Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
PGZ
Upturn stock ratingUpturn stock rating

Principal Real Estate Income Closed Fund (PGZ)

Upturn stock ratingUpturn stock rating
$10.43
Last Close (24-hour delay)
Profit since last BUY2.86%
upturn advisory
Consider higher Upturn Star rating
BUY since 42 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

07/08/2025: PGZ (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

0 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

Analysis of Past Performance

Type Stock
Historic Profit 15.12%
Avg. Invested days 58
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/08/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 70.09M USD
Price to earnings Ratio 3.18
1Y Target Price -
Price to earnings Ratio 3.18
1Y Target Price -
Volume (30-day avg) -
Beta -
52 Weeks Range 8.96 - 10.56
Updated Date 06/29/2025
52 Weeks Range 8.96 - 10.56
Updated Date 06/29/2025
Dividends yield (FY) 12.03%
Basic EPS (TTM) 3.29

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -
Return on Equity (TTM) -

Valuation

Trailing PE 3.18
Forward PE -
Enterprise Value -
Price to Sales(TTM) 3.05
Enterprise Value -
Price to Sales(TTM) 3.05
Enterprise Value to Revenue 4.44
Enterprise Value to EBITDA -
Shares Outstanding 6694110
Shares Floating -
Shares Outstanding 6694110
Shares Floating -
Percent Insiders 0.03
Percent Institutions 27.53

ai summary icon Upturn AI SWOT

Principal Real Estate Income Closed Fund

stock logo

Company Overview

overview logo History and Background

Principal Real Estate Income Fund (PGZ) is a closed-end fund focused on real estate investments. It was formed to provide current income and capital appreciation by investing in commercial real estate debt and equity securities.

business area logo Core Business Areas

  • Commercial Real Estate Debt: Investing in commercial mortgage-backed securities (CMBS), collateralized loan obligations (CLOs), and other debt instruments secured by commercial real estate.
  • Commercial Real Estate Equity: Investing in common and preferred equity securities of real estate companies, including REITs.

leadership logo Leadership and Structure

The fund is managed by Principal Global Investors, a subsidiary of Principal Financial Group. The fund is governed by a board of directors who oversee its investment strategy and operations.

Top Products and Market Share

overview logo Key Offerings

  • Closed-End Fund Investing in Real Estate Securities: PGZ offers investors a vehicle to gain exposure to the commercial real estate market through a diversified portfolio of debt and equity securities. Market share data is not directly applicable in the same way as for a consumer product or service. Competitors include other real estate closed-end funds and REITs (e.g. RQI, GOF, PSF).

Market Dynamics

industry overview logo Industry Overview

The commercial real estate market is influenced by factors such as interest rates, economic growth, and demographic trends. The closed-end fund industry is affected by investor sentiment, market volatility, and the availability of alternative investment options.

Positioning

PGZ aims to provide a combination of current income and capital appreciation through its diversified portfolio. Its competitive advantage lies in the expertise of Principal Global Investors in managing real estate investments.

Total Addressable Market (TAM)

The TAM consists of the total investment in commercial real estate debt and equity securities, valued in the trillions of dollars. PGZ's position is a niche within this TAM, focusing on a mix of debt and equity through a closed-end fund structure.

Upturn SWOT Analysis

Strengths

  • Experienced management team
  • Diversified portfolio
  • Access to Principal Global Investors' research and resources
  • Established track record

Weaknesses

  • Subject to market volatility
  • Reliance on real estate market conditions
  • Management fees impact returns
  • Closed-end fund structure can lead to trading at a discount to NAV

Opportunities

  • Increasing demand for real estate investments
  • Rising interest rates can benefit debt investments
  • Expansion into new real estate sectors
  • Strategic acquisitions of other investment firms

Threats

  • Economic downturn
  • Rising interest rates negatively impacting real estate values
  • Increased competition from other investment vehicles
  • Regulatory changes affecting the real estate industry

Competitors and Market Share

competitor logo Key Competitors

  • RQI
  • GOF
  • PSF

Competitive Landscape

PGZ competes with other closed-end funds and REITs for investor capital. Its competitive advantage depends on its investment strategy, performance, and fees.

Growth Trajectory and Initiatives

Historical Growth: PGZ's growth is tied to the performance of the real estate market and its ability to generate income and capital appreciation. Historical performance is tracked on financial websites.

Future Projections: Future projections depend on market analysts' estimates and forecasts for the real estate sector and closed-end fund industry.

Recent Initiatives: Information on recent strategic initiatives is generally disclosed in company filings and press releases.

Summary

PGZ offers exposure to the real estate market through a closed-end fund structure, aiming for both income and capital appreciation. Its performance hinges on real estate market conditions and the management's expertise. While diversified, it faces risks like market volatility and rising interest rates. Strategic initiatives and effective management are essential for its future success and growth against competitors.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Yahoo Finance
  • Company Filings
  • Morningstar

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Market data is dynamic and subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Principal Real Estate Income Closed Fund

Exchange NYSE
Headquaters Denver, CO, United States
IPO Launch date 2013-06-26
CEO -
Sector Financial Services
Industry Asset Management
Full time employees -
Full time employees -

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 bottom-up stock picking approach while focusing on factors such as macro outlook on the economy, real estate cycle and real estate fundamentals, shorter-term tactical allocation shifts upon a continual assessment of market valuations, quantitative, analysis, and technical indicators to create it portfolio. Principal Real Estate Income Fund was formed on August 31, 2012 and is domiciled in the United States.