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Investment Type: pif

California Municipal Inst Fund (PCMFX)

Portfolio Composition

  as of 02/29/2024
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Asset Type Net Short Long U.S. Bonds 95.95% 0.0%   95.95%   Non-U.S. Bonds 4.46% 0.0%   4.46%   Other 0.01% 0.0%   0.01%   Cash -0.42% 0.42%   0.0%   Total 100%

Top 10 Holdings   as of 02/29/2024    What's this? % of Net Assets NUVEEN CALIF AMT FREE MUNICIPAL INCOME FD 2.30 CALIFORNIA MUN FIN AUTH SPL FAC REV 1.90 CALIFORNIA EDL FACS AUTH REV 1.88 CALIFORNIA POLLUTN CTL FING AUTH SOLID WASTE DISP REV 1.87 CALIFORNIA HEALTH FACS FING AUTH REV 1.85 SAN DIEGO CNTY CALIF REGL ARPT AUTH ARPT REV 1.84 CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV 1.82 CALIFORNIA MUN FIN AUTH STUDENT HSG REV 1.78 CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 1.51 LOS ANGELES CALIF UNI SCH DIST 1.48 Total*: 18.24 *Values may exceed 100% if both long and short positions are included in the portfolio View Full Portfolio Holdings	Morningstar Style Box™   as of 02/29/2024    What's this? Data Not Available
Credit Analysis   as of 02/29/2024    What's this? % Bonds AAA 7.43 AA 32.49 A 22.23 BBB 19.67 BB 8.03 Not Rated 10.14	Statistics   as of 02/29/2024 Average Eff Duration (yrs): 4.52 Average Eff Maturity (yrs): 11.56 Avg Weighted Coupon: Avg Weighted Price: $103.58 30-Day SEC Yield - Subsidized (Net) as of 03/31/2024: 3.32% 30-Day SEC Yield - Non-Subsidized (Gross) as of 03/31/2024: 3.30%
Analysis   as of 02/29/2024 Turnover Ratio: 31.50% # Stock Holdings: 0 # Bond Holdings: 215 # Other Holdings: 2 Total # of Holdings: 217

© 2024 Morningstar, Inc. All Rights Reserved. Part of the mutual fund data contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Investment options are subject to investment risk. Shares or unit values will fluctuate and investments, when redeemed, may be worth more or less than their original cost. Portfolio holdings are subject to change and companies referenced in this report may not currently be held. Information is current as of the creation of this piece. Keep in mind that portfolio holdings are subject to risk. Click here for a complete list of the most recent publicly available holdings. Insurance products and plan administrative services, if applicable, are provided by Principal Life Insurance Company. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Securities are offered through Principal Securities, Inc., 800-547-7754, member SIPC and/or independent broker/dealers. Securities sold by a Principal Securities Registered Representative are offered through Principal Securities. Principal Funds Distributor, Principal Securities and Principal Life are members of the Principal Financial Group®, Des Moines, IA 50392. Certain investment options may not be available in all states or U.S. commonwealths. The full name of this investment option is Principal Funds, Inc. - Principal California Municipal Inst Fund. Investors should carefully consider a mutual fund's investment objectives, risks, charges, and expenses prior to investing. A prospectus, or summary prospectus if available, containing this and other information can be obtained by contacting a financial professional, visiting principal.com, or calling 1-800-547-7754. Read the prospectus carefully before investing. Not FDIC Insured May Lose Value - Not a Deposit - No Bank Guarantee Not Insured by any Federal Government Agency

The Bloomberg California Municipal Index measures the performance of USD-denominated long-term tax exempt bond market, including California bonds only. These calculated returns reflect the historical performance of the oldest share class of the fund, adjusted to reflect a portion of the fees and expenses of this share class. For time periods prior to inception date of the fund, predecessor performance is reflected. Please see the fund's prospectus for more information on specific expenses, and the fund's most recent shareholder report for actual date of first sale. Expenses are deducted from income earned by the fund. As a result, dividends and investment results will differ for each share class. Fixed-income investment options are subject to interest rate risk, and their value will decline as interest rates rise. A portion of the Fund's income may be subject to state and/or local taxes, and it may be subject to federal alternative minimum tax (AMT) for certain investors.