# EDGAR Filing Document

**Accession Number:** 0000012601
**File Stem:** 0001752724-23-037056
**Filing Date:** 2023-2
**Character Count:** 9561
**Document Hash:** 5ae76685c221f23b90b14883b85dc292
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-037056.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-037056

**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:** 23659122

**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

### Strategic Asset Management Strategic Growth Portfolio (Series ID: S000014084)

| Class ID   | Class Name                                                    | Ticker Symbol   |
|:---|:---|:---|
| C000038530 | Strategic Asset Management Strategic Growth Portfolio Class 1 |  |
| C000038531 | Strategic Asset Management Strategic Growth Portfolio 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:** SAM Strategic Growth Portfolio

- **b. EDGAR series identifier (if any):** S000014084

- **c. LEI of Series:** 549300VJUCWV7KF8D292

**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:** $339014690.55

**Total Liabilities:** $109113.26

**Net Assets:** $338905577.29

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000038531 | 6.29%                | 7.55%                | -4.76%               |
| Class ID C000038530 | 6.34%                | 7.52%                | -4.73%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-297235.84              | $19792545.84                               |
| Month 2  | $-311483.41              | $25422383.95                               |
| Month 3  | $3722570.67              | $-23312392.16                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Principal Capital Appreciation Fund                | Principal Capital Appreciation Fund                | CUSIP: 74254U432<br>LEI: 549300488LDV833BXR20 | Long             | EC               | RF                | US        |    806823 | NS      | $44657665.84  | 13.18%            |  |  |  | No            |                  1 | On Loan: No      |
| LargeCap Value Fund III                            | LargeCap Value Fund III                            | CUSIP: 74253J677<br>LEI: 549300P5E4OK1XZWQO33 | Long             | EC               | RF                | US        |   1019727 | NS      | $17243575.42  | 5.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Chip Fund                                     | Blue Chip Fund                                     | CUSIP: 74256W535<br>LEI: 549300DIGKZKBG8KG876 | Long             | EC               | RF                | US        |   2037599 | NS      | $57582558.42  | 16.99%            |  |  |  | No            |                  1 | On Loan: No      |
| Overseas Fund                                      | Overseas Fund                                      | CUSIP: 742553571<br>LEI: M8LPS0WBNG35BUE1BV52 | Long             | EC               | RF                | US        |   1588739 | NS      | $14695839.08  | 4.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Diversified Real Asset Fund                        | Diversified Real Asset Fund                        | CUSIP: 742537467<br>LEI: 549300FY1HF8KNDK4G58 | Long             | EC               | RF                | US        |    820975 | NS      | $9022517.16   | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| International Small Company Fund                   | International Small Company Fund                   | CUSIP: 74256W493<br>LEI: 5493005DM6DKJRUY3N14 | Long             | EC               | RF                | US        |    939024 | NS      | $8507558.73   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Origin Emerging Markets Fund                       | Origin Emerging Markets Fund                       | CUSIP: 742537483<br>LEI: 549300PYEJ7SMX1YOB34 | Long             | EC               | RF                | US        |   2518900 | NS      | $22468589.69  | 6.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Diversified International Fund                     | Diversified International Fund                     | CUSIP: 74257B811<br>LEI: 549300WI2K0C68CW5R08 | Long             | EC               | RF                | US        |   2199701 | NS      | $25054600.05  | 7.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Income Account                              | Equity Income Account                              | CUSIP: N/A<br>LEI: 54930095K9Z8PBKMWU68       | Long             | EC               | RF                | US        |   2023532 | NS      | $53704533.84  | 15.85%            |  |  |  | No            |                  1 | On Loan: No      |
| LargeCap Growth Fund I                             | LargeCap Growth Fund I                             | CUSIP: 742537590<br>LEI: 5493005TWCHTR0PO8C36 | Long             | EC               | RF                | US        |    777543 | NS      | $10224685.69  | 3.02%             |  |  |  | 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        |   2373134 | NS      | $2373133.95   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| MidCap Account                                     | MidCap Account                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | RF                | US        |    457693 | NS      | $23456751.70  | 6.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal U.S. Small-Cap Multi-Factor ETF          | Principal U.S. Small-Cap Multi-Factor ETF          | CUSIP: 74255Y607<br>LEI: 5493008MXNTNT2RRXN18 | Long             | EC               | RF                | US        |    231100 | NS      | $9034854.50   | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Bond Market Index Fund                             | Bond Market Index Fund                             | CUSIP: 742553316<br>LEI: VNIC77YUXCT48GBDSU43 | Long             | EC               | RF                | US        |   1161499 | NS      | $9733365.12   | 2.87%             |  |  |  | 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        |    862000 | NS      | $31083720.00  | 9.17%             |  |  |  | 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