# EDGAR Filing Document

**Accession Number:** 0000898745
**File Stem:** 0001752724-25-150688
**Filing Date:** 2025-6
**Character Count:** 8046
**Document Hash:** 8e800d5f36dbe8b44c17575155e10463
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-150688.hdr.sgml**: 20250623

**ACCESSION NUMBER**: 0001752724-25-150688

**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:** 251063734

**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 Hybrid 2025 Fund (Series ID: S000046558)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000145317 | Institutional Class | PHTQX           |
| C000159889 | R-6                 | PLFTX           |
| C000199320 | Class J             | PHJQX           |

## 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 Hybrid 2025 Fund

- **b. EDGAR series identifier (if any):** S000046558

- **c. LEI of Series:** 549300OOALE400Z3J597

**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:** $946536167.62

**Total Liabilities:** $86807.45

**Net Assets:** $946449360.17

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000159889 | 0.62%                | -2.07%               | 0.00%                |
| Class ID C000199320 | 0.62%                | -2.16%               | 0.00%                |
| Class ID C000145317 | 0.70%                | -2.15%               | 0.00%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $12403010.92             | $-6947138.27                               |
| Month 2  | $-98672.64               | $-20518281.77                              |
| Month 3  | $-16458.31               | $5658.07                                   |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| International Equity Fund        | International Equity Fund        | CUSIP: 74256W592<br>LEI: 549300O1DA1JNC6UVF17 | Long             | EC               | RF                | US        |   8159532 | NS      | $112275163.99 | 11.86%            |  |  |  | No            |                  1 | On Loan: No      |
| Diversified Real Asset Fund      | Diversified Real Asset Fund      | CUSIP: 742537467<br>LEI: 549300FY1HF8KNDK4G58 | Long             | EC               | RF                | US        |    350814 | NS      | $4016824.23   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Bond Market Index Fund           | Bond Market Index Fund           | CUSIP: 742553316<br>LEI: VNIC77YUXCT48GBDSU43 | Long             | EC               | RF                | US        |  35830223 | NS      | $306348409.38 | 32.37%            |  |  |  | No            |                  1 | On Loan: No      |
| Inflation Protection Fund        | Inflation Protection Fund        | CUSIP: 74254T815<br>LEI: 5493006ECFME6VCZ0U45 | Long             | EC               | RF                | US        |   5721519 | NS      | $44799495.27  | 4.73%             |  |  |  | No            |                  1 | On Loan: No      |
| MidCap S&P 400 Index Fund        | MidCap S&P 400 Index Fund        | CUSIP: 74256W576<br>LEI: 549300BESRSJ6JCTJH84 | Long             | EC               | RF                | US        |   1178196 | NS      | $23693524.94  | 2.50%             |  |  |  | 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        |    939986 | NS      | $21065096.86  | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Emerging Markets Fund     | Global Emerging Markets Fund     | CUSIP: 74256W618<br>LEI: 5493005LRWTRDOOFXF24 | Long             | EC               | RF                | US        |    430810 | NS      | $11567242.11  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Short-Term Income Fund           | Short-Term Income Fund           | CUSIP: 74254U440<br>LEI: IJOCWVJG326LDFE5SJ51 | Long             | EC               | RF                | US        |   7497561 | NS      | $90645517.85  | 9.58%             |  |  |  | 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        |   9705434 | NS      | $261076169.52 | 27.58%            |  |  |  | No            |                  1 | On Loan: No      |
| High Yield Fund                  | High Yield Fund                  | CUSIP: 74256W626<br>LEI: 2U04QLKKFWRJC7CSOX80 | Long             | EC               | RF                | US        |   7294201 | NS      | $48141729.13  | 5.09%             |  |  |  | No            |                  1 | On Loan: No      |
| International Small Company Fund | International Small Company Fund | CUSIP: 74256W493<br>LEI: 5493005DM6DKJRUY3N14 | Long             | EC               | RF                | US        |    500427 | NS      | $5499696.71   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Real Estate Securities Fund      | Real Estate Securities Fund      | CUSIP: 74256W568<br>LEI: 5493007VCVKAGWPVUY18 | Long             | EC               | RF                | US        |    587071 | NS      | $16837205.31  | 1.78%             |  |  |  | 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