Wells Fargo Securities, LLC
375 Park Avenue
New York, NY 10152
VIA EDGAR
June 21, 2013
Securities and Exchange Commission
100 F Street N.E.
Washington, D.C. 20549
Attn: Mr. John Grzewkiewicz
| Re: Principal Real Estate Income Fund (the “Fund”) |
| (File Nos. 333-183789 and 811-22742) |
Dear Mr. Grzewkiewicz:
Pursuant to Rule 460 of the General Rules and Regulations under the Securities Act of 1933, as amended, we, on behalf of the several underwriters, wish to advise you that distribution of the Registration Statement on Form N-2 as filed on May 29, 2013 and the Preliminary Prospectus dated May 29, 2013 began on May 29, 2013 and is expected to conclude at approximately 5:00 p.m., Eastern Time, on June 25, 2013, with anticipated distribution results as follows: a limited number of Registration Statements have or will be sent to underwriters and approximately 50,000 copies of the Preliminary Prospectus have or will be sent to underwriters, dealers and institutions.
Pursuant to Rule 461 of the General Rules and Regulations under the Securities Act of 1933, as amended, the undersigned, on behalf of the underwriters of the offering of common shares of beneficial interest of the Fund, hereby joins in the request of the Fund for acceleration of the effective date of the above-named Registration Statement so that it becomes effective at 11 a.m. on Tuesday, June 25, 2013, or as soon thereafter as practicable.
