principal Real Estate Income Fund's official website?
How can I contact Principal Real Estate Income Fund?
Principal Real Estate Income Fund's mailing address is 1290 N Broadway Ste 1100, DENVER, CO 80203-5603, United States. The company can be reached via phone at +1-303-6232577.
MarketBeat Community Rating for Principal Real Estate Income Fund (NYSE PGZ)
MarketBeat's community ratings are surveys of what our community members think about Principal Real Estate Income Fund and other stocks. Vote "Outperform" if you believe PGZ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PGZ will underperform the S&P 500 over the long term. You may vote once every thirty days.
