Company: PDSRX
Filing Date: 2025-05-28
Form Type: N-CSR
Source: 0001756404-25-000011
Chunk: 89

Company: Principal Real Asset Fund
Filing Date: 2025-05-28
Form: N-CSR
Chunk 89
---
role(otherthan membersoftheBoardoftheFundswhoarenotalsoofficers or otherwise “interested persons” (as defined by the Investment Company Act of 1940)oftheFunds),anypersonal tax planning services pursuant to an engagement that was in progress before the hiring or promotion and provided by the primary independent auditor must be completed on or before 180 days after the hiring or promotion. 8.The phrase "financial reporting oversight role" means a role in which a person is in a positiontoexerciseinfluenceoverthecontentsofthefinancialstatementsoranyonewho prepares them, such as a member of the board of directors or similar management or governing body, chief executive officer, president, chief operating officer, chief financial officer, counsel, controller, chief internal auditor, or any equivalent positions. (AdoptedbytheAuditCommitteeoftheBoardoftheFundson March 22, 2024). (e) (2) Pre-Approval Waivers. There were no services, or 0%, provided to the registrant by Ernst & Young that were approved pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X. (f) Substantially all work in connection with the audit of the registrant’s financial statements was performed by full-time employees of Ernst & Young. (g) The aggregate non-audit fees Ernst & Young billed to the registrant, the registrant's investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by or under common control with the adviser that provides ongoing services to the registrant for each of registrant's last two fiscal years were as follows. March 31, 2024 - $244,814 March 31, 2025 - $232,309 (h) The registrant’s audit committee of the board has considered whether the provision of non-audit services that were rendered to the registrant’s investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by or under common control with the investment adviser that provides ongoing services to the registrant that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X is compatible with maintaining the principal accountant’s independence and notes there were no