0001557523-13-000007 Sample Contracts

PRINCIPAL REAL ESTATE INCOME FUND INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • December 30th, 2013 • Principal Real Estate Income Fund • Delaware

This Investment Advisory Agreement (the “Agreement”) is made and entered into as of this 22nd day of May, 2013, by and between ALPS Advisors, Inc., a Colorado corporation (the “Adviser”), and Principal Real Estate Income Fund (formerly known as Principal Commercial Mortgage Backed Securities Income Fund), a Delaware statutory trust (the “Trust”).

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PRINCIPAL REAL ESTATE INCOME FUND INVESTMENT SUB-ADVISORY AGREEMENT
Principal Real Estate Income Fund • December 30th, 2013 • Principal Real Estate Income Fund • Iowa

AGREEMENT, dated as of May 22, 2013, by and between ALPS Advisors, Inc. (the “Investment Adviser”), a Colorado corporation having its principal place of business at 1290 Broadway, Suite 1100, Denver, Colorado 80203, and Principal Real Estate Investors, LLC, a Delaware limited liability company (the “Sub-Adviser”), having its principal place of business at 801 Grand Avenue, Des Moines, Iowa 50392.

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