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 | 7.61% |
| AAPL | Apple Inc | Technology | Consumer Electronics | 5.35% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 5.24% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 2.83% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 2.35% |
| NFLX | Netflix Inc | Communication Services | Entertainment | 2.12% |
| MA | Mastercard Inc | Financial Services | Credit Services | 2.07% |
| UNH | UnitedHealth Group Incorporated | Healthcare | Healthcare Plans | 1.91% |
| GOOG | Alphabet Inc Class C | Communication Services | Internet Content & Information | 1.90% |
| CRM | Salesforce.com Inc | Technology | Software - Application | 1.71% |
| 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% |
| FI | Fiserv, Inc. | Technology | Information Technology Services | 1.62% |
| BSX | Boston Scientific Corp | Healthcare | Medical Devices | 1.58% |
| TT | Trane Technologies plc | Industrials | Building Products & Equipment | 1.53% |
| ANET | Arista Networks | Technology | Computer Hardware | 1.48% |
| PYPL | PayPal Holdings Inc | Financial Services | Credit Services | 1.47% |
| ETN | Eaton Corporation PLC | Industrials | Specialty Industrial Machinery | 1.45% |
| IBM | International Business Machines | Technology | Information Technology Services | 1.44% |