# EDGAR Filing Document

**Accession Number:** 0001756404
**File Stem:** 0001756404-26-000013
**Filing Date:** 2026-4
**Character Count:** 1844
**Document Hash:** 607bbddd4d2177e727621f53786926a3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001756404-26-000013.hdr.sgml**: 20260414

**ACCESSION NUMBER**: 0001756404-26-000013

**CONFORMED SUBMISSION TYPE**: 424B3

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260414

**DATE AS OF CHANGE**: 20260414

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Principal Real Asset Fund
- **CENTRAL INDEX KEY:** 0001756404

**ORGANIZATION NAME:**
- **EIN:** 832104764
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 424B3
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-228850
- **FILM NUMBER:** 26859302

**BUSINESS ADDRESS:**
- **STREET 1:** 711 HIGH ST.
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392
- **BUSINESS PHONE:** 5152359328

**MAIL ADDRESS:**
- **STREET 1:** 711 HIGH ST.
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Principal Diversified Select Real Asset Fund
- **DATE OF NAME CHANGE:** 20181018

**Principal Real Asset Fund**

**Supplement dated April 14, 2026**

**to the Prospectus and the Statement of Additional Information** 

**dated August 1, 2025** 

**(both as previously supplemented)**

This supplement updates information contained in the Prospectus and Statement of Additional Information. Please retain this supplement for future reference.

The changes described below are being made to the Prospectus.

**FEE TABLE AND SUMMARY** 

*Effective April 24, 2026, under* **Management***, delete all references to Jessica S. Bush.*

**MANAGEMENT OF THE FUND**

*Effective April 24, 2026, under* **Portfolio Management***, delete all references to Jessica S. Bush.*

The changes described below are being made to the Statement of Additional Information.

**PORTFOLIO MANAGERS**

*Effective April 24, 2026, delete all references to Jessica S. Bush.*