Principal Real Estate Fund Distributes $0.1050 Per Share; 64.1% Income, 35.9% Return of Capital
Principal Real Estate Income Fund paid a $0.1050 per share distribution on March 31, 2026, with 64.10% net investment income and 35.90% return of capital. Fiscal year-to-date distributions reached $0.5250 per share, split 46.51% net investment income and 53.49% return of capital.
1. Distribution Details
On March 31, 2026, Principal Real Estate Income Fund paid a distribution of $0.1050 per share to shareholders of record as of March 17, 2026 under its managed distribution plan.
2. Breakdown of Distribution Sources
The current distribution comprised 64.10% net investment income (0.0673 per share) and 35.90% return of capital (0.0377 per share). Fiscal year-to-date distributions total $0.5250 per share, with 46.51% from net investment income and 53.49% from return of capital.
3. Fund Performance Metrics
For the period November 1, 2025 through February 28, 2026, the annualized distribution rate was 11.48% of NAV, cumulative distribution rate was 4.78% of NAV, cumulative total return on NAV was 7.66%, and the five-year average annual total return on NAV was 5.14%.
4. Tax Character and Governance
The fund estimates a portion of distributions as return of capital, which may not reflect performance and has distinct tax treatment. Final tax character will be determined in January 2027 and reported on Form 1099-DIV. The Board of Trustees reviews distribution levels and may adjust the policy based on NAV and market conditions.