# EDGAR Filing Document

**Accession Number:** 0000898745
**File Stem:** 0001752724-25-150708
**Filing Date:** 2025-6
**Character Count:** 9950
**Document Hash:** ea5bf8790321e44399a0b40e6b50a335
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-150708.hdr.sgml**: 20250623

**ACCESSION NUMBER**: 0001752724-25-150708

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250623

**DATE AS OF CHANGE**: 20250623

**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:** 251063754

**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

### Principal LifeTime 2025 Fund (Series ID: S000022104)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000063429 | Institutional Class | LTSTX           |
| C000063431 | R-3                 | LTVPX           |
| C000063433 | R-5                 | LTPDX           |

## 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:** Principal LifeTime 2025 Fund

- **b. EDGAR series identifier (if any):** S000022104

- **c. LEI of Series:** 5493005U15HJLR8XTL49

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

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

- **b. Date as of which information is reported:** 2025-04-30

**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:** $1424402196.48

**Total Liabilities:** $73032.29

**Net Assets:** $1424329164.19

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000063429 | 0.62%                | -2.12%               | 0.18%                |
| Class ID C000063431 | 0.55%                | -2.09%               | 0.00%                |
| Class ID C000063433 | 0.63%                | -2.14%               | 0.09%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $32687971.79             | $-25797127.95                              |
| Month 2  | $-90289.41               | $-33467533.69                              |
| Month 3  | $5379151.25              | $-6515726.03                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Equity Income Fund                | Equity Income Fund                | CUSIP: 74254U499<br>LEI: 549300LK1BTIDFAOW136 | Long             | EC               | RF                | US        |   2040575 | NS      | $77439804.10  | 5.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Real Estate Securities Fund       | Real Estate Securities Fund       | CUSIP: 74256W568<br>LEI: 5493007VCVKAGWPVUY18 | Long             | EC               | RF                | US        |    878972 | NS      | $25208917.53  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Inflation Protection Fund         | Inflation Protection Fund         | CUSIP: 74254T815<br>LEI: 5493006ECFME6VCZ0U45 | Long             | EC               | RF                | US        |   8509507 | NS      | $66629439.58  | 4.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Short-Term Income Fund            | Short-Term Income Fund            | CUSIP: 74254U440<br>LEI: IJOCWVJG326LDFE5SJ51 | Long             | EC               | RF                | US        |  11215119 | NS      | $135590782.89 | 9.52%             |  |  |  | No            |                  1 | On Loan: No      |
| LargeCap S&P 500 Index Fund       | LargeCap S&P 500 Index Fund       | CUSIP: 74253Q788<br>LEI: 549300HDJCROTIVIXD92 | Long             | EC               | RF                | US        |   3084890 | NS      | $82983553.35  | 5.83%             |  |  |  | No            |                  1 | On Loan: No      |
| MidCap Fund                       | MidCap Fund                       | CUSIP: 74256W584<br>LEI: 549300D8KHZ8MDOZYC94 | Long             | EC               | RF                | US        |    407381 | NS      | $18014379.51  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| International Equity Fund         | International Equity Fund         | CUSIP: 74256W592<br>LEI: 549300O1DA1JNC6UVF17 | Long             | EC               | RF                | US        |  12404781 | NS      | $170689787.91 | 11.98%            |  |  |  | No            |                  1 | On Loan: No      |
| Small-MidCap Dividend Income Fund | Small-MidCap Dividend Income Fund | CUSIP: 74256W469<br>LEI: 54930000PG64KHHYCN32 | Long             | EC               | RF                | US        |   1038301 | NS      | $17962600.31  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Fixed Income Fund            | Core Fixed Income Fund            | CUSIP: 742537616<br>LEI: 2K6IF9KYA1Q08XNZVZ48 | Long             | EC               | RF                | US        |  53121517 | NS      | $456313826.90 | 32.04%            |  |  |  | No            |                  1 | On Loan: No      |
| LargeCap Value Fund III           | LargeCap Value Fund III           | CUSIP: 74253J677<br>LEI: 549300P5E4OK1XZWQO33 | Long             | EC               | RF                | US        |   4194272 | NS      | $76964890.10  | 5.40%             |  |  |  | No            |                  1 | On Loan: No      |
| SmallCap Fund                     | SmallCap Fund                     | CUSIP: 74256W550<br>LEI: 5493008AXRXQLEL0TR95 | Long             | EC               | RF                | US        |    980849 | NS      | $25266668.46  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| High Yield Fund                   | High Yield Fund                   | CUSIP: 74256W626<br>LEI: 2U04QLKKFWRJC7CSOX80 | Long             | EC               | RF                | US        |  10888366 | NS      | $71863215.98  | 5.05%             |  |  |  | No            |                  1 | On Loan: No      |
| International Small Company Fund  | International Small Company Fund  | CUSIP: 74256W493<br>LEI: 5493005DM6DKJRUY3N14 | Long             | EC               | RF                | US        |    760245 | NS      | $8355087.62   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| LargeCap Growth Fund I            | LargeCap Growth Fund I            | CUSIP: 742537590<br>LEI: 5493005TWCHTR0PO8C36 | Long             | EC               | RF                | US        |   5121517 | NS      | $79537153.31  | 5.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Chip Fund                    | Blue Chip Fund                    | CUSIP: 74256W535<br>LEI: 549300DIGKZKBG8KG876 | Long             | EC               | RF                | US        |   1755471 | NS      | $79048881.10  | 5.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Emerging Markets Fund      | Global Emerging Markets Fund      | CUSIP: 74256W618<br>LEI: 5493005LRWTRDOOFXF24 | Long             | EC               | RF                | US        |    655211 | NS      | $17592413.07  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Diversified Real Asset Fund       | Diversified Real Asset Fund       | CUSIP: 742537467<br>LEI: 549300FY1HF8KNDK4G58 | Long             | EC               | RF                | US        |    498999 | NS      | $5713534.19   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| SmallCap S&P 600 Index Fund       | SmallCap S&P 600 Index Fund       | CUSIP: 74256W543<br>LEI: 549300B1ZF0B4X7VPP69 | Long             | EC               | RF                | US        |    309543 | NS      | $6936847.87   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-29

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

**Signature:** Megan Hoffmann

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

**Title:** Vice President and Controller