PDRDX Performance — Diversified Real Asset Fund, Institutional Class
Data updated: 2026-07-24
PDRDX returned +12.43% year to date and +22.18% over one year to May 2026. Annualised returns are +11.97% over 3 years and +6.40% over 5 years. The fund trailed its Global Mid-Cap Blend category average: $100 invested three years ago grew to $140, against $157 for the category, and to $122 over one year, against $125. Volatility over the past three years was 9.98% a year. In the 12 months to May 2026 the fund lost a net $181.2M, and assets reached $2.69B.
PDRDX Growth of $100
What $100 invested in Diversified Real Asset Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Mid-Cap Blend category average over the same months.
| Period | PDRDX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $122 | $125 |
| 3 years (Jun 2023 – May 2026) | $140 | $157 |
| 5 years (Jun 2021 – May 2026) | $136 | $152 |
| Since data start (Sep 2019 – May 2026) | $166 | $203 |
PDRDX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.43% |
| 1 year | +22.18% |
| 3 years (annualised) | +11.97% |
| 5 years (annualised) | +6.40% |
PDRDX Annual Returns
Calendar-year total returns of Diversified Real Asset Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +12.43% |
| 2025 | +14.63% |
| 2024 | +3.07% |
| 2023 | +3.24% |
| 2022 | −6.15% |
| 2021 | +17.33% |
| 2020 | +3.99% |
| 2019 (Sep–Dec) | +5.91% |
PDRDX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.9% | +7.6% | −2.9% | +3.9% | −2.1% | — | — | — | — | — | — | — |
| 2025 | +1.9% | +0.7% | +0.6% | 0.0% | +2.2% | +1.7% | −0.5% | +3.0% | +1.8% | −0.2% | +2.8% | −0.1% |
| 2024 | −2.4% | +0.1% | +3.9% | −1.8% | +3.5% | −1.8% | +2.9% | +1.9% | +2.6% | −2.5% | +1.8% | −4.8% |
| 2023 | +4.2% | −3.8% | +1.0% | +1.1% | −4.5% | +2.8% | +2.8% | −3.0% | −3.6% | −1.9% | +5.2% | +3.7% |
| 2022 | −0.2% | +1.5% | +4.4% | −2.5% | +1.2% | −8.7% | +4.5% | −2.3% | −10.2% | +4.8% | +5.8% | −3.0% |
| 2021 | −0.2% | +2.3% | +1.9% | +3.9% | +2.3% | −0.1% | +1.1% | +0.7% | −0.3% | +3.6% | −2.9% | +4.0% |
| 2020 | −1.1% | −5.0% | −14.3% | +6.3% | +2.9% | +1.7% | +4.2% | +2.6% | −2.0% | −0.5% | +7.5% | +3.7% |
| 2019 | — | — | — | — | — | — | — | — | +1.2% | +1.3% | 0.0% | +3.2% |
PDRDX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 9.98%
- 3-year Sharpe ratio: 0.75 (vs 4.5% risk-free rate)
- Best month: +7.56% (Feb 2026)
- Worst month: −4.78% (Dec 2024)
PDRDX Fund Flows
Monthly money in and out of Diversified Real Asset Fund, from SEC Form N-PORT.
- 12-month net flow: −$181.2M
- 12-month gross sales (incl. reinvestments): $599.8M
- Sales ÷ redemptions: 0.77×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $142.3M | $39.9M | $102.4M |
| Apr 2026 | $40.1M | $77.4M | −$37.4M |
| Mar 2026 | $92.1M | $87.6M | $4.6M |
| Feb 2026 | $23.4M | $84.3M | −$60.9M |
| Jan 2026 | $24.7M | $42.7M | −$17.9M |
| Dec 2025 | $62.5M | $59.8M | $2.7M |
| Nov 2025 | $28.6M | $138.5M | −$109.9M |
| Oct 2025 | $57.0M | $28.3M | $28.7M |
| Sep 2025 | $57.3M | $44.8M | $12.5M |
| Aug 2025 | $15.7M | $37.2M | −$21.5M |
| Jul 2025 | $23.7M | $20.5M | $3.1M |
| Jun 2025 | $32.3M | $120.0M | −$87.6M |
PDRDX Assets Under Management
Net assets of Diversified Real Asset Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $2.69B |
| 2026-02-28 | $2.66B |
| 2025-11-30 | $2.44B |
| 2025-08-31 | $2.45B |
| 2025-05-31 | $2.47B |
| 2025-02-28 | $2.51B |
| 2024-11-30 | $2.85B |
| 2024-08-31 | $3.12B |
| 2024-05-31 | $3.25B |
| 2024-02-29 | $3.29B |
| 2023-11-30 | $3.49B |
| 2023-08-31 | $3.50B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.