# EDGAR Filing Document

**Accession Number:** 0000898745
**File Stem:** 0001752724-25-150726
**Filing Date:** 2025-6
**Character Count:** 44345
**Document Hash:** e76408ceda11f800f08a26bae5e4e8a9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-150726.hdr.sgml**: 20250623

**ACCESSION NUMBER**: 0001752724-25-150726

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250623

**DATE AS OF CHANGE**: 20250623

**PERIOD START**: 20251031

**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:** 251063773

**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

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

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

## 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:** Diversified International Fund

- **b. EDGAR series identifier (if any):** S000006992

- **c. LEI of Series:** 549300WI2K0C68CW5R08

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**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:** $1077900997.61

**Total Liabilities:** $1982368.98

**Net Assets:** $1075918628.63

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000019059 | 3.28%                | -0.28%               | 2.69%                |
| Class ID C000019054 | 3.22%                | -0.28%               | 2.63%                |
| Class ID C000210673 | 3.31%                | -0.21%               | 2.71%                |
| Class ID C000019055 | 3.25%                | -0.28%               | 2.66%                |
| Class ID C000019057 | 3.30%                | -0.28%               | 2.71%                |
| Class ID C000019058 | 3.33%                | -0.29%               | 2.66%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1010770380.18           | $-778800522.36                             |
| Month 2  | $-2940251.66             | $-1391151.01                               |
| Month 3  | $-6536521.66             | $31265758.95                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Piraeus Financial Holdings SA                             | Piraeus Financial Holdings SA                             | CUSIP: N/A<br>LEI: M6AD1Y1KW32H8THQ6F76       | Long             | EC               | CORP              | GR        |    738250 | NS      | $4146033.18   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| PT Bank Central Asia Tbk                                  | PT Bank Central Asia Tbk                                  | CUSIP: N/A<br>LEI: 254900BR956G2OHVOM21       | Long             | EC               | CORP              | ID        |   5646170 | NS      | $3002015.63   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Merck KGaA                                                | Merck KGaA                                                | CUSIP: N/A<br>LEI: 529900OAREIS0MOPTW25       | Long             | EC               | CORP              | DE        |     22337 | NS      | $3109756.44   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Teck Resources Ltd                                        | Teck Resources Ltd                                        | CUSIP: N/A<br>LEI: T8KI5SQ2JRWHL7XY0E11       | Long             | EC               | CORP              | CA        |    341041 | NS      | $11589852.64  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE                                     | Schneider Electric SE                                     | CUSIP: N/A<br>LEI: 969500A1YF1XUYYXS284       | Long             | EC               | CORP              | FR        |     21060 | NS      | $4920576.85   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| BAE Systems PLC                                           | BAE Systems PLC                                           | CUSIP: N/A<br>LEI: 8SVCSVKSGDWMW2QHOH83       | Long             | EC               | CORP              | GB        |   1017514 | NS      | $23588544.47  | 2.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Intermediate Capital Group PLC                            | Intermediate Capital Group PLC                            | CUSIP: N/A<br>LEI: 549300OGASR5WRKJ8R68       | Long             | EC               | CORP              | GB        |     94761 | NS      | $2383603.62   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Kweichow Moutai Co Ltd                                    | Kweichow Moutai Co Ltd                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     17620 | NS      | $3750773.61   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| 3i Group PLC                                              | 3i Group PLC                                              | CUSIP: N/A<br>LEI: 35GDVHRBMFE7NWATNM84       | Long             | EC               | CORP              | GB        |    302652 | NS      | $17157574.84  | 1.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Smith & Nephew PLC                                        | Smith & Nephew PLC                                        | CUSIP: N/A<br>LEI: 213800ZTMDN8S67S1H61       | Long             | EC               | CORP              | GB        |    888508 | NS      | $12503535.82  | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Rexel SA                                                  | Rexel SA                                                  | CUSIP: N/A<br>LEI: 969500N6AVPA51648T62       | Long             | EC               | CORP              | FR        |    116230 | NS      | $3229287.66   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Danone SA                                                 | Danone SA                                                 | CUSIP: N/A<br>LEI: 969500KMUQ2B6CBAF162       | Long             | EC               | CORP              | FR        |     74838 | NS      | $6439537.29   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Sage Group PLC/The                                        | Sage Group PLC/The                                        | CUSIP: N/A<br>LEI: 2138005RN5XYLTF8G138       | Long             | EC               | CORP              | GB        |    299022 | NS      | $4957352.86   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Tryg A/S                                                  | Tryg A/S                                                  | CUSIP: N/A<br>LEI: 213800ZRS8AC4LSTCE39       | Long             | EC               | CORP              | DK        |     82745 | NS      | $1973495.92   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Iberdrola SA                                              | Iberdrola SA                                              | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |    708501 | NS      | $12771331.49  | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Brookfield Asset Management Ltd                           | Brookfield Asset Management Ltd                           | CUSIP: N/A<br>LEI: 549300CZ84WPNJZKY093       | Long             | EC               | CORP              | US        |     65438 | NS      | $3491672.19   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Group PLC                                         | Compass Group PLC                                         | CUSIP: N/A<br>LEI: 2138008M6MH9OZ6U2T68       | Long             | EC               | CORP              | GB        |    165131 | NS      | $5567335.91   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Argenx SE                                                 | Argenx SE                                                 | CUSIP: N/A<br>LEI: 7245009C5FZE6G9ODQ71       | Long             | EC               | CORP              | NL        |      8991 | NS      | $5812220.32   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Novo Nordisk A/S                                          | Novo Nordisk A/S                                          | CUSIP: N/A<br>LEI: 549300DAQ1CVT6CXN342       | Long             | EC               | CORP              | DK        |    178574 | NS      | $11939736.95  | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                                       | Societe Generale SA                                       | CUSIP: N/A<br>LEI: O2RNE8IBXP4R0TD8PU41       | Long             | EC               | CORP              | FR        |    204771 | NS      | $10676545.55  | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Daimler Truck Holding AG                                  | Daimler Truck Holding AG                                  | CUSIP: N/A<br>LEI: 529900PW78JIYOUBSR24       | Long             | EC               | CORP              | DE        |    315104 | NS      | $12659765.92  | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Electric Corp                                  | Mitsubishi Electric Corp                                  | CUSIP: N/A<br>LEI: 549300TRXM9Y6561AX39       | Long             | EC               | CORP              | JP        |    538200 | NS      | $10411697.30  | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Financiero Banorte SAB de CV                        | Grupo Financiero Banorte SAB de CV                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |    439330 | NS      | $3767029.88   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Zai Lab Ltd                                               | Zai Lab Ltd                                               | CUSIP: N/A<br>LEI: 549300P2UYQ9U5LY1T58       | Long             | EC               | CORP              | CN        |    188190 | NS      | $599460.83    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Atlas Copco AB - A Shares                                 | Atlas Copco AB - A Shares                                 | CUSIP: N/A<br>LEI: 213800T8PC8Q4FYJZR07       | Long             | EC               | CORP              | SE        |    615659 | NS      | $9529599.76   | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Wal-Mart de Mexico SAB de CV                              | Wal-Mart de Mexico SAB de CV                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |   1893090 | NS      | $5997689.08   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Nintendo Co Ltd                                           | Nintendo Co Ltd                                           | CUSIP: N/A<br>LEI: 353800FEEXU6I9M0ZF27       | Long             | EC               | CORP              | JP        |    283600 | NS      | $23544474.19  | 2.19%             |  |  |  | No            |                  2 | On Loan: No      |
| CRH PLC                                                   | CRH PLC                                                   | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | US        |    194585 | NS      | $18456397.62  | 1.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Universal Music Group NV                                  | Universal Music Group NV                                  | CUSIP: N/A<br>LEI: 724500GJBUL3D9TW9Y18       | Long             | EC               | CORP              | NL        |    338410 | NS      | $9951098.38   | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE                       | LVMH Moet Hennessy Louis Vuitton SE                       | CUSIP: N/A<br>LEI: IOG4E947OATN0KJYSD45       | Long             | EC               | CORP              | FR        |      5773 | NS      | $3197831.31   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco do Brasil SA                                        | Banco do Brasil SA                                        | CUSIP: N/A<br>LEI: QE0Q0253K88YAGNPE356       | Long             | EC               | CORP              | BR        |    973700 | NS      | $4948152.56   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                                                 | Shell PLC                                                 | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |    337117 | NS      | $10879301.48  | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| MS&AD Insurance Group Holdings Inc                        | MS&AD Insurance Group Holdings Inc                        | CUSIP: N/A<br>LEI: 529900CXROT5S2HMMP26       | Long             | EC               | CORP              | JP        |    177800 | NS      | $4041360.81   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| FinecoBank Banca Fineco SpA                               | FinecoBank Banca Fineco SpA                               | CUSIP: N/A<br>LEI: 549300L7YCATGO57ZE10       | Long             | EC               | CORP              | IT        |    222725 | NS      | $4456928.78   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Credicorp Ltd                                             | Credicorp Ltd                                             | CUSIP: G2519Y108<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | PE        |     18005 | NS      | $3640430.95   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Natural Resources Ltd                            | Canadian Natural Resources Ltd                            | CUSIP: N/A<br>LEI: 549300T15RIMIKZC5Q38       | Long             | EC               | CORP              | CA        |    163531 | NS      | $4692649.33   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Howden Joinery Group PLC                                  | Howden Joinery Group PLC                                  | CUSIP: N/A<br>LEI: 213800KC1LJOJTY3JP45       | Long             | EC               | CORP              | GB        |    298666 | NS      | $3071317.46   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Weir Group PLC/The                                        | Weir Group PLC/The                                        | CUSIP: N/A<br>LEI: 549300KDR56WHY9I3D10       | Long             | EC               | CORP              | GB        |    233614 | NS      | $7041915.07   | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd                 | Taiwan Semiconductor Manufacturing Co Ltd                 | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |   1206544 | NS      | $34186886.21  | 3.18%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA Group Ltd                                             | AIA Group Ltd                                             | CUSIP: N/A<br>LEI: ZP5ILWVSYE4LJGMMVD57       | Long             | EC               | CORP              | HK        |   3443000 | NS      | $25798110.97  | 2.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Motor Corp                                         | Toyota Motor Corp                                         | CUSIP: N/A<br>LEI: 5493006W3QUS5LMH6R84       | Long             | EC               | CORP              | JP        |    866900 | NS      | $16557286.64  | 1.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Obayashi Corp                                             | Obayashi Corp                                             | CUSIP: N/A<br>LEI: 529900YT4O5S0LCXWD54       | Long             | EC               | CORP              | JP        |    372000 | NS      | $5771646.05   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Hannover Rueck SE                                         | Hannover Rueck SE                                         | CUSIP: N/A<br>LEI: 529900KIN5BE45V5KB18       | Long             | EC               | CORP              | DE        |     44715 | NS      | $14353491.60  | 1.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Halma PLC                                                 | Halma PLC                                                 | CUSIP: N/A<br>LEI: 2138007FRGLUR9KGBT40       | Long             | EC               | CORP              | GB        |     87766 | NS      | $3239571.42   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| DBS Group Holdings Ltd                                    | DBS Group Holdings Ltd                                    | CUSIP: N/A<br>LEI: 5493007FKT78NKPM5V55       | Long             | EC               | CORP              | SG        |    355660 | NS      | $11555113.74  | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Komatsu Ltd                                               | Komatsu Ltd                                               | CUSIP: N/A<br>LEI: 5493004LQ0B4T7QPQV17       | Long             | EC               | CORP              | JP        |    126100 | NS      | $3646757.84   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Dollarama Inc                                             | Dollarama Inc                                             | CUSIP: N/A<br>LEI: 5493002GJ0NJP1HI0C79       | Long             | EC               | CORP              | CA        |     89459 | NS      | $11037992.09  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Telekom AG                                       | Deutsche Telekom AG                                       | CUSIP: N/A<br>LEI: 549300V9QSIG4WX4GJ96       | Long             | EC               | CORP              | DE        |   1004998 | NS      | $36097017.06  | 3.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Thales SA                                                 | Thales SA                                                 | CUSIP: N/A<br>LEI: 529900FNDVTQJOVVPZ19       | Long             | EC               | CORP              | FR        |     19656 | NS      | $5506081.49   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd                                | Samsung Electronics Co Ltd                                | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |    518288 | NS      | $20222322.02  | 1.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Taylor Wimpey PLC                                         | Taylor Wimpey PLC                                         | CUSIP: N/A<br>LEI: 21380089BTRXTD8S3R66       | Long             | EC               | CORP              | GB        |   3350073 | NS      | $5263975.65   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Brookfield Corp                                           | Brookfield Corp                                           | CUSIP: N/A<br>LEI: C6J3FGIWG6MBDGTE8F80       | Long             | EC               | CORP              | CA        |    149168 | NS      | $8013478.95   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| TOPPAN Holdings Inc                                       | TOPPAN Holdings Inc                                       | CUSIP: N/A<br>LEI: 3538003H9W4KIDODQY20       | Long             | EC               | CORP              | JP        |    174100 | NS      | $4887433.75   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| MatsukiyoCocokara & Co                                    | MatsukiyoCocokara & Co                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    188200 | NS      | $3454718.14   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Pacific Kansas City Ltd                          | Canadian Pacific Kansas City Ltd                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CA        |     84873 | NS      | $6164466.48   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Hoya Corp                                                 | Hoya Corp                                                 | CUSIP: N/A<br>LEI: 353800X4VR3BHEUCJB42       | Long             | EC               | CORP              | JP        |     53460 | NS      | $6290434.42   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujitsu Ltd                                               | Fujitsu Ltd                                               | CUSIP: N/A<br>LEI: 3538000246DHJLRTUZ24       | Long             | EC               | CORP              | JP        |    776700 | NS      | $17254749.62  | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |
| AXA SA                                                    | AXA SA                                                    | CUSIP: N/A<br>LEI: F5WCUMTUM4RKZ1MAIE39       | Long             | EC               | CORP              | FR        |    337244 | NS      | $15950248.25  | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| L'Oreal SA                                                | L'Oreal SA                                                | CUSIP: N/A<br>LEI: 529900JI1GG6F7RKVI53       | Long             | EC               | CORP              | FR        |     19607 | NS      | $8663650.02   | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Bank Ltd                                            | ICICI Bank Ltd                                            | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |    340417 | NS      | $11424394.52  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Erste Group Bank AG                                       | Erste Group Bank AG                                       | CUSIP: N/A<br>LEI: PQOH26KWDF7CG10L6792       | Long             | EC               | CORP              | AT        |    198302 | NS      | $13429327.38  | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Negara Indonesia Persero Tbk PT                      | Bank Negara Indonesia Persero Tbk PT                      | CUSIP: N/A<br>LEI: 549300HZ8J3MLVXQ8F85       | Long             | EC               | CORP              | ID        |  14795400 | NS      | $3728429.81   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Haleon PLC                                                | Haleon PLC                                                | CUSIP: N/A<br>LEI: 549300PSB3WWEODCUP19       | Long             | EC               | CORP              | GB        |   2104524 | NS      | $10589637.96  | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Industries Corp                                    | Toyota Industries Corp                                    | CUSIP: N/A<br>LEI: 35380000WKGEAHEMW830       | Long             | EC               | CORP              | JP        |     78400 | NS      | $9194351.69   | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Sompo Holdings Inc                                        | Sompo Holdings Inc                                        | CUSIP: N/A<br>LEI: 353800CWW4SRGEYEB512       | Long             | EC               | CORP              | JP        |    452000 | NS      | $14812542.51  | 1.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Ashtead Group PLC                                         | Ashtead Group PLC                                         | CUSIP: N/A<br>LEI: 2138007UTBN8X9K1A235       | Long             | EC               | CORP              | GB        |     48541 | NS      | $2598504.80   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Yum China Holdings Inc                                    | Yum China Holdings Inc                                    | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | CN        |    232075 | NS      | $10051168.25  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Shin-Etsu Chemical Co Ltd                                 | Shin-Etsu Chemical Co Ltd                                 | CUSIP: N/A<br>LEI: 353800PX8Q64N86H5W41       | Long             | EC               | CORP              | JP        |    104245 | NS      | $3172331.01   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Tourmaline Oil Corp                                       | Tourmaline Oil Corp                                       | CUSIP: N/A<br>LEI: 894500A5J1WTJ2WIUU03       | Long             | EC               | CORP              | CA        |    109160 | NS      | $4822170.32   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Keyence Corp                                              | Keyence Corp                                              | CUSIP: N/A<br>LEI: 529900M7PQBS7A89DZ11       | Long             | EC               | CORP              | JP        |     21032 | NS      | $8793303.24   | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi SA                                                 | Sanofi SA                                                 | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |    283207 | NS      | $30980509.19  | 2.88%             |  |  |  | No            |                  2 | On Loan: No      |
| National Bank of Greece SA                                | National Bank of Greece SA                                | CUSIP: N/A<br>LEI: 5UMCZOEYKCVFAW8ZLO05       | Long             | EC               | CORP              | GR        |   1156348 | NS      | $12272852.53  | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                           | Nordea Bank Abp                                           | CUSIP: N/A<br>LEI: 529900ODI3047E2LIV03       | Long             | EC               | CORP              | FI        |    372198 | NS      | $5107583.80   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Arca Continental SAB de CV                                | Arca Continental SAB de CV                                | CUSIP: N/A<br>LEI: 254900U2BSJCQHJCXN24       | Long             | EC               | CORP              | MX        |    234600 | NS      | $2470714.06   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Nemetschek SE                                             | Nemetschek SE                                             | CUSIP: N/A<br>LEI: 529900R0S2IX1S358J38       | Long             | EC               | CORP              | DE        |     78234 | NS      | $10396099.29  | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Suncor Energy Inc                                         | Suncor Energy Inc                                         | CUSIP: N/A<br>LEI: 549300W70ZOQDVLCHY06       | Long             | EC               | CORP              | CA        |    516845 | NS      | $18254158.60  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Entain PLC                                                | Entain PLC                                                | CUSIP: N/A<br>LEI: 213800GNI3K45LQR8L28       | Long             | EC               | CORP              | GB        |    973656 | NS      | $8323655.86   | 0.77%             |  |  |  | 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        |  23106522 | NS      | $23106521.66  | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Hermes International SCA                                  | Hermes International SCA                                  | CUSIP: N/A<br>LEI: 969500Y4IJGHJE2MTJ13       | Long             | EC               | CORP              | FR        |      1395 | NS      | $3836497.06   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Liberty Media Corp-Liberty Formula One - C Shares         | Liberty Media Corp-Liberty Formula One - C Shares         | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    126435 | NS      | $11210991.45  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsonite Group SA                                        | Samsonite Group SA                                        | CUSIP: N/A<br>LEI: 549300UULS5HYFJSEL12       | Long             | EC               | CORP              | US        |   3891800 | NS      | $6973093.36   | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| AIB Group PLC                                             | AIB Group PLC                                             | CUSIP: N/A<br>LEI: 635400AKJBGNS5WNQL34       | Long             | EC               | CORP              | IE        |   1997751 | NS      | $13426994.62  | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML Holding NV                                           | ASML Holding NV                                           | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |     32442 | NS      | $21718021.86  | 2.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Sandfire Resources Ltd                                    | Sandfire Resources Ltd                                    | CUSIP: N/A<br>LEI: 213800ZW52P23FVH1V47       | Long             | EC               | CORP              | AU        |    883021 | NS      | $5623855.52   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| ICON PLC                                                  | ICON PLC                                                  | CUSIP: G4705A100<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |     21316 | NS      | $3228095.04   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Zai Lab Ltd                                               | Zai Lab Ltd                                               | CUSIP: 98887Q104<br>LEI: 549300P2UYQ9U5LY1T58 | Long             | EC               | CORP              | CN        |     38211 | NS      | $1210906.59   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Kotak Mahindra Bank Ltd                                   | Kotak Mahindra Bank Ltd                                   | CUSIP: N/A<br>LEI: 335800E6GTTXKHXE2I75       | Long             | EC               | CORP              | IN        |    483241 | NS      | $12629903.59  | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Yum China Holdings Inc                                    | Yum China Holdings Inc                                    | CUSIP: N/A<br>LEI: 529900DO9BYZ7VA3K502       | Long             | EC               | CORP              | CN        |    104481 | NS      | $4881089.23   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| MercadoLibre Inc                                          | MercadoLibre Inc                                          | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |      2653 | NS      | $6183745.05   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| UniCredit SpA                                             | UniCredit SpA                                             | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |    217345 | NS      | $12645309.77  | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Kajima Corp                                               | Kajima Corp                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    274000 | NS      | $6542477.14   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| ASR Nederland NV                                          | ASR Nederland NV                                          | CUSIP: N/A<br>LEI: 7245000G0HS48PZWUD53       | Long             | EC               | CORP              | NL        |     81633 | NS      | $5150942.33   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Airbus SE                                                 | Airbus SE                                                 | CUSIP: N/A<br>LEI: MINO79WLOO247M1IL051       | Long             | EC               | CORP              | FR        |    103291 | NS      | $17527493.82  | 1.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Localiza Rent a Car SA                                    | Localiza Rent a Car SA                                    | CUSIP: N/A<br>LEI: 984500C442A7E0CD4D11       | Long             | EC               | CORP              | BR        |    774287 | NS      | $5872146.55   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd                                      | Tencent Holdings Ltd                                      | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | CN        |    534500 | NS      | $32738635.13  | 3.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Dassault Systemes SE                                      | Dassault Systemes SE                                      | CUSIP: N/A<br>LEI: 96950065LBWY0APQIM86       | Long             | EC               | CORP              | FR        |     98068 | NS      | $3675206.31   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Swedbank AB                                               | Swedbank AB                                               | CUSIP: N/A<br>LEI: M312WZV08Y7LYUC71685       | Long             | EC               | CORP              | SE        |    169967 | NS      | $4243030.99   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Unilever PLC                                              | Unilever PLC                                              | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |    355165 | NS      | $22613208.73  | 2.10%             |  |  |  | No            |                  2 | On Loan: No      |
| PRADA SpA                                                 | PRADA SpA                                                 | CUSIP: N/A<br>LEI: 8156000FE0A2DC5B7852       | Long             | EC               | CORP              | IT        |    713400 | NS      | $4454367.74   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Technip Energies NV                                       | Technip Energies NV                                       | CUSIP: N/A<br>LEI: 724500FLODI49NSCIP70       | Long             | EC               | CORP              | FR        |    185913 | NS      | $6344113.85   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Industria de Diseno Textil SA                             | Industria de Diseno Textil SA                             | CUSIP: N/A<br>LEI: 549300TTCXZOGZM2EY83       | Long             | EC               | CORP              | ES        |    104316 | NS      | $5609585.25   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Fairfax Financial Holdings Ltd                            | Fairfax Financial Holdings Ltd                            | CUSIP: N/A<br>LEI: GLS7OQD0WOEDI8YAP031       | Long             | EC               | CORP              | CA        |      5927 | NS      | $9253360.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| NatWest Group PLC                                         | NatWest Group PLC                                         | CUSIP: N/A<br>LEI: 2138005O9XJIJN4JPN90       | Long             | EC               | CORP              | GB        |   1425162 | NS      | $9167007.56   | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                                          | Roche Holding AG                                          | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |     28806 | NS      | $9419173.61   | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Rakyat Indonesia Persero Tbk PT                      | Bank Rakyat Indonesia Persero Tbk PT                      | CUSIP: N/A<br>LEI: 254900HB6S4B12GBNP64       | Long             | EC               | CORP              | ID        |  26162694 | NS      | $6059535.92   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                                           | AstraZeneca PLC                                           | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |    197614 | NS      | $28311374.77  | 2.63%             |  |  |  | No            |                  2 | On Loan: No      |
| JD.com Inc                                                | JD.com Inc                                                | CUSIP: N/A<br>LEI: 549300HVTWB0GJZ16V92       | Long             | EC               | CORP              | CN        |   1059950 | NS      | $17257499.47  | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | CUSIP: N/A<br>LEI: 529900MUF4C20K50JS49       | Long             | EC               | CORP              | DE        |      6846 | NS      | $4686832.63   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Alcon AG                                                  | Alcon AG                                                  | CUSIP: N/A<br>LEI: 549300LDT5AP8S0NBM78       | Long             | EC               | CORP              | CH        |     48900 | NS      | $4751150.89   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-29

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

**Signature:** Megan Hoffmann

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

**Title:** Vice President and Controller