Morningstar

Principal Diversified Real Asset Fund Class A PRDAX

Morningstar Medalist Rating
Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 12.91  /  +0.47 %
  • Total Assets 2.5B
  • Adj. Expense Ratio
    1.220%
  • Expense Ratio 1.200%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Global Moderate Allocation
  • Investment Style Mid Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 5.52%
  • Turnover 86%

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:10 AM GMT+0

Morningstar’s Analysis PRDAX

Will PRDAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRDAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PRDAX 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 PRDAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A manager departs while portfolio changes lean on the hands-on approach.

Analyst Vedran Beogradlija

Vedran Beogradlija

Analyst

Summary

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.

by Vedran Beogradlija
Rated on Published on

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Portfolio Holdings PRDAX

More PRDAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 31.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
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