He announces notification of distribution sources
Denverand February 28, 2025 / PRNEWSWIRE/ – Main Real Estate Income Fund PGZ Announces the sources of the distribution paid on February 28, 2025 to 0.1050 dollars For one share to the shareholders’ shareholders at the end of the work February 13, 2025According to the distribution plan managed by the fund. This press statement is issued as required by an exempt order that the fund gives by the US Securities and Exchange Committee, and the notice below is sent to shareholders regarding the source of the distribution.
A statement pursuant to Article 19 (A) of the Investment Company Law of 1940
The following table determines the estimated amount of distribution sources for the purposes of Article 19 of the Investment Company Law of 1940, in its amended form, and the relevant rules accordingly. According to the principles of accountable accounting in general (“” GAAP “), the fund estimates the following percentages, out of the total distribution amount per share, and is attributed to (1) net investment income in the current and pre -fiscal year, (2) net capital profit in the short term, (III) net capital profit in the long term and (IV) to return capital or the total capital source. These percentage of the current distribution is revealed in addition to the amount of the financial distribution of the one share of the fund.
|
The current distribution from: |
||
|
For one stock ($) |
% |
|
|
Net investment income |
0.0468 |
44.57 % |
|
Capital gain in the short term achieved |
0.0000 |
0.00 % |
|
Long -term capital gain |
0.0000 |
0.00 % |
|
The return of capital or another source |
0.0582 |
55.43 % |
|
Total (for each shared share) |
0.1050 |
100.00 % |
|
The cumulative fiscal year |
||
|
Distributions from: |
||
|
For one stock ($) |
% |
|
|
Net investment income |
0.1888 |
44.95 % |
|
Capital gain in the short term achieved |
0.0000 |
0.00 % |
|
Long -term capital gain |
0.0000 |
0.00 % |
|
The return of capital or another source |
0.2312 |
55.05 % |
|
Total (for each shared share) |
0.4200 |
100.00 % |
The fund estimates that he distributed more than its income; Therefore, part of your distribution may be a return to capital. The capital return may occur, for example, when some of the money you invested in the box is paid. The return on capital distribution does not necessarily reflect the performance of the investment in the fund, and it should not be confused with “return” or “income”.
The timing and character of distributions for federal income tax purposes is determined according to the tax regulations of income, which may differ from the principles of accounting generally accepted. As such, each or part of this distribution may be reported as a taxable income for the approval of the Federal Income Tax for the year 2025. The final tax character will be determined for any distribution announced in 2025 January 2026 I inform you of the Tax Authority 1099-DIV.
The sums and sources of distributions mentioned in this notice 19 (a) are only estimates and not for tax reports purposes. The actual amounts and sources of amounts for tax reporting depend on the investment experience in the fund during the remaining period of the fiscal year and may be subject to changes based on tax regulations. The fund will send you a 1099-DIV model for the evaluation year that will tell you how to report these distributions for federal income tax purposes.
The return numbers are presented below, based on the change in the net value of the assets of the fund per share (“NAV”), compared to the annual distribution rate of this current distribution as a percentage of NAV on the last day of the previous month of the distribution date.
Performance and distribution performance
|
YTD Financial (11/1/24 – 1/31/25) |
|
|
Annual distribution rate as a percentage of NAV^ |
10.94 % |
|
The cumulative distribution rate on NAV^ |
3.65 % |
|
The total cumulative return on NAV* |
0.22 % |
|
Average annual annual return on NAV for 5 years |
-3.45 % |
|
^ Based on NAV, the box starting from January 31, 2025. |
||
|
*The cumulative financial return depends on NAV’s change, including paid distributions and the assumption of this re -investment |
||
|
** The average annual return for a period of 5 years depends on the change in NAV, including paid distributions and the assumption of this re -investment |
Although Nav’s performance may be an indication of investment performance in the fund, it does not measure the value of the shareholder investment in the fund. The value of the shareholder investment in the fund is determined through the market price in the fund, which depends on supply and demand on the shares of the fund in the open market. The past performance does not guarantee future results. The shareholders must not extract any conclusions about the investment performance in the fund from the amount of this distribution or from the conditions of the distribution plan for the fund.
Moreover, the Board of Trustees reviews the amount of any possible distribution, income, or the capital gain or the available capital. The Board of Trustees will continue to monitor the level of the fund’s distribution, taking into account the net value of the funds for the fund and the financial market environment. The policy of distributing the fund is subject to amending the Board of Trustees at any time. The distribution rate should not be considered a profit return or the total return on investing in the fund.
Please keep this document for your records.
Alps Advisors, Inc. She is the fund’s investment advisor.
The main real estate investors are the sub -investment advisor to the fund. The main real estate investors are not LLC to Alps Advisors, Inc. Or any of its subsidiaries.
Alps Portfolio Solutions Distributor, Inc. It is an overra member.
*Registered actor for Alps Distributors, Inc.
Pre 000442 2/28/2026
View original content to download multimedia:https://www.prNewswire.com/news-releases/prinkPal-real-state-incom- Fund-30238508.html
The main real estate income source. Source
Market news and data brought to you benzinga Apis
© 2025 benzinga.com. Benzinga does not provide investment advice. All rights reserved.
