Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | -1.36% | -8.59% | -15.73% | -15.24% | -12.79% | -16.06% | -0.75% | -10.76% | -6.51% | -6.04% |
| Market-price total return | -1.36% | -7.55% | -13.01% | -9.74% | -4.24% | -4.94% | +12.30% | +0.08% | +3.17% | +3.54% |
| NAV return | +0.79% | -3.57% | -7.56% | -9.99% | -8.95% | -10.77% | 0.00% | -10.24% | -5.96% | -4.86% |
| NAV total return | +0.79% | -2.60% | -4.85% | -4.72% | -0.93% | -0.19% | +11.77% | -0.61% | +2.57% | +3.76% |
Performance through Oct 14, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.12% | 0.07% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.12% | 0.08% | as above |
| Volatility, 5 years | 0.15% | 0.09% | as above |
| Maximum drawdown, 3 years | -13.93% | -7.27% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.61 | 0.88 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 0.87 | 1.19 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 0.36 | — | SPY (U.S. equity ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.45 | — | as above |
| Observations (3y) | 751 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for Principal Real Estate Income Fund. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.