# EDGAR Filing Document

**Accession Number:** 0001557523
**File Stem:** 0001049169-26-001778
**Filing Date:** 2026-6
**Character Count:** 52088
**Document Hash:** 364d4c1f6c746323c6803a63e6e95b13
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001049169-26-001778.hdr.sgml**: 20260626

**ACCESSION NUMBER**: 0001049169-26-001778

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260626

**DATE AS OF CHANGE**: 20260626

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Principal Real Estate Income Fund
- **CENTRAL INDEX KEY:** 0001557523

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22742
- **FILM NUMBER:** 261127911

**BUSINESS ADDRESS:**
- **STREET 1:** 1290 BROADWAY
- **STREET 2:** SUITE 1100
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80203
- **BUSINESS PHONE:** 303-623-2577

**MAIL ADDRESS:**
- **STREET 1:** 1290 BROADWAY
- **STREET 2:** SUITE 1100
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Principal Commercial Mortgage Backed Securities Income Fund
- **DATE OF NAME CHANGE:** 20120907

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Principal Commercial Mortgage Backed Securities Fund
- **DATE OF NAME CHANGE:** 20120905

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** PRINCIPAL REAL ESTATE INCOME FUND

- **b. Investment Company Act file number:** 811-22742

- **c. CIK number of Registrant:** 0001557523

- **d. LEI of Registrant:** 549300HK3LIJEGLGMK36

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1290 BROADWAY SUITE 1000

  - **City:** DENVER

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80203

  - **Telephone number:** 3036232577

**Item A.2. Information about the Series.**

- **a. Name of Series:** Principal Real Estate Income Fund

- **c. LEI of Series:** 549300HK3LIJEGLGMK36

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $109723884.66

**Total Liabilities:** $34464775.01

**Net Assets:** $75259109.65

**Cash Not Reported:** $169.80

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 29.14200800 | **1-Year:** 17509.65830100 | **5-Year:** 26160.52092500 | **10-Year:** 2064.59675700 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 3.00149800 | **1-Year:** 549.98612900 | **5-Year:** 3986.67906300 | **10-Year:** 1879.23551300 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 4.71%                | -7.05%               | 6.92%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4203.28                 | $2983538.87                                |
| Month 2  | $374460.77               | $-4849427.84                               |
| Month 3  | $568977.57               | $1077433.54                                |

### Schedule of Portfolio Investments

| Name                                                                  | Title                                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Sabra Health Care Reit Inc                                            | Sabra Health Care REIT, Inc.                               | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               | CORP              | US        |     93141 | NS      | $1924293.06   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Unibail-rodamco-westfield                                             | Unibail-Rodamco-Westfield                                  | CUSIP: N/A<br>LEI: 969500SHQITWXSIS7N89       | Long             | EC               | CORP              | FR        |      8373 | NS      | $1013164.05   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Capital I Trust                                        | Morgan Stanley Capital I Trust                             | CUSIP: 61767FAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  13495500 | PA      | $17282.34     | 0.02%             | 2026-08-15      | Variable      | 1.50%                 | Yes           |                  2 | On Loan: No      |
| Bmo Mortgage Trust                                                    | BMO 2025-5C12 Mortgage Trust                               | CUSIP: 09663VAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  13236000 | PA      | $1070460.18   | 1.42%             | 2058-10-15      | Variable      | 2.28%                 | Yes           |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                                              | Benchmark 2020-B19 Mortgage Trust                          | CUSIP: 08162WBH8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1520469.20   | 2.02%             | 2030-09-15      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| Equity Residential                                                    | Equity Residential                                         | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |      9794 | NS      | $640331.72    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Vici Properties Inc                                                   | VICI Properties, Inc.                                      | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |     22495 | NS      | $656854.00    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays Commercial Mortgage Securities Llc                           | BBCMS Mortgage Trust 2024-C24                              | CUSIP: 07336VAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2900000 | PA      | $467146.21    | 0.62%             | 2034-02-15      | Variable      | 3.17%                 | Yes           |                  2 | On Loan: No      |
| Mitsubishi Estate Logistics Reit Investment Corp                      | Mitsubishi Estate Logistics REIT Investment Corp.          | CUSIP: N/A<br>LEI: 353800YYSGZU31ICQK38       | Long             | EC               | CORP              | JP        |       252 | NS      | $195412.47    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank                                                                  | BANK 2019-BNK21                                            | CUSIP: 06540BAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $1864894.75   | 2.48%             | 2052-10-17      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| Bank                                                                  | BANK 2020-BNK27                                            | CUSIP: 06539YAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1949000 | PA      | $1511665.84   | 2.01%             | 2030-04-15      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                 | Wells Fargo Commercial Mortgage Trust 2026-5C8             | CUSIP: 95005BAQ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1777000 | PA      | $131695.42    | 0.17%             | 2059-03-15      | Variable      | 2.00%                 | Yes           |                  2 | On Loan: No      |
| Bank5                                                                 | BANK5 2024-5YR12                                           | CUSIP: 06644XBN5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        | 158121000 | PA      | $708097.46    | 0.94%             | 2057-12-15      | Variable      | 0.20%                 | No            |                  2 | On Loan: No      |
| Sl Green Realty Corp                                                  | SL Green Realty Corp.                                      | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               | CORP              | US        |      3961 | NS      | $167986.01    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties Inc                                                | Cousins Properties, Inc.                                   | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |     13560 | NS      | $347271.60    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Stockland                                                             | Stockland                                                  | CUSIP: N/A<br>LEI: 549300Y8E5TMSOLM7P64       | Long             | EC               | CORP              | AU        |    153466 | NS      | $447474.28    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Bmo Mortgage Trust                                                    | BMO 2025-5C12 Mortgage Trust                               | CUSIP: 09663VAS9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2800000 | PA      | $1967762.44   | 2.61%             | 2058-10-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities Llc                           | BBCMS Mortgage Trust 2026-5C40                             | CUSIP: 05557AAM5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $131331.00    | 0.17%             | 2059-02-15      | Variable      | 2.34%                 | Yes           |                  2 | On Loan: No      |
| Invincible Investment Corp                                            | Invincible Investment Corp.                                | CUSIP: N/A<br>LEI: 353800JY6M2692VAV685       | Long             | EC               | CORP              | JP        |      1083 | NS      | $424746.57    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| American Healthcare Reit Inc                                          | American Healthcare REIT, Inc.                             | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               | CORP              | US        |      5038 | NS      | $255829.64    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                 | Wells Fargo Commercial Mortgage Trust 2026-5C8             | CUSIP: 95005BAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1777000 | PA      | $1230425.01   | 1.63%             | 2031-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Invitation Homes Inc                                                  | Invitation Homes, Inc.                                     | CUSIP: 46187W107<br>LEI: 984500FE452E665C9F85 | Long             | EC               | CORP              | US        |     25026 | NS      | $719998.02    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Bmo Mortgage Trust                                                    | BMO 2024-5C4 Mortgage Trust                                | CUSIP: 09660SAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6804500 | PA      | $472516.05    | 0.63%             | 2029-05-15      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Crown Castle Inc                                                      | Crown Castle, Inc.                                         | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |      1279 | NS      | $113549.62    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Comm Mortgage Trust                                                   | Commercial Mortgage Trust                                  | CUSIP: 200474BH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    793179 | PA      | $773879.31    | 1.03%             | 2048-02-10      | Variable      | 4.57%                 | No            |                  2 | On Loan: No      |
| Ventas Inc                                                            | Ventas, Inc.                                               | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |     12635 | NS      | $1110111.10   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercialys Sa                                                          | Mercialys SA                                               | CUSIP: N/A<br>LEI: 969500081CGAXB7YS433       | Long             | EC               | CORP              | FR        |    125603 | NS      | $1836783.93   | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                                                  | Vornado Realty Trust                                       | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6991 | NS      | $208960.99    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Gs Mortgage Securities Trust                                          | GS Mortgage Securities Trust 2020-GC47                     | CUSIP: 36258RAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $972965.00    | 1.29%             | 2030-04-12      | Variable      | 3.56%                 | Yes           |                  2 | On Loan: No      |
| Cantor Commercial Real Estate Lending                                 | Cantor Commercial Real Estate Lending 2019-CF2             | CUSIP: 12528YAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1750000 | PA      | $1559287.10   | 2.07%             | 2029-10-15      | Variable      | 3.71%                 | No            |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                                              | Benchmark 2023-B40 Mortgage Trust                          | CUSIP: 08163WAM7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1290000 | PA      | $903439.63    | 1.20%             | 2033-12-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Jp Morgan Chase Commercial Mortgage Sec Trust                         | JPMorgan Chase Commercial Mortgage Securities Trust        | CUSIP: 46634SAM7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    314862 | PA      | $311762.39    | 0.41%             | 2045-05-15      | Variable      | 5.13%                 | Yes           |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                   | Citigroup Commercial Mortgage Trust 2019-GC43              | CUSIP: 17328HBJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1619385.40   | 2.15%             | 2029-11-10      | Variable      | 3.73%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                   | Citigroup Commercial Mortgage Trust 2019-GC43              | CUSIP: 17328HAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4074000 | PA      | $2157438.44   | 2.87%             | 2029-11-10      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Gaming And Leisure Properties Inc                                     | Gaming and Leisure Properties, Inc.                        | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |     28299 | NS      | $1371369.54   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Sf Real Estate Investment Trust                                       | SF Real Estate Investment Trust                            | CUSIP: N/A<br>LEI: 213800UGJNP2A1O21932       | Long             | EC               | CORP              | HK        |    286000 | NS      | $94207.47     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Comm Mortgage Trust                                                   | Commercial Mortgage Trust                                  | CUSIP: 20048EAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     76257 | PA      | $74123.51     | 0.10%             | 2046-01-10      | Variable      | 3.86%                 | Yes           |                  2 | On Loan: No      |
| Bmo Mortgage Trust                                                    | BMO 2023-C4 Mortgage Trust                                 | CUSIP: 05610CAP9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2125000 | PA      | $1914455.43   | 2.54%             | 2033-01-15      | Variable      | 6.06%                 | Yes           |                  2 | On Loan: No      |
| British Land Co Plc/the                                               | British Land Co. PLC                                       | CUSIP: G15540118<br>LEI: RV5B68J2GV3QGMRPW209 | Long             | EC               | CORP              | GB        |     61054 | NS      | $321433.04    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Legends Outlets (kansas City, Ks) Mortgage Secured Pass-through Trust | MES01 G                                                    | CUSIP: 524947AF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2320000 | PA      | $2297784.14   | 3.05%             | 2027-11-05      | Fixed         | 10.03%                | Yes           |                  2 | On Loan: No      |
| Msrw Pass-through Trust                                               | MSRW 2026-FAYM Pass-Through Trust                          | CUSIP: 55361CAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1999999.98   | 2.66%             | 2031-05-15      | Fixed         | 9.68%                 | Yes           |                  2 | On Loan: No      |
| Smartstop Self Storage Reit Inc                                       | Smartstop Self Storage REIT, Inc.                          | CUSIP: 83192D402<br>LEI: 549300EC266625K12S42 | Long             | EC               | CORP              | US        |     19788 | NS      | $622926.24    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                 | Wells Fargo Commercial Mortgage Trust 2025-5C3             | CUSIP: 95004JAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  32613000 | PA      | $2835762.31   | 3.77%             | 2058-01-15      | Variable      | 2.88%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                 | Wells Fargo Commercial Mortgage Trust                      | CUSIP: 95003MBU1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  45827000 | PA      | $104261.01    | 0.14%             | 2055-04-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| Bank                                                                  | BANK 2020-BNK25                                            | CUSIP: 06539WAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $1699056.00   | 2.26%             | 2030-02-15      | Variable      | 2.02%                 | Yes           |                  2 | On Loan: No      |
| National Health Investors Inc                                         | National Health Investors, Inc.                            | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               | CORP              | US        |      5847 | NS      | $449692.77    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Ctp Nv                                                                | CTP NV                                                     | CUSIP: N/A<br>LEI: 3157000YTVO4TN65UM14       | Long             | EC               | CORP              | NL        |     10200 | NS      | $192498.00    | 0.26%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Barclays Commercial Mortgage Securities Llc                           | BBCMS Mortgage Trust 2024-C24                              | CUSIP: 07336VAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2125000 | PA      | $1532877.46   | 2.04%             | 2034-01-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Merlin Properties Socimi Sa                                           | Merlin Properties Socimi SA                                | CUSIP: N/A<br>LEI: 959800L8KD863DP30X04       | Long             | EC               | CORP              | ES        |     18209 | NS      | $317360.28    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchmark Mortgage Trust                                              | Benchmark 2022-B36 Mortgage Trust                          | CUSIP: 08163QAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  15860000 | PA      | $2235290.95   | 2.97%             | 2032-05-15      | Variable      | 2.79%                 | Yes           |                  2 | On Loan: No      |
| Digital Realty Trust Inc                                              | Digital Realty Trust, Inc.                                 | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |      1322 | NS      | $265642.68    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontview Reit Inc                                                    | FrontView REIT, Inc.                                       | CUSIP: 35922N100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43630 | NS      | $772251.00    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                                                          | Prologis, Inc.                                             | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |      6087 | NS      | $864475.74    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank                                                                  | BANK 2020-BNK25                                            | CUSIP: 06539WAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $889473.75    | 1.18%             | 2030-01-15      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| Bx Trust                                                              | BX 2025-BIO3 Mortgage Trust                                | CUSIP: 123911AC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  30000000 | PA      | $746193.00    | 0.99%             | 2030-02-10      | Variable      | 0.96%                 | Yes           |                  2 | On Loan: No      |
| Iron Mountain Inc                                                     | Iron Mountain, Inc.                                        | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |      8415 | NS      | $1060205.85   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays Commercial Mortgage Securities Llc                           | BBCMS Mortgage Trust 2026-5C40                             | CUSIP: 05557AAR4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1050250.65   | 1.40%             | 2031-01-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Capitaland Investment Ltd/singapore                                   | CapitaLand Investment, Ltd./Singapore                      | CUSIP: N/A<br>LEI: 254900AT4UQDU7SNXX49       | Long             | EC               | CORP              | SG        |     91600 | NS      | $200069.14    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchmark Mortgage Trust                                              | Benchmark 2019-B15 Mortgage Trust                          | CUSIP: 08160KAK0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1862000 | PA      | $1504784.05   | 2.00%             | 2029-12-15      | Variable      | 3.83%                 | No            |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                                              | Benchmark 2023-B40 Mortgage Trust                          | CUSIP: 08163WAX3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4000000 | PA      | $793712.80    | 1.05%             | 2033-08-15      | Variable      | 3.91%                 | Yes           |                  2 | On Loan: No      |
| Ui Boustead Reit                                                      | UI Boustead REIT                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SG        |    804100 | NS      | $530675.68    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                 | Wells Fargo Commercial Mortgage Trust 2025-5C5             | CUSIP: 95004MAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  21800000 | PA      | $2023430.22   | 2.69%             | 2058-07-15      | Variable      | 2.69%                 | Yes           |                  2 | On Loan: No      |
| Mitsui Fudosan Co Ltd                                                 | Mitsui Fudosan Co., Ltd.                                   | CUSIP: N/A<br>LEI: 353800ND4ZKNZDYKMF33       | Long             | EC               | CORP              | JP        |     64400 | NS      | $701158.06    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Hongkong Land Holdings Ltd                                            | Hongkong Land Holdings, Ltd.                               | CUSIP: G4587L109<br>LEI: 213800XCHYNRPAYGXW28 | Long             | EC               | CORP              | BM        |     78300 | NS      | $617787.00    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Warehouses De Pauw Cva                                                | Warehouses De Pauw CVA                                     | CUSIP: N/A<br>LEI: 549300HWDYC5JXC85138       | Long             | EC               | CORP              | BE        |     19640 | NS      | $516332.57    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastgroup Properties Inc                                              | EastGroup Properties, Inc.                                 | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |      2992 | NS      | $601990.40    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Centuria Capital Group                                                | Centuria Capital Group                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    202313 | NS      | $245428.27    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Kilroy Realty Corp                                                    | Kilroy Realty Corp.                                        | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               | CORP              | US        |     10414 | NS      | $346369.64    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Saul Centers Inc                                                      | Saul Centers, Inc.                                         | CUSIP: 804395101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28300 | NS      | $974369.00    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                                                         | Welltower, Inc.                                            | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |      8030 | NS      | $1745240.20   | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Comm Mortgage Trust                                                   | COMM 2025-167G Mortgage Trust                              | CUSIP: 12674VAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  85000000 | PA      | $1294269.50   | 1.72%             | 2030-08-10      | Variable      | 0.61%                 | Yes           |                  2 | On Loan: No      |
| Extra Space Storage Inc                                               | Extra Space Storage, Inc.                                  | CUSIP: 30225T102<br>LEI: 529900SDJHKRQWED6A16 | Long             | EC               | CORP              | US        |      5052 | NS      | $724103.16    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Pro Real Estate Investment Trust                                      | PRO Real Estate Investment Trust                           | CUSIP: 742694300<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     31603 | NS      | $151692.54    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Comm Mortgage Trust                                                   | COMM 2014-UBS5 Mortgage Trust                              | CUSIP: 12592KAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5004500 | PA      | $3325878.10   | 4.42%             | 2047-09-10      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                                        | Morgan Stanley Capital I Trust 2020-L4                     | CUSIP: 61770KBB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    541000 | PA      | $485673.44    | 0.65%             | 2030-02-15      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                                              | Benchmark 2021-B31 Mortgage Trust                          | CUSIP: 08163MAY3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1149000 | PA      | $656294.09    | 0.87%             | 2031-11-15      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| Goodman Group                                                         | Goodman Group                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |     47514 | NS      | $1011860.50   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Ubs Commercial Mortgage Trust                                         | UBS Commercial Mortgage Trust                              | CUSIP: 90278MAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1400000 | PA      | $1073923.90   | 1.43%             | 2029-10-15      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities Llc                           | BBCMS Mortgage Trust 2024-C26                              | CUSIP: 05555AAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4557500 | PA      | $680580.59    | 0.90%             | 2034-05-15      | Variable      | 2.57%                 | Yes           |                  2 | On Loan: No      |
| Safestore Holdings Plc                                                | Safestore Holdings PLC                                     | CUSIP: N/A<br>LEI: 213800WGA3YSJC1YOH73       | Long             | EC               | CORP              | GB        |     23425 | NS      | $213087.85    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiwa House Reit Investment Corp                                      | Daiwa House REIT Investment Corp.                          | CUSIP: N/A<br>LEI: 3538001FWU534P8JMO05       | Long             | EC               | CORP              | JP        |       292 | NS      | $234264.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties Inc                                             | Healthpeak Properties, Inc.                                | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               | CORP              | US        |     64695 | NS      | $1046118.15   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                                                 | American Homes 4 Rent                                      | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |     18696 | NS      | $595280.64    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Institutional Treasury Plus Money Market Fund            | State Street Institutional Treasury Plus Money Market Fund | CUSIP: 857492862<br>LEI: 549300PNASLVKQG64331 | Long             | STIV             | RF                | US        |   2741956 | NS      | $2741956.19   | 3.64%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARTWELL RETIREMENT RESIDENCES                                       | Chartwell Retirement Residence                             | CUSIP: N/A<br>LEI: 549300M7UBEIZBWP4069       | Long             | EC               | CORP              | CA        |     13700 | NS      | $217247.40    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays Commercial Mortgage Securities Llc                           | BBCMS Mortgage Trust 2025-C32                              | CUSIP: 07337AAX4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $1955531.40   | 2.60%             | 2035-01-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Aims Apac Reit                                                        | AIMS AMP Capital Industrial REIT                           | CUSIP: N/A<br>LEI: 549300MGNQOBQ3KVN734       | Long             | EC               | CORP              | SG        |    187500 | NS      | $222442.65    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Centurion Accommodation Reit                                          | Centurion Accommodation Reit                               | CUSIP: YK0847904<br>LEI: 254900NE2W0T2HDOXF24 | Long             | EC               | CORP              | SG        |    487079 | NS      | $420951.37    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Jpmbb Commercial Mortgage Securities Trust                            | JPMorgan Chase Commercial Mortgage Securities Trust        | CUSIP: 46640NAM0<br>LEI: 549300UOGMFS1M8XVM16 | Long             | ABS-MBS          | CORP              | US        |   8561709 | PA      | $54020.96     | 0.07%             | 2045-11-15      | Variable      | 1.20%                 | Yes           |                  2 | On Loan: No      |
| Qualitas Real Estate Income Fund                                      | Qualitas Real Estate Income Fund                           | CUSIP: Q61825107<br>LEI: 213800DV4JX1UQYXMC45 | Long             | EC               | CORP              | AU        |    364072 | NS      | $411517.03    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Bmo 2022-c1 Mortgage Trust                                            | BMO 2022-C1 Mortgage Trust                                 | CUSIP: 05609MBJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5548000 | PA      | $3850098.40   | 5.12%             | 2032-02-15      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Baml Trust                                             | Morgan Stanley Bank of America Merrill Lynch Trust         | CUSIP: 61764RAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  16967678 | PA      | $267542.96    | 0.36%             | 2048-02-15      | Variable      | 1.75%                 | Yes           |                  2 | On Loan: No      |
| Essex Property Trust Inc                                              | Essex Property Trust, Inc.                                 | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |      1511 | NS      | $397710.31    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities Inc                                                   | Sun Communities, Inc.                                      | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |      3598 | NS      | $459968.32    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Bmo Mortgage Trust                                                    | BMO 2024-C9 Mortgage Trust                                 | CUSIP: 05593MAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9145000 | PA      | $1003718.62   | 1.33%             | 2034-07-15      | Variable      | 2.10%                 | Yes           |                  2 | On Loan: No      |
| Bank                                                                  | BANK                                                       | CUSIP: 06540CCC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3100000 | PA      | $194891.73    | 0.26%             | 2064-06-15      | Variable      | 1.50%                 | Yes           |                  2 | On Loan: No      |
| Cre Logistics Reit Inc                                                | CRE Logistics REIT, Inc.                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       192 | NS      | $189479.74    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                                                           | Equinix, Inc.                                              | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      2577 | NS      | $2790452.91   | 3.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                 | Wells Fargo Commercial Mortgage Trust 2024-5C2             | CUSIP: 95003UAK6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9160000 | PA      | $586027.49    | 0.78%             | 2057-11-15      | Variable      | 2.28%                 | Yes           |                  2 | On Loan: No      |
| Rexford Industrial Realty Inc                                         | Rexford Industrial Realty, Inc.                            | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |     15784 | NS      | $566487.76    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchmark Mortgage Trust                                              | Benchmark 2018-B6 Mortgage Trust                           | CUSIP: 08162CAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1719500 | PA      | $1317055.32   | 1.75%             | 2028-09-10      | Variable      | 3.24%                 | Yes           |                  2 | On Loan: No      |
| Brandywine Realty Trust                                               | Brandywine Realty Trust                                    | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |     85727 | NS      | $259752.81    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Nyc Commercial Mortgage Trust 2021-909                                | NYC Commercial Mortgage Trust 2025-28L                     | CUSIP: 67123JAL3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1497690.30   | 1.99%             | 2028-11-05      | Variable      | 8.40%                 | Yes           |                  2 | On Loan: No      |
| Msrw Pass-through Trust                                               | MSRW 2026-CHICOS Pass-Through Trust                        | CUSIP: 553610AE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2468488 | PA      | $2438366.28   | 3.24%             | 2046-02-15      | Fixed         | 9.23%                 | Yes           |                  2 | On Loan: No      |
| Janus Living Inc                                                      | Janus Living, Inc.                                         | CUSIP: 471024109<br>LEI: 2549003JCIOFKGHO7313 | Long             | EC               | CORP              | US        |      7211 | NS      | $189216.64    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexus Industrial Reit                                                 | Nexus Industrial REIT                                      | CUSIP: 65344U101<br>LEI: 549300VXQ93JIP08X629 | Long             | EC               | CORP              | CA        |     80800 | NS      | $474086.94    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Dream Industrial Real Estate Investment Trust                         | Dream Industrial Real Estate Investment Trust              | CUSIP: 26153W109<br>LEI: 549300QOI0TM3CBYUH79 | Long             | EC               | CORP              | CA        |     15300 | NS      | $154086.94    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays Commercial Mortgage Securities Llc                           | BBCMS Mortgage Trust 2024-C24                              | CUSIP: 07336VAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2900000 | PA      | $1683071.84   | 2.24%             | 2034-02-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                                        | Morgan Stanley Capital I Trust 2019-H6                     | CUSIP: 61769JAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1750000 | PA      | $1451836.93   | 1.93%             | 2029-06-15      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Unite Group Plc/the                                                   | UNITE Group PLC                                            | CUSIP: N/A<br>LEI: 213800BBUUWVDH9YI827       | Long             | EC               | CORP              | GB        |     22142 | NS      | $139741.46    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Henderson Land Development Co Ltd                                     | Henderson Land Development Co., Ltd.                       | CUSIP: Y31476107<br>LEI: 529900SYQB7IVR9QGN76 | Long             | EC               | CORP              | HK        |     97000 | NS      | $381188.64    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank                                                                  | BANK 2021-BNK35                                            | CUSIP: 06540CAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $705555.60    | 0.94%             | 2031-08-15      | Variable      | 1.77%                 | Yes           |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                   | Citigroup Commercial Mortgage Trust 2019-GC41              | CUSIP: 17328FAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1600000 | PA      | $1262592.96   | 1.68%             | 2029-08-10      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Go Residential Real Estate Investment Trust                           | GO Residential Real Estate Investment Trust                | CUSIP: 36272H107<br>LEI: 254900BOSTNQM0TQXR30 | Long             | EC               | CORP              | CA        |     37855 | NS      | $384228.25    | 0.51%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                   | Citigroup Commercial Mortgage Trust 2019-C7                | CUSIP: 17328CAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2700000 | PA      | $2496720.24   | 3.32%             | 2029-10-15      | Variable      | 4.05%                 | No            |                  2 | On Loan: No      |
| Hang Lung Properties Ltd                                              | Hang Lung Properties, Ltd.                                 | CUSIP: Y30166105<br>LEI: 529900CIVTNMXQT59E61 | Long             | EC               | CORP              | HK        |    317000 | NS      | $372345.99    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Stoneweg Europe Stapled Trust                                         | Stoneweg Europe Stapled Trust                              | CUSIP: N/A<br>LEI: 21380093RFHTC319NL93       | Long             | EC               | CORP              | SG        |    225760 | NS      | $410694.33    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank                                                                  | BANK 2021-BNK35                                            | CUSIP: 06540CAL1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1700000 | PA      | $913981.20    | 1.21%             | 2031-08-15      | Variable      | 1.77%                 | Yes           |                  2 | On Loan: No      |
| Qualitas Ltd                                                          | Qualitas, Ltd.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |     47681 | NS      | $82730.05     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Sekisui House Reit Inc                                                | Sekisui House Reit, Inc.                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       791 | NS      | $429465.68    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-30

**Name of Applicant:** PRINCIPAL REAL ESTATE INCOME FUND

**Signature:** Erich Rettinger

**Name of Signer:** Erich Rettinger

**Title:** Treasurer