# EDGAR Filing Document

**Accession Number:** 0000898745
**File Stem:** 0001752724-25-150697
**Filing Date:** 2025-6
**Character Count:** 14392
**Document Hash:** 145091890f354342846f817278af6651
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-150697.hdr.sgml**: 20250623

**ACCESSION NUMBER**: 0001752724-25-150697

**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:** 251063744

**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

### Strategic Asset Management Balanced Portfolio (Series ID: S000014246)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000038768 | Class A             | SABPX           |
| C000038770 | Class C             | SCBPX           |
| C000038771 | Institutional Class | PSBIX           |
| C000039361 | R-3                 | PBAPX           |
| C000039364 | R-5                 | PSBFX           |
| C000039365 | Class J             | PSAJX           |

## 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:** SAM Balanced Portfolio

- **b. EDGAR series identifier (if any):** S000014246

- **c. LEI of Series:** 549300S8O6Z9WO7ZQ889

**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:** $4424956256.91

**Total Liabilities:** $1995858.00

**Net Assets:** $4422960398.91

**Cash Not Reported:** $3.83

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000039361 | 0.00%                | -2.81%               | -0.19%               |
| Class ID C000038768 | 0.00%                | -2.78%               | -0.19%               |
| Class ID C000039365 | 0.00%                | -2.76%               | -0.13%               |
| Class ID C000038771 | 0.00%                | -2.78%               | -0.13%               |
| Class ID C000038770 | -0.06%               | -2.86%               | -0.19%               |
| Class ID C000039364 | 0.00%                | -2.78%               | -0.19%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $56229668.12             | $-57975449.91                              |
| Month 2  | $72791027.94             | $-206775316.14                             |
| Month 3  | $-8084424.14             | $-4238166.10                               |

### 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        |   5064903 | NS      | $392175469.64 | 8.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Emerging Markets Fund                          | Global Emerging Markets Fund                          | CUSIP: 74256W618<br>LEI: 5493005LRWTRDOOFXF24 | Long             | EC               | RF                | US        |   3517537 | NS      | $94445857.20  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Finisterre Emerging Markets Total Return Bond Fund    | Finisterre Emerging Markets Total Return Bond Fund    | CUSIP: 74255L175<br>LEI: 549300MNS2JZWUXHD778 | Long             | EC               | RF                | US        |   9609078 | NS      | $86481705.39  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| International Equity Index Fund                       | International Equity Index Fund                       | CUSIP: 74256W519<br>LEI: 5493006KEEH2X763W530 | Long             | EC               | RF                | US        |   1842898 | NS      | $22722938.42  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Inflation Protection Fund                             | Inflation Protection Fund                             | CUSIP: 74254T815<br>LEI: 5493006ECFME6VCZ0U45 | Long             | EC               | RF                | US        |  15531349 | NS      | $121610463.05 | 2.75%             |  |  |  | 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        |   3358475 | NS      | $90342972.52  | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| LargeCap Value Fund III                               | LargeCap Value Fund III                               | CUSIP: 74253J677<br>LEI: 549300P5E4OK1XZWQO33 | Long             | EC               | RF                | US        |  12705862 | NS      | $233152571.30 | 5.27%             |  |  |  | No            |                  1 | On Loan: No      |
| MidCap Fund                                           | MidCap Fund                                           | CUSIP: 74256W584<br>LEI: 549300D8KHZ8MDOZYC94 | Long             | EC               | RF                | US        |   3813201 | NS      | $168619743.00 | 3.81%             |  |  |  | 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        |   8357257 | NS      | $473940044.47 | 10.72%            |  |  |  | No            |                  1 | On Loan: No      |
| Principal Value ETF                                   | Principal Value ETF                                   | CUSIP: 74255Y300<br>LEI: 549300X72DS7OIEXMJ50 | Long             | EC               | RF                | US        |   1186000 | NS      | $54935520.00  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Income Fund                                    | Equity Income Fund                                    | CUSIP: 74254U499<br>LEI: 549300LK1BTIDFAOW136 | Long             | EC               | RF                | US        |   8531984 | NS      | $323788810.75 | 7.32%             |  |  |  | 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        |  27205067 | NS      | $27205066.81  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Fixed Income Fund                                | Core Fixed Income Fund                                | CUSIP: 742537616<br>LEI: 2K6IF9KYA1Q08XNZVZ48 | Long             | EC               | RF                | US        |  78340861 | NS      | $672948000.22 | 15.21%            |  |  |  | No            |                  1 | On Loan: No      |
| International Small Company Fund                      | International Small Company Fund                      | CUSIP: 74256W493<br>LEI: 5493005DM6DKJRUY3N14 | Long             | EC               | RF                | US        |   4032641 | NS      | $44318728.50  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| High Yield Fund                                       | High Yield Fund                                       | CUSIP: 74256W626<br>LEI: 2U04QLKKFWRJC7CSOX80 | Long             | EC               | RF                | US        |  20444499 | NS      | $134933692.75 | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Government & High Quality Bond Fund                   | Government & High Quality Bond Fund                   | CUSIP: 74254U457<br>LEI: XQSA5XKJBXF2IV4K6K06 | Long             | EC               | RF                | US        |   6039876 | NS      | $54479685.24  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Small-MidCap Dividend Income Fund                     | Small-MidCap Dividend Income Fund                     | CUSIP: 74256W469<br>LEI: 54930000PG64KHHYCN32 | Long             | EC               | RF                | US        |   3577611 | NS      | $61892672.46  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Real Estate Securities Fund                           | Real Estate Securities Fund                           | CUSIP: 74256W568<br>LEI: 5493007VCVKAGWPVUY18 | Long             | EC               | RF                | US        |   1088325 | NS      | $31213165.73  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Overseas Fund                                         | Overseas Fund                                         | CUSIP: 742553571<br>LEI: M8LPS0WBNG35BUE1BV52 | Long             | EC               | RF                | US        |  15017051 | NS      | $155576649.18 | 3.52%             |  |  |  | No            |                  1 | On Loan: No      |
| LargeCap Growth Fund I                                | LargeCap Growth Fund I                                | CUSIP: 742537590<br>LEI: 5493005TWCHTR0PO8C36 | Long             | EC               | RF                | US        |   8964575 | NS      | $139219853.23 | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Diversified Real Asset Fund                           | Diversified Real Asset Fund                           | CUSIP: 742537467<br>LEI: 549300FY1HF8KNDK4G58 | Long             | EC               | RF                | US        |  11447821 | NS      | $131077548.07 | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Chip Fund                                        | Blue Chip Fund                                        | CUSIP: 74256W535<br>LEI: 549300DIGKZKBG8KG876 | Long             | EC               | RF                | US        |   3648216 | NS      | $164279180.89 | 3.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal International Equity ETF                    | Principal International Equity ETF                    | CUSIP: 74255Y698<br>LEI: 254900IUDNVVDBH14H30 | Long             | EC               | RF                | US        |   6205387 | NS      | $165932048.38 | 3.75%             |  |  |  | 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        |   2181700 | NS      | $104001639.00 | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Short-Term Income Fund                                | Short-Term Income Fund                                | CUSIP: 74254U440<br>LEI: IJOCWVJG326LDFE5SJ51 | Long             | EC               | RF                | US        |   6533511 | NS      | $78990148.47  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Bond Market Index Fund                                | Bond Market Index Fund                                | CUSIP: 742553316<br>LEI: VNIC77YUXCT48GBDSU43 | Long             | EC               | RF                | US        |  32722465 | NS      | $279777079.34 | 6.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Spectrum Preferred and Capital Securities Income Fund | Spectrum Preferred and Capital Securities Income Fund | CUSIP: 74256W485<br>LEI: 549300C5BAH7DRKDHO25 | Long             | EC               | RF                | US        |  12483131 | NS      | $113346833.84 | 2.56%             |  |  |  | No            |                  1 | 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