PGZ News and Press, Principal Real Estate Income Fund of Beneficial Interest From 07/25/22

The 'Return to the Office' is here - but it's underwhelming. Despite 80% of employees currently in post-pandemic work arrangements, office utilization rates have remained 40-60% below pre-pandemic levels. Office leasing activity has remained surprisingly resilient at just 10% below pr...

"Bad news was good news" this past week as U.S. equity markets were broadly higher after weakening economic data in the U.S. and Eurozone pulled benchmark interest rates to two-month-lows. Delivering just its fourth up-week in the past sixteen weeks, the S&P 500 advanced 2.6% whil...

Self-Storage REITs - usually known for their recession-resistant characteristics - have sold off in recent months despite a stellar slate of earnings results and upbeat interim updates. Storage REITs appear to be caught up in the bearish sentiment surrounding industrial REITs - a rath...

U.S. equity markets posted solid gains this past week as decent employment data eased concerns over a "hard landing"- for the U.S. economy at least- sparking a bid for risk assets. Recording just its third weekly gain in the past fourteen weeks, the S&P 500 advanced 1.9% on the we...

We previously discussed Buffett's explanation for why smart people go broke. We then made the connection to why we generally don't buy CEFs. However, this does not mean that investors should never buy any CEFs under any circumstances. Back in March, we wrote : ...

Principal Real Estate Income Fund ( NYSE: PGZ ) declares $0.105/share monthly dividend , in line with previous. Forward yield 9.9% Payable Aug. 31; for shareholders of record Aug. 17; ex-div Aug. 16. Payable September 30; for shareholders of record September 16...

PRINCIPAL REAL ESTATE INCOME FUND DECLARES MONTHLY DISTRIBUTIONS OF $0.105 PER SHARE PR Newswire DENVER , July 1, 2022 /PRNewswire/ -- Principal Real Estate Income Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol "PGZ," a...

Manufactured Housing REITs - one of the most "recession-resistant" property sectors given their countercyclical demand profile - have rebounded over the past month following uncharacteristic underperformance in early 2022. MH REITs have remarkably delivered nine consecutive years of o...

After uncharacteristically lagging for most of the year, Cell Tower REITs have been the best-performing property sector over the past quarter, benefiting from favorable macro shifts and positive industry-specific catalysts. One of the most “recession-resistant” property ...

CEF discounts continue to meander without direction for most of the last few months (outside the mid-May one-week swoon). In terms of valuations, senior loans are the cheapest, followed by Limited Duration and Global Income. High yield and Investment grade round out the top 5 cheapest...