Principal Real Estate Income Fund

Principal Real Estate Income Fundverified

PGZ

Price:

$9.98

Market Cap:

$66.81M

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 botto...[Read more]

Industry

Asset Management - Income

IPO Date

2013-06-26

Stock Exchange

NYSE

Ticker

PGZ

The ROE as of December 2024 (TTM) for Principal Real Estate Income Fund (PGZ) is 9.43%

According to Principal Real Estate Income Fund’s latest financial reports and current stock price. The company's current ROE is 9.43%. This represents a change of -273.61% compared to the average of -5.43% of the last 4 quarters.

Principal Real Estate Income Fund (PGZ) Historical ROE (quarterly & annually)

How has PGZ ROE performed in the past?

The mean historical ROE of Principal Real Estate Income Fund over the last ten years is -5.29%. The current 9.43% ROE has changed -278.32% with respect to the historical average. Over the past ten years (40 quarters), PGZ's ROE was at its highest in in the April 2021 quarter at 20.15%. The ROE was at its lowest in in the April 2020 quarter at -51.91%.

Quarterly (TTM)
Annual

Average

-5.29%

Median

7.45%

Minimum

-55.59%

Maximum

27.56%

Principal Real Estate Income Fund (PGZ) ROE by Quarter and Year

Discovering the peaks and valleys of Principal Real Estate Income Fund ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 172.44%

Maximum Annual ROE = 27.56%

Minimum Annual Increase = -373.94%

Minimum Annual ROE = -55.59%

Quarterly (TTM)
Annual
YearROEChange
2023-17.85%-39.75%
2022-29.63%-207.52%
202127.56%-149.57%
2020-55.59%-373.94%
201920.29%172.44%
20187.45%-30.70%

Principal Real Estate Income Fund (PGZ) Average ROE

How has PGZ ROE performed in the past?

The current ROE of Principal Real Estate Income Fund (PGZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-6.64%

5-year avg

-11.04%

10-year avg

-5.29%

Principal Real Estate Income Fund (PGZ) ROE vs. Peers

How is PGZ’s ROE compared to its peers?

Principal Real Estate Income Fund’s ROE is less than Virtus Convertible & Income 2024 Target Term Fund (21.86%), less than Eaton Vance National Municipal Opportunities Trust (11.25%), less than Invesco High Income 2024 Target Term Fund (11.57%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (3.63%), less than Nuveen California Select Tax-Free Income Portfolio (11.88%), less than Invesco Bond Fund (11.79%), less than Invesco Trust for Investment Grade New York Municipals (16.50%), less than BNY Mellon Municipal Income, Inc. (4.70%), less than PIMCO New York Municipal Income Fund (9.18%), less than Invesco Pennsylvania Value Municipal Income Trust (8.25%), less than PIMCO New York Municipal Income Fund II (3.13%), less than Eaton Vance New York Municipal Income Trust (4.98%), less than PIMCO New York Municipal Income Fund III (3.43%), less than BlackRock New York Municipal Income Trust (3.54%), less than Invesco California Value Municipal Income Trust (18.35%), less than GAMCO Natural Resources, Gold & Income Trust (6.79%), less than Nuveen Pennsylvania Quality Municipal Income Fund (6.54%), less than Invesco Advantage Municipal Income Trust II (12.62%), less than MFS Investment Grade Municipal Trust (2.17%), less than Federated Hermes Premier Municipal Income Fund (3.80%),

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Frequently asked questions❓

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