Company: PDSRX
Filing Date: 2025-11-25
Form Type: N-CSRS
Source: 0001756404-25-000041
Chunk: 49

Company: Principal Real Asset Fund
Filing Date: 2025-11-25
Form: N-CSRS
Chunk 49
---

(o)

07/01/2020

-

01/03/2023

5,147‌

5,827‌

60

3.56%

UBS

Trumbull

Property

Growth

&

Income

Fund

(p)

07/01/2020

-

12/30/2021

6,092‌

4,995‌

60

3.05%

Total

$

110,085‌

67.25%

The

private

investment

funds

listed

in

the

table

do

not

include

any

unfunded

commitments.  Please

see

Note

3

for

details

of

any

unfunded

commitments.

Amounts

in

thousands.

(a)

This

closed-end

fund

focuses

on

the

Climate

Infrastructure

sector

which

includes

value-add

renewable

energy,

resource

and

energy

efficiency,

transmission

and

smart

grids,

vehicle

electrification,

and

energy

storage

and

microgrids.

The

fund

has

a

life

term

of

10

years

during

which,

redemptions

are

not

permitted.

(b)

This

fund

is

an

open-ended

investment

fund

whose

objective

is

to

identify,

acquire

and

operate

a

diversified

portfolio

of

high

quality,

long-duration,

cash-yielding

investments

that

can

compound

at

attractive

risk-adjusted

rates

of

return.  The

fund

seeks

to

invest

in

assets

across

four

primary

infrastructure

sectors:

energy

infrastructure,

transportation,

digital

infrastructure,

and

water

and

waste.  Redemptions

are

subject

to

a

three-year

lock

up

from

the

acquisition

date.

(c)

The

fund

was

established

as

an

open-end

senior

real

estate

debt

fund

focused

on

providing

primarily

floating

rate

financing

secured

by

commercial

property

primarily

located

in

the

U.S.

### Management
of

the

fund

has

recently

announced

their