Company: PDSRX
Filing Date: 2025-05-28
Form Type: N-CSR
Source: 0001756404-25-000011
Chunk: 41

Company: Principal Real Asset Fund
Filing Date: 2025-05-28
Form: N-CSR
Chunk 41
---

net

assets

attributable

to

Class

A

shares

of

the

Fund.

Distribution

fees

are

paid

to

the

Distributor

of

the

Fund.

A

portion

of

the

distribution

fees

may

be

paid

to

other

selling

dealers

for

providing

certain

services.

#### Fund

#### Level

#### 1
#### -

#### Quoted

#### Prices

#### Level

#### 2
#### -

#### Other

#### Significant

#### Observable

#### Inputs

#### Level

#### 3
#### -

#### Significant

#### Unobservable

#### Inputs

#### Totals
**(Level**

#### 1,2,3)

#### Principal

#### Real

#### Asset

#### Fund

#### Common

#### Stocks
Basic

Materials

$

1,709

$

1,330

$

—

$

3,039

Communications

—

211

—

211

Consumer,

Cyclical

35

—

—

35

Consumer,

Non-cyclical

650

455

—

1,105

Energy

2,626

1,409

—

4,035

### Financial
6,047

2,126

—

8,173

Industrial

1,622

1,772

—

3,394

Utilities

5,663

2,164

—

7,827

#### Investment

#### Companies*
26,349

—

—

26,349

#### Total
$

44,701

$

9,467

$

—

$

54,168

#### Investments

#### Using

#### NAV

#### as

#### practical

#### expedient

#### Private

#### Investment

#### Funds
116,

879

#### Total

#### investments

#### in

#### securities
$

171,047

#### Share

#### Class

#### Operating

#### Expense

#### Limit

#### Expiration
Class

A

1.39%

July

31,

2025

Class

Y

0.89

July

31,

2025

Institutional

1.09

July

31,

2025

#### 4.

#### Fair

#### Valuation
**(continued)**

#### Notes

#### to

### Financial

#### Statements

#### Principal

#### Real

#### Asset

#### Fund

#### March

#### 31,

#### 2025
16

#### Chief

#### Compliance

#### Officer

#### Expenses.
The

Fund