BATS | ETF
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies with large market capitalizations that, in the opinion of Principal Global Investors, LLC ("PGI"), the fund"s investment advisor, display characteristics of a "blue chip" company.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 15.61% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 13.53% |
| K7X | BROOKFIELD CORP. CL.A | Financial Services | Asset Management | 9.14% |
| MA | Mastercard Inc | Financial Services | Credit Services | 5.01% |
| TDG | Transdigm Group Incorporated | Industrials | Aerospace & Defense | 5.00% |
| NFLX | Netflix Inc | Communication Services | Entertainment | 4.96% |
| CDNS | Cadence Design Systems Inc | Technology | Software - Application | 4.75% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 4.57% |
| META | Meta Platforms Inc. | Communication Services | Internet Content & Information | 3.94% |
| SCHW | Charles Schwab Corp | Financial Services | Capital Markets | 3.49% |
| GOOG | Alphabet Inc Class C | Communication Services | Internet Content & Information | 3.30% |
| HLT | Hilton Worldwide Holdings Inc | Consumer Cyclical | Lodging | 3.20% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 3.10% |
| DHR | Danaher Corporation | Healthcare | Diagnostics & Research | 2.92% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 2.74% |
| ORLY | O’Reilly Automotive Inc | Consumer Cyclical | Auto Parts | 2.71% |
| CSGP | CoStar Group Inc | Real Estate | Real Estate Services | 2.54% |
| ABNB | Airbnb Inc | Consumer Cyclical | Travel Services | 2.31% |
| ROP | Roper Technologies, Inc. | Technology | Software - Application | 2.20% |
| ZTS | Zoetis Inc | Healthcare | Drug Manufacturers - Specialty & Generic | 2.00% |