Investment objective & strategy
As of Dec. 23, 2025 · prospectusObjective. The Fund seeks long-term growth of capital.
Strategy. Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities that compose the MSCI EAFE Index (the Index). The Index is a market-weighted equity index designed to measure the equity performance of developed markets (Europe, Australia, New Zealand, and Far East, which includes Hong Kong, Japan, and Singapore), excluding the United States and Canada. The Index includes securities of different market capitalizations (medium and large) and is rebalanced quarterly. The Fund employs a passive investment approach designed to attempt to track the performance of the Index. In seeking its objective, the Fund typically employs a replication strategy, which involves investing in the securities that make up the Index, in … Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities that compose the MSCI EAFE Index (the Index). The Index is a market-weighted equity index designed to measure the equity performance of developed markets (Europe, Australia, New Zealand, and Far East, which includes Hong Kong, Japan, and Singapore), excluding the United States and Canada. The Index includes securities of different market capitalizations (medium and large) and is rebalanced quarterly. The Fund employs a passive investment approach designed to attempt to track the performance of the Index. In seeking its objective, the Fund typically employs a replication strategy, which involves investing in the securities that make up the Index, in the same approximate proportions as the Index. The Fund will not concentrate (invest more than 25% of its assets) its investments in a particular industry except to the extent the Index is so concentrated. As of November 30, 2025, the Index was not concentrated in any industry.
Top holdings
As of Feb. 28, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| ASML Holding NV | — | $39.43M | 2.47% |
| ROCHE HOLDINGS AG (GENUSSCHEINE) | — | $23.36M | 1.46% |
| ASTRAZENECA PLC | — | $22.79M | 1.43% |
| ISHARES MSCI EAFE ETF MUTUAL FUND | EFA | $22.59M | 1.42% |
| HSBC HOLDINGS PL | — | $22.48M | 1.41% |
| Novartis AG (Registered) | NVSEF | $22.33M | 1.40% |
| NESTLE SA (REG) | — | $19.66M | 1.23% |
| SHELL PLC | — | $16.95M | 1.06% |
| TOYOTA MOTOR CORP | — | $16.04M | 1.00% |
| SIEMENS AG-REG | — | $15.35M | 0.96% |
Portfolio moves
Nov 30, 2025 → Feb 28, 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. |
|---|---|---|
| International Equities Index Fund · VCIEX | 97% | 0.39% |
| Fidelity International Index Fund · FSPSX | 96% | 0.03% |
| Xtrackers MSCI EAFE Hedged Equity ETF · DBEF | 95% | 0.35% |
Advisers
| Firm | Role |
|---|---|
| Principal Global Investors, LLC | Adviser |
Footnotes
- Expense ratio as of December 23, 2025, from the fund's prospectus.
- Net assets and holdings count as of February 28, 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).
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