# EDGAR Filing Document

**Accession Number:** 0000898745
**File Stem:** 0000898745-26-000412
**Filing Date:** 2026-3
**Character Count:** 44888
**Document Hash:** 006719c99d60b30ee91337c5a024b4db
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000898745-26-000412.hdr.sgml**: 20260325

**ACCESSION NUMBER**: 0000898745-26-000412

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260325

**DATE AS OF CHANGE**: 20260325

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRINCIPAL FUNDS, INC.
- **CENTRAL INDEX KEY:** 0000898745

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07572
- **FILM NUMBER:** 26789587

**BUSINESS ADDRESS:**
- **STREET 1:** 711 HIGH STREET
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392
- **BUSINESS PHONE:** 515-235-9328

**MAIL ADDRESS:**
- **STREET 1:** PRINCIPAL FINANCIAL GROUP
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL FUNDS, INC
- **DATE OF NAME CHANGE:** 20211220

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL FUNDS INC
- **DATE OF NAME CHANGE:** 20080616

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL INVESTORS FUND INC
- **DATE OF NAME CHANGE:** 20001012

## Series and Classes Contracts Data

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

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019804 | R-3                 | PSBMX           |
| C000019805 | R-5                 | PSBPX           |
| C000019807 | Institutional Class | PSLIX           |
| C000019808 | Class J             | PSBJX           |
| C000019809 | Class A             | PLLAX           |
| C000175487 | R-6                 | PSMLX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Principal Funds, Inc

- **b. Investment Company Act file number:** 811-07572

- **c. CIK number of Registrant:** 0000898745

- **d. LEI of Registrant:** 549300HZGBXSW6DSXF23

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 711 High St

  - **City:** Des Moines

  - **State:** IA

  - **Foreign country:** US

  - **Zip / Postal Code:** 50392

  - **Telephone number:** 515-235-1719

**Item A.2. Information about the Series.**

- **a. Name of Series:** SmallCap Fund

- **b. EDGAR series identifier (if any):** S000007214

- **c. LEI of Series:** 5493008AXRXQLEL0TR95

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $2329960767.36

**Total Liabilities:** $29418962.57

**Net Assets:** $2300541804.79

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000175487 | 4.41%                | -1.82%               | 5.10%                |
| Class ID C000019805 | 4.40%                | -1.86%               | 5.07%                |
| Class ID C000019809 | 4.39%                | -1.83%               | 5.02%                |
| Class ID C000019804 | 4.34%                | -1.86%               | 5.05%                |
| Class ID C000019808 | 4.40%                | -1.83%               | 5.04%                |
| Class ID C000019807 | 4.38%                | -1.80%               | 5.04%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-16909080.65            | $115380258.14                              |
| Month 2  | $45590858.05             | $-88816664.17                              |
| Month 3  | $19983158.85             | $94561490.67                               |

### Schedule of Portfolio Investments

| Name                                               | Title                                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Newmark Group Inc                                  | Newmark Group Inc                                  | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1076700 | NS      | $19197561.00  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| InvenTrust Properties Corp                         | InvenTrust Properties Corp                         | CUSIP: 46124J201<br>LEI: 5493006BQYSOBYVUFA03 | Long             | EC               | CORP              | US        |    587100 | NS      | $17254869.00  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank Holdings Corp                        | National Bank Holdings Corp                        | CUSIP: 633707104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    192200 | NS      | $7722596.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Louisiana-Pacific Corp                             | Louisiana-Pacific Corp                             | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |    104000 | NS      | $8708960.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries Inc                               | Dycom Industries Inc                               | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |     82000 | NS      | $29879980.00  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Stride Inc                                         | Stride Inc                                         | CUSIP: 86333M108<br>LEI: 254900BRWS3AFONWU277 | Long             | EC               | CORP              | US        |    288700 | NS      | $24424020.00  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Government Money Market Fund - Class R-6 | Principal Government Money Market Fund - Class R-6 | CUSIP: 74257B639<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  49075564 | NS      | $49075563.75  | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Inc                                         | Vertex Inc                                         | CUSIP: 92538J106<br>LEI: 549300QMYW171MP1PL50 | Long             | EC               | CORP              | US        |    623126 | NS      | $11558987.30  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Sabra Health Care REIT Inc                         | Sabra Health Care REIT Inc                         | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               | CORP              | US        |   1069100 | NS      | $20024243.00  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Independent Bank Corp/MI                           | Independent Bank Corp/MI                           | CUSIP: 453838609<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    144200 | NS      | $5068630.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corp                                        | SiTime Corp                                        | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    107400 | NS      | $38998014.00  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Structure Therapeutics Inc                         | Structure Therapeutics Inc                         | CUSIP: 86366E106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    272200 | NS      | $24076090.00  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Co                               | Commercial Metals Co                               | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |    451200 | NS      | $34683744.00  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Helix Energy Solutions Group Inc                   | Helix Energy Solutions Group Inc                   | CUSIP: 42330P107<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | EC               | CORP              | US        |   1818000 | NS      | $14434920.00  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Brands Inc                                | BellRing Brands Inc                                | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |    445100 | NS      | $11069637.00  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Group Inc                                      | MYR Group Inc                                      | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |    127000 | NS      | $31755080.00  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Tutor Perini Corp                                  | Tutor Perini Corp                                  | CUSIP: 901109108<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | EC               | CORP              | US        |    187600 | NS      | $14799764.00  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln National Corp                              | Lincoln National Corp                              | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |    668900 | NS      | $27832929.00  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp                          | Taylor Morrison Home Corp                          | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |    479000 | NS      | $29195050.00  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corp                              | Stifel Financial Corp                              | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |    216000 | NS      | $26632800.00  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp                                | Curtiss-Wright Corp                                | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |     39600 | NS      | $26004924.00  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                           | Fabrinet                                           | CUSIP: G3323L100<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | TH        |     37251 | NS      | $18232129.44  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp                             | Webster Financial Corp                             | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |    385022 | NS      | $25322896.94  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Old National Bancorp/IN                            | Old National Bancorp/IN                            | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |    260000 | NS      | $6351800.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                                     | Ameris Bancorp                                     | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |    315700 | NS      | $25451734.00  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Callaway Golf Co                                   | Callaway Golf Co                                   | CUSIP: 131193104<br>LEI: 5493005UB0KFRKBPCU72 | Long             | EC               | CORP              | US        |   1452700 | NS      | $20846245.00  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Credo Technology Group Holding Ltd                 | Credo Technology Group Holding Ltd                 | CUSIP: G25457105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    269595 | NS      | $33774861.60  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Collegium Pharmaceutical Inc                       | Collegium Pharmaceutical Inc                       | CUSIP: 19459J104<br>LEI: 54930049FXZMTLW8D496 | Long             | EC               | CORP              | US        |    526800 | NS      | $24190656.00  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BOYD GROUP INC                                     | BOYD GROUP INC                                     | CUSIP: 103310108<br>LEI: 549300FVHMLW88VSTP09 | Long             | EC               | CORP              | CA        |     69900 | NS      | $11508336.00  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Algonquin Power & Utilities Corp                   | Algonquin Power & Utilities Corp                   | CUSIP: 015857105<br>LEI: 549300K5VIUTJXQL7X75 | Long             | EC               | CORP              | CA        |   3336000 | NS      | $21850800.00  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinetik Holdings Inc                               | Kinetik Holdings Inc                               | CUSIP: 02215L209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    340100 | NS      | $13913491.00  | 0.60%             |  |  |  | No            |                  1 | On Loan: —       |
| Visteon Corp                                       | Visteon Corp                                       | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |    123800 | NS      | $11248468.00  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| AAR Corp                                           | AAR Corp                                           | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |    211600 | NS      | $22410556.00  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Axsome Therapeutics Inc                            | Axsome Therapeutics Inc                            | CUSIP: 05464T104<br>LEI: 549300EXGR0XLRJEIB95 | Long             | EC               | CORP              | US        |    158600 | NS      | $29222050.00  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co                            | Modine Manufacturing Co                            | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |    286400 | NS      | $52886624.00  | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera Inc                                         | Natera Inc                                         | CUSIP: 632307104<br>LEI: 529900CQ3OZ0A0VYVU59 | Long             | EC               | CORP              | US        |    137700 | NS      | $31827978.00  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings Inc                         | Southwest Gas Holdings Inc                         | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Long             | EC               | CORP              | US        |    426200 | NS      | $35297884.00  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| LCI Industries                                     | LCI Industries                                     | CUSIP: 50189K103<br>LEI: 549300E1B98YNJ1WIQ04 | Long             | EC               | CORP              | US        |    101600 | NS      | $14903704.00  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Abivax SA                                          | Abivax SA                                          | CUSIP: 00370M103<br>LEI: 969500D8TMNB184OJU95 | Long             | EC               | CORP              | FR        |    125200 | NS      | $13915980.00  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Cava Group Inc                                     | Cava Group Inc                                     | CUSIP: 148929102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    213000 | NS      | $12912060.00  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Ladder Capital Corp                                | Ladder Capital Corp                                | CUSIP: 505743104<br>LEI: 549300Q6LLV2QCV67C06 | Long             | EC               | CORP              | US        |    642800 | NS      | $7051516.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties Inc                             | Cousins Properties Inc                             | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |    658100 | NS      | $16610444.00  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| OneMain Holdings Inc                               | OneMain Holdings Inc                               | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |    232400 | NS      | $15231496.00  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Privia Health Group Inc                            | Privia Health Group Inc                            | CUSIP: 74276R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    963839 | NS      | $22380341.58  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Netskope Inc                                       | Netskope Inc                                       | CUSIP: 64119N608<br>LEI: 254900CS525VJG6KO570 | Long             | EC               | CORP              | US        |    878800 | NS      | $13050180.00  | 0.57%             |  |  |  | No            |                  1 | On Loan: —       |
| Darling Ingredients Inc                            | Darling Ingredients Inc                            | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |    387500 | NS      | $17693250.00  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp                                  | Chord Energy Corp                                  | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |    114400 | NS      | $11467456.00  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Immunocore Holdings PLC                            | Immunocore Holdings PLC                            | CUSIP: 45258D105<br>LEI: 213800IUE3DFS84BVN18 | Long             | EC               | CORP              | GB        |    322500 | NS      | $10497375.00  | 0.46%             |  |  |  | No            |                  1 | On Loan: —       |
| Via Transportation Inc                             | Via Transportation Inc                             | CUSIP: 92556W104<br>LEI: 5493008VI9XI9EV3A861 | Long             | EC               | CORP              | US        |    352000 | NS      | $8184000.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: —       |
| BJ's Wholesale Club Holdings Inc                   | BJ's Wholesale Club Holdings Inc                   | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |    126651 | NS      | $11707618.44  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Solaris Energy Infrastructure Inc                  | Solaris Energy Infrastructure Inc                  | CUSIP: 83418M103<br>LEI: 529900MTK3C8Y8TIIC10 | Long             | EC               | CORP              | US        |    608500 | NS      | $33583115.00  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgebio Pharma Inc                               | Bridgebio Pharma Inc                               | CUSIP: 10806X102<br>LEI: 54930028YG89VTY2J114 | Long             | EC               | CORP              | US        |    484700 | NS      | $37452769.00  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegro MicroSystems Inc                           | Allegro MicroSystems Inc                           | CUSIP: 01749D105<br>LEI: 54930004TGPV6DR3LE12 | Long             | EC               | CORP              | US        |    647100 | NS      | $23884461.00  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO International Inc                            | WESCO International Inc                            | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |    131000 | NS      | $37915330.00  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Viking Therapeutics Inc                            | Viking Therapeutics Inc                            | CUSIP: 92686J106<br>LEI: 529900IVC72YPFA25M37 | Long             | EC               | CORP              | US        |    298800 | NS      | $8677152.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Water Products Inc - Class A               | Mueller Water Products Inc - Class A               | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |   1034600 | NS      | $28006622.00  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| First Horizon Corp                                 | First Horizon Corp                                 | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               | CORP              | US        |   1324400 | NS      | $32434556.00  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferson Capital Inc                              | Jefferson Capital Inc                              | CUSIP: 47248R103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    623360 | NS      | $13321203.20  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Trex Co Inc                                        | Trex Co Inc                                        | CUSIP: 89531P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    393100 | NS      | $16282202.00  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings Inc                             | Boot Barn Holdings Inc                             | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |    112600 | NS      | $20096848.00  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Denali Therapeutics Inc                            | Denali Therapeutics Inc                            | CUSIP: 24823R105<br>LEI: 549300ZTQ2HO18L3Q830 | Long             | EC               | CORP              | US        |    669400 | NS      | $14552756.00  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| LifeStance Health Group Inc                        | LifeStance Health Group Inc                        | CUSIP: 53228F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1297600 | NS      | $9174032.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Gulfport Energy Corp                               | Gulfport Energy Corp                               | CUSIP: 402635502<br>LEI: 254900DJRGZBUZ3F5038 | Long             | EC               | CORP              | US        |    148000 | NS      | $30217160.00  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Lane Inc                                  | Hamilton Lane Inc                                  | CUSIP: 407497106<br>LEI: 5493006OKN3V1NORM833 | Long             | EC               | CORP              | US        |    162600 | NS      | $22965624.00  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AdaptHealth Corp                                   | AdaptHealth Corp                                   | CUSIP: 00653Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    717000 | NS      | $7205850.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Financial Corp                                 | UMB Financial Corp                                 | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |    286500 | NS      | $36425610.00  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Castle Biosciences Inc                             | Castle Biosciences Inc                             | CUSIP: 14843C105<br>LEI: 2549007M2Q4HLR1XD252 | Long             | EC               | CORP              | US        |    809738 | NS      | $31895579.82  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Varonis Systems Inc                                | Varonis Systems Inc                                | CUSIP: 922280102<br>LEI: 549300SHIVNRRH7STS26 | Long             | EC               | CORP              | US        |    643700 | NS      | $19208008.00  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| TKO Group Holdings Inc                             | TKO Group Holdings Inc                             | CUSIP: 87256C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    103300 | NS      | $20926514.00  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Co                          | Performance Food Group Co                          | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |    180718 | NS      | $17249533.10  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Montrose Environmental Group Inc                   | Montrose Environmental Group Inc                   | CUSIP: 615111101<br>LEI: 254900ASI8K3LUB8Q958 | Long             | EC               | CORP              | US        |    594200 | NS      | $13238776.00  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity FedFund - Institutional Class  | BlackRock Liquidity FedFund - Institutional Class  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |   2267527 | NS      | $2267527.38   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcBest Corp                                       | ArcBest Corp                                       | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |    179900 | NS      | $16230578.00  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group Inc                            | CNO Financial Group Inc                            | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |    491166 | NS      | $20653530.30  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Time Group Holdings Inc                       | Life Time Group Holdings Inc                       | CUSIP: 53190C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    861000 | NS      | $25115370.00  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Addus HomeCare Corp                                | Addus HomeCare Corp                                | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |    150500 | NS      | $15573740.00  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Entegris Inc                                       | Entegris Inc                                       | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |    122840 | NS      | $14503718.80  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Cytokinetics Inc                                   | Cytokinetics Inc                                   | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |    368700 | NS      | $23298153.00  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JFrog Ltd                                          | JFrog Ltd                                          | CUSIP: M6191J100<br>LEI: 2549002N8E00AY49G567 | Long             | EC               | CORP              | US        |    493900 | NS      | $27065720.00  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Immunome Inc                                       | Immunome Inc                                       | CUSIP: 45257U108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    629600 | NS      | $15500752.00  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingevity Corp                                      | Ingevity Corp                                      | CUSIP: 45688C107<br>LEI: 5493009UTFC4B5IMGF87 | Long             | EC               | CORP              | US        |    221800 | NS      | $14592222.00  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Riot Platforms Inc                                 | Riot Platforms Inc                                 | CUSIP: 767292105<br>LEI: 5299005LKZAJQDQZDF73 | Long             | EC               | CORP              | US        |    730400 | NS      | $11299288.00  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Lyft Inc                                           | Lyft Inc                                           | CUSIP: 55087P104<br>LEI: 549300H7I5VN334XVZ52 | Long             | EC               | CORP              | US        |    515500 | NS      | $8696485.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Adaptive Biotechnologies Corp                      | Adaptive Biotechnologies Corp                      | CUSIP: 00650F109<br>LEI: 549300ZTF7OT1FW66Q96 | Long             | EC               | CORP              | US        |    501600 | NS      | $9279600.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Wintrust Financial Corp                            | Wintrust Financial Corp                            | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |    178300 | NS      | $26297467.00  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                                         | Insmed Inc                                         | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |    288000 | NS      | $45178560.00  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies Inc                               | SPX Technologies Inc                               | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |    129660 | NS      | $27022440.60  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Vital Farms Inc                                    | Vital Farms Inc                                    | CUSIP: 92847W103<br>LEI: 549300S6NYY7ER3XOT61 | Long             | EC               | CORP              | US        |    874500 | NS      | $24879525.00  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| American Eagle Outfitters Inc                      | American Eagle Outfitters Inc                      | CUSIP: 02553E106<br>LEI: 5299001Z9HXK01DHW793 | Long             | EC               | CORP              | US        |    350000 | NS      | $8158500.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure Inc                        | Sterling Infrastructure Inc                        | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |    109600 | NS      | $39226936.00  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                              | American Homes 4 Rent                              | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |    546100 | NS      | $17103852.00  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| OR Royalties Inc                                   | OR Royalties Inc                                   | CUSIP: 68390D106<br>LEI: 549300TJZTXZMPQ6K004 | Long             | EC               | CORP              | CA        |    173800 | NS      | $6854672.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilysys Inc                                       | Agilysys Inc                                       | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |    163300 | NS      | $14166275.00  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Essent Group Ltd                                   | Essent Group Ltd                                   | CUSIP: G3198U102<br>LEI: 254900QUO860OUT6ZF83 | Long             | EC               | CORP              | BM        |    257900 | NS      | $16227068.00  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| RadNet Inc                                         | RadNet Inc                                         | CUSIP: 750491102<br>LEI: 529900RECG94V2IZJ970 | Long             | EC               | CORP              | US        |    371200 | NS      | $26021120.00  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| EnerSys                                            | EnerSys                                            | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |    165707 | NS      | $29858744.33  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Alumis Inc                                         | Alumis Inc                                         | CUSIP: 022307102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    481900 | NS      | $11811369.00  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc                      | Rexford Industrial Realty Inc                      | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |    533200 | NS      | $21610596.00  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Energy Industries Inc                     | Advanced Energy Industries Inc                     | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               | CORP              | US        |    180000 | NS      | $45964800.00  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| American Healthcare REIT Inc                       | American Healthcare REIT Inc                       | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               | CORP              | US        |    237800 | NS      | $11155198.00  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions Inc            | Kratos Defense & Security Solutions Inc            | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |    133700 | NS      | $13772437.00  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Sophia Genetics SA                                 | Sophia Genetics SA                                 | CUSIP: H82027105<br>LEI: 506700H1GPU9GGM8W895 | Long             | EC               | CORP              | CH        |    689000 | NS      | $3617250.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| FNB Corp/PA                                        | FNB Corp/PA                                        | CUSIP: 302520101<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | EC               | CORP              | US        |   1473796 | NS      | $25865119.80  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MP Materials Corp                                  | MP Materials Corp                                  | CUSIP: 553368101<br>LEI: 89450063PHPS61USMT84 | Long             | EC               | CORP              | US        |    155400 | NS      | $9132858.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Bicycle Therapeutics PLC                           | Bicycle Therapeutics PLC                           | CUSIP: 088786108<br>LEI: 213800XKUI6R7GKC3E43 | Long             | EC               | CORP              | GB        |    567800 | NS      | $3645276.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumexa Imaging Holdings Inc                        | Lumexa Imaging Holdings Inc                        | CUSIP: 550249106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    313360 | NS      | $3838660.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Lazard Inc                                         | Lazard Inc                                         | CUSIP: 52110M109<br>LEI: 254900RIBCDJSUFG1A11 | Long             | EC               | CORP              | US        |    562300 | NS      | $30206756.00  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindblad Expeditions Holdings Inc                  | Lindblad Expeditions Holdings Inc                  | CUSIP: 535219109<br>LEI: 549300GSPW24GZE6R597 | Long             | EC               | CORP              | US        |    704200 | NS      | $11739014.00  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceTitan Inc                                   | ServiceTitan Inc                                   | CUSIP: 81764X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    179600 | NS      | $14069864.00  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Perimeter Solutions Inc                            | Perimeter Solutions Inc                            | CUSIP: 71385M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    273300 | NS      | $7146795.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Parsons Corp                                       | Parsons Corp                                       | CUSIP: 70202L102<br>LEI: 549300ZXH0VRBSEPX752 | Long             | EC               | CORP              | US        |    259700 | NS      | $18194582.00  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp                                     | TD SYNNEX Corp                                     | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |    138377 | NS      | $21956278.59  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Huron Consulting Group Inc                         | Huron Consulting Group Inc                         | CUSIP: 447462102<br>LEI: 549300NGVB9H6TKTLE36 | Long             | EC               | CORP              | US        |    199600 | NS      | $33732400.00  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular Inc                                        | Popular Inc                                        | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |    182800 | NS      | $24409284.00  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Patterson-UTI Energy Inc                           | Patterson-UTI Energy Inc                           | CUSIP: 703481101<br>LEI: 254900XGFBKIXD6G0697 | Long             | EC               | CORP              | US        |   3246430 | NS      | $24445617.90  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

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

**Signature:** Megan Hoffmann

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

**Title:** Vice President and Treasurer