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PGZ

Principal Real Estate Income FundNYSE:PGZ Stock Report

Last Price

US$15.58

Market Cap

US$107.6m

7D

-1.1%

1Y

26.6%

Updated

19 Jan, 2022

Data

Company Financials
PGZ fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

PGZ Stock Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for Principal Real Estate Income Fund
Historical stock prices
Current Share PriceUS$15.58
52 Week HighUS$16.20
52 Week LowUS$12.10
Beta0
1 Month Change3.11%
3 Month Change1.23%
1 Year Change26.56%
3 Year Change-8.41%
5 Year Change-4.77%
Change since IPO-22.10%

Recent News & Updates

Jan 04

Principal Real Estate Income Fund declares $0.08 dividend

Principal Real Estate Income Fund (PGZ) declares $0.08/share monthly dividend, in line with previous.Forward yield 7.93%Payable Feb. 26; for shareholders of record Feb. 11; ex-div Feb. 10.Payable Mar. 31; for shareholders of record Mar. 17; ex-div Mar. 16.Payable Apr. 30; for shareholders of record Apr. 16; ex-div Apr. 15.See PGZ Dividend Scorecard, Yield Chart, & Dividend Growth.

Dec 16

Principal Real Estate Income Fund adopts share repurchase program

Principal Real Estate Income Fund (PGZ) board of trustees approved a share repurchase program under which the fund may purchase up to 5% of its outstanding common shares from Jan. 19, 2021, in the open market for a year.For enhancing shareholder value, board has authorized ALPS Advisors to repurchase the fund's common shares.

Dec 09

Principal Real Estate Income Fund Is In Tough Sector With Tax Loss Selling Pressure, But Looks Cheap

(This report was issued to members of Yield Hunting on Nov. All data herein is from that date.) The Principal Real Estate Income Fund (PGZ) is a bashed real estate focused fund with a heavy amount of exposure to the battered commercial mortgage sector. In this report we look at the sector and the prospects of a recovery and give some insights into this fund which is trading at a massive discount following a recent

Shareholder Returns

PGZUS Capital MarketsUS Market
7D-1.1%-5.5%-4.6%
1Y26.6%24.6%7.7%

Return vs Industry: PGZ matched the US Capital Markets industry which returned 25.7% over the past year.

Return vs Market: PGZ exceeded the US Market which returned 10.2% over the past year.

Price Volatility

Is PGZ's price volatile compared to industry and market?
PGZ volatility
PGZ Average Weekly Movement1.9%
Capital Markets Industry Average Movement0.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

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 (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012n/an/ahttps://www.principalcef.com

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.

Principal Real Estate Income Fund Fundamentals Summary

How do Principal Real Estate Income Fund's earnings and revenue compare to its market cap?
PGZ fundamental statistics
Market CapUS$107.60m
Earnings (TTM)US$0
Revenue (TTM)n/a

n/a

P/E Ratio

n/a

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PGZ income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
ExpensesUS$0
EarningsUS$0

Last Reported Earnings

n/a

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did PGZ perform over the long term?

See historical performance and comparison

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?

6.3%

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?

20.3%

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

TodayJan 20 2022Ex Dividend DateFeb 10 2022Dividend Pay DateFeb 28 202218 days from Ex DividendBuy in the next 21 days to receive the upcoming dividend

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?

8.8yrs

Average board tenure


CEO

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


Board Members

Experienced Board: PGZ's board of directors are considered experienced (8.8 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Principal Real Estate Income Fund's 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
  • Implied Market Cap: US$107.595m
  • Shares outstanding: 6.87m
  • Website: https://www.principalcef.com

Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 23:48
End of Day Share Price2022/01/19 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.