Company: PDSRX
Filing Date: 2025-05-28
Form Type: N-CSR
Source: 0001756404-25-000011
Chunk: 32

Company: Principal Real Asset Fund
Filing Date: 2025-05-28
Form: N-CSR
Chunk 32
---
certain

corporate

governance

protections,

such

as

the

requirement

of

having

a

majority

or

50%

of

the

directors

serving

on

a

board

as

independent

directors,

statutory

protections

against

self-

dealings

by

the

institutional

asset

managers,

and

leverage

limitations.

Due

to

the

inherent

uncertainty

and

subjectivity

of

determining

the

value

of

investments

in

private

investment

funds,

upon

disposition

the

amounts

realized

may

differ

significantly

had

readily

available

market

values

existed

on

such

investments.

The

Fund

will

hold

liquid

assets

while

it

waits

for

such

Underlying

Funds

to

call

capital,

which

may

negatively

impact

its

performance.

#### Rebates.
Subject

to

best

execution,

the

Fund

may

direct

certain

portfolio

transactions

to

brokerage

firms

that,

in

turn,

have

agreed

to

rebate

a

portion

of

the

related

brokerage

commission

to

the

Fund

in

cash.

Commission

rebates

are

included

as

a

component

of

realized

gain

from

investment

transactions

in

the

statement

of

operations.

#### Restricted

#### Securities.
The

Fund

may

invest

in

securities

that

are

subject

to

legal

or

contractual

restrictions

on

resale.

These

securities

generally

may

be

resold

in

transactions

exempt

from

registration

or

to

the

public

if

the

securities

are

registered.

Disposal

of

these

securities

may

involve

time-consuming

negotiations

and

expense,

and

prompt

sale

at

an

acceptable

price

may

be

difficult.

#### Senior

#### Floating

#### Rate

#### Interests.
The

Fund

may

invest

in

senior

floating

rate

interests

(bank

loans).

Senior