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.
Fund Family Principal Funds
Category Real Return
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PGDRX
Share Class R-3
Index Index is not available on Lipper Database
PGDRX had a total return of 14.86% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.84%.
