The recent manager departure stretches the capabilities of the team guiding Principal Diversified Real Asset. At the same time, recent portfolio changes raise concerns about the increasingly tactical approach.
Principal Diversified Real Asset Fund Institutional Class PDRDX
- NAV / 1-Day Return 13.60 / −1.38 %
- Total Assets 2.7B
-
Adj. Expense Ratio
0.860%
- Expense Ratio 0.840%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Global Moderate Allocation
- Investment Style Mid Value
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 3.82%
- Turnover 86%
USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 2:29 AM GMT+0
Morningstar’s Analysis PDRDX
Will PDRDX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the PDRDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of PDRDX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 28.2
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Dracay Wellington | 9.68 | 256M | — |
Dracay Corecommodity - 30 | 3.76 | 99M | — |
Global X US Infrastructure Dev ETF | 3.16 | 83M | — |
Principal Government Money Market R-6 | 2.01 | 53M | — |
Dracay Paa Tactical | 1.89 | 50M | — |
Welltower Inc | 1.78 | 47M | Real Estate |
Equinix Inc | 1.54 | 41M | Real Estate |
Prologis Inc | 1.54 | 41M | Real Estate |
Entergy Corp | 1.50 | 40M | Utilities |
Enbridge Inc | 1.29 | 34M | Energy |
United States