Principal Diversified Real Asset Fund Class R-3 (PGDRX)
| Fund Assets | 2.47B |
| Expense Ratio | 1.35% |
| Min. Investment | $0.00 |
| Turnover | 84.00% |
| Dividend (ttm) | 0.15 |
| Dividend Yield | 1.28% |
| Dividend Growth | -37.66% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 18, 2025 |
| Previous Close | 11.73 |
| YTD Return | 6.94% |
| 1-Year Return | 5.36% |
| 5-Year Return | 38.85% |
| 52-Week Low | 10.41 |
| 52-Week High | 11.82 |
| Beta (5Y) | n/a |
| Holdings | 916 |
| Inception Date | Mar 29, 2016 |
About PGDRX
The Principal Diversified Real Asset Fund R3 is a mutual fund designed to deliver long-term total returns that exceed inflation. Its primary function is to offer investors diversified exposure to a selection of real assets, which can enhance portfolio resilience, particularly during periods of rising or high inflation. The fund allocates at least 80% of its assets to investments related to real assets and companies operating in sectors such as infrastructure, natural resources, commodities, real estate, inflation-indexed bonds, and floating rate debt. This broad allocation enables the fund to potentially capture growth from sectors sensitive to changes in economic cycles and inflation trends. Notably, the fund blends multiple strategies and employs specialist managers for each asset class, aiming to balance risk and produce more consistent outcomes over time. This approach is intended to reduce volatility compared to investing in a single real asset category, thereby appealing to investors seeking comparatively stable real returns. By strategically integrating a variety of tangible and inflation-sensitive investments, the Principal Diversified Real Asset Fund R3 plays a significant role in multi-asset portfolios, complementing traditional equity and fixed income holdings while helping to preserve purchasing power in diverse market conditions.
Performance
PGDRX had a total return of 5.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.45%.
Top 10 Holdings
32.58% of assets| Name | Symbol | Weight |
|---|---|---|
| Dracay Wellington | n/a | 5.01% |
| Dracay Corecommodity - 30 | n/a | 4.95% |
| Dracay Paa Tactical | n/a | 4.09% |
| iShares Global Infrastructure ETF | IGF | 3.56% |
| RECV LCH INTEREST RATE SW Receive | n/a | 3.29% |
| RECV LCH INTEREST RATE SW Receive | n/a | 3.29% |
| RECV LCH INTEREST RATE SW Receive | n/a | 3.29% |
| Future on 2 Year Treasury Note | n/a | 1.82% |
| Welltower Inc. | WELL | 1.81% |
| Principal Government Money Market R-6 | PGWXX | 1.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 18, 2025 | $0.0809 | Jun 18, 2025 |
| Mar 19, 2025 | $0.0265 | Mar 19, 2025 |
| Dec 27, 2024 | $0.0429 | Dec 27, 2024 |
| Jun 20, 2024 | $0.0773 | Jun 20, 2024 |
| Mar 19, 2024 | $0.0508 | Mar 19, 2024 |
| Dec 27, 2023 | $0.0588 | Dec 27, 2023 |