Company: PDSRX
Filing Date: 2025-11-25
Form Type: N-CSRS
Source: 0001756404-25-000041
Chunk: 32

Company: Principal Real Asset Fund
Filing Date: 2025-11-25
Form: N-CSRS
Chunk 32
---
ments

subject

to

possible

future

recoupment

under

the

expense

limitation

agreement

were

as

follows

(amounts

in

thousands):

#### Distribution

#### Fees.
The

Class

A

shares

of

the

Fund

bear

distribution

fees.

The

fees

are

computed

at

an

annual

rate

of

0.25%

of

the

average

daily

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.

#### Chief

#### Compliance

#### Officer

#### Expenses.
The

Fund

pays

certain

expenses

associated

with

the

Chief

Compliance

Officer

(“CCO”).

This

expense

is

allocated

among

the

registered

investment

companies

managed

by

the

Manager

based

on

the

relative

net

assets

of

each

fund

and

is

shown

on

the

statement

of

operations.

#### Sales

#### Charges.
The

Distributor

retains

sales

charges

on

certain

sales

of

Class

A

shares

based

on

declining

rates

which

begin

at

5.75%.

For

the

period

ended

September

30,

2025,

sales

charges

retained

by

the

Distributor

were

less

than

$500.

#### Affiliated

#### Ownership
.

As

of

September

30,

2025,

Principal

Life

Insurance

Company

(an

affiliate

of

the

Manager)

owned

shares

of

the

Fund

as

follows

(amounts

of

shares

in

thousands):

#### Share

#### Class

#### Operating

#### Expense

#### Limit

#### Expiration
Class

A

1.39%

July

31,

2026

Class

Y

0.89

July

31,

2026

Institutional

1.09

July

31,

2026

#### Share

#### Class

#### Expiring