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 |
|---|---|---|---|---|
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 7.51% |
| AAPL | Apple Inc | Technology | Consumer Electronics | 5.63% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 4.42% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 3.11% |
| NFLX | Netflix Inc | Communication Services | Entertainment | 2.50% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 2.40% |
| MA | Mastercard Inc | Financial Services | Credit Services | 2.07% |
| UNH | UnitedHealth Group Incorporated | Healthcare | Healthcare Plans | 1.91% |
| BSX | Boston Scientific Corp | Healthcare | Medical Devices | 1.90% |
| IBM | International Business Machines | Technology | Information Technology Services | 1.86% |
| GOOG | Alphabet Inc Class C | Communication Services | Internet Content & Information | 1.83% |
| FI | Fiserv, Inc. | Technology | Information Technology Services | 1.82% |
| ANET | Arista Networks | Technology | Computer Hardware | 1.76% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 1.70% |
| ADBE | Adobe Systems Incorporated | Technology | Software - Infrastructure | 1.68% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 1.68% |
| CRM | Salesforce.com Inc | Technology | Software - Application | 1.54% |
| ORLY | O’Reilly Automotive Inc | Consumer Cyclical | Specialty Retail | 1.51% |
| FFIV | F5 Networks Inc | Technology | Software - Infrastructure | 1.49% |
| RSG | Republic Services Inc | Industrials | Waste Management | 1.45% |