# EDGAR Filing Document

**Accession Number:** 0000012601
**File Stem:** 0001752724-23-037039
**Filing Date:** 2023-2
**Character Count:** 9367
**Document Hash:** fa3b1637b6ee1feb4deae50df76790d4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-037039.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-037039

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRINCIPAL VARIABLE CONTRACTS FUNDS INC
- **CENTRAL INDEX KEY:** 0000012601
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01944
- **FILM NUMBER:** 23659104

**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

### Principal LifeTime 2050 Account (Series ID: S000007671)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000020919 | Principal LifeTime 2050 Account Class 1 |  |

## 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:** Principal LifeTime 2050 Account

- **b. EDGAR series identifier (if any):** S000007671

- **c. LEI of Series:** 549300VOIKZKD0F5L118

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $56790352.13

**Total Liabilities:** $4241.29

**Net Assets:** $56786110.84

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000020919 | 6.73%                | 7.19%                | -4.45%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-6664.09                | $3450801.45                                |
| Month 2  | $2069.16                 | $3986021.19                                |
| Month 3  | $1918729.43              | $-5144675.23                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SmallCap Value Fund II           | SmallCap Value Fund II           | CUSIP: 742537566<br>LEI: 549300VWU1POPCB8T381 | Long             | EC               | RF                | US        |    112217 | NS      | $1172663.04   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Origin Emerging Markets Fund     | Origin Emerging Markets Fund     | CUSIP: 742537483<br>LEI: 549300PYEJ7SMX1YOB34 | Long             | EC               | RF                | US        |    215560 | NS      | $1922797.30   | 3.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Chip Fund                   | Blue Chip Fund                   | CUSIP: 74256W535<br>LEI: 549300DIGKZKBG8KG876 | Long             | EC               | RF                | US        |    194260 | NS      | $5489801.31   | 9.67%             |  |  |  | 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        |    289584 | NS      | $5577395.76   | 9.82%             |  |  |  | No            |                  1 | On Loan: No      |
| MidCap Fund                      | MidCap Fund                      | CUSIP: 74256W584<br>LEI: 549300D8KHZ8MDOZYC94 | Long             | EC               | RF                | US        |     36594 | NS      | $1142823.22   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SmallCap Growth Fund I           | SmallCap Growth Fund I           | CUSIP: 742537574<br>LEI: 5493004U8OWJ0X12E116 | Long             | EC               | RF                | US        |     91964 | NS      | $1115518.27   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Income Fund               | Equity Income Fund               | CUSIP: 74254U499<br>LEI: 549300LK1BTIDFAOW136 | Long             | EC               | RF                | US        |    167168 | NS      | $5830809.55   | 10.27%            |  |  |  | No            |                  1 | On Loan: No      |
| Real Estate Securities Fund      | Real Estate Securities Fund      | CUSIP: 74256W568<br>LEI: 5493007VCVKAGWPVUY18 | Long             | EC               | RF                | US        |     55099 | NS      | $1389594.08   | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| MidCap Value Fund I              | MidCap Value Fund I              | CUSIP: 74257B654<br>LEI: 549300O90I046TGIJV51 | Long             | EC               | RF                | US        |    242099 | NS      | $3738005.64   | 6.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Diversified International Fund   | Diversified International Fund   | CUSIP: 74257B811<br>LEI: 549300WI2K0C68CW5R08 | Long             | EC               | RF                | US        |    698392 | NS      | $7954688.71   | 14.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Overseas Fund                    | Overseas Fund                    | CUSIP: 742553571<br>LEI: M8LPS0WBNG35BUE1BV52 | Long             | EC               | RF                | US        |    437240 | NS      | $4044473.22   | 7.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Fixed Income Fund           | Core Fixed Income Fund           | CUSIP: 742537616<br>LEI: 2K6IF9KYA1Q08XNZVZ48 | Long             | EC               | RF                | US        |    221714 | NS      | $1866829.79   | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| LargeCap Growth Fund I           | LargeCap Growth Fund I           | CUSIP: 742537590<br>LEI: 5493005TWCHTR0PO8C36 | Long             | EC               | RF                | US        |    405229 | NS      | $5328758.69   | 9.38%             |  |  |  | No            |                  1 | On Loan: No      |
| MidCap Growth Fund III           | MidCap Growth Fund III           | CUSIP: 74253Q614<br>LEI: 549300GHS4DWMKDWYG64 | Long             | EC               | RF                | US        |    231864 | NS      | $2369646.48   | 4.17%             |  |  |  | No            |                  1 | On Loan: No      |
| High Income Fund                 | High Income Fund                 | CUSIP: 74254R637<br>LEI: 549300587LXZ3RWC6G81 | Long             | EC               | RF                | US        |     77327 | NS      | $605473.45    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| International Small Company Fund | International Small Company Fund | CUSIP: 74256W493<br>LEI: 5493005DM6DKJRUY3N14 | Long             | EC               | RF                | US        |    160172 | NS      | $1451160.10   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| LargeCap Value Fund III          | LargeCap Value Fund III          | CUSIP: 74253J677<br>LEI: 549300P5E4OK1XZWQO33 | Long             | EC               | RF                | US        |    342086 | NS      | $5784668.75   | 10.19%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

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

**Signature:** Megan Hoffmann

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

**Title:** Vice President and Controller