Consent of Independent Registered Public Accounting Firm

We consent to the reference to our firm under the caption "Financial Statements"
in the Proxy Statements/Prospectus and in the Statement of Additional
Information in Part B and to the incorporation by reference of our report dated
December 2, 2005, with respect to the financial statements and financial
highlights of the Tax-Exempt Bond Fund and Equity Income Fund of the Principal
Investors Fund, Inc. incorporated by reference in this Registration Statement
under the Securities Act of 1933 (Form N-14), filed with the Securities and
Exchange Commission.

                                                     /s/ Ernst & Young LLP

Des Moines, Iowa
September 25, 2006