Company: PDSRX
Filing Date: 2025-11-25
Form Type: N-CSRS
Source: 0001756404-25-000041
Chunk: 1

Company: Principal Real Asset Fund
Filing Date: 2025-11-25
Form: N-CSRS
Chunk 1
---
............................................................

$

152,128‌**

#### Foreign

#### currency--at

#### cost
**....................................................................................................................................

$

487‌**

#### Assets
Investment

in

securities--at

value

............................................................................................................................

$

163,692‌

Foreign

currency--at

value

....................................................................................................................................

488‌

Cash

...........................................................................................................................................................

142‌

Receivables:

Dividends

and

interest

...................................................................................................................................

636‌

Expense

reimbursement

from

Manager

.................................................................................................................

208‌

Investment

securities

sold

...............................................................................................................................

2‌

Prepaid

expenses

..............................................................................................................................................

9‌

Total

Assets

165,177‌

#### Liabilities
**(a)

Accrued**

### management
and

investment

advisory

fees

..........................................................................................................

226‌

Accrued

transfer

agent

fees

...................................................................................................................................

15‌

Accrued

chief

compliance

officer

fees

........................................................................................................................

1‌

Accrued

directors'

expenses

...................................................................................................................................

43‌

Accrued

professional

fees

.....................................................................................................................................

202‌

Accrued

other

expenses

.......................................................................................................................................

17‌

Payables:

Investment

securities

purchased

........................................................................................................................

975‌

Total

Liabilities

1,479‌

#### Net

#### Assets

#### Applicable

#### to

#### Outstanding

#### Shares
**..............................................................................................................

$

163,698‌**

#### Net

#### Assets

#### Consist
**of:

Capital

shares

and

additional

paid-in-capital

.................................................................................................................

$

144,060‌

Total

distributable

earnings

(accumulated

loss)

...............................................................................................................

19,638‌

Total

Net

Assets

$

163,698‌**

#### Capital

#### Stock
**(par

value:

$.01**

#### per
**share):**

#### Net

#### Asset

#### Value

#### Per
**Share:

Class

A

:

Net

Assets

............................................................................................................................................

$

523‌

Shares

Issued

and

Outstanding

..........................................................................................................................

19‌

Net

Asset

Value

per

share

...............................................................................................................................

$

27

.03‌

(b)

Maximum

Offering

Price

................................................................................................................................

$

28

.68‌