Investment objective & strategy
As of Feb. 27, 2026 · prospectusObjective. The Fund seeks to provide current income and long-term growth of income and capital.
Strategy. Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities. The Fund defines dividend-paying equity securities as securities that produced dividend income within the last rolling 12 months. The Fund usually invests in equity securities of companies with large and medium market capitalizations. The Fund invests in value equity securities, an investment strategy that emphasizes buying equity securities that appear to be undervalued. The Fund also invests in securities of foreign issuers. Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities. The Fund defines dividend-paying equity securities as securities that produced dividend income within the last rolling 12 months. The Fund usually invests in equity securities of companies with large and medium market capitalizations. The Fund invests in value equity securities, an investment strategy that emphasizes buying equity securities that appear to be undervalued. The Fund also invests in securities of foreign issuers.
Top holdings
As of Jan. 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| ALPHABET INC CL A | — | $329.28M | 4.08% |
| JPMORGAN CHASE and CO | — | $272.32M | 3.37% |
| COSTCO WHOLESALE CORP | — | $234.71M | 2.91% |
| MORGAN STANLEY | — | $220.27M | 2.73% |
| DR HORTON INC | — | $214.36M | 2.65% |
| PNC FINANCIAL SERVICES GRP INC | — | $211.23M | 2.62% |
| TAIWAN SEMIC MFG CO LTD SP ADR | — | $209.22M | 2.59% |
| CUMMINS INC | — | $207.28M | 2.57% |
| HILTON WORLDWIDE HOLDINGS INC | — | $206.46M | 2.56% |
| KKR & CO INC | — | $201.03M | 2.49% |
Portfolio moves
Oct 31, 2025 → Jan 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Equity Income Account | 95% | 0.48% |
| Principal Capital Appreciation Account | 31% | 0.63% |
| Schwab Dividend Equity Fund · SWDSX | 31% | 0.89% |
Advisers
| Firm | Role |
|---|---|
| Principal Global Investors, LLC | Adviser |
Footnotes
- Expense ratio as of February 27, 2026, from the fund's prospectus.
- Net assets and holdings count as of January 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.