# Diversified Real Asset Fund

Diversified Real Asset Fund is a registered fund series of Principal Funds, Inc (series S000028139). Net assets $2.7B as of 2026-05-31.

## Profile

- Series ID: S000028139
- Registrant: Principal Funds, Inc
- LEI: 549300FY1HF8KNDK4G58
- Net assets: $2.7B
- Total assets: $2.7B
- As of: 2026-05-31

## Advisers

- [Delaware Investments Fund Advisers (Subadvisor)](https://search.stillhousedata.com/firm/105390)
- [Wellington Management Company LLP (Subadvisor)](https://search.stillhousedata.com/firm/106595)
- [Blackrock Financial Management, INC (Subadvisor)](https://search.stillhousedata.com/firm/107105)
- [Principal Global Investors, LLC (Advisor)](https://search.stillhousedata.com/firm/109002)
- [Principal Real Estate Investors LLC (Subadvisor)](https://search.stillhousedata.com/firm/109008)
- [Newton Investment Management (Subadvisor)](https://search.stillhousedata.com/firm/111208)
- [CoreCommodity Management, LLC (Subadvisor)](https://search.stillhousedata.com/firm/135810)
- [Pictet Asset Management SA (Subadvisor)](https://search.stillhousedata.com/firm/140074)
- [ClearBridge Investments (North America) PTY Limited (Subadvisor)](https://search.stillhousedata.com/firm/151223)
- [Nuveen Asset Management, LLC (Subadvisor)](https://search.stillhousedata.com/firm/155584)

## Top holdings (200 reported)

_Showing 15 of 200 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [Global X US Infrastructure Development ETF](https://search.stillhousedata.com/security/37954Y673) | — | $82.7M | 307.69% |
| [Principal Funds, Inc - Government Money Market Fund - Class R-6](https://search.stillhousedata.com/security/74257B639) | — | $71.7M | 266.83% |
| [United States Treasury Bill](https://search.stillhousedata.com/security/912797TE7) | — | $65.2M | 242.64% |
| [United States Treasury Bill](https://search.stillhousedata.com/security/912797UN5) | — | $65.2M | 242.48% |
| [United States Treasury Bill](https://search.stillhousedata.com/security/912797TD9) | — | $54.8M | 203.92% |
| [SPDR Gold MiniShares Trust](https://search.stillhousedata.com/security/98149E303) | — | $49.1M | 182.56% |
| [Welltower Inc](https://search.stillhousedata.com/security/95040Q104) | — | $45.4M | 168.91% |
| [Prologis Inc](https://search.stillhousedata.com/security/74340W103) | — | $41.9M | 155.68% |
| [Equinix Inc](https://search.stillhousedata.com/security/29444U700) | — | $40.3M | 149.71% |
| [Entergy Corp](https://search.stillhousedata.com/security/29364G103) | — | $39.6M | 147.23% |
| [Williams Cos Inc/The](https://search.stillhousedata.com/security/969457100) | — | $32.9M | 122.34% |
| [United States Treasury Bill](https://search.stillhousedata.com/security/912797UP0) | — | $32.0M | 118.89% |
| [NextEra Energy Inc](https://search.stillhousedata.com/security/65339F101) | — | $31.8M | 118.22% |
| Engie SA | — | $29.2M | 108.65% |
| TC Energy Corp | — | $29.0M | 107.68% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-05-31 | $2.7B |
| 2026-02-28 | $2.7B |
| 2025-11-30 | $2.4B |
| 2025-08-31 | $2.4B |
| 2025-05-31 | $2.5B |
| 2025-02-28 | $2.5B |
| 2024-11-30 | $2.8B |
| 2024-08-31 | $3.1B |

## More

- [Registrant: Principal Funds, Inc](https://search.stillhousedata.com/registrant/898745)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000028139.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.