# EDGAR Filing Document

**Accession Number:** 0000898745
**File Stem:** 0000898745-23-000124
**Filing Date:** 2023-2
**Character Count:** 431296
**Document Hash:** 524e8c2f331659a4b1a72abcd5380e02
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000898745-23-000124.hdr.sgml**: 20230524

**ACCESSION NUMBER**: 0000898745-23-000124

**CONFORMED SUBMISSION TYPE**: PRE 14A

**PUBLIC DOCUMENT COUNT**: 26

**CONFORMED PERIOD OF REPORT**: 20230224

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230302

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRINCIPAL FUNDS, INC.
- **CENTRAL INDEX KEY:** 0000898745
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** PRE 14A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 811-07572
- **FILM NUMBER:** 23665559

**BUSINESS ADDRESS:**
- **STREET 1:** 711 HIGH STREET
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392
- **BUSINESS PHONE:** 515-235-1209

**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

### Core Plus Bond Fund fka Bond & Mortgage Securities Fund (Series ID: S000006952)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000018956 | R-1                 | PBOMX           |
| C000018958 | R-3                 | PBMMX           |
| C000018959 | R-5                 | PBMPX           |
| C000018960 | R-4                 | PBMSX           |
| C000018961 | Institutional Class | PMSIX           |
| C000018962 | J Class             | PBMJX           |
| C000018963 | A Class             | PRBDX           |

### Diversified International Fund (Series ID: S000006992)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019052 | R-1                 | PDVIX           |
| C000019054 | R-3                 | PINRX           |
| C000019055 | R-5                 | PINPX           |
| C000019056 | R-4                 | PINLX           |
| C000019057 | Institutional Class | PIIIX           |
| C000019058 | Class J             | PIIJX           |
| C000019059 | Class A             | PRWLX           |
| C000210673 | Class R-6           | PDIFX           |

### High Income Fund (f/k/a High Yield Fund I) (Series ID: S000006996)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019079 | Institutional Class | PYHIX           |

### Inflation Protection Fund (Series ID: S000006997)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019081 | R-3                 | PIFPX           |
| C000019082 | R-5                 | PBPPX           |
| C000019083 | R-4                 | PIFSX           |
| C000019084 | R-1                 | PISPX           |
| C000019085 | Class J             | PIPJX           |
| C000019086 | Institutional Class | PIPIX           |

### Global Emerging Markets Fund (f/k/a International Emerging Markets Fund) (Series ID: S000007013)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019140 | R-3                 | PEAPX           |
| C000019141 | R-4                 | PESSX           |
| C000019142 | R-5                 | PEPSX           |
| C000019143 | R-1                 | PIXEX           |
| C000019144 | Institutional Class | PIEIX           |
| C000019145 | Class J             | PIEJX           |
| C000019146 | Class A             | PRIAX           |
| C000175481 | R-6                 | PIIMX           |

### LargeCap S&P 500 Index Fund (Series ID: S000007016)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019167 | R-1                 | PLPIX           |
| C000019169 | R-3                 | PLFMX           |
| C000019170 | R-5                 | PLFPX           |
| C000019171 | R-4                 | PLFSX           |
| C000019172 | Institutional Class | PLFIX           |
| C000019173 | Class J             | PSPJX           |
| C000019174 | Class A             | PLSAX           |
| C000038779 | Class C             | PLICX           |

### MidCap Fund (f/k/a MidCap Blend Fund) (Series ID: S000007075)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019310 | R-1                 | PMSBX           |
| C000019312 | R-3                 | PMBMX           |
| C000019313 | R-5                 | PMBPX           |
| C000019314 | R-4                 | PMBSX           |
| C000019315 | Institutional Class | PCBIX           |
| C000019316 | Class J             | PMBJX           |
| C000019317 | Class A             | PEMGX           |
| C000038781 | Class C             | PMBCX           |
| C000175482 | R-6                 | PMAQX           |

### LargeCap Growth Fund I (Series ID: S000007077)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019326 | R-1                 | PCRSX           |
| C000019328 | R-3                 | PPUMX           |
| C000019329 | R-5                 | PPUPX           |
| C000019330 | R-4                 | PPUSX           |
| C000019331 | Institutional Class | PLGIX           |
| C000019332 | Class J             | PLGJX           |
| C000019333 | Class A             | PLGAX           |
| C000149257 | R-6                 | PLCGX           |

### MidCap Growth Fund (Series ID: S000007078)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019336 | R-3                 | PFPPX           |
| C000019337 | R-5                 | PHPPX           |
| C000019338 | R-4                 | PIPPX           |
| C000019339 | R-1                 | PMSGX           |
| C000019340 | Institutional Class | PGWIX           |
| C000019341 | Class J             | PMGJX           |

### MidCap S&P 400 Index Fund (Series ID: S000007079)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019342 | R-1                 | PMSSX           |
| C000019343 | Institutional Class | MPSIX           |
| C000019345 | R-3                 | PMFMX           |
| C000019346 | R-5                 | PMFPX           |
| C000019347 | R-4                 | PMFSX           |
| C000019348 | Class J             | PMFJX           |
| C000175483 | R-6                 | PMAPX           |

### Money Market Fund (Series ID: S000007081)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000019362 | Class J      | PMJXX           |
| C000019363 | Class A      | PCSXX           |

### International Fund I (Series ID: S000007083)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019372 | R-3                 | PRPPX           |
| C000019373 | R-5                 | PTPPX           |
| C000019374 | R-4                 | PUPPX           |
| C000019375 | R-1                 | PPISX           |
| C000019376 | Institutional Class | PINIX           |
| C000175484 | R-6                 | PIIDX           |

### LargeCap Value Fund III (Series ID: S000007122)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019458 | R-1                 | PESAX           |
| C000019460 | R-3                 | PPSFX           |
| C000019461 | R-5                 | PPSRX           |
| C000019462 | R-4                 | PPSSX           |
| C000019463 | Institutional Class | PLVIX           |
| C000019464 | Class J             | PLVJX           |

### MidCap Growth Fund III (Series ID: S000007125)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019479 | R-1                 | PHASX           |
| C000019481 | R-3                 | PPQMX           |
| C000019482 | R-5                 | PPQPX           |
| C000019483 | R-4                 | PPQSX           |
| C000019484 | Institutional Class | PPIMX           |
| C000019485 | Class J             | PPQJX           |

### SmallCap Value Fund II (Series ID: S000007169)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019585 | R-3                 | PJARX           |
| C000019586 | R-5                 | PLARX           |
| C000019587 | R-4                 | PSTWX           |
| C000019588 | R-1                 | PCPTX           |
| C000019589 | Institutional Class | PPVIX           |
| C000076717 | Class J             | PSMJX           |
| C000149259 | R-6                 | PSMVX           |

### Spectrum Preferred and Capital Securities Income Fund (f/k/a Preferred Securities) (Series ID: S000007170)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019591 | R-3                 | PNARX           |
| C000019592 | R-5                 | PPARX           |
| C000019593 | R-4                 | PQARX           |
| C000019594 | R-1                 | PUSAX           |
| C000019595 | Institutional Class | PPSIX           |
| C000019596 | Class J             | PPSJX           |
| C000019597 | Class A             | PPSAX           |
| C000038790 | Class C             | PRFCX           |
| C000176328 | R-6                 | PPREX           |

### MidCap Value Fund I (Series ID: S000007173)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019614 | R-3                 | PMPRX           |
| C000019615 | R-5                 | PABVX           |
| C000019616 | R-4                 | PABWX           |
| C000019617 | R-1                 | PLASX           |
| C000019618 | Institutional Class | PVMIX           |
| C000076718 | Class J             | PVEJX           |
| C000210674 | A                   | PCMVX           |
| C000210675 | Class R-6           | PCMSX           |

### SmallCap Growth Fund I (Series ID: S000007175)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019625 | R-1                 | PNASX           |
| C000019627 | R-3                 | PPNMX           |
| C000019628 | R-5                 | PPNPX           |
| C000019629 | R-4                 | PPNSX           |
| C000019630 | Institutional Class | PGRTX           |
| C000019631 | Class J             | PSIJX           |
| C000149260 | R-6                 | PCSMX           |

### Principal LifeTime 2010 Fund (Series ID: S000007201)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019699 | R-1                 | PVASX           |
| C000019701 | R-3                 | PTAMX           |
| C000019702 | R-5                 | PTAPX           |
| C000019703 | R-4                 | PTASX           |
| C000019704 | Institutional Class | PTTIX           |
| C000019705 | Class J             | PTAJX           |
| C000019706 | Class A             | PENAX           |

### SmallCap S&P 600 Index Fund (Series ID: S000007203)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019714 | R-1                 | PSAPX           |
| C000019716 | R-3                 | PSSMX           |
| C000019717 | R-5                 | PSSPX           |
| C000019718 | R-4                 | PSSSX           |
| C000019719 | Institutional Class | PSSIX           |
| C000019720 | Class J             | PSSJX           |
| C000175485 | R-6                 | PSPIX           |

### Principal LifeTime 2020 Fund (Series ID: S000007207)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019740 | R-1                 | PWASX           |
| C000019742 | R-3                 | PTBMX           |
| C000019743 | R-5                 | PTBPX           |
| C000019744 | R-4                 | PTBSX           |
| C000019745 | Institutional Class | PLWIX           |
| C000019746 | Class J             | PLFJX           |
| C000019747 | Class A             | PTBAX           |

### Principal LifeTime 2030 Fund (Series ID: S000007208)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019749 | R-1                 | PXASX           |
| C000019751 | R-3                 | PTCMX           |
| C000019752 | R-5                 | PTCPX           |
| C000019753 | R-4                 | PTCSX           |
| C000019754 | Institutional Class | PMTIX           |
| C000019755 | Class J             | PLTJX           |
| C000019756 | Class A             | PTCAX           |

### Principal LifeTime 2040 Fund (Series ID: S000007209)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019758 | R-1                 | PYASX           |
| C000019760 | R-3                 | PTDMX           |
| C000019761 | R-5                 | PTDPX           |
| C000019762 | R-4                 | PTDSX           |
| C000019763 | Institutional Class | PTDIX           |
| C000019764 | Class J             | PTDJX           |
| C000019765 | Class A             | PTDAX           |

### Principal LifeTime 2050 Fund (Series ID: S000007210)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019767 | R-1                 | PZASX           |
| C000019770 | R-3                 | PTERX           |
| C000019771 | R-5                 | PTEFX           |
| C000019772 | R-4                 | PTESX           |
| C000019773 | Institutional Class | PPLIX           |
| C000019774 | Class J             | PFLJX           |
| C000019775 | Class A             | PPEAX           |

### Principal LifeTime Strategic Income Fund (Series ID: S000007211)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019776 | R-1                 | PLAIX           |
| C000019779 | R-3                 | PLSMX           |
| C000019780 | R-5                 | PLSPX           |
| C000019781 | R-4                 | PLSSX           |
| C000019782 | Institutional Class | PLSIX           |
| C000019783 | Class J             | PLSJX           |
| C000019784 | Class A             | PALTX           |

### Real Estate Securities Fund (Series ID: S000007212)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019785 | R-1                 | PRAEX           |
| C000019787 | R-3                 | PRERX           |
| C000019788 | R-5                 | PREPX           |
| C000019789 | R-4                 | PRETX           |
| C000019790 | Institutional Class | PIREX           |
| C000019791 | Class J             | PREJX           |
| C000019792 | Class A             | PRRAX           |
| C000038802 | Class C             | PRCEX           |
| C000175486 | R-6                 | PFRSX           |

### SmallCap Fund (fka SmallCap Blend Fund) (Series ID: S000007214)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019802 | R-1                 | PSABX           |
| C000019804 | R-3                 | PSBMX           |
| C000019805 | R-5                 | PSBPX           |
| C000019806 | R-4                 | PSBSX           |
| C000019807 | Institutional Class | PSLIX           |
| C000019808 | Class J             | PSBJX           |
| C000019809 | Class A             | PLLAX           |
| C000038804 | Class C             | PSMCX           |
| C000175487 | R-6                 | PSMLX           |

### California Municipal Fund (Series ID: S000014232)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000038715 | Class A       | SRCMX           |
| C000038717 | Class C       | SRCCX           |
| C000153061 | Institutional | PCMFX           |

### Strategic Asset Management Conservative Balanced Portfolio (Series ID: S000014233)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000038718 | Class A             | SAIPX           |
| C000038720 | Class C             | SCIPX           |
| C000038721 | Institutional Class | PCCIX           |
| C000039337 | R-3                 | PCBPX           |
| C000039338 | R-1                 | PCSSX           |
| C000039339 | R-4                 | PCBLX           |
| C000039340 | R-5                 | PCBFX           |
| C000039341 | Class J             | PCBJX           |

### Strategic Asset Management Conservative Growth Portfolio (Series ID: S000014234)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000038722 | Class A             | SAGPX           |
| C000038724 | Class C             | SCGPX           |
| C000038725 | Institutional Class | PCWIX           |
| C000039342 | R-4                 | PCWSX           |
| C000039343 | R-5                 | PCWPX           |
| C000039344 | Class J             | PCGJX           |
| C000039346 | R-3                 | PCGPX           |
| C000039347 | R-1                 | PCGGX           |

### Strategic Asset Management Flexible Income Portfolio (Series ID: S000014235)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000038726 | Class A             | SAUPX           |
| C000038728 | Class C             | SCUPX           |
| C000038729 | Institutional Class | PIFIX           |
| C000039349 | R-3                 | PFIPX           |
| C000039350 | R-1                 | PFIGX           |
| C000039351 | R-4                 | PFILX           |
| C000039352 | R-5                 | PFIFX           |
| C000039353 | Class J             | PFIJX           |

### 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           |
| C000039356 | R-1                 | PSGGX           |
| C000039357 | R-4                 | PSGLX           |
| C000039358 | R-5                 | PSGFX           |
| C000039359 | Class J             | PSWJX           |

### Tax-Exempt Bond Fund formerly Tax-Exempt Bond Fund I (Series ID: S000014237)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000038734 | Class A             | PTEAX           |
| C000038736 | Class C             | PTBCX           |
| C000158782 | Institutional Class | PITEX           |

### Principal Capital Appreciation Fund (fka West Coast Equity Fund) (Series ID: S000014238)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000038737 | Class A             | CMNWX           |
| C000038739 | Class C             | CMNCX           |
| C000038740 | Institutional Class | PWCIX           |
| C000085758 | R-1                 | PCAMX           |
| C000085760 | R-3                 | PCAOX           |
| C000085761 | R-4                 | PCAPX           |
| C000085762 | R-5                 | PCAQX           |

### Equity Income Fund formerly Equity Income Fund I (Series ID: S000014240)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000038744 | Class A             | PQIAX           |
| C000038746 | Class C             | PEUCX           |
| C000038747 | Institutional Class | PEIIX           |
| C000085763 | R-1                 | PIEMX           |
| C000085765 | R-3                 | PEIOX           |
| C000085766 | R-4                 | PEIPX           |
| C000085767 | R-5                 | PEIQX           |
| C000204702 | Class J             | PEIJX           |

### High Yield Fund (Series ID: S000014241)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000038748 | Class A             | CPHYX           |
| C000038750 | Class C             | CCHIX           |
| C000038751 | Institutional Class | PHYTX           |
| C000175488 | R-6                 | PHYFX           |

### Core Fixed Income Fund (f/k/a Income Fund) (Series ID: S000014242)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000038752 | Class A             | CMPIX           |
| C000038754 | Class C             | CNMCX           |
| C000038755 | Institutional Class | PIOIX           |
| C000080382 | Class J             | PIOJX           |
| C000085768 | R-5                 | PIOQX           |
| C000085769 | R-1                 | PIOMX           |
| C000085771 | R-3                 | PIOOX           |
| C000085772 | R-4                 | PIOPX           |
| C000149261 | R-6                 | PICNX           |

### Government & High Quality Bond Fund (f/k/a Mortgage Securities Fund) (Series ID: S000014244)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000038760 | Class A             | CMPGX           |
| C000038763 | Institutional Class | PMRIX           |
| C000113840 | R-1                 | PMGRX           |
| C000113842 | R-3                 | PRCMX           |
| C000113843 | R-4                 | PMRDX           |
| C000113844 | R-5                 | PMREX           |
| C000113845 | Class J             | PMRJX           |

### Short-Term Income Fund (Series ID: S000014245)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000038764 | Class A             | SRHQX           |
| C000038766 | Class C             | STCCX           |
| C000038767 | Institutional Class | PSHIX           |
| C000090493 | Class J             | PSJIX           |
| C000090494 | R-1                 | PSIMX           |
| C000090496 | R-3                 | PSIOX           |
| C000090497 | R-4                 | PSIPX           |
| C000090498 | R-5                 | PSIQX           |

### Strategic Asset Management Balanced Portfolio (Series ID: S000014246)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000038768 | Class A             | SABPX           |
| C000038770 | Class C             | SCBPX           |
| C000038771 | Institutional Class | PSBIX           |
| C000039361 | R-3                 | PBAPX           |
| C000039362 | R-1                 | PSBGX           |
| C000039363 | R-4                 | PSBLX           |
| C000039364 | R-5                 | PSBFX           |
| C000039365 | Class J             | PSAJX           |

### Global Real Estate Securities Fund (Series ID: S000019119)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000052887 | Class A             | POSAX           |
| C000052889 | Institutional Class | POSIX           |
| C000149262 | R-6                 | PGRSX           |
| C000167005 | R-3                 | PGRKX           |
| C000167006 | R-4                 | PGRVX           |
| C000167007 | R-5                 | PGRUX           |

### Principal LifeTime 2015 Fund (Series ID: S000022103)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000063423 | Institutional Class | LTINX           |
| C000063424 | R-3                 | LTAPX           |
| C000063425 | R-1                 | LTSGX           |
| C000063426 | R-5                 | LTPFX           |
| C000063427 | R-4                 | LTSLX           |

### Principal LifeTime 2025 Fund (Series ID: S000022104)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000063428 | R-4                 | LTEEX           |
| C000063429 | Institutional Class | LTSTX           |
| C000063431 | R-3                 | LTVPX           |
| C000063432 | R-1                 | LTSNX           |
| C000063433 | R-5                 | LTPDX           |

### Principal LifeTime 2035 Fund (Series ID: S000022105)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000063435 | R-3                 | LTAOX           |
| C000063436 | R-1                 | LTANX           |
| C000063437 | R-5                 | LTPEX           |
| C000063438 | R-4                 | LTSEX           |
| C000063439 | Institutional Class | LTIUX           |

### Principal LifeTime 2045 Fund (Series ID: S000022106)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000063441 | R-3                 | LTRVX           |
| C000063442 | R-1                 | LTRGX           |
| C000063443 | R-5                 | LTRDX           |
| C000063444 | R-4                 | LTRLX           |
| C000063445 | Institutional Class | LTRIX           |

### Principal LifeTime 2055 Fund (Series ID: S000022107)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000063447 | R-3                 | LTFDX           |
| C000063448 | R-1                 | LTFGX           |
| C000063449 | R-5                 | LTFPX           |
| C000063450 | R-4                 | LTFLX           |
| C000063451 | Institutional Class | LTFIX           |

### Overseas Fund (f/k/a International Value Fund I) (Series ID: S000023512)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000069149 | Institutional Class | PINZX           |
| C000111521 | R-3 Class           | PINTX           |
| C000111522 | R-4 Class           | PINUX           |

### Diversified Income Fund (f/k/a Global Diversified Income Fund) (Series ID: S000024296)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000071805 | Institutional Class | PGDIX           |
| C000071807 | Class A             | PGBAX           |
| C000071808 | Class C             | PGDCX           |
| C000190075 | R-6                 | PGBLX           |

### Bond Market Index Fund (Series ID: S000027178)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000082026 | Institutional Class | PNIIX           |
| C000082027 | R-1                 | PBIMX           |
| C000082029 | R-3                 | PBOIX           |
| C000082030 | R-4                 | PBIPX           |
| C000082031 | R-5                 | PBIQX           |
| C000085837 | Class J             | PBIJX           |

### International Equity Index Fund (Series ID: S000027179)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000082032 | R-3                 | PIIOX           |
| C000082033 | R-4                 | PIIPX           |
| C000082034 | R-5                 | PIIQX           |
| C000082035 | Institutional Class | PIDIX           |
| C000082036 | R-1                 | PILIX           |
| C000176329 | R-6                 | PFIEX           |

### Diversified Real Asset Fund (Series ID: S000028139)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000085834 | Class A             | PRDAX           |
| C000085836 | Institutional Class | PDRDX           |
| C000150253 | R-6                 | PDARX           |
| C000167691 | R-5                 | PGDTX           |
| C000167692 | R-3                 | PGDRX           |

### Small-MidCap Dividend Income Fund (Series ID: S000032942)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000101659 | Class A             | PMDAX           |
| C000101661 | Institutional Class | PMDIX           |
| C000115416 | Class C             | PMDDX           |
| C000176330 | R-6                 | PMDHX           |

### Global Multi-Strategy Fund (Series ID: S000033960)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000104712 | Class A             | PMSAX           |
| C000104714 | Institutional Class | PSMIX           |
| C000190071 | R-6                 | PGLSX           |

### Blue Chip Fund (Series ID: S000037378)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000115413 | Institutional Class | PBCKX           |
| C000131723 | Class A             | PBLAX           |
| C000131724 | Class C             | PBLCX           |
| C000167694 | R-3                 | PGBEX           |
| C000167695 | R-4                 | PGBFX           |
| C000167696 | R-5                 | PGBGX           |
| C000176331 | R-6                 | PGBHX           |
| C000193661 | Class J             | PBCJX           |

### Opportunistic Municipal Fund (Series ID: S000037379)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000115414 | Class A             | PMOAX           |
| C000153266 | Institutional Class | POMFX           |

### Principal LifeTime 2060 Fund (Series ID: S000039873)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000123721 | Class J             | PLTAX           |
| C000123722 | R-1                 | PLTRX           |
| C000123724 | R-3                 | PLTCX           |
| C000123725 | R-4                 | PLTMX           |
| C000123726 | R-5                 | PLTOX           |
| C000123727 | Institutional Class | PLTZX           |

### Capital Securities Fund (Series ID: S000041598)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000129138 | Class S      | PCSFX           |

### International Small Company Fund (Series ID: S000045671)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000150254 | Institutional | PISMX           |
| C000176332 | R-6           | PFISX           |

### Principal LifeTime Hybrid Income Fund (Series ID: S000046553)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000145302 | Institutional Class | PHTFX           |
| C000159884 | R-6                 | PLTYX           |
| C000199315 | Class J             | PHJFX           |

### Principal LifeTime Hybrid 2055 Fund (Series ID: S000046554)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000145305 | Institutional Class | PLTNX           |
| C000159885 | R-6                 | PLHTX           |
| C000199316 | Class J             | PHJBX           |

### Principal LifeTime Hybrid 2060 Fund (Series ID: S000046555)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000145308 | Institutional Class | PLTHX           |
| C000159886 | R-6                 | PLKTX           |
| C000199317 | Class J             | PHJGX           |

### Principal LifeTime Hybrid 2015 Fund (Series ID: S000046556)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000145311 | Institutional Class | PHTMX           |
| C000159887 | R-6                 | PLRRX           |
| C000199318 | Class J             | PHJMX           |

### Principal LifeTime Hybrid 2020 Fund (Series ID: S000046557)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000145314 | Institutional Class | PHTTX           |
| C000159888 | R-6                 | PLTTX           |
| C000199319 | Class J             | PHJTX           |

### 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           |

### Principal LifeTime Hybrid 2030 Fund (Series ID: S000046559)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000145320 | Institutional Class | PHTNX           |
| C000159890 | R-6                 | PLZTX           |
| C000199321 | Class J             | PHJNX           |

### Principal LifeTime Hybrid 2035 Fund (Series ID: S000046560)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000145323 | Institutional Class | PHTJX           |
| C000159891 | R-6                 | PLRTX           |
| C000199322 | Class J             | PHJJX           |

### Principal LifeTime Hybrid 2040 Fund (Series ID: S000046561)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000145326 | Institutional Class | PLTQX           |
| C000159892 | R-6                 | PLMTX           |
| C000199323 | Class J             | PHJEX           |

### Principal LifeTime Hybrid 2045 Fund (Series ID: S000046562)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000145329 | Institutional Class | PHTYX           |
| C000159893 | R-6                 | PLNTX           |
| C000199324 | Class J             | PHJYX           |

### Principal LifeTime Hybrid 2050 Fund (Series ID: S000046563)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000145332 | Institutional Class | PHTUX           |
| C000159894 | R-6                 | PLJTX           |
| C000199325 | Class J             | PHJUX           |

### Origin Emerging Markets Fund (Series ID: S000047839)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000150246 | Class A       | POEYX           |
| C000150247 | Institutional | POEIX           |
| C000150248 | R-6           | POEFX           |

### EDGE MidCap Fund (Series ID: S000049582)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000156764 | Institutional | PEDGX           |
| C000176334 | R-6           | PEDMX           |
| C000208088 | Class A       | PEMCX           |

### Finisterre Emerging Markets Total Return Bond Fund (Series ID: S000054330)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000170736 | Institutional Class | PFUMX           |

### Principal LifeTime 2065 (Series ID: S000058847)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000193001 | Institutional Class | PLJIX           |
| C000193002 | R-1                 | PLJAX           |
| C000193004 | R-3                 | PLJCX           |
| C000193005 | R-4                 | PLJDX           |
| C000193006 | R-5                 | PLJEX           |

### Principal LifeTime Hybrid 2065 (Series ID: S000058848)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000193007 | Institutional Class | PLHHX           |
| C000193008 | R-6                 | PLHRX           |
| C000199326 | Class J             | PHJDX           |

### Government Money Market Fund (Series ID: S000060089)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000196721 | Institutional | PGVXX           |
| C000239771 | Class R-6     | PGWXX           |

### Small-MidCap Growth Fund (Series ID: S000065709)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000212531 | Institutional | PSMHX           |

### Global Sustainable Listed Infrastructure Fund (Series ID: S000077513)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000237990 | Institutional Class | PGSLX           |

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**_____________________________**

**SCHEDULE 14A**

**Proxy Statement Pursuant to Section 14(a) of** 

**The Securities Exchange Act of 1934** 

**(Amendment No.)**

_____________________________

Filed by the Registrant [X]

Filed by a Party other than the Registrant [ ]

Check the appropriate box:

[X]&nbsp;&nbsp;&nbsp;&nbsp;Preliminary Proxy Statement

[ ]&nbsp;&nbsp;&nbsp;&nbsp;**Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))**

[ ]&nbsp;&nbsp;&nbsp;&nbsp;Definitive Proxy Statement

[ ]&nbsp;&nbsp;&nbsp;&nbsp;Definitive Additional Materials

[ ]&nbsp;&nbsp;&nbsp;&nbsp;Soliciting Material Pursuant to Section 240.14a-12

**PRINCIPAL FUNDS, INC.**

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check all the boxes that apply):

[X]&nbsp;&nbsp;&nbsp;&nbsp;No fee required.

[ ]&nbsp;&nbsp;&nbsp;&nbsp;Fee paid previously with preliminary materials.

[ ]&nbsp;&nbsp;&nbsp;&nbsp;Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.

------

---

| | |
|:---|:---|
| Principal Funds, Inc.<br>711 High Street, Des Moines, IA 50392<br>515 247 5111 tel | ![principallogoregcolor.jpg](principallogoregcolor.jpg) |

---

March 6, 2023

Dear Shareholder:

We cordially invite you to attend a joint annual meeting of shareholders (including any adjournments or postponements, the "Meeting") of each series of Principal Funds, Inc. ("PFI"), Principal Variable Contracts Funds, Inc. ("PVC"), Principal Exchange-Traded Funds ("PETF"), and of the Principal Diversified Select Real Asset Fund ("PDSRA"), all investment companies registered under the Investment Company Act of 1940, as amended, and advised by Principal Global Investors, LLC, on **April 26, 2023 at 10:00 a.m. Central Time**, at 801 Grand Avenue, Des Moines, Iowa 50392.

The enclosed proxy materials relate to only PFI and are being sent only to the PFI shareholders that owned shares of any series of PFI (each, a "Fund" and, collectively, the "Funds") as of the close of business on February 27, 2023, the record date for the Meeting (the "Record Date"). PFI shareholders that owned shares of any series of PVC or PETF, or shares of PDSRA, as of the Record Date will separately receive proxy materials for PVC and/or PETF and/or PDSRA. References in these proxy materials to a "Fund" or the "Funds" and the "Board of Directors" are to PFI Fund(s) and the PFI Board of Directors, respectively, unless otherwise indicated.

The purpose of the Meeting for PFI shareholders is to elect the Board of Directors, including four nominees for Independent Director who have not previously been elected by shareholders and two nominees for new Interested Director, and to consider one other proposal, in addition to the transaction of such other business as may properly come before the Meeting.

**Proposal Affecting All Funds.** Shareholders of all Funds are being asked to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Elect thirteen Directors as members of the Board of Directors.

**Proposal Affecting Only Certain Funds**. Shareholders of all Funds, except Global Sustainable Listed Infrastructure Fund, are being asked to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Approve the ability of Principal Global Investors, LLC to enter into and/or materially amend agreements with all sub-advisors, regardless of the degree of affiliation, as described in the proposal, on behalf of the Fund without obtaining shareholder approval *(all Funds except for Global Sustainable Listed Infrastructure Fund).*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enclosed you will find PFI's Notice of Joint Annual Meeting of Shareholders, a Proxy Statement, and the proxy card(s) for shares of each Fund you owned as of the close of business on the Record Date. The Proxy Statement provides background information and describes in detail the proposals to be voted on at the Meeting.

**The PFI Board of Directors has voted in favor of all the proposals and recommends that you vote "For" all the proposals.**

**For your shares to be voted at the Meeting, we urge you to read the Proxy Statement and then vote your shares in one of the following three ways:**

**By Internet**: Follow the instructions located on your proxy card(s). Be sure you have your control number, as printed on your proxy card(s), available when you call.

**By Phone**: The phone number is located on your proxy card(s). Be sure you have your control number, as printed on your proxy card(s), available when you call.

**By Mail**: Vote, sign, and date your proxy card(s) and return in the postage-paid envelope provided in this proxy package, allowing sufficient time for receipt prior to the Meeting.

You may also vote your shares in person at the Meeting. Shareholders may call 1-833-290-2605 to obtain instructions on how to attend the Meeting and vote their shares in person.

------

We appreciate you taking the time to respond to this matter. Your vote is important. If you have questions regarding the Meeting or these proxy materials, please call 1-833-290-2605.

---

| |
|:---|
| Sincerely, |
| ![image1a28a.jpg](image1a28a.jpg) |
| Kamal Bhatia |
| President and Chief Executive Officer |

---

------

**PRINCIPAL FUNDS, INC.**

711 High Street

Des Moines, Iowa 50392

**NOTICE OF JOINT ANNUAL MEETING OF SHAREHOLDERS**

---

| | | |
|:---|:---|:---|
| Blue Chip | LargeCap Value III | Principal LifeTime Hybrid 2020 |
| Bond Market Index | MidCap | Principal LifeTime Hybrid 2025 |
| California Municipal | MidCap Growth | Principal LifeTime Hybrid 2030 |
| Capital Securities | MidCap Growth III | Principal LifeTime Hybrid 2035 |
| Core Fixed Income | MidCap S&P 400 Index | Principal LifeTime Hybrid 2040 |
| Core Plus Bond | MidCap Value I | Principal LifeTime Hybrid 2045 |
| Diversified Income <br>(formerly, Global Diversified Income) | Money Market | Principal LifeTime Hybrid 2050 |
| Diversified International | Opportunistic Municipal | Principal LifeTime Hybrid 2055 |
| Diversified Real Asset | Origin Emerging Markets | Principal LifeTime Hybrid 2060 |
| Edge MidCap | Overseas | Principal LifeTime Hybrid 2065 |
| Equity Income | Principal Capital Appreciation | Real Estate Securities |
| Finisterre Emerging Markets Total Return Bond | Principal LifeTime Strategic Income | SAM Balanced\* |
| Global Emerging Markets <br>(formerly, International Emerging Markets) | Principal LifeTime 2010 | SAM Conservative Balanced\* |
| Global Multi-Strategy | Principal LifeTime 2015 | SAM Conservative Growth\* |
| Global Real Estate Securities | Principal LifeTime 2020 | SAM Flexible Income\* |
| Global Sustainable Listed Infrastructure | Principal LifeTime 2025 | SAM Strategic Growth\* |
| Government & High Quality Bond | Principal LifeTime 2030 | Short-Term Income |
| Government Money Market | Principal LifeTime 2035 | SmallCap |
| High Income | Principal LifeTime 2040 | SmallCap Growth I |
| High Yield | Principal LifeTime 2045 | SmallCap S&P 600 Index |
| Inflation Protection | Principal LifeTime 2050 | SmallCap Value II |
| International I | Principal LifeTime 2055 | Small-MidCap Dividend Income |
| International Equity Index | Principal LifeTime 2060 | Small-MidCap Growth |
| International Small Company | Principal LifeTime 2065 | Spectrum Preferred and Capital Securities Income |
| LargeCap Growth I | Principal LifeTime Hybrid Income | Tax-Exempt Bond |
| LargeCap S&P 500 Index | Principal LifeTime Hybrid 2015 |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;\* Strategic Asset Management (SAM) Portfolio.

To the Shareholders:

A joint annual meeting of shareholders of each series of Principal Funds, Inc. ("PFI"), Principal Variable Contracts Funds, Inc., and Principal Exchange-Traded Funds, and of the Principal Diversified Select Real Asset Fund, will be held at 801 Grand Avenue, Des Moines, Iowa 50392 on **April 26, 2023 at 10:00 a.m. Central Time** (including any adjournments or postponements, the "Meeting"). For PFI, the Meeting is being held to consider and vote on the following matters, as well as any other business that may properly come before the Meeting:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.Election of the Board of Directors. (*Shareholders of all Funds*).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.Approve the ability of Principal Global Investors, LLC to enter into and/or materially amend agreements with all sub-advisors, regardless of the degree of affiliation, as described in the proposal, on behalf of the Fund without obtaining shareholder approval. (*Shareholders of all Funds, except Global Sustainable Listed Infrastructure Fund).*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A Proxy Statement providing information about the above proposals to be voted on at the Meeting is included with this Notice.

Each shareholder of record as of the close of business on February 27, 2023, the record date for the Meeting, is entitled to notice of and to vote at the Meeting. Shareholders may vote their shares, change their vote, and revoke their proxy at any time before it is voted at the Meeting by following the procedures outlined in the accompanying Proxy Statement.

------

**The PFI Board of Directors has voted in favor of all the proposals and recommends that you vote "For" all the proposals.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Your vote is important. No matter how many shares you own, please vote. If you own shares in more than one Fund, you may receive a separate proxy card for each Fund, and you need to return all of the proxy cards (or follow the instructions to vote by telephone or by Internet) To save your Fund(s) from incurring the cost of additional solicitations, please review the materials and vote today.

---

| |
|:---|
| For the Board of Directors |
| ![wilsonbetha.jpg](wilsonbetha.jpg) |
| Beth C. Wilson |
| Vice President and Secretary |
| Dated: March 6, 2023 |

---

**Important Notice Regarding Availability of Proxy Materials for the Joint Annual Meeting of Shareholders to be Held on April 26, 2023.**

**The Notice of Joint Annual Meeting of Shareholders, Proxy Statement, and Form of Proxy Card are available on the Internet at <u>https://proxyvotinginfo.com/p/principal2023</u>.**

------

**TABLE OF CONTENTS**

---

| | | |
|:---|:---|:---|
| | | **<u>Page</u>** |
| **Introduction** | **Introduction** | <u>[3](#i2a6d9653450b449bb261286048f067d3_16)</u> |
| **Voting Information** | **Voting Information** | <u>[4](#i2a6d9653450b449bb261286048f067d3_19)</u> |
| **Proposal 1** | Election of the Board of Directors. | <u>[6](#i2a6d9653450b449bb261286048f067d3_22)</u> |
| **Proposal 2** | Approve the ability of Principal Global Investors, LLC to enter into and/or materially amend agreements with all sub-advisors, regardless of the degree of affiliation, as defined in the proposal, on behalf of the Fund without obtaining shareholder approval | <u>[19](#i2a6d9653450b449bb261286048f067d3_857)</u> |
| **Independent Registered Public Accounting Firm** | **Independent Registered Public Accounting Firm** | <u>[23](#i2a6d9653450b449bb261286048f067d3_52)</u> |
| **Other Matters** | **Other Matters** | <u>[27](#i2a6d9653450b449bb261286048f067d3_55)</u> |
| **Appendix A** | Outstanding Shares and Share Ownership | <u>A-[1](#i2a6d9653450b449bb261286048f067d3_58)</u> |
| **Appendix B** | Audit Committee Charter | <u>B-[1](#i2a6d9653450b449bb261286048f067d3_79)</u> |

---

------

**PRINCIPAL FUNDS, INC.**

711 High Street

Des Moines, Iowa 50392

**PROXY STATEMENT**

**JOINT ANNUAL MEETING OF SHAREHOLDERS**

**TO BE HELD APRIL 26, 2023** 

_________________

**INTRODUCTION**

Each series of Principal Funds, Inc. ("PFI"), Principal Variable Contracts Funds, Inc. ("PVC"), Principal Exchange-Traded Funds ("PETF"), and Principal Diversified Select Real Asset Fund ("PDSRA"), will hold a joint annual meeting of shareholders on **April 26, 2023 at 10:00 a.m. Central Time**, at 801 Grand Avenue, Des Moines, Iowa 50392 (including any adjournments or postponements, the "Meeting"). This Proxy Statement and the accompanying form of proxy card(s) relate to PFI only and are being sent to PFI shareholders on or about March 13, 2023. Separate proxy materials for each of PVC, PETF, and PDSRA are being sent to PVC, PETF, and PDSRA shareholders, respectively.

PFI is a Maryland corporation and an open-end management investment company registered with the Securities and Exchange Commission ("SEC") under the Investment Company Act of 1940, as amended (the "1940 Act"). PFI currently offers the following 77 separate series (each, a "Fund" and, collectively, the "Funds"):

---

| | | |
|:---|:---|:---|
| Blue Chip\* | LargeCap Value III | Principal LifeTime Hybrid 2020 |
| Bond Market Index\* | MidCap | Principal LifeTime Hybrid 2025 |
| California Municipal | MidCap Growth | Principal LifeTime Hybrid 2030 |
| Capital Securities\* | MidCap Growth III | Principal LifeTime Hybrid 2035 |
| Core Fixed Income | MidCap S&P 400 Index | Principal LifeTime Hybrid 2040 |
| Core Plus Bond | MidCap Value I | Principal LifeTime Hybrid 2045 |
| Diversified Income <br>(formerly, Global Diversified Income) | Money Market | Principal LifeTime Hybrid 2050 |
| Diversified International | Opportunistic Municipal\* | Principal LifeTime Hybrid 2055 |
| Diversified Real Asset\* | Origin Emerging Markets\* | Principal LifeTime Hybrid 2060 |
| Edge MidCap\* | Overseas | Principal LifeTime Hybrid 2065 |
| Equity Income | Principal Capital Appreciation | Real Estate Securities |
| Finisterre Emerging Markets Total Return Bond | Principal LifeTime Strategic Income | SAM Balanced\*\* |
| Global Emerging Markets <br>(formerly, International Emerging Markets) | Principal LifeTime 2010 | SAM Conservative Balanced\*\* |
| Global Multi-Strategy\* | Principal LifeTime 2015 | SAM Conservative Growth\*\* |
| Global Real Estate Securities | Principal LifeTime 2020 | SAM Flexible Income\*\* |
| Global Sustainable Listed Infrastructure\* | Principal LifeTime 2025 | SAM Strategic Growth\*\* |
| Government & High Quality Bond | Principal LifeTime 2030 | Short-Term Income |
| Government Money Market | Principal LifeTime 2035 | SmallCap |
| High Income | Principal LifeTime 2040 | SmallCap Growth I |
| High Yield | Principal LifeTime 2045 | SmallCap S&P 600 Index |
| Inflation Protection | Principal LifeTime 2050 | SmallCap Value II |
| International I | Principal LifeTime 2055 | Small-MidCap Dividend Income\* |
| International Equity Index\* | Principal LifeTime 2060 | Small-MidCap Growth\* |
| International Small Company\* | Principal LifeTime 2065 | Spectrum Preferred and Capital Securities Income\* |
| LargeCap Growth I | Principal LifeTime Hybrid Income | Tax-Exempt Bond |
| LargeCap S&P 500 Index | Principal LifeTime Hybrid 2015 |  |

---

\*&nbsp;&nbsp;&nbsp;&nbsp; These Funds have a fiscal year end of August 31. For all other Funds, the fiscal year end is October 31.

\*\* &nbsp;&nbsp;&nbsp;&nbsp;Strategic Asset Management (SAM) Portfolio.

------

Principal Global Investors, LLC ("PGI") is the investment advisor and fund administrator to each Fund. Principal Funds Distributor, Inc. ("PFD") is the distributor for all share classes of each Fund. PGI and PFD are indirect, wholly owned subsidiaries of Principal Financial Group, Inc. ("PFG"). The address of PFD and PGI is in care of the Principal Financial Group, 711 High Street, Des Moines, Iowa 50392.

**PFI will furnish, without charge, copies of its most recent annual and semi-annual shareholder reports to any shareholder upon request. To obtain a copy of a report, please contact PFI by calling the Shareholder Services Department toll free at 1-800-222-5852 or by writing to PFI at P.O. Box 219971, Kansas City, MO 64121-9971. Copies of each Fund's most recent annual and semi-annual shareholder reports can also be obtained at www.PrincipalAM.com/Prospectuses.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Summary of Proposals**. The Meeting is being held to consider several proposals. The proposals to be voted upon, and the Funds to which each proposal applies, are set forth below.

---

| | | |
|:---|:---|:---|
| | Proposal | Applicable Funds |
| Proposal 1 | Election of the Board of Directors. | Shareholders of all Funds |
| Proposal 2 | Approve the ability of Principal Global Investors, LLC to enter into and/or materially amend agreements with all sub-advisors, regardless of the degree of affiliation, as described in the proposal, on behalf of the Fund without obtaining shareholder approval. | Shareholders of all Funds, except Global Sustainable Listed Infrastructure Fund |

---

**VOTING INFORMATION**

**Voting Procedures.** This Proxy Statement is furnished in connection with the solicitation of proxies by the Board of Directors (the "Board") of PFI. Please vote your shares by returning the enclosed proxy card(s) in the enclosed postage-paid envelope or by following the instructions on the proxy card(s) for voting by telephone or Internet. Shareholders who wish to attend the Meeting in person may call 1-833-290-2605 to obtain instructions on how to attend the Meeting and vote their shares in person.

If you properly complete and return the enclosed proxy card(s) (or if you give your proxy by telephone or Internet), the persons named on the card(s) as proxies will vote your shares as you indicate on the card(s) (or as you instruct by telephone or Internet) or "For" approval of each proposal if you do not give an indication. You may change your vote and revoke your proxy at any time before it is voted at the Meeting in any of the following ways:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) by sending a written notice of revocation to the Meeting Secretary of Principal Funds, Inc., in care of the Principal Financial Group, 711 High Street, Des Moines, Iowa 50392;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) by submitting another properly signed proxy card at a later date to the Meeting Secretary of Principal Funds, Inc., in care of the Principal Financial Group, 711 High Street, Des Moines, Iowa 50392;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) by submitting another proxy by telephone or Internet at a later date; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) being present and voting in person at the Meeting after giving oral notice of the revocation to the Chair of the Meeting.

**Voting Rights.** Only shareholders of record as of the close of business on February 27, 2023 (the "Record Date") are entitled to notice of and to vote at the Meeting. The shareholders of all Funds and all share classes will vote together on Proposal 1 regarding the election of Directors. The shareholders of each Fund, except Global Sustainable Listed Infrastructure Fund (which is not voting on Proposal 2), will vote together as a single class and not by separate classes on Proposal 2. You are entitled to one vote on each proposal submitted to the shareholders of a Fund for each share of that Fund you hold, and fractional votes for fractional shares held.

The affirmative vote of a plurality of the shares voted at the Meeting is required for the election of each Director under Proposal 1. This means that those nominees for Director receiving the highest number of votes cast at the Meeting will be elected. The nominees are running unopposed, so each nominee is expected to be elected as a Director because all nominees who receive votes in favor will be elected. Proposal 2 requires for approval the affirmative vote of a "majority of the outstanding voting securities," which is defined in the 1940 Act to mean, with respect to a Fund, the affirmative vote of the lesser of (1) 67% or more of the voting securities of the Fund present in person or by proxy at the meeting of that Fund, if the holders of more than 50% of the outstanding voting securities of the Fund are present in person or by proxy, or (2) more than 50% of the outstanding voting

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securities of the Fund (such lesser amount being a "Majority of the Outstanding Voting Securities"). Under this definition, Proposal 2 could be approved by as little as approximately one-third of the outstanding voting securities of the Funds to which Proposal 2 applies.

The number of votes eligible to be cast at the Meeting with respect to each Fund as of the Record Date and other share ownership information are set forth in <u>Appendix A</u> to this Proxy Statement.

**Quorum Requirements; Abstentions and Broker Non-Votes.** A quorum must be present at the Meeting for the transaction of business by any Fund. For Proposal 1, the presence in person or by proxy of one-third of the shares of PFI outstanding as of the close of business on the Record Date constitutes a quorum. For Proposal 2, the presence in person or by proxy of one-third of the shares of each Fund (except Global Sustainable Listed Infrastructure Fund, the shareholders of which are not voting on Proposal 2) outstanding as of the close of business on the Record Date constitutes a quorum for a meeting of that Fund.

Abstentions, if any, will be considered present for purposes of determining the existence of a quorum but will be disregarded in determining the votes cast on a proposal. As a result, with respect to (i) Proposal 1 requiring the affirmative vote of a plurality of shares cast at the Meeting, abstentions will have no effect on the outcome of such proposal, and (ii) Proposal 2 requiring the affirmative vote of a Majority of the Outstanding Voting Securities, as defined above, abstentions will have the effect of a vote against such proposals.

Broker non-votes, if any, will also be considered present for purposes of determining the existence of a quorum. The Funds understand that, under the rules of the New York Stock Exchange, brokers and nominees may, for certain "routine" matters, grant certain discretionary authority to the proxies identified on the proxy card to vote without instructions from their customers if no instructions have been received prior to the date specified in the broker's or nominee's requests for voting instructions. A broker non-vote occurs when a broker or nominee indicates it has not received voting instructions from a shareholder and is barred from voting the shares without such shareholder instructions because the proposal is considered non-routine under the rules of the New York Stock Exchange. Proposal 2 may be considered non-routine, so your broker or nominee likely will not be permitted to vote your shares if it has not received instructions from you, resulting in broker non-votes. A broker non-vote on Proposal 2 will have the same effect as a vote against such proposal. Proposal 1 is considered routine under the rules of the New York Stock Exchange, so if you do not give your broker or nominee voting instructions on this proposal, your broker or nominee may vote your shares in its discretion, resulting in no broker non-votes. However, if your broker or nominee does not exercise such discretion and a broker non-vote results, such broker non-vote will have no effect on the outcome of Proposal 1.

If the necessary quorum to transact business or the vote required to approve a proposal is not obtained at the Meeting, the persons named as proxies or any shareholder present at the Meeting may propose one or more adjournments of the Meeting as to one or more proposals in accordance with applicable law to permit further solicitation of proxies. Any such adjournment as to a proposal or any other matter with respect to a Fund will require the affirmative vote of the holders of a majority of the shares of the Fund present in person or by proxy at the Meeting. The persons named as proxies and any shareholder present at the Meeting will vote for or against any adjournment in their discretion.

**Solicitation Procedures.** PFI intends to solicit proxies by mail. Officers or employees of PFI, PGI, or their affiliates may make additional solicitations by telephone, Internet, or personal contact. They will not be specially compensated for these services. Brokerage houses, banks, and other fiduciaries may be requested to forward soliciting materials to their customers and to obtain authorization for the execution of proxies. For those services, PFI will reimburse them for their out-of-pocket expenses. PFI has retained the services of a professional proxy soliciting firm, DiCosta Partners, to assist in soliciting proxies and provide other services in connection therewith and estimates that the aggregate cost of such services will be approximately $8,067,000.

**Expenses of the Meeting.** The Funds will pay the expenses of the Meeting, including those associated with the preparation and distribution of proxy materials and the solicitation of proxies. The expenses will be allocated to the Fund(s) generating the expense, based on the number of shareholder accounts.

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**PROPOSAL 1**

**ELECTION OF THE BOARD OF DIRECTORS**

(Shareholders of all Funds)

Each nominee has agreed to be named in this Proxy Statement and to serve if elected. The Board has no reason to believe that any of the nominees will become unavailable for election as a Director. However, if that should occur before the Meeting, your proxy will be voted for the individual(s) recommended by the Board to fill each resulting vacancy.

The following table presents certain information regarding PFI's Directors and the new nominees, including their principal occupations (which, unless specific dates are shown, are of more than five years duration) and other directorships held in reporting companies under the Securities Exchange Act of 1934 or registered investment companies under the 1940 Act. Mr. Dunbar is not standing for re-election at the Meeting because he is retiring from the Board effective at the end of the Meeting. Information is listed separately for those Directors and nominees who are "interested persons" (as defined in the 1940 Act) of PFI (the "Interested Directors") and those Directors and nominees who are not interested persons of PFI (the "Independent Directors"). Four of the nominees for Independent Director, Mr. Hymes, Mr. Lattimer, Ms. Dryer, and Ms. Grieb, have not previously been elected Directors by PFI's shareholders. The Board's Nominating and Governance Committee, composed of four of PFI's Independent Directors, selected and nominated Mr. Hymes, Mr. Lattimer, Ms. Dryer, and Ms. Grieb as candidates for Director upon the recommendations of one or more of the Directors or with the assistance of a professional search firm. The two new nominees for Interested Director, Mr. Bhatia and Mr. McCullum, have not previously served as Directors, and both were selected and nominated as candidates for Director upon the recommendations of PGI, PFI's investment advisor.

All individuals who are current PFI Directors also serve as Directors of PVC, another mutual fund advised by PGI; as trustees of PETF, an exchange-traded fund advised by PGI; and as trustees of PDSRA, an interval fund advised by PGI. All individuals who are nominees as PFI Directors are also currently standing as nominees for election as directors or trustees, as applicable, of PVC, PETF, and PDSRA and, if elected by those respective shareholders, will serve as directors or trustees, as applicable, of PVC, PETF, and PDSRA. If the same individuals are not elected by the shareholders of each of PFI, PVC, PETF, and PDSRA, the compositions of those boards will differ. PFI, PVC, PETF, and PDSRA (collectively, the "Fund Complex") currently offer shares of a combined total of 130 funds.

Each Director generally will serve until the next annual meeting of shareholders or until such Director's earlier death, resignation, or removal. Independent Directors have a 72-year age limit and, for Independent Directors elected on or after September 14, 2021, a 72-year age limit or a 15-year term limit, whichever occurs first. The Board may waive the age or term limits in the Board's discretion. Pursuant to this policy, Messrs. Barnes and Hirsch are expected to retire in December 2023.

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| | | | | |
|:---|:---|:---|:---|:---|
| **INDEPENDENT BOARD MEMBERS and NOMINEES** | **INDEPENDENT BOARD MEMBERS and NOMINEES** | **INDEPENDENT BOARD MEMBERS and NOMINEES** | **INDEPENDENT BOARD MEMBERS and NOMINEES** | **INDEPENDENT BOARD MEMBERS and NOMINEES** |
| **Name, Address,<br>and Year of Birth** | **Board Positions Held with <br>Fund Complex** | **Principal Occupation(s)<br>During Past 5 Years** | **Number of Portfolios Overseen in Fund Complex** | **Other Directorships<br>Held During <br>Past 5 Years** |
| Leroy T. Barnes, Jr.<br>711 High Street<br>Des Moines, IA 50392<br>1951 | Director, PFI and PVC (since 2012) Trustee, PETF (since 2014) <br>Trustee, PDSRA (since 2019) | Retired | 130 | McClatchy Newspapers, Inc. (2000 - 2020); Frontier Communications, Inc.(2005 - 2019) |
| Craig Damos<br>711 High Street<br>Des Moines, IA 50392<br>1954 | Lead Independent Board Member<br>(since 2020)<br>Director, PFI and PVC (since 2008) Trustee, PETF (since 2014) <br>Trustee, PDSRA (since 2019) | President, C.P. Damos Consulting LLC (consulting services) | 130 |  |
| Katharin S. Dyer<br>711 High Street<br>Des Moines, IA 50392<br>1957 | Director, PFI and PVC (since 2023) Trustee, PETF and PDSRA (since 2023 | Founder and Chief Executive Officer, Pivotwise (consulting services)<br>Global Partner, IBM (technology company) from 2016-2018 | 130 | Liquidity Services, Inc. (2020 - present) |
| Frances P. Grieb<br>711 High Street<br>Des Moines, IA 50392<br>1960 | Director, PFI and PVC (since 2023) Trustee, PETF and PDSRA (since 2023 | Retired | 130 | First Interstate BancSystems, Inc. (2022 - present)<br>Great Western Bancorp, Inc. and Great Western Bank (2014 - 2022) |
| Fritz S. Hirsch<br>711 High Street<br>Des Moines, IA 50392<br>1951 | Director, PFI and PVC (since 2005) Trustee, PETF (since 2014) <br>Trustee, PDSRA (since 2019) | Interim CEO, MAM USA (manufacturer of infant and juvenile products) February 2020 to October 2020, | 130 | MAM USA (2011 - present) |
| Victor L. Hymes<br>711 High Street<br>Des Moines, IA 50392<br>1957 | Director, PFI and PVC (since 2020) Trustee, PDSRA and PETF (since 2020)  | Founder, CEO, and Chief Investment Officer, Legato Capital Management, LLC (investment management company) | 130 |  |
| Padelford L. Lattimer<br>711 High Street<br>Des Moines, IA 50392<br>1961 | Director, PFI and PVC (since 2020) Trustee, PDSRA and PETF (since 2020)  | Managing Partner, TBA Management Consulting LLC (management consulting and staffing company) | 130 |  |
| Karen McMillan<br>711 High Street<br>Des Moines, IA 50392<br>1961 | Director, PFI and PVC (since 2014) Trustee, PETF (since 2014) <br>Trustee, PDSRA (since 2019) | Founder/Owner, Tyche Consulting LLC (consulting services)<br>Managing Director, Patomak Global Partners, LLC <br>(financial services consulting) from 2014-2021 | 130 |  |
| Elizabeth A. Nickels<br>711 High Street<br>Des Moines, IA 50392<br>1962 | Director, PFI and PVC (since 2015) Trustee, PETF (since 2015) <br>Trustee, PDSRA (since 2019) | Retired | 130 | SpartanNash (2000 - 2022) |
| Mary M. VanDeWeghe <br>711 High Street<br>Des Moines, IA 50392<br>1959 | Director, PFI and PVC (since 2018) Trustee, PETF (since 2018) <br>Trustee, PDSRA (since 2019) | CEO and President, Forte Consulting, Inc. (financial and management consulting) | 130 | Helmerich & Payne (2019 - present); <br> Denbury Resources Inc. (2019 - 2020) |

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The following Directors are considered to be Interested Directors because they are affiliated persons of PGI, PFD, or Principal Securities, Inc. ("PSI"), PFI's former principal underwriter.

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| | | | | |
|:---|:---|:---|:---|:---|
| **INTERESTED BOARD MEMBERS and NOMINEES** | **INTERESTED BOARD MEMBERS and NOMINEES** | **INTERESTED BOARD MEMBERS and NOMINEES** | **INTERESTED BOARD MEMBERS and NOMINEES** | **INTERESTED BOARD MEMBERS and NOMINEES** |
| **Name, Address,<br>and Year of Birth** | **Board Positions Held** <br>**with Fund Complex** | **Positions with PGI** <br>**and its affiliates;**<br>**Principal Occupation(s)**<br>**During Past 5 Years\*\*** <br>**(unless noted otherwise)** | **Number of<br>Portfolios<br>Overseen<br>in Fund<br>Complex** | **Other Directorships Held During <br>Past 5 Years** |
| Kamal Bhatia<br>711 High Street<br>Des Moines, IA 50392<br>1972 | President and Chief Executive Officer (since 2019) | <u>PGI</u><br>Director (since 2019)<br>President-Principal Funds (since 2019)<br><u>PFD</u><br>Director (since 2019)<br><u>PFGI, PFSI, and PLIC</u><br>Senior Executive Director and Chief Operating Officer - PAM (since 2022)<br>Senior Executive Director and Chief Operating Officer - PGI (2020-2022)<br>President-Principal Funds (2019-2020)<br><u>Post</u><br>Director (since 2020)<br><u>Principal-REI</u><br>Senior Executive Director and Chief Operating Officer - PGI (since 2022)<br>Director (since 2020)<br><u>PSS</u><br>Executive Vice President (since 2019)<br>Director and Chair (2019-2022)<br><u>Spectrum</u><br>Director (since 2021)<br><u>Origin</u><br>Additional Director (since 2022)<br><u>Oppenheimer Funds</u><br>Senior Vice President (2011-2019) | 130 |  |
| Patrick G. Halter<br>711 High Street<br>Des Moines, IA 50392<br>1959 | Director, PFI and PVC (since 2017) Trustee, PETF (since 2017) <br>Trustee, PDSRA (since 2019) | <u>PGI</u><br>Chair (since 2018)<br>Chief Executive Officer and <br>President (since 2018)<br>Director (since 2003)<br><u>PFGI, PFSI, and PLIC</u><br>President and Chief Executive<br>Officer - PAM (since 2022)<br>President - PGAM (2020-2022)<br><u>Post</u><br>Director (since 2017)<br>Chair (2017-2020)<br><u>Principal-REI</u><br>President - PGAM (since 2022)<br>Director and Chair (since 2004)<br>Chief Executive Officer and<br>President (2018-2021)<br><u>Origin</u><br>Director (2018-2019) | 130 |  |
| Kenneth A. McCullum<br>711 High Street<br>Des Moines, IA 50392<br>1964 |  | <u>PFSI</u><br>Senior Vice President (since 2020)<br>Vice President and Chief Actuary (2015-2020)<br><u>PLIC</u><br>Senior Vice President and Chief Risk Officer (since 2020)<br>Vice President and Chief Actuary (2015-2020) | 130 |  |

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| | |
|:---|:---|
| **<u>\*Abbreviations used</u>:** | |
| Origin Asset Management LLP (Origin) | Principal Global Investors, LLC (PGI) |
| Post Advisory Group, LLC (Post) | Principal Life Insurance Company (PLIC) |
| Principal Asset Management (PAM) | Principal Real Estate Investors, LLC (Principal - REI) |
| Principal Financial Group, Inc. (PFGI) | Principal Securities, Inc. (PSI) |
| Principal Financial Services, Inc. (PFSI) | Principal Shareholder Services, Inc. (PSS) |
| Principal Funds Distributor, Inc. (PFD) | Spectrum Asset Management, Inc. (Spectrum) |
| Principal Global Asset Management (PGAM) | |

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Correspondence intended for the Board or for an individual Director may be sent to the attention of the Board or the individual Director at 711 High Street, Des Moines, Iowa 50392. All communications addressed to the Board or to an individual Director received by PFI are forwarded to the full Board or to the individual Director.

**Officers of PFI**

The following table presents certain information regarding the current officers of PFI, including their principal occupations (which, unless specific dates are shown, are of more than five years duration). Officers serve at the pleasure of the Board. Each PFI officer holds the same position with PVC, PETF, and PDSRA.

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| | | |
|:---|:---|:---|
| **FUND COMPLEX OFFICERS** | **FUND COMPLEX OFFICERS** | **FUND COMPLEX OFFICERS** |
| **Name, Address**<br>**and Year of Birth** | **Position(s) Held**<br>**with Fund Complex** | **Positions with PGI and its Affiliates;**<br>**Principal Occupations During Past 5 Years\*\*** |
| Kamal Bhatia<br>711 High Street<br>Des Moines, IA 50392<br>1972 | President and Chief Executive Officer<br> (since 2019) | <u>PGI</u><br>Director (since 2019)<br>President-Principal Funds (since 2019)<br><u>PFD</u><br>Director (since 2019)<br><u>PFGI, PFSI, and PLIC</u><br>Senior Executive Director and Chief Operating Officer - PAM (since 2022)<br>Senior Executive Director and Chief Operating Officer - PGI<br>(2020-2022)<br>President-Principal Funds (2019-2020)<br><u>Post</u><br>Director (since 2020)<br><u>Principal-REI</u><br>Senior Executive Director and Chief Operating Officer - PGI<br>(since 2022)<br>Director (since 2020)<br><u>PSS</u><br>Executive Vice President (since 2019)<br>Director and Chair (2019-2022)<br><u>Spectrum</u><br>Director (since 2021)<br><u>Origin</u><br>Additional Director (since 2022)<br><u>Oppenheimer Funds</u><br>Senior Vice President (2011-2019) |
| Randy D. Bolin<br>711 High Street<br>Des Moines, IA 50392 <br>1961 | Assistant Tax Counsel (since 2020) | Vice President/Associate General Counsel, PGI (since 2016)<br>Vice President/Associate General Counsel, PFSI (since 2013)<br>Vice President/Associate General Counsel, PLIC (since 2013) |
| Beth Graff<br>711 High Street<br>Des Moines, IA 50392<br>1968 | Vice President and Assistant Controller <br>(since 2021) | Director – Fund Accounting, PLIC (since 2016) |
| Gina L. Graham<br>711 High Street<br>Des Moines, IA 50392<br>1965 | Treasurer (since 2016) | Vice President and Treasurer, PGI (since 2016)<br>Vice President and Treasurer, PFD (since 2016)<br>Vice President and Treasurer, PFSI (since 2016)<br>Vice President and Treasurer, PLIC (since 2016)<br>Vice President and Treasurer, Principal - REI (since 2017)<br>Vice President and Treasurer, PSI (since 2016)<br>Vice President and Treasurer, PSS (since 2016)<br>Vice President and Treasurer, RobustWealth, Inc. (since 2018) |
| Megan Hoffmann<br>711 High Street<br>Des Moines, IA 50392<br>1979 | Vice President and Controller (since 2021) | Director – Accounting, PLIC (since 2020)<br>Assistant Director – Accounting, PLIC (2017-2020) |
| Laura B. Latham <br>711 High Street<br>Des Moines, IA 50392 <br>1986 | Assistant Counsel and Assistant Secretary<br> (since 2018) | Counsel, PGI (since 2018)<br>Counsel, PLIC (since 2018) |
| Diane K. Nelson<br>711 High Street<br>Des Moines, IA 50392<br>1965 | AML Officer (since 2016) | Chief Compliance Officer/AML Officer, PSS (since 2015) |

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| | | |
|:---|:---|:---|
| **FUND COMPLEX OFFICERS** | **FUND COMPLEX OFFICERS** | **FUND COMPLEX OFFICERS** |
| **Name, Address**<br>**and Year of Birth** | **Position(s) Held**<br>**with Fund Complex** | **Positions with PGI and its Affiliates;**<br>**Principal Occupations During Past 5 Years\*\*** |
| Tara Parks<br>711 High Street<br>Des Moines, IA 50392<br>1983 | Vice President and Assistant Controller <br>(since 2021) | Director – Accounting, PLIC (since 2019)<br>Tax Manager – ALPS Fund Services (2011 – 2019) |
| Deanna Y. Pellack<br>711 High Street<br>Des Moines, IA 50392<br>1987 | Assistant Counsel and Assistant Secretary (since 2022) | Counsel, PLIC (since 2022) <br>Vice President, The Northern Trust Company (2019-2022) <br>Second Vice President, The Northern Trust Company (2014-2019) Secretary, Advisers Investment Trust (2021-2022) <br>Assistant Secretary, Advisers Investment Trust (2018-2021) |
| Sara L. Reece<br>711 High Street<br>Des Moines, IA 50392<br>1975 | Vice President and Chief Operating Officer (since 2021)<br>Vice President and Controller (2016-2021) | Managing Director – Global Fund Ops, PLIC (since 2021)<br>Managing Director – Financial Analysis/ Planning, PLIC (2021)<br>Director – Accounting, PLIC (2015-2021) |
| Teri R. Root<br>711 High Street<br>Des Moines, IA 50392<br>1979 | Chief Compliance Officer (since 2018)<br>Interim Chief Compliance Officer (2018)<br>Deputy Chief Compliance Officer<br> (2015-2018) | Chief Compliance Officer - Funds, PGI (since 2018)<br>Vice President, PSS (since 2015) |
| Michael Scholten<br>711 High Street<br>Des Moines, IA 50392<br>1979 | Chief Financial Officer (since 2021) | Chief Operations Officer, PFD (since 2022)<br>Chief Financial Officer, PFD (2016-2022)<br>Assistant Vice President and Actuary, PLIC (since 2021)<br>Chief Financial Officer – Funds/Platforms, PLIC (since 2015)<br>Chief Financial Officer, PSS (since 2015) |
| Adam U. Shaikh <br>711 High Street<br>Des Moines, IA 50392 <br>1972 | Assistant Secretary (since 2022)<br>Assistant Counsel (since 2006) | Assistant General Counsel, PGI (since 2018)<br>Counsel, PLIC (since 2006) |
| John L. Sullivan<br>711 High Street<br>Des Moines, IA 50392<br>1970 | Assistant Counsel and Assistant Secretary<br> (since 2019) | Counsel, PGI (since 2020)<br>Counsel, PLIC (since 2019)<br>Prior thereto, Attorney in Private Practice |
| Dan L. Westholm <br>711 High Street<br>Des Moines, IA 50392 <br>1966 | Assistant Treasurer (since 2006) | Assistant Vice President-Treasury, PGI (since 2013)<br>Assistant Vice President-Treasury, PFD (since 2013)<br>Assistant Vice President-Treasury, PLIC (since 2014)<br>Assistant Vice President-Treasury, PSI (since 2013)<br>Assistant Vice President-Treasury, PSS (since 2013) |
| Beth C. Wilson <br>711 High Street<br>Des Moines, IA 50392 <br>1956 | Vice President and Secretary (since 2007) | Director and Secretary-Funds, PLIC (since 2007) |

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| | | |
|:---|:---|:---|
| **FUND COMPLEX OFFICERS** | **FUND COMPLEX OFFICERS** | **FUND COMPLEX OFFICERS** |
| **Name, Address**<br>**and Year of Birth** | **Position(s) Held**<br>**with Fund Complex** | **Positions with PGI and its Affiliates;**<br>**Principal Occupations During Past 5 Years\*\*** |
| Clint L. Woods<br>711 High Street<br>Des Moines, IA 50392<br>1961 | Counsel, Vice President, and <br> Assistant Secretary (since 2018) <br>Of Counsel (2015-2018) | <u>PGI</u><br>Vice President, Associate General Counsel, and Assistant Secretary<br>(since 2021)<br>Vice President, Associate General Counsel, and Secretary (2020-2021)<br>Vice President, Associate General Counsel, Governance Officer, and<br>Assistant Corporate Secretary (2018-2020)<br><u>PFD</u><br>Vice President, Associate General Counsel, and Secretary (since 2021)<br>Vice President, Associate General Counsel, and<br>Assistant Corporate Secretary (2019-2021)<br><u>PFSI</u><br>Vice President, Associate Counsel, Governance Officer, and<br>Assistant Corporate Secretary (since 2015)<br><u>PLIC</u><br>Vice President, Associate General Counsel, Governance Officer, and<br>Assistant Corporate Secretary (since 2015)<br><u>Post</u><br>Assistant Secretary (since 2021)<br>Secretary (2020-2021)<br><u>Principal-REI</u><br>Vice President, Associate General Counsel, Governance Officer,<br>and Secretary (since 2020)<br>Vice President, Associate Counsel, Governance Officer, and<br>Assistant Corporate Secretary (2020)<br><u>PSI</u><br>Vice President, Associate General Counsel, and Secretary (2021-2022)<br>Vice President, Associate General Counsel, and Assistant Corporate<br>Secretary (2019-2021)<br><u>PSS</u><br>Vice President, Associate General Counsel, and Secretary (since 2021)<br>Vice President, Associate General Counsel, and Assistant Corporate<br>Secretary (2019-2021)<br><u>RobustWealth, Inc.</u><br>Vice President, Associate General Counsel, and Assistant Corporate<br>Secretary (since 2019)<br><u>Spectrum</u><br>Assistant Secretary (since 2021)<br>Secretary (2020-2021) |
| Jared A. Yepsen<br>711 High Street<br>Des Moines, IA 50392<br>1981 | Assistant Tax Counsel (since 2017) | Counsel, PGI (2017-2019)<br>Counsel, PLIC (since 2015) |

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| | |
|:---|:---|
| **<u>\*Abbreviations used</u>:** | |
| Origin Asset Management LLP (Origin) | Principal Global Investors, LLC (PGI) |
| Post Advisory Group, LLC (Post) | Principal Life Insurance Company (PLIC) |
| Principal Asset Management (PAM) | Principal Real Estate Investors, LLC (Principal - REI) |
| Principal Financial Group, Inc. (PFGI) | Principal Securities, Inc. (PSI) |
| Principal Financial Services, Inc. (PFSI) | Principal Shareholder Services, Inc. (PSS) |
| Principal Funds Distributor, Inc. (PFD) | Spectrum Asset Management, Inc. (Spectrum) |
| Principal Global Asset Management (PGAM) | |

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**Leadership Structure of the Board of Directors**

The Board is responsible for overseeing PFI's operations in accordance with the 1940 Act, other applicable laws, and PFI's charter. In addition to serving on the PFI Board, each Director serves on the PVC Board, the PETF Board, and the PDSRA Board. The Board elects the officers of PFI to supervise its day-to-day operations. The Board meets in regularly scheduled meetings eight times throughout the year. Board meetings may occur in-person, by telephone, or virtually. In addition, the Board holds special meetings or informal calls to discuss specific matters that may arise or require action between regularly scheduled meetings. Independent Directors also meet annually to consider renewal of PFI's advisory contracts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Currently, the Chair of the Board, Timothy M. Dunbar is an interested person of PFI. The Independent Directors have appointed a lead Independent Director, currently Mr. Damos, whose role is to review and approve, with the Chair, each Board meeting's agenda and to facilitate communication between and among the Independent Directors, management, and the full Board. The Board's leadership structure is appropriate for the Fund Complex given the characteristics and circumstances, including the number of portfolios, variety of asset classes, the net assets, and distribution arrangements. The appropriateness of this structure is enhanced by the establishment and allocation of responsibilities among the Board committees, which are described below and which report their activities to the Board on a regular basis. Following Mr. Dunbar's retirement at the end of the Meeting, the Board anticipates continuing its current governance structure with an interested Board Chair and a lead Independent Director.

Each Director and Director nominee has significant prior senior management and/or board experience. The Directors were selected to serve, and continue to serve, on the Board based upon their skills, experience, judgment, analytical ability, diligence, ability to work effectively with other Board members, a commitment to the interests of shareholders, and, for each Independent Director, a demonstrated willingness to take an independent and questioning view of management. In addition to these general qualifications, the Board seeks members who will build upon the Board's diversity. Below is a brief discussion of the specific education, experience, qualifications, or skills that led to the conclusion that each person identified below should serve as a Director. As required by rules adopted under the 1940 Act, the Independent Directors select and nominate all candidates for Independent Director positions.

<u>Independent Board Members</u>

**Leroy T. Barnes, Jr.** Mr. Barnes has served as an Independent Board Member of the Fund Complex since 2012. From 2001 to 2005, Mr. Barnes served as Vice President and Treasurer of PG&E Corporation. From 1997 to 2001, Mr. Barnes served as Vice President and Treasurer of Gap, Inc. Through his education, employment experience, and experience as a board member, Mr. Barnes is experienced with financial, accounting, regulatory and investment matters.

**Craig Damos.** Mr. Damos has served as an Independent Board Member of the Fund Complex since 2008. Since 2011, Mr. Damos has served as the President of C.P. Damos Consulting, LLC (doing business as Craig Damos Consulting). He has also served as a director of the employees' stock ownership plan of the Baker Group since 2020. Mr. Damos served as President and Chief Executive Officer of Weitz Company from 2006 to 2010; Vertical Growth Officer of Weitz Company from 2004 to 2006; and Chief Financial Officer of Weitz Company from 2000 to 2004. From 2005 to 2008, Mr. Damos served as a director of West Bank. Through his education, employment experience, and experience as a board member, Mr. Damos is experienced with financial, accounting, regulatory and investment matters.

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**Katharin S. Dyer.** Ms. Dyer has served as an Independent Board Member of the Fund Complex since January 2023. She is the founder and Chief Executive Officer of PivotWise, a firm providing strategic advice focused on digital transformation. Ms. Dyer currently serves as a director of Liquidity Services and the Grameen Foundation. She previously served as a director of Providence Health from 2019 to 2021, Noora Health from 2018 to 2021, YWCA of Nashville and Middle Tennessee from 2016 to 2022, and CARE from 2001 to 2013. She was formerly employed by IBM Global Services as a Global Partner and a member of the senior leadership team from 2016 to 2018. Ms. Dyer was a member of the Global Management Team at American Express Company from 2013 to 2015. Through her education, employment experience, and experience as a board member, Ms. Dyer is experienced with financial, information and digital technology, investment, and regulatory matters.

**Frances P. Grieb.** Ms. Grieb has served as an Independent Board Member of the Fund Complex since January 2023. Ms. Grieb currently serves as a director of First Interstate BancSystem, Inc. and the National Advisory Board of the College of Business at the University of Nebraska at Omaha. She is a member of the American Institute of Certified Public Accountants and the National Association of Corporate Directors. From 2014 to 2022, she served as a director of Great Western Bancorp, Inc. Ms. Grieb is a retired partner having served in various leadership roles at Deloitte LLP from 1982 to 2010. Ms. Grieb is a retired Certified Public Accountant. Through her education, employment experience, and experience as a board member, Ms. Grieb is experienced with financial, accounting, investment, and regulatory matters.

**Fritz S. Hirsch.** Mr. Hirsch has served as an Independent Board Member of the Fund Complex since 2005. From 2011 to 2015, Mr. Hirsch served as CEO of MAM USA. He served as President and Chief Executive Officer of Sassy, Inc. from 1986 to 2009, and Chief Financial Officer of Sassy, Inc. from 1983 to 1985. Through his education, employment experience, and experience as a board member, Mr. Hirsch is experienced with financial, accounting, regulatory and investment matters.

**Victor L. Hymes.** Mr. Hymes has served as an Independent Board Member of the Fund Complex since 2020. He currently serves as Founder, Chief Executive Officer, and Chief Investment Officer of Legato Capital Management, LLC. Over the past thirty years, Mr. Hymes has served in the roles of CEO, COO, CIO, portfolio manager and other senior management positions with investment management firms, including Zurich Scudder Investments, Inc., Goldman, Sachs & Co., and Kidder, Peabody & Co. Mr. Hymes has served on numerous boards, and has chaired four investment committees over the past two decades. Through his education, employment experience and experience as a board member, Mr. Hymes is experienced with financial, accounting, regulatory, and investment matters.

**Padelford L. Lattimer.** Mr. Lattimer has served as an Independent Board Member of the Fund Complex since 2020. He currently serves as Managing Partner for TBA Management Consulting LLC. For more than twenty years, Mr. Lattimer served in various capacities at financial services companies, including as a senior managing director for TIAA Cref Asset Management (2004-2010), First Vice President at Mellon Financial Corporation (2002-2004), and in product management roles at Citibank (2000-2002). Through his education, employment experience and experience as a board member, Mr. Lattimer is experienced with financial, regulatory and investment matters.

**Karen McMillan.** Ms. McMillan has served as an Independent Board Member of the Fund Complex since 2014. Ms. McMillan is the founder and owner of Tyche Consulting LLC. She served as a Managing Director of Patomak Global Partners, LLC from 2014 to 2021. From 2007 to 2014, Ms. McMillan served as general counsel to the Investment Company Institute. Prior to that (from 1999 to 2007), she worked as an attorney in private practice, specializing in the mutual fund industry. From 1991 to 1999, she served in various roles as counsel at the SEC, Division of Investment Management, including as Assistant Chief Counsel. Through her professional education, experience as an attorney, and experience as a board member, Ms. McMillan is experienced in financial, investment, and regulatory matters.

**Elizabeth A. Nickels.** Ms. Nickels has served as an Independent Board Member of the Fund Complex since 2015. From 2000 to 2022, Ms. Nickels served as a director of SpartanNash. From 2008 to 2017, she served as a director of the not-for-profit Spectrum Health System; from 2014 to 2016, she served as a director of Charlotte Russe; from 2014 to 2015, she served as a director of Follet Corporation; and from 2013 to 2015, she served as a director of PetSmart. Ms. Nickels was formerly employed by Herman Miller, Inc. in several capacities: from 2012 to 2014, as the Executive Director of the Herman Miller Foundation; from 2007 to 2012, as President of Herman Miller Healthcare; and from 2000 to 2007, as Chief Financial Officer. Through her education, employment experience, and experience as a board member, Ms. Nickels is experienced with financial, accounting, and regulatory matters.

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**Mary M. VanDeWeghe.** Ms. VanDeWeghe has served as an Independent Board Member of the Fund Complex since 2018. She is CEO and President of Forte Consulting, Inc., and was previously employed as a Finance Professor at Georgetown University from 2009 to 2016, Senior Vice President - Finance at Lockheed Martin Corporation from 2006 to 2009, a Finance Professor at the University of Maryland from 1996 to 2006, and in various positions at J.P. Morgan from 1983 to 1996. Ms. VanDeWeghe currently serves as a director of Helmerich & Payne (2019-present) and previously served as a director of Denbury Resources Inc. from 2019 to 2020, Brown Advisory from 2003 to 2018, B/E Aerospace from 2014 to 2017, WP Carey from 2014 to 2017, and Nalco (and its successor Ecolab) from 2009 to 2014. Through her education, employment experience, and experience as a board member, Ms. VanDeWeghe is experienced with financial, accounting, investment, and regulatory matters.

<u>Interested Board Members</u>

**Kamal Bhatia.** Mr. Bhatia serves as the Chief Operating Officer for Principal<sup>®</sup> Asset Management. He has served as President and Chief Executive Officer of the Fund Complex since 2019. Mr. Bhatia joined Principal® in 2019 and serves as a director of numerous Principal<sup>®</sup> affiliates. From 2011 to 2019 he was a Senior Vice President for Oppenheimer Funds. Mr. Bhatia is a CFA<sup>®</sup> charter holder. Through his education and experience, Mr. Bhatia is experienced with financial, marketing, regulatory, and investment matters.

**Patrick G. Halter.** Mr. Halter has served as a Board Member of the Fund Complex since 2017. Mr. Halter also serves as President for Principal<sup>®</sup> Asset Management and as Chief Executive Officer, President and Chair of PGI, and Chief Executive Officer, President and Chair of Principal Real Estate Investors. He serves on numerous boards of directors of Principal<sup>®</sup> affiliates and has served in various other positions since joining Principal<sup>®</sup> in 1984. Through his education and employment experience, Mr. Halter is experienced with financial, accounting, regulatory, and investment matters.

**Kenneth A. McCullum.** Mr. McCullum has served as Senior Vice President and Chief Risk Officer for Principal<sup>®</sup> since 2020. He served as Vice President and Chief Actuary for Principal<sup>®</sup> from 2015 to 2020. From 2013 to 2015 Mr. McCullum was an Executive Vice President responsible for business development at Delaware Life Insurance Company. He served as a Senior Vice President for the life annuity business at Sun Life from 2010 to 2013. Mr. McCullum is a Fellow of the Society of Actuaries, and is a Member of the American Academy of Actuaries. Through his education and experience, Mr. McCullum is experienced with financial, accounting, regulatory, and investment matters.

Risk oversight forms part of the Board's general oversight of the Fund Complex. The Board has appointed a Chief Compliance Officer who oversees the implementation and testing of the Funds' compliance program and reports to the Board regarding compliance matters for the Funds and principal service providers. As part of its regular oversight functions, the Board, directly or through a committee, interacts with and reviews reports from, among others: Fund Complex management, sub-advisors, the Chief Compliance Officer, the independent registered public accounting firm, and internal auditors for PGI or its affiliates, as appropriate. The Board, with the assistance of management and PGI, reviews investment policies and risks in connection with its review of Fund Complex performance. In addition, as part of the Board's periodic review of advisory, sub-advisory, and other service provider agreements, the Board may consider risk management aspects of their operations and the functions for which they are responsible. With respect to valuation, the Board has designated PGI as the Funds' valuation designee, as permitted by SEC Rule 2a-5, where PGI is responsible for the day-to-day valuation and oversight responsibilities of the Funds, subject to the Board's oversight. PGI has established a Valuation Committee to fulfill its oversight responsibilities as the Funds' valuation designee.

The Board has established the following committees and the membership of each committee to assist in its oversight functions, including its oversight of the risks PFI faces.

**Board Committees**

**Audit Committee** 

The Audit Committee's primary purpose is to assist the Board in fulfilling certain of its responsibilities. The Audit Committee serves as an independent and objective party to monitor the Fund Complex's accounting policies, valuation policies and procedures, financial reporting, and internal control systems, as well as the work of the independent registered public accounting firm. The Audit Committee assists Board oversight of (1) the integrity of the Fund Complex's financial statements; (2) the Fund Complex's compliance with certain legal and regulatory requirements; (3) the independent registered public accounting firm's qualifications and independence; (4) the

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performance of the Fund Complex's independent registered public accounting firm; and (5) the valuation process for the Fund Complex. The Audit Committee also serves to provide an open avenue of communication among the independent registered public accounting firm, PGI's internal auditors, Fund Complex management, and the Board. As of the Record Date, the Audit Committee is composed of Mr. Barnes, Ms. Grieb, Mr. Hymes (Chair), Ms. Nickels, and Ms. VanDeWeghe.

A copy of the Audit Committee Charter is included as <u>Appendix B</u> to this Proxy Statement.

**Executive Committee**

The Executive Committee's primary purpose is to exercise certain powers of the Board when the Board is not in session. When the Board is not in session, the Executive Committee may exercise all powers of the Board in the management of the Fund Complex's business except the power to (1) issue stock, except as permitted by law; (2) recommend to the shareholders any action that requires shareholder approval; (3) amend the charter or bylaws; or (4) approve any merger or share exchange that does not require shareholder approval. As of the Record Date, the Executive Committee is composed of Mr. Damos, Mr. Dunbar (Chair), and Mr. Halter.

**Nominating and Governance Committee**

The Nominating and Governance Committee's primary purpose is to oversee the structure and efficiency of the Board and the committees established by the Board. The Nominating and Governance Committee responsibilities include evaluating Board membership and functions, committee membership and functions, insurance coverage, and legal matters.

The nominating functions of the Nominating and Governance Committee include selecting and nominating independent director candidates for election to the Board. Generally, the Nominating and Governance Committee requests director nominee suggestions from the Board and management, but may, and occasionally does, engage a professional recruiting firm to assist it in identifying and evaluating candidates. In addition, the Nominating and Governance Committee will consider director candidates recommended by shareholders of the Fund Complex.

Director recommendations should be submitted in writing to Principal Funds, Inc. at 711 High Street, Des Moines, Iowa 50392. When evaluating a person as a potential nominee to serve as an Independent Director, the Nominating and Governance Committee will generally consider, among other factors: potential term of service; educational background; relevant business and industry experience; whether the person is an "interested person" of the Funds as defined in the 1940 Act; and whether the person is willing to serve, and willing and able to commit the time necessary to attend meetings and perform the duties of an independent director. The final decision regarding a nominee is based on a combination of factors, including the strengths and the experience a specific individual may bring to the Board. The Nominating and Governance Committee believes the Board generally benefits from diversity of background, experience, and views among its members, and considers these factors in evaluating the composition of the Board. As of the Record Date, the Nominating and Governance Committee is composed of Mr. Damos, Mr. Hirsch, Mr. Hymes, and Ms. Nickels (Chair).

**Operations Committee**

The Operations Committee's primary purpose is to oversee the provision of administrative and distribution services to the Fund Complex, communications with Fund Complex shareholders, and review and oversight of Fund Complex operations. As of the Record Date, the Operations Committee is composed of Mr. Damos, Ms. Dyer, Mr. Lattimer (Chair), and Ms. McMillan.

**15(c) Committee**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The 15(c) Committee's primary purpose is to assist the Board in performing the annual review of the Fund Complex's advisory and sub-advisory agreements pursuant to Section 15(c) of the 1940 Act. The 15(c) Committee's responsibilities include requesting and reviewing related materials. As of the Record Date, the 15(c) Committee is composed of Mr. Hirsch, Mr. Lattimer, Ms. McMillan (Chair), and Ms. VanDeWeghe.

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**Board and Committee Meetings**

The Board of Directors held the following Board and Board committee meetings during the 2022 fiscal year:

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| | | |
|:---|:---|:---|
| | **Number of Meetings during 2022 Fiscal Year** | **Number of Meetings during 2022 Fiscal Year** |
| **Board/Committee** | **Fiscal Year 8/31 Funds**<sup>(1)</sup> | **Fiscal Year 10/31 Funds**<sup>(2)</sup> |
| Board of Directors | 8 | 8 |
| Audit Committee | 10 | 10 |
| Executive Committee | 0 | 0 |
| Nominating and Governance Committee | 5 | 6 |
| Operations Committee | 5 | 6 |
| 15(c) Committee | 6 | 6 |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup>The Blue Chip, Bond Market Index, Capital Securities, Diversified Real Asset, Edge MidCap, Global Multi-Strategy, Global Sustainable Listed Infrastructure, International Equity Index, International Small Company, Opportunistic Municipal, Origin Emerging Markets, Small-MidCap Dividend Income, Small-MidCap Growth and Spectrum Preferred and Capital Securities Income have a fiscal year ending on August 31.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>(2)</sup>All the other PFI Funds have a fiscal year ending on October 31.

For the 2022 fiscal year, each then-serving Director attended at least 75% of the aggregate number of meetings of the Board and of each Board committee on which the Director served, held during the time the Director was a member of the Board.

None of the Funds currently have a formal policy regarding Board members' attendance at shareholders' meetings. None of the Funds held, or were required to hold, a shareholders' meeting at which Board members were elected during its last fiscal year.

**Compensation**

The Fund Complex does not pay any remuneration to its officers or to any Interested Directors. The Board annually considers a proposal to reimburse PGI for certain expenses, including a portion of the Chief Compliance Officer's compensation. If the proposal is adopted, these amounts are allocated across all Funds based on relative net assets of each portfolio.

Each Independent Director received compensation for service as a member of the Boards of all investment companies in the Fund Complex based on a schedule that takes into account an annual retainer amount, the number of meetings attended, and expenses incurred. Director compensation and related expenses are allocated to each of the Funds based on the net assets of each relative to combined net assets of the Fund Complex.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table provides information regarding the compensation received by the Independent Directors from PFI during the 2022 fiscal year. Information is provided separately for the Funds having fiscal years ended August 31, 2022 and October 31, 2022. The table also provides information regarding the compensation received by the Independent Directors from the Fund Complex during the fiscal years ended August 31, 2022 and October 31, 2022. As stated above, the Fund Complex includes PFI, PVC, PETF, and PDSRA. PFI does not provide retirement benefits to any Director.

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| | | | | |
|:---|:---|:---|:---|:---|
| | **PFI Funds** | **PFI Funds** | **Fund Complex** | **Fund Complex** |
| **Director** | **FY Ended <br>8/31/22** | **FY Ended 10/31/22** | **FY Ended <br>8/31/22** | **FY Ended 10/31/22** |
| Leroy T. Barnes, Jr. | $44379 | $234792 | $308000 | $310000 |
| Craig Damos | $52208 | $282712 | $362500 | $373250 |
| Fritz S. Hirsch | $47370 | $251441 | $328750 | $332000 |
| Victor L. Hymes | $46699 | $253719 | $324250 | $335000 |
| Padelford L. Lattimer | $45024 | $240084 | $312500 | $317000 |
| Karen McMillian | $46454 | $249576 | $322500 | $329500 |
| Elizabeth A. Nickels | $48154 | $257504 | $334250 | $340000 |
| Mary M. VanDeWeghe | $45454 | $242363 | $315500 | $320000 |

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Ms. Dyer and Ms. Grieb were both elected to the Board effective January 26, 2023, and therefore did not receive compensation from the Funds or the Fund Complex for the fiscal years ended August 31, 2022, or October 31, 2022, respectively.

**Share Ownership**

The following tables set forth the dollar range of the equity securities of each Fund, and the aggregate dollar range of the equity securities of all funds in the Fund Complex, that were beneficially owned by the Directors and Director nominees as of December 31, 2022. As of that date, each of the Directors listed in the table did not own shares of Funds that do not appear in the table.

For the purpose of these tables, beneficial ownership means a direct or indirect pecuniary interest. Only Interested Directors are eligible to participate in an employee benefit program that invests in the Fund Complex. Directors who beneficially owned shares of a series of PVC did so through variable life insurance and variable annuity contracts. Please note that exact dollar amounts of securities held are not listed. Rather, ownership is listed based on the following dollar ranges:

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| | |
|:---|:---|
| A - $0 | D - $50,001 up to and including $100,000 |
| B - $1 up to and including $10,000 | E - $100,001 or more |
| C - $10,001 up to and including $50,000 |  |

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**Independent Directors** 

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Independent Board Members <br>(elected prior to December 31, 2022)** | **Independent Board Members <br>(elected prior to December 31, 2022)** | **Independent Board Members <br>(elected prior to December 31, 2022)** | **Independent Board Members <br>(elected prior to December 31, 2022)** | **Independent Board Members <br>(elected prior to December 31, 2022)** | **Independent Board Members <br>(elected prior to December 31, 2022)** | **Independent Board Members <br>(elected prior to December 31, 2022)** | **Independent Board Members <br>(elected prior to December 31, 2022)** | **Independent Board Members <br>(elected prior to December 31, 2022)** |
| **Fund** | **Barnes** | **Damos** | **Hirsch** | **Hymes** | **Lattimer** | **McMillan** | **Nickels** | **VanDeWeghe** |
| Blue Chip | A | E | C | A | B | E | E | E |
| Core Fixed Income | A | A | A | E | A | A | A | A |
| Core Plus Bond | A | E | C | A | B | A | A | A |
| Diversified Real Asset | A | E | C | A | B | A | A | A |
| Diversified Income | E | A | C | E | A | C | B | A |
| Diversified International | A | A | C | D | A | A | A | A |
| Equity Income | A | D | A | A | A | A | A | A |
| Global Emerging Markets | A | A | C | A | A | A | A | A |
| Global Multi-Strategy | A | A | A | A | B | A | A | A |
| Global Real Estate Securities | A | A | C | D | A | A | A | A |
| High Yield | A | A | C | A | B | A | A | A |
| LargeCap S&P 500 Index | A | A | D | A | A | A | A | A |
| MidCap | A | E | A | A | A | A | E | A |
| Principal LifeTime 2030 | A | A | E | A | A | A | A | A |
| Real Estate Securities | A | A | A | C | A | A | A | A |
| SAM Conservative Growth | A | E | A | A | A | A | A | A |
| SmallCap | A | D | A | A | A | A | A | A |
| Spectrum Preferred and Capital Securities Income | A | E | A | A | A | A | A | A |
| **Total Fund Complex** | **E** | **E** | **E** | **E** | **C** | **E** | **E** | **E** |

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Ms. Dyer and Ms. Grieb were both elected to the Board effective January 26, 2023, and did not have ownership in the Funds as of December 31, 2022.

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**Interested Directors**

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| | | | | |
|:---|:---|:---|:---|:---|
| **Interested Board Members** | **Interested Board Members** | **Interested Board Members** | **Interested Board Members** | **Interested Board Members** |
| | **Board Members as of 12/31/2022** | **Board Members as of 12/31/2022** | **Board Nominees** | **Board Nominees** |
| **Fund** | **Dunbar** | **Halter** | **Bhatia** | **McCullum** |
| Equity Income | A | E | A | A |
| Government & High Quality Bond | A | C | A | A |
| LargeCap Growth I | C | E | A | A |
| Money Market | A | B | A | A |
| Principal Capital Appreciation | D | A | A | A |
| **Ownership through participation in an Employee Benefit Plan** | **Dunbar** | **Halter** | **Bhatia** | **McCullum** |
| Diversified International | A | A | E | D |
| Diversified Real Asset | A | A | E | A |
| Equity Income | A | A | A | E |
| Finisterre Emerging Markets Total Return Bond | A | A | E | A |
| Inflation Protection | A | A | A | D |
| LargeCap Growth I | A | A | A | D |
| LargeCap S&P 500 Index | A | E | E | D |
| LargeCap Value III | A | A | E | A |
| MidCap | A | A | A | D |
| Origin Emering Markets | A | A | D | A |
| Principal LifeTime Hybrid 2015 | E | A | A | A |
| Principal LifeTime Hybrid 2020 | D | A | A | A |
| Principal LifeTime Hybrid 2030 | D | A | A | E |
| Short-Term Income | A | A | E | A |
| SmallCap | A | A | C | A |
| **Total Fund Complex** | **E** | **E** | **E** | **E** |

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**Required vote.** The shareholders of all Funds and all share classes will vote together on the election of Directors. The affirmative vote of a plurality of the shares voted at the Meeting at which a quorum is present is required for the election of a Director of PFI. If one or more nominee(s) for Director are not elected, the Board will determine what action, if any, should be taken.

**The Board of Directors recommends that shareholders vote "For" each nominee.**

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**PROPOSAL 2**

**APPROVAL OF THE ABILITY OF PGI TO ENTER INTO AND/OR MATERIALLY AMEND AGREEMENTS** 

**WITH ALL SUB-ADVISORS, REGARDLESS OF DEGREE OF AFFILIATION, ON BEHALF OF THE FUND** 

**WITHOUT OBTAINING SHAREHOLDER APPROVAL**

(Shareholders of all Funds, except Global Sustainable Listed Infrastructure Fund)

**Background** 

Section 15(a) of the 1940 Act generally requires an investment company to obtain shareholder approval before retaining a new sub-advisor or making material changes to an existing sub-advisory agreement. On January 19, 1999, the SEC granted an exemptive order (the "Unaffiliated Order") to the Funds and Principal Management Corporation ("PMC"), the Funds' advisor at the time. PMC merged with and into PGI on May 1, 2017 (subsequent references in this proposal to PGI include where appropriate PMC as its predecessor). PGI is allowed by the terms of the Unaffiliated Order to rely on that order as PMC's successor. The Unaffiliated Order allows PFI and PGI to enter into and materially amend agreements with unaffiliated sub-advisors without requiring shareholder approval. Subsequently, on September 8, 2014, the SEC granted to PFI and PGI an exemptive order that expanded and replaced the Unaffiliated Order by allowing PFI and PGI to enter into and materially amend agreements with wholly owned affiliated sub-advisors (i.e., affiliated sub-advisors that are at least 95% owned, directly or indirectly, by PGI and/or an affiliated person of PGI) (the "Exemptive Order"). However, as a condition to such relief, the shareholders of each PFI Fund must approve such Fund's reliance on the expanded relief.

Shareholders of all the PFI Funds, other than the California Municipal Fund, Opportunistic Municipal Fund, and Tax-Exempt Bond Fund (collectively, the "Municipal Funds"), have approved such Fund's reliance on the Exemptive Order. Although not covered by the Exemptive Order, shareholders of all the PFI Funds, other than the Municipal Funds, have approved PGI's ability, on behalf of the applicable Fund, to enter into, or materially amend, a sub-advisory agreement with a majority-owned affiliated sub-advisor (these shareholder approvals were obtained in anticipation of SEC relief regarding such sub-advisors, which relief was pre-empted by the relief discussed below). In addition, shareholders of the PFI Global Sustainable Listed Infrastructure Fund have approved PGI's ability, on behalf of that Fund and without additional shareholder approval, to enter into, or materially amend, a sub-advisory agreement with a sub-advisor, regardless of the degree of affiliation (i.e., the Relief described below).

PGI and PFI would like to be able to rely on recent SEC relief (as described in more detail below, the "Relief"), that would modify the Exemptive Order and permit PGI to enter into or materially amend a sub-advisory agreement with an "affiliated person" (as such term is defined in Section 2(a)(3) of the 1940 Act) of PGI or a Fund (in addition to unaffiliated persons and wholly owned affiliated sub-advisors under the Exemptive Order) without first obtaining shareholder approval, provided that the shareholders of the Fund had previously authorized PGI to do so and PGI complies with certain conditions. In the absence of the ability to rely on the Relief, in order to enter into, or materially amend, a sub-advisory agreement with an affiliate (other than as allowed for by the Exemptive Order), a Fund must obtain shareholder approval by undertaking the costly and time-consuming effort to conduct a shareholder meeting, including preparing and distributing proxy materials and soliciting votes from shareholders.

**Exemptive Relief**

On May 29, 2019, the SEC issued to Carillon Tower Advisers, Inc., *et al*. an exemptive order (the "Carillon Order") that allows (i) the Carillon Series Trust and its investment adviser, without the approval of fund shareholders, to enter into or amend a sub-advisory agreement with a sub-advisor, including any sub-advisor that is an affiliated person of the investment adviser or a fund (a "Captive Sub-advisor"), and (ii) the series of Carillon Series Trust to disclose the advisory fees paid to sub-advisors on an aggregate, rather than individual, basis.<sup>1</sup> The Carillon Order contains several conditions, some of which are already included in the Exemptive Order.

<sup>1</sup> Investment Company Release Nos. 33464 (May 2, 2019) (notice) and 33494 (order).

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On July 9, 2019, the staff of the SEC's Division of Investment Management issued a no-action letter to the BNY Mellon family of funds and BNY Mellon Investment Adviser, Inc. (the "BNYM No-Action Letter") stating that the staff would not recommend enforcement action if a fund complex and adviser that previously obtained a "manager of managers" exemptive order (such as the Exemptive Order granted to the PFI Funds and PGI) extends its reliance on that existing order to cover Captive Sub-advisors without seeking an amended exemptive order from the SEC. The staff's no-action position is conditioned on compliance with the conditions set forth in the Carillon Order, discussed next.

If reliance on the Relief is approved by Fund shareholders, PGI will be permitted to enter into and amend sub-advisory agreements for the PFI Funds with all affiliated and unaffiliated sub-advisors, including affiliated sub-advisors in which Principal has less than a 95% ownership interest, without shareholder approval. In this event, PGI and the PFI Funds will be subject to several conditions imposed by the SEC to ensure that the interests of the Fund's shareholders are adequately protected. Among these conditions are (i) within ninety (90) days of the hiring of a new sub-advisor in reliance on the Relief, shareholders of the relevant Fund will be furnished with an information statement that contains substantially the same information about the sub-advisor and the sub-advisory agreement that they otherwise would have received in a proxy statement; (ii) the prospectus for the subject Fund will disclose the existence, substance, and effect of reliance on the Relief; and (iii) PGI has the ultimate responsibility, subject to oversight by the Board, to oversee the Fund's sub-advisors and recommend their hiring, termination, and replacement.

**Board Recommendations**

The Board members believe that shareholder approval of the Relief is in the best interest of the PFI Funds and its shareholders in order to afford PGI the flexibility to provide investment advisory services to the PFI Funds through one or more sub-advisors, including Captive Sub-advisors, that have particular expertise in the type of investments in which the Funds invest, without the time-consuming and costly process of requiring shareholder approval.

As described above, without the ability to utilize the Relief, in order for PGI and the Board to appoint a new Captive Sub-advisor for a Fund or materially modify a sub-advisory agreement with a Captive Sub-advisor (other than as noted above), the Board must call and hold a shareholder meeting of the Fund, create and distribute proxy materials, and solicit votes from the Fund's shareholders. This process is time consuming and costly. Without the delay inherent in holding shareholder meetings, PGI would be able to act quickly to appoint a new Captive Sub-advisor if and when the Board and PGI believe that the appointment would benefit the Fund. The Board members also took into account that if PGI and the Board appoint a Captive Sub-advisor, the Fund's shareholders would receive an information statement containing substantially the same information regarding the Captive Sub-advisor and the sub-advisory agreement that the Fund would otherwise have been required to provide shareholders in a proxy statement. PGI and the Board will continue to be subject to their fiduciary duty to act in the best interest of the Fund and its shareholders. The Board members believe that granting PGI and the Board maximum flexibility to select Captive Sub-advisors, in addition to the flexibility they currently exercise pursuant to the Exemptive Order, without incurring the delay or expense of obtaining further shareholder approval, is in the best interest of shareholders because it will allow the Fund to operate more efficiently and cost effectively.

Finally, the Board members believe, as illustrated in the section below, that they will retain sufficient oversight of the Fund's investment sub-advisory arrangements to seek to ensure that shareholders' interests are protected whenever PGI selects a Captive Sub-advisor or materially modifies an investment sub-advisory agreement with a Captive Sub-advisor, in the same manner as the Board members currently exercise oversight of the Fund's investment sub-advisory agreements and seek to ensure that shareholders' interests are protected whenever PGI selects unaffiliated sub-advisors. The Board, including a majority of the Independent Board members, will continue to evaluate and to approve all proposed investment sub-advisory agreements, as well as any proposed modifications to existing sub-advisory agreements. In doing so, the Board members will analyze such factors as they consider to be relevant to the approval of or proposed modifications to an investment sub-advisory agreement. As with the Fund's investment advisory agreement, the terms of each investment sub-advisory agreement will include those required by applicable provisions of the 1940 Act.

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**Sub-Advisor Oversight**

PGI serves as the investment manager to the Funds under the amended and restated management agreement between PFI and the PGI dated March 1, 2023 (the "Management Agreement"). The Management Agreement provides that PGI is responsible for the following services, among others, that are relevant to this proposal:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a.provide investment research, advice, and supervision;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b.furnish to the Board (or a committee thereof) and provide ongoing review, evaluation, and revision, from time to time as conditions require, of a recommended investment program for a Fund consistent with the Fund's investment objective and policies;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c.where applicable, based upon research, analysis, and due diligence, recommend to the Board one or more sub-advisors for a Fund; regularly monitor and evaluate each sub-advisor's performance; and recommend changes to the sub-advisors where appropriate;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d.report to the Board at such times and in such detail as the Board may deem appropriate in order to enable it to determine that the investment policies of a Fund are being observed. In performing the functions set forth above and supervising the Fund's sub-advisors, PGI:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i.performs periodic detailed analysis and reviews of the performance by the sub-advisor of its obligations to the Fund, including without limitation analysis and review of portfolio and other compliance matters and review of the sub-advisor's investment performance in respect of the Fund;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii.prepares and presents periodic reports to the Board regarding the investment performance of the sub-advisor and other information regarding the sub-advisor, at such times and in such forms as the Board may reasonably request;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii.reviews and considers any changes in the personnel of the sub-advisor responsible for performing the sub-advisor's obligations and makes appropriate reports to the Board;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv.reviews and considers any changes in the ownership or senior management of the sub-advisor and makes appropriate reports to the Board;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v.performs periodic in-person or telephonic diligence meetings, including with respect to compliance matters, with representatives of the sub-advisor;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi.assists the Board and PFI in developing and reviewing information with respect to the initial approval of each sub-advisory agreement with the sub-advisor and annual consideration of each sub-advisory agreement thereafter;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii.prepares recommendations with respect to the continued retention of the sub-advisor or the replacement of the sub-advisor, including at the request of the Board;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii.identifies potential successors to or replacements of the sub-advisor or potential additional sub-advisors, performs appropriate due diligence, and develops and presents to the Board a recommendation as to any such successor, replacement, or additional sub-advisor, including at the request of the Board;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix.performs such other review and reporting functions as the Board shall reasonably request consistent with the Management Agreement and applicable law. PGI will retain these responsibilities if this proposal is approved.

**Required vote.** Shareholders of each Fund, other than Global Sustainable Listed Infrastructure Fund, will vote separately on this Proposal 2. As to any Fund, approval of reliance on the No-Action Letter will require the affirmative vote of a Majority of the Outstanding Voting Securities (as defined above under "Voting Information -

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Voting Rights") of that Fund. If the required shareholder approval is not obtained by any Fund, such Fund will continue to be required to obtain shareholder approval to enter into and/or materially amend agreements with sub-advisors other than as allowed for by the Exemptive Order.

**The Board of Directors recommends that the shareholders of each Fund vote "For" the Proposal applicable to such Fund.**

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**INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

The firm of Ernst & Young LLP ("Ernst & Young") has been selected as the independent registered public accounting firm for the PFI Funds for their fiscal years ending August 31, 2023 and October 31, 2023 and served as such for the last two fiscal years of the Funds. The independent registered public accounting firm audits annual financial statements for PFI and reviews regulatory filings that include those financial statements. Representatives of Ernst & Young are expected to be present at the Meeting, have been given the opportunity to make a statement if they so desire, and will be available to answer appropriate questions.

The Audit Committee of the Board (the "Audit Committee") has adopted the following policy regarding approval and pre-approval of audit and non-audit services provided by the independent registered public accounting firm (the "independent auditor").

\* \* \*

**The Principal Funds**

**Policy on Auditor Independence**

The purpose of this policy is to ensure the independence of the Principal Funds' primary independent auditor. This policy is established by the Audit Committee (the "Committee") of the Boards of Directors of Principal Funds, Inc. and Principal Variable Contracts Funds, Inc. and the Board of Trustees of Principal Exchange-Traded Funds and any registered closed-end management investment company that is operated as an interval fund and managed by Principal Global Investors, LLC<sup>2</sup> (the "Funds") (the "Boards of the Funds") effective for all engagements of the primary independent auditor.

1.&nbsp;&nbsp;&nbsp;&nbsp;The primary independent auditor, its subsidiaries and affiliates shall not provide Prohibited Services to the Funds. For the purposes of this policy, Prohibited Services are:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Services that are subject to audit procedure during a financial statement audit;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Services where the auditor would act on behalf of management;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Services where the auditor is an advocate to the client's position in an adversarial proceeding;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Bookkeeping or other services related to the accounting records or financial statements of the Funds, its subsidiaries and affiliates;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Financial information systems design and implementation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Appraisal or valuation services, fairness opinions, or contribution-in-kind reports;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Actuarial services;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Internal audit functions or human resources;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Broker or dealer, investment advisor, or investment banking services;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Legal services and expert services unrelated to the audit;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Tax planning services related to listed, confidential and aggressive transactions;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Personal tax planning services to individuals in a financial reporting oversight role with regard to the Funds (other than members of the Boards of the Funds who are not also officers of the Funds), including the immediate family members of such individuals;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Any other service that the Public Company Accounting Oversight Board (PCAOB) determines, by regulation, is impermissible.

2.&nbsp;&nbsp;&nbsp;&nbsp;(A) All services the primary independent auditor, its subsidiaries and affiliates provide to the Funds, and (B) Audit services, including audits of annual financial statements, audits of acquired or divested businesses or review of regulatory filings, any independent auditor provides, shall be approved by the Committee in advance in accordance with the following procedure:

Each quarter, Management will present to the Committee for pre-approval, a detailed description of each particular service, excluding tax services, for which pre-approval is sought and a range of fees for such service. The Committee may delegate pre-approval authority to one or more of its members provided such delegated member(s) shall present a report of any services approved to the full Committee at its next regularly scheduled meeting. The Committee Chairperson shall

<sup>2</sup> The first such interval fund is the Principal Diversified Select Real Asset Fund; Management, subject to Board approval, may create others, each of which would be formed as a separate trust.

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have pre-approval authority for changes to any range of fees applicable to services the Committee previously approved and for new services and the range of fees for such services that arise between regularly scheduled Committee meetings.

Similarly, the primary independent auditor will present to the Committee for pre- approval a written description of the nature and scope of all tax services not expressly prohibited, including the fee arrangements for such services, and the potential effects of such services on the audit firm's independence.

In considering whether to pre-approve the primary independent auditor's provision of non-audit services, the Committee will consider whether the services are compatible with the maintenance of such auditor's independence. The Committee will also consider whether the primary independent auditor is best positioned to provide the most effective and efficient service, for reasons such as its familiarity with the Funds' business, people, culture, accounting systems, risk profile and other factors, and whether the service might enhance the Funds' ability to manage or control risk or improve audit quality.

3.&nbsp;&nbsp;&nbsp;&nbsp;The provisions of this policy shall apply to all audit and non-audit services provided directly to the Funds. Additionally, the provisions of this policy shall apply to non-audit services provided to Principal Global Investors, LLC ("PGI") or an affiliate of PGI that provides ongoing services to the Funds if the engagement relates directly to the operations and financial reporting of the Funds.

4.&nbsp;&nbsp;&nbsp;&nbsp;Not less than annually, the primary independent auditor shall report to the Committee in writing all relationships that may reasonably be thought to bear on independence between the auditor and the Funds or persons in financial reporting oversight roles with respect to any services provided by the auditor, its subsidiaries or affiliates as of the date of the communication, pursuant to Rule 3526 of the PCAOB. The primary independent auditor shall discuss with the Committee the potential effects of such relationships on the independence of the auditor. In addition, the primary independent auditor shall affirm, in writing, that, as of the date of the communication, it is independent within the meaning of the federal securities laws and Rule 3520 of the PCAOB.

5.&nbsp;&nbsp;&nbsp;&nbsp;The Committee shall ensure that the lead (or coordinating) audit partners, as well as the reviewing audit partner, of the Funds' primary independent auditor are rotated at least every five years and subject upon rotation to a five year "time out" period. All other audit partners of the primary independent auditor, excluding partners who simply consult with others on the audit engagement regarding technical issues, shall rotate after seven years and be subject upon rotation to a two year "time out" period.

6.&nbsp;&nbsp;&nbsp;&nbsp;Neither the Funds nor PGI may hire or promote any former partner, principal, shareholder or professional employee (Former Employee) of the primary independent auditor into a financial reporting oversight role unless the Former Employee (1) has severed his/her economic interest in the independent audit firm, and (2) was not a member of the audit engagement team for the Funds during the one year period preceding the date that the audit procedures began for the fiscal period in which the Funds or PGI proposes to hire or promote the Former Employee. Neither the Funds nor PGI shall, without prior written consent of the primary independent auditor, hire or promote any Former Employee into a role not prohibited above if the Former Employee had provided any services to the Funds or PGI during the 12 months preceding the date of filing of the Funds' most recent annual report with the SEC. Upon termination of the primary independent auditor, the Funds or PGI shall not, without prior written consent of the former primary independent auditor, hire or promote any Former Employee for a period of up to 12 months from termination.

7.&nbsp;&nbsp;&nbsp;&nbsp;For persons recently promoted or hired into a financial reporting oversight role (other than members of the Boards of the Funds who are not also officers of the Funds), any personal tax planning services pursuant to an engagement that was in progress before the hiring or promotion and provided by the primary independent auditor must be completed on or before 180 days after the hiring or promotion.

8.&nbsp;&nbsp;&nbsp;&nbsp;The phrase "financial reporting oversight role" means a role in which a person is in a position to exercise influence over the contents of the financial statements or anyone who prepares them, such as a member

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of the board of directors or similar management or governing body, chief executive officer, president, chief operating officer, chief financial officer, counsel, controller, chief internal auditor, or any equivalent positions.

The Audit Committee has considered whether the provision of non-audit services that were rendered to PFI's investment advisor (not including any sub-advisor whose role is primarily portfolio management and is subcontracted with or overseen by another investment advisor), and any entity controlling, controlled by, or under common control with the investment advisor that provides ongoing services to PFI that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X is compatible with maintaining the principal accountant's independence.

**Audit Fees.** During the last two fiscal years of the Funds, Ernst & Young has billed the following amounts for their professional services.

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| | |
|:---|:---|
| **Fiscal Year 8/31 Funds** | **Fiscal Year 10/31 Funds** |
| August 31, 2021 — $481,084 | October 31, 2021 — $1,187,156 |
| August 31, 2022 — $518,214 | October 31, 2022 — $1,268,280 |

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**Audit-Related Fees.** Ernst & Young provided audit-related services to PFI that are not included under "Audit Fees" above. These services related to the review of filings on Forms N-1A and N-14. During the last two fiscal years of the Funds, Ernst & Young has billed the following amounts for those services (situations in which these services were performed but an Ernst & Young invoice was not received during the fiscal year are reflected below as "$0").

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| | |
|:---|:---|
| **Fiscal Year 8/31 Funds** | **Fiscal Year 10/31 Funds** |
| August 31, 2021 — $0 | October 31, 2021 — $0 |
| August 31, 2022 — $0 | October 31, 2022 — $0 |

---

Ernst & Young billed no fees that the Audit Committee was required to pre-approve pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X.

**Tax Fees.** Ernst & Young prepares and reviews the federal income tax returns and federal excise tax returns of PFI. In connection with this review, Ernst & Young prepares and reviews the calculation of PFI's dividend distributions that are included as deductions on the tax returns. Ernst & Young also provides services to identify passive foreign investment companies. Ernst & Young also provides services to understand and comply with tax laws in certain foreign countries and services to determine the taxability of corporate actions. During the last two fiscal years, Ernst & Young has billed the following amounts for their professional tax services.

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| | |
|:---|:---|
| **Fiscal Year 8/31 Funds** | **Fiscal Year 10/31 Funds** |
| August 31, 2021 — $155,580 | October 31, 2021 — $2,037,621 |
| August 31, 2022 — $132,411 | October 31, 2022 — $1,746,189 |

---

Ernst & Young billed no fees that the Audit Committee was required to pre-approve pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X.

------

**All Other Fees.** Ernst & Young has not billed PFI for other products or services during the last two fiscal years.

Ernst & Young billed no fees that the Audit Committee was required to pre-approve pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X.

The aggregate non-audit fees Ernst & Young billed to PFI, its investment advisor (not including any sub-advisor whose role is primarily portfolio management and is subcontracted with or overseen by another investment advisor), and any entity controlling, controlled by, or under common control with the advisor that provides ongoing services to PFI for each of its last two fiscal years were as follows.

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| | |
|:---|:---|
| **Fiscal Year 8/31 Funds** | **Fiscal Year 10/31 Funds** |
| August 31, 2021 — $155,580 | October 31, 2021 — $2,037,621 |
| August 31, 2022 — $132,411 | October 31, 2022 — $1,746,189 |

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Ernst & Young billed PSS, PFD, and PGI an aggregate of the following amounts for the last two years:

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| | | |
|:---|:---|:---|
| | **2022** | **2021** |
| Principal Shareholder Services | $4725 | $4500 |
| Principal Fund Distributor | $4715 | $4490 |
| PGI | $175770 | $106900 |

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Ernst & Young provided no services during PFI's last two fiscal years that the Audit Committee was required to approve pursuant to paragraph (c)(7)(i)(C) of Rule 2.01 of Regulation S-X.

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**OTHER MATTERS**

PFI does not know of any matters to be presented at the Meeting other than those mentioned in this Proxy Statement. If any other matters properly come before the Meeting, the shares represented by proxies will be voted in accordance with the best judgment of the person or persons voting the proxies.

PFI is not required to hold annual meetings of shareholders and, therefore, cannot determine when the next meeting of shareholders will be held. Shareholder proposals to be presented at any future meeting of shareholders of PFI or any Fund must be received by PFI a reasonable time before PFI commences soliciting proxies for that meeting in order for such proposals to be considered for inclusion in the proxy materials relating to that meeting. PFI has adopted procedures by which shareholders may recommend nominees to the PFI Board. A copy of the procedures can be found in the Nominating and Governance Committee Charter at <u>https://secure02.principal.com/publicvsupply/GetFile?fm=MM13013&ty=VOP&EXT=.VOP</u>.

Only one copy of this Proxy Statement may be mailed to households, even if more than one person in a household is a Fund shareholder of record, unless PFI has received instructions to the contrary. If you need additional copies of this Proxy Statement, or if you do not want the mailing of a Proxy Statement to be combined with those for other members of your household in the future, or if you are receiving multiple copies and would rather receive just one copy for the household, please contact the Shareholder Services Department toll free at 1-800-222-5852 or by writing to PFI at P.O. Box 219971, Kansas City, MO 64121-9971. PFI will promptly deliver, upon request, a separate copy of this Proxy Statement to any shareholder residing at an address to which only one copy was mailed.

**BY ORDER OF THE BOARD OF DIRECTORS**

March 6, 2023

Des Moines, Iowa

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**It is important that proxies be returned promptly. Therefore, you are urged to complete, sign, date, and return the proxy card(s) in the enclosed envelope or give their proxy by telephone or Internet immediately.**

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**<u>APPENDIX A</u>**

**OUTSTANDING SHARES AND SHARE OWNERSHIP** 

The following table shows, as of the Record Date, the number of shares outstanding and entitled to vote for each class of shares of each Fund. As indicated, not all Funds have all classes of shares outstanding.

[TO BE FILED BY AMENDMENT]

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| | | | | |
|:---|:---|:---|:---|:---|
| **FUND (8/31 FYE)** | **SHARE CLASS** | **SHARES**<br>**OUTSTANDING** | **FUND (8/31 FYE)** | **SHARE CLASS** |
| Blue Chip | A |  | International Small Company | Institutional |
|  | C |  |  | R-6 |
|  | J |  |  |  |
|  | Institutional |  | Opportunistic Municipal | A |
|  | R-3 |  |  | Institutional |
|  | R-4 |  |  |  |
|  | R-5 |  | Origin Emerging Markets | A |
|  | R-6 |  |  | Institutional |
|  |  |  |  | R-6 |
| Bond Market Index | J |  |  |  |
|  | Institutional |  | Small-MidCap Dividend Income | A |
|  | R-1 |  |  | C |
|  | R-3 |  |  | Institutional |
|  | R-4 |  |  | R-6 |
|  | R-5 |  |  |  |
|  |  |  | Small-MidCap Growth | Institutional |
| Capital Securities | S |  |  |  |
|  |  |  | Spectrum Preferred and Capital | A |
| Diversified Real Asset | A |  | Securities Income Fund | C |
|  | Institutional |  |  | J |
|  | R-3 |  |  | Institutional |
|  | R-5 |  |  | R-1 |
|  | R-6 |  |  | R-3 |
|  |  |  |  | R-4 |
| EDGE MidCap | A |  |  | R-5 |
|  | Institutional |  |  | R-6 |
|  | R-6 |  |  |  |
| Global Multi-Strategy | A |  |  |  |
|  | Institutional |  |  |  |
|  | R-6 |  |  |  |
| Global Sustainable Listed | Institutional |  |  |  |
| Infrastructure |  |  |  |  |
| International Equity Index | Institutional |  |  |  |
|  | R-1 |  |  |  |
|  | R-3 |  |  |  |
|  | R-4 |  |  |  |
|  | R-5 |  |  |  |
|  | R-6 |  |  |  |

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| | | | | |
|:---|:---|:---|:---|:---|
| **FUND (10/31 FYE)** | **SHARE CLASS** | **SHARES**<br>**OUTSTANDING** | **FUND (10/31 FYE)** | **SHARE CLASS** |
| California Municipal | A |  | Global Emerging Markets | A |
|  | C |  |  | J |
|  | Institutional |  |  | Institutional |
|  |  |  |  | R-1 |
| Core Fixed Income | A |  |  | R-3 |
|  | C |  |  | R-4 |
|  | J |  |  | R-5 |
|  | Institutional |  |  | R-6 |
|  | R-1 |  |  |  |
|  | R-3 |  | Global Real Estate Securities | A |
|  | R-4 |  |  | Institutional |
|  | R-5 |  |  | R-3 |
|  | R-6 |  |  | R-4 |
|  |  |  |  | R-5 |
| Core Plus Bond | A |  |  | R-6 |
|  | J |  |  |  |
|  | Institutional |  | Government & High Quality Bond | A |
|  | R-1 |  |  | J |
|  | R-3 |  |  | Institutional |
|  | R-4 |  |  | R-1 |
|  | R-5 |  |  | R-3 |
|  |  |  |  | R-4 |
| Diversified Income | A |  |  | R-5 |
|  | C |  |  |  |
|  | Institutional |  | Government Money Market | Institutional |
|  | R-6 |  |  | R-6 |
| Diversified International | A |  | High Income | Institutional |
|  | J |  |  |  |
|  | Institutional |  | High Yield | A |
|  | R-1 |  |  | C |
|  | R-3 |  |  | Institutional |
|  | R-4 |  |  | R-6 |
|  | R-5 |  |  |  |
|  | R-6 |  | Inflation Protection | J |
|  |  |  |  | Institutional |
| Equity Income | A |  |  | R-1 |
|  | C |  |  | R-3 |
|  | J |  |  | R-4 |
|  | Institutional |  |  | R-5 |
|  | R-1 |  |  |  |
|  | R-3 |  | International I | Institutional |
|  | R-4 |  |  | R-1 |
|  | R-5 |  |  | R-3 |
|  |  |  |  | R-4 |
| Finisterre Emerging Markets | Institutional |  |  | R-5 |
| Total Return Bond |  |  |  | R-6 |

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| | | | | |
|:---|:---|:---|:---|:---|
| **FUND (10/31 FYE)** | **SHARE CLASS** | **SHARES**<br>**OUTSTANDING** | **FUND (10/31 FYE)** | **SHARE CLASS** |
| LargeCap Growth I | A |  | MidCap Growth III | J |
|  | J |  |  | Institutional |
|  | Institutional |  |  | R-1 |
|  | R-1 |  |  | R-3 |
|  | R-3 |  |  | R-4 |
|  | R-4 |  |  | R-5 |
|  | R-5 |  |  |  |
|  | R-6 |  | MidCap S&P 400 Index | J |
|  |  |  |  | Institutional |
| LargeCap S&P 500 Index | A |  |  | R-1 |
|  | C |  |  | R-3 |
|  | J |  |  | R-4 |
|  | Institutional |  |  | R-5 |
|  | R-1 |  |  | R-6 |
|  | R-3 |  |  |  |
|  | R-4 |  | MidCap Value I | A |
|  | R-5 |  |  | J |
|  |  |  |  | Institutional |
| LargeCap Value III | J |  |  | R-1 |
|  | Institutional |  |  | R-3 |
|  | R-1 |  |  | R-4 |
|  | R-3 |  |  | R-5 |
|  | R-4 |  |  | R-6 |
|  | R-5 |  |  |  |
|  |  |  | Money Market | A |
| MidCap | A |  |  | J |
|  | C |  |  |  |
|  | J |  | Overseas | Institutional |
|  | Institutional |  |  | R-1 |
|  | R-1 |  |  | R-3 |
|  | R-3 |  |  | R-4 |
|  | R-4 |  |  |  |
|  | R-5 |  | Principal Capital Appreciation | A |
|  | R-6 |  |  | C |
|  |  |  |  | Institutional |
| MidCap Growth | J |  |  | R-1 |
|  | Institutional |  |  | R-3 |
|  | R-1 |  |  | R-4 |
|  | R-3 |  |  | R-5 |
|  | R-4 |  |  |  |
|  | R-5 |  |  |  |

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| | | | | |
|:---|:---|:---|:---|:---|
| **FUND (10/31 FYE)** | **SHARE CLASS** | **SHARES**<br>**OUTSTANDING** | **FUND (10/31 FYE)** | **SHARE CLASS** |
| Principal LifeTime Strategic | A |  | Principal LifeTime 2035 | Institutional |
| Income | J |  |  | R-1 |
|  | Institutional |  |  | R-3 |
|  | R-1 |  |  | R-4 |
|  | R-3 |  |  | R-5 |
|  | R-4 |  |  |  |
|  | R-5 |  | Principal LifeTime 2040 | A |
|  |  |  |  | J |
| Principal LifeTime 2010 | A |  |  | Institutional |
|  | J |  |  | R-1 |
|  | Institutional |  |  | R-3 |
|  | R-1 |  |  | R-4 |
|  | R-3 |  |  | R-5 |
|  | R-4 |  |  |  |
|  | R-5 |  | Principal LifeTime 2045 | Institutional |
|  |  |  |  | R-1 |
| Principal LifeTime 2015 | Institutional |  |  | R-3 |
|  | R-1 |  |  | R-4 |
|  | R-3 |  |  | R-5 |
|  | R-4 |  |  |  |
|  | R-5 |  | Principal LifeTime 2050 | A |
|  |  |  |  | J |
| Principal LifeTime 2020 | A |  |  | Institutional |
|  | J |  |  | R-1 |
|  | Institutional |  |  | R-3 |
|  | R-1 |  |  | R-4 |
|  | R-3 |  |  | R-5 |
|  | R-4 |  |  |  |
|  | R-5 |  | Principal LifeTime 2055 | Institutional |
|  |  |  |  | R-1 |
| Principal LifeTime 2025 | Institutional |  |  | R-3 |
|  | R-1 |  |  | R-4 |
|  | R-3 |  |  | R-5 |
|  | R-4 |  |  |  |
|  | R-5 |  | Principal LifeTime 2060 | J |
|  |  |  |  | Institutional |
| Principal LifeTime 2030 | A |  |  | R-1 |
|  | J |  |  | R-3 |
|  | Institutional |  |  | R-4 |
|  | R-1 |  |  | R-5 |
|  | R-3 |  |  |  |
|  | R-4 |  | Principal LifeTime 2065 | Institutional |
|  | R-5 |  |  | R-1 |
|  |  |  |  | R-3 |
|  |  |  |  | R-4 |
|  |  |  |  | R-5 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **FUND (10/31 FYE)** | **SHARE CLASS** | **SHARES**<br>**OUTSTANDING** | **FUND (10/31 FYE)** | **SHARE CLASS** |
| Principal LifeTime Hybrid Income | J |  | Real Estate Securities | A |
|  | Institutional |  |  | C |
|  | R-6 |  |  | J |
|  |  |  |  | Institutional |
| Principal LifeTime Hybrid 2015 | J |  |  | R-1 |
|  | Institutional |  |  | R-3 |
|  | R-6 |  |  | R-4 |
|  |  |  |  | R-5 |
| Principal LifeTime Hybrid 2020 | J |  |  | R-6 |
|  | Institutional |  |  |  |
|  | R-6 |  | SAM Balanced | A |
|  |  |  |  | C |
| Principal LifeTime Hybrid 2025 | J |  |  | J |
|  | Institutional |  |  | Institutional |
|  | R-6 |  |  | R-1 |
|  |  |  |  | R-3 |
| Principal LifeTime Hybrid 2030 | J |  |  | R-4 |
|  | Institutional |  |  | R-5 |
|  | R-6 |  |  |  |
|  |  |  | SAM Conservative Balanced | A |
| Principal LifeTime Hybrid 2035 | J |  |  | C |
|  | Institutional |  |  | J |
|  | R-6 |  |  | Institutional |
|  |  |  |  | R-1 |
| Principal LifeTime Hybrid 2040 | J |  |  | R-3 |
|  | Institutional |  |  | R-4 |
|  | R-6 |  |  | R-5 |
| Principal LifeTime Hybrid 2045 | J |  | SAM Conservative Growth | A |
|  | Institutional |  |  | C |
|  | R-6 |  |  | J |
|  |  |  |  | Institutional |
| Principal LifeTime Hybrid 2050 | J |  |  | R-1 |
|  | Institutional |  |  | R-3 |
|  | R-6 |  |  | R-4 |
|  |  |  |  | R-5 |
| Principal LifeTime Hybrid 2055 | J |  |  |  |
|  | Institutional |  | SAM Flexible Income | A |
|  | R-6 |  |  | C |
|  |  |  |  | J |
| Principal LifeTime Hybrid 2060 | J |  |  | Institutional |
|  | Institutional |  |  | R-1 |
|  | R-6 |  |  | R-3 |
|  |  |  |  | R-4 |
| Principal LifeTime Hybrid 2065 | J |  |  | R-5 |
|  | Institutional |  |  |  |
|  | R-6 |  |  |  |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **FUND (10/31 FYE)** | **SHARE CLASS** | **SHARES**<br>**OUTSTANDING** | **FUND (10/31 FYE)** | **SHARE CLASS** |
| SAM Strategic Growth | A |  | SmallCap S&P 600 Index | J |
|  | C |  |  | Institutional |
|  | J |  |  | R-1 |
|  | Institutional |  |  | R-3 |
|  | R-1 |  |  | R-4 |
|  | R-3 |  |  | R-5 |
|  | R-4 |  |  | R-6 |
|  | R-5 |  |  |  |
|  |  |  | SmallCap Value II | J |
| Short-Term Income | A |  |  | Institutional |
|  | C |  |  | R-1 |
|  | J |  |  | R-3 |
|  | Institutional |  |  | R-4 |
|  | R-1 |  |  | R-5 |
|  | R-3 |  |  | R-6 |
|  | R-4 |  |  |  |
|  | R-5 |  | Tax-Exempt Bond | A |
|  |  |  |  | C |
| SmallCap | A |  |  | Institutional |
|  | C |  |  |  |
|  | J |  |  |  |
|  | Institutional |  |  |  |
|  | R-1 |  |  |  |
|  | R-3 |  |  |  |
|  | R-4 |  |  |  |
|  | R-5 |  |  |  |
|  | R-6 |  |  |  |
| SmallCap Growth I | J |  |  |  |
|  | Institutional |  |  |  |
|  | R-1 |  |  |  |
|  | R-3 |  |  |  |
|  | R-4 |  |  |  |
|  | R-5 |  |  |  |
|  | R-6 |  |  |  |

---

As of December 31, 2022, the PFI Directors, Director nominees, and officers together owned beneficially less than 1% of the outstanding shares of any class of shares of any of the Funds.

------

As of February 6, 2023, the following shareholders owned of record, or were known by PFI to own beneficially, 5% or more of the outstanding shares of any class of shares of any of the Funds.

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| BLUE CHIP (A) | 53.35% | 16837367 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| BLUE CHIP (C) | 17.77% | 1713860 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| BLUE CHIP (C) | 16.00% | 1542783 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| BLUE CHIP (C) | 10.94% | 1055779 | RAYMOND JAMES |
|  |  |  | OMNIBUS FOR MUTUAL FUNDS |
|  |  |  | HOUSE ACCT FIRM 92500015 |
|  |  |  | ATTN: COURTNEY WALLER |
|  |  |  | 880 CARILLON PKWY |
|  |  |  | ST PETERSBURG FL 33716-1102 |
| BLUE CHIP (C) | 8.85% | 853415 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| BLUE CHIP (C) | 8.34% | 804305 | STIFEL NICOLAUS & CO INC |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMERS |
|  |  |  | 501 N BROADWAY |
|  |  |  | SAINT LOUIS MO 63102-2188 |
| BLUE CHIP (C) | 7.93% | 764770 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FBO CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 211 MAIN STREET |
|  |  |  | SAN FRANCISCO CA 94105-1901 |
| BLUE CHIP (I) | 26.25% | 21005885 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| BLUE CHIP (I) | 12.15% | 9726019 | AMERICAN ENTERPRISE INVESTMENT SVC |
|  |  |  | FBO #41999970 |
|  |  |  | 707 2ND AVE S |
|  |  |  | MINNEAPOLIS MN 55402-2405 |
| BLUE CHIP (I) | 9.58% | 7670884 | LPL FINANCIAL |
|  |  |  | OMNIBUS CUSTOMER ACCOUNT |
|  |  |  | ATTN MUTUAL FUND TRADING |
|  |  |  | 4707 EXECUTIVE DR |
|  |  |  | SAN DIEGO CA 92121-3091 |
| BLUE CHIP (I) | 9.23% | 7392519 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| BLUE CHIP (I) | 7.55% | 6043859 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| BLUE CHIP (I) | 6.59% | 5275258 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| BLUE CHIP (I) | 6.06% | 4851234 | RAYMOND JAMES |
|  |  |  | OMNIBUS FOR MUTUAL FUNDS |
|  |  |  | HOUSE ACCT FIRM 92500015 |
|  |  |  | ATTN: COURTNEY WALLER |
|  |  |  | 880 CARILLON PKWY |
|  |  |  | ST PETERSBURG FL 33716-1102 |
| BLUE CHIP (I) | 5.29% | 4235457 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FBO CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 211 MAIN STREET |
|  |  |  | SAN FRANCISCO CA 94105-1901 |
| BLUE CHIP (R3) | 28.78% | 97566 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| BLUE CHIP (R3) | 23.75% | 80517 | SAMMONS RETIREMENT SOLUTIONS |
|  |  |  | 8300 MILLS CIVIC PKWY |
|  |  |  | WDM IA 50266-3833 |
| BLUE CHIP (R3) | 17.77% | 60240 | STATE STREET BANK CUST |
|  |  |  | FBO ADP ACCESS PRODUCT 401(K) PLAN |
|  |  |  | 1 LINCOLN ST |
|  |  |  | BOSTON MA 02111-2900 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| BLUE CHIP (R3) | 5.45% | 18481 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO SSP AMERICAN DEF COMP PLAN |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| BLUE CHIP (R3) | 5.19% | 17603 | FIIOC |
|  |  |  | FBO CREATIVE ASSET MANAGEMENT INC |
|  |  |  | RETIREMENT PLAN |
|  |  |  | 100 MAGELLAN WAY (KW1C) |
|  |  |  | COVINGTON KY 41015-1987 |
| BLUE CHIP (R4) | 43.95% | 30032 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| BLUE CHIP (R4) | 13.72% | 9379 | STATE STREET BANK AND TRUST COMPANY |
|  |  |  | TRUSTEE AND/OR CUSTODIAN |
|  |  |  | FBO ADP ACCESS PRODUCT |
|  |  |  | 1 LINCOLN ST |
|  |  |  | BOSTON MA 02111-2901 |
| BLUE CHIP (R4) | 11.66% | 7967 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO FIRST COUNTY BANK NQ DEF COMP AND SERP |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| BLUE CHIP (R4) | 9.77% | 6678 | BRIDGES INC |
|  |  |  | FBO EXEC 457F OF BRIDGES INC |
|  |  |  | ATTN CHRISTY KNUTSON |
|  |  |  | 3600 POWER INN RD STE C |
|  |  |  | SACRAMENTO CA 95826-3826 |
| BLUE CHIP (R4) | 5.40% | 3691 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO RFI ENTERPRISES INC NQ EXCESS PLAN |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| BLUE CHIP (R5) | 91.18% | 274854 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| BLUE CHIP (R6) | 22.32% | 37391695 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| BLUE CHIP (R6) | 9.92% | 16617914 | SAM BALANCED PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING - H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| BLUE CHIP (R6) | 8.79% | 14729000 | SAM CONS GROWTH PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| BLUE CHIP (R6) | 6.76% | 11331047 | LIFETIME 2040 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| BLUE CHIP (R6) | 6.72% | 11266697 | SAM STRATEGIC GROWTH PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| BLUE CHIP (R6) | 6.44% | 10787034 | LIFETIME 2030 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING- H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| BLUE CHIP (R6) | 5.20% | 8720740 | LIFETIME 2050 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| BOND MARKET INDEX (I) | 22.37% | 62813062 | SAM FLEXIBLE INCOME PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| BOND MARKET INDEX (I) | 15.08% | 42327996 | SAM BALANCED PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING - H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| BOND MARKET INDEX (I) | 10.42% | 29266355 | SAM CONS BALANCED PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| BOND MARKET INDEX (I) | 8.20% | 23042208 | LIFETIME HYBRID 2030 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| BOND MARKET INDEX (I) | 7.41% | 20804983 | LIFETIME HYBRID 2025 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| BOND MARKET INDEX (I) | 6.28% | 17645877 | LIFETIME HYBRID 2020 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| BOND MARKET INDEX (R1) | 56.61% | 40204 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| BOND MARKET INDEX (R1) | 20.97% | 14896 | FIIOC |
|  |  |  | FBO AVAILABLE PLASTICS INC 401K PLAN |
|  |  |  | 100 MAGELLAN WAY (KW1C) |
|  |  |  | COVINGTON KY 41015-1987 |
| BOND MARKET INDEX (R1) | 12.92% | 9179 | RELIANCE TRUST CO TTEE |
|  |  |  | FBO ADP ACCESS LARGE MARKET 401(K) PLAN |
|  |  |  | 201 17TH ST NW STE 1000 |
|  |  |  | ATLANTA GA 30363-1195 |
| BOND MARKET INDEX (R3) | 56.09% | 572062 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| BOND MARKET INDEX (R3) | 18.45% | 188204 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO EXEC NQ EXCESS OF MAGNECOMP CORP |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| BOND MARKET INDEX (R3) | 9.04% | 92254 | EQUIPMENT DEVELOPMENT CO INC |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | FBO EDCO NQ DEF COMP PLAN |
|  |  |  | 100 THOMAS JOHNSON DR |
|  |  |  | FREDERICK MD 21702-4600 |
| BOND MARKET INDEX (R4) | 57.12% | 222317 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| BOND MARKET INDEX (R4) | 22.70% | 88354 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO ISS FACILITY SERVICES HLDNG INC EX DC PLN |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| BOND MARKET INDEX (R5) | 45.20% | 541692 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| BOND MARKET INDEX (R5) | 22.36% | 268010 | FEDERAL REALTY INVESTMENT TRUST |
|  |  |  | FBO FEDERAL REALTY INVESTMENT TRUST |
|  |  |  | ATTN VICKIE RALLS |
|  |  |  | 1626 E JEFFERSON ST |
|  |  |  | ROCKVILLE MD 20852-4041 |
| BOND MARKET INDEX (R5) | 5.05% | 60526 | PRINCIPAL TRUST COMPANY |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | FBO LT INCENTIVE PERFORMACE OF MTSI |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| CALIFORNIA MUNICIPAL (A) | 24.50% | 8173837 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| CALIFORNIA MUNICIPAL (A) | 22.83% | 7618042 | J. P. MORGAN SECURITIES LLC |
|  |  |  | FBO EXCLUSIVE BENEFIT OF OUR CUST |
|  |  |  | 4 CHASE METROTECH CTR |
|  |  |  | BROOKLYN NY 11245-0003 |
| CALIFORNIA MUNICIPAL (A) | 12.71% | 4240277 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| CALIFORNIA MUNICIPAL (A) | 8.09% | 2698914 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| CALIFORNIA MUNICIPAL (A) | 7.49% | 2498547 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| CALIFORNIA MUNICIPAL (A) | 5.79% | 1933386 | MLPF&S FOR THE SOLE |
|  |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR EAST |
|  |  |  | BUILDING ONE, 2ND FLOOR |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| CALIFORNIA MUNICIPAL (C) | 36.93% | 978925 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| CALIFORNIA MUNICIPAL (C) | 14.93% | 395850 | J. P. MORGAN SECURITIES LLC |
|  |  |  | FBO EXCLUSIVE BENEFIT OF OUR CUST |
|  |  |  | 4 CHASE METROTECH CTR |
|  |  |  | BROOKLYN NY 11245-0003 |
| CALIFORNIA MUNICIPAL (C) | 13.84% | 366848 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| CALIFORNIA MUNICIPAL (C) | 8.64% | 229098 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| CALIFORNIA MUNICIPAL (C) | 7.35% | 195029 | LPL FINANCIAL |
|  |  |  | OMNIBUS CUSTOMER ACCOUNT |
|  |  |  | ATTN MUTUAL FUND TRADING |
|  |  |  | 4707 EXECUTIVE DR |
|  |  |  | SAN DIEGO CA 92121-3091 |
| CALIFORNIA MUNICIPAL (I) | 25.78% | 5725600 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| CALIFORNIA MUNICIPAL (I) | 14.86% | 3299664 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| CALIFORNIA MUNICIPAL (I) | 12.71% | 2822495 | AMERICAN ENTERPRISE INVESTMENT SVC |
|  |  |  | FBO #41999970 |
|  |  |  | 707 2ND AVE S |
|  |  |  | MINNEAPOLIS MN 55402-2405 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| CALIFORNIA MUNICIPAL (I) | 8.95% | 1988151 | MLPF&S FOR THE SOLE |
|  |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR E FL 2 |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| CALIFORNIA MUNICIPAL (I) | 6.66% | 1480332 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| CALIFORNIA MUNICIPAL (I) | 6.46% | 1435264 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| CALIFORNIA MUNICIPAL (I) | 5.69% | 1265045 | LPL FINANCIAL |
|  |  |  | OMNIBUS CUSTOMER ACCOUNT |
|  |  |  | ATTN MUTUAL FUND TRADING |
|  |  |  | 4707 EXECUTIVE DR |
|  |  |  | SAN DIEGO CA 92121-3091 |
| CALIFORNIA MUNICIPAL (I) | 5.02% | 1114792 | TD AMERITRADE INC FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF OUR CLIENTS |
|  |  |  | PO BOX 2226 |
|  |  |  | OMAHA NE 68103-2226 |
| CAPITAL SECURITIES (S) | 31.77% | 38439848 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| CAPITAL SECURITIES (S) | 29.49% | 35679591 | MLPF&S FOR THE SOLE |
|  |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR E FL 3 |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| CAPITAL SECURITIES (S) | 15.32% | 18536737 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| CAPITAL SECURITIES (S) | 5.10% | 6172206 | UBS WM USA |
|  |  |  | 0O0 11011 6100 |
|  |  |  | OMNI ACCOUNT M/F |
|  |  |  | SPEC CDY A/C EBOC UBSFSI |
|  |  |  | 1000 HARBOR BLVD |
|  |  |  | WEEHAWKEN NJ 07086-6761 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| CORE FIXED INCOME (A) | 28.14% | 6653537 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| CORE FIXED INCOME (A) | 10.04% | 2374089 | J. P. MORGAN SECURITIES LLC |
|  |  |  | FBO EXCLUSIVE BENEFIT OF OUR CUST |
|  |  |  | 4 CHASE METROTECH CTR |
|  |  |  | BROOKLYN NY 11245-0003 |
| CORE FIXED INCOME (C) | 22.86% | 474731 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| CORE FIXED INCOME (C) | 12.58% | 261305 | RAYMOND JAMES |
|  |  |  | OMNIBUS FOR MUTUAL FUNDS |
|  |  |  | HOUSE ACCT FIRM 92500015 |
|  |  |  | ATTN: COURTNEY WALLER |
|  |  |  | 880 CARILLON PKWY |
|  |  |  | ST PETERSBURG FL 33716-1102 |
| CORE FIXED INCOME (C) | 10.91% | 226601 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| CORE FIXED INCOME (I) | 60.49% | 49923235 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| CORE FIXED INCOME (I) | 11.27% | 9307533 | AMERICAN ENTERPRISE INVESTMENT SVC |
|  |  |  | FBO #41999970 |
|  |  |  | 707 2ND AVE S |
|  |  |  | MINNEAPOLIS MN 55402-2405 |
| CORE FIXED INCOME (I) | 6.71% | 5544169 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| CORE FIXED INCOME (R1) | 95.97% | 853646 | VOYA INSTITUTIONAL TRUST COMPANY |
|  |  |  | 1 ORANGE WAY |
|  |  |  | WINDSOR CT 06095-4773 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| CORE FIXED INCOME (R3) | 62.68% | 774578 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| CORE FIXED INCOME (R3) | 12.42% | 153566 | SAMMONS RETIREMENT SOLUTIONS |
|  |  |  | 8300 MILLS CIVIC PKWY |
|  |  |  | WDM IA 50266-3833 |
| CORE FIXED INCOME (R3) | 10.08% | 124630 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO GU & IM DDS PS DEFINED BENEFIT PLAN |
|  |  |  | 9954 RAINIER AVE S |
|  |  |  | SEATTLE WA 98118-5941 |
| CORE FIXED INCOME (R4) | 95.35% | 992681 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| CORE FIXED INCOME (R5) | 87.13% | 2044155 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| CORE FIXED INCOME (R5) | 6.59% | 154694 | T ROWE PRICE RETIREMENT PLAN |
|  |  |  | SERVICES INC |
|  |  |  | FBO RETIREMENT PLAN CLIENTS |
|  |  |  | 4515 PAINTERS MILL RD |
|  |  |  | OWINGS MILLS MD 21117-4903 |
| CORE FIXED INCOME (R6) | 19.90% | 208845887 | LIFETIME 2030 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING- H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| CORE FIXED INCOME (R6) | 16.11% | 169106930 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| CORE FIXED INCOME (R6) | 9.71% | 101904842 | LIFETIME 2020 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING H-221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| CORE FIXED INCOME (R6) | 8.22% | 86341445 | SAM FLEXIBLE INCOME PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| CORE FIXED INCOME (R6) | 6.62% | 69523782 | LIFETIME 2040 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| CORE FIXED INCOME (R6) | 6.51% | 68335890 | SAM BALANCED PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING - H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| CORE FIXED INCOME (R6) | 5.35% | 56222572 | LIFETIME 2025 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING- H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| CORE PLUS BOND (A) | 12.08% | 949781 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| CORE PLUS BOND (I) | 79.40% | 32097681 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| CORE PLUS BOND (I) | 9.01% | 3644782 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| CORE PLUS BOND (R1) | 88.44% | 303536 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| CORE PLUS BOND (R1) | 11.38% | 39076 | MID ATLANTIC TRUST COMPANY FBO |
|  |  |  | UNITED STATES SQUASH RACQUETS 401(K) |
|  |  |  | 1251 WATERFRONT PLACE SUITE 525 |
|  |  |  | PITTSBURGH PA 15222-4228 |
| CORE PLUS BOND (R3) | 70.33% | 1130893 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| CORE PLUS BOND (R3) | 6.48% | 104313 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO SCOTT CONTRACTING CASH BALANCE PLAN |
|  |  |  | 702 OLD PEACHTREE RD NW STE 100 |
|  |  |  | SUWANEE GA 30024-4923 |
| CORE PLUS BOND (R4) | 74.28% | 400185 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| CORE PLUS BOND (R4) | 7.44% | 40111 | RANGER PIPELINES INCORPORATED |
|  |  |  | FBO RANGER PIPELINES INC NQ EXCESS PLAN |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | 1790 YOSEMITE AVE |
|  |  |  | SAN FRANCISCO CA 94124-2622 |
| CORE PLUS BOND (R4) | 6.49% | 35009 | NOMURA HOLDING AMERICA INC |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | FBO NOMURA SUPP RET SAVINGS |
|  |  |  | 309 W 49TH ST |
|  |  |  | NEW YORK NY 10019-9102 |
| CORE PLUS BOND (R5) | 84.92% | 3655036 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| CORE PLUS BOND (R5) | 5.26% | 226453 | NORTHWEST ADMINISTRATORS |
|  |  |  | FBO NQ EXCESS OF NW ADMINISTRATORS |
|  |  |  | ATTN GAYLE BUSHNELL |
|  |  |  | 2323 EASTLAKE AVE E |
|  |  |  | SEATTLE WA 98102-3963 |
| DIVERSIFIED INCOME (A) | 15.15% | 14559351 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| DIVERSIFIED INCOME (A) | 11.54% | 11091651 | MLPF&S FOR THE SOLE |
|  |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR E FL 3 |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| DIVERSIFIED INCOME (A) | 11.31% | 10868581 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| DIVERSIFIED INCOME (A) | 11.25% | 10817603 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| DIVERSIFIED INCOME (A) | 6.23% | 5988666 | UBS WM USA |
|  |  |  | 0O0 11011 6100 |
|  |  |  | OMNI ACCOUNT M/F |
|  |  |  | SPEC CDY A/C EBOC UBSFSI |
|  |  |  | 1000 HARBOR BLVD |
|  |  |  | WEEHAWKEN NJ 07086-6761 |
| DIVERSIFIED INCOME (A) | 5.70% | 5482507 | RAYMOND JAMES |
|  |  |  | OMNIBUS FOR MUTUAL FUNDS |
|  |  |  | HOUSE ACCT FIRM 92500015 |
|  |  |  | ATTN: COURTNEY WALLER |
|  |  |  | 880 CARILLON PKWY |
|  |  |  | ST PETERSBURG FL 33716-1102 |
| DIVERSIFIED INCOME (A) | 5.00% | 4806297 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FBO CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 211 MAIN STREET |
|  |  |  | SAN FRANCISCO CA 94105-1901 |
| DIVERSIFIED INCOME (C) | 30.94% | 6436530 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| DIVERSIFIED INCOME (C) | 11.05% | 2299059 | RAYMOND JAMES |
|  |  |  | OMNIBUS FOR MUTUAL FUNDS |
|  |  |  | HOUSE ACCT FIRM 92500015 |
|  |  |  | ATTN: COURTNEY WALLER |
|  |  |  | 880 CARILLON PKWY |
|  |  |  | ST PETERSBURG FL 33716-1102 |
| DIVERSIFIED INCOME (C) | 8.63% | 1796273 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| DIVERSIFIED INCOME (C) | 7.85% | 1634496 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| DIVERSIFIED INCOME (C) | 5.79% | 1205689 | CHARLES SCHWAB & CO INC |
|  |  |  | FBO SPECIAL CUSTODY ACCOUNTS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 211 MAIN ST |
|  |  |  | SAN FRANCISCO CA 94105-1901 |
| DIVERSIFIED INCOME (C) | 5.31% | 1106540 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| DIVERSIFIED INCOME (C) | 5.16% | 1073514 | AMERICAN ENTERPRISE INVESTMENT SVC |
|  |  |  | FBO #41999970 |
|  |  |  | 707 2ND AVE S |
|  |  |  | MINNEAPOLIS MN 55402-2405 |
| DIVERSIFIED INCOME (C) | 5.00% | 1041761 | UBS WM USA |
|  |  |  | 0O0 11011 6100 |
|  |  |  | OMNI ACCOUNT M/F |
|  |  |  | SPEC CDY A/C EBOC UBSFSI |
|  |  |  | 1000 HARBOR BLVD |
|  |  |  | WEEHAWKEN NJ 07086-6761 |
| DIVERSIFIED INCOME (I) | 14.91% | 20974175 | MLPF&S FOR THE SOLE |
|  |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR E FL 3 |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| DIVERSIFIED INCOME (I) | 13.54% | 19047194 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| DIVERSIFIED INCOME (I) | 10.05% | 14140713 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| DIVERSIFIED INCOME (I) | 9.53% | 13408332 | UBS WM USA |
|  |  |  | 0O0 11011 6100 |
|  |  |  | OMNI ACCOUNT M/F |
|  |  |  | SPEC CDY A/C EBOC UBSFSI |
|  |  |  | 1000 HARBOR BLVD |
|  |  |  | WEEHAWKEN NJ 07086-6761 |
| DIVERSIFIED INCOME (I) | 8.97% | 12624261 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FBO CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 211 MAIN STREET |
|  |  |  | SAN FRANCISCO CA 94105-1901 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| DIVERSIFIED INCOME (I) | 7.90% | 11124803 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| DIVERSIFIED INCOME (I) | 7.79% | 10966890 | RAYMOND JAMES |
|  |  |  | OMNIBUS FOR MUTUAL FUNDS |
|  |  |  | HOUSE ACCT FIRM 92500015 |
|  |  |  | ATTN: COURTNEY WALLER |
|  |  |  | 880 CARILLON PKWY |
|  |  |  | ST PETERSBURG FL 33716-1102 |
| DIVERSIFIED INCOME (I) | 6.97% | 9813895 | LPL FINANCIAL |
|  |  |  | OMNIBUS CUSTOMER ACCOUNT |
|  |  |  | ATTN MUTUAL FUND TRADING |
|  |  |  | 4707 EXECUTIVE DR |
|  |  |  | SAN DIEGO CA 92121-3091 |
| DIVERSIFIED INCOME (I) | 5.49% | 7724530 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| DIVERSIFIED INCOME (R6) | 37.86% | 1406509 | ATTN MUTUAL FUNDS OPERATIONS |
|  |  |  | MAC & CO A/C 798018 |
|  |  |  | 500 GRANT STREET ROOM 151-1010 |
|  |  |  | PITTSBURGH PA 15219-2502 |
| DIVERSIFIED INCOME (R6) | 12.11% | 450113 | ATTN MUTUAL FUND OPERATIONS |
|  |  |  | MAC & CO A/C 798045 |
|  |  |  | 500 GRANT STREET ROOM 151-1010 |
|  |  |  | PITTSBURGH PA 15219-2502 |
| DIVERSIFIED INCOME (R6) | 9.45% | 351365 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| DIVERSIFIED INCOME (R6) | 6.64% | 246742 | ATTN MUTUAL FUND OPERATIONS |
|  |  |  | MAC & CO A/C 798041 |
|  |  |  | 500 GRANT STREET ROOM 151-1010 |
|  |  |  | PITTSBURGH PA 15219-2502 |
| DIVERSIFIED INCOME (R6) | 6.27% | 233106 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| DIVERSIFIED INTERNATIONAL (A) | 12.98% | 2279438 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| DIVERSIFIED INTERNATIONAL (I) | 60.11% | 21518202 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| DIVERSIFIED INTERNATIONAL (I) | 12.15% | 4351236 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FBO CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 211 MAIN STREET |
|  |  |  | SAN FRANCISCO CA 94105-1901 |
| DIVERSIFIED INTERNATIONAL (I) | 7.79% | 2791182 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| DIVERSIFIED INTERNATIONAL (R1) | 86.12% | 172075 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| DIVERSIFIED INTERNATIONAL (R1) | 8.57% | 17131 | RELIANCE TRUST CO TTEE |
|  |  |  | FBO ADP ACCESS LARGE MARKET 401(K) PLAN |
|  |  |  | 201 17TH ST NW STE 1000 |
|  |  |  | ATLANTA GA 30363-1195 |
| DIVERSIFIED INTERNATIONAL (R3) | 60.02% | 469140 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| DIVERSIFIED INTERNATIONAL (R4) | 74.51% | 427725 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| DIVERSIFIED INTERNATIONAL (R4) | 8.61% | 49454 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO CRST INTL NQ PLAN |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| DIVERSIFIED INTERNATIONAL (R4) | 5.89% | 33830 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO NQ BENEFIT FOR HCES OF MIECO |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| DIVERSIFIED INTERNATIONAL (R5) | 75.20% | 1490170 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| DIVERSIFIED INTERNATIONAL (R5) | 7.56% | 149923 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FBO CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 101 MONTGOMERY ST |
|  |  |  | SAN FRANCISCO CA 94104-4151 |
| DIVERSIFIED INTERNATIONAL (R6) | 12.89% | 40569224 | LIFETIME 2040 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| DIVERSIFIED INTERNATIONAL (R6) | 12.28% | 38650536 | LIFETIME 2030 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING- H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| DIVERSIFIED INTERNATIONAL (R6) | 9.95% | 31303027 | LIFETIME 2050 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| DIVERSIFIED INTERNATIONAL (R6) | 5.06% | 15919240 | SAM BALANCED PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING - H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| DIVERSIFIED REAL ASSET (A) | 20.43% | 1946265 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FBO CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 101 MONTGOMERY ST |
|  |  |  | SAN FRANCISCO CA 94104-4151 |
| DIVERSIFIED REAL ASSET (A) | 18.43% | 1755714 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| DIVERSIFIED REAL ASSET (A) | 6.59% | 627560 | TD AMERITRADE INC FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF OUR CLIENTS |
|  |  |  | PO BOX 2226 |
|  |  |  | OMAHA NE 68103-2226 |
| DIVERSIFIED REAL ASSET (A) | 5.12% | 487776 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| DIVERSIFIED REAL ASSET (A) | 5.08% | 484629 | MLPF&S FOR THE SOLE |
|  |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR E FL 3 |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| DIVERSIFIED REAL ASSET (I) | 22.21% | 44335802 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| DIVERSIFIED REAL ASSET (I) | 19.79% | 39516944 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FOR THE |
|  |  |  | BENIFIT OF CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 101 MONTGOMERY ST |
|  |  |  | SAN FRANCISCO CA 94104-4151 |
| DIVERSIFIED REAL ASSET (I) | 10.00% | 19969401 | CAPINCO C/O US BANK NA |
|  |  |  | 1555 N RIVERCENTER DR STE 302 |
|  |  |  | MILWAUKEE WI 53212-3958 |
| DIVERSIFIED REAL ASSET (I) | 6.28% | 12536311 | MLPF&S FOR THE SOLE |
|  |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR E FL 3 |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| DIVERSIFIED REAL ASSET (R3) | 97.46% | 24157 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO BLUE ROCK REFINISHING SOLUTIONS |
|  |  |  | LLC CASH BALANCE PLAN |
|  |  |  | 2974 CLEVELAND AVE N |
|  |  |  | SAINT PAUL MN 55113-1101 |
| DIVERSIFIED REAL ASSET (R6) | 15.32% | 22273214 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | JERSEY CITY NJ 07310-1995 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| DIVERSIFIED REAL ASSET (R6) | 11.38% | 16555567 | SAM BALANCED PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING - H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| DIVERSIFIED REAL ASSET (R6) | 8.25% | 12003420 | SAM CONS GROWTH PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| DIVERSIFIED REAL ASSET (R6) | 7.28% | 10596575 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| DIVERSIFIED REAL ASSET (R6) | 5.30% | 7706626 | CAPINCO C/O US BANK NA |
|  |  |  | 1555 N RIVERCENTER DR STE 302 |
|  |  |  | MILWAUKEE WI 53212-3958 |
| EDGE MIDCAP (A) | 25.97% | 396358 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| EDGE MIDCAP (A) | 18.87% | 287966 | AMERICAN ENTERPRISE INVESTMENT SVC |
|  |  |  | FBO #41999970 |
|  |  |  | 707 2ND AVE S |
|  |  |  | MINNEAPOLIS MN 55402-2405 |
| EDGE MIDCAP (A) | 13.02% | 198783 | MINNESOTA LIFE INSURANCE COMPANY |
|  |  |  | 400 ROBERT ST N STE A |
|  |  |  | SAINT PAUL MN 55101-2099 |
| EDGE MIDCAP (I) | 29.11% | 1277806 | AMERICAN ENTERPRISE INVESTMENT SVC |
|  |  |  | FBO #41999970 |
|  |  |  | 707 2ND AVE S |
|  |  |  | MINNEAPOLIS MN 55402-2405 |
| EDGE MIDCAP (I) | 23.65% | 1038423 | MAILCODE BD1N ATTN MF |
|  |  |  | C/O RELIANCE TRUST COMPANY WI |
|  |  |  | MITRA & CO FBO 98 |
|  |  |  | 4900 W BROWN DEER RD |
|  |  |  | MILWAUKEE WI 53223-2422 |
| EDGE MIDCAP (I) | 19.14% | 840146 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| EDGE MIDCAP (I) | 7.02% | 308221 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FBO CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 211 MAIN STREET |
|  |  |  | SAN FRANCISCO CA 94105-1901 |
| EDGE MIDCAP (I) | 5.33% | 234376 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| EDGE MIDCAP (R6) | 36.05% | 915215 | TIAA, FSB CUST/TTEE FBO: |
|  |  |  | RETIREMENT PLANS FOR WHICH |
|  |  |  | TIAA ACTS AS RECORDKEEPER |
|  |  |  | ATTN: TRUST OPERATIONS |
|  |  |  | 211 N BROADWAY STE 1000 |
|  |  |  | SAINT LOUIS MO 63102-2748 |
| EDGE MIDCAP (R6) | 29.02% | 736786 | JASCO & CO |
|  |  |  | 800 PHILADELPHIA ST |
|  |  |  | INDIANA PA 15701-3908 |
| EDGE MIDCAP (R6) | 11.11% | 282173 | ATTN MUTUAL FUND ADMINISTRATOR |
|  |  |  | C/O TRUIST ID 866 |
|  |  |  | SEI PRIVATE TRUST COMPANY |
|  |  |  | ONE FREEDOM VALLEY DRIVE |
|  |  |  | OAKS PA 19456-9989 |
| EDGE MIDCAP (R6) | 8.79% | 223163 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| EDGE MIDCAP (R6) | 7.06% | 179437 | C/O REGIONS |
|  |  |  | SEI PRIVATE TRUST COMPANY |
|  |  |  | 1 FREEDOM VALLEY DRIVE |
|  |  |  | OAKS PA 19456-9989 |
| EQUITY INCOME (A) | 16.16% | 5494449 | J. P. MORGAN SECURITIES LLC |
|  |  |  | FBO EXCLUSIVE BENEFIT OF OUR CUST |
|  |  |  | 4 CHASE METROTECH CTR |
|  |  |  | BROOKLYN NY 11245-0003 |
| EQUITY INCOME (A) | 13.26% | 4507738 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| EQUITY INCOME (A) | 9.27% | 3152265 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FOR THE |
|  |  |  | BENIFIT OF CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 101 MONTGOMERY ST |
|  |  |  | SAN FRANCISCO CA 94104-4151 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| EQUITY INCOME (A) | 5.13% | 1746449 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| EQUITY INCOME (C) | 23.16% | 646861 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| EQUITY INCOME (C) | 11.69% | 326613 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| EQUITY INCOME (C) | 8.04% | 224714 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| EQUITY INCOME (C) | 6.69% | 186910 | MLPF&S FOR THE SOLE |
|  |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR EAST 3RD FL |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| EQUITY INCOME (C) | 6.60% | 184564 | RAYMOND JAMES |
|  |  |  | OMNIBUS FOR MUTUAL FUNDS |
|  |  |  | HOUSE ACCT FIRM 92500015 |
|  |  |  | ATTN: COURTNEY WALLER |
|  |  |  | 880 CARILLON PKWY |
|  |  |  | ST PETERSBURG FL 33716-1102 |
| EQUITY INCOME (C) | 6.28% | 175382 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| EQUITY INCOME (C) | 5.71% | 159680 | STIFEL NICOLAUS & CO INC |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMERS |
|  |  |  | 501 N BROADWAY |
|  |  |  | SAINT LOUIS MO 63102-2188 |
| EQUITY INCOME (I) | 27.42% | 60963241 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| EQUITY INCOME (I) | 11.39% | 25336362 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| EQUITY INCOME (I) | 5.21% | 11596308 | SAM BALANCED PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING - H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| EQUITY INCOME (R1) | 90.53% | 51352 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| EQUITY INCOME (R1) | 9.26% | 5258 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO CONCORP CONCRETE INC DEFINED |
|  |  |  | BENEFIT PENSION PLAN |
|  |  |  | 2485 ASHCROFT AVE |
|  |  |  | CLOVIS CA 93611-6001 |
| EQUITY INCOME (R3) | 52.29% | 463354 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| EQUITY INCOME (R3) | 12.37% | 109677 | SAMMONS RETIREMENT SOLUTIONS |
|  |  |  | 8300 MILLS CIVIC PKWY |
|  |  |  | WDM IA 50266-3833 |
| EQUITY INCOME (R3) | 6.02% | 53404 | STATE STREET BANK AND TRUST COMPANY |
|  |  |  | TRUSTEE AND/OR CUSTODIAN |
|  |  |  | FBO ADP ACCESS PRODUCT |
|  |  |  | 1 LINCOLN ST |
|  |  |  | BOSTON MA 02111-2901 |
| EQUITY INCOME (R4) | 54.44% | 405383 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| EQUITY INCOME (R4) | 26.41% | 196650 | PIMS/PRUDENTIAL RETIREMENT |
|  |  |  | AS NOMINEE FOR THE TTEE/CUST PL 764 |
|  |  |  | NYSA-ILA MONEY PURCHASE PENSION |
|  |  |  | 10 EXCHANGE PL STE 1400 |
|  |  |  | JERSEY CITY NJ 07302-4931 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| EQUITY INCOME (R5) | 89.80% | 3737269 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| FINISTERRE EMERG MKTS TOTAL RT BD (I) | 25.84% | 12444105 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| FINISTERRE EMERG MKTS TOTAL RT BD (I) | 13.34% | 6427154 | SAM BALANCED PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING - H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| FINISTERRE EMERG MKTS TOTAL RT BD (I) | 12.18% | 5869022 | SAM FLEXIBLE INCOME PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| FINISTERRE EMERG MKTS TOTAL RT BD (I) | 9.68% | 4661652 | SAM CONS BALANCED PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| FINISTERRE EMERG MKTS TOTAL RT BD (I) | 7.99% | 3850855 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| FINISTERRE EMERG MKTS TOTAL RT BD (I) | 5.80% | 2793184 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY ACCT FBO CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 211 MAIN ST |
|  |  |  | SAN FRANCISCO CA 94105-1901 |
| FINISTERRE EMERG MKTS TOTAL RT BD (I) | 5.54% | 2669609 | SAM CONS GROWTH PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| GLOBAL SUSTAINABLE LISTED | 67.66% | 961546 | PRINCIPAL FINANCIAL SERVICES INC |
| INFRASTRUCTURE (I) |  |  | PUBLIC SEED ACCOUNT |
|  |  |  | ATTN GAM INVACCT ACA TEAM G-016-S40 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-9992 |
| GLOBAL SUSTAINABLE LISTED | 32.04% | 455373 | CHURCH OF GOD BENEFITS BOARD INC |
| INFRASTRUCTURE (I) |  |  | PO BOX 4608 |
|  |  |  | CLEVELAND TN 37320-4608 |
| GLOBAL EMERGING MARKETS (A) | 19.80% | 611453 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| GLOBAL EMERGING MARKETS (I) | 85.30% | 2436254 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| GLOBAL EMERGING MARKETS (R1) | 85.53% | 48791 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| GLOBAL EMERGING MARKETS (R3) | 62.83% | 118542 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| GLOBAL EMERGING MARKETS (R3) | 5.03% | 9494 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO SCOTT CONTRACTING CASH BALANCE PLAN |
|  |  |  | 702 OLD PEACHTREE RD NW STE 100 |
|  |  |  | SUWANEE GA 30024-4923 |
| GLOBAL EMERGING MARKETS (R4) | 75.01% | 79247 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| GLOBAL EMERGING MARKETS (R4) | 12.37% | 13078 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO CRST INTL NQ PLAN |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| GLOBAL EMERGING MARKETS (R5) | 79.20% | 186588 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| GLOBAL EMERGING MARKETS (R6) | 54.72% | 144895 | BANKERS TRUST COMPANY |
|  |  |  | FBO DEF COMP FOR SELECT INV |
|  |  |  | PROFESSIONALS OF PFG AND ITS |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | 453 7TH ST |
|  |  |  | DES MOINES IA 50309-4110 |
| GLOBAL EMERGING MARKETS (R6) | 41.38% | 109560 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| GLOBAL MULTI-STRATEGY (A) | 20.32% | 766124 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| GLOBAL MULTI-STRATEGY (A) | 15.56% | 586860 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| GLOBAL MULTI-STRATEGY (A) | 14.11% | 532102 | MLPF&S FOR THE SOLE |
|  |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR E FL 3 |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| GLOBAL MULTI-STRATEGY (A) | 5.92% | 223252 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| GLOBAL MULTI-STRATEGY (I) | 26.45% | 8418028 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| GLOBAL MULTI-STRATEGY (I) | 17.34% | 5519335 | MLPF&S FOR THE SOLE |
|  |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR E FL 3 |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| GLOBAL MULTI-STRATEGY (I) | 16.33% | 5198664 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| GLOBAL MULTI-STRATEGY (I) | 5.48% | 1744313 | UBS WM USA |
|  |  |  | 0O0 11011 6100 |
|  |  |  | OMNI ACCOUNT M/F |
|  |  |  | SPEC CDY A/C EBOC UBSFSI |
|  |  |  | 1000 HARBOR BLVD |
|  |  |  | WEEHAWKEN NJ 07086-6761 |
| GLOBAL MULTI-STRATEGY (I) | 5.15% | 1638939 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| GLOBAL MULTI-STRATEGY (R6) | 51.91% | 3526434 | WELLS FARGO BANK NA |
|  |  |  | PO BOX 1533 |
|  |  |  | MINNEAPOLIS MN 55480-1533 |
| GLOBAL MULTI-STRATEGY (R6) | 11.90% | 808856 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| GLOBAL MULTI-STRATEGY (R6) | 11.77% | 799674 | MORI & CO |
|  |  |  | 922 WALNUT ST |
|  |  |  | MAILSTOP TBTS 2 |
|  |  |  | KANSAS CITY MO 64106-1802 |
| GLOBAL MULTI-STRATEGY (R6) | 10.76% | 731553 | MLPF&S FOR THE SOLE |
|  |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR E FL 2 |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| GLOBAL REAL ESTATE SECURITIES (A) | 15.77% | 1551821 | MLPF&S FOR THE SOLE |
|  |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR E FL 3 |
|  |  |  | JACKSONVILLE FL 32246-6484 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| GLOBAL REAL ESTATE SECURITIES (A) | 13.74% | 1351887 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FBO CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 101 MONTGOMERY STREET |
|  |  |  | SAN FRANCISCO CA 94104-4151 |
| GLOBAL REAL ESTATE SECURITIES (A) | 13.70% | 1348682 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| GLOBAL REAL ESTATE SECURITIES (A) | 10.73% | 1056598 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| GLOBAL REAL ESTATE SECURITIES (A) | 9.30% | 915856 | RAYMOND JAMES |
|  |  |  | OMNIBUS FOR MUTUAL FUNDS |
|  |  |  | HOUSE ACCT FIRM 92500015 |
|  |  |  | ATTN: COURTNEY WALLER |
|  |  |  | 880 CARILLON PKWY |
|  |  |  | ST PETERSBURG FL 33716-1102 |
| GLOBAL REAL ESTATE SECURITIES (I) | 20.54% | 33662763 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| GLOBAL REAL ESTATE SECURITIES (I) | 18.64% | 30535431 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| GLOBAL REAL ESTATE SECURITIES (I) | 17.02% | 27896493 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FOR THE |
|  |  |  | BENIFIT OF CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 101 MONTGOMERY ST |
|  |  |  | SAN FRANCISCO CA 94104-4151 |
| GLOBAL REAL ESTATE SECURITIES (I) | 7.84% | 12847665 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| GLOBAL REAL ESTATE SECURITIES (I) | 6.35% | 10405447 | RAYMOND JAMES |
|  |  |  | OMNIBUS FOR MUTUAL FUNDS |
|  |  |  | HOUSE ACCT FIRM 92500015 |
|  |  |  | ATTN: COURTNEY WALLER |
|  |  |  | 880 CARILLON PKWY |
|  |  |  | ST PETERSBURG FL 33716-1102 |
| GLOBAL REAL ESTATE SECURITIES (R3) | 33.33% | 25903 | SAMMONS RETIREMENT SOLUTIONS |
|  |  |  | 8300 MILLS CIVIC PKWY |
|  |  |  | WDM IA 50266-3833 |
| GLOBAL REAL ESTATE SECURITIES (R3) | 33.17% | 25778 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO BLUE ROCK REFINISHING SOLUTIONS |
|  |  |  | LLC CASH BALANCE PLAN |
|  |  |  | 2974 CLEVELAND AVE N |
|  |  |  | SAINT PAUL MN 55113-1101 |
| GLOBAL REAL ESTATE SECURITIES (R3) | 22.23% | 17280 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| GLOBAL REAL ESTATE SECURITIES (R3) | 6.15% | 4786 | STATE STREET BANK CUSTODIAN CUST |
|  |  |  | FBO ACCESS ADP 401(K) PLAN |
|  |  |  | 1 LINCOLN STREET |
|  |  |  | BOSTON MA 02111-2901 |
| GLOBAL REAL ESTATE SECURITIES (R4) | 68.56% | 46220 | VOYA INSTITUTIONAL TRUST COMPANY |
|  |  |  | 1 ORANGE WAY |
|  |  |  | WINDSOR CT 06095-4773 |
| GLOBAL REAL ESTATE SECURITIES (R4) | 29.38% | 19812 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| GLOBAL REAL ESTATE SECURITIES (R5) | 82.43% | 632475 | PIMS/PRUDENTIAL RETIREMENT |
|  |  |  | AS NOMINEE FOR THE TTEE/CUST PL 002 |
|  |  |  | CITY OF JERSEY CITY |
|  |  |  | 280 GROVE STREET ROOM 106 |
|  |  |  | JERSEY CITY NJ 07302-3610 |
| GLOBAL REAL ESTATE SECURITIES (R5) | 12.48% | 95761 | MID ATLANTIC TRUST COMPANY FBO |
|  |  |  | MATC OMNIBUS DIV REINVEST |
|  |  |  | 1251 WATERFRONT PL STE 525 |
|  |  |  | PITTSBURGH PA 15222-4228 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| GLOBAL REAL ESTATE SECURITIES (R6) | 27.52% | 21206846 | UBATCO & CO |
|  |  |  | FBO COLLEGE SAVINGS GROUP |
|  |  |  | PO BOX 82535 |
|  |  |  | LINCOLN NE 68501-2535 |
| GLOBAL REAL ESTATE SECURITIES (R6) | 9.08% | 6996374 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| GLOBAL REAL ESTATE SECURITIES (R6) | 8.47% | 6531939 | MAC & CO A/C 681885 |
|  |  |  | ATTN MUTUAL FUND OPS |
|  |  |  | 500 GRANT STREET ROOM 151-1010 |
|  |  |  | PITTSBURGH PA 15219-2502 |
| GLOBAL REAL ESTATE SECURITIES (R6) | 7.34% | 5656266 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| GLOBAL REAL ESTATE SECURITIES (R6) | 6.57% | 5063632 | NATIONWIDE TRUST COMPANY FSB |
|  |  |  | C/O IPO PORTFOLIO ACCOUNTING |
|  |  |  | PO BOX 182029 |
|  |  |  | COLUMBUS OH 43218-2029 |
| GOVERNMENT & HIGH QUALITY BOND (A) | 20.27% | 3942443 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| GOVERNMENT & HIGH QUALITY BOND (A) | 11.63% | 2262104 | J. P. MORGAN SECURITIES LLC |
|  |  |  | FBO EXCLUSIVE BENEFIT OF OUR CUST |
|  |  |  | 4 CHASE METROTECH CTR |
|  |  |  | BROOKLYN NY 11245-0003 |
| GOVERNMENT & HIGH QUALITY BOND (I) | 31.77% | 12336231 | SAM FLEXIBLE INCOME PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| GOVERNMENT & HIGH QUALITY BOND (I) | 21.18% | 8223873 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| GOVERNMENT & HIGH QUALITY BOND (I) | 17.50% | 6793375 | SAM BALANCED PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING - H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| GOVERNMENT & HIGH QUALITY BOND (I) | 12.04% | 4675187 | SAM CONS BALANCED PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| GOVERNMENT & HIGH QUALITY BOND (I) | 5.47% | 2125754 | SAM CONS GROWTH PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| GOVERNMENT & HIGH QUALITY BOND (R1) | 74.87% | 210159 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO KANE HANDEL DEFINED |
|  |  |  | BENEFIT PLAN |
|  |  |  | 3525 DEL MAR HEIGHTS ROAD STE 231 |
|  |  |  | SAN DIEGO CA 92130-2199 |
| GOVERNMENT & HIGH QUALITY BOND (R1) | 23.65% | 66390 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| GOVERNMENT & HIGH QUALITY BOND (R3) | 43.30% | 156155 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| GOVERNMENT & HIGH QUALITY BOND (R3) | 10.08% | 36366 | ASCENSUS TRUST COMPANY FBO |
|  |  |  | STRUCTURAL ENGINEERING CENTER INC 70069 |
|  |  |  | PO BOX 10758 |
|  |  |  | FARGO ND 58106-0758 |
| GOVERNMENT & HIGH QUALITY BOND (R3) | 6.13% | 22112 | USIC |
|  |  |  | FBO USIC EXEC BENEFIT PLAN |
|  |  |  | ATTN CARYN HILDRETH |
|  |  |  | 9045 RIVER RD STE 300 |
|  |  |  | INDIANAPOLIS IN 46240-6400 |
| GOVERNMENT & HIGH QUALITY BOND (R4) | 81.68% | 497552 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| GOVERNMENT & HIGH QUALITY BOND (R4) | 6.40% | 38994 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO NQ BENEFIT FOR HCES OF MIECO |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| GOVERNMENT & HIGH QUALITY BOND (R5) | 43.46% | 432273 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| GOVERNMENT & HIGH QUALITY BOND (R5) | 16.93% | 168439 | BANKERS TRUST COMPANY |
|  |  |  | FBO II-VI, INC DEFERRED |
|  |  |  | COMPENSATION PLAN |
|  |  |  | ATTN DEBBIE WILLIAMS |
|  |  |  | 453 7TH ST |
|  |  |  | DES MOINES IA 50309-4110 |
| GOVERNMENT & HIGH QUALITY BOND (R5) | 15.65% | 155703 | NORTHWEST ADMINISTRATORS |
|  |  |  | FBO NQ EXCESS OF NW ADMINISTRATORS |
|  |  |  | ATTN GAYLE BUSHNELL |
|  |  |  | 2323 EASTLAKE AVE E |
|  |  |  | SEATTLE WA 98102-3963 |
| GOVERNMENT & HIGH QUALITY BOND (R5) | 11.18% | 111190 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| GOVERNMENT MONEY MARKET (I) | 100.00% | 10055 | PRINCIPAL GLOBAL INVESTORS LLC |
|  |  |  | ATTN SEAN CLINES 801-9A08 |
|  |  |  | 801 GRAND AVE |
|  |  |  | DES MOINES IA 50309-8000 |
| GOVERNMENT MONEY MARKET (R6) | 12.69% | 446570657 | INCOME FUND |
|  |  |  | FBO PGI |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| GOVERNMENT MONEY MARKET (R6) | 10.65% | 375000066 | BNY MELLON AS AGENT FOR VARIOUS |
|  |  |  | PRINCIPAL FUNDS |
|  |  |  | 500 GRANT ST |
|  |  |  | PITTSBURGH PA 15219-2502 |
| GOVERNMENT MONEY MARKET (R6) | 5.13% | 180818975 | EQUITY INCOME FUND |
|  |  |  | FBO PGI |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| HIGH INCOME (I) | 55.15% | 210657068 | PRINCIPAL GLOBAL INVESTORS TRUST CO |
|  |  |  | PRINCIPAL LIFETIME HYBRID |
|  |  |  | COLLECTIVE INVESTMENT FUNDS |
|  |  |  | 1300 SW 5TH AVE STE 3300 |
|  |  |  | PORTLAND OR 97201-5640 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| HIGH INCOME (I) | 9.20% | 35141137 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| HIGH INCOME (I) | 7.88% | 30132541 | LIFETIME 2030 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING- H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| HIGH YIELD (A) | 14.94% | 10309346 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| HIGH YIELD (A) | 9.52% | 6569844 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| HIGH YIELD (A) | 5.32% | 3674899 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| HIGH YIELD (A) | 5.17% | 3572338 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FOR THE |
|  |  |  | BENIFIT OF CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 101 MONTGOMERY ST |
|  |  |  | SAN FRANCISCO CA 94104-4151 |
| HIGH YIELD (C) | 19.43% | 1152979 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| HIGH YIELD (C) | 19.12% | 1134634 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| HIGH YIELD (C) | 6.89% | 408879 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| HIGH YIELD (C) | 6.89% | 408961 | RAYMOND JAMES |
|  |  |  | OMNIBUS FOR MUTUAL FUNDS |
|  |  |  | HOUSE ACCT FIRM 92500015 |
|  |  |  | ATTN: COURTNEY WALLER |
|  |  |  | 880 CARILLON PKWY |
|  |  |  | ST PETERSBURG FL 33716-1102 |
| HIGH YIELD (C) | 5.84% | 346445 | CHARLES SCHWAB & CO INC |
|  |  |  | FBO SPECIAL CUSTODY ACCOUNTS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 211 MAIN ST |
|  |  |  | SAN FRANCISCO CA 94105-1901 |
| HIGH YIELD (I) | 31.58% | 62148303 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| HIGH YIELD (I) | 14.16% | 27879588 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| HIGH YIELD (I) | 11.19% | 22026847 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| HIGH YIELD (I) | 6.42% | 12638681 | UBS WM USA |
|  |  |  | 0O0 11011 6100 |
|  |  |  | OMNI ACCOUNT M/F |
|  |  |  | SPEC CDY A/C EBOC UBSFSI |
|  |  |  | 1000 HARBOR BLVD |
|  |  |  | WEEHAWKEN NJ 07086-6761 |
| HIGH YIELD (I) | 5.10% | 10043411 | LPL FINANCIAL |
|  |  |  | OMNIBUS CUSTOMER ACCOUNT |
|  |  |  | ATTN MUTUAL FUND TRADING |
|  |  |  | 4707 EXECUTIVE DR |
|  |  |  | SAN DIEGO CA 92121-3091 |
| HIGH YIELD (R6) | 18.50% | 15431721 | SAM BALANCED PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING - H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| HIGH YIELD (R6) | 18.27% | 15238354 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| HIGH YIELD (R6) | 13.83% | 11534041 | WELLS FARGO BANK NA |
|  |  |  | PO BOX 1533 |
|  |  |  | MINNEAPOLIS MN 55480-1533 |
| HIGH YIELD (R6) | 7.83% | 6535783 | SAM CONS BALANCED PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| HIGH YIELD (R6) | 6.53% | 5447365 | SAM FLEXIBLE INCOME PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| HIGH YIELD (R6) | 5.18% | 4325643 | SAM CONS GROWTH PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INFLATION PROTECTION (I) | 39.03% | 76686996 | PRINCIPAL GLOBAL INVESTORS TRUST CO |
|  |  |  | PRINCIPAL LIFETIME HYBRID |
|  |  |  | COLLECTIVE INVESTMENT FUNDS |
|  |  |  | 1300 SW 5TH AVE STE 3300 |
|  |  |  | PORTLAND OR 97201-5640 |
| INFLATION PROTECTION (I) | 11.89% | 23358094 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| INFLATION PROTECTION (I) | 9.62% | 18909653 | LIFETIME 2020 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INFLATION PROTECTION (I) | 7.72% | 15178391 | SAM FLEXIBLE INCOME PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| INFLATION PROTECTION (R1) | 99.84% | 97355 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INFLATION PROTECTION (R3) | 39.83% | 365366 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INFLATION PROTECTION (R3) | 21.80% | 200052 | DSL CONSTRUCTION CORP |
|  |  |  | FBO EXEC NQ EXCESS OF DSL CONSTRUCTIONS |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | 11300 W OLYMPIC BLVD STE 770 |
|  |  |  | LOS ANGELES CA 90064-1644 |
| INFLATION PROTECTION (R3) | 14.37% | 131855 | PRINCIPAL TRUST COMPANY |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | FBO PRCD HOLDINGS LLC NQ DEF COMP |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| INFLATION PROTECTION (R3) | 5.57% | 51182 | GREEN RIVER RENTALS |
|  |  |  | FBO EXEC NQ EXCESS OF GREEN RIVER RENTALS |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | 5720 NASHVILLE ROAD |
|  |  |  | BOWLING GREEN KY 42101-7546 |
| INFLATION PROTECTION (R3) | 5.28% | 48466 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO DUPAGE INTERNAL MEDICINE LLC |
|  |  |  | 228 OXFORD AVE |
|  |  |  | CLARENDON HLS IL 60514-2807 |
| INFLATION PROTECTION (R4) | 93.07% | 507008 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INFLATION PROTECTION (R5) | 89.82% | 571569 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| INFLATION PROTECTION (R5) | 6.13% | 39070 | COMANCHE COUNTY HOSPITAL AUTHORITY |
|  |  |  | FBO COMANCHE COUNTY HOSPITAL |
|  |  |  | AUTHORITY EMPLOYEE EXCESS PLAN |
|  |  |  | ATTN DONNA WADE |
|  |  |  | 3401 W GORE BLVD |
|  |  |  | LAWTON OK 73505-6300 |
| INTERNATIONAL EQUITY INDEX (I) | 25.57% | 1216735 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INTERNATIONAL EQUITY INDEX (I) | 24.88% | 1183683 | LPL FINANCIAL |
|  |  |  | OMNIBUS CUSTOMER ACCOUNT |
|  |  |  | ATTN MUTUAL FUND TRADING |
|  |  |  | 4707 EXECUTIVE DR |
|  |  |  | SAN DIEGO CA 92121-3091 |
| INTERNATIONAL EQUITY INDEX (I) | 22.17% | 1054824 | CHARLES SCHWAB & CO INC |
|  |  |  | FBO SPECIAL CUSTODY ACCOUNTS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 211 MAIN ST |
|  |  |  | SAN FRANCISCO CA 94105-1901 |
| INTERNATIONAL EQUITY INDEX (I) | 15.01% | 714241 | PIMS/PRUDENTIAL RETIREMENT |
|  |  |  | AS NOMINEE FOR THE TTEE/CUST PL 008 |
|  |  |  | EMPIRE TODAY, LLC 401(K) |
|  |  |  | 333 NORTHWEST AVE |
|  |  |  | NORTHLAKE IL 60164-1604 |
| INTERNATIONAL EQUITY INDEX (R1) | 67.51% | 24870 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INTERNATIONAL EQUITY INDEX (R1) | 13.95% | 5140 | FIIOC FBO |
|  |  |  | CENTRAL PARK INSURANCE AGENCY INC |
|  |  |  | EMPLOYEES PROFIT SHARING PLAN |
|  |  |  | 100 MAGELLAN WAY |
|  |  |  | COVINGTON KY 41015-1987 |
| INTERNATIONAL EQUITY INDEX (R1) | 8.06% | 2970 | MID ATLANTIC TRUST COMPANY FBO |
|  |  |  | BORIK HOSPITALIST GROUP, INC 401(K |
|  |  |  | 1251 WATERFRONT PLACE SUITE 525 |
|  |  |  | PITTSBURGH PA 15222-4228 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| INTERNATIONAL EQUITY INDEX (R1) | 7.91% | 2915 | FIIOC |
|  |  |  | FBO KEITH PORTER INSULATION & FIREPLACE |
|  |  |  | 401K PLAN |
|  |  |  | 100 MAGELLAN WAY (KW1C) |
|  |  |  | COVINGTON KY 41015-1987 |
| INTERNATIONAL EQUITY INDEX (R3) | 59.49% | 684536 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INTERNATIONAL EQUITY INDEX (R3) | 5.62% | 64672 | STATE STREET BANK AND TRUST COMPANY |
|  |  |  | TRUSTEE AND/OR CUSTODIAN |
|  |  |  | FBO ADP ACCESS PRODUCT |
|  |  |  | 1 LINCOLN ST |
|  |  |  | BOSTON MA 02111-2901 |
| INTERNATIONAL EQUITY INDEX (R4) | 43.96% | 400252 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INTERNATIONAL EQUITY INDEX (R4) | 24.24% | 220707 | STATE STREET BANK AND TRUST COMPANY |
|  |  |  | TRUSTEE AND/OR CUSTODIAN |
|  |  |  | FBO ADP ACCESS PRODUCT |
|  |  |  | 1 LINCOLN ST |
|  |  |  | BOSTON MA 02111-2901 |
| INTERNATIONAL EQUITY INDEX (R4) | 5.17% | 47156 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO LESLIE GABER ASSOC INC |
|  |  |  | CASH BALANCE PLAN |
|  |  |  | 24 HILLCREST DR |
|  |  |  | COLTS NECK NJ 07722-2227 |
| INTERNATIONAL EQUITY INDEX (R5) | 55.76% | 885675 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INTERNATIONAL EQUITY INDEX (R5) | 17.70% | 281136 | WACHOVIA BANK NATIONAL ASSOCIATION |
|  |  |  | FBO DEF COMP PLAN OF CED INC (PS DEF |
|  |  |  | ATTN SHELLEY ANDERSON |
|  |  |  | ONE WEST FOURTH STREET |
|  |  |  | WINSTON-SALEM NC 27101-3972 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| INTERNATIONAL EQUITY INDEX (R5) | 8.73% | 138708 | FIIOC |
|  |  |  | FBO PATTERSON & DEWAR ENGINEERS INC |
|  |  |  | 100 MAGELLAN WAY |
|  |  |  | COVINGTON KY 41015-1987 |
| INTERNATIONAL EQUITY INDEX (R5) | 5.66% | 89922 | RELIANCE TRUST COMPANY CUST |
|  |  |  | FBO ADP ACCESS LARGE MARKET 401(K) PLAN |
|  |  |  | 201 17TH ST NW STE 1000 |
|  |  |  | ATLANTA GA 30363-1195 |
| INTERNATIONAL EQUITY INDEX (R6) | 39.05% | 35127719 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| INTERNATIONAL EQUITY INDEX (R6) | 33.11% | 29785405 | DIVERSIFIED GROWTH ACCOUNT |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INTERNATIONAL EQUITY INDEX (R6) | 13.17% | 11846358 | DIVERSIFIED GROWTH VOLATILITY |
|  |  |  | CONTROL ACCOUNT |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INTERNATIONAL EQUITY INDEX (R6) | 5.68% | 5111959 | DIVERSIFIED BALANCED ACCOUNT |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INTERNATIONAL I (I) | 71.59% | 5819040 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| INTERNATIONAL I (I) | 12.04% | 979303 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| INTERNATIONAL I (I) | 6.08% | 494847 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FOR THE |
|  |  |  | BENEFIT OF CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 101 MONTGOMERY ST |
|  |  |  | SAN FRANCISCO CA 94104-4151 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| INTERNATIONAL I (R1) | 100.00% | 82295 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INTERNATIONAL I (R3) | 90.84% | 122457 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INTERNATIONAL I (R4) | 92.55% | 38895 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INTERNATIONAL I (R4) | 5.90% | 2483 | INTL UNION AGAINST TB & LUNG DIS |
|  |  |  | FBO INTL UNION AGAINST TB&LD VITAL |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | STRATEGIES 457B |
|  |  |  | 61 BROADWAY STE 1010 |
|  |  |  | NEW YORK NY 10006-2738 |
| INTERNATIONAL I (R5) | 97.94% | 180369 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INTERNATIONAL I (R6) | 78.09% | 12617383 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| INTERNATIONAL I (R6) | 9.18% | 1484695 | C/O BANKERS TRUST |
|  |  |  | 1 FREEDOM VALLEY DR |
|  |  |  | OAKS PA 19456-9989 |
| INTERNATIONAL SMALL COMPANY (I) | 72.35% | 3288832 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| INTERNATIONAL SMALL COMPANY (I) | 9.83% | 446993 | THE GRABLE FOUNDATION |
|  |  |  | 701 MARKET ST STE 1100 |
|  |  |  | SAINT LOUIS MO 63101-1867 |
| INTERNATIONAL SMALL COMPANY (I) | 8.46% | 384582 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| INTERNATIONAL SMALL COMPANY (R6) | 13.50% | 9385988 | LIFETIME 2040 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INTERNATIONAL SMALL COMPANY (R6) | 13.05% | 9072935 | LIFETIME 2030 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING- H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INTERNATIONAL SMALL COMPANY (R6) | 10.38% | 7220582 | LIFETIME 2050 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INTERNATIONAL SMALL COMPANY (R6) | 7.16% | 4983900 | SAM STRATEGIC GROWTH PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INTERNATIONAL SMALL COMPANY (R6) | 6.84% | 4759828 | SAM BALANCED PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING - H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| INTERNATIONAL SMALL COMPANY (R6) | 6.30% | 4380050 | SAM CONS GROWTH PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| LARGECAP GROWTH I (A) | 13.94% | 4187241 | J. P. MORGAN SECURITIES LLC |
|  |  |  | FBO EXCLUSIVE BENEFIT OF OUR CUST |
|  |  |  | 4 CHASE METROTECH CTR |
|  |  |  | BROOKLYN NY 11245-0003 |
| LARGECAP GROWTH I (A) | 8.27% | 2485330 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| LARGECAP GROWTH I (I) | 78.47% | 136367386 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| LARGECAP GROWTH I (I) | 8.58% | 14915526 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP GROWTH I (R1) | 95.34% | 834662 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP GROWTH I (R3) | 72.22% | 3632559 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP GROWTH I (R4) | 50.62% | 1897354 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP GROWTH I (R4) | 22.37% | 838435 | EMPOWER TRUST FBO |
|  |  |  | EMPLOYEE BENEFITS CLIENTS 401K |
|  |  |  | 8515 E ORCHARD RD 2T2 |
|  |  |  | GREENWOOD VILLAGE CO 80111-5002 |
| LARGECAP GROWTH I (R4) | 5.85% | 219316 | CHARLES SCHWAB & CO INC |
|  |  |  | FBO CHARLES SCHWAB & CO INC |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 101 MONTGOMERY ST |
|  |  |  | SAN FRANCISCO CA 94104-4151 |
| LARGECAP GROWTH I (R5) | 78.45% | 9660061 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP GROWTH I (R5) | 5.90% | 726637 | RELIANCE TRUST CO TTEE |
|  |  |  | FBO ADP ACCESS LARGE MARKET 401(K) PLAN |
|  |  |  | 201 17TH ST NW STE 1000 |
|  |  |  | ATLANTA GA 30363-1195 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| LARGECAP GROWTH I (R6) | 59.63% | 269368908 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP GROWTH I (R6) | 5.95% | 26890589 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP GROWTH I (R6) | 5.23% | 23625692 | LIFETIME 2040 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP S&P 500 INDEX (A) | 18.08% | 5057667 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| LARGECAP S&P 500 INDEX (A) | 6.71% | 1877516 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| LARGECAP S&P 500 INDEX (C) | 17.55% | 400094 | LPL FINANCIAL |
|  |  |  | OMNIBUS CUSTOMER ACCOUNT |
|  |  |  | ATTN MUTUAL FUND TRADING |
|  |  |  | 4707 EXECUTIVE DR |
|  |  |  | SAN DIEGO CA 92121-3091 |
| LARGECAP S&P 500 INDEX (C) | 14.38% | 327696 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| LARGECAP S&P 500 INDEX (C) | 10.46% | 238518 | STIFEL NICOLAUS & CO INC |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMERS |
|  |  |  | 501 N BROADWAY |
|  |  |  | SAINT LOUIS MO 63102-2188 |
| LARGECAP S&P 500 INDEX (C) | 10.39% | 236804 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| LARGECAP S&P 500 INDEX (C) | 5.38% | 122617 | RAYMOND JAMES |
|  |  |  | OMNIBUS FOR MUTUAL FUNDS |
|  |  |  | HOUSE ACCT FIRM 92500015 |
|  |  |  | ATTN: COURTNEY WALLER |
|  |  |  | 880 CARILLON PKWY |
|  |  |  | ST PETERSBURG FL 33716-1100 |
| LARGECAP S&P 500 INDEX (I) | 9.93% | 18411179 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP S&P 500 INDEX (I) | 9.12% | 16903144 | LIFETIME 2040 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP S&P 500 INDEX (I) | 8.68% | 16092576 | LIFETIME 2030 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING- H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP S&P 500 INDEX (I) | 7.01% | 13004040 | LIFETIME 2050 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP S&P 500 INDEX (R1) | 71.53% | 442722 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP S&P 500 INDEX (R3) | 61.59% | 4045187 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP S&P 500 INDEX (R4) | 47.54% | 2382924 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP S&P 500 INDEX (R4) | 5.44% | 272817 | STATE STREET BANK AND TRUST COMPANY |
|  |  |  | TRUSTEE AND/OR CUSTODIAN |
|  |  |  | FBO ADP ACCESS PRODUCT |
|  |  |  | 1 LINCOLN ST |
|  |  |  | BOSTON MA 02111-2901 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| LARGECAP S&P 500 INDEX (R4) | 5.18% | 259959 | NOMURA HOLDING AMERICA INC |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | FBO NOMURA SUPP RET SAVINGS |
|  |  |  | 309 W 49TH ST |
|  |  |  | NEW YORK NY 10019-9102 |
| LARGECAP S&P 500 INDEX (R5) | 71.91% | 9029730 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP VALUE III (I) | 13.44% | 19976970 | LIFETIME 2040 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP VALUE III (I) | 12.80% | 19027417 | LIFETIME 2030 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING- H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP VALUE III (I) | 11.62% | 17272147 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP VALUE III (I) | 10.34% | 15367919 | LIFETIME 2050 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP VALUE III (I) | 7.46% | 11084345 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| LARGECAP VALUE III (R1) | 91.82% | 216820 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP VALUE III (R1) | 6.91% | 16340 | RELIANCE TRUST CO TTEE |
|  |  |  | FBO ADP ACCESS LARGE MARKET 401(K) PLAN |
|  |  |  | 201 17TH ST NW STE 1000 |
|  |  |  | ATLANTA GA 30363-1195 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| LARGECAP VALUE III (R3) | 80.64% | 284159 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP VALUE III (R4) | 69.49% | 78303 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| LARGECAP VALUE III (R4) | 13.31% | 15001 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO CRST INTL NQ PLAN |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| LARGECAP VALUE III (R4) | 7.02% | 7920 | NEW LONDON HOSPITAL ASSOC INC |
|  |  |  | FBO NEW LONDON HOSP ASSOC INC 457B |
|  |  |  | ATTN TINA NAIMIE |
|  |  |  | 273 COUNTY RD |
|  |  |  | NEW LONDON NH 03257-7700 |
| LARGECAP VALUE III (R5) | 55.56% | 190572 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| LARGECAP VALUE III (R5) | 15.70% | 53880 | DELAWARE CHARTER GUAR & TRUST CO |
|  |  |  | FBO PRINCIPAL TRUST COMPANY |
|  |  |  | VEBA TRUST IBEW HEALTH SAVING PLAN |
|  |  |  | SOUTHWEST SCHOOL CORPORATION |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| LARGECAP VALUE III (R5) | 8.65% | 29693 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO NIPPON LIFE INS CO EXEC NQ |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| LARGECAP VALUE III (R5) | 6.66% | 22874 | APPALACHIAN REGIONAL HEALTHCARE |
|  |  |  | SYSTEM |
|  |  |  | FBO EXECUTIVE 457B OF ARHS INC |
|  |  |  | ATTN AMY CRABBE |
|  |  |  | PO BOX 2600 |
|  |  |  | BOONE NC 28607-2600 |
| MIDCAP (A) | 13.22% | 6878242 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| MIDCAP (A) | 5.13% | 2668836 | MLPF&S FOR THE SOLE |
|  |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR E FL 3 |
|  |  |  | JACKSONVILLE FL 32246-6484 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| MIDCAP (C) | 30.13% | 432562 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| MIDCAP (C) | 20.10% | 288545 | CHARLES SCHWAB & CO INC |
|  |  |  | FBO SPECIAL CUSTODY ACCOUNTS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 211 MAIN ST |
|  |  |  | SAN FRANCISCO CA 94105-1901 |
| MIDCAP (C) | 8.38% | 120388 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| MIDCAP (C) | 8.13% | 116770 | STIFEL NICOLAUS & CO INC |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMERS |
|  |  |  | 501 N BROADWAY |
|  |  |  | SAINT LOUIS MO 63102-2188 |
| MIDCAP (I) | 15.27% | 47910475 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| MIDCAP (I) | 12.10% | 37951540 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| MIDCAP (I) | 10.59% | 33209164 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FBO CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 211 MAIN STREET |
|  |  |  | SAN FRANCISCO CA 94105-1901 |
| MIDCAP (I) | 8.92% | 27978873 | RAYMOND JAMES |
|  |  |  | OMNIBUS FOR MUTUAL FUNDS |
|  |  |  | HOUSE ACCT FIRM 92500015 |
|  |  |  | ATTN: COURTNEY WALLER |
|  |  |  | 880 CARILLON PKWY |
|  |  |  | ST PETERSBURG FL 33716-1102 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| MIDCAP (I) | 8.92% | 27974681 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| MIDCAP (I) | 7.07% | 22173418 | MLPF&S FOR THE SOLE |
|  |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR E FL 3 |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| MIDCAP (I) | 5.35% | 16782827 | UBS WM USA |
|  |  |  | 0O0 11011 6100 |
|  |  |  | OMNI ACCOUNT M/F |
|  |  |  | SPEC CDY A/C EBOC UBSFSI |
|  |  |  | 1000 HARBOR BLVD |
|  |  |  | WEEHAWKEN NJ 07086-6761 |
| MIDCAP (I) | 5.12% | 16078867 | AMERICAN ENTERPRISE INVESTMENT SVC |
|  |  |  | FBO #41999970 |
|  |  |  | 707 2ND AVE S |
|  |  |  | MINNEAPOLIS MN 55402-2405 |
| MIDCAP (R1) | 95.94% | 2976661 | VOYA INSTITUTIONAL TRUST COMPANY |
|  |  |  | 1 ORANGE WAY |
|  |  |  | WINDSOR CT 06095-4773 |
| MIDCAP (R3) | 42.35% | 635854 | STATE STREET BANK AND TRUST COMPANY |
|  |  |  | TRUSTEE AND/OR CUSTODIAN |
|  |  |  | FBO ADP ACCESS PRODUCT |
|  |  |  | 1 LINCOLN ST |
|  |  |  | BOSTON MA 02111-2901 |
| MIDCAP (R3) | 16.19% | 243195 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP (R4) | 28.27% | 446219 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FBO CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 101 MONTGOMERY ST |
|  |  |  | SAN FRANCISCO CA 94104-4151 |
| MIDCAP (R4) | 19.29% | 304386 | LINCOLN RETIREMENT SERVICES CO |
|  |  |  | FBO UT SYSTEM ORP |
|  |  |  | PO BOX 7876 |
|  |  |  | FORT WAYNE IN 46801-7876 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| MIDCAP (R4) | 17.02% | 268590 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP (R4) | 7.75% | 122357 | LINCOLN RETIREMENT SERVICES CO |
|  |  |  | FBO UT SYSTEM TSA |
|  |  |  | PO BOX 7876 |
|  |  |  | FORT WAYNE IN 46801-7876 |
| MIDCAP (R4) | 6.52% | 102969 | JOHN HANCOCK TRUST COMPANY LLC |
|  |  |  | 690 CANTON ST STE 100 |
|  |  |  | WESTWOOD MA 02090-2324 |
| MIDCAP (R5) | 25.21% | 2423585 | MID ATLANTIC TRUST COMPANY FBO |
|  |  |  | MATC OMNIBUS DIV REINVEST |
|  |  |  | 1251 WATERFRONT PL STE 525 |
|  |  |  | PITTSBURGH PA 15222-4228 |
| MIDCAP (R5) | 17.44% | 1676996 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FBO CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 101 MONTGOMERY ST |
|  |  |  | SAN FRANCISCO CA 94104-4151 |
| MIDCAP (R5) | 16.79% | 1614114 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP (R5) | 6.60% | 634567 | TIAA, FSB CUST/TTEE FBO: |
|  |  |  | RETIREMENT PLANS FOR WHICH |
|  |  |  | TIAA ACTS AS RECORDKEEPER |
|  |  |  | ATTN: TRUST OPERATIONS |
|  |  |  | 211 N BROADWAY STE 1000 |
|  |  |  | SAINT LOUIS MO 63102-2748 |
| MIDCAP (R6) | 37.78% | 68344941 | EDWARD D JONES & CO |
|  |  |  | FOR THE BENEFIT OF CUSTOMERS |
|  |  |  | 12555 MANCHESTER RD |
|  |  |  | SAINT LOUIS MO 63131-3710 |
| MIDCAP (R6) | 13.49% | 24405277 | MLPF&S FOR THE SOLE |
|  |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR E FL 2 |
|  |  |  | JACKSONVILLE FL 32246-6484 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| MIDCAP (R6) | 8.11% | 14680429 | WELLS FARGO BANK NA |
|  |  |  | FBO OMNIBUS CASH CASH XXXX0 |
|  |  |  | PO BOX 1533 |
|  |  |  | MINNEAPOLIS MN 55480-1533 |
| MIDCAP (R6) | 5.07% | 9177950 | SAXON & CO |
|  |  |  | FBO 40400904099990 |
|  |  |  | PO BOX 94597 |
|  |  |  | CLEVELAND OH 44101-4597 |
| MIDCAP GROWTH (I) | 25.66% | 3482970 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| MIDCAP GROWTH (I) | 13.90% | 1887823 | LPL FINANCIAL |
|  |  |  | OMNIBUS CUSTOMER ACCOUNT |
|  |  |  | ATTN MUTUAL FUND TRADING |
|  |  |  | 4707 EXECUTIVE DR |
|  |  |  | SAN DIEGO CA 92121-3091 |
| MIDCAP GROWTH (I) | 11.55% | 1568654 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP GROWTH (I) | 7.15% | 970963 | NATIONWIDE TRUST COMPANY FSB |
|  |  |  | C/O IPO PORTFOLIO ACCOUNTING |
|  |  |  | PO BOX 182029 |
|  |  |  | COLUMBUS OH 43218-2029 |
| MIDCAP GROWTH (R1) | 81.74% | 125621 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP GROWTH (R1) | 8.42% | 12949 | MID ATLANTIC TRUST COMPANY FBO |
|  |  |  | BRAINLINK INTERNATIONAL INC 401(K) |
|  |  |  | 1251 WATERFRONT PLACE SUITE 525 |
|  |  |  | PITTSBURGH PA 15222-4228 |
| MIDCAP GROWTH (R3) | 33.77% | 778458 | SAMMONS RETIREMENT SOLUTIONS |
|  |  |  | 8300 MILLS CIVIC PKWY |
|  |  |  | WDM IA 50266-3833 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| MIDCAP GROWTH (R3) | 16.50% | 380468 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP GROWTH (R3) | 8.81% | 203060 | PIMS/PRUDENTIAL RETIREMENT |
|  |  |  | AS NOMINEE FOR THE TTEE/CUST PL 900 |
|  |  |  | DEFINED CONTRIBUTION PENSION |
|  |  |  | 23 MAIN STREET SUITE D1 |
|  |  |  | HOLMDEL NJ 07733-2136 |
| MIDCAP GROWTH (R3) | 7.54% | 173921 | PIMS/PRUDENTIAL RETIREMENT |
|  |  |  | AS NOMINEE FOR THE TTEE/CUST PL 900 |
|  |  |  | TAX DEFERRED ANNUITY PLAN OF |
|  |  |  | 23 MAIN STREET SUITE D1 |
|  |  |  | HOLMDEL NJ 07733-2136 |
| MIDCAP GROWTH (R3) | 5.78% | 133401 | FIIOC |
|  |  |  | FBO DEFOE CORP 401K EMPLOYEE SAVINGS PLAN |
|  |  |  | 100 MAGELLAN WAY (KW1C) |
|  |  |  | COVINGTON KY 41015-1987 |
| MIDCAP GROWTH (R4) | 76.55% | 429309 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP GROWTH (R4) | 9.02% | 50618 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO FIRST COUNTY BANK NQ DEF COMP AND SERP |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| MIDCAP GROWTH (R5) | 61.10% | 349530 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP GROWTH (R5) | 14.10% | 80697 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO GRIMMWAY FARMS EXEC DEFERRED COMP |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| MIDCAP GROWTH (R5) | 5.30% | 30354 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO NQ DB OF AAA ARIZONA |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| MIDCAP GROWTH (R5) | 5.26% | 30115 | MID ATLANTIC TRUST COMPANY FBO |
|  |  |  | MATC OMNIBUS DIV REINVEST |
|  |  |  | 1251 WATERFRONT PL STE 525 |
|  |  |  | PITTSBURGH PA 15222-4228 |
| MIDCAP GROWTH III (I) | 37.41% | 39731717 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP GROWTH III (I) | 13.15% | 13969145 | LIFETIME 2030 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING- H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP GROWTH III (I) | 12.60% | 13383694 | LIFETIME 2040 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP GROWTH III (I) | 9.78% | 10394048 | LIFETIME 2050 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP GROWTH III (R1) | 86.63% | 153573 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP GROWTH III (R1) | 8.56% | 15178 | RELIANCE TRUST CO TTEE |
|  |  |  | FBO ADP ACCESS LARGE MARKET 401(K) PLAN |
|  |  |  | 201 17TH ST NW STE 1000 |
|  |  |  | ATLANTA GA 30363-1195 |
| MIDCAP GROWTH III (R3) | 63.76% | 235642 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| MIDCAP GROWTH III (R3) | 16.89% | 62456 | COUNSEL TRUST DBA MATC FBO |
|  |  |  | INTEGRATED LINER TECHNOLOGIES |
|  |  |  | 401 K PROFIT SHARING PLAN & TRUST |
|  |  |  | 1251 WATERFRONT PL STE 525 |
|  |  |  | PITTSBURGH PA 15222-4228 |
| MIDCAP GROWTH III (R4) | 82.57% | 122474 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP GROWTH III (R4) | 6.01% | 8926 | CROSS SALES & ENGINEERING |
|  |  |  | FBO EXEC EXCESS OF CROSS SALES & ENG |
|  |  |  | ATTN JERRY BOHNSACK |
|  |  |  | PO BOX 18508 |
|  |  |  | GREENSBORO NC 27419-8508 |
| MIDCAP GROWTH III (R4) | 5.81% | 8629 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO EXEC 457B OF AMERICAN SOCIETY |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | OF SAFETY ENGINEERS |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| MIDCAP GROWTH III (R5) | 82.33% | 202951 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP GROWTH III (R5) | 8.97% | 22128 | CAMPUS USA CREDIT UNION |
|  |  |  | FBO 457F OF CAMPUS CREDIT UNION |
|  |  |  | ATTN JILL HARPER |
|  |  |  | PO BOX 147029 |
|  |  |  | GAINESVILLE FL 32614-7029 |
| MIDCAP S&P 400 INDEX (I) | 12.21% | 1157113 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP S&P 400 INDEX (I) | 11.31% | 1072495 | LPL FINANCIAL |
|  |  |  | OMNIBUS CUSTOMER ACCOUNT |
|  |  |  | ATTN MUTUAL FUND TRADING |
|  |  |  | 4707 EXECUTIVE DR |
|  |  |  | SAN DIEGO CA 92121-3091 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| MIDCAP S&P 400 INDEX (I) | 8.86% | 839897 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| MIDCAP S&P 400 INDEX (I) | 7.66% | 726476 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FBO CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 211 MAIN STREET |
|  |  |  | SAN FRANCISCO CA 94105-1901 |
| MIDCAP S&P 400 INDEX (I) | 7.39% | 701099 | STATE STREET BANK AND TRUST COMPANY |
|  |  |  | TRUSTEE AND/OR CUSTODIAN |
|  |  |  | FBO ADP ACCESS PRODUCT |
|  |  |  | 1 LINCOLN ST |
|  |  |  | BOSTON MA 02111-2901 |
| MIDCAP S&P 400 INDEX (I) | 5.16% | 489411 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| MIDCAP S&P 400 INDEX (R1) | 52.79% | 150313 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP S&P 400 INDEX (R1) | 7.22% | 20578 | ASCENSUS TRUST COMPANY FBO |
|  |  |  | GXM CONSULTING 401K PLAN 213950 |
|  |  |  | PO BOX 10758 |
|  |  |  | FARGO ND 58106-0758 |
| MIDCAP S&P 400 INDEX (R3) | 41.20% | 1324185 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP S&P 400 INDEX (R4) | 39.51% | 811455 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP S&P 400 INDEX (R4) | 21.17% | 434783 | VOYA INSTITUTIONAL TRUST COMPANY |
|  |  |  | 1 ORANGE WAY |
|  |  |  | WINDSOR CT 06095-4773 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| MIDCAP S&P 400 INDEX (R5) | 54.95% | 2492795 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP S&P 400 INDEX (R6) | 20.40% | 7539616 | DIVERSIFIED GROWTH ACCOUNT |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP S&P 400 INDEX (R6) | 13.18% | 4869378 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP S&P 400 INDEX (R6) | 8.11% | 2998086 | DIVERSIFIED GROWTH VOLATILITY |
|  |  |  | CONTROL ACCOUNT |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP S&P 400 INDEX (R6) | 6.42% | 2372116 | LIFETIME HYBRID 2040 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP S&P 400 INDEX (R6) | 6.30% | 2329500 | LIFETIME HYBRID 2030 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP S&P 400 INDEX (R6) | 5.60% | 2069056 | LIFETIME HYBRID 2035 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP S&P 400 INDEX (R6) | 5.36% | 1981419 | LIFETIME HYBRID 2025 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP VALUE I (A) | 23.61% | 719366 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| MIDCAP VALUE I (I) | 76.43% | 57752138 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| MIDCAP VALUE I (I) | 7.93% | 5996689 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| MIDCAP VALUE I (R1) | 92.30% | 152019 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP VALUE I (R3) | 71.61% | 556331 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP VALUE I (R4) | 66.40% | 416098 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP VALUE I (R4) | 9.97% | 62506 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY ACCT FBO CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 101 MONTGOMERY ST |
|  |  |  | SAN FRANCISCO CA 94104-4151 |
| MIDCAP VALUE I (R4) | 5.65% | 35460 | VRSCO |
|  |  |  | FBO AIGFSB CUST TTEE FBO |
|  |  |  | SLIDELL MEMORIAL 457 DEF COMP PLAN |
|  |  |  | 2727-A ALLEN PARKWAY 4-D1 |
|  |  |  | HOUSTON TX 77019-2107 |
| MIDCAP VALUE I (R5) | 61.64% | 1261991 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP VALUE I (R5) | 5.24% | 107343 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY ACCT FBO CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 101 MONTGOMERY ST |
|  |  |  | SAN FRANCISCO CA 94104-4151 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| MIDCAP VALUE I (R6) | 53.42% | 79504067 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP VALUE I (R6) | 9.42% | 14030304 | LIFETIME 2040 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP VALUE I (R6) | 8.99% | 13383611 | LIFETIME 2030 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING- H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| MIDCAP VALUE I (R6) | 7.31% | 10880108 | LIFETIME 2050 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| OPPORTUNISTIC MUNICIPAL (A) | 25.05% | 1126090 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| OPPORTUNISTIC MUNICIPAL (A) | 16.75% | 752942 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| OPPORTUNISTIC MUNICIPAL (A) | 11.77% | 529047 | AMERICAN ENTERPRISE INVESTMENT SVC |
|  |  |  | FBO #41999970 |
|  |  |  | 707 2ND AVE S |
|  |  |  | MINNEAPOLIS MN 55402-2405 |
| OPPORTUNISTIC MUNICIPAL (A) | 6.90% | 310151 | RAYMOND JAMES |
|  |  |  | OMNIBUS FOR MUTUAL FUNDS |
|  |  |  | HOUSE ACCT FIRM 92500015 |
|  |  |  | ATTN: COURTNEY WALLER |
|  |  |  | 880 CARILLON PKWY |
|  |  |  | ST PETERSBURG FL 33716-1102 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| OPPORTUNISTIC MUNICIPAL (A) | 6.84% | 307739 | RBC CAPITAL MARKETS LLC |
|  |  |  | MUTUAL FUND OMNIBUS PROCESSING OMNIBUS |
|  |  |  | ATTN MUTUAL FUND OPS MANAGER |
|  |  |  | 250 NICOLLET MALL SUITE 1400 |
|  |  |  | MINNEAPOLIS MN 55401-7554 |
| OPPORTUNISTIC MUNICIPAL (I) | 19.31% | 1506802 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| OPPORTUNISTIC MUNICIPAL (I) | 16.69% | 1302407 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| OPPORTUNISTIC MUNICIPAL (I) | 13.32% | 1039751 | RAYMOND JAMES |
|  |  |  | OMNIBUS FOR MUTUAL FUNDS |
|  |  |  | HOUSE ACCT FIRM 92500015 |
|  |  |  | ATTN: COURTNEY WALLER |
|  |  |  | 880 CARILLON PKWY |
|  |  |  | ST PETERSBURG FL 33716-1102 |
| OPPORTUNISTIC MUNICIPAL (I) | 11.55% | 901274 | UBS WM USA |
|  |  |  | 0O0 11011 6100 |
|  |  |  | OMNI ACCOUNT M/F |
|  |  |  | SPEC CDY A/C EBOC UBSFSI |
|  |  |  | 1000 HARBOR BLVD |
|  |  |  | WEEHAWKEN NJ 07086-6761 |
| OPPORTUNISTIC MUNICIPAL (I) | 9.25% | 722422 | TD AMERITRADE INC FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF OUR CLIENTS |
|  |  |  | PO BOX 2226 |
|  |  |  | OMAHA NE 68103-2226 |
| OPPORTUNISTIC MUNICIPAL (I) | 7.76% | 605866 | LPL FINANCIAL |
|  |  |  | OMNIBUS CUSTOMER ACCOUNT |
|  |  |  | ATTN MUTUAL FUND TRADING |
|  |  |  | 4707 EXECUTIVE DR |
|  |  |  | SAN DIEGO CA 92121-3091 |
| OPPORTUNISTIC MUNICIPAL (I) | 7.52% | 587308 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| ORIGIN EMERGING MARKETS (A) | 45.11% | 241753 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| ORIGIN EMERGING MARKETS (I) | 45.60% | 4332075 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| ORIGIN EMERGING MARKETS (I) | 22.76% | 2162043 | TD AMERITRADE INC FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF OUR CLIENTS |
|  |  |  | PO BOX 2226 |
|  |  |  | OMAHA NE 68103-2226 |
| ORIGIN EMERGING MARKETS (I) | 15.04% | 1429481 | CAPINCO C/O US BANK NA |
|  |  |  | 1555 N RIVERCENTER DR STE 302 |
|  |  |  | MILWAUKEE WI 53212-3958 |
| ORIGIN EMERGING MARKETS (I) | 9.44% | 897100 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FBO CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 211 MAIN ST |
|  |  |  | SAN FRANCISCO CA 94105-1901 |
| ORIGIN EMERGING MARKETS (R6) | 35.76% | 92382873 | PRINCIPAL GLOBAL INVESTORS TRUST CO |
|  |  |  | PRINCIPAL LIFETIME HYBRID |
|  |  |  | COLLECTIVE INVESTMENT FUNDS |
|  |  |  | 1300 SW 5TH AVE STE 3300 |
|  |  |  | PORTLAND OR 97201-5640 |
| ORIGIN EMERGING MARKETS (R6) | 11.83% | 30564962 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| ORIGIN EMERGING MARKETS (R6) | 6.86% | 17722921 | SAM BALANCED PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING - H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| ORIGIN EMERGING MARKETS (R6) | 6.34% | 16402058 | SAM CONS GROWTH PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| ORIGIN EMERGING MARKETS (R6) | 5.55% | 14357377 | SAM STRATEGIC GROWTH PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| OVERSEAS (I) | 17.66% | 37683011 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| OVERSEAS (I) | 11.94% | 25484894 | LIFETIME 2040 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| OVERSEAS (I) | 11.38% | 24297871 | LIFETIME 2030 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING- H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| OVERSEAS (I) | 10.52% | 22457121 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| OVERSEAS (I) | 9.22% | 19679895 | LIFETIME 2050 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| OVERSEAS (R3) | 75.29% | 47179 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO DUPAGE INTERNAL MEDICINE LLC |
|  |  |  | 228 OXFORD AVE |
|  |  |  | CLARENDON HLS IL 60514-2807 |
| OVERSEAS (R3) | 19.37% | 12139 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| OVERSEAS (R4) | 99.39% | 70569 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL CAPITAL APPRECIATION (A) | 34.48% | 6601881 | J. P. MORGAN SECURITIES LLC |
|  |  |  | FBO EXCLUSIVE BENEFIT OF OUR CUST |
|  |  |  | 4 CHASE METROTECH CTR |
|  |  |  | BROOKLYN NY 11245-0003 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL CAPITAL APPRECIATION (A) | 7.76% | 1486453 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| PRINCIPAL CAPITAL APPRECIATION (C) | 16.93% | 117030 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| PRINCIPAL CAPITAL APPRECIATION (C) | 8.39% | 58031 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| PRINCIPAL CAPITAL APPRECIATION (C) | 5.73% | 39621 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| PRINCIPAL CAPITAL APPRECIATION (I) | 23.58% | 8541420 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL CAPITAL APPRECIATION (I) | 16.11% | 5836093 | SAM BALANCED PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING - H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL CAPITAL APPRECIATION (I) | 14.96% | 5419570 | SAM CONS GROWTH PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL CAPITAL APPRECIATION (I) | 11.95% | 4328154 | SAM STRATEGIC GROWTH PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL CAPITAL APPRECIATION (I) | 7.33% | 2654884 | AMERICAN ENTERPRISE INVESTMENT SVC |
|  |  |  | FBO #41999970 |
|  |  |  | 707 2ND AVE S |
|  |  |  | MINNEAPOLIS MN 55402-2405 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL CAPITAL APPRECIATION (R1) | 87.52% | 22138 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL CAPITAL APPRECIATION (R1) | 9.41% | 2381 | LAKEWOOD RESOURCE & REFERRAL CENTER |
|  |  |  | FBO 457B OF LAKEWOOD RESOURCE & REFERRAL |
|  |  |  | ATTN MIRIAM MILSTEIN |
|  |  |  | 1771 MADISON AVE |
|  |  |  | LAKEWOOD NJ 08701-1242 |
| PRINCIPAL CAPITAL APPRECIATION (R3) | 49.80% | 172672 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL CAPITAL APPRECIATION (R3) | 41.78% | 144874 | SAMMONS RETIREMENT SOLUTIONS |
|  |  |  | 8300 MILLS CIVIC PKWY |
|  |  |  | WDM IA 50266-3833 |
| PRINCIPAL CAPITAL APPRECIATION (R4) | 89.51% | 132669 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL CAPITAL APPRECIATION (R5) | 86.99% | 459775 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL LIFETIME 2010 (A) | 21.83% | 471480 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| PRINCIPAL LIFETIME 2010 (A) | 5.53% | 119514 | PRINCIPAL LIFE INSURANCE CO CUST |
|  |  |  | IRA WILLIAM J HENNESSEY |
|  |  |  | 1 FOREST HILLS BLVD |
|  |  |  | RENSSELAER NY 12144-5831 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL LIFETIME 2010 (A) | 5.07% | 109552 | MICHAEL E VER STEEG & |
|  |  |  | WILLIAM R VER STEEG TTEES |
|  |  |  | EUGENE D AND BEVERLY C VER STEEG |
|  |  |  | LEGACY TRUST UA DTD 12/31/2012 |
|  |  |  | 1819 250TH ST |
|  |  |  | INWOOD IA 51240-7726 |
| PRINCIPAL LIFETIME 2010 (I) | 86.78% | 23797292 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2010 (I) | 9.87% | 2707474 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2010 (R1) | 99.94% | 253602 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2010 (R3) | 91.26% | 1164726 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2010 (R4) | 57.56% | 233279 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2010 (R4) | 29.23% | 118479 | RANGER PIPELINES INCORPORATED |
|  |  |  | FBO RANGER PIPELINES INC NQ EXCESS PLAN |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | 1790 YOSEMITE AVE |
|  |  |  | SAN FRANCISCO CA 94124-2622 |
| PRINCIPAL LIFETIME 2010 (R5) | 83.04% | 1027461 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL LIFETIME 2010 (R5) | 7.62% | 94316 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO EXEC 457B OF SANFORD HEALTH |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| PRINCIPAL LIFETIME 2015 (I) | 87.16% | 24034912 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2015 (I) | 11.43% | 3151686 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2015 (R1) | 98.31% | 264839 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2015 (R3) | 98.33% | 2236490 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2015 (R4) | 97.55% | 1006301 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2015 (R5) | 91.40% | 2067543 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2015 (R5) | 5.57% | 126184 | MAPS CREDIT UNION |
|  |  |  | ATTN BARBARA CECIL |
|  |  |  | FBO 457B DEF COMP OF MAPS CU |
|  |  |  | 1900 HINES STREET NW PO BOX 12398 |
|  |  |  | SALEM OR 97309-0398 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL LIFETIME 2020 (A) | 16.74% | 1309531 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| PRINCIPAL LIFETIME 2020 (I) | 86.86% | 123624555 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2020 (I) | 10.36% | 14756671 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2020 (R1) | 96.68% | 1003339 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2020 (R3) | 90.43% | 5782257 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2020 (R4) | 91.86% | 2437226 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2020 (R5) | 84.40% | 7452014 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2020 (R5) | 6.68% | 590251 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO EXEC 457B OF SANFORD HEALTH |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL LIFETIME 2025 (I) | 86.20% | 112976103 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2025 (I) | 12.46% | 16338068 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2025 (R1) | 96.16% | 670663 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2025 (R3) | 93.31% | 8917260 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2025 (R4) | 83.71% | 3557328 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2025 (R5) | 91.35% | 7812270 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2030 (A) | 15.55% | 1637844 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| PRINCIPAL LIFETIME 2030 (I) | 88.11% | 251972038 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL LIFETIME 2030 (I) | 9.10% | 26025640 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2030 (R1) | 93.21% | 1285563 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2030 (R3) | 90.79% | 9094424 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2030 (R4) | 78.83% | 3264517 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2030 (R5) | 85.14% | 12687562 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2030 (R5) | 5.49% | 819480 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO EXEC 457B OF SANFORD HEALTH |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| PRINCIPAL LIFETIME 2035 (I) | 85.86% | 106751195 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2035 (I) | 12.16% | 15118983 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL LIFETIME 2035 (R1) | 99.99% | 635528 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2035 (R3) | 96.94% | 7857090 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2035 (R4) | 83.94% | 2737932 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2035 (R5) | 91.56% | 6770867 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2040 (A) | 12.76% | 993130 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| PRINCIPAL LIFETIME 2040 (I) | 87.45% | 178166162 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2040 (I) | 9.82% | 20012196 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2040 (R1) | 92.12% | 853818 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL LIFETIME 2040 (R1) | 5.97% | 55343 | RELIANCE TRUST CO TTEE |
|  |  |  | FBO ADP ACCESS LARGE MARKET 401(K) PLAN |
|  |  |  | 201 17TH ST NW STE 1000 |
|  |  |  | ATLANTA GA 30363-1195 |
| PRINCIPAL LIFETIME 2040 (R3) | 94.23% | 6866778 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2040 (R4) | 89.08% | 2883653 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2040 (R5) | 86.31% | 9474595 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2040 (R5) | 8.06% | 885825 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO EXEC 457B OF SANFORD HEALTH |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| PRINCIPAL LIFETIME 2045 (I) | 82.33% | 74631997 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2045 (I) | 15.83% | 14349218 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2045 (R1) | 98.38% | 356696 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL LIFETIME 2045 (R3) | 98.65% | 5845434 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2045 (R4) | 93.27% | 1852300 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2045 (R5) | 95.73% | 5268537 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2050 (A) | 14.41% | 920192 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| PRINCIPAL LIFETIME 2050 (I) | 85.16% | 123930761 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2050 (I) | 12.24% | 17823734 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2050 (R1) | 94.18% | 746596 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2050 (R1) | 5.53% | 43844 | RELIANCE TRUST CO TTEE |
|  |  |  | FBO ADP ACCESS LARGE MARKET 401(K) PLAN |
|  |  |  | 201 17TH ST NW STE 1000 |
|  |  |  | ATLANTA GA 30363-1195 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL LIFETIME 2050 (R3) | 97.93% | 5231186 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2050 (R4) | 92.15% | 2319086 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2050 (R5) | 89.39% | 5913959 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2050 (R5) | 5.58% | 369364 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO EXEC 457B OF SANFORD HEALTH |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| PRINCIPAL LIFETIME 2055 (I) | 82.61% | 41665552 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2055 (I) | 14.68% | 7405411 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2055 (R1) | 96.21% | 236585 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2055 (R3) | 98.80% | 3113009 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL LIFETIME 2055 (R4) | 97.77% | 1073887 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2055 (R5) | 94.00% | 2526946 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2060 (I) | 87.45% | 39804839 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2060 (I) | 9.87% | 4496213 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2060 (R1) | 93.60% | 187993 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2060 (R1) | 6.39% | 12852 | RELIANCE TRUST CO TTEE |
|  |  |  | FBO ADP ACCESS LARGE MARKET 401(K) PLAN |
|  |  |  | 201 17TH ST NW STE 1000 |
|  |  |  | ATLANTA GA 30363-1195 |
| PRINCIPAL LIFETIME 2060 (R3) | 97.88% | 1487872 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2060 (R4) | 95.36% | 428172 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL LIFETIME 2060 (R5) | 91.19% | 1651212 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2065 (I) | 89.10% | 7608452 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2065 (I) | 9.05% | 772762 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2065 (R1) | 100.00% | 27798 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2065 (R3) | 93.46% | 423371 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2065 (R4) | 83.84% | 107466 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME 2065 (R4) | 13.38% | 17151 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO ISS FACILITY SERVICES HLDNG INC EX DC PLN |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| PRINCIPAL LIFETIME 2065 (R5) | 95.67% | 339934 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL LIFETIME HYBRID 2015 (I) | 79.41% | 1334917 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID 2015 (I) | 11.20% | 188355 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| PRINCIPAL LIFETIME HYBRID 2015 (I) | 5.49% | 92341 | MINNESOTA LIFE INSURANCE COMPANY |
|  |  |  | 400 ROBERT ST N STE A |
|  |  |  | SAINT PAUL MN 55101-2099 |
| PRINCIPAL LIFETIME HYBRID 2015 (R6) | 86.92% | 3924035 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID 2020 (I) | 57.94% | 2241729 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID 2020 (I) | 23.63% | 914495 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| PRINCIPAL LIFETIME HYBRID 2020 (I) | 8.21% | 317816 | MINNESOTA LIFE INSURANCE COMPANY |
|  |  |  | 400 ROBERT ST N STE A |
|  |  |  | SAINT PAUL MN 55101-2099 |
| PRINCIPAL LIFETIME HYBRID 2020 (R6) | 89.83% | 15967403 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID 2025 (I) | 60.61% | 3586484 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL LIFETIME HYBRID 2025 (I) | 22.98% | 1359868 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| PRINCIPAL LIFETIME HYBRID 2025 (I) | 5.54% | 327784 | FIIOC |
|  |  |  | FBO BRADY TRANE SERVICE INC 401K PLAN AND TRUST |
|  |  |  | 100 MAGELLAN WAY (KW1C) |
|  |  |  | COVINGTON KY 41015-1987 |
| PRINCIPAL LIFETIME HYBRID 2025 (R6) | 87.74% | 14899689 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID 2030 (I) | 55.90% | 3995672 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID 2030 (I) | 23.11% | 1651944 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| PRINCIPAL LIFETIME HYBRID 2030 (I) | 9.61% | 687140 | FIIOC |
|  |  |  | FBO BRADY TRANE SERVICE INC 401K PLAN AND TRUST |
|  |  |  | 100 MAGELLAN WAY (KW1C) |
|  |  |  | COVINGTON KY 41015-1987 |
| PRINCIPAL LIFETIME HYBRID 2030 (R6) | 83.08% | 18804794 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID 2030 (R6) | 7.22% | 1635767 | BANKERS TRUST COMPANY |
|  |  |  | FBO PRIN SELECT SVNG EXCESS PLAN |
|  |  |  | ATTN MARK HARRISON FOR EES |
|  |  |  | 453 7TH ST PO BOX 897 |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL LIFETIME HYBRID 2030 (R6) | 5.34% | 1209398 | TIAA, FSB CUST/TTEE FBO: |
|  |  |  | RETIREMENT PLANS FOR WHICH |
|  |  |  | TIAA ACTS AS RECORDKEEPER |
|  |  |  | ATTN: TRUST OPERATIONS |
|  |  |  | 211 N BROADWAY STE 1000 |
|  |  |  | SAINT LOUIS MO 63102-2748 |
| PRINCIPAL LIFETIME HYBRID 2035 (I) | 57.06% | 3509289 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID 2035 (I) | 23.99% | 1475695 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| PRINCIPAL LIFETIME HYBRID 2035 (I) | 7.65% | 470565 | FIIOC |
|  |  |  | FBO BRADY TRANE SERVICE INC 401K PLAN AND TRUST |
|  |  |  | 100 MAGELLAN WAY (KW1C) |
|  |  |  | COVINGTON KY 41015-1987 |
| PRINCIPAL LIFETIME HYBRID 2035 (R6) | 82.73% | 12996220 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID 2035 (R6) | 8.22% | 1291404 | TIAA, FSB CUST/TTEE FBO: |
|  |  |  | RETIREMENT PLANS FOR WHICH |
|  |  |  | TIAA ACTS AS RECORDKEEPER |
|  |  |  | ATTN: TRUST OPERATIONS |
|  |  |  | 211 N BROADWAY STE 1000 |
|  |  |  | SAINT LOUIS MO 63102-2748 |
| PRINCIPAL LIFETIME HYBRID 2040 (I) | 60.68% | 3122007 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID 2040 (I) | 19.37% | 996770 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL LIFETIME HYBRID 2040 (I) | 7.54% | 388102 | MINNESOTA LIFE INSURANCE COMPANY |
|  |  |  | 400 ROBERT ST N STE A |
|  |  |  | SAINT PAUL MN 55101-2099 |
| PRINCIPAL LIFETIME HYBRID 2040 (I) | 5.76% | 296658 | FIIOC |
|  |  |  | FBO BRADY TRANE SERVICE INC 401K PLAN AND TRUST |
|  |  |  | 100 MAGELLAN WAY (KW1C) |
|  |  |  | COVINGTON KY 41015-1987 |
| PRINCIPAL LIFETIME HYBRID 2040 (R6) | 83.63% | 14130453 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID 2040 (R6) | 8.64% | 1461312 | TIAA, FSB CUST/TTEE FBO: |
|  |  |  | RETIREMENT PLANS FOR WHICH |
|  |  |  | TIAA ACTS AS RECORDKEEPER |
|  |  |  | ATTN: TRUST OPERATIONS |
|  |  |  | 211 N BROADWAY STE 1000 |
|  |  |  | SAINT LOUIS MO 63102-2748 |
| PRINCIPAL LIFETIME HYBRID 2045 (I) | 60.79% | 2552434 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID 2045 (I) | 23.14% | 971666 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| PRINCIPAL LIFETIME HYBRID 2045 (I) | 8.28% | 347677 | FIIOC |
|  |  |  | FBO BRADY TRANE SERVICE INC 401K PLAN AND TRUST |
|  |  |  | 100 MAGELLAN WAY (KW1C) |
|  |  |  | COVINGTON KY 41015-1987 |
| PRINCIPAL LIFETIME HYBRID 2045 (R6) | 86.92% | 9356617 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID 2045 (R6) | 8.97% | 966308 | TIAA, FSB CUST/TTEE FBO: |
|  |  |  | RETIREMENT PLANS FOR WHICH |
|  |  |  | TIAA ACTS AS RECORDKEEPER |
|  |  |  | ATTN: TRUST OPERATIONS |
|  |  |  | 211 N BROADWAY STE 1000 |
|  |  |  | SAINT LOUIS MO 63102-2748 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL LIFETIME HYBRID 2050 (I) | 61.52% | 2054992 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID 2050 (I) | 24.23% | 809420 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| PRINCIPAL LIFETIME HYBRID 2050 (I) | 6.51% | 217504 | MINNESOTA LIFE INSURANCE COMPANY |
|  |  |  | 400 ROBERT ST N STE A |
|  |  |  | SAINT PAUL MN 55101-2099 |
| PRINCIPAL LIFETIME HYBRID 2050 (I) | 5.05% | 168776 | FIIOC |
|  |  |  | FBO BRADY TRANE SERVICE INC 401K PLAN AND TRUST |
|  |  |  | 100 MAGELLAN WAY (KW1C) |
|  |  |  | COVINGTON KY 41015-1987 |
| PRINCIPAL LIFETIME HYBRID 2050 (R6) | 90.92% | 8864502 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID 2050 (R6) | 5.14% | 501172 | TIAA, FSB CUST/TTEE FBO: |
|  |  |  | RETIREMENT PLANS FOR WHICH |
|  |  |  | TIAA ACTS AS RECORDKEEPER |
|  |  |  | ATTN: TRUST OPERATIONS |
|  |  |  | 211 N BROADWAY STE 1000 |
|  |  |  | SAINT LOUIS MO 63102-2748 |
| PRINCIPAL LIFETIME HYBRID 2055 (I) | 60.46% | 1246333 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID 2055 (I) | 26.61% | 548459 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| PRINCIPAL LIFETIME HYBRID 2055 (I) | 5.57% | 115007 | MINNESOTA LIFE INSURANCE COMPANY |
|  |  |  | 400 ROBERT ST N STE A |
|  |  |  | SAINT PAUL MN 55101-2099 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL LIFETIME HYBRID 2055 (I) | 5.57% | 114805 | FIIOC |
|  |  |  | FBO BRADY TRANE SERVICE INC 401K PLAN AND TRUST |
|  |  |  | 100 MAGELLAN WAY (KW1C) |
|  |  |  | COVINGTON KY 41015-1987 |
| PRINCIPAL LIFETIME HYBRID 2055 (R6) | 93.15% | 4686985 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID 2060 (I) | 48.97% | 407119 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID 2060 (I) | 28.53% | 237202 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| PRINCIPAL LIFETIME HYBRID 2060 (I) | 10.68% | 88818 | MINNESOTA LIFE INSURANCE COMPANY |
|  |  |  | 400 ROBERT ST N STE A |
|  |  |  | SAINT PAUL MN 55101-2099 |
| PRINCIPAL LIFETIME HYBRID 2060 (I) | 9.43% | 78427 | FIIOC |
|  |  |  | FBO BRADY TRANE SERVICE INC 401K PLAN AND TRUST |
|  |  |  | 100 MAGELLAN WAY (KW1C) |
|  |  |  | COVINGTON KY 41015-1987 |
| PRINCIPAL LIFETIME HYBRID 2060 (R6) | 86.86% | 1989383 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID 2065 (I) | 79.18% | 91271 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID 2065 (I) | 10.40% | 11994 | MINNESOTA LIFE INSURANCE COMPANY |
|  |  |  | 400 ROBERT ST N STE A |
|  |  |  | SAINT PAUL MN 55101-2099 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL LIFETIME HYBRID 2065 (R6) | 84.47% | 598193 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID INCOME (I) | 60.86% | 728277 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID INCOME (I) | 18.84% | 225452 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO FBL FINANCIAL GROUP DEF COMP PLAN |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| PRINCIPAL LIFETIME HYBRID INCOME (I) | 15.93% | 190720 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| PRINCIPAL LIFETIME HYBRID INCOME (R6) | 82.51% | 2995849 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME HYBRID INCOME (R6) | 6.55% | 238118 | BANKERS TRUST COMPANY |
|  |  |  | FBO PRIN SELECT SVNG EXCESS PLAN |
|  |  |  | ATTN MARK HARRISON FOR EES |
|  |  |  | 453 7TH ST PO BOX 897 |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME STRATEGIC | 18.44% | 278062 | NATIONAL FINANCIAL SERVICES LLC |
| INCOME (A) |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| PRINCIPAL LIFETIME STRATEGIC | 89.57% | 20591709 | PRINCIPAL LIFE INS COMPANY CUST |
| INCOME (I) |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| PRINCIPAL LIFETIME STRATEGIC | 6.49% | 1492588 | DCGT AS TTEE AND/OR CUST |
| INCOME (I) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME STRATEGIC | 99.43% | 166487 | DCGT AS TTEE AND/OR CUST |
| INCOME (R1) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME STRATEGIC | 87.79% | 662440 | DCGT AS TTEE AND/OR CUST |
| INCOME R3) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME STRATEGIC | 65.97% | 207815 | DCGT AS TTEE AND/OR CUST |
| INCOME (R4) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME STRATEGIC | 12.98% | 40908 | PRINCIPAL TRUST COMPANY |
| INCOME (R4) |  |  | FBO CRST INTL NQ PLAN |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| PRINCIPAL LIFETIME STRATEGIC | 67.25% | 587770 | DCGT AS TTEE AND/OR CUST |
| INCOME (R5) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| PRINCIPAL LIFETIME STRATEGIC | 9.48% | 82870 | PRINCIPAL TRUST COMPANY |
| INCOME (R5) |  |  | FBO EXEC 457B OF SANFORD HEALTH |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| PRINCIPAL LIFETIME STRATEGIC | 8.73% | 76327 | BANKERS TRUST COMPANY |
| INCOME (R5) |  |  | FBO EXEC DEF PLAN OF ALION SCIENCE & TECH |
|  |  |  | ATTN DEBBIE WILLIAMS |
|  |  |  | 453 7TH ST |
|  |  |  | DES MOINES IA 50309-4110 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| REAL ESTATE SECURITIES (A) | 23.59% | 2591201 | MLPF&S FOR THE SOLE |
|  |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR EAST 3RD FL |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| REAL ESTATE SECURITIES (A) | 12.68% | 1392561 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| REAL ESTATE SECURITIES (A) | 6.64% | 730017 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| REAL ESTATE SECURITIES (A) | 5.42% | 595430 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| REAL ESTATE SECURITIES (C) | 27.42% | 279871 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| REAL ESTATE SECURITIES (C) | 15.32% | 156355 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| REAL ESTATE SECURITIES (C) | 14.96% | 152729 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| REAL ESTATE SECURITIES (C) | 6.52% | 66636 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| REAL ESTATE SECURITIES (I) | 30.64% | 35779609 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| REAL ESTATE SECURITIES (I) | 20.15% | 23539404 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| REAL ESTATE SECURITIES (I) | 7.53% | 8797785 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FOR THE |
|  |  |  | BENIFIT OF CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 101 MONTGOMERY ST |
|  |  |  | SAN FRANCISCO CA 94104-4151 |
| REAL ESTATE SECURITIES (I) | 6.05% | 7067299 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| REAL ESTATE SECURITIES (I) | 5.33% | 6225094 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| REAL ESTATE SECURITIES (R1) | 63.84% | 56511 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| REAL ESTATE SECURITIES (R1) | 10.46% | 9260 | MG TRUST COMPANY CUST |
|  |  |  | FBO LIOKAREAS CONSTRUCTION CO |
|  |  |  | 717 17TH ST STE 1300 |
|  |  |  | DENVER CO 80202-3304 |
| REAL ESTATE SECURITIES (R1) | 7.71% | 6824 | STATE STREET BANK AND TRUST COMPANY |
|  |  |  | TRUSTEE AND/OR CUSTODIAN |
|  |  |  | FBO ADP ACCESS PRODUCT |
|  |  |  | 1 LINCOLN ST |
|  |  |  | BOSTON MA 02111-2901 |
| REAL ESTATE SECURITIES (R1) | 6.14% | 5440 | ASCENSUS TRUST COMPANY FBO |
|  |  |  | BROADMOOR GOLF CLUB 401K RETIREME |
|  |  |  | PO BOX 10758 |
|  |  |  | FARGO ND 58106-0758 |
| REAL ESTATE SECURITIES (R1) | 5.69% | 5043 | FIIOC |
|  |  |  | FBO CABLE CONNECTION & SUPPLY |
|  |  |  | CO INC PROFIT SHARING PLAN & TRUST |
|  |  |  | 100 MAGELLAN WAY |
|  |  |  | COVINGTON KY 41015-1987 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| REAL ESTATE SECURITIES (R3) | 24.88% | 323983 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| REAL ESTATE SECURITIES (R3) | 20.82% | 271162 | STATE STREET BANK AND TRUST COMPANY |
|  |  |  | TRUSTEE AND/OR CUSTODIAN |
|  |  |  | FBO ADP ACCESS PRODUCT |
|  |  |  | 1 LINCOLN ST |
|  |  |  | BOSTON MA 02111-2901 |
| REAL ESTATE SECURITIES (R3) | 6.44% | 83870 | SAMMONS RETIREMENT SOLUTIONS |
|  |  |  | 8300 MILLS CIVIC PKWY |
|  |  |  | WDM IA 50266-3833 |
| REAL ESTATE SECURITIES (R3) | 6.07% | 79129 | TIAA, FSB CUST/TTEE FBO: |
|  |  |  | RETIREMENT PLANS FOR WHICH |
|  |  |  | TIAA ACTS AS RECORDKEEPER |
|  |  |  | ATTN: TRUST OPERATIONS |
|  |  |  | 211 N BROADWAY STE 1000 |
|  |  |  | SAINT LOUIS MO 63102-2748 |
| REAL ESTATE SECURITIES (R4) | 30.52% | 209057 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| REAL ESTATE SECURITIES (R4) | 15.51% | 106242 | EMPOWER TRUST FBO |
|  |  |  | EMPOWER BENEFIT PLANS |
|  |  |  | 8515 E ORCHARD RD 2T2 |
|  |  |  | GREENWOOD VILLAGE CO 80111-5002 |
| REAL ESTATE SECURITIES (R4) | 10.41% | 71363 | EMPOWER TRUST FBO |
|  |  |  | EMPLOYEE BENEFITS CLIENTS 401K |
|  |  |  | 8515 E ORCHARD RD 2T2 |
|  |  |  | GREENWOOD VILLAGE CO 80111-5002 |
| REAL ESTATE SECURITIES (R4) | 6.97% | 47766 | EMPOWER TRUST FBO |
|  |  |  | EMPOWER BENEFIT PLANS |
|  |  |  | 8515 E ORCHARD RD 2T2 |
|  |  |  | GREENWOOD VILLAGE CO 80111-5002 |
| REAL ESTATE SECURITIES (R4) | 6.92% | 47435 | STATE STREET BANK AND TRUST COMPANY |
|  |  |  | TRUSTEE AND/OR CUSTODIAN |
|  |  |  | FBO ADP ACCESS PRODUCT |
|  |  |  | 1 LINCOLN ST |
|  |  |  | BOSTON MA 02111-2901 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| REAL ESTATE SECURITIES (R5) | 38.15% | 1371302 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| REAL ESTATE SECURITIES (R5) | 7.53% | 270760 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| REAL ESTATE SECURITIES (R5) | 6.77% | 243633 | EMPOWER TRUST FBO |
|  |  |  | EMPOWER BENEFIT PLANS |
|  |  |  | 8515 E ORCHARD RD 2T2 |
|  |  |  | GREENWOOD VILLAGE CO 80111-5002 |
| REAL ESTATE SECURITIES (R5) | 5.83% | 209678 | MATRIX TRUST COMPANY COTRUSTEE FBO |
|  |  |  | SOUTHERN CALIFORNIA SHEET METAL WOR |
|  |  |  | PO BOX 52129 |
|  |  |  | PHOENIX AZ 85072-2129 |
| REAL ESTATE SECURITIES (R6) | 22.09% | 16188898 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| REAL ESTATE SECURITIES (R6) | 7.70% | 5642802 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| REAL ESTATE SECURITIES (R6) | 7.40% | 5422787 | WELLS FARGO BANK NA |
|  |  |  | PO BOX 1533 |
|  |  |  | MINNEAPOLIS MN 55480-1533 |
| REAL ESTATE SECURITIES (R6) | 6.50% | 4762395 | LIFETIME 2030 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING- H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| REAL ESTATE SECURITIES (R6) | 5.07% | 3717556 | LIFETIME 2040 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM BALANCED PORTFOLIO (A) | 17.19% | 24881872 | J. P. MORGAN SECURITIES LLC |
|  |  |  | FBO EXCLUSIVE BENEFIT OF OUR CUST |
|  |  |  | 4 CHASE METROTECH CTR |
|  |  |  | BROOKLYN NY 11245-0003 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SAM BALANCED PORTFOLIO (A) | 15.87% | 22974562 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SAM BALANCED PORTFOLIO (A) | 5.35% | 7754971 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| SAM BALANCED PORTFOLIO (C) | 22.70% | 2852999 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SAM BALANCED PORTFOLIO (C) | 10.43% | 1310961 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| SAM BALANCED PORTFOLIO (C) | 6.47% | 813888 | LPL FINANCIAL |
|  |  |  | OMNIBUS CUSTOMER ACCOUNT |
|  |  |  | ATTN MUTUAL FUND TRADING |
|  |  |  | 4707 EXECUTIVE DR |
|  |  |  | SAN DIEGO CA 92121-3091 |
| SAM BALANCED PORTFOLIO (I) | 80.74% | 40636599 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM BALANCED PORTFOLIO (I) | 6.89% | 3471186 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM BALANCED PORTFOLIO (R1) | 84.54% | 144788 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM BALANCED PORTFOLIO (R1) | 7.55% | 12934 | STIFEL NICOLAUS & CO INC |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMERS |
|  |  |  | 501 N BROADWAY |
|  |  |  | SAINT LOUIS MO 63102-2188 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SAM BALANCED PORTFOLIO (R3) | 64.18% | 930225 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM BALANCED PORTFOLIO (R3) | 6.42% | 93066 | PRINCIPAL TRUST COMPANY |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | FBO V K KNOWLTON DEF COMP PLAN |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| SAM BALANCED PORTFOLIO (R3) | 6.41% | 93013 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO SOUTHEASTERN PLUMBING AND |
|  |  |  | HEATING INC CASH BALANCE PLAN |
|  |  |  | 300 W 23RD ST |
|  |  |  | CHARLOTTE NC 28206-3107 |
| SAM BALANCED PORTFOLIO (R3) | 5.74% | 83295 | CBNA AS CUSTODIAN FBO |
|  |  |  | CITY OF OCOEE VEBA HEALTH SAVINGS P |
|  |  |  | 6 RHOADS DR STE 7 |
|  |  |  | UTICA NY 13502-6317 |
| SAM BALANCED PORTFOLIO (R4) | 56.51% | 451570 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM BALANCED PORTFOLIO (R4) | 30.92% | 247064 | MATRIX TRUST CO AS AGENT FBO |
|  |  |  | PRO-SET INC FINANCIAL SECURITY TRUS |
|  |  |  | PO BOX 52129 |
|  |  |  | PHOENIX AZ 85072-2129 |
| SAM BALANCED PORTFOLIO (R5) | 94.20% | 2178745 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM CONSERVATIVE BALANCED | 18.95% | 9177679 | NATIONAL FINANCIAL SERVICES LLC |
| PORTFOLIO (A) |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SAM CONSERVATIVE BALANCED | 7.59% | 3676611 | J. P. MORGAN SECURITIES LLC |
| PORTFOLIO (A) |  |  | FBO EXCLUSIVE BENEFIT OF OUR CUST |
|  |  |  | 4 CHASE METROTECH CTR |
|  |  |  | BROOKLYN NY 11245-0003 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SAM CONSERVATIVE BALANCED | 6.60% | 3199586 | PERSHING LLC |
| PORTFOLIO (A) |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| SAM CONSERVATIVE BALANCED | 20.42% | 1294422 | WELLS FARGO CLEARING SERVICES LLC |
| PORTFOLIO (C) |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| SAM CONSERVATIVE BALANCED | 17.92% | 1136008 | NATIONAL FINANCIAL SERVICES LLC |
| PORTFOLIO (C) |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SAM CONSERVATIVE BALANCED | 5.07% | 321764 | LPL FINANCIAL |
| PORTFOLIO (C) |  |  | OMNIBUS CUSTOMER ACCOUNT |
|  |  |  | ATTN MUTUAL FUND TRADING |
|  |  |  | 4707 EXECUTIVE DR |
|  |  |  | SAN DIEGO CA 92121-3091 |
| SAM CONSERVATIVE BALANCED | 80.49% | 15599497 | PRINCIPAL LIFE INS COMPANY CUST |
| PORTFOLIO (I) |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM CONSERVATIVE BALANCED | 56.31% | 80163 | DCGT AS TTEE AND/OR CUST |
| PORTFOLIO (R1) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM CONSERVATIVE BALANCED | 33.24% | 47317 | PRINCIPAL TRUST COMPANY |
| PORTFOLIO (R1) |  |  | FBO DEV MEDICAL ASSOCIATES SC CASH |
|  |  |  | BALANCE PENSION PLAN |
|  |  |  | 5600 W ADDISON ST STE 400 |
|  |  |  | CHICAGO IL 60634-4400 |
| SAM CONSERVATIVE BALANCED | 6.58% | 9378 | PAI TRUST COMPANY INC |
| PORTFOLIO (R1) |  |  | PARAMOUNT CONSTRUCTION GROUP INC 40 |
|  |  |  | 1300 ENTERPRISE DRIVE |
|  |  |  | DE PERE WI 54115-4934 |
| SAM CONSERVATIVE BALANCED | 66.57% | 555338 | DCGT AS TTEE AND/OR CUST |
| PORTFOLIO (R3) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SAM CONSERVATIVE BALANCED | 8.30% | 69266 | DANCKER SELLEW & DOUGLAS INC |
| PORTFOLIO (R3) |  |  | FBO DANCKER SELLEW & DOUGLAS INC |
|  |  |  | SUPP EXEC RET |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | 291 EVANS WAY |
|  |  |  | SOMMERVILLE NJ 08876-3766 |
| SAM CONSERVATIVE BALANCED | 5.11% | 42632 | CHANNELL COMMERCIAL CORPORATION |
| PORTFOLIO (R3) |  |  | ATTN PLAN TRUSTEE |
|  |  |  | FBO CHANNELL COMM CORP NQ DEF COMP |
|  |  |  | 26040 YNEX RD |
|  |  |  | TEMECULA CA 92591-6033 |
| SAM CONSERVATIVE BALANCED | 39.25% | 398959 | DCGT AS TTEE AND/OR CUST |
| PORTFOLIO (R4) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM CONSERVATIVE BALANCED | 32.84% | 333835 | PRINCIPAL TRUST COMPANY |
| PORTFOLIO (R4) |  |  | FBO B&G AND AFFILIATES EXEC RET PLAN |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| SAM CONSERVATIVE BALANCED | 16.97% | 172511 | PRINCIPAL TRUST COMPANY |
| PORTFOLIO (R4) |  |  | FBO BURWELL DC PLAN |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| SAM CONSERVATIVE BALANCED | 72.63% | 1305419 | DCGT AS TTEE AND/OR CUST |
| PORTFOLIO (R5) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM CONSERVATIVE BALANCED | 21.56% | 387667 | KGP TELECOMMUNICATIONS LLC |
| PORTFOLIO (R5) |  |  | ATTN PLAN TRUSTEE |
|  |  |  | FBO KGPCO PHANTOM UNITS PLAN |
|  |  |  | 3305 HIGHWAY 60 WEST |
|  |  |  | FAIRBAULT MN 55021-4869 |
| SAM CONSERVATIVE GROWTH | 12.80% | 12706211 | NATIONAL FINANCIAL SERVICES LLC |
| PORTFOLIO (A) |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SAM CONSERVATIVE GROWTH | 11.33% | 11239300 | J. P. MORGAN SECURITIES LLC |
| PORTFOLIO (A) |  |  | FBO EXCLUSIVE BENEFIT OF OUR CUST |
|  |  |  | 4 CHASE METROTECH CTR |
|  |  |  | BROOKLYN NY 11245-0003 |
| SAM CONSERVATIVE GROWTH | 5.30% | 5266147 | PERSHING LLC |
| PORTFOLIO (A) |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| SAM CONSERVATIVE GROWTH | 17.16% | 1461282 | NATIONAL FINANCIAL SERVICES LLC |
| PORTFOLIO (C) |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SAM CONSERVATIVE GROWTH | 11.06% | 941656 | RAYMOND JAMES |
| PORTFOLIO (C) |  |  | OMNIBUS FOR MUTUAL FUNDS |
|  |  |  | HOUSE ACCT FIRM 92500015 |
|  |  |  | ATTN: COURTNEY WALLER |
|  |  |  | 880 CARILLON PKWY |
|  |  |  | ST PETERSBURG FL 33716-1102 |
| SAM CONSERVATIVE GROWTH | 6.74% | 574054 | WELLS FARGO CLEARING SERVICES LLC |
| PORTFOLIO (C) |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| SAM CONSERVATIVE GROWTH | 79.37% | 22069517 | PRINCIPAL LIFE INS COMPANY CUST |
| PORTFOLIO (I) |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM CONSERVATIVE GROWTH | 5.26% | 1464596 | DCGT AS TTEE AND/OR CUST |
| PORTFOLIO (I) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM CONSERVATIVE GROWTH | 99.99% | 111315 | DCGT AS TTEE AND/OR CUST |
| PORTFOLIO (R1) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM CONSERVATIVE GROWTH | 73.40% | 485913 | DCGT AS TTEE AND/OR CUST |
| PORTFOLIO (R3) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SAM CONSERVATIVE GROWTH | 5.50% | 36409 | PRINCIPAL TRUST COMPANY |
| PORTFOLIO (R3) |  |  | FBO EXEC NQ OF FOND DU LAC BAND |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| SAM CONSERVATIVE GROWTH | 62.65% | 203588 | DCGT AS TTEE AND/OR CUST |
| PORTFOLIO (R4) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM CONSERVATIVE GROWTH | 19.35% | 62900 | WALSER AUTOMOTIVE GROUP LLC |
| PORTFOLIO (R4) |  |  | FBO WALSER AUTO GROUP NQ LONG TERM |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | INCENTIVE PLAN |
|  |  |  | 7700 FRANCE AVENUE S SUITE 410N |
|  |  |  | EDINA MN 55435-5869 |
| SAM CONSERVATIVE GROWTH | 9.77% | 31770 | PRINCIPAL TRUST COMPANY |
| PORTFOLIO (R4) |  |  | FBO BURWELL DC PLAN |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| SAM CONSERVATIVE GROWTH | 93.03% | 1460994 | DCGT AS TTEE AND/OR CUST |
| PORTFOLIO (R5) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM FLEXIBLE INCOME | 26.49% | 24720817 | NATIONAL FINANCIAL SERVICES LLC |
| PORTFOLIO (A) |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SAM FLEXIBLE INCOME | 7.96% | 7428848 | J. P. MORGAN SECURITIES LLC |
| PORTFOLIO (A) |  |  | FBO EXCLUSIVE BENEFIT OF OUR CUST |
|  |  |  | 4 CHASE METROTECH CTR |
|  |  |  | BROOKLYN NY 11245-0003 |
| SAM FLEXIBLE INCOME | 30.05% | 3508277 | NATIONAL FINANCIAL SERVICES LLC |
| PORTFOLIO (C) |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SAM FLEXIBLE INCOME | 6.45% | 753222 | WELLS FARGO CLEARING SERVICES LLC |
| PORTFOLIO (C) |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| SAM FLEXIBLE INCOME | 66.66% | 10773751 | PRINCIPAL LIFE INS COMPANY CUST |
| PORTFOLIO (I) |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM FLEXIBLE INCOME | 7.87% | 1273544 | WELLS FARGO CLEARING SERVICES LLC |
| PORTFOLIO (I) |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| SAM FLEXIBLE INCOME | 6.56% | 1061321 | NATIONAL FINANCIAL SERVICES LLC |
| PORTFOLIO (I) |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SAM FLEXIBLE INCOME | 5.46% | 883538 | LPL FINANCIAL |
| PORTFOLIO (I) |  |  | OMNIBUS CUSTOMER ACCOUNT |
|  |  |  | ATTN MUTUAL FUND TRADING |
|  |  |  | 4707 EXECUTIVE DR |
|  |  |  | SAN DIEGO CA 92121-3091 |
| SAM FLEXIBLE INCOME | 58.87% | 113420 | PRINCIPAL TRUST COMPANY |
| PORTFOLIO (R1) |  |  | FBO CONCORP CONCRETE INC DEFINED |
|  |  |  | BENEFIT PENSION PLAN |
|  |  |  | 2485 ASHCROFT AVE |
|  |  |  | CLOVIS CA 93611-6001 |
| SAM FLEXIBLE INCOME | 22.90% | 44122 | PRINCIPAL TRUST COMPANY |
| PORTFOLIO (R1) |  |  | FBO DEV MEDICAL ASSOCIATES SC CASH |
|  |  |  | BALANCE PENSION PLAN |
|  |  |  | 5600 W ADDISON ST STE 400 |
|  |  |  | CHICAGO IL 60634-4400 |
| SAM FLEXIBLE INCOME | 15.34% | 29564 | DCGT AS TTEE AND/OR CUST |
| PORTFOLIO (R1) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SAM FLEXIBLE INCOME | 64.09% | 182390 | DCGT AS TTEE AND/OR CUST |
| PORTFOLIO (R3) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM FLEXIBLE INCOME | 13.46% | 38309 | MID ATLANTIC TRUST COMPANY FBO |
| PORTFOLIO (R3) |  |  | BUFFALO ULTRASOUND INC 401 K |
|  |  |  | PROFIT SHARING PLAN & TRUST |
|  |  |  | 1251 WATERFRONT PLACE SUITE 525 |
|  |  |  | PITTSBURGH PA 15222-4228 |
| SAM FLEXIBLE INCOME | 11.94% | 33978 | PRINCIPAL TRUST COMPANY |
| PORTFOLIO (R3) |  |  | FBO RVVS CASH BALANCE PLAN |
|  |  |  | 15900 JORDAN AVE SE |
|  |  |  | PRIOR LAKE MN 55372-2051 |
| SAM FLEXIBLE INCOME | 52.08% | 156242 | PRINCIPAL TRUST COMPANY |
| PORTFOLIO (R4) |  |  | FBO SCHENECTADY PULMONARY & CRITICAL CARE |
|  |  |  | 124 ROSA RD STE 382 |
|  |  |  | SCHENECTADY NY 12308-2144 |
| SAM FLEXIBLE INCOME | 19.24% | 57735 | DCGT AS TTEE AND/OR CUST |
| PORTFOLIO (R4) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM FLEXIBLE INCOME | 11.66% | 34997 | PRINCIPAL TRUST COMPANY |
| PORTFOLIO (R4) |  |  | FBO BURWELL DC PLAN |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| SAM FLEXIBLE INCOME | 6.95% | 20859 | BRISTOL BAY NATIVE CORPORATION |
| PORTFOLIO (R4) |  |  | ATTN PLAN TRUSTEE |
|  |  |  | FBO BBNC NQ DEF COMP PLAN |
|  |  |  | 111 W 16TH AVE |
|  |  |  | ANCHORAGE AK 99501-6299 |
| SAM FLEXIBLE INCOME | 93.54% | 684976 | DCGT AS TTEE AND/OR CUST |
| PORTFOLIO (R5) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM STRATEGIC GROWTH | 10.39% | 6528677 | J. P. MORGAN SECURITIES LLC |
| PORTFOLIO (A) |  |  | FBO EXCLUSIVE BENEFIT OF OUR CUST |
|  |  |  | 4 CHASE METROTECH CTR |
|  |  |  | BROOKLYN NY 11245-0003 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SAM STRATEGIC GROWTH | 10.18% | 6399015 | NATIONAL FINANCIAL SERVICES LLC |
| PORTFOLIO (A) |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SAM STRATEGIC GROWTH | 15.78% | 807450 | NATIONAL FINANCIAL SERVICES LLC |
| PORTFOLIO (C) |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SAM STRATEGIC GROWTH | 79.47% | 14024096 | PRINCIPAL LIFE INS COMPANY CUST |
| PORTFOLIO (I) |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM STRATEGIC GROWTH | 5.68% | 1002544 | FIRST COMMAND FINANCIAL SERVICES INC |
| PORTFOLIO (I) |  |  | ATTN PLAN TRUSTEE |
|  |  |  | FBO FIRST COMMAND DEF CAREER |
|  |  |  | 1 FIRSTCOMM PLAZA |
|  |  |  | FORT WORTH TX 76109-4978 |
| SAM STRATEGIC GROWTH | 80.24% | 15913 | DCGT AS TTEE AND/OR CUST |
| PORTFOLIO (R1) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM STRATEGIC GROWTH | 19.75% | 3917 | MG TRUST COMPANY CUST FBO |
| PORTFOLIO (R1) |  |  | PAULDING EXEMPTED VILLAGE SC 403 B |
|  |  |  | 717 17TH ST STE 1300 |
|  |  |  | DENVER CO 80202-3304 |
| SAM STRATEGIC GROWTH | 81.25% | 339460 | DCGT AS TTEE AND/OR CUST |
| PORTFOLIO (R3) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM STRATEGIC GROWTH | 5.98% | 25005 | UBS WM USA |
| PORTFOLIO (R3) |  |  | 0O0 11011 6100 |
|  |  |  | OMNI ACCOUNT M/F |
|  |  |  | SPEC CDY A/C EBOC UBSFSI |
|  |  |  | 1000 HARBOR BLVD |
|  |  |  | WEEHAWKEN NJ 07086-6761 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SAM STRATEGIC GROWTH | 51.60% | 125055 | DCGT AS TTEE AND/OR CUST |
| PORTFOLIO (R4) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SAM STRATEGIC GROWTH | 28.79% | 69785 | PRINCIPAL TRUST COMPANY |
| PORTFOLIO (R4) |  |  | FBO BURWELL DC PLAN |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| SAM STRATEGIC GROWTH | 10.62% | 25752 | MATRIX TRUST CO AS AGENT FBO |
| PORTFOLIO (R4) |  |  | PRO-SET INC FINANCIAL SECURITY TRUS |
|  |  |  | PO BOX 52129 |
|  |  |  | PHOENIX AZ 85072-2129 |
| SAM STRATEGIC GROWTH | 95.56% | 1081774 | DCGT AS TTEE AND/OR CUST |
| PORTFOLIO (R5) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SHORT-TERM INCOME (A) | 30.37% | 9385438 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SHORT-TERM INCOME (A) | 10.16% | 3141970 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| SHORT-TERM INCOME (A) | 8.70% | 2690915 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| SHORT-TERM INCOME (C) | 20.62% | 398475 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SHORT-TERM INCOME (C) | 17.56% | 339328 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| SHORT-TERM INCOME (C) | 5.17% | 99984 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| SHORT-TERM INCOME (I) | 11.81% | 27103100 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| SHORT-TERM INCOME (I) | 11.76% | 26988192 | LIFETIME 2020 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SHORT-TERM INCOME (I) | 10.81% | 24798819 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY ACCOUNT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 101 MONTGOMERY ST |
|  |  |  | SAN FRANCISCO CA 94104-4151 |
| SHORT-TERM INCOME (I) | 7.39% | 16974898 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SHORT-TERM INCOME (I) | 5.91% | 13578365 | MAC & CO A/C 135602 |
|  |  |  | MUTUAL FUND OPERATIONS |
|  |  |  | 500 GRANT STREET ROOM 151-1010 |
|  |  |  | PITTSBURGH PA 15219-2502 |
| SHORT-TERM INCOME (I) | 5.63% | 12930182 | SAM FLEXIBLE INCOME PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SHORT-TERM INCOME (R1) | 62.70% | 33085 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SHORT-TERM INCOME (R1) | 36.14% | 19069 | EWR, INC |
|  |  |  | FBO EXEC RETIREMENT PLAN OF EWR, INC |
|  |  |  | ATTN JOSEPH WYRICK |
|  |  |  | 6055 PRIMACY PKWY STE 100 |
|  |  |  | MEMPHIS TN 38119-5514 |
| SHORT-TERM INCOME (R3) | 53.97% | 432380 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SHORT-TERM INCOME (R3) | 10.04% | 80458 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO DUPAGE INTERNAL MEDICINE LLC |
|  |  |  | 228 OXFORD AVE |
|  |  |  | CLARENDON HLS IL 60514-2807 |
| SHORT-TERM INCOME (R3) | 6.32% | 50670 | DSL CONSTRUCTION CORP |
|  |  |  | FBO EXEC NQ EXCESS OF DSL |
|  |  |  | CONSTRUCTION |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | 11300 W OLYMPIC BLVD STE 770 |
|  |  |  | LOS ANGELES CA 90064-1644 |
| SHORT-TERM INCOME (R3) | 5.57% | 44644 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO SSP AMERICAN DEF COMP PLAN |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| SHORT-TERM INCOME (R4) | 50.26% | 512997 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SHORT-TERM INCOME (R4) | 23.33% | 238145 | NOMURA HOLDING AMERICA INC |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | FBO NOMURA SUPP RET SAVINGS |
|  |  |  | 309 W 49TH ST |
|  |  |  | NEW YORK NY 10019-9102 |
| SHORT-TERM INCOME (R4) | 8.59% | 87717 | BRISTOL BAY NATIVE CORPORATION |
|  |  |  | ATTN PLAN TRUSTEE |
|  |  |  | FBO BBNC NQ DEF COMP PLAN |
|  |  |  | 111 W 16TH AVE |
|  |  |  | ANCHORAGE AK 99501-6299 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SHORT-TERM INCOME (R5) | 40.03% | 307918 | CHURCHILL MORTGAGE CORPORATION |
|  |  |  | FBO CHURCHILL MORTGAGE CORPORATION |
|  |  |  | INCENTIVE BONUS PLAN |
|  |  |  | ATTN SHEREE BARLETT |
|  |  |  | 761 OLD HICKORY BLVD STE 400 |
|  |  |  | BRENTWOOD TN 37027-4519 |
| SHORT-TERM INCOME (R5) | 15.33% | 117980 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SHORT-TERM INCOME (R5) | 9.82% | 75564 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SHORT-TERM INCOME (R5) | 9.77% | 75216 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO GUEST SERVICES EMPLOYEE SAVINGS PLAN |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE ROAD |
|  |  |  | WILMINGTON DE 19805-1265 |
| SHORT-TERM INCOME (R5) | 9.39% | 72242 | NORTHWEST ADMINISTRATORS |
|  |  |  | ATTN GAYLE BUSHNELL |
|  |  |  | FBO NQ EXCESS OF NW ADMINISTRATORS |
|  |  |  | 2323 EASTLAKE AVE E |
|  |  |  | SEATTLE WA 98102-3963 |
| SMALLCAP (A) | 17.35% | 1903401 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SMALLCAP (A) | 6.20% | 680424 | J. P. MORGAN SECURITIES LLC |
|  |  |  | FBO EXCLUSIVE BENEFIT OF OUR CUST |
|  |  |  | 4 CHASE METROTECH CTR |
|  |  |  | BROOKLYN NY 11245-0003 |
| SMALLCAP (C) | 22.12% | 221338 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| SMALLCAP (C) | 17.84% | 178478 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SMALLCAP (C) | 5.45% | 54600 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| SMALLCAP (I) | 25.07% | 4009592 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SMALLCAP (I) | 23.53% | 3764289 | AMERICAN ENTERPRISE INVESTMENT SVC |
|  |  |  | FBO #41999970 |
|  |  |  | 707 2ND AVE S |
|  |  |  | MINNEAPOLIS MN 55402-2405 |
| SMALLCAP (I) | 8.24% | 1318055 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| SMALLCAP (I) | 6.03% | 964717 | LPL FINANCIAL |
|  |  |  | OMNIBUS CUSTOMER ACCOUNT |
|  |  |  | ATTN MUTUAL FUND TRADING |
|  |  |  | 4707 EXECUTIVE DR |
|  |  |  | SAN DIEGO CA 92121-3091 |
| SMALLCAP (I) | 5.97% | 955741 | RBC CAPITAL MARKETS LLC |
|  |  |  | MUTUAL FUND OMNIBUS PROCESSING OMNIBUS |
|  |  |  | ATTN MUTUAL FUND OPS MANAGER |
|  |  |  | 250 NICOLLET MALL SUITE 1400 |
|  |  |  | MINNEAPOLIS MN 55401-7554 |
| SMALLCAP (I) | 5.59% | 894894 | RAYMOND JAMES |
|  |  |  | OMNIBUS FOR MUTUAL FUNDS |
|  |  |  | HOUSE ACCT FIRM 92500015 |
|  |  |  | ATTN: COURTNEY WALLER |
|  |  |  | 880 CARILLON PKWY |
|  |  |  | ST PETERSBURG FL 33716-1102 |
| SMALLCAP (I) | 5.48% | 877112 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| SMALLCAP (I) | 5.37% | 858899 | UBS WM USA |
|  |  |  | 0O0 11011 6100 |
|  |  |  | OMNI ACCOUNT M/F |
|  |  |  | SPEC CDY A/C EBOC UBSFSI |
|  |  |  | 1000 HARBOR BLVD |
|  |  |  | WEEHAWKEN NJ 07086-6761 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SMALLCAP (R1) | 52.90% | 44173 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP (R1) | 28.51% | 23807 | FIIOC |
|  |  |  | FBO VRMC OF NEW YORK 401K PLAN |
|  |  |  | 100 MAGELLAN WAY (KW1C) |
|  |  |  | COVINGTON KY 41015-1987 |
| SMALLCAP (R1) | 8.46% | 7064 | FIIOC |
|  |  |  | FBO ATLANTIC TOYOTA GROUP INC 401K PLAN |
|  |  |  | 100 MAGELLAN WAY (KW1C) |
|  |  |  | COVINGTON KY 41015-1987 |
| SMALLCAP (R3) | 26.59% | 168472 | SAMMONS RETIREMENT SOLUTIONS |
|  |  |  | 8300 MILLS CIVIC PKWY |
|  |  |  | WDM IA 50266-3833 |
| SMALLCAP (R3) | 16.80% | 106445 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP (R3) | 5.54% | 35156 | STATE STREET BANK AND TRUST COMPANY |
|  |  |  | TRUSTEE AND/OR CUSTODIAN |
|  |  |  | FBO ADP ACCESS PRODUCT |
|  |  |  | 1 LINCOLN ST |
|  |  |  | BOSTON MA 02111-2901 |
| SMALLCAP (R4) | 95.21% | 1613383 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SMALLCAP (R5) | 49.04% | 1003248 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SMALLCAP (R5) | 20.47% | 418867 | PIMS/PRUDENTIAL RETIREMENT |
|  |  |  | AS NOMINEE FOR THE TTEE/CUST PL 002 |
|  |  |  | CITY OF JERSEY CITY |
|  |  |  | 280 GROVE STREET ROOM 106 |
|  |  |  | JERSEY CITY NJ 07302-3610 |
| SMALLCAP (R5) | 13.61% | 278432 | VANGUARD FIDUCIARY TRUST CO CUST |
|  |  |  | FBO 401K CLIENTS 401(K) PLAN |
|  |  |  | PO BOX 2600 |
|  |  |  | VALLEY FORGE PA 19482-2600 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SMALLCAP (R5) | 8.91% | 182273 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP (R6) | 53.33% | 4808598 | NFS LLC FEBO |
|  |  |  | FIIOC AS AGENT FOR |
|  |  |  | QUALIFIED EMPLOYEE BENEFIT |
|  |  |  | PLANS (401K) FINOPS-IC FUNDS |
|  |  |  | 100 MAGELLAN WAY # KW1C |
|  |  |  | COVINGTON KY 41015-1987 |
| SMALLCAP (R6) | 19.61% | 1768881 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP GROWTH I (I) | 33.09% | 3997264 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SMALLCAP GROWTH I (I) | 14.09% | 1702577 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP GROWTH I (I) | 12.66% | 1529885 | MLPF&S FOR THE SOLE |
|  |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR E FL 3 |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| SMALLCAP GROWTH I (I) | 10.63% | 1284670 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY A/C FOR THE |
|  |  |  | BENIFIT OF CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 101 MONTGOMERY ST |
|  |  |  | SAN FRANCISCO CA 94104-4151 |
| SMALLCAP GROWTH I (R1) | 92.16% | 177648 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SMALLCAP GROWTH I (R3) | 48.03% | 690696 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP GROWTH I (R3) | 17.49% | 251543 | PIMS/PRUDENTIAL RETIREMENT |
|  |  |  | AS NOMINEE FOR THE TTEE/CUST PL 767 |
|  |  |  | DIGERONIMO COMPANIES RETIREMENT |
|  |  |  | 5720 SCHAAF RD |
|  |  |  | INDEPENDENCE OH 44131 |
| SMALLCAP GROWTH I (R4) | 43.98% | 406047 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP GROWTH I (R4) | 23.11% | 213392 | JOHN HANCOCK TRUST COMPANY LLC |
|  |  |  | 690 CANTON ST STE 100 |
|  |  |  | WESTWOOD MA 02090-2324 |
| SMALLCAP GROWTH I (R4) | 11.25% | 103929 | LINCOLN RETIREMENT SERVICES COMPANY |
|  |  |  | FBO SCHOOL BD OF RICHMOND 403B |
|  |  |  | PO BOX 7876 |
|  |  |  | FORT WAYNE IN 46801-7876 |
| SMALLCAP GROWTH I (R4) | 5.96% | 55101 | PRINCIPAL TRUST COMPANY |
|  |  |  | FBO CRST INTL NQ PLAN |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| SMALLCAP GROWTH I (R5) | 46.67% | 1323284 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP GROWTH I (R5) | 19.66% | 557582 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SMALLCAP GROWTH I (R5) | 10.67% | 302606 | TIAA, FSB CUST/TTEE FBO: |
|  |  |  | RETIREMENT PLANS FOR WHICH |
|  |  |  | TIAA ACTS AS RECORDKEEPER |
|  |  |  | ATTN: TRUST OPERATIONS |
|  |  |  | 211 N BROADWAY STE 1000 |
|  |  |  | SAINT LOUIS MO 63102-2748 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SMALLCAP GROWTH I (R5) | 5.27% | 149611 | RELIANCE TRUST COMPANY TRUSTEE |
|  |  |  | FBO RITE SOLUTIONS SAVINGS & INVEST |
|  |  |  | 185 S BROAD ST STE 303 |
|  |  |  | PAWCATUCK CT 06379-1997 |
| SMALLCAP GROWTH I (R6) | 46.33% | 72790686 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP GROWTH I (R6) | 8.47% | 13313065 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SMALLCAP S&P 600 INDEX (I) | 15.63% | 1317028 | PERSHING LLC |
|  |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| SMALLCAP S&P 600 INDEX (I) | 15.00% | 1263477 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP S&P 600 INDEX (I) | 10.45% | 880224 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SMALLCAP S&P 600 INDEX (I) | 7.05% | 593995 | LPL FINANCIAL |
|  |  |  | OMNIBUS CUSTOMER ACCOUNT |
|  |  |  | ATTN MUTUAL FUND TRADING |
|  |  |  | 4707 EXECUTIVE DR |
|  |  |  | SAN DIEGO CA 92121-3091 |
| SMALLCAP S&P 600 INDEX (I) | 5.67% | 477500 | STATE STREET BANK AND TRUST COMPANY |
|  |  |  | TRUSTEE AND/OR CUSTODIAN |
|  |  |  | FBO ADP ACCESS PRODUCT |
|  |  |  | 1 LINCOLN ST |
|  |  |  | BOSTON MA 02111-2901 |
| SMALLCAP S&P 600 INDEX (R1) | 37.36% | 104648 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SMALLCAP S&P 600 INDEX (R1) | 5.30% | 14843 | COUNSEL TRUST DBA MATC FBO |
|  |  |  | HIRSCH INTERNATIONAL CORP 401 K |
|  |  |  | PROFIT SHARING PLAN & TRUST |
|  |  |  | 1251 WATERFRONT PL STE 525 |
|  |  |  | PITTSBURGH PA 15222-4228 |
| SMALLCAP S&P 600 INDEX (R3) | 33.65% | 1028781 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP S&P 600 INDEX (R3) | 10.71% | 327702 | STATE STREET BANK AND TRUST COMPANY |
|  |  |  | TRUSTEE AND/OR CUSTODIAN |
|  |  |  | FBO ADP ACCESS PRODUCT |
|  |  |  | 1 LINCOLN ST |
|  |  |  | BOSTON MA 02111-2901 |
| SMALLCAP S&P 600 INDEX (R3) | 5.69% | 173970 | PIMS/PRUDENTIAL RETIREMENT |
|  |  |  | AS NOMINEE FOR THE TTEE/CUST PL 007 |
|  |  |  | 403(B)(7) TAX DEFERRED MUTUAL |
|  |  |  | C/O PARADIGM EQUITIES INC |
|  |  |  | 1216 KENDALE BLVD |
|  |  |  | EAST LANSING MI 48823-2008 |
| SMALLCAP S&P 600 INDEX (R4) | 52.83% | 645358 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP S&P 600 INDEX (R4) | 7.43% | 90782 | CHARLES SCHWAB & CO INC |
|  |  |  | SPECIAL CUSTODY ACCT FBO CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 101 MONTGOMERY ST |
|  |  |  | SAN FRANCISCO CA 94104-4151 |
| SMALLCAP S&P 600 INDEX (R4) | 6.10% | 74524 | STATE STREET BANK AND TRUST COMPANY |
|  |  |  | TRUSTEE AND/OR CUSTODIAN |
|  |  |  | FBO ADP ACCESS PRODUCT |
|  |  |  | 1 LINCOLN ST |
|  |  |  | BOSTON MA 02111-2901 |
| SMALLCAP S&P 600 INDEX (R5) | 55.16% | 2150728 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SMALLCAP S&P 600 INDEX (R6) | 27.97% | 6338199 | DIVERSIFIED GROWTH ACCOUNT |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP S&P 600 INDEX (R6) | 17.12% | 3879760 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS |
|  |  |  | ATTN NPIO TRADE DESK OMNIBUS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP S&P 600 INDEX (R6) | 11.12% | 2520310 | DIVERSIFIED GROWTH VOLATILITY |
|  |  |  | CONTROL ACCOUNT |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP S&P 600 INDEX (R6) | 5.48% | 1243145 | DIVERSIFIED BALANCED ACCOUNT |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP VALUE II (I) | 42.32% | 4779231 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SMALLCAP VALUE II (I) | 16.44% | 1857185 | PIMS/PRUDENTIAL RETIREMENT |
|  |  |  | AS NOMINEE FOR THE TTEE/CUST PL 767 |
|  |  |  | BT U.S. RETIREMENT SAVINGS PLAN |
|  |  |  | 8951 CYPRESS WATERS BLVD STE 200 |
|  |  |  | DALLAS TX 75019-4763 |
| SMALLCAP VALUE II (I) | 9.78% | 1105148 | EMPOWER TRUST FBO |
|  |  |  | EMPLOYEE BENEFITS CLIENTS 401K |
|  |  |  | 8515 E ORCHARD RD 2T2 |
|  |  |  | GREENWOOD VILLAGE CO 80111-5002 |
| SMALLCAP VALUE II (I) | 7.42% | 838245 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP VALUE II (R1) | 89.60% | 78121 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SMALLCAP VALUE II (R1) | 10.35% | 9028 | RELIANCE TRUST CO TTEE |
|  |  |  | FBO ADP ACCESS LARGE MARKET 401(K) PLAN |
|  |  |  | 201 17TH ST NW STE 1000 |
|  |  |  | ATLANTA GA 30363-1195 |
| SMALLCAP VALUE II (R3) | 73.82% | 383132 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP VALUE II (R3) | 5.41% | 28085 | RELIANCE TRUST CO CUST |
|  |  |  | FBO ADP ACCESS LARGE MARKET 401(K) PLAN |
|  |  |  | 201 17TH ST NW STE 1000 |
|  |  |  | ATLANTA GA 30363-1195 |
| SMALLCAP VALUE II (R4) | 75.74% | 187893 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP VALUE II (R4) | 16.08% | 39892 | EMPOWER TRUST FBO |
|  |  |  | EMPLOYEE BENEFITS CLIENTS 401K |
|  |  |  | 8515 E ORCHARD RD 2T2 |
|  |  |  | GREENWOOD VILLAGE CO 80111-5002 |
| SMALLCAP VALUE II (R5) | 97.10% | 1147443 | DCGT AS TTEE AND/OR CUST |
|  |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP VALUE II (R6) | 58.50% | 51294215 | PRINCIPAL LIFE INS COMPANY CUST |
|  |  |  | FBO PFG OMNIBUS WRAPPED AND CUSTOM |
|  |  |  | ATTN PLIC PROXY COORDINATOR FUNDS |
|  |  |  | 711 HIGH STREET |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP VALUE II (R6) | 7.34% | 6436284 | LIFETIME 2040 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALLCAP VALUE II (R6) | 7.00% | 6142352 | LIFETIME 2030 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING- H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SMALLCAP VALUE II (R6) | 5.73% | 5025058 | LIFETIME 2050 FUND |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALL-MIDCAP DIVIDEND INCOME (A) | 18.09% | 1713879 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SMALL-MIDCAP DIVIDEND INCOME (A) | 12.77% | 1210157 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| SMALL-MIDCAP DIVIDEND INCOME (A) | 8.29% | 785586 | MLPF&S FOR THE SOLE |
|  |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR E FL 3 |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| SMALL-MIDCAP DIVIDEND INCOME (A) | 6.93% | 657126 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| SMALL-MIDCAP DIVIDEND INCOME (A) | 6.83% | 647642 | UBS WM USA |
|  |  |  | 0O0 11011 6100 |
|  |  |  | OMNI ACCOUNT M/F |
|  |  |  | SPEC CDY A/C EBOC UBSFSI |
|  |  |  | 1000 HARBOR BLVD |
|  |  |  | WEEHAWKEN NJ 07086-6761 |
| SMALL-MIDCAP DIVIDEND INCOME (C) | 26.90% | 685316 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| SMALL-MIDCAP DIVIDEND INCOME (C) | 17.10% | 435638 | RAYMOND JAMES |
|  |  |  | OMNIBUS FOR MUTUAL FUNDS |
|  |  |  | HOUSE ACCT FIRM 92500015 |
|  |  |  | ATTN: COURTNEY WALLER |
|  |  |  | 880 CARILLON PKWY |
|  |  |  | ST PETERSBURG FL 33716-1102 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SMALL-MIDCAP DIVIDEND INCOME (C) | 14.04% | 357777 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SMALL-MIDCAP DIVIDEND INCOME (C) | 8.71% | 222066 | UBS WM USA |
|  |  |  | 0O0 11011 6100 |
|  |  |  | OMNI ACCOUNT M/F |
|  |  |  | SPEC CDY A/C EBOC UBSFSI |
|  |  |  | 1000 HARBOR BLVD |
|  |  |  | WEEHAWKEN NJ 07086-6761 |
| SMALL-MIDCAP DIVIDEND INCOME (I) | 23.52% | 10597612 | UBS WM USA |
|  |  |  | 0O0 11011 6100 |
|  |  |  | OMNI ACCOUNT M/F |
|  |  |  | SPEC CDY A/C EBOC UBSFSI |
|  |  |  | 1000 HARBOR BLVD |
|  |  |  | WEEHAWKEN NJ 07086-6761 |
| SMALL-MIDCAP DIVIDEND INCOME (I) | 19.04% | 8581525 | RAYMOND JAMES |
|  |  |  | OMNIBUS FOR MUTUAL FUNDS |
|  |  |  | HOUSE ACCT FIRM 92500015 |
|  |  |  | ATTN: COURTNEY WALLER |
|  |  |  | 880 CARILLON PKWY |
|  |  |  | ST PETERSBURG FL 33716-1102 |
| SMALL-MIDCAP DIVIDEND INCOME (I) | 12.45% | 5610151 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| SMALL-MIDCAP DIVIDEND INCOME (I) | 11.87% | 5348932 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| SMALL-MIDCAP DIVIDEND INCOME (I) | 5.59% | 2519868 | MLPF&S FOR THE SOLE |
|  |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR E FL 2 |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| SMALL-MIDCAP DIVIDEND INCOME (R6) | 21.62% | 5255769 | SAM BALANCED PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING - H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SMALL-MIDCAP DIVIDEND INCOME (R6) | 21.26% | 5166470 | SAM CONS GROWTH PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALL-MIDCAP DIVIDEND INCOME (R6) | 19.46% | 4730021 | SAM STRATEGIC GROWTH PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALL-MIDCAP DIVIDEND INCOME (R6) | 13.13% | 3192516 | SAM FLEXIBLE INCOME PORTFOLIO PIF |
|  |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SMALL-MIDCAP DIVIDEND INCOME (R6) | 5.79% | 1407735 | KENTUCKY PUBLIC EMPLOYEES DEFERRED |
|  |  |  | COMPENSATION AUTHORITY |
|  |  |  | C/O NATIONWIDE |
|  |  |  | PO BOX 182029 |
|  |  |  | COLUMBUS OH 43218-2029 |
| SMALL-MIDCAP GROWTH (I) | 93.53% | 740213 | PRINCIPAL FINANCIAL SERVICES INC |
|  |  |  | PUBLIC SEED ACCOUNT |
|  |  |  | ATTN GAM INVACCT ACA TEAM G-016-S40 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-9992 |
| SPECTRUM PREFERRED AND CAPITAL | 19.60% | 16234986 | MLPF&S FOR THE SOLE |
| SECURITIES INCOME (A) |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR EAST 3RD FL |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| SPECTRUM PREFERRED AND CAPITAL | 14.16% | 11729264 | WELLS FARGO CLEARING SERVICES LLC |
| SECURITIES INCOME (A) |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| SPECTRUM PREFERRED AND CAPITAL | 13.45% | 11143188 | MORGAN STANLEY SMITH BARNEY LLC |
| SECURITIES INCOME (A) |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| SPECTRUM PREFERRED AND CAPITAL | 8.76% | 7258206 | NATIONAL FINANCIAL SERVICES LLC |
| SECURITIES INCOME (A) |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SPECTRUM PREFERRED AND CAPITAL | 6.49% | 5379335 | CHARLES SCHWAB & CO INC |
| SECURITIES INCOME (A) |  |  | FBO SPECIAL CUSTODY ACCOUNTS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 211 MAIN ST |
|  |  |  | SAN FRANCISCO CA 94105-1901 |
| SPECTRUM PREFERRED AND CAPITAL | 5.68% | 4708013 | UBS WM USA |
| SECURITIES INCOME (A) |  |  | 0O0 11011 6100 |
|  |  |  | OMNI ACCOUNT M/F |
|  |  |  | SPEC CDY A/C EBOC UBSFSI |
|  |  |  | 1000 HARBOR BLVD |
|  |  |  | WEEHAWKEN NJ 07086-6761 |
| SPECTRUM PREFERRED AND CAPITAL | 22.10% | 4093126 | WELLS FARGO CLEARING SERVICES LLC |
| SECURITIES INCOME (C) |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| SPECTRUM PREFERRED AND CAPITAL | 16.32% | 3022711 | MORGAN STANLEY SMITH BARNEY LLC |
| SECURITIES INCOME (C) |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| SPECTRUM PREFERRED AND CAPITAL | 12.36% | 2289844 | MLPF&S FOR THE SOLE |
| SECURITIES INCOME (C) |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR EAST 3RD FL |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| SPECTRUM PREFERRED AND CAPITAL | 9.48% | 1756655 | RAYMOND JAMES |
| SECURITIES INCOME (C) |  |  | OMNIBUS FOR MUTUAL FUNDS |
|  |  |  | HOUSE ACCT FIRM 92500015 |
|  |  |  | ATTN: COURTNEY WALLER |
|  |  |  | 880 CARILLON PKWY |
|  |  |  | ST PETERSBURG FL 33716-1102 |
| SPECTRUM PREFERRED AND CAPITAL | 6.50% | 1204167 | PERSHING LLC |
| SECURITIES INCOME (C) |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| SPECTRUM PREFERRED AND CAPITAL | 5.65% | 1046856 | CHARLES SCHWAB & CO INC |
| SECURITIES INCOME (C) |  |  | FBO SPECIAL CUSTODY ACCOUNTS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 211 MAIN ST |
|  |  |  | SAN FRANCISCO CA 94105-1901 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SPECTRUM PREFERRED AND CAPITAL | 12.64% | 53784950 | WELLS FARGO CLEARING SERVICES LLC |
| SECURITIES INCOME (I) |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| SPECTRUM PREFERRED AND CAPITAL | 11.28% | 48005505 | RAYMOND JAMES |
| SECURITIES INCOME (I) |  |  | OMNIBUS FOR MUTUAL FUNDS |
|  |  |  | HOUSE ACCT FIRM 92500015 |
|  |  |  | ATTN: COURTNEY WALLER |
|  |  |  | 880 CARILLON PKWY |
|  |  |  | ST PETERSBURG FL 33716-1102 |
| SPECTRUM PREFERRED AND CAPITAL | 11.11% | 47264860 | NATIONAL FINANCIAL SERVICES LLC |
| SECURITIES INCOME (I) |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| SPECTRUM PREFERRED AND CAPITAL | 10.66% | 45354630 | MORGAN STANLEY SMITH BARNEY LLC |
| SECURITIES INCOME (I) |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| SPECTRUM PREFERRED AND CAPITAL | 10.47% | 44547655 | MLPF&S FOR THE SOLE |
| SECURITIES INCOME (I) |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR E FL 3 |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| SPECTRUM PREFERRED AND CAPITAL | 7.72% | 32871057 | PERSHING LLC |
| SECURITIES INCOME (I) |  |  | 1 PERSHING PLZ |
|  |  |  | JERSEY CITY NJ 07399-0001 |
| SPECTRUM PREFERRED AND CAPITAL | 5.53% | 23539533 | UBS WM USA |
| SECURITIES INCOME (I) |  |  | 0O0 11011 6100 |
|  |  |  | OMNI ACCOUNT M/F |
|  |  |  | SPEC CDY A/C EBOC UBSFSI |
|  |  |  | 1000 HARBOR BLVD |
|  |  |  | WEEHAWKEN NJ 07086-6761 |
| SPECTRUM PREFERRED AND CAPITAL | 5.44% | 23144346 | CHARLES SCHWAB & CO INC |
| SECURITIES INCOME (I) |  |  | SPECIAL CUSTODY A/C FOR THE |
|  |  |  | BENEFIT OF CUSTOMERS |
|  |  |  | ATTN MUTUAL FUNDS |
|  |  |  | 101 MONTGOMERY ST |
|  |  |  | SAN FRANCISCO CA 94104-4151 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SPECTRUM PREFERRED AND CAPITAL | 54.91% | 29753 | DCGT AS TTEE AND/OR CUST |
| SECURITIES INCOME (R1) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SPECTRUM PREFERRED AND CAPITAL | 38.62% | 20925 | PRINCIPAL TRUST COMPANY |
| SECURITIES INCOME (R1) |  |  | FBO CONCORP CONCRETE INC DEFINED |
|  |  |  | BENEFIT PENSION PLAN |
|  |  |  | 2485 ASHCROFT AVE |
|  |  |  | CLOVIS CA 93611-6001 |
| SPECTRUM PREFERRED AND CAPITAL | 5.16% | 44791 | SAMMONS RETIREMENT SOLUTIONS |
| SECURITIES INCOME (R3) |  |  | 8300 MILLS CIVIC PKWY |
|  |  |  | WDM IA 50266-3833 |
| SPECTRUM PREFERRED AND CAPITAL | 98.31% | 103388 | DCGT AS TTEE AND/OR CUST |
| SECURITIES INCOME (R4) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SPECTRUM PREFERRED AND CAPITAL | 43.18% | 110312 | VANGUARD FIDUCIARY TRUST CO |
| SECURITIES INCOME (R5) |  |  | FBO 401K CLIENTS |
|  |  |  | ATTN INVESTMENT SERVICES |
|  |  |  | PO BOX 2600 |
|  |  |  | VALLEY FORGE PA 19482-2600 |
| SPECTRUM PREFERRED AND CAPITAL | 30.59% | 78168 | DCGT AS TTEE AND/OR CUST |
| SECURITIES INCOME (R5) |  |  | FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS |
|  |  |  | ATTN NPIO TRADE DESK |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SPECTRUM PREFERRED AND CAPITAL | 12.05% | 30795 | JOHN HANCOCK TRUST COMPANY LLC |
| SECURITIES INCOME (R5) |  |  | 690 CANTON ST STE 100 |
|  |  |  | WESTWOOD MA 02090-2324 |
| SPECTRUM PREFERRED AND CAPITAL | 9.50% | 24290 | PRINCIPAL TRUST COMPANY |
| SECURITIES INCOME (R5) |  |  | FBO NQ DB OF AAA ARIZONA |
|  |  |  | ATTN SUSAN SAGGIONE |
|  |  |  | 1013 CENTRE RD |
|  |  |  | WILMINGTON DE 19805-1265 |
| SPECTRUM PREFERRED AND CAPITAL | 19.64% | 26931415 | WELLS FARGO BANK NA FBO |
| SECURITIES INCOME (R6) |  |  | OMNIBUS CASH CASH XXXX0 |
|  |  |  | PO BOX 1533 |
|  |  |  | MINNEAPOLIS MN 55480-1533 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| SPECTRUM PREFERRED AND CAPITAL | 14.98% | 20541179 | SAM BALANCED PORTFOLIO PIF |
| SECURITIES INCOME (R6) |  |  | ATTN MUTUAL FUND ACCOUNTING - H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SPECTRUM PREFERRED AND CAPITAL | 14.33% | 19655942 | MLPF&S FOR THE SOLE |
| SECURITIES INCOME (R6) |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR E FL 3 |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| SPECTRUM PREFERRED AND CAPITAL | 12.69% | 17410217 | SAM FLEXIBLE INCOME PORTFOLIO PIF |
| SECURITIES INCOME (R6) |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SPECTRUM PREFERRED AND CAPITAL | 7.86% | 10779305 | SAM CONS BALANCED PORTFOLIO PIF |
| SECURITIES INCOME (R6) |  |  | ATTN MUTUAL FUND ACCOUNTING-H221 |
|  |  |  | 711 HIGH ST |
|  |  |  | DES MOINES IA 50392-0001 |
| SPECTRUM PREFERRED AND CAPITAL | 7.20% | 9876505 | WELLS FARGO CLEARING SERVICES |
| SECURITIES INCOME (R6) |  |  | A/C 2035-5107 |
|  |  |  | ONE NORTH JEFFERSON AVENUE |
|  |  |  | SAINT LOUIS MO 63103-2287 |
| TAX-EXEMPT BOND (A) | 15.68% | 6879609 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| TAX-EXEMPT BOND (A) | 15.57% | 6833034 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| TAX-EXEMPT BOND (A) | 7.63% | 3350668 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| TAX-EXEMPT BOND (A) | 7.54% | 3310578 | J. P. MORGAN SECURITIES LLC |
|  |  |  | FBO EXCLUSIVE BENEFIT OF OUR CUST |
|  |  |  | 4 CHASE METROTECH CTR |
|  |  |  | BROOKLYN NY 11245-0003 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| TAX-EXEMPT BOND (A) | 5.34% | 2345600 | MLPF&S FOR THE SOLE |
|  |  |  | BENEFIT OF ITS CUSTOMERS |
|  |  |  | ATTN FUND ADMINISTRATION |
|  |  |  | 4800 DEER LAKE DR E FL 3 |
|  |  |  | JACKSONVILLE FL 32246-6484 |
| TAX-EXEMPT BOND (C) | 25.58% | 829584 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| TAX-EXEMPT BOND (C) | 10.38% | 336796 | LPL FINANCIAL |
|  |  |  | OMNIBUS CUSTOMER ACCOUNT |
|  |  |  | ATTN MUTUAL FUND TRADING |
|  |  |  | 4707 EXECUTIVE DR |
|  |  |  | SAN DIEGO CA 92121-3091 |
| TAX-EXEMPT BOND (C) | 9.80% | 317953 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR THE EXCL BENE OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |
| TAX-EXEMPT BOND (C) | 9.08% | 294446 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| TAX-EXEMPT BOND (C) | 8.53% | 276801 | UBS WM USA |
|  |  |  | 0O0 11011 6100 |
|  |  |  | OMNI ACCOUNT M/F |
|  |  |  | SPEC CDY A/C EBOC UBSFSI |
|  |  |  | 1000 HARBOR BLVD |
|  |  |  | WEEHAWKEN NJ 07086-6761 |
| TAX-EXEMPT BOND (C) | 7.69% | 249419 | AMERICAN ENTERPRISE INVESTMENT SVC |
|  |  |  | FBO #41999970 |
|  |  |  | 707 2ND AVE S |
|  |  |  | MINNEAPOLIS MN 55402-2405 |
| TAX-EXEMPT BOND (I) | 33.53% | 13274373 | NATIONAL FINANCIAL SERVICES LLC |
|  |  |  | FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS |
|  |  |  | 499 WASHINGTON BLVD |
|  |  |  | ATTN MUTUAL FUNDS DEPT 4TH FL |
|  |  |  | JERSEY CITY NJ 07310-1995 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Percent<br>of<br>Ownership** | **Number of Shares** | **Name and Address of Owner** |
| TAX-EXEMPT BOND (I) | 15.94% | 6312495 | WELLS FARGO CLEARING SERVICES LLC |
|  |  |  | SPECIAL CUSTODY ACCT FOR THE |
|  |  |  | EXCLUSIVE BENEFIT OF CUSTOMER |
|  |  |  | 2801 MARKET ST |
|  |  |  | SAINT LOUIS MO 63103-2523 |
| TAX-EXEMPT BOND (I) | 11.52% | 4560879 | AMERICAN ENTERPRISE INVESTMENT SVC |
|  |  |  | FBO #41999970 |
|  |  |  | 707 2ND AVE S |
|  |  |  | MINNEAPOLIS MN 55402-2405 |
| TAX-EXEMPT BOND (I) | 7.69% | 3045882 | LPL FINANCIAL |
|  |  |  | OMNIBUS CUSTOMER ACCOUNT |
|  |  |  | ATTN MUTUAL FUND TRADING |
|  |  |  | 4707 EXECUTIVE DR |
|  |  |  | SAN DIEGO CA 92121-3091 |
| TAX-EXEMPT BOND (I) | 6.07% | 2405344 | MORGAN STANLEY SMITH BARNEY LLC |
|  |  |  | FOR THE EXCLUSIVE BENE OF ITS CUST |
|  |  |  | 1 NEW YORK PLZ FL 12 |
|  |  |  | NEW YORK NY 10004-1965 |
| TAX-EXEMPT BOND (I) | 5.00% | 1981700 | UBS WM USA |
|  |  |  | 0O0 11011 6100 |
|  |  |  | OMNI ACCOUNT M/F |
|  |  |  | SPEC CDY A/C EBOC UBSFSI |
|  |  |  | 1000 HARBOR BLVD |
|  |  |  | WEEHAWKEN NJ 07086-6761 |

---

------

**<u>APPENDIX B</u>**

**AUDIT COMMITTEE CHARTER**

**PRINCIPAL FUNDS**<sup>3</sup>

**Audit Committee Charter (Amended September 13, 2022)**

This charter sets forth the purpose, operating guidelines and responsibilities of the Audit Committee (the "Committee") of the Boards of Directors/Trustees of the Principal Funds (the "Funds"). The Committee reviews the charter at least annually.

**Purpose**

The primary purpose of the Committee is to assist the Board in fulfilling certain of its responsibilities. The Audit Committee serves as an independent and objective party to monitor the Funds' accounting policies, valuation policies and procedures<sup>4</sup>, financial reporting and internal control systems, as well as the work of the independent registered public accounting firm. The Audit Committee assists Board oversight of (1) the integrity of the Funds' financial statements; (2) the Funds' compliance with certain legal and regulatory requirements;<sup>5</sup> (3) the independent registered public accounting firm's qualifications and independence; (4) the performance of the Funds' independent registered public accounting firm; and (5) the valuation process for the Funds. The Audit Committee also serves to provide an open avenue of communication among the independent registered public accounting firm, the Manager's internal auditors, Fund management, and the Board.

The Committee's role is limited to oversight. PGI is responsible for preparing the Funds' financial statements in accordance with generally accepted accounting principles, determining appropriate valuations, and for establishing and maintaining appropriate systems for accounting, financial reporting and internal control over financial reporting. The independent registered public accounting firm is responsible for conducting an audit of the Funds' financial statements in accordance with applicable legal and professional standards, including the standards set by the Public Company Accounting Oversight Board.

Although the Committee has the responsibilities and powers set forth in this charter, it is not the duty of the Committee to plan or conduct audits or to determine that the Funds' financial statements are complete and accurate and have been prepared in accordance with generally accepted accounting principles. Nothing in this charter shall be construed to reduce the responsibilities or liabilities of the Funds' service providers, including the independent registered public accounting firm. The independent registered public accounting firm is ultimately accountable to the Funds' Board and the Committee.

**Operating Guidelines**

The Board shall appoint the members of the Committee and the Committee's Chair. Members of the Committee may not be interested persons of the Funds, as defined in the Investment Company Act of 1940, as amended. The number of Committee members shall satisfy each of the securities exchanges on which the Funds offers shares. In addition, a member of the Committee may not, other than in his or her capacity as a member of the Committee, the Board or any other board committee, accept directly or indirectly any consulting, advisory, or other compensatory fee from the Funds or any affiliate of the Funds.

<sup>3</sup> Includes Principal Funds, Inc., Principal Variable Contracts Funds, Inc., Principal Exchange-Traded Funds, and any registered closed-end investment company operated as an interval fund and managed by Principal Global Investors, LLC.

<sup>4</sup> Principal Global Investors, LLC ("PGI") is the Funds' valuation designee pursuant to SEC Rule 2a-5. Accordingly, this responsibility includes monitoring PGI's valuation policies and procedures applicable to the Funds.

<sup>5</sup> The Board has delegated to other committees oversight of various legal and regulatory requirements. The Audit Committee's function is limited to the activities set forth in this charter.

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Each member of the Committee shall be financially literate, as such qualification is interpreted by the Funds' Board in its business judgment. At least one member of the Committee must have accounting or related financial management expertise, as the Board interprets such qualification in its business judgment. The Board will determine whether any member of the Committee is an "audit committee financial expert" as defined in Item 3 of Form N-CSR.

There shall be four regular meetings of the Committee each year. In conjunction with these meetings, the Committee shall meet in private executive sessions. The Committee or its Chair may call additional meetings as each deems appropriate. The Committee shall meet periodically, in separate executive sessions, with representatives of Fund Management, the Manager's internal auditors and the Funds' independent registered public accounting firm. The Committee may also request to meet with internal legal counsel and compliance personnel of the Manager and with personnel of entities that provide significant accounting or administrative services to the Funds to discuss matters relating to the Funds' accounting and compliance as well as other Fund-related matters.

Except as provided by law, the following provisions shall govern the conduct of Committee meetings:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• <u>Notice</u>. Notice shall be given as provided for meetings of the Board of Directors/Trustees of the Principal Funds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• <u>Quorum</u>. At any Committee meeting a majority of the Committee members shall constitute a quorum. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• <u>Action by Vote</u>. When a quorum is present at any meeting, a majority of Committee members may take any action.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• <u>Action by Written Consent</u>. Any action required or permitted to be taken at any Committee meeting may be taken without a meeting if all of the Committee members consent to the action in writing or by electronic transmission and such consents are filed with the records of the meetings of the Committee. Such consent shall be treated for all purposes as a vote taken at a Committee meeting.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• <u>Presence Through Communications Equipment</u>. The members of the Committee may participate in a Committee meeting by means of a conference telephone or other communications equipment by means of which all persons participating in the meeting can hear each other at the same time. Participation by such means shall constitute presence in person at a meeting.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• <u>Minutes</u>. Minutes of the meeting shall be taken and circulated to all members of the Committee in a timely manner.

**Responsibilities**

The Responsibilities of the Committee include, but are not limited to, the following:

***Overseeing Valuation Process:***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Review and approve modifications to the Funds' and their valuation designee's valuation policies and procedures, as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Review activities of the Valuation committee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Review Money Market Fund oversight.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Review NAV error reports, and errors/omissions reports.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Review the fair valuation process.

***Overseeing Financial Reporting Process:***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Review with Fund management and the independent registered public accounting firm, the organizational structure, reporting relationship, adequacy of resources and qualifications of the senior Fund management personnel responsible for accounting and financial reporting.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Review any legal or regulatory matters that arise that could have a material impact on the Funds' financial statements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Oversee the compliance with the Funds' Code of Ethics for Principal Executive and Senior Financial Officers and consider changes prior to presentation for Board approval.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Review after fiscal year end, prior to the filing of the Funds' annual financial statements, a report from the independent registered public accounting firm on:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ All critical accounting policies and practices to be used;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ All alternative treatments of financial information within generally accepted accounting principles for policies and practices related to material items that have been discussed with Fund management, the ramifications of the use of such alternative disclosures and treatments, and the treatment preferred by the independent registered public accounting firm;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Other material written communications between the independent registered public accounting firm and Fund management including any audit problems or difficulties and management's response, the management representation letter or schedule of unadjusted differences, if any; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ All non-audit services provided to an entity in the "investment company complex" as defined in paragraph (f)(14) of Rule 2-01 of Regulation S-X that were not pre-approved by the Audit Committee.

***Monitoring System of Internal Controls:***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Review with Fund management and the independent registered public accounting firm their separate evaluation of the adequacy and effectiveness of the Funds' system of internal controls, including those of the Funds' service providers.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Review with the Manager's internal auditors any findings or recommendations related to the Funds' systems for accounting, valuation, financial reporting and internal controls and Fund management's response.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Receive and review a report from the Manager's internal auditors regarding any complaints on accounting, valuation, auditing and internal control matters.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Receive and review information from the Principal Financial Group's Chief Internal Auditor and the Funds' Chief Compliance Officer regarding any complaints concerning questionable accounting, valuation, internal accounting controls, audit matters, or fund accounting matters made through the Principal Financial Group's "whistleblower" procedures by employees of the Funds or the investment advisor, sub-advisors, administrators, principal underwriters, or any other provider of accounting related services for the Funds. Principal Financial Group's whistleblower procedures are intended to empower employees and others to confidentially and anonymously report any unethical employee behavior, and those procedures will be used to facilitate the identification by the Principal Financial Group's Chief Internal Auditor and the Funds' Chief Compliance Officer of complaint information for the Audit Committee's review.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Review with the Funds' principal executive officer and/or principal financial officer, in connection with the required certifications on Form N-CSR, any significant deficiencies in the design or operation of internal control over financial reporting or material weaknesses therein and any reported evidence of fraud involving management or other employees who have a significant role in the Funds' internal control over financial reporting.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Review the Manager's internal audit function, including its audit plans, staffing and explanations for any deviations from plans.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Review PGI's valuation risk matrix for the Funds at least annually in addition to other reports required by SEC Rule 2a-5.

***Overseeing the Engagement and Performance of the Funds' Independent Registered Public Accounting Firm:***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Following evaluation, approve and recommend to the Board, the appointment, retention or termination of any independent registered public accounting firm employed by the Funds and approve the fees and other compensation to be paid to such independent registered public accounting firm.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Meet with the Funds' independent registered public accounting firm, including private meetings, as necessary, to: (i) review the arrangements for the annual audit and any other audits or non-audit services; (ii) discuss any matters of concern brought to its attention relating to the Funds' financial statements, including any proposed adjustments to such statements recommended by the independent registered public accounting firm, or other results of said audit(s); (iii) consider the independent registered public accounting firm's comments with respect to the Funds' financial policies, procedures and internal accounting controls and management's responses thereto; (iv) review with management and the independent registered public accounting firm the annual financial statements, including a discussion with the independent registered public accounting firm of matters required by professional standards and (v) review the form of opinion the independent registered public accounting firm proposes to render to the Board.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Receive and evaluate on a periodic basis the formal written disclosures and letters from the independent registered public accounting firm as required by the Public Company Accounting Oversight Board ("PCAOB") Rule 3526.<sup>6</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Set policies relating to the hiring by entities within the Fund complex of employees or former employees of the independent registered public accounting firm.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Obtain and review a report by the independent registered public accounting firm, at least annually, describing any material issues raised by the most recent PCAOB review of the independent registered public accounting firm or by any inquiry or investigation by governmental or professional authorities, within the preceding five years, respecting one or more independent audits carried out by the firm.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Review and pre-approve all services, including all audit and non-audit services, performed by the Funds' independent registered public accounting firm for the Funds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Review and pre-approve all non-audit services performed by the Funds' independent registered public accounting firm for the Manager or any entity controlling, controlled by or under common

<sup>6</sup> PCAOB Rule 3526 generally requires, among other things, that an auditor: (i) describe to the Committee, in writing, all relationships between the registered public accounting firm or any affiliates of the firm and the audit client or persons in financial reporting oversight roles at the audit client that, as of the date of the communication, may reasonably be thought to bear on independence; (ii) discuss with the Committee the potential effects of the relationships described in (i) on the independence of the registered public accounting firm; (iii) affirm to the Committee, in writing, that, as of the date of the communication, the registered public accounting firm is independent in compliance with PCAOB Rule 3520; and (iv) document the substance of its discussion with the Committee.

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control with the Manager that provides ongoing services to the Funds, if the engagement relates directly to the operations and financial reporting of the Funds; and to develop, to the extent deemed appropriate by the Committee, policies and procedures for pre-approval of the engagement of the Funds' independent registered public accounting firm to provide any of these non-audit services.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Consider the controls applied by the independent registered public accounting firm in an effort to assure that all items requiring pre-approval by the Committee are identified and referred to the Committee in a timely fashion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Review annual audit plans of the independent registered public accounting firm for the Funds.

**Other Responsibilities**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Report activities to the Boards of Directors/Trustees on a regular basis.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Conduct an annual self-evaluation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Maintain communication with counsel for independent directors/trustees.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Investigate any other matter brought to its attention within the scope of its duties, with the authority in its discretion to retain legal, accounting or other experts or consultants to advise the Committee, at the expense of the Funds, if, in the Committee's judgment, that is appropriate.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Perform any other acts consistent with this Charter, the Funds' Charter, By-Laws and governing law, as the Committee or the Board deems necessary or appropriate.

**Funding**

The Committee shall receive appropriate funding, as determined by the Committee, for payment of (i) compensation to the independent registered public accounting firm for approved audit or non-audit services for the Funds; (ii) compensation to any legal, accounting or other experts or consultants retained by the Committee; and (iii) ordinary administrative expenses of the Committee that are necessary or appropriate in carrying out its duties.

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PFI_Trad_100154_0423 PO Box 211230, Eagan, MN 55121-9984 VOTE BY MAIL 1. Read the proxy statement. 2. Check the appropriate box(es) on the reverse side of the proxy card. 3. Sign, date and return the proxy card in the envelope provided. VOTE ONLINE 1. Read the proxy statement and have the proxy card at hand. 2. Go to: www.proxyvotenow.com/pfi2023 3. Follow the simple instructions. VOTE BY PHONE 1. Read the proxy statement and have the proxy card at hand. 2. Call toll-free: 877-718-7240 3. Follow the simple instructions. FUND NAME PRINTS HERE PROXY FOR THE ANNUAL MEETING OF SHAREHOLDERS OF PRINCIPAL FUNDS, INC. TO BE HELD APRIL 26, 2023 THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS The undersigned shareholder of the above-referenced Fund (the "Fund") hereby appoints each of Laura Latham, Adam Shaikh, and Clint Woods, collectively or individually, as his or her attorney-in-fact and proxy, with the power of substitution of each, to vote and act with respect to all shares of the Fund, which the undersigned is entitled to vote at the Annual Meeting of Shareholders to be held on April 26, 2023 at 10:00 a.m. Central Time, at 801 Grand Avenue, Des Moines, Iowa 50392, and at any adjournment thereof. The attorneys named will vote the shares represented by this proxy in accordance with the choice made on this ballot. IF THIS PROXY IS PROPERLY EXECUTED BUT NO CHOICE IS INDICATED AS TO THE PROPOSALS, THIS PROXY WILL BE VOTED "FOR" THE PROPOSALS. DISCRETIONARY AUTHORITY IS HEREBY CONFERRED AS TO ALL OTHER MATTERS AS MAY PROPERLY COME BEFORE THE ANNUAL MEETING OR ANY ADJOURNMENT THEREOF. CONTROL NUMBER AUTHORIZED SIGNATURE(S) This section must be completed for your vote to be counted. Signature(s) and Title(s), if applicable Sign in the box above Date Note: Please sign exactly as your name(s) appear(s) on this proxy card. If signing for estates, trusts, or other fiduciaries, your title or capacity should be stated and where more than one name appears, a majority must sign. If shares are held jointly, one or more joint owners should

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PFI_Trad_100154_0423 sign personally. If a corporation, the signature should be that of an authorized officer who should state his or her title.

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PFI_Trad_100154_0423 Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Shareholders to be held on April 26, 2023. The Proxy Statement for this Meeting is available at https://proxyvotinginfo.com/p/principal2023 YOUR VOTE IS IMPORTANT NO MATTER HOW MANY SHARES YOU OWN. PLEASE CAST YOUR VOTE TODAY! YOUR SIGNATURE IS REQUIRED FOR YOUR VOTE TO BE COUNTED. IF YOU ARE NOT VOTING BY PHONE OR INTERNET, PLEASE SIGN AND DATE THIS PROXY CARD ON THE REVERSE SIDE AND RETURN IT PROMPTLY IN THE ENCLOSED ENVELOPE. This proxy is solicited on behalf of the Board of Directors. It will be voted as specified. If no specification is made, this proxy shall be voted "FOR" the proposals. The Board of Directors has voted in favor of all the proposals and recommends that you vote "FOR" all the proposals. TO VOTE, MARK BOX(ES) BELOW IN BLUE OR BLACK INK AS FOLLOWS: 1. To elect thirteen Directors to the Board of Directors (Shareholders of all Funds). FOR ALL WITHHOLD ALL FOR ALL EXCEPT\* (01) Leroy T. Barnes, Jr. (08) Karen McMillan    (02) Craig Damos (09) Elizabeth A. Nickels (03) Katharin S. Dyer (10) Mary M. VanDeWeghe (04) Frances P. Grieb (11) Kamal Bhatia (05) Fritz S. Hirsch (12) Patrick G. Halter (06) Victor L. Hymes (13) Kenneth A. McCullum (07) Padelford L. Lattimer \*Instruction: To withhold authority to vote for any individual nominee(s), mark the FOR ALL EXCEPT box and write the nominee(s) number(s) on the line below. FOR AGAINST ABSTAIN 2. To approve the ability of Principal Global Investors, LLC to enter into and/or materially amend agreements with all sub-advisors, regardless of the degree of affiliation, on behalf of the Fund without obtaining shareholder approval (Shareholders of all Funds except, Global Sustainable Listed Infrastructure Fund).   

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PFI_OV_100154_0423 PO Box 211230, Eagan, MN 55121-9984 VOTE BY MAIL 1. Read the proxy statement. 2. Check the appropriate box(es) on the reverse side of the proxy card. 3. Sign, date and return the proxy card in the envelope provided VOTE ONLINE 1. Read the proxy statement and have the proxy card at hand. 2. Go to www.proxyvotenow.com/pfi2023 3. Follow the simple instructions. VOTE BY PHONE 1. Read the proxy statement and have the proxy card at hand. 2. Call toll-free 877-718-7240 3. Follow the simple instructions. PRINCIPAL FUNDS, INC. PROXY FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD APRIL 26, 2023 THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS The undersigned shareholder of the Funds listed on the reverse side of this proxy card (the "Funds") hereby appoints each of Laura Latham, Adam Shaikh, and Clint Woods, collectively or individually, as his or her attorney-in-fact and proxy, with the power of substitution of each, to vote and act with respect to all shares of the Funds, which the undersigned is entitled to vote at the Annual Meeting of Shareholders to be held on April 26, 2023 at 10:00 a.m. Central Time, at 801 Grand Avenue, Des Moines, Iowa 50392, and at any adjournment thereof. The attorneys named will vote the shares represented by this proxy in accordance with the choice made on this ballot. IF THIS PROXY IS PROPERLY EXECUTED BUT NO CHOICE IS INDICATED AS TO THE PROPOSALS, THIS PROXY WILL BE VOTED "FOR" THE PROPOSALS. DISCRETIONARY AUTHORITY IS HEREBY CONFERRED AS TO ALL OTHER MATTERS AS MAY PROPERLY COME BEFORE THE ANNUAL MEETING OR ANY ADJOURNMENT THEREOF. CONTROL NUMBER AUTHORIZED SIGNATURE(S) This section must be completed for your vote to be counted. Signature(s) and Title(s), if applicable Sign in the box above Date Note: Please sign exactly as your name(s) appear(s) on this proxy card. If signing for estates, trusts, or other fiduciaries, your title or capacity should be stated and where more than one name appears, a majority must sign. If shares are held jointly, one or more joint owners should sign personally. If a corporation, the signature should be that of an authorized officer who should state his or her title.

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PFI_OV_100154_0423 YOUR SIGNATURE ON THIS CARD IS REQUIRED FOR YOUR VOTE TO BE COUNTED. IF YOU ARE NOT VOTING BY TELEPHONE OR INTERNET, PLEASE BE SURE TO SIGN, DATE, AND RETURN ALL PAGES OF THIS CARD IN THE ENCLOSED ENVELOPE. IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS for the Annual Meeting of Shareholders to be held on April 26, 2023. Please refer to the Proxy Statement for a discussion of each of these matters. The Proxy Statement for this Meeting is available at https://proxyvotinginfo.com/p/principal2023 This card represents all your accounts with the same registration and address. YOUR FUNDS YOUR FUNDS YOUR FUNDS FundName1 FundName2 FundName3 FundName4 FundName5 FundName6 This proxy is solicited on behalf of the Board of Directors. It will be voted as specified. If no specification is made, this proxy will be voted "FOR" the proposals. If any other matters properly come before the Meeting to be voted on, the proxy holders will vote, act and consent on these matters in accordance with the views of management. The Board of Directors has voted in favor of all the proposals and recommends that you vote "FOR" all the proposals. TO VOTE, MARK BOX(ES) BELOW IN BLUE OR BLACK IN AS FOLLOWS:  1. To elect thirteen Directors to the Board of Directors (Shareholders of all Funds). FOR ALL WITHHOLD ALL FOR ALL EXCEPT\* (01) Leroy T. Barnes, Jr. (08) Karen McMillan    (02) Craig Damos (09) Elizabeth A. Nickels (03) Katharin S. Dyer (10) Mary M. VanDeWeghe (04) Frances P. Grieb (11) Kamal Bhatia (05) Fritz S. Hirsch (12) Patrick G. Halter (06) Victor L. Hymes (13) Kenneth A. McCullum (07) Padelford L. Lattimer \*Instruction: To withhold authority to vote for any individual nominee(s), mark the FOR ALL EXCEPT box and write the nominee(s) number(s) on the line below. 2. To approve the ability of Principal Global Investors, LLC to enter into and/or materially amend agreements with all sub-advisors, regardless of the degree of affiliation, on behalf of the Fund without obtaining shareholder approval (Shareholders of all Funds, except Global Sustainable Listed Infrastructure Fund). To vote all Funds FOR  To vote all Funds AGAINST  To ABSTAIN votes for all Funds , or vote separately by Fund(s) below. If you own the same fund in multiple accounts, that fund name will appear multiple times. FOR AGAINST ABSTAIN FOR AGAINST ABSTAIN 01 FundName1    02 FundName2    03 FundName3    04 FundName4    05 FundName5    06 FundName6   

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PFI-VIC_Trad_100154_0423 PO Box 211230, Eagan, MN 55121-9984 VOTE BY MAIL 1. Read the proxy statement. 2. Check the appropriate box(es) on the reverse side of the card. 3. Sign, date and return the card in the envelope provided. VOTE ONLINE 1. Read the proxy statement and have the card at hand. 2. Go to: www.proxyvotenow.com/pfi2023 3. Follow the simple instructions. VOTE BY PHONE 1. Read the proxy statement and have the card at hand. 2. Call toll-free: 877-718-7240 3. Follow the simple instructions. FUND NAME PRINTS HERE INSURANCE COMPANY NAME PRINTS HERE PROXY FOR THE ANNUAL MEETING OF SHAREHOLDERS OF PRINCIPAL FUNDS, INC. TO BE HELD APRIL 26, 2023 THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS The undersigned, an owner or participant in an annuity or life insurance contract (the "Contract") of the above-named Fund (the "Fund"), hereby appoints and authorizes the insurance company named above (the "Company") to vote and act with respect to all shares of the Fund, which are attributable to the undersigned's participation in the Contract, at the Annual Meeting of Shareholders to be held on April 26, 2023 at 10:00 a.m. Central Time, at 801 Grand Avenue, Des Moines, Iowa 50392, and at any adjournment thereof. The Company will vote the shares represented by this card in accordance with the choices made on this card. If a card is not marked to indicate voting instructions, but is signed, dated, and returned, it will be treated as an instruction to vote the shares in favor of the proposals. If you fail to return this voting instruction card, the Company will vote the shares attributable to the account value in the same proportion as votes cast by contract owners in the same separate account, when applicable. CONTROL NUMBER AUTHORIZED SIGNATURE(S) This section must be completed for your vote to be counted. Signature(s) and Title(s), if applicable Sign in the box above Date Note: Please sign exactly as your name(s) appear(s) on this card. If signing for estates, trusts, or other fiduciaries, your title or capacity should be stated and where more than one name appears, a majority must sign. If shares are held jointly, one or more joint owners should sign

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PFI-VIC_Trad_100154_0423 personally. If a corporation, the signature should be that of an authorized officer who should state his or her title.

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PFI-VIC_Trad_100154_0423 Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Shareholders to be held on April 26, 2023. The Proxy Statement for this Meeting is available at https://proxyvotinginfo.com/p/principal2023 YOUR VOTE IS IMPORTANT NO MATTER HOW MANY SHARES YOU OWN. PLEASE CAST YOUR VOTE TODAY! YOUR SIGNATURE IS REQUIRED FOR YOUR VOTE TO BE COUNTED. IF YOU ARE NOT VOTING BY PHONE OR INTERNET, PLEASE SIGN AND DATE THIS CARD ON THE REVERSE SIDE AND RETURN IT PROMPTLY IN THE ENCLOSED ENVELOPE. This proxy is solicited on behalf of the Board of Directors. It will be voted as specified. If no specification is made, this card shall be voted "FOR" the proposals. The Board of Directors has voted in favor of all the proposals and recommends that you vote "FOR" all the proposals. TO VOTE, MARK BOX(ES) BELOW IN BLUE OR BLACK INK AS FOLLOWS: 1. To elect thirteen Directors to the Board of Directors (Shareholders of all Funds). FOR ALL WITHHOLD ALL FOR ALL EXCEPT\* (01) Leroy T. Barnes, Jr. (08) Karen McMillan    (02) Craig Damos (09) Elizabeth A. Nickels (03) Katharin S. Dyer (10) Mary M. VanDeWeghe (04) Frances P. Grieb (11) Kamal Bhatia (05) Fritz S. Hirsch (12) Patrick G. Halter (06) Victor L. Hymes (13) Kenneth A. McCullum (07) Padelford L. Lattimer \*Instruction: To withhold authority to vote for any individual nominee(s), mark the FOR ALL EXCEPT box and write the nominee(s) number(s) on the line below. FOR AGAINST ABSTAIN 2. To approve the ability of Principal Global Investors, LLC to enter into and/or materially amend agreements with all sub-advisors, regardless of the degree of affiliation, on behalf of the Fund without obtaining shareholder approval (Shareholders of all Funds except, Global Sustainable Listed Infrastructure Fund).   

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PFI-VIC-NI_Trad_100154_0423 PO Box 211230, Eagan, MN 55121-9984 VOTE BY MAIL 1. Read the proxy statement. 2. Check the appropriate box(es) on the reverse side of the card. 3. Sign, date and return the card in the envelope provided. VOTE ONLINE 1. Read the proxy statement and have the card at hand. 2. Go to: www.proxyvotenow.com/pfi2023 3. Follow the simple instructions. VOTE BY PHONE 1. Read the proxy statement and have the card at hand. 2. Call toll-free: 877-718-7240 3. Follow the simple instructions. FUND NAME PRINTS HERE PROXY FOR THE ANNUAL MEETING OF SHAREHOLDERS OF PRINCIPAL FUNDS, INC. TO BE HELD APRIL 26, 2023 THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS The undersigned, an owner or participant in an annuity or life insurance contract (the "Contract") of the above-named Fund (the "Fund"), hereby appoints and authorizes the insurance company that issued the Contract (the "Company") to vote and act with respect to all shares of the Fund, which are attributable to the undersigned's participation in the Contract, at the Annual Meeting of Shareholders to be held on April 26, 2023 at 10:00 a.m. Central Time, at 801 Grand Avenue, Des Moines, Iowa 50392, and at any adjournment thereof. The Company will vote the shares represented by this card in accordance with the choices made on this card. If a card is not marked to indicate voting instructions, but is signed, dated, and returned, it will be treated as an instruction to vote the shares in favor of the proposals. If you fail to return this voting instruction card, the Company will vote the shares attributable to the account value in the same proportion as votes cast by contract owners in the same separate account, when applicable. CONTROL NUMBER AUTHORIZED SIGNATURE(S) This section must be completed for your vote to be counted. Signature(s) and Title(s), if applicable Sign in the box above Date Note: Please sign exactly as your name(s) appear(s) on this card. If signing for estates, trusts, or other fiduciaries, your title or capacity should be stated and where more than one name appears, a majority must sign. If shares are held jointly, one or more joint owners should sign

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PFI-VIC-NI_Trad_100154_0423 personally. If a corporation, the signature should be that of an authorized officer who should state his or her title.

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PFI-VIC-NI_Trad_100154_0423 Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Shareholders to be held on April 26, 2023. The Proxy Statement for this Meeting is available at https://proxyvotinginfo.com/p/principal2023 YOUR VOTE IS IMPORTANT NO MATTER HOW MANY SHARES YOU OWN. PLEASE CAST YOUR VOTE TODAY! YOUR SIGNATURE IS REQUIRED FOR YOUR VOTE TO BE COUNTED. IF YOU ARE NOT VOTING BY PHONE OR INTERNET, PLEASE SIGN AND DATE THIS CARD ON THE REVERSE SIDE AND RETURN IT PROMPTLY IN THE ENCLOSED ENVELOPE. This proxy is solicited on behalf of the Board of Directors. It will be voted as specified. If no specification is made, this card shall be voted "FOR" the proposals. The Board of Directors has voted in favor of all the proposals and recommends that you vote "FOR" all the proposals. TO VOTE, MARK BOX(ES) BELOW IN BLUE OR BLACK INK AS FOLLOWS: 1. To elect thirteen Directors to the Board of Directors (Shareholders of all Funds). FOR ALL WITHHOLD ALL FOR ALL EXCEPT\* (01) Leroy T. Barnes, Jr. (08) Karen McMillan    (02) Craig Damos (09) Elizabeth A. Nickels (03) Katharin S. Dyer (10) Mary M. VanDeWeghe (04) Frances P. Grieb (11) Kamal Bhatia (05) Fritz S. Hirsch (12) Patrick G. Halter (06) Victor L. Hymes (13) Kenneth A. McCullum (07) Padelford L. Lattimer \*Instruction: To withhold authority to vote for any individual nominee(s), mark the FOR ALL EXCEPT box and write the nominee(s) number(s) on the line below. FOR AGAINST ABSTAIN 2. To approve the ability of Principal Global Investors, LLC to enter into and/or materially amend agreements with all sub-advisors, regardless of the degree of affiliation, on behalf of the Fund without obtaining shareholder approval (Shareholders of all Funds except, Global Sustainable Listed Infrastructure Fund).   

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PFI-VIC_OV_100154_0423 PO Box 211230, Eagan, MN 55121-9984 VOTE BY MAIL 1. Read the proxy statement. 2. Check the appropriate box(es) on the reverse side of the card. 3. Sign, date and return the card in the envelope provided. VOTE ONLINE 1. Read the proxy statement and have the card at hand. 2. Go to www.proxyvotenow.com/pfi2023 3. Follow the simple instructions. VOTE BY PHONE 1. Read the proxy statement and have the card at hand. 2. Call toll-free 877-718-7240 3. Follow the simple instructions. INSURANCE COMPANY NAME PRINTS HERE PRINCIPAL FUNDS, INC. PROXY FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD APRIL 26, 2023 THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS The undersigned, an owner or participant in an annuity or life insurance contract (the "Contract") of the Funds listed on the reverse side of this card (the "Funds"), hereby appoints and authorizes the insurance company named above (the "Company") to vote and act with respect to all shares of the Funds, which are attributable to the undersigned's participation in the Contract, at the Annual Meeting of Shareholders to be held on April 26, 2023 at 10:00 a.m. Central Time, at 801 Grand Avenue, Des Moines, Iowa 50392, and at any adjournment thereof. The Company will vote the shares represented by this card in accordance with the choices made on this card. If a card is not marked to indicate voting instructions, but is signed, dated, and returned, it will be treated as an instruction to vote the shares in favor of the proposals. If you fail to return this voting instruction card, the Company will vote the shares attributable to the account value in the same proportion as votes cast by contract owners in the same separate account, when applicable. CONTROL NUMBER AUTHORIZED SIGNATURE(S) This section must be completed for your vote to be counted. Signature(s) and Title(s), if applicable Sign in the box above Date Note: Please sign exactly as your name(s) appear(s) on this card. If signing for estates, trusts, or other fiduciaries, your title or capacity should be stated and where more than one name appears, a majority must sign. If shares are held jointly, one or more joint owners should sign

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PFI-VIC_OV_100154_0423 personally. If a corporation, the signature should be that of an authorized officer who should state his or her title.

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PFI-VIC_OV_100154_0423 YOUR SIGNATURE ON THIS CARD IS REQUIRED FOR YOUR VOTE TO BE COUNTED. IF YOU ARE NOT VOTING BY TELEPHONE OR INTERNET, PLEASE BE SURE TO SIGN, DATE, AND RETURN ALL PAGES OF THIS CARD IN THE ENCLOSED ENVELOPE. IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS for the Annual Meeting of Shareholders to be held on April 26, 2023. Please refer to the Proxy Statement for a discussion of each of these matters. The Proxy Statement for this Meeting is available at https://proxyvotinginfo.com/p/principal2023 This card represents all your accounts with the same registration and address. YOUR FUNDS YOUR FUNDS YOUR FUNDS FundName1 FundName2 FundName3 FundName4 FundName5 FundName6 This proxy is solicited on behalf of the Board of Directors. It will be voted as specified. If no specification is made, this card will be voted "FOR" the proposals. If any other matters properly come before the Meeting to be voted on, the Company will vote, act and consent on these matters in accordance with the views of management. The Board of Directors has voted in favor of all the proposals and recommends that you vote "FOR" all the proposals. TO VOTE, MARK BOX(ES) BELOW IN BLUE OR BLACK IN AS FOLLOWS:  1. To elect thirteen Directors to the Board of Directors (Shareholders of all Funds). FOR ALL WITHHOLD ALL FOR ALL EXCEPT\* (01) Leroy T. Barnes, Jr. (08) Karen McMillan    (02) Craig Damos (09) Elizabeth A. Nickels (03) Katharin S. Dyer (10) Mary M. VanDeWeghe (04) Frances P. Grieb (11) Kamal Bhatia (05) Fritz S. Hirsch (12) Patrick G. Halter (06) Victor L. Hymes (13) Kenneth A. McCullum (07) Padelford L. Lattimer \*Instruction: To withhold authority to vote for any individual nominee(s), mark the FOR ALL EXCEPT box and write the nominee(s) number(s) on the line below. 2. To approve the ability of Principal Global Investors, LLC to enter into and/or materially amend agreements with all sub-advisors, regardless of the degree of affiliation, on behalf of the Fund without obtaining shareholder approval (Shareholders of all Funds, except Global Sustainable Listed Infrastructure Fund). To vote all Funds FOR  To vote all Funds AGAINST  To ABSTAIN votes for all Funds , or vote separately by Fund(s) below. If you own the same fund in multiple accounts, that fund name will appear multiple times. FOR AGAINST ABSTAIN FOR AGAINST ABSTAIN 01 FundName1    02 FundName2    03 FundName3    04 FundName4    05 FundName5    06 FundName6   

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PFI-VIC-NI_OV_100154_0423 PO Box 211230, Eagan, MN 55121-9984 VOTE BY MAIL 1. Read the proxy statement. 2. Check the appropriate box(es) on the reverse side of the card. 3. Sign, date and return the card in the envelope provided. VOTE ONLINE 1. Read the proxy statement and have the card at hand. 2. Go to www.proxyvotenow.com/pfi2023 3. Follow the simple instructions. VOTE BY PHONE 1. Read the proxy statement and have the card at hand. 2. Call toll-free 877-718-7240 3. Follow the simple instructions. PRINCIPAL FUNDS, INC. PROXY FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD APRIL 26, 2023 THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS The undersigned, an owner or participant in an annuity or life insurance contract (the "Contract") of the Funds listed on the reverse side of this card (the "Funds"), hereby appoints and authorizes the insurance company that issued the Contract (the "Company") to vote and act with respect to all shares of the Funds, which are attributable to the undersigned's participation in the Contract, at the Annual Meeting of Shareholders to be held on April 26, 2023 at 10:00 a.m. Central Time, at 801 Grand Avenue, Des Moines, Iowa 50392, and at any adjournment thereof. The Company will vote the shares represented by this card in accordance with the choices made on this card. If a card is not marked to indicate voting instructions, but is signed, dated, and returned, it will be treated as an instruction to vote the shares in favor of the proposals. If you fail to return this voting instruction card, the Company will vote the shares attributable to the account value in the same proportion as votes cast by contract owners in the same separate account, when applicable. CONTROL NUMBER AUTHORIZED SIGNATURE(S) This section must be completed for your vote to be counted. Signature(s) and Title(s), if applicable Sign in the box above Date Note: Please sign exactly as your name(s) appear(s) on this card. If signing for estates, trusts, or other fiduciaries, your title or capacity should be stated and where more than one name appears, a majority must sign. If shares are held jointly, one or more joint owners should sign

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PFI-VIC-NI_OV_100154_0423 personally. If a corporation, the signature should be that of an authorized officer who should state his or her title.

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PFI-VIC-NI_OV_100154_0423 YOUR SIGNATURE ON THIS CARD IS REQUIRED FOR YOUR VOTE TO BE COUNTED. IF YOU ARE NOT VOTING BY TELEPHONE OR INTERNET, PLEASE BE SURE TO SIGN, DATE, AND RETURN ALL PAGES OF THIS CARD IN THE ENCLOSED ENVELOPE. IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS for the Annual Meeting of Shareholders to be held on April 26, 2023. Please refer to the Proxy Statement for a discussion of each of these matters. The Proxy Statement for this Meeting is available at https://proxyvotinginfo.com/p/principal2023 This card represents all your accounts with the same registration and address. YOUR FUNDS YOUR FUNDS YOUR FUNDS FundName1 FundName2 FundName3 FundName4 FundName5 FundName6 This proxy is solicited on behalf of the Board of Directors. It will be voted as specified. If no specification is made, this card will be voted "FOR" the proposals. If any other matters properly come before the Meeting to be voted on, the Company will vote, act and consent on these matters in accordance with the views of management. The Board of Directors has voted in favor of all the proposals and recommends that you vote "FOR" all the proposals. TO VOTE, MARK BOX(ES) BELOW IN BLUE OR BLACK IN AS FOLLOWS:  1. To elect thirteen Directors to the Board of Directors (Shareholders of all Funds). FOR ALL WITHHOLD ALL FOR ALL EXCEPT\* (01) Leroy T. Barnes, Jr. (08) Karen McMillan    (02) Craig Damos (09) Elizabeth A. Nickels (03) Katharin S. Dyer (10) Mary M. VanDeWeghe (04) Frances P. Grieb (11) Kamal Bhatia (05) Fritz S. Hirsch (12) Patrick G. Halter (06) Victor L. Hymes (13) Kenneth A. McCullum (07) Padelford L. Lattimer \*Instruction: To withhold authority to vote for any individual nominee(s), mark the FOR ALL EXCEPT box and write the nominee(s) number(s) on the line below. 2. To approve the ability of Principal Global Investors, LLC to enter into and/or materially amend agreements with all sub-advisors, regardless of the degree of affiliation, on behalf of the Fund without obtaining shareholder approval (Shareholders of all Funds, except Global Sustainable Listed Infrastructure Fund). To vote all Funds FOR  To vote all Funds AGAINST  To ABSTAIN votes for all Funds , or vote separately by Fund(s) below. If you own the same fund in multiple accounts, that fund name will appear multiple times. FOR AGAINST ABSTAIN FOR AGAINST ABSTAIN 01 FundName1    02 FundName2    03 FundName3    04 FundName4    05 FundName5    06 FundName6   

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL FUNDS, INC. CALL CENTER OUTBOUND CALLING SCRIPT FOR MSFS and DA PURPOSES ONLY Updated: 2/23/2023 Hello, my name is (CSR FULL NAME). May I please speak with (SHAREHOLDER'S FULL NAME)? (Repeat the greeting if necessary) I am calling on a recorded line regarding your current investment in the <>. Materials were sent to you for the upcoming Annual Meeting of Shareholders scheduled to take place on April 26, 2023 and at this time we have not yet received your vote. The Board of Directors is recommending a vote IN FAVOR of the proposals. Would you like to vote along with their recommendation? (Pause for shareholders response) Confirming the vote with the shareholder: I am recording your vote (RECAP VOTING INSTRUCTIONS FOR ALL NOMINEES/PROPOSALS). For confirmation purposes please state your full name. (Pause for shareholder's response) According to our records, you reside in (city, state, zip code). (Pause for shareholder's response) To ensure that we have the correct address for the letter confirming your vote, please state your street address. (Pause for shareholder's response) Thank you. You will receive written confirmation of this vote within 3 to 5 business days. Upon receipt, please review and retain for your records. If you should have any questions, please call the toll-free number listed in the letter. Mr./Mrs./Ms. (SHAREHOLDER'S LAST NAME), your vote is important and your time today is appreciated. Thank you and have a good (MORNING, AFTERNOON, EVENING). If NO, a negative response from the shareholder, or a shareholder has not received the information: The purpose of the Meeting is <> With that being said, your Board of Directors is recommending a vote IN FAVOR of the proposals. Would you like to vote along with their recommendation? (Pause for shareholders response and answer questions they might have) If a shareholders still chooses not to vote: I understand you do not wish to vote at this time. Thank you and have a good day. Shareholder Not Available: We can be reached toll-free at 1-833-290-2605, Monday through Friday between the hours of 10:00AM and 11:00PM Eastern time. Your time today is appreciated. Thank you and have a good day. If YES or a positive response from the shareholder: If we identify any additional accounts you own prior to this meeting, would you like to vote those accounts in the same manner as you have voted with me today? (Pause for shareholders response) (Proceed to confirming the vote with the shareholder)

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&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL FUNDS, INC. CALL CENTER VOICEMAIL SCRIPT FOR MSFS and DA PURPOSES ONLY Updated: 2/23/2023 Hello. I am calling on behalf of your current investment in <>. The Annual Meeting of Shareholders is scheduled to take place on April 26, 2023. All shareholders are being asked to consider and vote on important matters. As of today your vote has not been registered. Your vote is important. Please contact us as soon as possible, toll-free at 1-833-290-2605, Monday through Friday between the hours of 10:00AM and 11:00PM Eastern time to cast your vote. Thank you and have a good day.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INBOUND - CLOSED RECORDING Thank you for calling the Principal proxy voting line. Our offices are closed. Please call us back during our normal business hours which are, Monday through Friday, 10:00 a.m. to 11:00 p.m. Eastern time. Thank you and have a nice day. INBOUND - CALL IN QUEUE MESSAGE Thank you for calling the Principal proxy voting line. Our proxy specialists are currently assisting other shareholders. Your call is important to us. Please continue to hold and your call will be answered in the order in which it was received. END OF CAMPAIGN MESSAGE\* Thank you for calling the Principal proxy voting line. The Joint Annual Meeting of Shareholders scheduled for April 26, 2023 has concluded. As a result, this toll-free number is no longer in service for proxy related shareholder calls. If you have questions about your investment in Principal Funds, Inc., Principal Variable Contracts Funds, Inc., Principal Exchange-Traded Funds or Principal Diversified Select Real Asset Fund, please contact your Financial Advisor or call Principal directly at 800-222-5852. Thank you. \*Please note that the End Of Campaign Message should not be applied until DCP has provided instruction to do so. PRINCIPAL 2023 INBOUND LINE MESSAGING

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## Cover

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| Principal Funds, Inc.<br>711 High Street, Des Moines, IA 50392<br>515 247 5111 tel | ![principallogoregcolora.jpg](principallogoregcolora.jpg) |

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February 24, 2023

Via EDGAR

Division of Investment Management

Securities and Exchange Commission

100 F Street, NE

Washington D.C. 20549

Re:&nbsp;&nbsp;&nbsp;&nbsp;Principal Funds, Inc.

&nbsp;&nbsp;&nbsp;&nbsp;PRE 14A

File No. 811-07572

Dear SEC Reviewer,

Principal Funds, Inc. (the "Registrant") is filing, pursuant to Regulation 14A under the Securities Exchange Act of 1934, as amended, with the Securities and Exchange Commission a Preliminary 14A proxy statement (the "Proxy Statement"), together with proposed proxy cards, voter instruction cards, and solicitation communications.

The Proxy Statement is being filed to solicit proxies from shareholders of the Registrant's series with an August 31 fiscal year end and an October 31 fiscal year end for purposes of voting at a joint annual meeting of shareholders of Principal Diversified Select Real Asset Fund, Principal Exchange-Traded Funds, Principal Variable Contracts Funds, Inc., and Principal Funds, Inc. to be held on April 26, 2023. It is our intent to file the Definitive 14A on March 6, 2023.

If you have questions, please call me at 515-247-5461.

Sincerely,

/s/ Clint L. Woods

Clint L. Woods

Counsel, Vice President and Assistant Secretary, Registrant

<br>