Company: PDSRX
Filing Date: 2025-05-28
Form Type: N-CSR
Source: 0001756404-25-000011
Chunk: 6

Company: Principal Real Asset Fund
Filing Date: 2025-05-28
Form: N-CSR
Chunk 6
---
Standard

&

Poor's.

It

covers

roughly

the

small-cap

range

of

American

stocks,

using

a

capitalization-weighted

index.

S&P

GSCI

Total

Return

Index

is

an

index

of

24

exchange-traded

futures

contracts

that

represent

a

large

portion

of

the

global

commodities

market.

3

#### Important

#### Fund

#### Information
Securities

described

in

the

fund

commentary

may

no

longer

be

held

in

the

fund.

The

line

graph

on

the

following

page

illustrates

the

growth

of

a

hypothetical

$100,000

investment.

The

illustration

is

based

on

performance

of

Class

Y

shares.

The

performance

of

other

share

classes

will

differ.

Investment

results

shown

represent

historical

performance

and

do

not

guarantee

future

results.

Your

investment’s

returns

and

principal

values

will

fluctuate

with

changes

in

interest

rates

and

other

market

conditions

so

the

value,

when

redeemed,

may

be

worth

more

or

less

than

original

costs.

Current

performance

may

be

lower

or

higher

than

the

performance

shown.

For

more

information,

including

the

most

recent

month-end

performance,

call

your

### financial
professional,

or

call

800-222-5852.

A

sales

charge

may

apply

as

follows:

Class

A

shares:

maximum

up-front

sales

charges

on

sales

based

on

declining

rates

which

begin

at

5.75%.

Institutional

and

Class

Y

shares

do

not

have

a

sales

charge.

See

the

prospectus

for

details.

Performance

listed

with

sales

charge

reflects

the

maximum

sales

charge.

.

4

Principal

Real

Asset

Fund

Investment

Advisor:

Principal

Global

Investors,

LLC

Sub-Advisors:

Principal

Real

Estate