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Investment Type: pif

Diversified Real Asset R3 Fund (PGDRX)

Portfolio Composition

  as of 02/29/2024
   What's this?

Asset Type Net Short Long Non-U.S. Stocks 44.44% 0.0%   44.44%   U.S. Stocks 36.0% 0.21%   36.21%   U.S. Bonds 15.48% 2.37%   17.85%   Cash 3.52% 1.36%   4.88%   Non-U.S. Bonds 0.48% 0.14%   0.63%   Other 0.07% 0.0%   0.07%   Total 99.99%

Top 10 Holdings   as of 02/29/2024    What's this? % of Net Assets Dracay Corecommodity - 30 7.74 Dracay Wellington 6.84 Principal Government Money Market R-6 2.20 Vanguard Real Estate ETF 1.37 National Grid PLC 1.27 Enbridge Inc 1.15 NextEra Energy Inc 1.13 Aena SME SA 1.10 Prologis Inc 1.10 Equinix Inc 1.05 Total*: 24.96 *Values may exceed 100% if both long and short positions are included in the portfolio View Full Portfolio Holdings

Morningstar Style Box™   as of 02/29/2024    What's this?

Stock Sector Breakdown   as of 02/29/2024    What's this? % of Net Assets Cyclical 42.76 Basic Materials 6.70 Consumer Cyclical 1.69 Financial Svcs 0.27 Real Estate 34.10 Defensive 26.95 Consumer Defensive 1.19 Healthcare 0.60 Utilities 25.16 Sensitive 30.30 Comm Svcs 0.34 Energy 16.31 Industrials 12.25 Technology 1.40

Analysis   as of 02/29/2024 Average Market Cap (mil): $19,183.09 Price/Earnings Ratio: 17.57 Price/Book Ratio: 1.62 Price/Cash Flow Ratio: 8.30 Turnover Ratio: 72.40% # Stock Holdings: 312 # Bond Holdings: 394 # Other Holdings: 60 Total # of Holdings: 766

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Fees and expenses are only one of several factors that participants and beneficiaries should consider when making investment decisions.  The cumulative effect of fees and expenses can substantially reduce the growth of a participant's or beneficiary's retirement account.  Participants and beneficiaries can visit the Employee Benefit Security Administration's website for an example demonstrating the long-term effect of fees and expenses.

Effective January 1, 2022, the Diversified Real Asset Index (Linked) blend is 15% Bloomberg U.S. Treasury TIPS Index, 30% S&P Global Infrastructure Index, 15% S&P Global Natural Resources Index, 15% Bloomberg Commodity Index, and 25% FTSE EPRA/NAREIT Developed Markets Index. Prior to January 1, 2022, the blend consisted of 35% Bloomberg U.S. Treasury TIPS Index, 20% S&P Global Infrastructure Index, 20% S&P Global Natural Resources Index, 15% Bloomberg Commodity Index, and 10% FTSE EPRA/NAREIT Developed Markets Index. These calculated returns reflect the historical performance of the oldest share class of the fund, adjusted to reflect a portion of the fees and expenses of this share class. For time periods prior to inception date of the fund, predecessor performance is reflected. Please see the fund's prospectus for more information on specific expenses, and the fund's most recent shareholder report for actual date of first sale. Expenses are deducted from income earned by the fund. As a result, dividends and investment results will differ for each share class. Fixed-income investment options are subject to interest rate risk, and their value will decline as interest rates rise. Neither the principal of bond investment options nor their yields are guaranteed by the U.S. or any other government entity. Concentrating investments in natural resources industries can be affected significantly by events relating to those industries, such as variations in the commodities markets, weather, disease, embargoes, international, political and economic developments, the success of exploration projects, tax and other government regulations and other factors. Investment in derivatives entails specific risks relating to liquidity, leverage and credit that may reduce returns and/or increase volatility. REIT securities are subject to risk factors associated with the real estate industry and tax factors of REIT registration. The risks associated with derivative investments include that the underlying security, interest rate, market index, or other financial asset will not move in the direction the Investment Adviser and/or Sub-Advisor anticipated, the possibility that there may be no liquid secondary market, the risk that adverse price movements in an instrument can result in a loss substantially greater than a fund's initial investment, the possibility that the counterparty may fail to perform its obligations; and the inability to close out certain hedged positions to avoid adverse tax consequences.