# EDGAR Filing Document

**Accession Number:** 0000898745
**File Stem:** 0000898745-26-000414
**Filing Date:** 2026-3
**Character Count:** 24032
**Document Hash:** 6a4558b7f27d1059cbfa3ecaefcec2d0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000898745-26-000414.hdr.sgml**: 20260325

**ACCESSION NUMBER**: 0000898745-26-000414

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260325

**DATE AS OF CHANGE**: 20260325

**PERIOD START**: 20261031

**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:** 26789590

**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

### International Equity Fund (formerly, International Fund I) (Series ID: S000007083)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019372 | R-3                 | PRPPX           |
| C000019373 | R-5                 | PTPPX           |
| C000019376 | Institutional Class | PINIX           |
| C000175484 | R-6                 | PIIDX           |

## 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:** 711 High St

  - **City:** Des Moines

  - **State:** IA

  - **Foreign country:** US

  - **Zip / Postal Code:** 50392

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

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

- **a. Name of Series:** International Equity Fund

- **b. EDGAR series identifier (if any):** S000007083

- **c. LEI of Series:** 549300O1DA1JNC6UVF17

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**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:** $7086616858.07

**Total Liabilities:** $28836710.74

**Net Assets:** $7057780147.33

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000175484 | 1.96%                | 2.27%                | 4.89%                |
| Class ID C000019372 | 1.97%                | 2.15%                | 4.89%                |
| Class ID C000019373 | 1.96%                | 2.22%                | 4.87%                |
| Class ID C000019376 | 1.96%                | 2.28%                | 4.87%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $12958270.63             | $112788374.36                              |
| Month 2  | $24708023.44             | $120477349.94                              |
| Month 3  | $94063844.42             | $235548183.70                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CSG NV                                             | CSG NV                                             | CUSIP: N/A<br>LEI: 31570078IM9ILNPQUB16       | Long             | EC               | CORP              | CZ        |    280089 | NS      | $10144399.08  | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| AIB Group PLC                                      | AIB Group PLC                                      | CUSIP: N/A<br>LEI: 635400AKJBGNS5WNQL34       | Long             | EC               | CORP              | IE        |  22210263 | NS      | $248270291.50 | 3.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Gazprom PJSC                                       | Gazprom PJSC                                       | CUSIP: N/A<br>LEI: 213800FD9J2IHTA7YX78       | Long             | EC               | CORP              | RU        |    288000 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Gaztransport Et Technigaz SA                       | Gaztransport Et Technigaz SA                       | CUSIP: N/A<br>LEI: 969500BVOHVZUUFWDT54       | Long             | EC               | CORP              | FR        |    298888 | NS      | $64395177.45  | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Spotify Technology SA                              | Spotify Technology SA                              | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | SE        |    140515 | NS      | $70306680.25  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                                      | HDFC Bank Ltd                                      | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |   2224370 | NS      | $72025100.60  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NatWest Group PLC                                  | NatWest Group PLC                                  | CUSIP: N/A<br>LEI: 2138005O9XJIJN4JPN90       | Long             | EC               | CORP              | GB        |  14357228 | NS      | $130862535.12 | 1.85%             |  |  |  | No            |                  2 | On Loan: No      |
| CRH PLC                                            | CRH PLC                                            | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |   1017847 | NS      | $124232256.32 | 1.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd                         | Samsung Electronics Co Ltd                         | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |   3178493 | NS      | $351143312.63 | 4.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd          | Taiwan Semiconductor Manufacturing Co Ltd          | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    695500 | NS      | $229904480.00 | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                                    | AstraZeneca PLC                                    | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |   1127762 | NS      | $210117145.06 | 2.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Hoya Corp                                          | Hoya Corp                                          | CUSIP: N/A<br>LEI: 353800X4VR3BHEUCJB42       | Long             | EC               | CORP              | JP        |    683700 | NS      | $114694697.80 | 1.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Galaxy Entertainment Group Ltd                     | Galaxy Entertainment Group Ltd                     | CUSIP: N/A<br>LEI: 549300ZSEBV3HR826S10       | Long             | EC               | CORP              | HK        |  13667000 | NS      | $69438790.31  | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| CRH PLC                                            | CRH PLC                                            | CUSIP: G25508105<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |    457824 | NS      | $56042235.84  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Software Inc/Canada - Warrants       | Constellation Software Inc/Canada - Warrants       | CUSIP: N/A<br>LEI: 549300B6PYHMCTDWQV29       | Long             | EC               | CORP              | CA        |       500 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Smith & Nephew PLC                                 | Smith & Nephew PLC                                 | CUSIP: N/A<br>LEI: 213800ZTMDN8S67S1H61       | Long             | EC               | CORP              | GB        |   6834150 | NS      | $116475766.66 | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Ascendis Pharma A/S                                | Ascendis Pharma A/S                                | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |    193635 | NS      | $43780873.50  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ARC Resources Ltd                                  | ARC Resources Ltd                                  | CUSIP: N/A<br>LEI: 5493000OCGNQZEVTDT08       | Long             | EC               | CORP              | CA        |   3823400 | NS      | $70956059.19  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sberbank of Russia PJSC                            | Sberbank of Russia PJSC                            | CUSIP: 80585Y308<br>LEI: 549300WE6TAF5EEWQS81 | Long             | EC               | CORP              | RU        |    194243 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Entain PLC                                         | Entain PLC                                         | CUSIP: N/A<br>LEI: 213800GNI3K45LQR8L28       | Long             | EC               | CORP              | GB        |  10457470 | NS      | $86757206.50  | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Magnit PJSC                                        | Magnit PJSC                                        | CUSIP: N/A<br>LEI: 2534009KKPTVL99W2Y12       | Long             | EC               | CORP              | RU        |     24200 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Haleon PLC                                         | Haleon PLC                                         | CUSIP: N/A<br>LEI: 549300PSB3WWEODCUP19       | Long             | EC               | CORP              | GB        |  37778883 | NS      | $197579148.55 | 2.80%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML Holding NV                                    | ASML Holding NV                                    | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |    216395 | NS      | $310291083.39 | 4.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Obayashi Corp                                      | Obayashi Corp                                      | CUSIP: N/A<br>LEI: 529900YT4O5S0LCXWD54       | Long             | EC               | CORP              | JP        |   4051700 | NS      | $91460332.68  | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Erste Group Bank AG                                | Erste Group Bank AG                                | CUSIP: N/A<br>LEI: PQOH26KWDF7CG10L6792       | Long             | EC               | CORP              | AT        |   1819690 | NS      | $236576761.68 | 3.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Argenx SE                                          | Argenx SE                                          | CUSIP: N/A<br>LEI: 7245009C5FZE6G9ODQ71       | Long             | EC               | CORP              | NL        |    106523 | NS      | $89583087.72  | 1.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Dollarama Inc                                      | Dollarama Inc                                      | CUSIP: N/A<br>LEI: 5493002GJ0NJP1HI0C79       | Long             | EC               | CORP              | CA        |    516724 | NS      | $69635261.63  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Sompo Holdings Inc                                 | Sompo Holdings Inc                                 | CUSIP: N/A<br>LEI: 353800CWW4SRGEYEB512       | Long             | EC               | CORP              | JP        |   6712300 | NS      | $231470491.95 | 3.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsonite Group SA                                 | Samsonite Group SA                                 | CUSIP: N/A<br>LEI: 549300UULS5HYFJSEL12       | Long             | EC               | CORP              | US        |  21715800 | NS      | $55172720.21  | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| PRADA SpA                                          | PRADA SpA                                          | CUSIP: N/A<br>LEI: 8156000FE0A2DC5B7852       | Long             | EC               | CORP              | IT        |  13212100 | NS      | $67545218.64  | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                               | Tencent Holdings Ltd                               | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | CN        |   3120700 | NS      | $239862644.51 | 3.40%             |  |  |  | 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        |    890939 | NS      | $77529511.78  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| British American Tobacco PLC                       | British American Tobacco PLC                       | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |   3331083 | NS      | $201241945.54 | 2.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Trip.com Group Ltd                                 | Trip.com Group Ltd                                 | CUSIP: N/A<br>LEI: 2549004RMYDSRQL4KW41       | Long             | EC               | CORP              | SG        |   2165150 | NS      | $132887487.94 | 1.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Teck Resources Ltd                                 | Teck Resources Ltd                                 | CUSIP: N/A<br>LEI: T8KI5SQ2JRWHL7XY0E11       | Long             | EC               | CORP              | CA        |   4667706 | NS      | $250516619.16 | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Hannover Rueck SE                                  | Hannover Rueck SE                                  | CUSIP: N/A<br>LEI: 529900KIN5BE45V5KB18       | Long             | EC               | CORP              | DE        |    549578 | NS      | $155393494.47 | 2.20%             |  |  |  | No            |                  2 | On Loan: No      |
| ICON PLC                                           | ICON PLC                                           | CUSIP: G4705A100<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |    971391 | NS      | $175093227.75 | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| UniCredit SpA                                      | UniCredit SpA                                      | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |   1687127 | NS      | $147026935.54 | 2.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujitsu Ltd                                        | Fujitsu Ltd                                        | CUSIP: N/A<br>LEI: 3538000246DHJLRTUZ24       | Long             | EC               | CORP              | JP        |   6431400 | NS      | $178701482.29 | 2.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Airbus SE                                          | Airbus SE                                          | CUSIP: N/A<br>LEI: MINO79WLOO247M1IL051       | Long             | EC               | CORP              | FR        |    757244 | NS      | $173371581.53 | 2.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Telekom AG                                | Deutsche Telekom AG                                | CUSIP: N/A<br>LEI: 549300V9QSIG4WX4GJ96       | Long             | EC               | CORP              | DE        |   7720102 | NS      | $259074243.58 | 3.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Suncor Energy Inc                                  | Suncor Energy Inc                                  | CUSIP: N/A<br>LEI: 894500XO86FKXQGPYV71       | Long             | EC               | CORP              | CA        |   4528816 | NS      | $239370533.93 | 3.39%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity FedFund - Institutional Class  | BlackRock Liquidity FedFund - Institutional Class  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |   1408781 | NS      | $1408781.13   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA Group Ltd                                      | AIA Group Ltd                                      | CUSIP: N/A<br>LEI: ZP5ILWVSYE4LJGMMVD57       | Long             | EC               | CORP              | HK        |  21850000 | NS      | $252093992.52 | 3.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Nice Ltd                                           | Nice Ltd                                           | CUSIP: 653656108<br>LEI: 254900YTY4EF5Z4W0A51 | Long             | EC               | CORP              | IL        |    607218 | NS      | $64614067.38  | 0.92%             |  |  |  | No            |                  1 | On Loan: —       |
| National Bank of Greece SA                         | National Bank of Greece SA                         | CUSIP: N/A<br>LEI: 5UMCZOEYKCVFAW8ZLO05       | Long             | EC               | CORP              | GR        |   9621778 | NS      | $169867692.99 | 2.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Evraz PLC                                          | Evraz PLC                                          | CUSIP: N/A<br>LEI: 5493005B7DAN39RXLK23       | Long             | EC               | CORP              | RU        |    204000 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Nintendo Co Ltd                                    | Nintendo Co Ltd                                    | CUSIP: N/A<br>LEI: 353800FEEXU6I9M0ZF27       | Long             | EC               | CORP              | JP        |   1927800 | NS      | $119380092.24 | 1.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Rexel SA                                           | Rexel SA                                           | CUSIP: N/A<br>LEI: 969500N6AVPA51648T62       | Long             | EC               | CORP              | FR        |   2655544 | NS      | $111282490.99 | 1.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Novatek PJSC                                       | Novatek PJSC                                       | CUSIP: N/A<br>LEI: 2138008R6GCRVBDFA581       | Long             | EC               | CORP              | RU        |     67000 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BAE Systems PLC                                    | BAE Systems PLC                                    | CUSIP: N/A<br>LEI: 8SVCSVKSGDWMW2QHOH83       | Long             | EC               | CORP              | GB        |   6863523 | NS      | $186322959.40 | 2.64%             |  |  |  | No            |                  2 | On Loan: No      |
| LUKOIL PJSC                                        | LUKOIL PJSC                                        | CUSIP: N/A<br>LEI: 549300LCJ1UJXHYBWI24       | Long             | EC               | CORP              | RU        |     20000 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Yum China Holdings Inc                             | Yum China Holdings Inc                             | CUSIP: N/A<br>LEI: 529900DO9BYZ7VA3K502       | Long             | EC               | CORP              | CN        |   4791780 | NS      | $238259862.38 | 3.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi SA                                          | Sanofi SA                                          | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |   1282445 | NS      | $120965384.56 | 1.71%             |  |  |  | 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        |    744000 | NS      | $41140177.19  | 0.58%             |  |  |  | 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        | 110217138 | NS      | $110217138.00 | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

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

**Signature:** Megan Hoffmann

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

**Title:** Vice President and Treasurer