# EDGAR Filing Document

**Accession Number:** 0000012601
**File Stem:** 0000012601-25-000168
**Filing Date:** 2025-8
**Character Count:** 47459
**Document Hash:** 3ab4420b07c60f0c75dc25ae883fe911
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000012601-25-000168.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0000012601-25-000168

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**DATE AS OF CHANGE**: 20250825

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRINCIPAL VARIABLE CONTRACTS FUNDS INC
- **CENTRAL INDEX KEY:** 0000012601

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01944
- **FILM NUMBER:** 251249584

**BUSINESS ADDRESS:**
- **STREET 1:** 711 HIGH STREET
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392
- **BUSINESS PHONE:** 515-247-5477

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL VARIABLE CONTRACTS FUND INC
- **DATE OF NAME CHANGE:** 19980617

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL CAPITAL ACCUMULATION FUND INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCOR INVESTMENT FUND INC
- **DATE OF NAME CHANGE:** 19880906

## Series and Classes Contracts Data

### SmallCap Account (Series ID: S000007675)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000020923 | SmallCap Account Class 1 |  |
| C000152597 | SmallCap Account Class 2 |  |

## 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 Variable Contract Funds, Inc

- **b. Investment Company Act file number:** 811-01944

- **c. CIK number of Registrant:** 0000012601

- **d. LEI of Registrant:** ICS43THKTGQL3EQ10426

- **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:** SmallCap Account

- **b. EDGAR series identifier (if any):** S000007675

- **c. LEI of Series:** 5493001XW2HZYLJS0M16

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $164706316.62

**Total Liabilities:** $1043974.59

**Net Assets:** $163662342.03

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000152597 | -1.13%               | 4.70%                | 6.05%                |
| Class ID C000020923 | -1.05%               | 4.72%                | 6.05%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1758806.00             | $144220.52                                 |
| Month 2  | $205497.65               | $6773943.86                                |
| Month 3  | $719401.67               | $8563296.28                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Darling Ingredients Inc                            | Darling Ingredients Inc                            | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |     32200 | NS      | $1221668.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc                      | Rexford Industrial Realty Inc                      | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |     23500 | NS      | $835895.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Group Inc                                      | MYR Group Inc                                      | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |      8600 | NS      | $1560470.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries Inc                               | Chart Industries Inc                               | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |     18500 | NS      | $3046025.00   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegro MicroSystems Inc                           | Allegro MicroSystems Inc                           | CUSIP: 01749D105<br>LEI: 54930004TGPV6DR3LE12 | Long             | EC               | CORP              | US        |     47700 | NS      | $1630863.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom Inc                                         | Dexcom Inc                                         | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |      4600 | NS      | $401534.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular Inc                                        | Popular Inc                                        | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |     25900 | NS      | $2854439.00   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera Inc                                         | Natera Inc                                         | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16099 | NS      | $2719765.06   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln National Corp                              | Lincoln National Corp                              | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |     64200 | NS      | $2221320.00   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Wholesale Club Holdings Inc                   | BJ's Wholesale Club Holdings Inc                   | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |     18000 | NS      | $1940940.00   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Parsons Corp                                       | Parsons Corp                                       | CUSIP: 70202L102<br>LEI: 549300ZXH0VRBSEPX752 | Long             | EC               | CORP              | US        |     22100 | NS      | $1586117.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| First Industrial Realty Trust Inc                  | First Industrial Realty Trust Inc                  | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33900 | NS      | $1631607.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Graphic Packaging Holding Co                       | Graphic Packaging Holding Co                       | CUSIP: 388689101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     73700 | NS      | $1552859.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group Inc                            | CNO Financial Group Inc                            | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |     40871 | NS      | $1576803.18   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| TopBuild Corp                                      | TopBuild Corp                                      | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |       700 | NS      | $226618.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Financial Corp                                 | UMB Financial Corp                                 | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |     25100 | NS      | $2639516.00   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Henderson Group PLC                          | Janus Henderson Group PLC                          | CUSIP: G4474Y214<br>LEI: 2138009WPYMWJN3RVF44 | Long             | EC               | CORP              | GB        |     47800 | NS      | $1856552.00   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Entegris Inc                                       | Entegris Inc                                       | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |     12100 | NS      | $975865.00    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Independent Bank Corp/MI                           | Independent Bank Corp/MI                           | CUSIP: 453838609<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17700 | NS      | $573657.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilysys Inc                                       | Agilysys Inc                                       | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |      9600 | NS      | $1100544.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp                                | Curtiss-Wright Corp                                | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |      3800 | NS      | $1856490.00   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp                                     | TD SYNNEX Corp                                     | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |     13832 | NS      | $1877002.40   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| AdaptHealth Corp                                   | AdaptHealth Corp                                   | CUSIP: 00653Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     60500 | NS      | $570515.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| American States Water Co                           | American States Water Co                           | CUSIP: 029899101<br>LEI: 529900L26LIS2V8PWM23 | Long             | EC               | CORP              | US        |      9400 | NS      | $720604.00    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Axsome Therapeutics Inc                            | Axsome Therapeutics Inc                            | CUSIP: 05464T104<br>LEI: 549300EXGR0XLRJEIB95 | Long             | EC               | CORP              | US        |     13200 | NS      | $1377948.00   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| First Merchants Corp                               | First Merchants Corp                               | CUSIP: 320817109<br>LEI: TZTBT0OTGQ2FEK6XMX94 | Long             | EC               | CORP              | US        |     22400 | NS      | $857920.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                                         | Insmed Inc                                         | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |     45100 | NS      | $4538864.00   | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| PVH Corp                                           | PVH Corp                                           | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               | CORP              | US        |     15500 | NS      | $1063300.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries Inc                               | Dycom Industries Inc                               | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |     12600 | NS      | $3079314.00   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co                            | Modine Manufacturing Co                            | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |     23800 | NS      | $2344300.00   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Time Group Holdings Inc                       | Life Time Group Holdings Inc                       | CUSIP: 53190C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     77100 | NS      | $2338443.00   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| LifeStance Health Group Inc                        | LifeStance Health Group Inc                        | CUSIP: 53228F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    108500 | NS      | $560945.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Helix Energy Solutions Group Inc                   | Helix Energy Solutions Group Inc                   | CUSIP: 42330P107<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | EC               | CORP              | US        |     41800 | NS      | $260832.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc                                | Eagle Materials Inc                                | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |      3657 | NS      | $739116.27    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Bicycle Therapeutics PLC                           | Bicycle Therapeutics PLC                           | CUSIP: 088786108<br>LEI: 213800XKUI6R7GKC3E43 | Long             | EC               | CORP              | GB        |     26800 | NS      | $186260.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corp                                 | Regal Rexnord Corp                                 | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |     13800 | NS      | $2000448.00   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Co                          | Performance Food Group Co                          | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |     28000 | NS      | $2449160.00   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings Inc                         | Southwest Gas Holdings Inc                         | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Long             | EC               | CORP              | US        |     34390 | NS      | $2558272.10   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure Inc                        | Sterling Infrastructure Inc                        | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |      9500 | NS      | $2191935.00   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                           | Fabrinet                                           | CUSIP: G3323L100<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | TH        |      3340 | NS      | $984231.20    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Co                               | Commercial Metals Co                               | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |     38100 | NS      | $1863471.00   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Sophia Genetics SA                                 | Sophia Genetics SA                                 | CUSIP: H82027105<br>LEI: 506700H1GPU9GGM8W895 | Long             | EC               | CORP              | CH        |     58400 | NS      | $181040.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO International Inc                            | WESCO International Inc                            | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |     11000 | NS      | $2037200.00   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Portland General Electric Co                       | Portland General Electric Co                       | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |     22102 | NS      | $898004.26    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Progress Software Corp                             | Progress Software Corp                             | CUSIP: 743312100<br>LEI: 549300R65B3JG6972S24 | Long             | EC               | CORP              | US        |     18400 | NS      | $1174656.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Cytokinetics Inc                                   | Cytokinetics Inc                                   | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |     34100 | NS      | $1126664.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Stride Inc                                         | Stride Inc                                         | CUSIP: 86333M108<br>LEI: 254900BRWS3AFONWU277 | Long             | EC               | CORP              | US        |     17400 | NS      | $2526306.00   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Trex Co Inc                                        | Trex Co Inc                                        | CUSIP: 89531P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22400 | NS      | $1218112.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| First Horizon Corp                                 | First Horizon Corp                                 | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               | CORP              | US        |    109300 | NS      | $2317160.00   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                                     | Ameris Bancorp                                     | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |     26200 | NS      | $1695140.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Exact Sciences Corp                                | Exact Sciences Corp                                | CUSIP: 30063P105<br>LEI: 549300VM3X1FYD4N9Z14 | Long             | EC               | CORP              | US        |     25900 | NS      | $1376326.00   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners Inc                    | Pinnacle Financial Partners Inc                    | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |     18100 | NS      | $1998421.00   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| TKO Group Holdings Inc                             | TKO Group Holdings Inc                             | CUSIP: 87256C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18400 | NS      | $3347880.00   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Vital Farms Inc                                    | Vital Farms Inc                                    | CUSIP: 92847W103<br>LEI: 549300S6NYY7ER3XOT61 | Long             | EC               | CORP              | US        |     35800 | NS      | $1379016.00   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies Inc                               | SPX Technologies Inc                               | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |      6500 | NS      | $1089920.00   | 0.67%             |  |  |  | No            |                  1 | 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        |   1182431 | NS      | $1182430.66   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Addus HomeCare Corp                                | Addus HomeCare Corp                                | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |     12500 | NS      | $1439875.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                                  | Agree Realty Corp                                  | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34500 | NS      | $2520570.00   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Remitly Global Inc                                 | Remitly Global Inc                                 | CUSIP: 75960P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20200 | NS      | $379154.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corp                              | Stifel Financial Corp                              | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |     19300 | NS      | $2002954.00   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Visteon Corp                                       | Visteon Corp                                       | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |      9800 | NS      | $914340.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp                          | Taylor Morrison Home Corp                          | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |     43500 | NS      | $2671770.00   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Lazard Inc                                         | Lazard Inc                                         | CUSIP: 52110M109<br>LEI: 254900RIBCDJSUFG1A11 | Long             | EC               | CORP              | US        |     48200 | NS      | $2312636.00   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| RadNet Inc                                         | RadNet Inc                                         | CUSIP: 750491102<br>LEI: 529900RECG94V2IZJ970 | Long             | EC               | CORP              | US        |     30800 | NS      | $1752828.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SpringWorks Therapeutics Inc                       | SpringWorks Therapeutics Inc                       | CUSIP: 85205L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41200 | NS      | $1935988.00   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| American Eagle Outfitters Inc                      | American Eagle Outfitters Inc                      | CUSIP: 02553E106<br>LEI: 5299001Z9HXK01DHW793 | Long             | EC               | CORP              | US        |     38500 | NS      | $370370.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Caesars Entertainment Inc                          | Caesars Entertainment Inc                          | CUSIP: 12769G100<br>LEI: 549300FA4CTCW903Y781 | Long             | EC               | CORP              | US        |     25600 | NS      | $726784.00    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| AAR Corp                                           | AAR Corp                                           | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |     18000 | NS      | $1238220.00   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| FNB Corp/PA                                        | FNB Corp/PA                                        | CUSIP: 302520101<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | EC               | CORP              | US        |    125658 | NS      | $1832093.64   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Collegium Pharmaceutical Inc                       | Collegium Pharmaceutical Inc                       | CUSIP: 19459J104<br>LEI: 54930049FXZMTLW8D496 | Long             | EC               | CORP              | US        |     44400 | NS      | $1312908.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Civitas Resources Inc                              | Civitas Resources Inc                              | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |     27700 | NS      | $762304.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Abacus Global Management Inc                       | Abacus Global Management Inc                       | CUSIP: 00258Y104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24462 | NS      | $125734.68    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corp                                        | SiTime Corp                                        | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9200 | NS      | $1960336.00   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Denali Therapeutics Inc                            | Denali Therapeutics Inc                            | CUSIP: 24823R105<br>LEI: 549300ZTQ2HO18L3Q830 | Long             | EC               | CORP              | US        |     39000 | NS      | $545610.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| SailPoint Inc                                      | SailPoint Inc                                      | CUSIP: 78781J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18500 | NS      | $422910.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Chord Energy Corp                                  | Chord Energy Corp                                  | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |     11200 | NS      | $1084720.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank Holdings Corp                        | National Bank Holdings Corp                        | CUSIP: 633707104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16100 | NS      | $605521.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Jamf Holding Corp                                  | Jamf Holding Corp                                  | CUSIP: 47074L105<br>LEI: 254900IHLXZU4Z5ANA12 | Long             | EC               | CORP              | US        |     33500 | NS      | $318585.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearwater Analytics Holdings Inc                  | Clearwater Analytics Holdings Inc                  | CUSIP: 185123106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42900 | NS      | $940797.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Huron Consulting Group Inc                         | Huron Consulting Group Inc                         | CUSIP: 447462102<br>LEI: 549300NGVB9H6TKTLE36 | Long             | EC               | CORP              | US        |      9100 | NS      | $1251614.00   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindblad Expeditions Holdings Inc                  | Lindblad Expeditions Holdings Inc                  | CUSIP: 535219109<br>LEI: 549300GSPW24GZE6R597 | Long             | EC               | CORP              | US        |     40900 | NS      | $477303.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Akero Therapeutics Inc                             | Akero Therapeutics Inc                             | CUSIP: 00973Y108<br>LEI: 549300SI3KG74LBE2955 | Long             | EC               | CORP              | US        |     14456 | NS      | $771372.16    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Brands Inc                                | BellRing Brands Inc                                | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |     13500 | NS      | $782055.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Immunome Inc                                       | Immunome Inc                                       | CUSIP: 45257U108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6154 | NS      | $57232.20     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgebio Pharma Inc                               | Bridgebio Pharma Inc                               | CUSIP: 10806X102<br>LEI: 54930028YG89VTY2J114 | Long             | EC               | CORP              | US        |     35700 | NS      | $1541526.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Caleres Inc                                        | Caleres Inc                                        | CUSIP: 129500104<br>LEI: JFU6RQQJ8Z1CPOLBXQ18 | Long             | EC               | CORP              | US        |     42700 | NS      | $521794.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Iovance Biotherapeutics Inc                        | Iovance Biotherapeutics Inc                        | CUSIP: 462260100<br>LEI: 2549002L8WT2ACU5Q878 | Long             | EC               | CORP              | US        |    179300 | NS      | $308396.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Structure Therapeutics Inc                         | Structure Therapeutics Inc                         | CUSIP: 86366E106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31500 | NS      | $653310.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: —       |
| Varonis Systems Inc                                | Varonis Systems Inc                                | CUSIP: 922280102<br>LEI: 549300SHIVNRRH7STS26 | Long             | EC               | CORP              | US        |     44000 | NS      | $2233000.00   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| EnerSys                                            | EnerSys                                            | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |     13709 | NS      | $1175820.93   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Patterson-UTI Energy Inc                           | Patterson-UTI Energy Inc                           | CUSIP: 703481101<br>LEI: 254900XGFBKIXD6G0697 | Long             | EC               | CORP              | US        |    102700 | NS      | $609011.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Wintrust Financial Corp                            | Wintrust Financial Corp                            | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |      7200 | NS      | $892656.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Ladder Capital Corp                                | Ladder Capital Corp                                | CUSIP: 505743104<br>LEI: 549300Q6LLV2QCV67C06 | Long             | EC               | CORP              | US        |     55800 | NS      | $599850.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Lulu's Fashion Lounge Holdings Inc                 | Lulu's Fashion Lounge Holdings Inc                 | CUSIP: 55003A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30928 | NS      | $9278.40      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Louisiana-Pacific Corp                             | Louisiana-Pacific Corp                             | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |      9400 | NS      | $808306.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ChampionX Corp                                     | ChampionX Corp                                     | CUSIP: 15872M104<br>LEI: 549300EP2909K6DYYP38 | Long             | EC               | CORP              | US        |     46500 | NS      | $1155060.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Gulfport Energy Corp                               | Gulfport Energy Corp                               | CUSIP: 402635502<br>LEI: 254900DJRGZBUZ3F5038 | Long             | EC               | CORP              | US        |      3600 | NS      | $724212.00    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Marex Group PLC                                    | Marex Group PLC                                    | CUSIP: G5S37H101<br>LEI: 549300DWX0SVICJAL507 | Long             | EC               | CORP              | GB        |     20292 | NS      | $800925.24    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Capital Holdings Ltd                          | Axis Capital Holdings Ltd                          | CUSIP: G0692U109<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |      7900 | NS      | $820178.00    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Inc                                         | Vertex Inc                                         | CUSIP: 92538J106<br>LEI: 549300QMYW171MP1PL50 | Long             | EC               | CORP              | US        |     21791 | NS      | $769984.99    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| OneMain Holdings Inc                               | OneMain Holdings Inc                               | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |     20900 | NS      | $1191300.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmark Group Inc                                  | Newmark Group Inc                                  | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     89600 | NS      | $1088640.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| World Kinect Corp                                  | World Kinect Corp                                  | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |     32600 | NS      | $924210.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Castle Biosciences Inc                             | Castle Biosciences Inc                             | CUSIP: 14843C105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59853 | NS      | $1222198.26   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Immunocore Holdings PLC                            | Immunocore Holdings PLC                            | CUSIP: 45258D105<br>LEI: 213800IUE3DFS84BVN18 | Long             | EC               | CORP              | GB        |     16300 | NS      | $511494.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ABM Industries Inc                                 | ABM Industries Inc                                 | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |     36500 | NS      | $1723165.00   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Energy Industries Inc                     | Advanced Energy Industries Inc                     | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               | CORP              | US        |     15500 | NS      | $2053750.00   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Privia Health Group Inc                            | Privia Health Group Inc                            | CUSIP: 74276R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     67700 | NS      | $1557100.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurn Elkay Water Solutions Corp                    | Zurn Elkay Water Solutions Corp                    | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |     52400 | NS      | $1916268.00   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| American Healthcare REIT Inc                       | American Healthcare REIT Inc                       | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               | CORP              | US        |     19600 | NS      | $720104.00    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp                             | Webster Financial Corp                             | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |     14607 | NS      | $797542.20    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| JFrog Ltd                                          | JFrog Ltd                                          | CUSIP: M6191J100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39800 | NS      | $1746424.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferson Capital Inc                              | Jefferson Capital Inc                              | CUSIP: 47248R103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28117 | NS      | $518758.65    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| DigitalOcean Holdings Inc                          | DigitalOcean Holdings Inc                          | CUSIP: 25402D102<br>LEI: 549300EPISPY3RE3DL21 | Long             | EC               | CORP              | US        |     26400 | NS      | $753984.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Credo Technology Group Holding Ltd                 | Credo Technology Group Holding Ltd                 | CUSIP: G25457105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23375 | NS      | $2164291.25   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Water Products Inc - Class A               | Mueller Water Products Inc - Class A               | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |     87000 | NS      | $2091480.00   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity FedFund - Institutional Class  | BlackRock Liquidity FedFund - Institutional Class  | CUSIP: 09248U700<br>LEI: 549300T8K043VZEOVK74 | Long             | STIV             | RF                | US        |    925960 | NS      | $925960.05    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Manhattan Associates Inc                           | Manhattan Associates Inc                           | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |      4400 | NS      | $868868.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Viking Therapeutics Inc                            | Viking Therapeutics Inc                            | CUSIP: 92686J106<br>LEI: 529900IVC72YPFA25M37 | Long             | EC               | CORP              | US        |     19400 | NS      | $514100.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Essent Group Ltd                                   | Essent Group Ltd                                   | CUSIP: G3198U102<br>LEI: 254900QUO860OUT6ZF83 | Long             | EC               | CORP              | US        |     23000 | NS      | $1396790.00   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties Inc                             | Cousins Properties Inc                             | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |     47400 | NS      | $1423422.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Teekay Tankers Ltd                                 | Teekay Tankers Ltd                                 | CUSIP: G8726X106<br>LEI: 549300DE8ZAIYS2T6Q22 | Long             | EC               | CORP              | CA        |     25900 | NS      | $1080548.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceTitan Inc                                   | ServiceTitan Inc                                   | CUSIP: 81764X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13436 | NS      | $1440070.48   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprout Social Inc                                  | Sprout Social Inc                                  | CUSIP: 85209W109<br>LEI: 254900QE3QH8EBRDOB65 | Long             | EC               | CORP              | US        |     31837 | NS      | $665711.67    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-25

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

**Signature:** Megan Hoffmann

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

**Title:** Vice President and Controller