# EDGAR Filing Document

**Accession Number:** 0000012601
**File Stem:** 0000012601-25-000271
**Filing Date:** 2025-8
**Character Count:** 11673
**Document Hash:** 6e8e218573539abb5ee7dc26be0b54a8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000012601-25-000271.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0000012601-25-000271

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**DATE AS OF CHANGE**: 20250825

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRINCIPAL VARIABLE CONTRACTS FUNDS INC
- **CENTRAL INDEX KEY:** 0000012601

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01944
- **FILM NUMBER:** 251249734

**BUSINESS ADDRESS:**
- **STREET 1:** 711 HIGH STREET
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392
- **BUSINESS PHONE:** 515-247-5477

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL VARIABLE CONTRACTS FUND INC
- **DATE OF NAME CHANGE:** 19980617

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL CAPITAL ACCUMULATION FUND INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCOR INVESTMENT FUND INC
- **DATE OF NAME CHANGE:** 19880906

## Series and Classes Contracts Data

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

| Class ID   | Class Name                                                    | Ticker Symbol   |
|:---|:---|:---|
| C000038530 | Strategic Asset Management Strategic Growth Portfolio Class 1 |  |
| C000038531 | Strategic Asset Management Strategic Growth Portfolio Class 2 |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-01944

- **c. CIK number of Registrant:** 0000012601

- **d. LEI of Registrant:** ICS43THKTGQL3EQ10426

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

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

  - **City:** Des Moines

  - **State:** IA

  - **Foreign country:** US

  - **Zip / Postal Code:** 50309

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

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

- **a. Name of Series:** SAM Strategic Growth Portfolio

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

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

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $463945040.71

**Total Liabilities:** $136490.29

**Net Assets:** $463808550.42

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000038531 | -0.39%               | 4.94%                | 4.11%                |
| Class ID C000038530 | -0.42%               | 4.99%                | 4.13%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-274608.93              | $-1837098.34                               |
| Month 2  | $1341133.70              | $20098592.32                               |
| Month 3  | $107449.17               | $18162176.82                               |

### Schedule of Portfolio Investments

| Name                                               | Title                                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Principal Capital Appreciation Fund                | Principal Capital Appreciation Fund                | CUSIP: 74254U432<br>LEI: 549300488LDV833BXR20 | Long             | EC               | RF                | US        |    817554 | NS      | $69892724.37  | 15.07%            |  |  |  | No            |                  1 | On Loan: No      |
| LargeCap Value Fund III                            | LargeCap Value Fund III                            | CUSIP: 74253J677<br>LEI: 549300P5E4OK1XZWQO33 | Long             | EC               | RF                | US        |   2076081 | NS      | $40878041.33  | 8.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Chip Fund                                     | Blue Chip Fund                                     | CUSIP: 74256W535<br>LEI: 549300DIGKZKBG8KG876 | Long             | EC               | RF                | US        |    512412 | NS      | $25610344.51  | 5.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal International Equity ETF                 | Principal International Equity ETF                 | CUSIP: 74255Y698<br>LEI: 254900IUDNVVDBH14H30 | Long             | EC               | RF                | US        |   1007722 | NS      | $29411374.29  | 6.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Value ETF                                | Principal Value ETF                                | CUSIP: 74255Y300<br>LEI: 549300X72DS7OIEXMJ50 | Long             | EC               | RF                | US        |    238000 | NS      | $11793923.40  | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| International Equity Index Fund                    | International Equity Index Fund                    | CUSIP: 74256W519<br>LEI: 5493006KEEH2X763W530 | Long             | EC               | RF                | US        |    389235 | NS      | $5145687.28   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Overseas Fund                                      | Overseas Fund                                      | CUSIP: 742553571<br>LEI: M8LPS0WBNG35BUE1BV52 | Long             | EC               | RF                | US        |   2051910 | NS      | $23207107.30  | 5.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Small-MidCap Dividend Income Fund                  | Small-MidCap Dividend Income Fund                  | CUSIP: 74256W469<br>LEI: 54930000PG64KHHYCN32 | Long             | EC               | RF                | US        |    293649 | NS      | $5488295.64   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Diversified Real Asset Fund                        | Diversified Real Asset Fund                        | CUSIP: 742537467<br>LEI: 549300FY1HF8KNDK4G58 | Long             | EC               | RF                | US        |    940419 | NS      | $11106343.26  | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| International Small Company Fund                   | International Small Company Fund                   | CUSIP: 74256W493<br>LEI: 5493005DM6DKJRUY3N14 | Long             | EC               | RF                | US        |    892198 | NS      | $10768833.47  | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Income Account                              | Equity Income Account                              | CUSIP: N/A<br>LEI: 54930095K9Z8PBKMWU68       | Long             | EC               | RF                | US        |   1547938 | NS      | $50431821.67  | 10.87%            |  |  |  | No            |                  1 | On Loan: No      |
| LargeCap Growth Fund I                             | LargeCap Growth Fund I                             | CUSIP: 742537590<br>LEI: 5493005TWCHTR0PO8C36 | Long             | EC               | RF                | US        |   1818405 | NS      | $32331233.89  | 6.97%             |  |  |  | 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        |   1767937 | NS      | $1767937.26   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| MidCap Account                                     | MidCap Account                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | RF                | US        |    278195 | NS      | $20386118.97  | 4.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal U.S. Small-Cap ETF                       | Principal U.S. Small-Cap ETF                       | CUSIP: 74255Y607<br>LEI: 5493008MXNTNT2RRXN18 | Long             | EC               | RF                | US        |    219100 | NS      | $11673648.00  | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| LargeCap S&P 500 Index Fund                        | LargeCap S&P 500 Index Fund                        | CUSIP: 74253Q788<br>LEI: 549300HDJCROTIVIXD92 | Long             | EC               | RF                | US        |    453591 | NS      | $13630402.61  | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Real Estate Securities Account                     | Real Estate Securities Account                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | RF                | US        |    220034 | NS      | $4108031.36   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal U.S. Mega-Cap ETF                        | Principal U.S. Mega-Cap ETF                        | CUSIP: 74255Y870<br>LEI: 549300XGM3O583ZPRJ37 | Long             | EC               | RF                | US        |   1127000 | NS      | $70505120.00  | 15.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Global Emerging Markets Fund                       | Global Emerging Markets Fund                       | CUSIP: 74256W618<br>LEI: 5493005LRWTRDOOFXF24 | Long             | EC               | RF                | US        |    635075 | NS      | $19217364.14  | 4.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Inflation Protection Fund                          | Inflation Protection Fund                          | CUSIP: 74254T815<br>LEI: 5493006ECFME6VCZ0U45 | Long             | EC               | RF                | US        |    261169 | NS      | $2055403.12   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Global Listed Infrastructure Fund        | Principal Global Listed Infrastructure Fund        | CUSIP: 74256W121<br>LEI: 549300UO9IFEWQKUAV03 | Long             | EC               | RF                | US        |    390287 | NS      | $4527333.65   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-25

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

**Signature:** Megan Hoffmann

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

**Title:** Vice President and Controller