# EDGAR Filing Document

**Accession Number:** 0000898745
**File Stem:** 0000898745-25-000635
**Filing Date:** 2025-10
**Character Count:** 45338
**Document Hash:** 9ef0d0c803a4dc538faf1ac15f7dc9af
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000898745-25-000635.hdr.sgml**: 20251024

**ACCESSION NUMBER**: 0000898745-25-000635

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251024

**DATE AS OF CHANGE**: 20251024

**PERIOD START**: 20250831

**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:** 251415060

**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

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

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

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

  - **Street Address 1:** 801 Grand Ave

  - **City:** Des Moines

  - **State:** IA

  - **Foreign country:** US

  - **Zip / Postal Code:** 50309

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

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

- **a. Name of Series:** International Small Company Fund

- **b. EDGAR series identifier (if any):** S000045671

- **c. LEI of Series:** 5493005DM6DKJRUY3N14

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-08-31

**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:** $514456574.67

**Total Liabilities:** $6086782.09

**Net Assets:** $508369792.58

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000150254 | 3.90%                | -2.00%               | 4.85%                |
| Class ID C000176332 | 3.87%                | -2.07%               | 4.91%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5118323.14              | $12597107.06                               |
| Month 2  | $5918073.62              | $-15911652.88                              |
| Month 3  | $5653478.03              | $17905431.51                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Food & Life Cos Ltd                                | Food & Life Cos Ltd                                | CUSIP: N/A<br>LEI: 529900CWF7GCVZKS5M87       | Long             | EC               | CORP              | JP        |     97600 | NS      | $5629534.40   | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| TAG Immobilien AG                                  | TAG Immobilien AG                                  | CUSIP: N/A<br>LEI: 529900TAE68USJNXLR59       | Long             | EC               | CORP              | DE        |    326190 | NS      | $5844043.19   | 1.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Genesis Minerals Ltd                               | Genesis Minerals Ltd                               | CUSIP: N/A<br>LEI: 894500AK5BVRCNP0FP48       | Long             | EC               | CORP              | AU        |   1528137 | NS      | $4571509.84   | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Technip Energies NV                                | Technip Energies NV                                | CUSIP: N/A<br>LEI: 724500FLODI49NSCIP70       | Long             | EC               | CORP              | FR        |    105869 | NS      | $4893161.59   | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Osaka Cement Co Ltd                       | Sumitomo Osaka Cement Co Ltd                       | CUSIP: N/A<br>LEI: 5299001WJ26J6HQN5D67       | Long             | EC               | CORP              | JP        |     45800 | NS      | $1219357.55   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Weir Group PLC/The                                 | Weir Group PLC/The                                 | CUSIP: N/A<br>LEI: 549300KDR56WHY9I3D10       | Long             | EC               | CORP              | GB        |    140824 | NS      | $4690024.68   | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Hera SpA                                           | Hera SpA                                           | CUSIP: N/A<br>LEI: 8156009414FD99443B48       | Long             | EC               | CORP              | IT        |    911089 | NS      | $3916009.25   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Sopra Steria Group                                 | Sopra Steria Group                                 | CUSIP: N/A<br>LEI: 96950020QIOHAAK9V551       | Long             | EC               | CORP              | FR        |     19313 | NS      | $3585975.64   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Buzzi SpA                                          | Buzzi SpA                                          | CUSIP: N/A<br>LEI: 5299003DX5YLKSVJ6K59       | Long             | EC               | CORP              | IT        |     64120 | NS      | $3255956.40   | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Flight Centre Travel Group Ltd                     | Flight Centre Travel Group Ltd                     | CUSIP: N/A<br>LEI: 254900BGNUI78EKEJY68       | Long             | EC               | CORP              | AU        |    454382 | NS      | $3863037.71   | 0.76%             |  |  |  | No            |                  2 | On Loan: —       |
| Vallourec SACA                                     | Vallourec SACA                                     | CUSIP: N/A<br>LEI: 969500P2Q1B47H4MCJ34       | Long             | EC               | CORP              | FR        |    196163 | NS      | $3521681.34   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| IMI PLC                                            | IMI PLC                                            | CUSIP: N/A<br>LEI: 2138002W9Q21PF751R30       | Long             | EC               | CORP              | GB        |    177772 | NS      | $5462856.47   | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |
| ASR Nederland NV                                   | ASR Nederland NV                                   | CUSIP: N/A<br>LEI: 7245000G0HS48PZWUD53       | Long             | EC               | CORP              | NL        |     70283 | NS      | $4876094.70   | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Asics Corp                                         | Asics Corp                                         | CUSIP: N/A<br>LEI: 3538002LJMRZ83SU0B85       | Long             | EC               | CORP              | JP        |    148700 | NS      | $3997292.94   | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Concordia Financial Group Ltd                      | Concordia Financial Group Ltd                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    663200 | NS      | $5004085.47   | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Keppel DC REIT                                     | Keppel DC REIT                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SG        |   2613700 | NS      | $4805592.29   | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Wienerberger AG                                    | Wienerberger AG                                    | CUSIP: N/A<br>LEI: 529900VXIFBHO0SW2I31       | Long             | EC               | CORP              | AT        |    105325 | NS      | $3670366.34   | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Mirvac Group                                       | Mirvac Group                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   3474362 | NS      | $5354489.80   | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Fuso Chemical Co Ltd                               | Fuso Chemical Co Ltd                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    121800 | NS      | $3842828.18   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| JET2 PLC                                           | JET2 PLC                                           | CUSIP: N/A<br>LEI: I72RQ3PNLDPW8R7JIJ56       | Long             | EC               | CORP              | GB        |    175977 | NS      | $3875318.65   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| AUB Group Ltd                                      | AUB Group Ltd                                      | CUSIP: N/A<br>LEI: 5493005X7SUBQF3OEG82       | Long             | EC               | CORP              | AU        |    152435 | NS      | $3341248.50   | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| TV Asahi Holdings Corp                             | TV Asahi Holdings Corp                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    115100 | NS      | $2416703.47   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| JINS Holdings Inc                                  | JINS Holdings Inc                                  | CUSIP: N/A<br>LEI: 353800IG2NOMKC105309       | Long             | EC               | CORP              | JP        |     69100 | NS      | $3739390.80   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| TIS Inc                                            | TIS Inc                                            | CUSIP: N/A<br>LEI: 35380064HYEZXBQHDF07       | Long             | EC               | CORP              | JP        |    112800 | NS      | $3755402.39   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Celestica Inc                                      | Celestica Inc                                      | CUSIP: N/A<br>LEI: 549300J3CG5T6RZWLN53       | Long             | EC               | CORP              | CA        |     27200 | NS      | $5297993.96   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Invincible Investment Corp                         | Invincible Investment Corp                         | CUSIP: N/A<br>LEI: 353800JY6M2692VAV685       | Long             | EC               | CORP              | JP        |     11432 | NS      | $5181034.48   | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SGH Ltd                                            | SGH Ltd                                            | CUSIP: N/A<br>LEI: 254900DME8O9GCK94794       | Long             | EC               | CORP              | AU        |    108058 | NS      | $3558300.44   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Securitas AB                                       | Securitas AB                                       | CUSIP: N/A<br>LEI: 635400TTYKE8EIWDS617       | Long             | EC               | CORP              | SE        |    257663 | NS      | $3943052.76   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Quebecor Inc                                       | Quebecor Inc                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CA        |    147100 | NS      | $4469714.93   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Whitbread PLC                                      | Whitbread PLC                                      | CUSIP: N/A<br>LEI: 21380099VMZKRMN3EX36       | Long             | EC               | CORP              | GB        |     81975 | NS      | $3489972.44   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| JVCKenwood Corp                                    | JVCKenwood Corp                                    | CUSIP: N/A<br>LEI: 529900GGYCEJXM5Y6961       | Long             | EC               | CORP              | JP        |    533700 | NS      | $4454344.59   | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Brunello Cucinelli SpA                             | Brunello Cucinelli SpA                             | CUSIP: N/A<br>LEI: 5493003CX2RZ0FOBH256       | Long             | EC               | CORP              | IT        |     36356 | NS      | $4205454.53   | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Convatec Group PLC                                 | Convatec Group PLC                                 | CUSIP: N/A<br>LEI: 213800LS272L4FIDOH92       | Long             | EC               | CORP              | GB        |   1428739 | NS      | $4567704.81   | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Hikma Pharmaceuticals PLC                          | Hikma Pharmaceuticals PLC                          | CUSIP: N/A<br>LEI: 549300BNS685UXH4JI75       | Long             | EC               | CORP              | GB        |    147219 | NS      | $3556524.98   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Banca Mediolanum SpA                               | Banca Mediolanum SpA                               | CUSIP: N/A<br>LEI: 7LVZJ6XRIE7VNZ4UBX81       | Long             | EC               | CORP              | IT        |    295870 | NS      | $5984764.71   | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Rexel SA                                           | Rexel SA                                           | CUSIP: N/A<br>LEI: 969500N6AVPA51648T62       | Long             | EC               | CORP              | FR        |    132519 | NS      | $4290476.92   | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Cellebrite DI Ltd                                  | Cellebrite DI Ltd                                  | CUSIP: M2197Q107<br>LEI: 254900G03462YGP1IO36 | Long             | EC               | CORP              | IL        |    292473 | NS      | $4796557.20   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital Power Corp                                 | Capital Power Corp                                 | CUSIP: N/A<br>LEI: 549300QRKTEXGXYVPO80       | Long             | EC               | CORP              | CA        |     94300 | NS      | $3932399.61   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Stockland                                          | Stockland                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   1173581 | NS      | $4753191.22   | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Tohoku Electric Power Co Inc                       | Tohoku Electric Power Co Inc                       | CUSIP: N/A<br>LEI: 353800KTF7EYIIYHY088       | Long             | EC               | CORP              | JP        |    572800 | NS      | $4399392.99   | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Breedon Group PLC                                  | Breedon Group PLC                                  | CUSIP: N/A<br>LEI: 213800DQGNQE3X76WS92       | Long             | EC               | CORP              | GB        |    749363 | NS      | $3723446.65   | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Stantec Inc                                        | Stantec Inc                                        | CUSIP: N/A<br>LEI: 549300MZ7NGUZDCP2T16       | Long             | EC               | CORP              | CA        |     42390 | NS      | $4607695.93   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Aryzta AG                                          | Aryzta AG                                          | CUSIP: N/A<br>LEI: 549300W2PUDQQVRD8W85       | Long             | EC               | CORP              | CH        |     50242 | NS      | $4628021.60   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| ARC Resources Ltd                                  | ARC Resources Ltd                                  | CUSIP: N/A<br>LEI: 5493000OCGNQZEVTDT08       | Long             | EC               | CORP              | CA        |    210900 | NS      | $4058751.96   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| ICG PLC                                            | ICG PLC                                            | CUSIP: N/A<br>LEI: 549300OGASR5WRKJ8R68       | Long             | EC               | CORP              | GB        |    195776 | NS      | $5773013.66   | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Boyd Group Services Inc                            | Boyd Group Services Inc                            | CUSIP: N/A<br>LEI: 549300FVHMLW88VSTP09       | Long             | EC               | CORP              | CA        |     30400 | NS      | $4991147.19   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Descartes Systems Group Inc/The                    | Descartes Systems Group Inc/The                    | CUSIP: N/A<br>LEI: 875500NEPA7JI5EOMN45       | Long             | EC               | CORP              | CA        |     33000 | NS      | $3297957.55   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Sojitz Corp                                        | Sojitz Corp                                        | CUSIP: N/A<br>LEI: 5493004SE33MRLPB1W98       | Long             | EC               | CORP              | JP        |    186800 | NS      | $4920994.01   | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| ATS Corp                                           | ATS Corp                                           | CUSIP: N/A<br>LEI: 5493005KP4RP3IU7HQ41       | Long             | EC               | CORP              | CA        |    147700 | NS      | $4088946.01   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| MGM China Holdings Ltd                             | MGM China Holdings Ltd                             | CUSIP: N/A<br>LEI: 529900VZFN87OS7WJM66       | Long             | EC               | CORP              | MO        |   2930800 | NS      | $6020377.51   | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| U-Next Holdings Co Ltd                             | U-Next Holdings Co Ltd                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     24000 | NS      | $338272.31    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Hiab Oyj                                           | Hiab Oyj                                           | CUSIP: N/A<br>LEI: 5493002B0GOVF42KWX33       | Long             | EC               | CORP              | FI        |     67569 | NS      | $4453089.11   | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| BAWAG Group AG                                     | BAWAG Group AG                                     | CUSIP: N/A<br>LEI: 529900S9YO2JHTIIDG38       | Long             | EC               | CORP              | AT        |     41862 | NS      | $5412603.80   | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Credit Saison Co Ltd                               | Credit Saison Co Ltd                               | CUSIP: N/A<br>LEI: 529900SV58ZWTGRH3A66       | Long             | EC               | CORP              | JP        |    142100 | NS      | $3608457.95   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Gamma Communications PLC                           | Gamma Communications PLC                           | CUSIP: N/A<br>LEI: 213800LAQZXPRIZUEH50       | Long             | EC               | CORP              | GB        |    285565 | NS      | $4076769.42   | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| NOF Corp                                           | NOF Corp                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    261700 | NS      | $4860782.04   | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| SBM Offshore NV                                    | SBM Offshore NV                                    | CUSIP: N/A<br>LEI: 549300RDGCRYZ5QE6513       | Long             | EC               | CORP              | NL        |    167533 | NS      | $4580279.35   | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Comercial Portugues SA                       | Banco Comercial Portugues SA                       | CUSIP: N/A<br>LEI: JU1U6S0DG9YLT7N8ZV32       | Long             | EC               | CORP              | PT        |   6216248 | NS      | $5265706.11   | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Trelleborg AB                                      | Trelleborg AB                                      | CUSIP: N/A<br>LEI: 213800XY16PAWG2PAD14       | Long             | EC               | CORP              | SE        |    104038 | NS      | $4026001.42   | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Nova Ltd                                           | Nova Ltd                                           | CUSIP: M7516K103<br>LEI: 529900B2DSWE5V3SC292 | Long             | EC               | CORP              | IL        |     13553 | NS      | $3569047.02   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Capstone Copper Corp                               | Capstone Copper Corp                               | CUSIP: N/A<br>LEI: 549300III6KGKKC42W63       | Long             | EC               | CORP              | CA        |    478000 | NS      | $3417890.56   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity FedFund - Institutional Class  | BlackRock Liquidity FedFund - Institutional Class  | CUSIP: 09248U700<br>LEI: 549300T8K043VZEOVK74 | Long             | STIV             | RF                | US        |    315341 | NS      | $315340.94    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Scout24 SE                                         | Scout24 SE                                         | CUSIP: N/A<br>LEI: 5493007EIKM2ENQS7U66       | Long             | EC               | CORP              | DE        |     27532 | NS      | $3567198.59   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Steel Works Ltd/The                          | Japan Steel Works Ltd/The                          | CUSIP: N/A<br>LEI: 529900AWFTILIHHO0936       | Long             | EC               | CORP              | JP        |     77600 | NS      | $4665103.62   | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| CyberArk Software Ltd                              | CyberArk Software Ltd                              | CUSIP: M2682V108<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | IL        |      8994 | NS      | $4076620.44   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinden Corp                                        | Kinden Corp                                        | CUSIP: N/A<br>LEI: 35380008T6JUN5TU9T34       | Long             | EC               | CORP              | JP        |    140800 | NS      | $5022070.72   | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Kotobuki Spirits Co Ltd                            | Kotobuki Spirits Co Ltd                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    261400 | NS      | $3223655.62   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Whitecap Resources Inc                             | Whitecap Resources Inc                             | CUSIP: N/A<br>LEI: 894500UA4G4BTB67II45       | Long             | EC               | CORP              | CA        |    630880 | NS      | $4749917.50   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Dai Nippon Printing Co Ltd                         | Dai Nippon Printing Co Ltd                         | CUSIP: N/A<br>LEI: 529900S7NFNQ4FT6OP83       | Long             | EC               | CORP              | JP        |    286300 | NS      | $4795419.74   | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Zealand Pharma A/S                                 | Zealand Pharma A/S                                 | CUSIP: N/A<br>LEI: 549300ITBB1ULBL4CZ12       | Long             | EC               | CORP              | DK        |     29931 | NS      | $2057132.37   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Nifco Inc/Japan                                    | Nifco Inc/Japan                                    | CUSIP: N/A<br>LEI: 353800JMDOH68J9I5140       | Long             | EC               | CORP              | JP        |    186400 | NS      | $5350993.88   | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Merlin Properties Socimi SA                        | Merlin Properties Socimi SA                        | CUSIP: N/A<br>LEI: 959800L8KD863DP30X04       | Long             | EC               | CORP              | ES        |    413684 | NS      | $6167653.51   | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Beazley PLC                                        | Beazley PLC                                        | CUSIP: N/A<br>LEI: 213800VTOMUWD41GIT12       | Long             | EC               | CORP              | GB        |    382092 | NS      | $4044937.49   | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Gildan Activewear Inc                              | Gildan Activewear Inc                              | CUSIP: N/A<br>LEI: 549300SB3IBI34M00Z45       | Long             | EC               | CORP              | CA        |     78300 | NS      | $4274900.06   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Mebuki Financial Group Inc                         | Mebuki Financial Group Inc                         | CUSIP: N/A<br>LEI: 353800K1RXV3E3JAE812       | Long             | EC               | CORP              | JP        |    943900 | NS      | $5802278.43   | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Computacenter PLC                                  | Computacenter PLC                                  | CUSIP: N/A<br>LEI: 549300XSXUZ1I19DB105       | Long             | EC               | CORP              | GB        |    117407 | NS      | $3649001.81   | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyo Suisan Kaisha Ltd                             | Toyo Suisan Kaisha Ltd                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     71000 | NS      | $4883779.36   | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| NKT A/S                                            | NKT A/S                                            | CUSIP: N/A<br>LEI: 529900197LKWCEQ0NL18       | Long             | EC               | CORP              | DK        |     47690 | NS      | $4542634.41   | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| NGEx Minerals Ltd                                  | NGEx Minerals Ltd                                  | CUSIP: N/A<br>LEI: 549300M2DU5ORAGOIG27       | Long             | EC               | CORP              | CA        |    352627 | NS      | $5427993.43   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Kandenko Co Ltd                                    | Kandenko Co Ltd                                    | CUSIP: N/A<br>LEI: 35380080NSN7GCYZ3X14       | Long             | EC               | CORP              | JP        |    174700 | NS      | $4708230.59   | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Organo Corp                                        | Organo Corp                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     72600 | NS      | $5484400.96   | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Laboratorios Farmaceuticos Rovi SA                 | Laboratorios Farmaceuticos Rovi SA                 | CUSIP: N/A<br>LEI: 95980020140005936480       | Long             | EC               | CORP              | ES        |     43719 | NS      | $2971621.91   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Apartment Properties REIT                 | Canadian Apartment Properties REIT                 | CUSIP: N/A<br>LEI: 549300B1MYVTQEB2DI90       | Long             | EC               | CORP              | CA        |    109200 | NS      | $3379327.92   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Kamigumi Co Ltd                                    | Kamigumi Co Ltd                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    143400 | NS      | $4301316.48   | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Sembcorp Industries Ltd                            | Sembcorp Industries Ltd                            | CUSIP: N/A<br>LEI: 254900J0FF14U6TPQM96       | Long             | EC               | CORP              | SG        |    665800 | NS      | $3148011.99   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Fraport AG Frankfurt Airport Services Worldwide    | Fraport AG Frankfurt Airport Services Worldwide    | CUSIP: N/A<br>LEI: 5299001ERX0K10IZUL40       | Long             | EC               | CORP              | DE        |     53853 | NS      | $4614880.66   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Amano Corp                                         | Amano Corp                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    120900 | NS      | $3453665.23   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Phoenix Financial Ltd                              | Phoenix Financial Ltd                              | CUSIP: N/A<br>LEI: 254900IUA68QTCFYHE30       | Long             | EC               | CORP              | IL        |    122219 | NS      | $4321725.72   | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| thyssenkrupp AG                                    | thyssenkrupp AG                                    | CUSIP: N/A<br>LEI: 549300UDG16DOYUPR330       | Long             | EC               | CORP              | DE        |    405541 | NS      | $4291713.29   | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Cranswick PLC                                      | Cranswick PLC                                      | CUSIP: N/A<br>LEI: 549300LDZLPU51XOSK43       | Long             | EC               | CORP              | GB        |     60535 | NS      | $4172475.31   | 0.82%             |  |  |  | No            |                  2 | 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        |   6519864 | NS      | $6519863.84   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Tatemono Co Ltd                              | Tokyo Tatemono Co Ltd                              | CUSIP: N/A<br>LEI: 529900RQA4JTW1869J86       | Long             | EC               | CORP              | JP        |    265200 | NS      | $4985104.94   | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Yamazaki Baking Co Ltd                             | Yamazaki Baking Co Ltd                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    152000 | NS      | $3527334.07   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Kyushu Railway Co                                  | Kyushu Railway Co                                  | CUSIP: N/A<br>LEI: 5299002CCI6HLWAN3K50       | Long             | EC               | CORP              | JP        |    172100 | NS      | $4753596.87   | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Gerresheimer AG                                    | Gerresheimer AG                                    | CUSIP: N/A<br>LEI: 5299006GD4UWSYZOKC28       | Long             | EC               | CORP              | DE        |     48890 | NS      | $2468781.41   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Monogatari Corp/The                                | Monogatari Corp/The                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    154400 | NS      | $4380545.83   | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| GMO Payment Gateway Inc                            | GMO Payment Gateway Inc                            | CUSIP: N/A<br>LEI: 353800Q6U21E2PM83F86       | Long             | EC               | CORP              | JP        |     58100 | NS      | $3326152.29   | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Alamos Gold Inc                                    | Alamos Gold Inc                                    | CUSIP: N/A<br>LEI: 894500GIHFJZW7YS9660       | Long             | EC               | CORP              | CA        |    170300 | NS      | $5188300.14   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SWCC Corp                                          | SWCC Corp                                          | CUSIP: N/A<br>LEI: 353800A7RNYOC4KL4T49       | Long             | EC               | CORP              | JP        |     75700 | NS      | $4184740.26   | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| IG Group Holdings PLC                              | IG Group Holdings PLC                              | CUSIP: N/A<br>LEI: 2138003A5Q1M7ANOUD76       | Long             | EC               | CORP              | GB        |    305629 | NS      | $4669033.83   | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| British Land Co PLC/The                            | British Land Co PLC/The                            | CUSIP: N/A<br>LEI: RV5B68J2GV3QGMRPW209       | Long             | EC               | CORP              | GB        |   1060028 | NS      | $4813287.34   | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| KDX Realty Investment Corp                         | KDX Realty Investment Corp                         | CUSIP: N/A<br>LEI: 353800FFT483NCIHFY42       | Long             | EC               | CORP              | JP        |      4656 | NS      | $5352809.86   | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Sportradar Group AG                                | Sportradar Group AG                                | CUSIP: H8088L103<br>LEI: 549300H1P33YOAT7Z533 | Long             | EC               | CORP              | CH        |    177721 | NS      | $5498687.74   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SCREEN Holdings Co Ltd                             | SCREEN Holdings Co Ltd                             | CUSIP: N/A<br>LEI: 353800ND89FTQ9XQ0R07       | Long             | EC               | CORP              | JP        |     46800 | NS      | $3537671.87   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Canon Marketing Japan Inc                          | Canon Marketing Japan Inc                          | CUSIP: N/A<br>LEI: 529900WMTZBIIROD5K97       | Long             | EC               | CORP              | JP        |     96100 | NS      | $3725297.33   | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Bellway PLC                                        | Bellway PLC                                        | CUSIP: N/A<br>LEI: 213800CY4L3HST4FGZ98       | Long             | EC               | CORP              | GB        |    109329 | NS      | $3444044.52   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| B&M European Value Retail SA                       | B&M European Value Retail SA                       | CUSIP: N/A<br>LEI: 213800UK7ZRLY2K1X530       | Long             | EC               | CORP              | GB        |    989268 | NS      | $3217668.18   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| OR Royalties Inc                                   | OR Royalties Inc                                   | CUSIP: N/A<br>LEI: 549300TJZTXZMPQ6K004       | Long             | EC               | CORP              | CA        |    197400 | NS      | $6343074.96   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Menicon Co Ltd                                     | Menicon Co Ltd                                     | CUSIP: N/A<br>LEI: 3538000OOSRECSEX2327       | Long             | EC               | CORP              | JP        |    359200 | NS      | $2918532.65   | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| KION Group AG                                      | KION Group AG                                      | CUSIP: N/A<br>LEI: 5299005KY91C4C6U9H17       | Long             | EC               | CORP              | DE        |     93075 | NS      | $6060614.18   | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Elis SA                                            | Elis SA                                            | CUSIP: N/A<br>LEI: 969500UX71LCE8MAY492       | Long             | EC               | CORP              | FR        |    205419 | NS      | $5628981.43   | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Water Inc                                      | Air Water Inc                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    247100 | NS      | $4295930.87   | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Balfour Beatty PLC                                 | Balfour Beatty PLC                                 | CUSIP: N/A<br>LEI: CT4UIJ3TUKGYYHMENQ17       | Long             | EC               | CORP              | GB        |    648393 | NS      | $5202526.09   | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ADEKA Corp                                         | ADEKA Corp                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    176800 | NS      | $3933826.39   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Gecina SA                                          | Gecina SA                                          | CUSIP: N/A<br>LEI: 9695003E4MMA10IBTR26       | Long             | EC               | CORP              | FR        |     48319 | NS      | $4744564.01   | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Royal Unibrew A/S                                  | Royal Unibrew A/S                                  | CUSIP: N/A<br>LEI: 529900D69KFL8IAP8Q63       | Long             | EC               | CORP              | DK        |     54569 | NS      | $4217184.04   | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Stroeer SE & Co KGaA                               | Stroeer SE & Co KGaA                               | CUSIP: N/A<br>LEI: 529900MBF3N1ATE55378       | Long             | EC               | CORP              | DE        |     47239 | NS      | $2294240.06   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| JMDC Inc                                           | JMDC Inc                                           | CUSIP: N/A<br>LEI: 3538002M2SQV6WJ6MQ67       | Long             | EC               | CORP              | JP        |    149100 | NS      | $4183185.19   | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-29

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

**Signature:** Megan Hoffmann

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

**Title:** Vice President and Controller