NYSE:PGZ

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Principal Real Estate Income Fund

Executive Summary

Principal Real Estate Income Fund is a closed ended balanced mutual fund launched and managed by ALPS Advisers, Inc. More Details


Snowflake Analysis

Share Price & News

How has Principal Real Estate Income Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PGZ is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: PGZ's weekly volatility has decreased from 7% to 2% over the past year.


Market Performance


7 Day Return

0.5%

PGZ

-2.6%

US Capital Markets

-4.6%

US Market


1 Year Return

-30.5%

PGZ

38.0%

US Capital Markets

38.5%

US Market

Return vs Industry: PGZ underperformed the US Capital Markets industry which returned 36.4% over the past year.

Return vs Market: PGZ underperformed the US Market which returned 38.9% over the past year.


Shareholder returns

PGZIndustryMarket
7 Day0.5%-2.6%-4.6%
30 Day9.9%8.5%0.6%
90 Day14.5%14.9%1.9%
1 Year-23.3%-30.5%41.3%38.0%41.5%38.5%
3 Year3.0%-19.1%39.5%29.1%56.7%46.7%
5 Year29.8%-15.8%140.6%110.9%123.5%98.6%

Long-Term Price Volatility Vs. Market

How volatile is Principal Real Estate Income Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Principal Real Estate Income Fund undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Principal Real Estate Income Fund is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Principal Real Estate Income Fund has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.

Future Growth

How is Principal Real Estate Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.6%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Principal Real Estate Income Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Principal Real Estate Income Fund performed over the past 5 years?

14.7%

Historical Diversified Financials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Principal Real Estate Income Fund has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.

Financial Health

How is Principal Real Estate Income Fund's financial position?


In this section we usually analyse Principal Real Estate Income Fund's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Principal Real Estate Income Fund has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Dividend

What is Principal Real Estate Income Fund current dividend yield, its reliability and sustainability?


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PGZ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PGZ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PGZ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PGZ's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PGZ's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

How experienced are the management team and are they aligned to shareholders interests?

7.8yrs

Average board tenure


CEO

Principal Real Estate Income Fund has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Rick Pederson
Independent Trustee7.83yrsUS$10.25kno data
Jerry Rutledge
Independent Trustee7.83yrsUS$8.25kno data
Ernest Scalberg
Independent Trustee7.83yrsUS$10.25k0.038%
$ 0

7.8yrs

Average Tenure

75yo

Average Age

Experienced Board: PGZ's board of directors are considered experienced (7.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Principal Real Estate Income Fund's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Principal Real Estate Income Fund
  • Ticker: PGZ
  • Exchange: NYSE
  • Founded: 2012
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$0
  • Shares outstanding: 0
  • Website: https://www.principalcef.com

Location

  • Principal Real Estate Income Fund
  • 1290 Broadway
  • Suite 1100
  • Denver
  • Colorado
  • 80203
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PGZNYSE (New York Stock Exchange)YesShs Ben IntUSUSDJun 2013

Biography

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 equ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/26 23:11
End of Day Share Price2021/02/26 00:00
EarningsN/A
Annual EarningsN/A


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.