# EDGAR Filing Document

**Accession Number:** 0000898745
**File Stem:** 0000898745-26-000455
**Filing Date:** 2026-3
**Character Count:** 30100
**Document Hash:** 781d4f2b5593c890c2ab2218e10e5eb9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000898745-26-000455.hdr.sgml**: 20260325

**ACCESSION NUMBER**: 0000898745-26-000455

**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:** 26789684

**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 Fund (f/k/a MidCap Blend Fund) (Series ID: S000007075)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019312 | R-3                 | PMBMX           |
| C000019313 | R-5                 | PMBPX           |
| C000019315 | Institutional Class | PCBIX           |
| C000019316 | Class J             | PMBJX           |
| C000019317 | Class A             | PEMGX           |
| C000038781 | Class C             | PMBCX           |
| C000175482 | R-6                 | PMAQX           |

## 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:** MidCap Fund

- **b. EDGAR series identifier (if any):** S000007075

- **c. LEI of Series:** 549300D8KHZ8MDOZYC94

**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:** $30312275465.63

**Total Liabilities:** $65865973.31

**Net Assets:** $30246409492.32

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000019313 | 1.20%                | -1.15%               | -0.65%               |
| Class ID C000019312 | 1.16%                | -1.16%               | -0.70%               |
| Class ID C000019315 | 1.19%                | -1.12%               | -0.63%               |
| Class ID C000019317 | 1.18%                | -1.13%               | -0.66%               |
| Class ID C000019316 | 1.21%                | -1.13%               | -0.64%               |
| Class ID C000038781 | 1.13%                | -1.22%               | -0.73%               |
| Class ID C000175482 | 1.21%                | -1.10%               | -0.65%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $97755016.47             | $267719135.42                              |
| Month 2  | $229408432.61            | $-572802210.67                             |
| Month 3  | $181277207.27            | $-364595263.70                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Martin Marietta Materials Inc                      | Martin Marietta Materials Inc                      | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |   1575044 | NS      | $1026849935.80 | 3.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc                                | Eagle Materials Inc                                | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |    226219 | NS      | $46105694.39   | 0.15%             |  |  |  | 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        |   3812809 | NS      | $3812808.88    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc                                  | Veeva Systems Inc                                  | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |   2560466 | NS      | $522130226.72  | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Corp                                    | Brookfield Corp                                    | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |  32862936 | NS      | $1496906734.80 | 4.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashtead Group PLC                                  | Ashtead Group PLC                                  | CUSIP: 045055209<br>LEI: 2138007UTBN8X9K1A235 | Long             | EC               | CORP              | GB        |   3753328 | NS      | $237810862.08  | 0.79%             |  |  |  | No            |                  1 | On Loan: —       |
| Mettler-Toledo International Inc                   | Mettler-Toledo International Inc                   | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |    188169 | NS      | $258401197.56  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp                                       | Veralto Corp                                       | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |    600603 | NS      | $59447684.94   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Asset Management Ltd                    | Brookfield Asset Management Ltd                    | CUSIP: 113004105<br>LEI: 549300CZ84WPNJZKY093 | Long             | EC               | CORP              | US        |   7995761 | NS      | $397469279.31  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics Inc                               | Verisk Analytics Inc                               | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |    768491 | NS      | $167116052.86  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Perimeter Solutions Inc                            | Perimeter Solutions Inc                            | CUSIP: 71385M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   7969226 | NS      | $208395259.90  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Dominion Freight Line Inc                      | Old Dominion Freight Line Inc                      | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |    263662 | NS      | $45666258.40   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp - A Shares                             | Lennar Corp - A Shares                             | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |   2192284 | NS      | $239726255.40  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc                            | O'Reilly Automotive Inc                            | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |  13901419 | NS      | $1368038643.79 | 4.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Wealth Solutions Ltd                    | Brookfield Wealth Solutions Ltd                    | CUSIP: G17434104<br>LEI: 9845004583U3B8E06924 | Long             | EC               | CORP              | CA        |    232785 | NS      | $10621979.55   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Toast Inc                                          | Toast Inc                                          | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |   4880604 | NS      | $151835590.44  | 0.50%             |  |  |  | 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        |  39095424 | NS      | $39095423.59   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J Gallagher & Co                            | Arthur J Gallagher & Co                            | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |   1700002 | NS      | $423929498.74  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Appfolio Inc                                       | Appfolio Inc                                       | CUSIP: 03783C100<br>LEI: 529900OOUUGT6JFC0S15 | Long             | EC               | CORP              | US        |    935048 | NS      | $177546914.24  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Jack Henry & Associates Inc                        | Jack Henry & Associates Inc                        | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |    181999 | NS      | $32616040.79   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co                                | Vulcan Materials Co                                | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |   4994201 | NS      | $1500957168.54 | 4.96%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc                         | LPL Financial Holdings Inc                         | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |   1736253 | NS      | $632864218.50  | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Renewable Partners LP                   | Brookfield Renewable Partners LP                   | CUSIP: G16258108<br>LEI: VA8DFMRI2GY8Y7V79H93 | Long             | EC               | CORP              | CA        |   9055160 | NS      | $270115422.80  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                             | Roper Technologies Inc                             | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |   1210341 | NS      | $449314889.43  | 1.49%             |  |  |  | No            |                  1 | 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        |   6497333 | NS      | $565397917.66  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp                               | Ares Management Corp                               | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |   2683474 | NS      | $401635553.58  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                                  | Brown & Brown Inc                                  | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |  11328820 | NS      | $816807922.00  | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc                             | IDEXX Laboratories Inc                             | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |    528699 | NS      | $354471531.54  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment Inc                      | Live Nation Entertainment Inc                      | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |   8092240 | NS      | $1177016308.00 | 3.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd                             | Arch Capital Group Ltd                             | CUSIP: G0450A105<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |   2664798 | NS      | $255927199.92  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc                             | Tyler Technologies Inc                             | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |   1059982 | NS      | $391557350.80  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Live Holdings Inc - C Shares               | Liberty Live Holdings Inc - C Shares               | CUSIP: 530909308<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1360016 | NS      | $112310121.28  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products and Chemicals Inc                     | Air Products and Chemicals Inc                     | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |    372279 | NS      | $101446027.50  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp                                       | Moody's Corp                                       | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |    192596 | NS      | $99294793.76   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI Inc                                           | MSCI Inc                                           | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |   1113256 | NS      | $678217820.32  | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Group Inc                                | TransDigm Group Inc                                | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1091612 | NS      | $1558319794.48 | 5.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Topicus.com Inc                                    | Topicus.com Inc                                    | CUSIP: 89072T102<br>LEI: N/A                  | Long             | EC               | CORP              | NL        |    769746 | NS      | $57384564.30   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CoStar Group Inc                                   | CoStar Group Inc                                   | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Long             | EC               | CORP              | US        |  10621717 | NS      | $653235595.50  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp - B Shares                             | Lennar Corp - B Shares                             | CUSIP: 526057302<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     38354 | NS      | $3883726.04    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Entegris Inc                                       | Entegris Inc                                       | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |   3907068 | NS      | $461307518.76  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| CCC Intelligent Solutions Holdings Inc             | CCC Intelligent Solutions Holdings Inc             | CUSIP: 12510Q100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |  27927670 | NS      | $211691738.60  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc                      | Hilton Worldwide Holdings Inc                      | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |   5145775 | NS      | $1536065295.25 | 5.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Wix.com Ltd                                        | Wix.com Ltd                                        | CUSIP: M98068105<br>LEI: 5493008P6N29Q1AG9464 | Long             | EC               | CORP              | IL        |    710648 | NS      | $61712672.32   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Millrose Properties Inc                            | Millrose Properties Inc                            | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1012683 | NS      | $30177953.40   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR Inc                                            | NVR Inc                                            | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |     47142 | NS      | $359963583.66  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Seaport Entertainment Group Inc                    | Seaport Entertainment Group Inc                    | CUSIP: 812215200<br>LEI: 2549006G3SN205YAST27 | Long             | EC               | CORP              | US        |     16686 | NS      | $315198.54     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| CBRE Group Inc                                     | CBRE Group Inc                                     | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |   6945759 | NS      | $1183071130.47 | 3.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco Inc                                          | Graco Inc                                          | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |   1503949 | NS      | $131339866.17  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty Formula One - A Shares  | Liberty Media Corp-Liberty Formula One - A Shares  | CUSIP: 531229771<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    855342 | NS      | $68162203.98   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumine Group Inc                                   | Lumine Group Inc                                   | CUSIP: 55027C106<br>LEI: 984500E3C44B9D44M738 | Long             | EC               | CORP              | CA        |    359888 | NS      | $5970541.92    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Floor & Decor Holdings Inc                         | Floor & Decor Holdings Inc                         | CUSIP: 339750101<br>LEI: 549300M5FR3N688XGQ36 | Long             | EC               | CORP              | US        |   4767808 | NS      | $314484615.68  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Domino's Pizza Inc                                 | Domino's Pizza Inc                                 | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |    985848 | NS      | $404523009.84  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                                       | KKR & Co Inc                                       | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |   9802426 | NS      | $1120025194.76 | 3.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Infrastructure Partners LP              | Brookfield Infrastructure Partners LP              | CUSIP: G16252101<br>LEI: 549300WEH5R2OODI7Y90 | Long             | EC               | CORP              | BM        |  27236051 | NS      | $984583243.65  | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp - Class A                               | HEICO Corp - Class A                               | CUSIP: 422806208<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |   6227229 | NS      | $1585390231.11 | 5.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Group Inc                                   | Markel Group Inc                                   | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |    319731 | NS      | $652455867.84  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK Inc                                         | AMETEK Inc                                         | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |   1315541 | NS      | $294654873.18  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc                                    | Ross Stores Inc                                    | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |   1310995 | NS      | $247319206.75  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co                                        | Fastenal Co                                        | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |   7240171 | NS      | $313933814.56  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| W R Berkley Corp                                   | W R Berkley Corp                                   | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |   1407522 | NS      | $96527858.76   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp                                    | Fair Isaac Corp                                    | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |    280774 | NS      | $410820093.58  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Live Holdings Inc - A Shares               | Liberty Live Holdings Inc - A Shares               | CUSIP: 530909100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    328587 | NS      | $26431538.28   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The                            | Sherwin-Williams Co/The                            | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |    309731 | NS      | $109843001.84  | 0.36%             |  |  |  | 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        |    143533 | NS      | $0.00          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Constellation Software Inc/Canada                  | Constellation Software Inc/Canada                  | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |    221039 | NS      | $408285557.68  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                                         | Copart Inc                                         | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |  25246586 | NS      | $1024506459.88 | 3.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryan Specialty Holdings Inc                        | Ryan Specialty Holdings Inc                        | CUSIP: 78351F107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3118796 | NS      | $150575470.88  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyatt Hotels Corp                                  | Hyatt Hotels Corp                                  | CUSIP: 448579102<br>LEI: T27JQIMTYSH41TCD5186 | Long             | EC               | CORP              | US        |   2605455 | NS      | $407414998.35  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Renewable Corp                          | Brookfield Renewable Corp                          | CUSIP: 11285B108<br>LEI: 894500N9AWD5I1YNP231 | Long             | EC               | CORP              | US        |   2523813 | NS      | $105091573.32  | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Procore Technologies Inc                           | Procore Technologies Inc                           | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |   2475796 | NS      | $139857716.04  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc                              | Waste Connections Inc                              | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |   1276526 | NS      | $213945757.60  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Waters Corp                                        | Waters Corp                                        | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |    585322 | NS      | $216990571.84  | 0.72%             |  |  |  | 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