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 Growth Index that exhibit growth characteristics, including higher quality, growth potential, and pricing power.
Higher quality means securities that PGI believes possess higher quality characteristics relative to their peers, measured by profitability, earnings quality, balance sheet strength, and solvency.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 6.71% |
| AAPL | Apple Inc. | Technology | Consumer Electronics | 5.68% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 3.50% |
| GOOG | Alphabet Inc Class C | Communication Services | Internet Content & Information | 3.16% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 2.66% |
| AMAT | Applied Materials Inc | Technology | Semiconductor Equipment & Materials | 2.57% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 2.31% |
| PANW | Palo Alto Networks Inc | Technology | Software - Infrastructure | 2.20% |
| AMD | Advanced Micro Devices Inc | Technology | Semiconductors | 2.05% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 1.99% |
| UNH | UnitedHealth Group Incorporated | Healthcare | Healthcare Plans | 1.91% |
| IBM | International Business Machines | Technology | Information Technology Services | 1.83% |
| MPWR | Monolithic Power Systems Inc | Technology | Semiconductors | 1.80% |
| NTAP | NetApp Inc | Technology | Software - Infrastructure | 1.76% |
| APH | Amphenol Corporation | Technology | Electronic Components | 1.71% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 1.70% |
| GCP | General Electric Company | Other | Other | 1.70% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 1.68% |
| MA | Mastercard Inc | Financial Services | Credit Services | 1.67% |
| AMGN | Amgen Inc | Healthcare | Drug Manufacturers - General | 1.64% |