Company: PDSRX
Filing Date: 2025-11-25
Form Type: N-CSRS
Source: 0001756404-25-000041
Chunk: 46

Company: Principal Real Asset Fund
Filing Date: 2025-11-25
Form: N-CSRS
Chunk 46
---
)

2,300‌

242‌

UNITE

Group

PLC/The

27,212‌

263‌

Ventas

Inc

8,183‌

573‌

VICI

Properties

Inc

15,475‌

505‌

Vornado

Realty

Trust

4,882‌

198‌

Welltower

Inc

7,147‌

1,273‌

Weyerhaeuser

Co

2,503‌

62‌

$

13,832‌

#### Telecommunications
#### -

#### 0

#### .23
#### %

Indus

Towers

Ltd

(c)

54,460‌

210‌

### NEXTDC
Ltd

(c)

14,700‌

165‌

$

375‌

#### Transportation
#### -

#### 1

#### .07
#### %

Canadian

National

Railway

Co

2,200‌

207‌

CSX

Corp

18,448‌

655‌

Norfolk

Southern

Corp

428‌

129‌

Rumo

SA

101,304‌

302‌

Union

Pacific

Corp

1,950‌

461‌

$

1,754‌

#### Water
#### -

#### 0

#### .58
#### %

Cia

de

Saneamento

Basico

do

Estado

de

Sao

Paulo

### SABESP
11,600‌

288‌

Guangdong

Investment

Ltd

318,513‌

290‌

Severn

Trent

PLC

10,535‌

367‌

$

945‌

TOTAL

### COMMON

### STOCKS
$

37,568‌

#### Total

#### Investments
**$**

#### 163,692‌

#### Other

#### Assets

#### and

#### Liabilities

#### -  0.00%

#### 6‌

#### TOTAL

#### NET

### ASSETS
#### -

#### 100.00%
**$**

#### 163,698‌

#### Schedule

#### of

#### Investments

#### Principal

#### Real

#### Asset

#### Fund

#### September

#### 30,

#### 2025
**(unaudited)

See

accompanying

notes.

16

(a)

1-day

yield

shown

is

as

of

period

end.

(b)

Private

Investment

Funds

have

quarterly

or

annual