Principal Real Estate Income Fund Enters Oversold Territory

Principal Real Estate Income Fund (PGZ) has become oversold, entering the bottom 10% of the coverage universe with an RSI reading of 27.5. This indicates a potential buying opportunity for dividend investors, given the recent annualized dividend of 1.26/share and annual yield of 13.21%. The fund's dividend history should also be investigated to determine if the recent dividend is likely to continue.