Every material Form 8-K Principal Real Estate Income Fund filed with the SEC in 2023, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Effective November 1, 2023, ALPS Advisors, Inc., the Fund's adviser, voluntarily agreed to waive 0.15% of its advisory fee, based on the Fund's average daily Managed Assets. The Fund's sub-advisor, Principal Real Estate Investors, LLC, agreed to share the waiver, reducing its fee by 0.075%. For shareholders, the filing describes a lower fee arrangement for one year.
Adviser fee waiver of 0.15% of average daily Managed Assets, effective November 1, 2023
Sub-advisor fee reduced by 0.075% under the shared waiver
Waiver is in effect for one year
Board of Trustees recommended the waiver at its recent regularly scheduled meeting
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Principal Real Estate Income Fund filing is on SEC EDGAR ↗. 8-K briefs of other companies →