SRCMX
California Municipal Fund
Principal Funds, Inc

Portfolio concentration

As of January 31, 2026 · N-PORT
Holdings
217
Top-10 weight
17.71%
Effective holdings ?
109
Crowding ?
24.8

Holdings

As of January 31, 2026 · N-PORT
#SecurityTickerSharesValue% of fund
1 P3 IRVINE SL HOLDINGS LLC OBLIGATED GROUP 6.5% 06-01-54 CASMED 17,120,000 $16.75M 2.49%
2 CALIFORNIA ST POLL CONTROL FIN REGD B/E AMT 5.00000000 12,500,000 $12.55M 1.87%
3 California (State of) Housing Finance Agency (Social Certificates), Series 2021-2A, Revenue Ctfs. CASHSG 11,912,453 $12.19M 1.81%
4 CALIFORNIA ST EDU FAC CASEDU 10,100,000 $11.34M 1.69%
5 San Diego County Regional Airport Authority, Series 2019A 10,815,000 $11.09M 1.65%
6 California (State of) Educational Facilities Authority (Stanford University), Series 2014 U-6, RB 9,550,000 $11.04M 1.64%
7 KAISER FOUNDATION HOSPITALS (MPT) 5.0% 06-01-41 CASMED 10,000,000 $10.99M 1.64%
8 Los Angeles County Public Works Financing Authority, Series J 10,000,000 $10.97M 1.63%
9 Sacramento (County of), CA, Series 2024, RB SACAPT 10,000,000 $10.64M 1.58%
10 California Municipal Finance Authority 10,000,000 $10.64M 1.58%
11 San Francisco City & County Airport Comm-San Francisco International Airport, Series 2025D 10,000,000 $10.60M 1.58%
12 GOLDEN ST TOBACCO SECURITIZATI REGD B/E 5.00000000 GLDGEN 10,630,000 $10.43M 1.55%
13 State of California, Series 2025, GO Bonds CAS 9,500,000 $10.41M 1.55%
14 Los Angeles Department of Water & Power Water System Revenue 8,700,000 $10.20M 1.52%
15 SAN JOAQUIN VLY CLEAN ENERGY AUTH CA CLEAN ENERGY REVENUE SSJUTL 9,050,000 $10.17M 1.51%
16 California (State of) Housing Finance Agency, Series 2021-1A, Revenue Ctfs. CASHSG 9,150,326 $9.14M 1.36%
17 CA PCFA WTR FUR 5% 7/1/2039 CASPOL 8,500,000 $8.78M 1.31%
18 UNITED AIRLINES INC 4.0% 07-15-29 CASFIN 8,465,000 $8.54M 1.27%
19 SACRAMENTO USD-C 8,000,000 $8.34M 1.24%
20 CALIFORNIA ST MUNI FIN AUTH REVENUE 8,000,000 $8.20M 1.22%
21 GUAM GOVT WTRWKS AUTH WTR & WSTWTR SYS REVENUE 7,890,000 $8.02M 1.19%
22 Compton Public Finance Authority 8,000,000 $8.00M 1.19%
23 California (State of) Housing Finance Agency, Series 2019 A, RB CASHSG 7,486,182 $7.82M 1.16%
24 LAX INTEGRATED EXPRESS SOLUTIONS LLC 5.0% 12-31-34 7,550,000 $7.79M 1.16%
25 CALIFORNIA STWD CMNTYS DEV AUTH REVENUE CASGEN 7,000,000 $7.03M 1.05%
26 CA MUNI FIN AUTH-A 6,465,000 $6.62M 0.98%
27 STATE OF CALIFORNIA 6,000,000 $6.60M 0.98%
28 KAISER FOUNDATION HOSPITALS 5.0% 11-01-47 5,900,000 $6.53M 0.97%
29 DESERTXPRESS ENTERPRISES LLC (MPT) 12.0% 01-01-65 CASDEV 8,655,000 $6.49M 0.97%
30 Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Authority, Series 2023 A-1 5,550,000 $6.29M 0.94%
31 PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000 PRCGEN 6,296,000 $6.16M 0.92%
32 State of California, Series 2025, GO Bonds 5,000,000 $6.06M 0.90%
33 San Jose (City of), CA, Series 2017 A, Ref. RB 6,000,000 $6.00M 0.89%
34 State of California, Series 2007 5,000,000 $5.78M 0.86%
35 Toll Road Sr Lien Refunding RB Series 2021A FOOTRN 6,000,000 $5.68M 0.85%
36 California (State of) Educational Facilities Authority (Stanford University), Series 2013 U-3, RB 4,645,000 $5.52M 0.82%
37 STHRN CA MET WTR DT-C 5,000,000 $5.43M 0.81%
38 California Community Choice Financing Authority, Series F CCEDEV 5,000,000 $5.41M 0.80%
39 CALIFORNIA COMMUNITY VAR CCEDEV 5,000,000 $5.36M 0.80%
40 California Community Choice Financing Authority, Series 2023 E-1 CCEDEV 5,000,000 $5.34M 0.80%
41 Alameda Corridor Transportation Authority, Series 2016B ALATRN 5,270,000 $5.34M 0.79%
42 LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE 5,000,000 $5.29M 0.79%
43 UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.25000000 UNVHGR 4,250,000 $5.28M 0.79%
44 Santa Monica-Malibu Unified School District, Series A 5,000,000 $5.26M 0.78%
45 GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT GLDGEN 5,000,000 $5.19M 0.77%
46 CALIFORNIA ST HLTH FACS FING AUTH REVENUE 4,905,000 $5.18M 0.77%
47 California Municipal Finance Authority 5,000,000 $5.13M 0.76%
48 STHRN CA 4,725,000 $5.07M 0.75%
49 CALIFORNIA HSG FIN AGY AFFORDABLE HSG REVENUE 4,755,000 $4.91M 0.73%
50 Tender Option Bond Trust Receipts/Certificates 4,480,000 $4.74M 0.71%
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