Principal Real Estate Income Fund Announces Changes in Portfolio Management

Principal Real Estate Income Fund Announces Changes in Portfolio Management

Principal Real Estate Income Fund (the “Fund”), which is traded on the New York Stock Exchange under the symbol “PGZ,” announced Marc Peterson will retire from Principal Real Estate Investors, LLC (“PrinREI”), the dedicated real estate investment team of Principal Asset Management(®) (link) , on October 23, 2026, and will no longer serve as a portfolio manager of the Fund at that time. Kelly Rush, CIO of global real estate securities, will remain as co-portfolio manager of the Fund and, effective October 23, 2026, Laura Rank, managing director and portfolio manager, and Jason Haigh, portfolio manager, will serve as co-portfolio managers. There will be no changes to the Fund’s investment objectives or investment policies in connection with Peterson’s retirement.