Company: PDSRX
Filing Date: 2025-05-28
Form Type: N-CSR
Source: 0001756404-25-000011
Chunk: 87

Company: Principal Real Asset Fund
Filing Date: 2025-05-28
Form: N-CSR
Chunk 87
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 2.(A) All services the primary independent auditor, its subsidiaries and affiliates provide to the Funds, and (B) Audit services, including audits of annual financial statements, audits ofacquiredordivestedbusinessesorreviewofregulatoryfilings,anyindependentauditor provides,shallbeapprovedbytheCommitteeinadvanceinaccordancewiththefollowing procedure: Each quarter, Management will present to the Committee for pre-approval and pre-concurrence, a detailed description of each particular service, excluding tax services, for which pre-approval and pre-concurrenceissought,andthe correspondingrangeoffeesforsuchservice.TheCommitteemay delegate pre-approval and pre-concurrence authority to one or more of its members provided such delegated member(s) shall present a report of any services so pre-approved and pre-concurred to the full Committee at its next regularly scheduled meeting.The Committee Chairperson shall have pre-approval and pre-concurrence authority for changes to any range of fees applicable to services the Committee previously approved and for new services and the range of fees for such services that arise between regularly scheduled Committee meetings. Similarly, the primary independent auditor will present to the Committee for pre- approval and pre-concurrence a written description of the nature and scope of all tax services not expressly prohibited, including the fee arrangements for such services, and the potential effects of such services on the audit firm’s independence. Inconsideringwhetherto grantpre-approval and pre-concurrence with respect totheprimaryindependentauditor’sprovision of non-audit services, the Committee (or the delegated members(s), as applicable) will consider whether the services are compatiblewiththemaintenanceofsuchauditor'sindependence.TheCommittee (or the delegated members(s), as applicable) will also consider whether the primary independent auditor is best positioned to provide the most effective and efficient service, for reasons such as its familiarity with the Funds' business, people, culture, accounting systems, risk profile and otherfactors,andwhethertheservicemightenhancetheFunds'abilitytomanage or control risk or improve audit quality. 3.Theprovisionsofthispolicyshallapplytoallauditandnon-auditservicesprovideddirectly to the Funds.Additionally, the provisions of this policy shall apply to non-audit services provided to Principal Global Investors, LLC (“PGI”) or an affiliate of PGI that provides ongoing services to the Funds if the engagement relates directly to the operations and financial reporting