Principal Diversified Real Asset Fund (PDRDX)
The investment seeks a long-term total return in excess of inflation. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in investments related to real assets and real asset companies. It allocates its assets among general investment categories related to real assets, which include tangible assets and investments that are expected to perform well in periods of rising or high inflation, such as the following: infrastructure, natural resources and timber, commodities, real estate, inflation-indexed bonds, and floating rate debt.
Fund Info
| ISIN | US74254V1668 |
|---|---|
| CUSIP | 74254V166 |
| Issuer | Principal |
| Inception Date | Mar 15, 2010 |
| Category | Global Allocation |
| Min. Investment | $0 |
| Asset Class | Multi-Asset |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
PDRDX has a high expense ratio of 0.83%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: PDRDX vs. EQPGX, PDRDX vs. VWO, PDRDX vs. VTHRX, PDRDX vs. VOO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Principal Diversified Real Asset Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Principal Diversified Real Asset Fund had a return of 3.04% year-to-date (YTD) and 5.36% in the last 12 months. Over the past 10 years, Principal Diversified Real Asset Fund had an annualized return of 2.40%, while the S&P 500 had an annualized return of 10.79%, indicating that Principal Diversified Real Asset Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.04% | 9.47% |
| 1 month | 2.81% | 1.91% |
| 6 months | 10.92% | 18.36% |
| 1 year | 5.36% | 26.61% |
| 5 years (annualized) | 5.33% | 12.90% |
| 10 years (annualized) | 2.40% | 10.79% |
Monthly Returns
The table below presents the monthly returns of PDRDX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -2.35% | 0.09% | 3.93% | -1.79% | 3.04% | ||||||||
| 2023 | 4.18% | -3.75% | 0.97% | 1.08% | -4.55% | 2.84% | 2.75% | -3.03% | -3.62% | -1.92% | 5.19% | 3.75% | 3.24% |
| 2022 | -0.23% | 1.52% | 4.37% | -2.51% | 1.18% | -8.74% | 4.49% | -2.30% | -10.19% | 4.75% | 5.82% | -2.99% | -6.19% |
| 2021 | -0.17% | 2.33% | 1.95% | 3.91% | 2.30% | -0.15% | 1.05% | 0.67% | -0.33% | 3.58% | -2.87% | 4.02% | 17.30% |
| 2020 | -1.12% | -4.95% | -14.35% | 6.30% | 2.91% | 1.66% | 4.22% | 2.58% | -1.97% | -0.55% | 7.46% | 3.71% | 3.97% |
| 2019 | 6.56% | 0.54% | 1.44% | 0.62% | -2.74% | 3.72% | -0.96% | -0.62% | 1.24% | 1.32% | 0.00% | 3.25% | 15.02% |
| 2018 | 2.06% | -3.70% | 0.35% | 2.09% | 0.51% | -0.17% | 0.77% | -0.76% | -0.26% | -4.52% | -0.18% | -4.11% | -7.90% |
| 2017 | 2.22% | 1.18% | -0.00% | 0.54% | 0.18% | 0.09% | 2.22% | 0.52% | 0.35% | 0.52% | 0.17% | 1.79% | 10.18% |
| 2016 | -4.20% | 0.20% | 4.78% | 2.66% | 0.09% | 1.66% | 1.18% | -0.45% | 0.99% | -2.06% | -0.46% | 1.58% | 5.85% |
| 2015 | -0.25% | 1.58% | -1.63% | 2.49% | -1.38% | -1.97% | -2.35% | -3.35% | -4.98% | 3.55% | -2.17% | -2.37% | -12.40% |
| 2014 | -0.08% | 3.08% | 0.73% | 1.68% | 1.58% | 2.41% | -2.12% | 2.24% | -3.71% | -0.08% | -1.18% | -1.79% | 2.54% |
| 2013 | 2.74% | -0.58% | 1.68% | 0.82% | -2.37% | -2.18% | 1.89% | -0.67% | 1.86% | 1.66% | -0.74% | 1.31% | 5.39% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PDRDX is 16, indicating that it is in the bottom 16% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
PDRDX (Principal Diversified Real Asset Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Principal Diversified Real Asset Fund (PDRDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Principal Diversified Real Asset Fund granted a 2.54% dividend yield in the last twelve months. The annual payout for that period amounted to $0.29 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.29 | $0.28 | $1.42 | $0.87 | $0.06 | $0.28 | $0.36 | $0.26 | $0.28 | $0.10 | $0.26 | $0.27 |
Dividend yield | 2.54% | 2.52% | 12.88% | 6.56% | 0.52% | 2.36% | 3.47% | 2.21% | 2.61% | 0.99% | 2.17% | 2.21% |
Monthly Dividends
The table displays the monthly dividend distributions for Principal Diversified Real Asset Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | |||||||
| 2023 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.28 |
| 2022 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $1.00 | $1.42 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.49 | $0.87 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.06 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.10 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2013 | $0.27 | $0.27 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Principal Diversified Real Asset Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Principal Diversified Real Asset Fund was 28.55%, occurring on Mar 23, 2020. Recovery took 172 trading sessions.
The current Principal Diversified Real Asset Fund drawdown is 7.34%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -28.55% | Jan 21, 2020 | 44 | Mar 23, 2020 | 172 | Nov 24, 2020 | 216 |
| -25.6% | Sep 4, 2014 | 363 | Feb 11, 2016 | 968 | Dec 16, 2019 | 1331 |
| -19.35% | Apr 21, 2022 | 123 | Oct 14, 2022 | — | — | — |
| -13.81% | May 2, 2011 | 108 | Oct 3, 2011 | 234 | Sep 7, 2012 | 342 |
| -8.51% | May 4, 2010 | 13 | May 20, 2010 | 50 | Aug 2, 2010 | 63 |
Volatility
Volatility Chart
The current Principal Diversified Real Asset Fund volatility is 2.83%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.