About PDRDX
Principal Diversified Real Asset Fund Institutional Class is a multi-asset mutual fund that seeks to provide investors with a long-term total return that exceeds inflation. By strategically allocating at least 80% of its net assets across tangible real assets and companies connected to real assets, the fund aims to protect purchasing power and potentially enhance portfolio diversification. The investment universe includes infrastructure, natural resources, commodities, real estate, inflation-indexed bonds, and floating rate debt, enabling exposure to sectors that historically perform well during periods of rising or high inflation. Managed by a team of experienced portfolio managers, the fund combines specialist strategies within each asset class, blended to help reduce volatility and mitigate concentrated risks relative to single-asset investments. This approach positions the fund as a tool for institutional investors and sophisticated asset allocators seeking consistent real return, lower market correlation, and balanced risk in their portfolios. The Principal Diversified Real Asset Fund Institutional Class plays a significant role in the market by offering diversified real asset exposure within a single, actively managed vehicle, addressing the investment needs of those focused on inflation protection and long-term capital appreciation.
Fund Family Principal Funds
Category Real Return
Performance Rating Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol PDRDX
Share Class Institutional Class
Index Index is not available on Lipper Database
PDRDX had a total return of 21.73% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.16%.
