Principal Real Estate Income Fund (PGZ) Stock Price, News & Analysis

Company Overview

Principal Real Estate Income Fund (NYSE: PGZ) is a non-diversified, closed-end management investment company that seeks to provide current income and capital appreciation by investing primarily in real estate equity and debt securities. Organized as a real estate investment trust (REIT), the fund focuses on publicly traded real estate investment trusts and real estate operating companies in order to offer shareholders broad exposure to property markets without direct ownership of real estate assets.

The fund’s investment strategy emphasizes a diversified portfolio of domestic and global real estate securities across a range of property sectors, including industrial, office, retail, multifamily and specialized assets such as data centers and healthcare facilities. In addition to equity REITs, Principal Real Estate Income Fund may allocate to real estate debt instruments, including mortgage-backed securities and corporate debt issued by real estate entities, enabling flexible positioning based on interest rate expectations and credit considerations.

Since its inception in 1999, Principal Real Estate Income Fund has been managed by Principal Asset Management, a division of Principal Financial Group. The fund leverages the research capabilities and market insights of Principal Real Estate Investors, a dedicated real estate investment arm with more than four decades of experience. Principal Real Estate Investors maintains regional teams in North America, Europe and Asia-Pacific to identify market trends and uncover long-term value opportunities for closed-end fund shareholders.

Governed by an independent board of trustees, Principal Real Estate Income Fund operates under a board-managed structure typical of closed-end funds. The day-to-day portfolio management is led by an experienced team of analysts and portfolio managers at Principal Asset Management. By combining a disciplined research framework with active sector rotation and rigorous credit analysis, the fund aims to navigate market cycles and deliver competitive income profiles for investors seeking real estate exposure within a liquid, equity-listed vehicle.

Key Stats

• Today's Range: $10.39 to $10.46
• 50-Day Range: $10.14 to $10.58
• 52-Week Range: $9.24 to $11.31
• Volume: 8,108 shs
• Average Volume: 28,613 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 12.11%
• Price Target: N/A
• Consensus Rating: N/A

PGZ Stock Analysis - Frequently Asked Questions

How have PGZ shares performed this year?

Principal Real Estate Income Fund's stock was trading at $9.88 on January 1st, 2025. Since then, PGZ stock has increased by 5.3% and is now trading at $10.4060.

Who are Principal Real Estate Income Fund's major shareholders?

Top institutional shareholders of Principal Real Estate Income Fund include Riverbridge Partners LLC.
View institutional ownership trends.

How do I buy shares of Principal Real Estate Income Fund?

Shares of PGZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Principal Real Estate Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Principal Real Estate Income Fund investors own include YieldMax NVDA Option Income Strategy ETF (NVDY), YieldMax COIN Option Income Strategy ETF (CONY), YieldMax META Option Income Strategy ETF (FBY), AGNC Investment (AGNC), Oxford Lane Capital (OXLC), Pimco Corporate & Income Opportunity Fund (PTY) and PIMCO Dynamic Income Fund (PDI).

Company Calendar

• Ex-Dividend for 5/30 Dividend: 5/15/2025
• Record date for 5/30 Dividend: 5/16/2025
• Dividend Payable: 5/30/2025
• Ex-Dividend for 6/30 Dividend: 6/13/2025
• Record date for 6/30 Dividend: 6/16/2025
• Dividend Payable: 6/30/2025
• Today: 7/18/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: NYSE:PGZ
• Previous Symbol: TSE:PGZ
• CIK: 1557523
• Web: www.principalcef.com
• Phone: 303-623-2577
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $12.21 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A