X0505 N-CEN LIVE 0001756404 XXXXXXXX 811-23403 false false N-2 Principal Real Asset Fund 811-23403 0001756404 549300HSJTLJOEDEF407 711 High Street Des Moines 50392 US-IA US 515-235-1719 Principal Global Investors, LLC 801 Grand Avenue Des Moines 50309 515-235-1719 Governance, compliance, accounting, administrative and investment oversight records N N N-2 Y James E. Stueve 000163771 N Barbara Wenig 005412981 Y Danielle E. Davis N/A N Shane C. Goodwin N/A N Teri R. Root 004458076 711 High Street Des Moines 50392 XXXXXX N N N N N N Principal Funds Distributor, Inc. 8-50200 000043261 N/A N/A Y N Ernst & Young LLP 42 254900Y3CIB1KF938C31 N N N N N N N Principal Real Asset Fund 549300HSJTLJOEDEF407 N 0 0 0 Interval Fund Y N N N N/A N/A N/A Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4)) Rule 18f-4(e) (17 CFR 270.18f-4(e)) Rule 22d-1 (17 CFR 270.22d-1) Rule 18f-4 (17 CFR 270.18f-4) Rule 32a-4 (17 CFR 270.32a-4) Rule 12d1-1 (17 CFR 270.12d1-1) Y Y Y N Principal Global Investors, LLC 801-55959 000109002 549300BABIOZPCNHMB89 N Principal Real Estate Investors LLC 801-55618 000109008 549300MQOXJ8V8FMMS34 Y N Principal Shareholder Services, Inc. 084-05657 N/A N/A Y N SS&C GIDS, Inc. 084-00448 N/A N/A N Y N Bloomberg Finance L.P 5493001KJTIIGC8Y1R12 N ICE Data Pricing & Reference Data, LLC 5493000NQ9LYLDBCTL34 N JPM PricingDirect 549300WIC0TOJ7N7GD54 N S&P Global Inc. Y6X4K52KMJMZE7I7MY94 N Kroll N/A N/A N N THE BANK OF NEW YORK MELLON SA/NV ESES FRANCE BEARER N/A N/A FR N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) CITIBANK N.A., SUCURSAL DE LIMA N/A N/A PE N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) THE BANK OF NEW YORK MELLON SA/NV ESES FRANCE REGISTERED N/A N/A FR N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) UNICREDIT BANK AUSTRIA AG D1HEB8VEU6D9M8ZUXG17 AT N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) BANK POLSKA KASA OPIEKI S.A. 5493000LKS7B3UTF7H35 PL N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) CITIBANK MAGHREB 5493003FVWLMBFTISI11 MA N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) DEUTSCHE BANK AG MUMBAI N/A N/A IN N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) NORDEA DENMARK N/A N/A DK N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) EUROCLEAR BANK, BRUSSELS 549300OZ46BRLZ8Y6F65 BE N Y Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) CBM BANCO, S.A., INSTITUCION DE BANCA MULTIPLE, INTEGRANTE DEL GRUPO FINANCIERO CITIBANAMEX (CBM BAN 549300DHL7BK624NK881 MX N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) THE BANK OF NEW YORK MELLON SA/NV EUROCLEAR BELGIUM 21380014SJC1QPK8O356 BE N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) BANK HAPOALIM B.M. B6ARUI4946ST4S7WOU88 IL N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) CACEIS BANK SPAIN S.A.U. 95980020140005900000 ES N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) UBS SWITZERLAND AG 549300WOIFUSNYH0FL22 CH N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) CITIBANK EUROPE PLC N/A N/A PT N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) HSBC BANK MIDDLE EAST LIMITED, DUBAI 549300F99IL9YJDWH369 AE N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) HSBC SHENZHEN 213800H3TEBTFHD5JR69 CN N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) THE BANK OF NEW YORK MELLON N/A N/A IE N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) CITIBANK N.A., BRAZILIAN BRANCH 1P0UUG7LC1S92QTNHG39 BR N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) HONGKONG AND SHANGHAI BANKING CORPORATION, BANGKOK N/A N/A TH N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) STD CHTD BANK, PHILIPPINES BR N/A N/A PH N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) JSC TBANK N/A N/A RU N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) HONGKONG AND SHANGHAI BANKING CORPORATION, HONG KONG 2HI3YI5320L3RW6NJ957 HK N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) HSBC SAUDI ARABIA LIMITED 2138009S6SHV5GLS7987 SA N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) BANCO BILBAO VIZCAYA ARGENTARIA, MADRID K8MS7FD7N5Z2WQ51AZ71 ES N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) CITIBANK EUROPE PLC N/A N/A CZ N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) CIBC MELLON 549300IYUUH221WBZ505 CA N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) THE BANK OF NEW YORK MELLON SA/NV, ASSET SERVICING, NIEDERLASSUNG FRANKFURT AM MAIN N/A N/A DE N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) MUFG BANK, LTD 549300OB5SQ53A8BTO30 JP N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) HSBC BANK MIDDLE EAST LIMITED, DOHA 27633OTAF8526CAHL637 QA N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) STANDARD BANK OF SOUTH AFRICA, JOHANNESBURG QFC8ZCW3Q5PRXU1XTM60 ZA N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) DEUTSCHE BANK AG, JAKARTA N/A N/A ID N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) HSBC BANK AUSTRALIA LIMITED DY9DBNI4W8J63Z298033 AU N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) THE BANK OF NEW YORK MELLON HPFHU0OQ28E4N0NFVK49 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) HSBC BANK (TAIWAN) LIMITED N/A N/A TW N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) STD CHTD BANK KOREA LIMITED N/A N/A KR N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) THE BANK OF NEW YORK MELLON SA/NV N/A N/A IT N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) CITIBANK EUROPE PLC, GREECE BR N/A GR N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) SKANDINAVISKA ENSKILDA BANKEN, STOCKHOLM F3JS33DEI6XQ4ZBPTN86 SE N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) STANDARD CHARTERED BANK (SINGAPORE) LIMITED 549300MDYVVHJ8D1DW28 SG N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) HSBC NEW ZEALAND 213800NHDWIZKO5KIH05 NZ N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) THE BANK OF NEW YORK MELLON MMYX0N4ZEZ13Z4XCG897 BE N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) THE BANK OF NEW YORK MELLON SA/NV N/A N/A DK N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) CITIBANK EUROPE PLC, HUNGARIAN BRANCH OFFICE N/A N/A HU N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) DEUTSCHE BANK, ISTANBUL 789000N5SE3LWDK7OI11 TR N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) STANDARD CHARTERED BANK MALAYSIA BERHAD 549300JTJBG2QBI8KD48 MY N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) BANCO SANTANDER CHILE 3YJP8HORPAEXJ80D6368 CL N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) SKANDINAVISKA ENSKILDA BANKEN AB, OSLO BRANCH N/A N/A NO N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) THE BANK OF NEW YORK MELLON 549300KP56LL8NKKFL47 GB N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) SKANDINAVISKA ENSKILDA BANKEN, HELSINKI BRANCH N/A N/A FI N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) CITITRUST S.A., BOGOTA 549300NMTWZ8076A0603 CO N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) THE BANK OF NEW YORK MELLON SA/NV NATIONAL BANK OF BELGIUM N/A N/A BE N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) HSBC SHANGHAI 2CZOJRADNJXBLT55G526 CN N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) THE BANK OF NEW YORK MELLON SA/NV N/A N/A NL N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) STD CHTD BANK INDONESIA BRANCH 254900XJQ7BKPSDXNP74 ID N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Y SS&C GIDS, Inc. N/A N/A 084-00448 SEC File Number N Y Principal Shareholder Services, Inc. N/A N/A 084-05657 SEC File Number Y N N Principal Global Investors, LLC 549300BABIOZPCNHMB89 Y N N J.P. MORGAN SECURITIES LLC 8-35008 000000079 8I5DZWZKVSZI1NUHU748 5328.88000000 BANK OF AMERICA 8-69787 000283942 549300HN4UKV1E2R3U73 3865.38000000 GOLDMAN SACHS CO. 8-129 000000361 FOR8UP27PHTHYVLBNG30 1742.39000000 WALLACHBETH CAPITAL 8-67936 000147853 549300R371KUKXEXC133 2934.85000000 JANE STREET CAPITAL 8-52275 000103782 549300ZM16HMPEPNV857 1875.95000000 MORGAN STANLEY & CO. LLC. 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 1583.43000000 JEFFERIES & COMPANY 8-15074 000002347 58PU97L1C0WSRCWADL48 1523.15000000 UBS SECURITIES LLC 8-16267 000008174 T6FIZBDPKLYJKFCRVK44 2250.75000000 CITIGROUP GLOBAL MARKETS 8-8177 000007059 MBNUM2BPBDO7JBLYG310 3685.59000000 CREDIT AGRICOLE 8-13753 000000190 549300WO2DKF0Q3YMV43 1630.96000000 39782.82000000 BANK OF AMERICA 8-69787 000283942 549300HN4UKV1E2R3U73 26080.00000000 BNY CAPITAL MARKETS 8-35255 000017454 VJW2DOOHGDT6PR0ZRO63 77883365.920000 MORGAN STANLEY & CO. LLC. 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 109758.50000000 J.P. MORGAN SECURITIES LLC 8-35008 000000079 8I5DZWZKVSZI1NUHU748 5532.07000000 113720755.670000 Y 162909203.49750000 Other Class A Shares of beneficial interest Other Institutional Shares of beneficial interest Other Class Y Shares of beneficial interest N N Other Shares of beneficial interest N N N 0.00881999 0.01430000 28.16000000 true false