# PGIM Private Real Estate Fund, Inc. - Class I (PPRUX): Closed-End Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/pprux for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: PGIM · Asset class: Equity - Strategy: Actively Managed · Inception: 2022-11-03 PGIM Private Real Estate Fund, Inc. operates as a closed-end investment vehicle, established with the dual objective of generating consistent income and fostering substantial long-term capital appreciation. Its core investment strategy centers on allocating capital to private real estate assets. This encompasses a broad spectrum of investments, including direct property ownership, equity stakes in real estate or property-related enterprises, and debt instruments secured by real estate or associated companies, all acquired from private issuers or through private market transactions. The fund... ## Key Facts | Metric | Value | |---|---| | Price | $30.82 | | Expense Ratio | 1.71% | | Market Value | $285.5M | | NAV | Not on file (no daily NAV for closed-end funds) | | Holdings Count | — | | Distribution Yield (TTM) | 4.40% | | Annual Distribution (TTM) | $1.36 /share | | Distribution Frequency | Monthly | | 52-Week Range | $30.16 – $30.82 | | Beta | -0.03 | ## Latest Distribution - Amount: $0.1131 /share - Ex-date: 2026-10-23 - Pay date: 2026-10-23 ## Frequently Asked Questions ### What does PPRUX invest in? PGIM Private Real Estate Fund, Inc. operates as a closed-end investment vehicle, established with the dual objective of generating consistent income and fostering substantial long-term capital appreciation. Its core investment strategy centers on allocating capital to private real estate assets. This encompasses a broad spectrum of investments, including direct property ownership, equity stakes in real estate or property-related enterprises, and debt instruments secured by real estate or associated companies, all acquired from private issuers or through private market transactions. The fund was launched on July 23, 2021, and its headquarters are located in Newark, New Jersey. ### What is the expense ratio of PPRUX? PGIM Private Real Estate Fund, Inc. - Class I (PPRUX) charges an expense ratio of 1.71%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is PPRUX? PGIM Private Real Estate Fund, Inc. - Class I (PPRUX) has a market value of $285.5M: its share price times its shares outstanding. A closed-end fund trades above or below its net asset value, so its net assets differ from this figure. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is PPRUX actively managed or an index fund? PPRUX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PPRUX's is 1.71%) in exchange for the discretion to over- or under-weight positions. ### When was PPRUX launched? PGIM Private Real Estate Fund, Inc. - Class I (PPRUX) launched in November 2022 and is managed by PGIM. ### How has PPRUX performed? PPRUX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does PPRUX pay a dividend? PGIM Private Real Estate Fund, Inc. - Class I (PPRUX) currently distributes little or no income. Trailing-twelve-month yield is 4.40%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PPRUX pay dividends? PGIM Private Real Estate Fund, Inc. - Class I pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PPRUX's dividend yield? PPRUX's trailing-twelve-month yield is 4.40%, calculated from the sum of dividends over the past year divided by the current price. ### When is PPRUX's next ex-dividend date? The most recently announced ex-dividend date for PPRUX was 2026-10-23. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will PPRUX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.71% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does PPRUX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PPRUX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does PPRUX cost more than a fund like VOO? PPRUX is actively managed (current expense ratio 1.71%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether PPRUX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to PPRUX? The Lower-Fee Alternatives card above lists closed-end funds following the same investment strategy as PPRUX (1.71%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/pprux - Distribution history: https://www.dividenddata.com/funds/pprux/dividend - Holdings & diversification: https://www.dividenddata.com/funds/pprux/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/pprux/expenses - Peer comparison: https://www.dividenddata.com/funds/pprux/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.