Principal Diversified Real Asset Fund Class A (PRDAX)
| Fund Assets | 2.66B |
| Expense Ratio | 1.23% |
| Min. Investment | $1,000 |
| Turnover | 85.90% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 3.45% |
| Dividend Growth | 135.48% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 18, 2026 |
| Previous Close | 13.32 |
| YTD Return | 9.12% |
| 1-Year Return | 21.24% |
| 5-Year Return | 39.09% |
| 52-Week Low | 10.50 |
| 52-Week High | 13.98 |
| Beta (5Y) | n/a |
| Holdings | 409 |
| Inception Date | Mar 16, 2010 |
About PRDAX
Principal Diversified Real Asset Fund Class A is a mutual fund designed to provide long-term total returns exceeding inflation by allocating its assets across a diverse spectrum of real asset-related investments. The fund invests at least 80% of its net assets in sectors and companies associated with tangible assets known to perform well during periods of rising or sustained inflation. Its portfolio spans infrastructure, natural resources, commodities, real estate, inflation-indexed bonds, and floating rate debt, aiming to offer dynamic exposure to real assets while maintaining a balanced risk profile. The fund’s strategy blends multiple asset categories and employs specialist managers within each class to mitigate risk and seek a more consistent, real-asset-driven outcome. By targeting assets expected to benefit from inflationary environments, the fund plays a significant role in portfolios seeking diversification and inflation protection, particularly within the global moderate allocation category. Its quarterly dividends and broad asset allocation make it a relevant tool for investors looking to hedge against inflation and capitalize on real asset performance over time.
Performance
PRDAX had a total return of 21.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.79%.
Top 10 Holdings
28.83% of assets| Name | Symbol | Weight |
|---|---|---|
| Dracay Wellington | n/a | 8.96% |
| Dracay Paa Tactical | n/a | 4.86% |
| Dracay Corecommodity - 30 | n/a | 4.12% |
| Principal Government Money Market R-6 | PGWXX | 1.95% |
| Welltower Inc. | WELL | 1.79% |
| Prologis, Inc. | PLD | 1.70% |
| CASH & RECEIVABLES | n/a | 1.50% |
| Enbridge Inc. | ENB | 1.38% |
| Global X U.S. Infrastructure Development ETF | PAVE | 1.29% |
| NextEra Energy, Inc. | NEE | 1.26% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 18, 2026 | $0.0396 | Mar 18, 2026 |
| Dec 29, 2025 | $0.1614 | Dec 29, 2025 |
| Sep 18, 2025 | $0.1931 | Sep 18, 2025 |
| Jun 18, 2025 | $0.0844 | Jun 18, 2025 |
| Mar 19, 2025 | $0.030 | Mar 19, 2025 |
| Dec 27, 2024 | $0.0459 | Dec 27, 2024 |