JLL Income Property Trust Declares Monthly Distribution to Investors

JLL Income Property Trust, an institutionally managed, daily NAV REIT (Nasdaq: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX; ZIPIBX; ZIPSAX; ZIPZAX; ZIPDBX) with approximately $6.9 billion in portfolio equity and debt investments, announced that as of July 1, 2026, its Board of Directors declared a distribution for July 2026 of $0.0525 per share and unit. The fund switched from quarterly to monthly distributions in March 2026, which better serves investors by providing the same total distribution more frequently. The distribution is payable on or around July 24, 2026 to stockholders and unitholders of record as of July 23, 2026. On an annualized basis, this gross distribution is equivalent to $0.63 per share and represents a distribution rate of approximately 5.6% on a NAV per share of $11.27 as of the date of approval. All stockholders and unitholders will receive $0.0525 per share less applicable share class specific fees. The distribution rate will differ based on the share and unit class. "Monthly distributions now deliver cash and shares to our stockholders faster and more frequently, which is a meaningful benefit for investors," said JLL Income Property Trust President and CEO Allan Swaringen. "We strive to be a reliable... Read more

Older articles featuring ZIPTAX: