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 |
|---|---|---|---|---|
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 6.60% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 5.51% |
| AAPL | Apple Inc | Technology | Consumer Electronics | 5.25% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 3.89% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 2.66% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 2.35% |
| GOOG | Alphabet Inc Class C | Communication Services | Internet Content & Information | 2.09% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 2.06% |
| AMD | Advanced Micro Devices Inc | Technology | Semiconductors | 2.05% |
| UNH | UnitedHealth Group Incorporated | Healthcare | Healthcare Plans | 1.91% |
| IBM | International Business Machines | Technology | Information Technology Services | 1.83% |
| NFLX | Netflix Inc | Communication Services | Entertainment | 1.83% |
| MA | Mastercard Inc | Financial Services | Credit Services | 1.80% |
| APH | Amphenol Corporation | Technology | Electronic Components | 1.71% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 1.70% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 1.68% |
| GE | GE Aerospace | Industrials | Aerospace & Defense | 1.65% |
| CAT | Caterpillar Inc | Industrials | Farm & Heavy Construction Machinery | 1.57% |
| ORLY | O’Reilly Automotive Inc | Consumer Cyclical | Auto Parts | 1.55% |
| AMAT | Applied Materials Inc | Technology | Semiconductor Equipment & Materials | 1.54% |