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

Janus Henderson Global Sustainable Equity Division

Portfolio Composition

  as of 12/31/2023
   What's this?

Asset Type Net Short Long U.S. Stocks 61.77% 0.0%   61.77%   Non-U.S. Stocks 34.4% 0.0%   34.4%   Cash 3.83% 0.0%   3.83%   Total 100%

Top 10 Holdings   as of 12/31/2023    What's this? % of Net Assets Microsoft Corp 7.29 NVIDIA Corp 4.15 Westinghouse Air Brake Technologies Corp 3.83 Schneider Electric SE 3.12 Xylem Inc 3.10 Icon PLC 2.73 Progressive Corp 2.70 Humana Inc 2.49 Intact Financial Corp 2.46 Mastercard Inc Class A 2.41 Total*: 34.30 *Values may exceed 100% if both long and short positions are included in the portfolio	Morningstar Style Box™   as of 12/31/2023    What's this?
Stock Sector Breakdown   as of 12/31/2023    What's this? % of Net Assets Cyclical 29.58 Consumer Cyclical 8.09 Financial Svcs 18.40 Real Estate 3.09 Defensive 12.60 Consumer Defensive 0.35 Healthcare 7.69 Utilities 4.56 Sensitive 57.82 Comm Svcs 3.99 Industrials 20.00 Technology 33.83	Top 5 Countries   as of 12/31/2023 % of Net Assets United States 64.24 Japan 7.35 France 5.66 United Kingdom 5.46 Canada 5.04
Regional Exposure   as of 12/31/2023 % of Net Assets United States 64.23 Europe 19.95 Japan 7.36 Other 5.04 Pacific Rim 3.41	Analysis   as of 12/31/2023 Average Market Cap (mil): $63,662.65 Price/Earnings Ratio: 21.48 Price/Book Ratio: 3.44 Price/Cash Flow Ratio: 14.22 Turnover Ratio: 17.00% # Stock Holdings: 51 # Bond Holdings: 0 # Other Holdings: 1 Total # of Holdings: 52

© 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. The initial offering of Executive Variable Universal Life (Executive VUL) was May 28, 2002. The initial offering of Benefit Variable Universal Life (Benefit VUL) was September, 2002. The initial offering of PrinFlex® Life was February 7, 1997. The initial offering of Principal Variable Universal Life (VUL) Income was August 23, 2004. The initial offering of Principal Variable Universal Life (VUL) Income Plus, the VUL Income with the Surrender Charge Adjustment Rider, was February 18, 2006. The initial offering of Principal Variable Universal Life (VUL) Accumulator II was February 11, 2003. The initial offering of Variable Universal Life Accumulator was November 19, 2001. The initial offering of Flex Variable Life Insurance was November 1, 1988. The initial offering of Survivorship Variable Universal Life was July 1, 1999. The initial offering of The Principal Variable Annuity was June 16, 1994. The initial offering of Principal Freedom Variable Annuity was April 30, 1999. The initial offering of The Principal Investment Plus Variable Annuity was January 4, 2005. The initial offering of Principal Freedom Variable Annuity 2 was September 18, 2006. The initial offering of Principal Variable Universal Life (VUL) Income II was 07/03/2008. The initial offering of Executive Variable Universal Life II (Executive VUL II) was October 3, 2008. The initial offering of Benefit Variable Universal Life II (Benefit VUL II) was October 3, 2008. Some of the underlying funds into which the divisions invest were offered prior to these dates. Inception dates are noted. This material is authorized for distribution to prospective investors only when preceded or accompanied by a current prospectus for the Variable Universal Life product or Variable Annuity product and the underlying investment options. Insurance products from the Principal Financial Group® are issued by Principal National Life Insurance Company (except in New York) and Principal Life Insurance Company. Securities offered through Principal Securities, Inc., 800-247-9988, member SIPC. Principal National, Principal Life, and Principal Securities are members of the Principal Financial Group®, Des Moines, IA 50392. 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.

The Bloomberg US TIPS 0-5 Year Index measures the performance of large and mid cap securities exhibiting overall growth style characteristic across Developed Markets (DM) and Emerging Markets (EM) countries equity securities. The growth investment style characteristics for index construction are defined using five variables: long-term forward EPS growth rate, short-term forward EPS growth rate, current internal growth rate and long-term historical EPS growth trend and long-term historical sales per share growth trend. It is a free float-adjusted market capitalization weighted index.