Diversified Real Asset Fund

Fund Profile

Fund profile

Tickers

PRDAX, PDRDX, PDARX, PGDRX

Fund manager

Principal Funds Inc

Total assets

$2.90 bn

Liabilities

$48.35 mm

Net assets

$2.85 bn

Number of holdings

935.00

Top 200 of 935 Holdings

As of Nov 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
BlackRock Fund Advisors	69.29 mm	1.24 mm shares	2.43	Common equity	Long	USA
Global X Funds	63.93 mm	1.40 mm shares	2.25	Common equity	Long	USA
GLD SPDR Gold Shares	58.11 mm	1.10 mm shares	2.04	Common equity	Long	USA
Principal Government Money Market Fund - Class R-6	54.44 mm	54.44 mm shares	1.91	Short-term investment vehicle	Long	USA
United States Treasury Bill	49.67 mm	49.69 mm principal	1.74	Debt	Long	USA
WELL Welltower Inc.	48.67 mm	352.23 k shares	1.71	Common equity	Long	USA
EQIX Equinix, Inc.	44.84 mm	45.68 k shares	1.57	Common equity	Long	USA
United States Treasury Bill	41.82 mm	41.95 mm principal	1.47	Debt	Long	USA
United States Treasury Bill	40.09 mm	40.27 mm principal	1.41	Debt	Long	USA
VBR Vanguard Small Cap Value Index Fund	37.17 mm	378.66 k shares	1.31	Common equity	Long	USA
United States Treasury Bill	36.64 mm	36.71 mm principal	1.29	Debt	Long	USA
Enbridge Inc	36.08 mm	833.87 k shares	1.27	Common equity	Long	Canada
United States Treasury Bill	32.57 mm	32.60 mm principal	1.14	Debt	Long	USA
United States Treasury Bill	31.87 mm	32.07 mm principal	1.12	Debt	Long	USA
PLD Prologis, Inc.	31.36 mm	268.57 k shares	1.10	Common equity	Long	USA
United States Treasury Bill	29.92 mm	30.27 mm principal	1.05	Debt	Long	USA
National Grid PLC	29.82 mm	2.36 mm shares	1.05	Common equity	Long	UK
Goodman Group	28.35 mm	1.14 mm shares	1.00	Common equity	Long	Australia
Mitsui Fudosan Co Ltd	27.55 mm	3.29 mm shares	0.97	Common equity	Long	Japan
AVB AvalonBay Communities, Inc.	26.85 mm	114.07 k shares	0.94	Common equity	Long	USA
United States Treasury Bill	26.15 mm	26.23 mm principal	0.92	Debt	Long	USA
EXR Extra Space Storage Inc.	26.14 mm	152.92 k shares	0.92	Common equity	Long	USA
VTR Ventas, Inc.	25.89 mm	404.16 k shares	0.91	Common equity	Long	USA
VICI VICI Properties Inc.	24.18 mm	741.41 k shares	0.85	Common equity	Long	USA
NEE NextEra Energy, Inc.	23.79 mm	302.42 k shares	0.84	Common equity	Long	USA
AMH American Homes 4 Rent	22.68 mm	592.38 k shares	0.80	Common equity	Long	USA
United States Treasury Bill	22.62 mm	22.70 mm principal	0.79	Debt	Long	USA
United States Treasury Bill	21.90 mm	21.95 mm principal	0.77	Debt	Long	USA
AHR American Healthcare REIT, Inc.	20.10 mm	674.39 k shares	0.71	Common equity	Long	USA
Aena SME SA	18.93 mm	87.40 k shares	0.66	Common equity	Long	Spain
Severn Trent PLC	18.59 mm	541.45 k shares	0.65	Common equity	Long	UK
Vonovia SE	18.39 mm	554.32 k shares	0.65	Common equity	Long	Germany
United Utilities Group PLC	16.79 mm	1.18 mm shares	0.59	Common equity	Long	UK
United States Treasury Bill	16.64 mm	16.76 mm principal	0.58	Debt	Long	USA
Klepierre SA	16.62 mm	549.82 k shares	0.58	Common equity	Long	France
Enav SpA	16.52 mm	3.83 mm shares	0.58	Common equity	Long	Italy
CCI Crown Castle Inc.	16.44 mm	154.73 k shares	0.58	Common equity	Long	USA
Redeia Corp SA	15.70 mm	878.74 k shares	0.55	Common equity	Long	Spain
DLR Digital Realty Trust, Inc.	15.64 mm	79.90 k shares	0.55	Common equity	Long	USA
SRE Sempra	15.49 mm	165.39 k shares	0.54	Common equity	Long	USA
Cellnex Telecom SA - Rights	15.45 mm	429.93 k shares	0.54	Common equity	Long	Spain
ADC Agree Realty Corporation	15.36 mm	200.06 k shares	0.54	Common equity	Long	USA
IP International Paper Company	15.34 mm	260.78 k shares	0.54	Common equity	Long	USA
EQR Equity Residential	14.61 mm	190.60 k shares	0.51	Common equity	Long	USA
OKE ONEOK, Inc.	14.30 mm	125.86 k shares	0.50	Common equity	Long	USA
United States Treasury Bill	13.98 mm	14.05 mm principal	0.49	Debt	Long	USA
Auckland International Airport Ltd	13.94 mm	3.03 mm shares	0.49	Common equity	Long	New Zealand
Essential Utilities Inc	13.91 mm	347.37 k shares	0.49	Common equity	Long	USA
Enel SpA	13.90 mm	1.93 mm shares	0.49	Common equity	Long	Italy
PCG PG&E Corporation	13.79 mm	637.54 k shares	0.48	Common equity	Long	USA
EXC Exelon Corporation	13.77 mm	348.19 k shares	0.48	Common equity	Long	USA
XEL Xcel Energy Inc.	13.24 mm	182.49 k shares	0.47	Common equity	Long	USA
Aeroports de Paris SA	13.19 mm	113.87 k shares	0.46	Common equity	Long	France
ES Eversource Energy	13.07 mm	202.60 k shares	0.46	Common equity	Long	USA
LNG Cheniere Energy, Inc.	12.80 mm	57.15 k shares	0.45	Common equity	Long	USA
AEP American Electric Power Company, Inc.	12.65 mm	126.65 k shares	0.44	Common equity	Long	USA
PR Permian Resources Corporation	12.60 mm	804.35 k shares	0.44	Common equity	Long	USA
DAR Darling Ingredients Inc.	12.59 mm	310.55 k shares	0.44	Common equity	Long	USA
AMT American Tower Corporation	12.41 mm	59.36 k shares	0.44	Common equity	Long	USA
Fannie Mae or Freddie Mac	12.28 mm	12.30 mm principal	0.43	ABS-mortgage backed security	Long	USA
PSX Phillips 66	12.03 mm	89.78 k shares	0.42	Common equity	Long	USA
FCX Freeport-McMoRan Inc.	11.99 mm	271.33 k shares	0.42	Common equity	Long	USA
SW Smurfit Westrock Plc	11.86 mm	215.58 k shares	0.42	Common equity	Long	Ireland
ESS Essex Property Trust, Inc.	11.83 mm	38.11 k shares	0.42	Common equity	Long	USA
UNITE Group PLC/The	11.67 mm	1.04 mm shares	0.41	Common equity	Long	UK
ETR Entergy Corporation	11.59 mm	74.20 k shares	0.41	Common equity	Long	USA
FANG Diamondback Energy, Inc.	11.39 mm	64.14 k shares	0.40	Common equity	Long	USA
KMI Kinder Morgan, Inc.	11.34 mm	401.06 k shares	0.40	Common equity	Long	USA
CMS-PB Consumers Energy Company	11.20 mm	160.72 k shares	0.39	Common equity	Long	USA
Anglo American PLC	11.15 mm	347.30 k shares	0.39	Common equity	Long	UK
Snam SpA	11.05 mm	2.37 mm shares	0.39	Common equity	Long	Italy
United States Treasury Inflation Indexed Bonds	10.98 mm	11.17 mm principal	0.39	Debt	Long	USA
Sun Hung Kai Properties Ltd	10.90 mm	1.09 mm shares	0.38	Common equity	Long	Hong Kong
Gibson Energy Inc	10.82 mm	641.35 k shares	0.38	Common equity	Long	Canada
Capstone Copper Corp	10.76 mm	1.56 mm shares	0.38	Common equity	Long	Canada
United States Treasury Inflation Indexed Bonds	10.39 mm	11.04 mm principal	0.36	Debt	Long	USA
EDP Renovaveis SA	10.35 mm	881.88 k shares	0.36	Common equity	Long	Spain
Sacyr SA	10.34 mm	3.16 mm shares	0.36	Common equity	Long	Spain
NOV NOV Inc.	10.30 mm	643.23 k shares	0.36	Common equity	Long	USA
Link REIT	10.28 mm	2.35 mm shares	0.36	Common equity	Long	Hong Kong
Canadian Natural Resources Ltd	10.27 mm	302.54 k shares	0.36	Common equity	Long	Canada
United States Treasury Inflation Indexed Bonds	10.09 mm	11.04 mm principal	0.35	Debt	Long	USA
EQT EQT Corporation	10.04 mm	220.96 k shares	0.35	Common equity	Long	USA
REG Regency Centers Corporation	9.99 mm	132.10 k shares	0.35	Common equity	Long	USA
United States Treasury Inflation Indexed Bonds	9.98 mm	10.41 mm principal	0.35	Debt	Long	USA
VNO Vornado Realty Trust	9.97 mm	231.68 k shares	0.35	Common equity	Long	USA
Fraport AG Frankfurt Airport Services Worldwide	9.92 mm	180.24 k shares	0.35	Common equity	Long	Germany
Atlas Arteria Ltd	9.91 mm	3.16 mm shares	0.35	Common equity	Long	Australia
United States Treasury Inflation Indexed Bonds	9.73 mm	9.61 mm principal	0.34	Debt	Long	USA
CUZ Cousins Properties Incorporated	9.65 mm	304.15 k shares	0.34	Common equity	Long	USA
SPG Simon Property Group, Inc.	9.61 mm	52.36 k shares	0.34	Common equity	Long	USA
United States Treasury Inflation Indexed Bonds	9.58 mm	9.35 mm principal	0.34	Debt	Long	USA
AR Antero Resources Corporation	9.55 mm	292.29 k shares	0.34	Common equity	Long	USA
United States Treasury Inflation Indexed Bonds	9.47 mm	10.71 mm principal	0.33	Debt	Long	USA
CapitaLand Integrated Commercial Trust	9.43 mm	6.44 mm shares	0.33	Common equity	Long	Singapore
GLPI Gaming and Leisure Properties, Inc.	9.42 mm	182.60 k shares	0.33	Common equity	Long	USA
CCJ Cameco Corporation	9.28 mm	156.13 k shares	0.33	Common equity	Long	Canada
Unibail-Rodamco-Westfield	9.27 mm	113.10 k shares	0.33	Common equity	Long	France
MT ArcelorMittal S.A.	9.04 mm	357.55 k shares	0.32	Common equity	Long	Luxembourg
Grupo Aeroportuario del Centro Norte SAB de CV	8.82 mm	1.09 mm shares	0.31	Common equity	Long	Mexico
CLP Holdings Ltd	8.82 mm	1.05 mm shares	0.31	Common equity	Long	Hong Kong
United States Treasury Inflation Indexed Bonds	8.80 mm	9.17 mm principal	0.31	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	8.78 mm	9.80 mm principal	0.31	Debt	Long	USA
United States Treasury Bill	8.71 mm	8.90 mm principal	0.31	Debt	Long	USA
Terna - Rete Elettrica Nazionale	8.68 mm	1.03 mm shares	0.30	Common equity	Long	Italy
United States Treasury Inflation Indexed Bonds	8.64 mm	9.59 mm principal	0.30	Debt	Long	USA
Host Hotels & Resorts, Inc.	8.46 mm	459.35 k shares	0.30	Common equity	Long	USA
Sprott Physical Uranium Trust	8.39 mm	462.20 k shares	0.29	Common equity	Long	Canada
United States Treasury Inflation Indexed Bonds	8.34 mm	9.13 mm principal	0.29	Debt	Long	USA
Stockland	8.28 mm	2.43 mm shares	0.29	Common equity	Long	Australia
MPC Marathon Petroleum Corporation	8.25 mm	52.83 k shares	0.29	Common equity	Long	USA
United States Treasury Inflation Indexed Bonds	8.22 mm	8.56 mm principal	0.29	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	7.97 mm	8.10 mm principal	0.28	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	7.95 mm	8.22 mm principal	0.28	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	7.84 mm	7.88 mm principal	0.28	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	7.83 mm	8.53 mm principal	0.28	Debt	Long	USA
Koninklijke Vopak NV	7.80 mm	166.68 k shares	0.27	Common equity	Long	Netherlands
SBRA Sabra Health Care REIT, Inc.	7.76 mm	414.22 k shares	0.27	Common equity	Long	USA
NEXTDC Ltd	7.73 mm	724.99 k shares	0.27	Common equity	Long	Australia
Transurban Group	7.68 mm	917.06 k shares	0.27	Common equity	Long	Australia
OXY Occidental Petroleum Corporation	7.64 mm	151.12 k shares	0.27	Common equity	Long	USA
Mapletree Industrial Trust	7.52 mm	4.34 mm shares	0.26	Common equity	Long	Singapore
IVT InvenTrust Properties Corp.	7.49 mm	241.76 k shares	0.26	Common equity	Long	USA
COLD Americold Realty Trust, Inc.	7.48 mm	313.50 k shares	0.26	Common equity	Long	USA
COP ConocoPhillips	7.47 mm	68.97 k shares	0.26	Common equity	Long	USA
D Dominion Energy, Inc.	7.25 mm	123.47 k shares	0.25	Common equity	Long	USA
CRGY Crescent Energy Company	7.24 mm	486.60 k shares	0.25	Common equity	Long	USA
United States Treasury Inflation Indexed Bonds	7.22 mm	7.23 mm principal	0.25	Debt	Long	USA
E.ON SE	7.21 mm	559.21 k shares	0.25	Common equity	Long	Germany
United States Treasury Inflation Indexed Bonds	7.19 mm	7.43 mm principal	0.25	Debt	Long	USA
Segro PLC	7.12 mm	717.87 k shares	0.25	Common equity	Long	UK
KRC Kilroy Realty Corporation	7.09 mm	170.70 k shares	0.25	Common equity	Long	USA
Emera Inc	7.06 mm	184.98 k shares	0.25	Common equity	Long	Canada
United States Treasury Inflation Indexed Bonds	6.94 mm	7.41 mm principal	0.24	Debt	Long	USA
ELS Equity LifeStyle Properties, Inc.	6.83 mm	95.70 k shares	0.24	Common equity	Long	USA
UNP Union Pacific Corporation	6.79 mm	27.77 k shares	0.24	Common equity	Long	USA
Merlin Properties Socimi SA	6.77 mm	617.60 k shares	0.24	Common equity	Long	Spain
Pembina Pipeline Corp	6.70 mm	162.71 k shares	0.24	Common equity	Long	Canada
CDP COPT Defense Properties	6.68 mm	202.70 k shares	0.23	Common equity	Long	USA
OGE OGE Energy Corp.	6.59 mm	149.84 k shares	0.23	Common equity	Long	USA
RHP Ryman Hospitality Properties, Inc.	6.34 mm	54.10 k shares	0.22	Common equity	Long	USA
Pennon Group PLC	6.11 mm	796.01 k shares	0.21	Common equity	Long	UK
REXR Rexford Industrial Realty, Inc.	6.10 mm	145.08 k shares	0.21	Common equity	Long	USA
United States Treasury Inflation Indexed Bonds	6.10 mm	6.22 mm principal	0.21	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	5.98 mm	6.20 mm principal	0.21	Debt	Long	USA
Rio Tinto PLC	5.98 mm	95.09 k shares	0.21	Common equity	Long	UK
CLF Cleveland-Cliffs Inc.	5.92 mm	475.68 k shares	0.21	Common equity	Long	USA
LINE Lineage, Inc.	5.91 mm	93.15 k shares	0.21	Common equity	Long	USA
EDP SA	5.89 mm	1.63 mm shares	0.21	Common equity	Long	Portugal
TC Energy Corp	5.79 mm	118.74 k shares	0.20	Common equity	Long	Canada
NUE Nucor Corporation	5.71 mm	36.91 k shares	0.20	Common equity	Long	USA
BlackRock Liquidity Funds Treasury Trust Fund - Institutional Class	5.64 mm	5.64 mm shares	0.20	Short-term investment vehicle	Long	USA
Orsted AS	5.63 mm	101.07 k shares	0.20	Common equity	Long	Denmark
TECK Teck Resources Limited	5.55 mm	118.96 k shares	0.20	Common equity	Long	Canada
United States Treasury Inflation Indexed Bonds	5.55 mm	5.72 mm principal	0.19	Debt	Long	USA
Nippon Building Fund Inc	5.45 mm	6.50 k shares	0.19	Common equity	Long	Japan
CCR SA	5.43 mm	3.00 mm shares	0.19	Common equity	Long	Brazil
BlackRock Liquidity FedFund - Institutional Class	5.41 mm	5.41 mm shares	0.19	Short-term investment vehicle	Long	USA
CEG Constellation Energy Corporation	5.23 mm	20.37 k shares	0.18	Common equity	Long	USA
Safestore Holdings PLC	5.21 mm	550.13 k shares	0.18	Common equity	Long	UK
United States Treasury Inflation Indexed Bonds	5.21 mm	5.24 mm principal	0.18	Debt	Long	USA
FMC FMC Corporation	5.15 mm	87.17 k shares	0.18	Common equity	Long	USA
Athens International Airport SA	5.07 mm	594.82 k shares	0.18	Common equity	Long	Greece
Nippon Accommodations Fund Inc	5.04 mm	1.30 k shares	0.18	Common equity	Long	Japan
Boardwalk Real Estate Investment Trust	4.97 mm	97.40 k shares	0.17	Common equity	Long	Canada
Fastighets AB Balder	4.93 mm	639.70 k shares	0.17	Common equity	Long	Sweden
United States Treasury Inflation Indexed Bonds	4.88 mm	5.01 mm principal	0.17	Debt	Long	USA
CCK Crown Holdings, Inc.	4.82 mm	52.39 k shares	0.17	Common equity	Long	USA
SCHB Schwab U.S. Broad Market ETF	4.81 mm	182.08 k shares	0.17	Common equity	Long	USA
South Bow Corp	4.76 mm	180.20 k shares	0.17	Common equity	Long	Canada
PowerShares Actively Managed Exchange-Traded Commodity Fund Trust	4.73 mm	352.77 k shares	0.17	Common equity	Long	USA
United States Treasury Bill	4.66 mm	4.70 mm principal	0.16	Debt	Long	USA
FEZ SPDR EURO STOXX 50 ETF	4.65 mm	84.60 k shares	0.16	Common equity	Long	USA
RYN Rayonier Inc.	4.58 mm	143.76 k shares	0.16	Common equity	Long	USA
United States Treasury Inflation Indexed Bonds	4.58 mm	4.22 mm principal	0.16	Debt	Long	USA
Japan Hotel REIT Investment Corp	4.49 mm	9.84 k shares	0.16	Common equity	Long	Japan
WEC WEC Energy Group, Inc.	4.49 mm	44.38 k shares	0.16	Common equity	Long	USA
AEE Ameren Corporation	4.46 mm	47.21 k shares	0.16	Common equity	Long	USA
WY Weyerhaeuser Company	4.31 mm	133.74 k shares	0.15	Common equity	Long	USA
United States Treasury Inflation Indexed Bonds	4.31 mm	4.92 mm principal	0.15	Debt	Long	USA
Pan American Silver Corp	4.30 mm	193.94 k shares	0.15	Common equity	Long	Canada
China Tower Corp Ltd	4.26 mm	32.40 mm shares	0.15	Common equity	Long	China
Sekisui House Reit Inc	4.25 mm	8.70 k shares	0.15	Common equity	Long	Japan
Warehouses De Pauw CVA	4.17 mm	188.40 k shares	0.15	Common equity	Long	Belgium
United States Treasury Inflation Indexed Bonds	4.15 mm	5.42 mm principal	0.15	Debt	Long	USA
BEPC Brookfield Renewable Corporation	4.10 mm	128.38 k shares	0.14	Common equity	Long	USA
Nippon Prologis REIT Inc	3.89 mm	2.47 k shares	0.14	Common equity	Long	Japan
Centrais Eletricas Brasileiras SA	3.87 mm	602.73 k shares	0.14	Preferred equity	Long	Brazil
United States Treasury Inflation Indexed Bonds	3.80 mm	3.75 mm principal	0.13	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	3.77 mm	3.80 mm principal	0.13	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	3.77 mm	3.56 mm principal	0.13	Debt	Long	USA
China Gas Holdings Ltd	3.75 mm	4.51 mm shares	0.13	Common equity	Long	Hong Kong
Vinci SA	3.74 mm	35.43 k shares	0.13	Common equity	Long	France
United States Treasury Inflation Indexed Bonds	3.59 mm	4.46 mm principal	0.13	Debt	Long	USA
EXE Expand Energy Corporation	3.52 mm	35.62 k shares	0.12	Common equity	Long	USA
United States Treasury Inflation Indexed Bonds	3.52 mm	3.52 mm principal	0.12	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	3.48 mm	3.48 mm principal	0.12	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	3.45 mm	3.55 mm principal	0.12	Debt	Long	USA
West Fraser Timber Co Ltd	3.43 mm	34.95 k shares	0.12	Common equity	Long	Canada
United States Treasury Inflation Indexed Bonds	3.37 mm	3.91 mm principal	0.12	Debt	Long	USA