Request URL: https://www.principal.com/InvestmentProfiles/holdings.faces
Investment Type: pif

Diversified Income R6 Fund (PGBLX)

Portfolio Composition

  as of 02/29/2024
   What's this?

Asset Type Net Short Long U.S. Bonds 66.89% 1.17%   68.06%   Non-U.S. Bonds 23.01% 0.0%   23.01%   Preferred 4.26% 0.0%   4.26%   U.S. Stocks 2.07% 0.0%   2.07%   Cash 1.9% 4.85%   6.74%   Other 1.48% 0.0%   1.48%   Convertibles 0.22% 0.0%   0.22%   Non-U.S. Stocks 0.18% 0.0%   0.18%   Total 100.01%

Top 10 Holdings   as of 02/29/2024    What's this? % of Net Assets Principal Government Money Market R-6 2.15 Specialty Stl Holdco Inc 15.41924% 1.51 Future on 2 Year Treasury Note 1.23 Variant Alternative Income Institutional 1.10 Cliffwater Enhanced Lending I 1.08 Real Alloy Cmn 1.05 MATERIAL SCIENCE NOTE 0.79 SNY 10 1/4 SR 0.74 ENGINEERED MACHINERY 0.72 Future on 5 Year Treasury Note 0.66 Total*: 11.03 *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 15.22 AA 1.71 A 10.22 BBB 21.25 BB 10.84 B 17.09 Below B 10.21 Not Rated 13.47	Statistics   as of 02/29/2024 Average Eff Duration (yrs): 4.23 Average Eff Maturity (yrs): 11.28 Avg Weighted Coupon: 5.69 Avg Weighted Price: $92.98 30-Day SEC Yield - Subsidized (Net) as of 03/31/2024: 6.18% 30-Day SEC Yield - Non-Subsidized (Gross) as of 03/31/2024: 6.16%
Analysis   as of 02/29/2024 Turnover Ratio: 75.10% # Stock Holdings: 12 # Bond Holdings: 3,128 # Other Holdings: 104 Total # of Holdings: 3,244

© 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 Diversified Income R6 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

Fees and expenses are only one of several factors that participants and beneficiaries should consider when making investment decisions.  The cumulative effect of fees and expenses can substantially reduce the growth of a participant's or beneficiary's retirement account.  Participants and beneficiaries can visit the Employee Benefit Security Administration's website for an example demonstrating the long-term effect of fees and expenses.

DI Blended Index (Linked) composition: March 1, 2022 and after, 100% Bloomberg U.S. Aggregate Bond Index (covers the U.S. investment-grade fixed rate bond market and represents securities that are domestic, taxable, and dollar denominated), for the period prior to March 1, 2022, 80% Bloomberg Global Aggregate Index (a broad-based measure of global investment-grade fixed income) and 20% MSCI World Value Index NTR (includes large- and mid-cap securities across developed markets that exhibit overall value style), and for the period prior to January 1, 2019, 40% Bloomberg Global Credit Index (represents global investment-grade, fixed-rate, taxable corporate and government-related bonds), 30% Bloomberg Global High Yield Index (represents the global high yield bond market), and 30% MSCI ACWI Value Index NTR (a market cap weighted index that is a broad measure of global equity-markets). Net Total Return (NTR) includes dividends after the deduction of withholding taxes. Fixed-income investment options are subject to interest rate risk, and their value will decline as interest rates rise. Lower-rated securities are subject to additional credit and default risks. Risks associated with preferred securities differ from risks inherent with other investments. In particular, in the event of bankruptcy, a company's preferred securities are senior to common stock but subordinated to all other types of corporate debt. International investing involves increased risks due to currency fluctuations, political or social instability, and differences in accounting standards, these risks are magnified in emerging markets. REIT securities are subject to risk factors associated with the real estate industry and tax factors of REIT registration. 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. The risks associated with derivative investments include that the underlying security, interest rate, market index, or other financial asset will not move in the direction the Investment Adviser and/or Sub-Advisor anticipated, the possibility that there may be no liquid secondary market, the risk that adverse price movements in an instrument can result in a loss substantially greater than a fund's initial investment, the possibility that the counterparty may fail to perform its obligations; and the inability to close out certain hedged positions to avoid adverse tax consequences.