# EDGAR Filing Document

**Accession Number:** 0000898745
**File Stem:** 0000898745-25-000865
**Filing Date:** 2025-12
**Character Count:** 40710
**Document Hash:** fb5ccf959511286da2c26b99fd3ab66f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000898745-25-000865.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0000898745-25-000865

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRINCIPAL FUNDS, INC.
- **CENTRAL INDEX KEY:** 0000898745

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07572
- **FILM NUMBER:** 251596284

**BUSINESS ADDRESS:**
- **STREET 1:** 711 HIGH STREET
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392
- **BUSINESS PHONE:** 515-235-9328

**MAIL ADDRESS:**
- **STREET 1:** PRINCIPAL FINANCIAL GROUP
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL FUNDS, INC
- **DATE OF NAME CHANGE:** 20211220

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL FUNDS INC
- **DATE OF NAME CHANGE:** 20080616

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL INVESTORS FUND INC
- **DATE OF NAME CHANGE:** 20001012

## Series and Classes Contracts Data

### Diversified International Fund (Series ID: S000006992)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019054 | R-3                 | PINRX           |
| C000019055 | R-5                 | PINPX           |
| C000019057 | Institutional Class | PIIIX           |
| C000019058 | Class J             | PIIJX           |
| C000019059 | Class A             | PRWLX           |
| C000210673 | Class R-6           | PDIFX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Principal Funds, Inc

- **b. Investment Company Act file number:** 811-07572

- **c. CIK number of Registrant:** 0000898745

- **d. LEI of Registrant:** 549300HZGBXSW6DSXF23

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 801 Grand Ave

  - **City:** Des Moines

  - **State:** IA

  - **Foreign country:** US

  - **Zip / Postal Code:** 50309

  - **Telephone number:** 515-235-1719

**Item A.2. Information about the Series.**

- **a. Name of Series:** Diversified International Fund

- **b. EDGAR series identifier (if any):** S000006992

- **c. LEI of Series:** 549300WI2K0C68CW5R08

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1198108808.25

**Total Liabilities:** $2862053.77

**Net Assets:** $1195246754.48

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000019059 | 3.69%                | 3.50%                | 1.03%                |
| Class ID C000019054 | 3.64%                | 3.51%                | 0.97%                |
| Class ID C000210673 | 3.72%                | 3.52%                | 1.09%                |
| Class ID C000019055 | 3.72%                | 3.52%                | 1.01%                |
| Class ID C000019057 | 3.72%                | 3.58%                | 1.03%                |
| Class ID C000019058 | 3.69%                | 3.56%                | 1.04%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-7661488.10             | $48279126.79                               |
| Month 2  | $-19680.48               | $39784894.58                               |
| Month 3  | $-1128502.17             | $13799624.70                               |

### Schedule of Portfolio Investments

| Name                                               | Title                                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Piraeus Financial Holdings SA                      | Piraeus Financial Holdings SA                      | CUSIP: N/A<br>LEI: M6AD1Y1KW32H8THQ6F76       | Long             | EC               | CORP              | GR        |    738250 | NS      | $5765865.50   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| PT Bank Central Asia Tbk                           | PT Bank Central Asia Tbk                           | CUSIP: N/A<br>LEI: 254900BR956G2OHVOM21       | Long             | EC               | CORP              | ID        |   7881570 | NS      | $4035300.95   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Teck Resources Ltd                                 | Teck Resources Ltd                                 | CUSIP: N/A<br>LEI: T8KI5SQ2JRWHL7XY0E11       | Long             | EC               | CORP              | CA        |    402241 | NS      | $17256312.41  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| BAE Systems PLC                                    | BAE Systems PLC                                    | CUSIP: N/A<br>LEI: 8SVCSVKSGDWMW2QHOH83       | Long             | EC               | CORP              | GB        |    855478 | NS      | $21073372.88  | 1.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Kweichow Moutai Co Ltd                             | Kweichow Moutai Co Ltd                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     22520 | NS      | $4523382.94   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| 3i Group PLC                                       | 3i Group PLC                                       | CUSIP: N/A<br>LEI: 35GDVHRBMFE7NWATNM84       | Long             | EC               | CORP              | GB        |    221049 | NS      | $12792222.45  | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Smith & Nephew PLC                                 | Smith & Nephew PLC                                 | CUSIP: N/A<br>LEI: 213800ZTMDN8S67S1H61       | Long             | EC               | CORP              | GB        |    761648 | NS      | $14064590.11  | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Rexel SA                                           | Rexel SA                                           | CUSIP: N/A<br>LEI: 969500N6AVPA51648T62       | Long             | EC               | CORP              | FR        |    275114 | NS      | $9539534.91   | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Danone SA                                          | Danone SA                                          | CUSIP: N/A<br>LEI: 969500KMUQ2B6CBAF162       | Long             | EC               | CORP              | FR        |     74838 | NS      | $6609410.65   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Sage Group PLC/The                                 | Sage Group PLC/The                                 | CUSIP: N/A<br>LEI: 2138005RN5XYLTF8G138       | Long             | EC               | CORP              | GB        |    299022 | NS      | $4519823.14   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Tryg A/S                                           | Tryg A/S                                           | CUSIP: N/A<br>LEI: 213800ZRS8AC4LSTCE39       | Long             | EC               | CORP              | DK        |     82745 | NS      | $2039581.43   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Iberdrola SA                                       | Iberdrola SA                                       | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |    188467 | NS      | $3819501.19   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Compass Group PLC                                  | Compass Group PLC                                  | CUSIP: N/A<br>LEI: 2138008M6MH9OZ6U2T68       | Long             | EC               | CORP              | GB        |    165131 | NS      | $5465801.17   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Argenx SE                                          | Argenx SE                                          | CUSIP: N/A<br>LEI: 7245009C5FZE6G9ODQ71       | Long             | EC               | CORP              | NL        |     14422 | NS      | $11803883.64  | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Suzano SA                                          | Suzano SA                                          | CUSIP: N/A<br>LEI: 391200AW174YQSDMGG41       | Long             | EC               | CORP              | BR        |   1262300 | NS      | $11447618.84  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| APL Apollo Tubes Ltd                               | APL Apollo Tubes Ltd                               | CUSIP: N/A<br>LEI: 335800ZU4GXSB7Q4IU95       | Long             | EC               | CORP              | IN        |    194757 | NS      | $3928183.83   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Trip.com Group Ltd                                 | Trip.com Group Ltd                                 | CUSIP: N/A<br>LEI: 2549004RMYDSRQL4KW41       | Long             | EC               | CORP              | SG        |    211500 | NS      | $14883556.97  | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                                | Societe Generale SA                                | CUSIP: N/A<br>LEI: O2RNE8IBXP4R0TD8PU41       | Long             | EC               | CORP              | FR        |    153416 | NS      | $9729698.88   | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Daimler Truck Holding AG                           | Daimler Truck Holding AG                           | CUSIP: N/A<br>LEI: 529900PW78JIYOUBSR24       | Long             | EC               | CORP              | DE        |    142720 | NS      | $5720571.35   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Electric Corp                           | Mitsubishi Electric Corp                           | CUSIP: N/A<br>LEI: 549300TRXM9Y6561AX39       | Long             | EC               | CORP              | JP        |    538200 | NS      | $15280901.25  | 1.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Financiero Banorte SAB de CV                 | Grupo Financiero Banorte SAB de CV                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |    439330 | NS      | $4124312.80   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Copco AB - A Shares                          | Atlas Copco AB - A Shares                          | CUSIP: N/A<br>LEI: 213800T8PC8Q4FYJZR07       | Long             | EC               | CORP              | SE        |    615659 | NS      | $10316022.45  | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Nintendo Co Ltd                                    | Nintendo Co Ltd                                    | CUSIP: N/A<br>LEI: 353800FEEXU6I9M0ZF27       | Long             | EC               | CORP              | JP        |    218300 | NS      | $18618784.34  | 1.56%             |  |  |  | No            |                  2 | On Loan: No      |
| CRH PLC                                            | CRH PLC                                            | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |    205653 | NS      | $24295922.05  | 2.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Universal Music Group NV                           | Universal Music Group NV                           | CUSIP: N/A<br>LEI: 724500GJBUL3D9TW9Y18       | Long             | EC               | CORP              | NL        |    338410 | NS      | $9076786.00   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Shell PLC                                          | Shell PLC                                          | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |    337117 | NS      | $12638302.91  | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| FinecoBank Banca Fineco SpA                        | FinecoBank Banca Fineco SpA                        | CUSIP: N/A<br>LEI: 549300L7YCATGO57ZE10       | Long             | EC               | CORP              | IT        |    222725 | NS      | $5095957.34   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Credicorp Ltd                                      | Credicorp Ltd                                      | CUSIP: G2519Y108<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | PE        |     47825 | NS      | $12482325.00  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Natural Resources Ltd                     | Canadian Natural Resources Ltd                     | CUSIP: N/A<br>LEI: 549300T15RIMIKZC5Q38       | Long             | EC               | CORP              | CA        |    163531 | NS      | $5231639.49   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Howden Joinery Group PLC                           | Howden Joinery Group PLC                           | CUSIP: N/A<br>LEI: 213800KC1LJOJTY3JP45       | Long             | EC               | CORP              | GB        |    298666 | NS      | $3392205.59   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Cie Financiere Richemont SA                        | Cie Financiere Richemont SA                        | CUSIP: N/A<br>LEI: 549300YIPGJ6UX2QPS51       | Long             | EC               | CORP              | CH        |     30109 | NS      | $5955732.15   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Weir Group PLC/The                                 | Weir Group PLC/The                                 | CUSIP: N/A<br>LEI: 549300KDR56WHY9I3D10       | Long             | EC               | CORP              | GB        |    170106 | NS      | $6621862.48   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd          | Taiwan Semiconductor Manufacturing Co Ltd          | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |   1209544 | NS      | $58493167.75  | 4.89%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA Group Ltd                                      | AIA Group Ltd                                      | CUSIP: N/A<br>LEI: ZP5ILWVSYE4LJGMMVD57       | Long             | EC               | CORP              | HK        |   3409000 | NS      | $33172081.38  | 2.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Motor Corp                                  | Toyota Motor Corp                                  | CUSIP: N/A<br>LEI: 5493006W3QUS5LMH6R84       | Long             | EC               | CORP              | JP        |    586600 | NS      | $11959094.34  | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Ascendis Pharma A/S                                | Ascendis Pharma A/S                                | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |     28465 | NS      | $5738544.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Obayashi Corp                                      | Obayashi Corp                                      | CUSIP: N/A<br>LEI: 529900YT4O5S0LCXWD54       | Long             | EC               | CORP              | JP        |    372000 | NS      | $6293290.75   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Hannover Rueck SE                                  | Hannover Rueck SE                                  | CUSIP: N/A<br>LEI: 529900KIN5BE45V5KB18       | Long             | EC               | CORP              | DE        |     44715 | NS      | $12765111.38  | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Halma PLC                                          | Halma PLC                                          | CUSIP: N/A<br>LEI: 2138007FRGLUR9KGBT40       | Long             | EC               | CORP              | GB        |     87766 | NS      | $4089753.79   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| DBS Group Holdings Ltd                             | DBS Group Holdings Ltd                             | CUSIP: N/A<br>LEI: 5493007FKT78NKPM5V55       | Long             | EC               | CORP              | SG        |    355660 | NS      | $14725226.27  | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Stantec Inc                                        | Stantec Inc                                        | CUSIP: N/A<br>LEI: 549300MZ7NGUZDCP2T16       | Long             | EC               | CORP              | CA        |     93800 | NS      | $10387519.87  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Komatsu Ltd                                        | Komatsu Ltd                                        | CUSIP: N/A<br>LEI: 5493004LQ0B4T7QPQV17       | Long             | EC               | CORP              | JP        |    312700 | NS      | $10460119.77  | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Dollarama Inc                                      | Dollarama Inc                                      | CUSIP: N/A<br>LEI: 5493002GJ0NJP1HI0C79       | Long             | EC               | CORP              | CA        |     64059 | NS      | $8326688.03   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Telekom AG                                | Deutsche Telekom AG                                | CUSIP: N/A<br>LEI: 549300V9QSIG4WX4GJ96       | Long             | EC               | CORP              | DE        |    926511 | NS      | $28698719.08  | 2.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd                         | Samsung Electronics Co Ltd                         | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |    446218 | NS      | $33589604.12  | 2.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Brookfield Corp                                    | Brookfield Corp                                    | CUSIP: N/A<br>LEI: C6J3FGIWG6MBDGTE8F80       | Long             | EC               | CORP              | CA        |    184452 | NS      | $8494352.91   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| TOPPAN Holdings Inc                                | TOPPAN Holdings Inc                                | CUSIP: N/A<br>LEI: 3538003H9W4KIDODQY20       | Long             | EC               | CORP              | JP        |    218100 | NS      | $5334255.68   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| ARC Resources Ltd                                  | ARC Resources Ltd                                  | CUSIP: N/A<br>LEI: 5493000OCGNQZEVTDT08       | Long             | EC               | CORP              | CA        |    330600 | NS      | $6097908.81   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| CP ALL PCL                                         | CP ALL PCL                                         | CUSIP: N/A<br>LEI: 894500LSBZLM09TY1A91       | Long             | EC               | CORP              | TH        |   2508100 | NS      | $3563341.71   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Hoya Corp                                          | Hoya Corp                                          | CUSIP: N/A<br>LEI: 353800X4VR3BHEUCJB42       | Long             | EC               | CORP              | JP        |    137960 | NS      | $22409133.30  | 1.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujitsu Ltd                                        | Fujitsu Ltd                                        | CUSIP: N/A<br>LEI: 3538000246DHJLRTUZ24       | Long             | EC               | CORP              | JP        |    843700 | NS      | $21987206.34  | 1.84%             |  |  |  | No            |                  2 | On Loan: No      |
| AXA SA                                             | AXA SA                                             | CUSIP: N/A<br>LEI: F5WCUMTUM4RKZ1MAIE39       | Long             | EC               | CORP              | FR        |    171121 | NS      | $7424634.60   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| L'Oreal SA                                         | L'Oreal SA                                         | CUSIP: N/A<br>LEI: 529900JI1GG6F7RKVI53       | Long             | EC               | CORP              | FR        |     19607 | NS      | $8182187.50   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Bank Ltd                                     | ICICI Bank Ltd                                     | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |    340417 | NS      | $10314635.10  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Erste Group Bank AG                                | Erste Group Bank AG                                | CUSIP: N/A<br>LEI: PQOH26KWDF7CG10L6792       | Long             | EC               | CORP              | AT        |    180793 | NS      | $18728066.10  | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Haleon PLC                                         | Haleon PLC                                         | CUSIP: N/A<br>LEI: 549300PSB3WWEODCUP19       | Long             | EC               | CORP              | GB        |   4033968 | NS      | $18758854.74  | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Spotify Technology SA                              | Spotify Technology SA                              | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | SE        |     16769 | NS      | $10989061.08  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Sompo Holdings Inc                                 | Sompo Holdings Inc                                 | CUSIP: N/A<br>LEI: 353800CWW4SRGEYEB512       | Long             | EC               | CORP              | JP        |    529300 | NS      | $16130667.69  | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Ashtead Group PLC                                  | Ashtead Group PLC                                  | CUSIP: N/A<br>LEI: 2138007UTBN8X9K1A235       | Long             | EC               | CORP              | GB        |    125837 | NS      | $8405248.87   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Keyence Corp                                       | Keyence Corp                                       | CUSIP: N/A<br>LEI: 529900M7PQBS7A89DZ11       | Long             | EC               | CORP              | JP        |     23832 | NS      | $8844884.51   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi SA                                          | Sanofi SA                                          | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |    249838 | NS      | $25274207.84  | 2.11%             |  |  |  | No            |                  2 | On Loan: No      |
| National Bank of Greece SA                         | National Bank of Greece SA                         | CUSIP: N/A<br>LEI: 5UMCZOEYKCVFAW8ZLO05       | Long             | EC               | CORP              | GR        |   1156348 | NS      | $16996528.23  | 1.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                    | Nordea Bank Abp                                    | CUSIP: N/A<br>LEI: 529900ODI3047E2LIV03       | Long             | EC               | CORP              | FI        |    372198 | NS      | $6359997.11   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Arca Continental SAB de CV                         | Arca Continental SAB de CV                         | CUSIP: N/A<br>LEI: 254900U2BSJCQHJCXN24       | Long             | EC               | CORP              | MX        |    395700 | NS      | $3829100.63   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Nemetschek SE                                      | Nemetschek SE                                      | CUSIP: N/A<br>LEI: 529900R0S2IX1S358J38       | Long             | EC               | CORP              | DE        |     77173 | NS      | $8917341.62   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Suncor Energy Inc                                  | Suncor Energy Inc                                  | CUSIP: N/A<br>LEI: 549300W70ZOQDVLCHY06       | Long             | EC               | CORP              | CA        |    540145 | NS      | $21508750.67  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaztransport Et Technigaz SA                       | Gaztransport Et Technigaz SA                       | CUSIP: N/A<br>LEI: 969500BVOHVZUUFWDT54       | Long             | EC               | CORP              | FR        |     46388 | NS      | $9186169.92   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Entain PLC                                         | Entain PLC                                         | CUSIP: N/A<br>LEI: 213800GNI3K45LQR8L28       | Long             | EC               | CORP              | GB        |   1160777 | NS      | $12090295.86  | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CVC Capital Partners PLC                           | CVC Capital Partners PLC                           | CUSIP: N/A<br>LEI: 213800E8UQS1KA32YD39       | Long             | EC               | CORP              | LU        |    172485 | NS      | $2880763.72   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Principal Government Money Market Fund - Class R-6 | Principal Government Money Market Fund - Class R-6 | CUSIP: 74257B639<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   4062275 | NS      | $4062274.70   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty Formula One - C Shares  | Liberty Media Corp-Liberty Formula One - C Shares  | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    109398 | NS      | $10923390.30  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsonite Group SA                                 | Samsonite Group SA                                 | CUSIP: N/A<br>LEI: 549300UULS5HYFJSEL12       | Long             | EC               | CORP              | US        |   3891800 | NS      | $8137991.17   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| AIB Group PLC                                      | AIB Group PLC                                      | CUSIP: N/A<br>LEI: 635400AKJBGNS5WNQL34       | Long             | EC               | CORP              | IE        |   1997751 | NS      | $18411846.31  | 1.54%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML Holding NV                                    | ASML Holding NV                                    | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |     34409 | NS      | $36380804.34  | 3.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Sandfire Resources Ltd                             | Sandfire Resources Ltd                             | CUSIP: N/A<br>LEI: 213800ZW52P23FVH1V47       | Long             | EC               | CORP              | AU        |    883021 | NS      | $9352535.39   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| ICON PLC                                           | ICON PLC                                           | CUSIP: G4705A100<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |     64730 | NS      | $11121908.60  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Jumbo SA                                           | Jumbo SA                                           | CUSIP: N/A<br>LEI: 549300TGIVUUMY40MZ05       | Long             | EC               | CORP              | GR        |    100643 | NS      | $3193660.49   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Zai Lab Ltd                                        | Zai Lab Ltd                                        | CUSIP: 98887Q104<br>LEI: 549300P2UYQ9U5LY1T58 | Long             | EC               | CORP              | CN        |     20005 | NS      | $522730.65    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Yum China Holdings Inc                             | Yum China Holdings Inc                             | CUSIP: N/A<br>LEI: 529900DO9BYZ7VA3K502       | Long             | EC               | CORP              | CN        |    438131 | NS      | $18868072.51  | 1.58%             |  |  |  | No            |                  2 | On Loan: No      |
| MercadoLibre Inc                                   | MercadoLibre Inc                                   | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |      2653 | NS      | $6174220.78   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| UniCredit SpA                                      | UniCredit SpA                                      | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |    199123 | NS      | $14744332.30  | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyo Seikan Group Holdings Ltd                     | Toyo Seikan Group Holdings Ltd                     | CUSIP: N/A<br>LEI: 5299004VWXGQPXR05T33       | Long             | EC               | CORP              | JP        |    304300 | NS      | $6831608.35   | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Kajima Corp                                        | Kajima Corp                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    213400 | NS      | $6879540.90   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| ASR Nederland NV                                   | ASR Nederland NV                                   | CUSIP: N/A<br>LEI: 7245000G0HS48PZWUD53       | Long             | EC               | CORP              | NL        |     81633 | NS      | $5448051.22   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Airbus SE                                          | Airbus SE                                          | CUSIP: N/A<br>LEI: MINO79WLOO247M1IL051       | Long             | EC               | CORP              | FR        |    103291 | NS      | $25468465.93  | 2.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Localiza Rent a Car SA                             | Localiza Rent a Car SA                             | CUSIP: N/A<br>LEI: 984500C442A7E0CD4D11       | Long             | EC               | CORP              | BR        |    774287 | NS      | $5653211.16   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd                               | Tencent Holdings Ltd                               | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | CN        |    504800 | NS      | $41003774.58  | 3.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Dassault Systemes SE                               | Dassault Systemes SE                               | CUSIP: N/A<br>LEI: 96950065LBWY0APQIM86       | Long             | EC               | CORP              | FR        |    153260 | NS      | $4361414.78   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Swedbank AB                                        | Swedbank AB                                        | CUSIP: N/A<br>LEI: M312WZV08Y7LYUC71685       | Long             | EC               | CORP              | SE        |    169967 | NS      | $5160334.91   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Unilever PLC                                       | Unilever PLC                                       | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |    298348 | NS      | $17902157.33  | 1.50%             |  |  |  | No            |                  2 | On Loan: No      |
| BlackRock Liquidity FedFund - Institutional Class  | BlackRock Liquidity FedFund - Institutional Class  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |     13131 | NS      | $13131.26     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Elis SA                                            | Elis SA                                            | CUSIP: N/A<br>LEI: 969500UX71LCE8MAY492       | Long             | EC               | CORP              | FR        |    299123 | NS      | $8330287.14   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| PRADA SpA                                          | PRADA SpA                                          | CUSIP: N/A<br>LEI: 8156000FE0A2DC5B7852       | Long             | EC               | CORP              | IT        |    713400 | NS      | $4209963.94   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Ryanair Holdings PLC                               | Ryanair Holdings PLC                               | CUSIP: N/A<br>LEI: 635400BR2ROC1FVEBQ56       | Long             | EC               | CORP              | IE        |    356370 | NS      | $10789271.09  | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Technip Energies NV                                | Technip Energies NV                                | CUSIP: N/A<br>LEI: 724500FLODI49NSCIP70       | Long             | EC               | CORP              | FR        |    127160 | NS      | $5167004.44   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Industria de Diseno Textil SA                      | Industria de Diseno Textil SA                      | CUSIP: N/A<br>LEI: 549300TTCXZOGZM2EY83       | Long             | EC               | CORP              | ES        |    104316 | NS      | $5760345.46   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Fairfax Financial Holdings Ltd                     | Fairfax Financial Holdings Ltd                     | CUSIP: N/A<br>LEI: GLS7OQD0WOEDI8YAP031       | Long             | EC               | CORP              | CA        |      5227 | NS      | $8486221.12   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| NatWest Group PLC                                  | NatWest Group PLC                                  | CUSIP: N/A<br>LEI: 2138005O9XJIJN4JPN90       | Long             | EC               | CORP              | GB        |   1429061 | NS      | $11001633.27  | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Scout24 SE                                         | Scout24 SE                                         | CUSIP: N/A<br>LEI: 5493007EIKM2ENQS7U66       | Long             | EC               | CORP              | DE        |     59749 | NS      | $6909717.75   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                                    | AstraZeneca PLC                                    | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |    200820 | NS      | $33124936.75  | 2.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Wix.com Ltd                                        | Wix.com Ltd                                        | CUSIP: M98068105<br>LEI: 5493008P6N29Q1AG9464 | Long             | EC               | CORP              | IL        |      4318 | NS      | $628441.72    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Impala Platinum Holdings Ltd                       | Impala Platinum Holdings Ltd                       | CUSIP: N/A<br>LEI: 254900BZFIFB4PD2Z778       | Long             | EC               | CORP              | ZA        |    422733 | NS      | $4530423.94   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Alcon AG                                           | Alcon AG                                           | CUSIP: N/A<br>LEI: 549300LDT5AP8S0NBM78       | Long             | EC               | CORP              | CH        |     88040 | NS      | $6562062.24   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-28

**Name of Applicant:** Principal Funds, Inc

**Signature:** Megan Hoffmann

**Name of Signer:** /s/ Megan Hoffmann

**Title:** Vice President and Treasurer