Principal Real Estate Income Fund (NYSE:PGZ) Shares Down 0.3% – Should You Sell?

Posted by Stanley Muller on Oct 24th, 2026

Shares of Principal Real Estate Income Fund (NYSE:PGZ – Get Free Report) fell 0.3% on Friday. The company traded as low as $8.69 and last traded at $8.71. 83,821 shares changed hands during mid-day trading, an increase of 244% from the average daily volume of 24,345 shares. The stock had previously closed at $8.74.

Principal Real Estate Income Fund Stock Performance

The business has a 50-day simple moving average of $9.34 and a 200-day simple moving average of $9.83.

Principal Real Estate Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, January 29th. Investors of record on Thursday, January 14th will be paid a dividend of $0.1050 per share. The ex-dividend date of this dividend is Thursday, January 14th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 14.5%.

Hedge Funds Weigh In On Principal Real Estate Income Fund

Several hedge funds have recently bought and sold shares of the business. Riverbridge Partners LLC increased its stake in Principal Real Estate Income Fund by 0.9% in the 2nd quarter. Riverbridge Partners LLC now owns 204,139 shares of the company’s stock worth $2,101,000 after buying an additional 1,871 shares during the period. Shaker Financial Services LLC lifted its position in shares of Principal Real Estate Income Fund by 713.4% during the third quarter. Shaker Financial Services LLC now owns 90,664 shares of the company’s stock valued at $809,000 after buying an additional 79,518 shares during the last quarter. NWF Advisory Services Inc. lifted its position in Principal Real Estate Income Fund by 5.5% during the first quarter. NWF Advisory Services Inc. now owns 48,200 shares of the company’s stock valued at $463,000 after acquiring an additional 2,500 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of Principal Real Estate Income Fund by 7.5% during the 1st quarter. First Trust Advisors LP now owns 36,243 shares of the company’s stock valued at $348,000 after purchasing an additional 2,522 shares during the last quarter. Finally, Lido Advisors LLC acquired a new stake in Principal Real Estate Income Fund in the first quarter worth about $119,000.

About Principal Real Estate Income Fund

(Get Free Report)

Principal Real Estate Income Fund, Inc (NYSE: PGZ) is a closed-end management investment company focused on generating current income and, secondarily, long-term capital appreciation through investments related to the real estate sector.

The fund invests primarily in commercial real estate debt and equity securities. Its portfolio may include commercial mortgage-backed securities, real estate investment trusts, preferred and common stocks of real estate companies, and other securities tied to commercial property markets.