NASDAQ | ETF
Under normal circumstances, the fund primarily invests in equity securities.
For security selection and portfolio construction, Principal Global Investors, LLC ("PGI") uses a proprietary quantitative model designed to identify equity securities in the S&P 500 Index or S&P 400 Index that exhibit higher quality, growth potential, and pricing power.
The fund invests in equity securities of different market capitalizations (medium or large) and styles (growth or value).
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| AAPL | Apple Inc | Technology | Consumer Electronics | 6.65% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 6.01% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 5.72% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 2.68% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 2.27% |
| AMD | Advanced Micro Devices Inc | Technology | Semiconductors | 2.19% |
| NFLX | Netflix Inc | Communication Services | Entertainment | 2.04% |
| UNH | UnitedHealth Group Incorporated | Healthcare | Healthcare Plans | 1.91% |
| GE | GE Aerospace | Industrials | Aerospace & Defense | 1.88% |
| BSX | Boston Scientific Corp | Healthcare | Medical Devices | 1.86% |
| IBM | International Business Machines | Technology | Information Technology Services | 1.83% |
| MA | Mastercard Inc | Financial Services | Credit Services | 1.81% |
| GOOG | Alphabet Inc Class C | Communication Services | Internet Content & Information | 1.75% |
| APH | Amphenol Corporation | Technology | Electronic Components | 1.72% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 1.70% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 1.68% |
| CAT | Caterpillar Inc | Industrials | Farm & Heavy Construction Machinery | 1.58% |
| ORLY | O’Reilly Automotive Inc | Consumer Cyclical | Auto Parts | 1.55% |
| INTU | Intuit Inc | Technology | Software - Application | 1.53% |
| ETN | Eaton Corporation PLC | Industrials | Specialty Industrial Machinery | 1.52% |