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Investment Type: pifretail

Global Real Estate Securities Fund (A) (POSAX)






Class A | Class C | Class I

Portfolio Composition

  as of 07/31/2021
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Asset Distribution
Asset TypeNetShortLong
U.S. Stocks 55.84% 0.0%   55.84%  
Non-U.S. Stocks 43.11% 0.0%   43.11%  
Cash 1.05% 0.34%   1.39%  
Total100%


Top 10 Holdings

  as of 07/31/2021
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% of Net Assets
Prologis Inc 3.76
Invitation Homes Inc 3.44
AvalonBay Communities Inc 3.12
Segro PLC 3.05
Vonovia SE 2.85
Essex Property Trust Inc 2.75
Welltower Inc 2.54
Sun Communities Inc 2.50
Extra Space Storage Inc 2.35
American Homes 4 Rent Class A 2.31
Total*: 28.66
*Values may exceed 100% if both long and short positions are included in the portfolio

View Full Portfolio Holdings

Morningstar Style Box™

  as of 07/31/2021
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Investment Style
Stylebox Market Capitalization

Stock Sector Breakdown

  as of 07/31/2021
   What's this?

% of Net Assets
Cyclical 98.77
Consumer Cyclical 2.22
Real Estate 96.55
Defensive ---
Sensitive 1.23
Comm Svcs 0.32
Technology 0.91

Top 5 Countries

  as of 07/31/2021
% of Net Assets
United States 56.43
Japan 9.33
United Kingdom 6.52
Australia 4.81
Hong Kong 4.51

Regional Exposure

  as of 07/31/2021
% of Net Assets
United States 56.43
Europe 16.87
Pacific Rim 12.84
Japan 9.33
Other 4.28
Latin America 0.24

Analysis

  as of 07/31/2021
Average Market Cap (mil): $13,785.51
Price/Earnings Ratio: 26.61
Price/Book Ratio: 1.54
Price/Cash Flow Ratio: 20.62
Turnover Ratio: 41.70%
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Morningstar
2021 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 Global Real Estate Securities Fund (A).

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

FTSE EPRA/NAREIT Developed Index NR is designed to represent general trends in eligible real estate equities worldwide.

International and global investment options are subject to additional risk due to fluctuating exchange rates, foreign accounting and financial policies, and other economic and political environments.

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.

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.