Company: PDSRX
Filing Date: 2025-11-25
Form Type: N-CSRS
Source: 0001756404-25-000041
Chunk: 35

Company: Principal Real Asset Fund
Filing Date: 2025-11-25
Form: N-CSRS
Chunk 35
---
March

31,

2025,

were

as

follows

(amounts

in

thousands):

*The

Fund

designates

these

distributions

as

long-term

capital

gain

dividends

per

IRC

Sec.

852

(b)(3)(C)

in

the

20-percent

group

(which

may

be

taxed

at

a

20-percent

rate,

a

15-percent

rate,

or

a

0-percent

rate,

depending

on

the

shareholder’s

taxable

income).

For

U.S.

federal

income

tax

purposes,

short-term

capital

gain

distributions

are

considered

ordinary

income

distributions.

#### Distributable

#### Earnings.
As

of

March

31,

2025,

the

components

of

distributable

earnings

(accumulated

loss)

on

a

federal

tax

basis

were

as

follows

(amounts

in

thousands):

#### Purchases

#### Sales
Principal

Real

Asset

Fund

$

17,425

$

20,632

#### Repurchase

#### Offer

#### #1

#### Repurchase

#### Offer

#### #2
Commencement

Date

March

31,

2025

June

30,

2025

Repurchase

Request

Deadline

April

28,

2025

July

29,

2025

Repurchase

Pricing

Date

April

28,

2025

July

29,

2025

Amount

Repurchased

$

9,733

$

39

Shares

Repurchased

369

1

Percentage

of

Outstanding

Shares

Repurchased

5.97%

0.03%

#### Ordinary

#### Income

#### Long-Term

#### Capital

#### Gain*

#### September

#### 30,

#### 2025

#### March

#### 31,

#### 2025

#### September

#### 30,

#### 2025

#### March

#### 31,

#### 2025
Principal

Real

Asset

Fund

$

1,501

$

2,332

$

—

$

184

#### Undistributed

#### Ordinary

#### Income

#### Undistributed

#### Long-Term

#### Capital

#### Gains

#### Accumulated

#### Losses

#### Net

#### Unrealized

#### Appreciation
**(Depreciation)**