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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): November 1, 2023

 

 

 

Principal Real Estate Income Fund

(Exact name of Registrant as Specified in Its Charter)

 

 

 

Delaware 811-22742 46-0919114
(State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)

 

1290 Broadway, Suite 1000    
Denver, Colorado   80203
(Address of principal executive offices)   (Zip Code)
     
Registrant’s telephone number, including area code:  (855) 838-9485
 
N/A
 
(Former name or former address, if changed since last report)

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company [  ]

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [  ]

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Shares of Beneficial Interest, no par value per share   PGZ   New York Stock Exchange
         
 

 

 

Item 8.01. Other Events.

 

At its recent regularly scheduled meeting, the Board of Trustees (the “Board”) of the Principal Real Estate Income Fund (the “Fund”) recommended to ALPS Advisors, Inc (the “Adviser”), the Adviser of the Fund, to waive a portion of their investment advisory fee pursuant to the services provided under the Investment Advisory Agreement.  Effective November 1, 2023, the Adviser voluntarily agrees to waive a portion of its advisory fee that would be payable via the Fund by 0.15% of the fund’s average daily Managed Assets.  Principal Real Estate Investors, LLC (the “Sub-advisor”) has agreed to equally share the voluntary waiver, such that the fee received by the Sub-Advisor pursuant to the Investment Sub-Advisory Agreement will be reduced by 0.075%. The voluntary waiver is in effect for one year.

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  PRINCIPAL REAL ESTATE INCOME FUND  
     
Date: November 2, 2023 By: /s/ Nicholas Adams  
    Name: Nicholas Adams  
    Title: Secretary  
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Nov. 01, 2023
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Entity File Number 811-22742
Entity Registrant Name Principal Real Estate Income Fund
Entity Central Index Key 0001557523
Entity Tax Identification Number 46-0919114
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 1290 Broadway
Entity Address, Address Line Two Suite 1000
Entity Address, City or Town Denver
Entity Address, State or Province CO
Entity Address, Postal Zip Code 80203
City Area Code (855)
Local Phone Number 838-9485
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Title of 12(b) Security Common Shares of Beneficial Interest, no par value per share
Trading Symbol PGZ
Security Exchange Name NYSE
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