# EDGAR Filing Document

**Accession Number:** 0000898745
**File Stem:** 0001752724-25-150744
**Filing Date:** 2025-6
**Character Count:** 12146
**Document Hash:** 84dcbf8b9fa2ff196cccb17f81ecd876
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-150744.hdr.sgml**: 20250623

**ACCESSION NUMBER**: 0001752724-25-150744

**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:** 251063787

**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

### Strategic Asset Management Strategic Growth Portfolio (Series ID: S000014236)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000038730 | Class A             | SACAX           |
| C000038732 | Class C             | SWHCX           |
| C000038733 | Institutional Class | PSWIX           |
| C000039355 | R-3                 | PSGPX           |
| C000039358 | R-5                 | PSGFX           |
| C000039359 | Class J             | PSWJX           |

## 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:** SAM Strategic Growth Portfolio

- **b. EDGAR series identifier (if any):** S000014236

- **c. LEI of Series:** 549300C8SIHTBE7RE726

**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:** $2169569935.52

**Total Liabilities:** $1031762.32

**Net Assets:** $2168538173.20

**Cash Not Reported:** $0.07

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000038732 | -0.91%               | -4.10%               | -0.48%               |
| Class ID C000039358 | -0.87%               | -4.06%               | -0.38%               |
| Class ID C000039355 | -0.87%               | -4.08%               | -0.43%               |
| Class ID C000039359 | -0.87%               | -4.02%               | -0.39%               |
| Class ID C000038730 | -0.86%               | -4.06%               | -0.41%               |
| Class ID C000038733 | -0.81%               | -4.04%               | -0.38%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $38127464.57             | $-57330564.01                              |
| Month 2  | $43234368.42             | $-136620113.05                             |
| Month 3  | $-1148803.29             | $-9161806.57                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| LargeCap S&P 500 Index Fund                        | LargeCap S&P 500 Index Fund                        | CUSIP: 74253Q788<br>LEI: 549300HDJCROTIVIXD92 | Long             | EC               | RF                | US        |   2281582 | NS      | $61374547.19  | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Value ETF                                | Principal Value ETF                                | CUSIP: 74255Y300<br>LEI: 549300X72DS7OIEXMJ50 | Long             | EC               | RF                | US        |   1198000 | NS      | $55491360.00  | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Income Fund                                 | Equity Income Fund                                 | CUSIP: 74254U499<br>LEI: 549300LK1BTIDFAOW136 | Long             | EC               | RF                | US        |   6123260 | NS      | $232377716.09 | 10.72%            |  |  |  | No            |                  1 | On Loan: No      |
| Principal U.S. Mega-Cap ETF                        | Principal U.S. Mega-Cap ETF                        | CUSIP: 74255Y870<br>LEI: 549300XGM3O583ZPRJ37 | Long             | EC               | RF                | US        |   5261800 | NS      | $298396678.00 | 13.76%            |  |  |  | No            |                  1 | On Loan: No      |
| Bond Market Index Fund                             | Bond Market Index Fund                             | CUSIP: 742553316<br>LEI: VNIC77YUXCT48GBDSU43 | Long             | EC               | RF                | US        |   1950259 | NS      | $16674712.59  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal U.S. Small-Cap ETF                       | Principal U.S. Small-Cap ETF                       | CUSIP: 74255Y607<br>LEI: 5493008MXNTNT2RRXN18 | Long             | EC               | RF                | US        |   1706500 | NS      | $81348855.00  | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Overseas Fund                                      | Overseas Fund                                      | CUSIP: 742553571<br>LEI: M8LPS0WBNG35BUE1BV52 | Long             | EC               | RF                | US        |  11663513 | NS      | $120833992.63 | 5.57%             |  |  |  | No            |                  1 | On Loan: No      |
| LargeCap Value Fund III                            | LargeCap Value Fund III                            | CUSIP: 74253J677<br>LEI: 549300P5E4OK1XZWQO33 | Long             | EC               | RF                | US        |  10487533 | NS      | $192446236.70 | 8.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal International Equity ETF                 | Principal International Equity ETF                 | CUSIP: 74255Y698<br>LEI: 254900IUDNVVDBH14H30 | Long             | EC               | RF                | US        |   4992130 | NS      | $133489556.20 | 6.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Small-MidCap Dividend Income Fund                  | Small-MidCap Dividend Income Fund                  | CUSIP: 74256W469<br>LEI: 54930000PG64KHHYCN32 | Long             | EC               | RF                | US        |   1460172 | NS      | $25260983.58  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| International Small Company Fund                   | International Small Company Fund                   | CUSIP: 74256W493<br>LEI: 5493005DM6DKJRUY3N14 | Long             | EC               | RF                | US        |   4990239 | NS      | $54842721.48  | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Capital Appreciation Fund                | Principal Capital Appreciation Fund                | CUSIP: 74254U432<br>LEI: 549300488LDV833BXR20 | Long             | EC               | RF                | US        |   4061954 | NS      | $314517085.60 | 14.50%            |  |  |  | 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        |  17662025 | NS      | $17662024.57  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Real Estate Securities Fund                        | Real Estate Securities Fund                        | CUSIP: 74256W568<br>LEI: 5493007VCVKAGWPVUY18 | Long             | EC               | RF                | US        |    647655 | NS      | $18574746.89  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Diversified Real Asset Fund                        | Diversified Real Asset Fund                        | CUSIP: 742537467<br>LEI: 549300FY1HF8KNDK4G58 | Long             | EC               | RF                | US        |   6608497 | NS      | $75667293.34  | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MidCap Fund                                        | MidCap Fund                                        | CUSIP: 74256W584<br>LEI: 549300D8KHZ8MDOZYC94 | Long             | EC               | RF                | US        |   2546059 | NS      | $112586718.41 | 5.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Emerging Markets Fund                       | Global Emerging Markets Fund                       | CUSIP: 74256W618<br>LEI: 5493005LRWTRDOOFXF24 | Long             | EC               | RF                | US        |   3378608 | NS      | $90715634.98  | 4.18%             |  |  |  | No            |                  1 | On Loan: No      |
| LargeCap Growth Fund I                             | LargeCap Growth Fund I                             | CUSIP: 742537590<br>LEI: 5493005TWCHTR0PO8C36 | Long             | EC               | RF                | US        |   6944476 | NS      | $107847712.47 | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| International Equity Index Fund                    | International Equity Index Fund                    | CUSIP: 74256W519<br>LEI: 5493006KEEH2X763W530 | Long             | EC               | RF                | US        |   2172860 | NS      | $26791367.09  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Chip Fund                                     | Blue Chip Fund                                     | CUSIP: 74256W535<br>LEI: 549300DIGKZKBG8KG876 | Long             | EC               | RF                | US        |   2690248 | NS      | $121141868.12 | 5.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Inflation Protection Fund                          | Inflation Protection Fund                          | CUSIP: 74254T815<br>LEI: 5493006ECFME6VCZ0U45 | Long             | EC               | RF                | US        |   1463829 | NS      | $11461782.43  | 0.53%             |  |  |  | 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