International Equity Fund
Principal Funds, Inc
Expense ratio
Net assets1
$7.06B
Holdings1
49
Category
International Equity
Return

Investment objective & strategy

As of Feb. 27, 2026 · prospectus

Objective. 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 equity securities. The Fund defines equity securities to include common stock, preferred stock, and exchange-traded funds (ETFs) and mutual funds that invest primarily in equity securities. The Fund invests primarily in foreign equity securities, including emerging market securities, such as China. The Fund typically invests in foreign securities of at least ten countries. The Fund invests in equity securities of small, medium, and large market capitalization companies. 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 growth equity securities, an investment strategy that emphasizes … Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities. The Fund defines equity securities to include common stock, preferred stock, and exchange-traded funds (ETFs) and mutual funds that invest primarily in equity securities. The Fund invests primarily in foreign equity securities, including emerging market securities, such as China. The Fund typically invests in foreign securities of at least ten countries. The Fund invests in equity securities of small, medium, and large market capitalization companies. 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 growth equity securities, an investment strategy that emphasizes buying equity securities of companies whose potential for growth of capital and earnings is expected to be above average.

Top holdings

As of Jan. 31, 2026 · N-PORT
SecurityTickerValue% of fund
SAMSUNG ELECTRONICS CO LTD $351.14M 4.98%
ASML Holding NV $310.29M 4.40%
DEUTSCHE TELEKOM $259.07M 3.67%
AIA Group Ltd $252.09M 3.57%
Teck Resources Ltd $250.52M 3.55%
AIB GROUP PLC $248.27M 3.52%
TENCENT HOLDINGS LTD $239.86M 3.40%
Suncor Energy Inc $239.37M 3.39%
Yum China Holdings Inc $238.26M 3.38%
ERSTE GROUP BANK $236.58M 3.35%
View all holdings →

Allocation by sector

As of January 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Oct 31, 2025 → Jan 31, 2026
Opened
6
Exited
6
Increased
15
Decreased
22
Unchanged
13

How 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.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
Principal International Equity ETF · PIEQ 63% 0.48%
Diversified International Fund · PINRX, PINPX, PIIIX, PIIJX, PRWLX, PDIFX 62% 0.76%
Diversified International Account 59% 0.85%
View all similar funds →

Advisers

As of October 31, 2025 · N-CEN
FirmRole
Principal Global Investors, LLC Adviser

Footnotes

  1. Net assets and holdings count as of January 31, 2026, from the fund's N-PORT filing.

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