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Principal Real Estate Income Fund (PGZ)

Financial Services | Asset Management | Denver, United States | NYSE
10.36 USD +0.01 (0.145%) ⇧ (July 14, 2026, 4 p.m. EDT)
After hours: 10.36

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:★★☆☆☆
Hot Take | July 11, 2026, 3:43 a.m. EDT

The immediate outlook remains flat due to a high-confidence statistical model predicting zero directional movement over the next 45 days, while the stock trades near its 200-day average, suggesting a lack of immediate catalysts. However, the long-term picture is severely compromised by a brutal decade-long decline; despite a single year of recovery, the asset has lost over 41% of its value since 2016, with the most recent annual performance showing a slight contraction. This persistent downward trajectory indicates a structural deterioration in the underlying business quality rather than a temporary market dislocation. Finally, the income profile is deceptive; while the headline yield appears attractive, the fund is distributing more than 128% of its trailing earnings, signaling that the payout is being funded by capital erosion rather than sustainable cash flow.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.014908
MSTL0.014933
AutoARIMA0.015333
AutoETS0.015371

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 66%
H-stat 0.76
Ljung-Box p 0.000
Jarque-Bera p 0.520
Excess Kurtosis -0.81
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-07-16
Last Dividend Date 2026-06-14
Market Cap 69,350,976
Trailing P/E 10.57
Website https://www.principalcef.com

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.05% 12.34% 12.48% 11.31%
Dividend History
Date Dividend Yield %
2026-06-15 0.105 1.047904
2026-05-14 0.105 1.065990
2026-04-16 0.105 1.012536
2026-03-17 0.105 1.043738
2026-02-12 0.105 1.005747
2026-01-15 0.105 1.031434
2025-12-16 0.105 1.062753
2025-11-07 0.105 1.022395
2025-10-17 0.105 1.010587
2025-09-16 0.105 1.004785
2025-08-15 0.105 1.020408
2025-07-17 0.105 1.007678
2025-06-13 0.105 1.000000
2025-05-15 0.105 1.030422
2025-04-15 0.105 1.052104
2025-03-17 0.105 1.010587
2025-02-13 0.105 1.012536
2025-01-16 0.105 1.020408
2024-12-16 0.105 1.014493
2024-11-08 0.105 0.980392
2024-10-17 0.105 0.965074
2024-09-16 0.105 0.938338
2024-08-16 0.105 0.995261
2024-07-17 0.105 0.997151
2024-06-13 0.105 1.041667
2024-05-15 0.105 1.030422
2024-04-15 0.105 1.078029
2024-03-13 0.105 1.009615
2024-02-13 0.105 1.043738
2024-01-16 0.105 1.100629
2023-12-13 0.105 1.132686
2023-11-15 0.105 1.148796
2023-10-16 0.105 1.169265
2023-09-14 0.105 1.125402
2023-08-16 0.105 1.120598
2023-07-17 0.105 1.090343
2023-06-15 0.105 1.108764
2023-05-15 0.105 1.106428
2023-04-13 0.105 1.113468
2023-03-16 0.105 1.079137
2023-02-09 0.105 0.934164
2023-01-12 0.105 0.945946
2022-12-14 0.105 0.951949
2022-11-14 0.105 0.958029
2022-10-13 0.105 0.958904
2022-09-15 0.105 0.852965
2022-08-16 0.105 0.760319
2022-07-14 0.105 0.825472
2022-06-15 0.105 0.837321
2022-05-12 0.105 0.797872
2022-04-13 0.100 0.656599
2022-03-16 0.100 0.675676
2022-02-10 0.100 0.657030
2022-01-13 0.088 0.559441
2021-12-15 0.088 0.587450
2021-11-10 0.088 0.568475
2021-10-14 0.085 0.551232
2021-09-15 0.085 0.542784
2021-08-16 0.085 0.553746
2021-07-15 0.083 0.537913
2021-06-15 0.083 0.525316
2021-05-13 0.083 0.570839
2021-04-15 0.080 0.564175
2021-03-16 0.080 0.590406
2021-02-10 0.080 0.614439
2021-01-14 0.080 0.646726
2020-12-16 0.080 0.661157
2020-11-12 0.080 0.730594
2020-10-15 0.110 1.026119
2020-09-15 0.110 0.944206
2020-08-13 0.110 0.933786
2020-07-16 0.110 0.914381
2020-06-15 0.110 0.886382
2020-05-14 0.110 0.976909
2020-04-15 0.110 0.863422
2020-03-16 0.110 0.814212
2020-02-13 0.110 0.510915
2020-01-15 0.110 0.516190
2019-12-16 0.110 0.526064
2019-11-14 0.110 0.523311
2019-10-11 0.110 0.540541
2019-09-16 0.110 0.554435
2019-08-14 0.110 0.572321
2019-07-16 0.110 0.572023
2019-06-13 0.110 0.577125
2019-05-16 0.110 0.586980
2019-04-17 0.110 0.587921
2019-03-14 0.110 0.607735
2019-02-14 0.110 0.610772
2019-01-17 0.110 0.642899
2018-12-17 0.110 0.668693
2018-11-15 0.110 0.642899
2018-10-16 0.110 0.636574
2018-09-13 0.110 0.615557
2018-08-16 0.110 0.602740
2018-07-16 0.110 0.626067
2018-06-18 0.110 0.628931
2018-05-21 0.110 0.649351
2018-04-12 0.110 0.661058
2018-03-15 0.110 0.655933
2018-02-15 0.110 0.670323
2018-01-11 0.110 0.645540
2017-12-14 0.110 0.642523
2017-11-16 0.110 0.644028
2017-10-12 0.110 0.611791
2017-09-14 0.145 0.820136
2017-08-10 0.145 0.808250
2017-07-13 0.145 0.785482
2017-06-15 0.145 0.791917
2017-05-18 0.145 0.835735
2017-04-12 0.145 0.838635
2017-03-16 0.145 0.872968
2017-02-16 0.145 0.860534
2017-01-12 0.145 0.896722
2016-12-15 0.145 0.911950
2016-11-17 0.145 0.928892
2016-10-13 0.145 0.846468
2016-09-15 0.145 0.829994
2016-08-11 0.145 0.817823
2016-07-14 0.145 0.813236
2016-06-16 0.145 0.806452
2016-05-12 0.145 0.861557
2016-04-14 0.145 0.857481
2016-03-17 0.145 0.891211
2016-02-11 0.145 0.989086
2016-01-14 0.145 0.915982
2015-12-17 0.145 0.891759
2015-11-12 0.145 0.865672
2015-10-15 0.145 0.833333
2015-09-10 0.145 0.853443
2015-08-13 0.145 0.803769
2015-07-16 0.145 0.785482
2015-06-11 0.145 0.730479
2015-05-14 0.145 0.742828
2015-04-09 0.145 0.747808
2015-03-12 0.145 0.752075
2015-02-12 0.145 0.732323
2015-01-15 0.140 0.739567
2014-12-11 0.140 0.727273
2014-11-13 0.140 0.720165
2014-10-16 0.140 0.745077
2014-09-11 0.140 0.717213
2014-08-14 0.140 0.723514
2014-07-17 0.140 0.726895
2014-06-12 0.140 0.715381
2014-05-15 0.140 0.741525
2014-04-10 0.140 0.757576
2014-03-13 0.140 0.778210
2014-02-13 0.140 0.779510
2014-01-16 0.135 0.777202
2013-12-12 0.135 0.803093
2013-11-14 0.135 0.788551
2013-10-17 0.135 0.778098
2013-09-12 0.135 0.793651
2013-08-15 0.135 0.697674
Additional Data
dividendRate 1.26
dividendYield 12.18
exDividendDate 2026-07-17
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.105
lastDividendDate 2026-06-15
dividendDate 2019-04-30

Info Dump

Attribute Value
52 Week Change -0.015223622
Address1 1,290 Broadway
Address2 Suite 1000
All Time High 22.01
All Time Low 8.46
Ask 10.45
Ask Size 300
Average Daily Volume10 Day 21,260
Average Daily Volume3 Month 22,677
Average Volume 22,677
Average Volume10Days 21,260
Bid 9.94
Bid Size 200
City Denver
Country United States
Crypto Tradeable 0
Currency USD
Current Price 10.36
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 10.39
Day Low 10.32
Dividend Date 1,556,582,400
Dividend Rate 1.26
Dividend Yield 12.18
Ebitda Margins 0.0
Eps Trailing Twelve Months 0.98
Esg Populated 0
Ex Dividend Date 1,784,246,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 303 623 7850
Fifty Day Average 10.006
Fifty Day Average Change 0.3540001
Fifty Day Average Change Percent 0.035378784
Fifty Two Week Change Percent -1.5223622
Fifty Two Week High 10.64
Fifty Two Week High Change -0.2800007
Fifty Two Week High Change Percent -0.026315853
Fifty Two Week Low 9.32
Fifty Two Week Low Change 1.04
Fifty Two Week Low Change Percent 0.11158798
Fifty Two Week Range 9.32 - 10.64
First Trade Date Milliseconds 1,372,253,400,000
Five Year Avg Dividend Yield 11.07
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.00032000002
Held Percent Institutions 0.23296
Implied Shares Outstanding 6,694,110
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Language en-US
Last Dividend Date 1,781,481,600
Last Dividend Value 0.105
Long Business Summary 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.
Long Name Principal Real Estate Income Fund
Market us_market
Market Cap 69,350,976
Market State PREPRE
Max Age 86,400
Message Board Id finmb_240359340
Non Diluted Market Cap 69,250,557
Open 10.33
Operating Margins 0.0
Payout Ratio 1.2857001
Phone 303 623 2577
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 10.36
Post Market Time 1,784,063,100
Previous Close 10.345
Price Hint 2
Profit Margins 0.0
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0149994
Regular Market Change Percent 0.144992
Regular Market Day High 10.39
Regular Market Day Low 10.32
Regular Market Day Range 10.32 - 10.39
Regular Market Open 10.33
Regular Market Previous Close 10.345
Regular Market Price 10.36
Regular Market Time 1,784,059,203
Regular Market Volume 9,490
Sand P52 Week Change 0.20365608
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 6,694,109
Shares Percent Shares Out 0.0073
Shares Short 48,774
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 13,260
Short Name Principal Real Estate Income Fu
Short Percent Of Float 0.0073
Short Ratio 2.01
Source Interval 15
State CO
Symbol PGZ
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.98
Trailing P E 10.571428
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 10.1377
Two Hundred Day Average Change 0.22229958
Two Hundred Day Average Change Percent 0.021928009
Type Disp Equity
Volume 9,490
Website https://www.principalcef.com
Zip 80,203