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 by the Fund, Rick A. Pederson and Jeremy Held, won re-election for a three-year
term.
RISKS
An investment in the Fund is not appropriate for all
investors and is not intended to be a complete investment program.
The Fund is designed as a long-term investment and not as a trading
vehicle.
Investing in the Fund involves risks, including the risk that
you may receive little or no return on your investment or that you
may lose part or even all of your investment and exposure to
below-investment grade investments (i.e., "junk bonds"). The Fund's
net asset value will vary and its distribution rate may vary and
both may be affected by numerous factors, including changes in the
market spread over a specified benchmark, market interest rates and
performance of the broader equity markets. Fluctuations in net
asset value may be magnified as a result of the Fund's use of
leverage. Therefore, before investing you should carefully consider
the risks that you assume when you invest in the Fund's common
shares.
Securities backed by commercial real estate assets are
subject to market risks similar to those of direct ownership of
commercial real estate assets including, but not limited to,
declines in the value of real estate, declines in rental or
occupancy rates and risks related to general and local economic
conditions.
The Fund's investment objectives and policies are not
designed to seek to return the initial investment to investors that
purchase shares.
An investor should consider investment objectives, risks,
charges and expenses carefully before investing. To obtain an
annual report or semi-annual report which contains this and
other information visit www.principalcef.com or call
855.838.9485. Please read them carefully before
investing.
Shares of closed-end investment companies frequently trade at
a discount from their net asset value and initial offering
prices.
NOT FDIC INSURED | May Lose Value | No Bank Guarantee
The Fund is a closed-end fund and does not continuously issue
shares for sale as open-end mutual funds do. Since the initial
public offering, the Fund now trades in the secondary market.
Investors wishing to buy or sell shares need to place orders
through an intermediary or broker. The share price of a closed-end
fund is based on the market's value.
ALPS Advisors, Inc. is the investment adviser to the
Fund.
Principal Real Estate Investors LLC is the investment
sub-adviser to the Fund. Principal Real Estate Investors LLC is not
affiliated with ALPS Advisors, Inc. or any of its
affiliates.
ALPS Portfolio Solutions Distributor, Inc. is the FINRA
Member firm.
About SS&C Technologies
SS&C is a global provider of services and software for the
financial services and healthcare industries. Founded in 1986,
SS&C is headquartered in Windsor,
Connecticut, and has offices around the world. Some 20,000
financial services and healthcare organizations, from the world's
largest companies to small and mid-market firms, rely on SS&C
for expertise, scale, and technology. Additional information about
SS&C (Nasdaq: SSNC) is available at www.ssctech.com.
About SS&C ALPS Advisors
SS&C ALPS Advisors, a wholly-owned subsidiary of SS&C
Technologies, is a leading provider of investment products for
advisors and institutions. With over $22.6
billion under management as of December 31, 2023, SS&C ALPS Advisors is an
open architecture boutique investment manager offering portfolio
building blocks, active insight and an unwavering drive to guide
clients to investment outcomes across sustainable income, thematic
and alternative growth strategies. For more information, visit
www.alpsfunds.com.
About Principal Real Estate Investors
Principal Real Estate Investors manages or sub-advises
$98.8 billion in commercial real
estate assets, as of December 31,
2023. The firm's real estate capabilities include both
public and private equity and debt investment alternatives.
Principal Real Estate Investors is the dedicated real estate group
of Principal Global Investors, a diversified asset management
organization and a member of the Principal Financial
Group®.
PRE000412 4/16/2025
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SOURCE Principal Real Estate Income Fund