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 | 6.81% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 5.37% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 4.98% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 2.62% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 2.31% |
| NFLX | Netflix Inc | Communication Services | Entertainment | 2.26% |
| UNH | UnitedHealth Group Incorporated | Healthcare | Healthcare Plans | 1.91% |
| 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 | 1.78% |
| GE | GE Aerospace | Industrials | Aerospace & Defense | 1.74% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 1.70% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 1.68% |
| AMD | Advanced Micro Devices Inc | Technology | Semiconductors | 1.65% |
| APH | Amphenol Corporation | Technology | Electronic Components | 1.55% |
| ORLY | O’Reilly Automotive Inc | Consumer Cyclical | Auto Parts | 1.55% |
| INTU | Intuit Inc | Technology | Software - Application | 1.54% |
| GOOG | Alphabet Inc Class C | Communication Services | Internet Content & Information | 1.53% |
| KLAC | KLA-Tencor Corporation | Technology | Semiconductor Equipment & Materials | 1.45% |
| HWM | Howmet Aerospace Inc | Industrials | Aerospace & Defense | 1.43% |