PRDAX

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.