# EDGAR Filing Document

**Accession Number:** 0000898745
**File Stem:** 0001752724-25-150694
**Filing Date:** 2025-6
**Character Count:** 10247
**Document Hash:** e811b8ab4a5cdf3570d3e7b3c8487f4b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-150694.hdr.sgml**: 20250623

**ACCESSION NUMBER**: 0001752724-25-150694

**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:** 251063740

**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

### Principal LifeTime 2020 Fund (Series ID: S000007207)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019742 | R-3                 | PTBMX           |
| C000019743 | R-5                 | PTBPX           |
| C000019745 | Institutional Class | PLWIX           |
| C000019746 | Class J             | PLFJX           |
| C000019747 | Class A             | PTBAX           |

## 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:** Principal LifeTime 2020 Fund

- **b. EDGAR series identifier (if any):** S000007207

- **c. LEI of Series:** 549300N5YM1UZN95SQ38

**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:** $2079763798.19

**Total Liabilities:** $213754.56

**Net Assets:** $2079550043.63

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000019746 | 0.74%                | -1.80%               | 0.08%                |
| Class ID C000019745 | 0.65%                | -1.79%               | 0.17%                |
| Class ID C000019742 | 0.66%                | -1.81%               | 0.08%                |
| Class ID C000019747 | 0.73%                | -1.84%               | 0.08%                |
| Class ID C000019743 | 0.66%                | -1.80%               | 0.08%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4454467.43              | $7758736.33                                |
| Month 2  | $1100370.21              | $-44789011.53                              |
| Month 3  | $10041784.79             | $-11381375.10                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Global Emerging Markets Fund      | Global Emerging Markets Fund      | CUSIP: 74256W618<br>LEI: 5493005LRWTRDOOFXF24 | Long             | EC               | RF                | US        |    820096 | NS      | $22019574.54  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Income Fund                | Equity Income Fund                | CUSIP: 74254U499<br>LEI: 549300LK1BTIDFAOW136 | Long             | EC               | RF                | US        |   2538964 | NS      | $96353686.68  | 4.63%             |  |  |  | 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        |   3949567 | NS      | $106243360.48 | 5.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Diversified Real Asset Fund       | Diversified Real Asset Fund       | CUSIP: 742537467<br>LEI: 549300FY1HF8KNDK4G58 | Long             | EC               | RF                | US        |    697687 | NS      | $7988513.09   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| LargeCap Value Fund III           | LargeCap Value Fund III           | CUSIP: 74253J677<br>LEI: 549300P5E4OK1XZWQO33 | Long             | EC               | RF                | US        |   5218654 | NS      | $95762307.16  | 4.60%             |  |  |  | No            |                  1 | On Loan: No      |
| SmallCap S&P 600 Index Fund       | SmallCap S&P 600 Index Fund       | CUSIP: 74256W543<br>LEI: 549300B1ZF0B4X7VPP69 | Long             | EC               | RF                | US        |    401876 | NS      | $9006043.45   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| LargeCap Growth Fund I            | LargeCap Growth Fund I            | CUSIP: 742537590<br>LEI: 5493005TWCHTR0PO8C36 | Long             | EC               | RF                | US        |   6373856 | NS      | $98985990.56  | 4.76%             |  |  |  | No            |                  1 | On Loan: No      |
| SmallCap Fund                     | SmallCap Fund                     | CUSIP: 74256W550<br>LEI: 5493008AXRXQLEL0TR95 | Long             | EC               | RF                | US        |   1216395 | NS      | $31334344.94  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| High Yield Fund                   | High Yield Fund                   | CUSIP: 74256W626<br>LEI: 2U04QLKKFWRJC7CSOX80 | Long             | EC               | RF                | US        |  18035222 | NS      | $119032462.49 | 5.72%             |  |  |  | No            |                  1 | On Loan: No      |
| International Equity Fund         | International Equity Fund         | CUSIP: 74256W592<br>LEI: 549300O1DA1JNC6UVF17 | Long             | EC               | RF                | US        |  15527119 | NS      | $213653154.41 | 10.27%            |  |  |  | No            |                  1 | On Loan: No      |
| Core Fixed Income Fund            | Core Fixed Income Fund            | CUSIP: 742537616<br>LEI: 2K6IF9KYA1Q08XNZVZ48 | Long             | EC               | RF                | US        |  80167381 | NS      | $688637806.97 | 33.11%            |  |  |  | No            |                  1 | On Loan: No      |
| MidCap Fund                       | MidCap Fund                       | CUSIP: 74256W584<br>LEI: 549300D8KHZ8MDOZYC94 | Long             | EC               | RF                | US        |    509834 | NS      | $22544862.93  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Chip Fund                    | Blue Chip Fund                    | CUSIP: 74256W535<br>LEI: 549300DIGKZKBG8KG876 | Long             | EC               | RF                | US        |   2184766 | NS      | $98380003.48  | 4.73%             |  |  |  | No            |                  1 | On Loan: No      |
| International Small Company Fund  | International Small Company Fund  | CUSIP: 74256W493<br>LEI: 5493005DM6DKJRUY3N14 | Long             | EC               | RF                | US        |    951282 | NS      | $10454588.59  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Real Estate Securities Fund       | Real Estate Securities Fund       | CUSIP: 74256W568<br>LEI: 5493007VCVKAGWPVUY18 | Long             | EC               | RF                | US        |   1289410 | NS      | $36980280.43  | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Short-Term Income Fund            | Short-Term Income Fund            | CUSIP: 74254U440<br>LEI: IJOCWVJG326LDFE5SJ51 | Long             | EC               | RF                | US        |  23643672 | NS      | $285851989.54 | 13.75%            |  |  |  | No            |                  1 | On Loan: No      |
| Small-MidCap Dividend Income Fund | Small-MidCap Dividend Income Fund | CUSIP: 74256W469<br>LEI: 54930000PG64KHHYCN32 | Long             | EC               | RF                | US        |   1299424 | NS      | $22480028.28  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Inflation Protection Fund         | Inflation Protection Fund         | CUSIP: 74254T815<br>LEI: 5493006ECFME6VCZ0U45 | Long             | EC               | RF                | US        |  14086039 | NS      | $110293686.56 | 5.30%             |  |  |  | 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