# EDGAR Filing Document

**Accession Number:** 0000898745
**File Stem:** 0001752724-25-150731
**Filing Date:** 2025-6
**Character Count:** 24335
**Document Hash:** b9ba9dca9cea38fcdbd613aef3fbdb27
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-150731.hdr.sgml**: 20250623

**ACCESSION NUMBER**: 0001752724-25-150731

**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:** 251063777

**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

### MidCap Growth Fund (Series ID: S000007078)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019336 | R-3                 | PFPPX           |
| C000019337 | R-5                 | PHPPX           |
| C000019340 | Institutional Class | PGWIX           |
| C000019341 | Class J             | PMGJX           |

## 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:** MidCap Growth Fund

- **b. EDGAR series identifier (if any):** S000007078

- **c. LEI of Series:** 5493005XW9NLIS1WUD74

**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:** $171746788.46

**Total Liabilities:** $1827790.87

**Net Assets:** $169918997.59

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000019337 | -9.03%               | -8.99%               | 2.92%                |
| Class ID C000019336 | -8.96%               | -9.04%               | 2.90%                |
| Class ID C000019340 | -8.94%               | -9.03%               | 2.92%                |
| Class ID C000019341 | -9.01%               | -8.97%               | 2.94%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $10527121.03             | $-28755537.39                              |
| Month 2  | $-1389416.86             | $-15170684.19                              |
| Month 3  | $-653462.48              | $5688062.40                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Cava Group Inc                                     | Cava Group Inc                                     | CUSIP: 148929102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34379 | NS      | $3177650.97   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk Inc/The                                 | Trade Desk Inc/The                                 | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |     27345 | NS      | $1466512.35   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Wholesale Club Holdings Inc                   | BJ's Wholesale Club Holdings Inc                   | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |     37136 | NS      | $4365708.16   | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| TKO Group Holdings Inc                             | TKO Group Holdings Inc                             | CUSIP: 87256C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28544 | NS      | $4650103.04   | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals Inc                                 | United Rentals Inc                                 | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |      2576 | NS      | $1626615.20   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc - Class A                            | Snowflake Inc - Class A                            | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |     20887 | NS      | $3331267.63   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation Inc                            | Rockwell Automation Inc                            | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |     11381 | NS      | $2818846.08   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                                        | HubSpot Inc                                        | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |      5800 | NS      | $3546700.00   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co                               | Matador Resources Co                               | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |     45927 | NS      | $1815953.58   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Guardant Health Inc                                | Guardant Health Inc                                | CUSIP: 40131M109<br>LEI: 254900M8C3E5VC8BR186 | Long             | EC               | CORP              | US        |     60973 | NS      | $2879754.79   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Financial Inc                    | Fidelity National Financial Inc                    | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |     42363 | NS      | $2713350.15   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co                                        | Fastenal Co                                        | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |     44941 | NS      | $3638872.77   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Confluent Inc                                      | Confluent Inc                                      | CUSIP: 20717M103<br>LEI: 254900MRZ83YWUV7SN74 | Long             | EC               | CORP              | US        |     91239 | NS      | $2172400.59   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Trimble Inc                                        | Trimble Inc                                        | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |     48133 | NS      | $2990984.62   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc                           | Ameriprise Financial Inc                           | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      5643 | NS      | $2657965.86   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc - Class A                             | Evercore Inc - Class A                             | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |     18816 | NS      | $3862736.64   | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc - Class A                             | DoorDash Inc - Class A                             | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |     19354 | NS      | $3733193.06   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc                        | Alnylam Pharmaceuticals Inc                        | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |      8461 | NS      | $2227273.64   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity FedFund - Institutional Class  | BlackRock Liquidity FedFund - Institutional Class  | CUSIP: 09248U700<br>LEI: 549300T8K043VZEOVK74 | Long             | STIV             | RF                | US        |   1675109 | NS      | $1675109.00   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Somnigroup International Inc                       | Somnigroup International Inc                       | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Long             | EC               | CORP              | US        |     31921 | NS      | $1949096.26   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom Inc                                         | Dexcom Inc                                         | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |     22910 | NS      | $1635315.80   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc                          | Palantir Technologies Inc                          | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     82976 | NS      | $9827677.44   | 5.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                                         | Twilio Inc                                         | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |     35415 | NS      | $3424984.65   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Datadog Inc                                        | Datadog Inc                                        | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |     18035 | NS      | $1842455.60   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc - A Shares           | Interactive Brokers Group Inc - A Shares           | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |     26135 | NS      | $4491299.75   | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp                               | Deckers Outdoor Corp                               | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |     23711 | NS      | $2627890.13   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                                      | AppLovin Corp                                      | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |     18432 | NS      | $4963921.92   | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                                     | Atlassian Corp                                     | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | AU        |     12895 | NS      | $2944057.45   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc                                | Axon Enterprise Inc                                | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |      3267 | NS      | $2003651.10   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Cos Inc                                     | Rocket Cos Inc                                     | CUSIP: 77311W101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    128186 | NS      | $1654881.26   | 0.97%             |  |  |  | No            |                  1 | On Loan: —       |
| XPO Inc                                            | XPO Inc                                            | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |     20969 | NS      | $2225230.28   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp                                    | Fair Isaac Corp                                    | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |      1245 | NS      | $2477151.60   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                                       | KKR & Co Inc                                       | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     36757 | NS      | $4200222.39   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Penumbra Inc                                       | Penumbra Inc                                       | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Long             | EC               | CORP              | US        |      5475 | NS      | $1603299.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Norwegian Cruise Line Holdings Ltd                 | Norwegian Cruise Line Holdings Ltd                 | CUSIP: G66721104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    153400 | NS      | $2459002.00   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc                               | Jacobs Solutions Inc                               | CUSIP: 46982L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13321 | NS      | $1649139.80   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Dayforce Inc                                       | Dayforce Inc                                       | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Long             | EC               | CORP              | US        |     27136 | NS      | $1570360.32   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp                                 | Expand Energy Corp                                 | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     49702 | NS      | $5164037.80   | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp                                        | ROBLOX Corp                                        | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50923 | NS      | $3414387.15   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                                     | GE Vernova Inc                                     | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      6931 | NS      | $2570153.42   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods Inc                          | Dick's Sporting Goods Inc                          | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |     14341 | NS      | $2692379.34   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets Inc                               | Tradeweb Markets Inc                               | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29062 | NS      | $4019274.60   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera Inc                                         | Natera Inc                                         | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12529 | NS      | $1891001.97   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Lattice Semiconductor Corp                         | Lattice Semiconductor Corp                         | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |     32438 | NS      | $1587191.34   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Chewy Inc                                          | Chewy Inc                                          | CUSIP: 16679L109<br>LEI: 254900NPQSTG9I422879 | Long             | EC               | CORP              | US        |     60150 | NS      | $2255625.00   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle Inc                             | Jones Lang LaSalle Inc                             | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |     16142 | NS      | $3670852.22   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| MicroStrategy Inc                                  | MicroStrategy Inc                                  | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |     11885 | NS      | $4517607.35   | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp                                      | Repligen Corp                                      | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |     11580 | NS      | $1597924.20   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc                                  | Veeva Systems Inc                                  | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |     16649 | NS      | $3890704.81   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International plc                 | Johnson Controls International plc                 | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |     64532 | NS      | $5414234.80   | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd                                            | Sea Ltd                                            | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | SG        |     24910 | NS      | $3339185.50   | 1.97%             |  |  |  | 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        |   4887078 | NS      | $4887078.08   | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| DraftKings Inc                                     | DraftKings Inc                                     | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Long             | EC               | CORP              | US        |     44657 | NS      | $1486631.53   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Paylocity Holding Corp                             | Paylocity Holding Corp                             | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |     11725 | NS      | $2252372.50   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Ltd                                        | Invesco Ltd                                        | CUSIP: G491BT108<br>LEI: ECPGFXU8A2SHKVVGJI15 | Long             | EC               | CORP              | US        |    192036 | NS      | $2675061.48   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Holdings Inc           | Knight-Swift Transportation Holdings Inc           | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52488 | NS      | $2055954.96   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoom Communications Inc                            | Zoom Communications Inc                            | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |     43973 | NS      | $3409666.42   | 2.01%             |  |  |  | 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