Principal Diversified Select Real Asset Fund

09/16/2025 | Press release | Distributed by Public on 09/16/2025 13:43

Supplemental Prospectus (Form 424B3)


Principal Real Asset Fund
Supplement dated September 16, 2025
to the Statement of Additional Information
dated August 1, 2025

This supplement updates information contained in the Statement of Additional Information. Please retain this supplement for future reference.
MANAGEMENT OF THE FUND
Under Additional Information Regarding Board Members and Officers, in the PRINCIPAL FUNDS OFFICERS table, delete the rows for Gina L. Graham and Dan Westholm and add the following alphabetically:
FUND OFFICERS
Name, Address,
and Year of Birth
Position(s) Held
with Fund Complex
Principal Occupation(s)
During Past 5 Years
Megan Hoffmann
711 High Street
Des Moines, IA 50392
1979
Vice President and Treasurer (since 2025)
Vice President and Controller (2021 - 2025)
Principal Financial Group*
Senior Director - Fund Accounting and Administration
(since 2025)
Senior Director - Fund Administration (2024)
Director - Accounting (2020-2024)
Ann Meiners
711 High Street
Des Moines, IA 50392
1977
Vice President and Assistant Treasurer
(since 2025)
Vice President and Assistant Controller (2025)
Principal Financial Group*
Director - Fund Accounting (since 2024)
Assistant Director - Fund Accounting (2017-2024)
Tara Parks
711 High Street
Des Moines, IA 50392
1983
Vice President and Assistant Treasurer
(since 2025)
Vice President and Assistant Controller (2021 - 2025)
Principal Financial Group*
Senior Director - Fund Tax (since 2024)
Director - Accounting (2019-2024)
Jared A. Yepsen
711 High Street
Des Moines, IA 50392
1981
Tax Counsel (since 2025)
Assistant Tax (2017 - 2025)
Principal Financial Group*
Assistant General Counsel (since 2023)
Counsel (2015-2023)

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Principal Diversified Select Real Asset Fund published this content on September 16, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 16, 2025 at 19:43 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]