NASDAQ | ETF
Under normal circumstances, the fund primarily invests in equity securities, focusing on value stocks.
For security selection and portfolio construction, Principal Global Investors, LLC (PGI) uses a proprietary quantitative model designed to identify equity securities of mid- to large-capitalization companies in the S&P 500 Index that exhibit higher degrees of shareholder yield (meaning how much money a company distributes to shareholders through dividends and share repurchases).
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 4.02% |
| AAPL | Apple Inc | Technology | Consumer Electronics | 3.78% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 3.65% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 2.37% |
| HD | Home Depot Inc | Consumer Cyclical | Home Improvement Retail | 1.62% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 1.54% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 1.53% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 1.40% |
| PG | Procter & Gamble Company | Consumer Defensive | Household & Personal Products | 1.32% |
| LIN | Linde plc Ordinary Shares | Basic Materials | Specialty Chemicals | 1.24% |
| CAT | Caterpillar Inc | Industrials | Farm & Heavy Construction Machinery | 1.23% |
| EQT | EQT Corporation | Energy | Oil & Gas E&P | 1.21% |
| LIN | Linde PLC | Basic Materials | Chemicals | 1.20% |
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 1.20% |
| TJX | The TJX Companies Inc | Consumer Cyclical | Apparel Retail | 1.16% |
| RTX | Raytheon Technologies Corp | Industrials | Aerospace & Defense | 1.15% |
| KR | Kroger Company | Consumer Defensive | Grocery Stores | 1.12% |
| ABT | Abbott Laboratories | Healthcare | Medical Devices | 1.12% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 1.12% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 1.11% |