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Investment Type: pifretail

Real Estate Securities Fund (C) (PRCEX)

Portfolio Composition

  as of 02/29/2024
   What's this?

Asset Type Net Short Long U.S. Stocks 98.27% 0.0%   98.27%   Cash 1.66% 0.0%   1.67%   U.S. Bonds 0.06% 0.0%   0.06%   Total 99.99%

Top 10 Holdings   as of 02/29/2024    What's this? % of Net Assets Prologis Inc 7.37 Welltower Inc 6.56 Equinix Inc 6.19 Extra Space Storage Inc 5.09 Ventas Inc 4.76 Digital Realty Trust Inc 4.68 AvalonBay Communities Inc 4.62 American Tower Corp 4.38 VICI Properties Inc Ordinary Shares 4.23 Invitation Homes Inc 3.75 Total*: 51.64 *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?

Stock Sector Breakdown   as of 02/29/2024    What's this? % of Net Assets Cyclical 100.00 Consumer Cyclical 0.71 Real Estate 99.29 Defensive --- Sensitive ---

Analysis   as of 02/29/2024 Average Market Cap (mil): $21,676.67 Price/Earnings Ratio: 34.60 Price/Book Ratio: 1.80 Price/Cash Flow Ratio: 15.47 Turnover Ratio: 16.10% # Stock Holdings: 40 # Bond Holdings: 0 # Other Holdings: 2 Total # of Holdings: 42

© 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. The full name of this investment option is Principal Real Estate Securities Fund (C). Investors should carefully consider a 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 principalfunds.com, or calling 800-222-5852. Read the prospectus carefully before investing. Principal Funds are distributed by Principal Funds Distributor, Inc. Not FDIC Insured May Lose Value - Not a Deposit - No Bank Guarantee Not Insured by any Federal Government Agency

U.S. REIT Linked Index composition: For March 01, 2024, and after, the index is 100% the FTSE NAREIT All Equity REIT Index, and for the period prior to March 01, 2024, it is 100% the MSCI US REIT Index. The FTSE NAREIT All Equity REIT Index measures the performance of all tax-qualified REITs with more than 50 percent of total assets in qualifying real estate assets other than mortgages secured by real property that also meet minimum size and liquidity criteria. A REIT is a company that owns, and in most cases, operates income-producing real estate. This investment option is considered non-diversified, which means it, or the underlying mutual fund, can invest a higher percentage of its assets in of fewer individual issuers than a diversified investment. As a result, changes in the value of a single investment could cause greater fluctuations, gain or loss, in the net asset value than would occur if it was more diversified. 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. Real Estate investment options are subject to investment and liquidity risk and other risks inherent in real estate such as those associated with general and local economic conditions. Property values can decline due to environmental and other reasons. In addition, fluctuation in interest rates can negatively impact the performance of real estate investment options.