Company: PGZ
Filing Date: 2025-07-03
Form Type: N-CSRS
Source: 0001398344-25-012685
Chunk: 31

Company: Principal Real Estate Income Fund
Filing Date: 2025-07-03
Form: N-CSRS
Chunk 31
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| $0.3421                                 |   $0.00 |   $0.00 | $0.2879 | $.6300 | 54.30%                           | 0.00%   | 0.00%   | 45.70%  | 100.00%   |

| 34 | www.principalcef.com |

| Principal Real Estate Income Fund | Additional Information |

April 30, 2025 (Unaudited)

STOCKHOLDER MEETING RESULTS

On April 11, 2025 the Fund held a Meeting of Stockholders to consider the
proposal set forth below:

The following votes were recorded:

Proposal 1:

The election of (i) Stephanie J. Bullington as a Class
I Trustee of the Fund to a one year term, to expire at the Fund’s 2026 Annual Meeting of Stockholders or until her successor is
duly elected and qualified, and (ii) JoEllen L. Legg as a Class III Trustee of the Fund to a three year term, to expire at the Fund’s
2028 Annual Meeting of Stockholders or until her successor is duly elected and qualified.

The ballots and proxies received by the independent
Inspector of Election of the Meeting, reflected votes with respect to the nominees as follows:

Nominees

| Stephanie J. Bullington |              |
|                         | Shares Voted |
| For                     |    3,931,255 |
| Withheld                |      622,833 |
| Abstain                 |            0 |

| JoEllen L. Legg |              |
|                 | Shares Voted |
| For             |    3,925,028 |
| Withheld        |      629,060 |
| Abstain         |            0 |

UNAUDITED TAX INFORMATION

Of the distributions paid by the Fund from ordinary
income for the calendar year ended December 31, 2024, the following percentages met the requirements to be treated as qualifying for the
corporate dividends received deduction and qualified dividend income:

|                                   | Dividend Received Deduction | Qualified Dividend Income |
| Principal Real Estate Income Fund | 0.00%                       | 8.87%                     |

Of the distributions paid by the Fund for the calendar
year ended December 31, 2024, pursuant to Section 852(b)(3) of the Internal Revenue Code, the Fund had no long-term capital gain dividends.

In early 2025