# EDGAR Filing Document

**Accession Number:** 0000012601
**File Stem:** 0001752724-23-037072
**Filing Date:** 2023-2
**Character Count:** 10041
**Document Hash:** a8287169df4fe98f7fabb5dfacff07fd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-037072.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-037072

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRINCIPAL VARIABLE CONTRACTS FUNDS INC
- **CENTRAL INDEX KEY:** 0000012601
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01944
- **FILM NUMBER:** 23659137

**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

### Principal LifeTime Strategic Income Account (Series ID: S000007672)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000020920 | Principal LifeTime Strategic Income Account Class 1 |  |

## 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:** Principal LifeTime Strategic Income Account

- **b. EDGAR series identifier (if any):** S000007672

- **c. LEI of Series:** 5493001PMMEN7HOQW232

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $24127162.46

**Total Liabilities:** $4082.42

**Net Assets:** $24123080.04

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000020920 | 2.06%                | 4.25%                | -1.84%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $54948.25                | $395661.15                                 |
| Month 2  | $-7263.90                | $1015864.58                                |
| Month 3  | $232478.08               | $-928656.36                                |

### 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        |     23830 | NS      | $831180.63    | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Chip Fund                   | Blue Chip Fund                   | CUSIP: 74256W535<br>LEI: 549300DIGKZKBG8KG876 | Long             | EC               | RF                | US        |     27489 | NS      | $776834.76    | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Diversified International Fund   | Diversified International Fund   | CUSIP: 74257B811<br>LEI: 549300WI2K0C68CW5R08 | Long             | EC               | RF                | US        |     97985 | NS      | $1116049.17   | 4.63%             |  |  |  | No            |                  1 | On Loan: No      |
| SmallCap Growth Fund I           | SmallCap Growth Fund I           | CUSIP: 742537574<br>LEI: 5493004U8OWJ0X12E116 | Long             | EC               | RF                | US        |     13158 | NS      | $159606.05    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Fixed Income Fund           | Core Fixed Income Fund           | CUSIP: 742537616<br>LEI: 2K6IF9KYA1Q08XNZVZ48 | Long             | EC               | RF                | US        |   1012772 | NS      | $8527542.94   | 35.35%            |  |  |  | No            |                  1 | On Loan: No      |
| LargeCap Growth Fund I           | LargeCap Growth Fund I           | CUSIP: 742537590<br>LEI: 5493005TWCHTR0PO8C36 | Long             | EC               | RF                | US        |     57245 | NS      | $752768.34    | 3.12%             |  |  |  | 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        |     41048 | NS      | $790590.16    | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| MidCap Value Fund I              | MidCap Value Fund I              | CUSIP: 74257B654<br>LEI: 549300O90I046TGIJV51 | Long             | EC               | RF                | US        |     35304 | NS      | $545100.17    | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Diversified Real Asset Fund      | Diversified Real Asset Fund      | CUSIP: 742537467<br>LEI: 549300FY1HF8KNDK4G58 | Long             | EC               | RF                | US        |     56706 | NS      | $623204.00    | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Origin Emerging Markets Fund     | Origin Emerging Markets Fund     | CUSIP: 742537483<br>LEI: 549300PYEJ7SMX1YOB34 | Long             | EC               | RF                | US        |     30980 | NS      | $276338.43    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Inflation Protection Fund        | Inflation Protection Fund        | CUSIP: 74254T815<br>LEI: 5493006ECFME6VCZ0U45 | Long             | EC               | RF                | US        |    205773 | NS      | $1578275.70   | 6.54%             |  |  |  | No            |                  1 | On Loan: No      |
| High Income Fund                 | High Income Fund                 | CUSIP: 74254R637<br>LEI: 549300587LXZ3RWC6G81 | Long             | EC               | RF                | US        |    202821 | NS      | $1588087.93   | 6.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Short-Term Income Fund           | Short-Term Income Fund           | CUSIP: 74254U440<br>LEI: IJOCWVJG326LDFE5SJ51 | Long             | EC               | RF                | US        |    366712 | NS      | $4224527.30   | 17.51%            |  |  |  | No            |                  1 | On Loan: No      |
| MidCap Growth Fund III           | MidCap Growth Fund III           | CUSIP: 74253Q614<br>LEI: 549300GHS4DWMKDWYG64 | Long             | EC               | RF                | US        |     36730 | NS      | $375377.51    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| MidCap Fund                      | MidCap Fund                      | CUSIP: 74256W584<br>LEI: 549300D8KHZ8MDOZYC94 | Long             | EC               | RF                | US        |      4363 | NS      | $136258.08    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| International Small Company Fund | International Small Company Fund | CUSIP: 74256W493<br>LEI: 5493005DM6DKJRUY3N14 | Long             | EC               | RF                | US        |     23868 | NS      | $216243.94    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| SmallCap Value Fund II           | SmallCap Value Fund II           | CUSIP: 742537566<br>LEI: 549300VWU1POPCB8T381 | Long             | EC               | RF                | US        |     16129 | NS      | $168548.71    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Overseas Fund                    | Overseas Fund                    | CUSIP: 742553571<br>LEI: M8LPS0WBNG35BUE1BV52 | Long             | EC               | RF                | US        |     63164 | NS      | $584264.08    | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| LargeCap Value Fund III          | LargeCap Value Fund III          | CUSIP: 74253J677<br>LEI: 549300P5E4OK1XZWQO33 | Long             | EC               | RF                | US        |     48576 | NS      | $821426.48    | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

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

**Signature:** Megan Hoffmann

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

**Title:** Vice President and Controller