Inflation Protection Fund

Fund Profile

Fund profile

Tickers

PIFPX, PBPPX, PIFSX, PISPX, PIPJX, PIPIX

Fund manager

Principal Funds Inc

Total assets

$2.40 bn

Liabilities

$158.33 mm

Net assets

$2.24 bn

Number of holdings

237.00

Top 200 of 237 Holdings

As of Oct 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
Fannie Mae or Freddie Mac	97.13 mm	98.07 mm principal	4.34	ABS-mortgage backed security	Long	USA
United States Treasury Inflation Indexed Bonds	85.27 mm	86.92 mm principal	3.81	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	79.10 mm	84.27 mm principal	3.53	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	78.82 mm	82.37 mm principal	3.52	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	78.68 mm	86.35 mm principal	3.51	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	77.36 mm	76.55 mm principal	3.45	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	74.67 mm	84.66 mm principal	3.33	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	68.85 mm	71.92 mm principal	3.07	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	68.13 mm	76.21 mm principal	3.04	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	67.78 mm	67.93 mm principal	3.03	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	67.13 mm	74.65 mm principal	3.00	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	65.52 mm	71.86 mm principal	2.92	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	64.94 mm	66.20 mm principal	2.90	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	62.62 mm	61.17 mm principal	2.79	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	61.73 mm	63.93 mm principal	2.76	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	60.84 mm	61.28 mm principal	2.72	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	59.68 mm	65.14 mm principal	2.66	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	57.43 mm	58.64 mm principal	2.56	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	55.97 mm	57.86 mm principal	2.50	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	52.01 mm	55.73 mm principal	2.32	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	51.20 mm	52.99 mm principal	2.29	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	48.07 mm	48.97 mm principal	2.15	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	46.95 mm	48.81 mm principal	2.10	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	45.40 mm	47.34 mm principal	2.03	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	45.29 mm	46.55 mm principal	2.02	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	40.73 mm	42.03 mm principal	1.82	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	34.90 mm	32.19 mm principal	1.56	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	33.51 mm	38.30 mm principal	1.50	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	32.24 mm	42.17 mm principal	1.44	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	31.39 mm	31.49 mm principal	1.40	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	31.25 mm	29.54 mm principal	1.40	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	29.77 mm	29.47 mm principal	1.33	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	29.26 mm	29.57 mm principal	1.31	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	29.04 mm	29.11 mm principal	1.30	Debt	Long	USA
Fannie Mae or Freddie Mac	28.75 mm	29.59 mm principal	1.28	ABS-mortgage backed security	Long	USA
United States Treasury Inflation Indexed Bonds	28.48 mm	35.46 mm principal	1.27	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	26.18 mm	30.51 mm principal	1.17	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	25.66 mm	24.99 mm principal	1.15	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	22.12 mm	21.95 mm principal	0.99	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	21.53 mm	27.93 mm principal	0.96	Debt	Long	USA
Principal Government Money Market Fund - Class R-6	20.98 mm	20.98 mm shares	0.94	Short-term investment vehicle	Long	USA
United States Treasury Inflation Indexed Bonds	20.38 mm	26.58 mm principal	0.91	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	18.78 mm	19.34 mm principal	0.84	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	18.71 mm	31.95 mm principal	0.83	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	17.29 mm	21.72 mm principal	0.77	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	17.11 mm	27.38 mm principal	0.76	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	16.29 mm	27.52 mm principal	0.73	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	15.05 mm	14.98 mm principal	0.67	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	14.98 mm	19.15 mm principal	0.67	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	11.53 mm	10.46 mm principal	0.51	Debt	Long	USA
United Kingdom Gilt	11.53 mm	9.70 mm principal	0.51	Debt	Long	UK
European Union	9.37 mm	9.22 mm principal	0.42	Debt	Long	XX
United States Treasury Inflation Indexed Bonds	8.09 mm	10.44 mm principal	0.36	Debt	Long	USA
United States Treasury Note/Bond	7.43 mm	9.74 mm principal	0.33	Debt	Long	USA
Kingdom of Belgium Government Bond	7.18 mm	6.86 mm principal	0.32	Debt	Long	Belgium
Brazil Notas do Tesouro Nacional Serie F	4.39 mm	29.70 mm principal	0.20	Debt	Long	Brazil
Japan Government Thirty Year Bond	3.29 mm	546.15 mm principal	0.15	Debt	Long	Japan
Progress Residential 2022-SFR7 Trust	3.27 mm	3.32 mm principal	0.15	ABS-other	Long	USA
Japan Government Thirty Year Bond	3.26 mm	505.65 mm principal	0.15	Debt	Long	Japan
French Republic Government Bond OAT	2.70 mm	2.78 mm principal	0.12	Debt	Long	France
Credit Default Swaps	2.55 mm	36.74 mm other units	0.11	Credit derivative	N/A	N/A
CSMC 2022-NQM5 Trust	2.34 mm	2.35 mm principal	0.10	ABS-mortgage backed security	Long	USA
NYMT Loan Trust 2024-INV1	2.30 mm	2.30 mm principal	0.10	ABS-mortgage backed security	Long	USA
Brazil Notas do Tesouro Nacional Serie F	2.30 mm	15.30 mm principal	0.10	Debt	Long	Brazil
Mexican Bonos	2.27 mm	48.00 mm principal	0.10	Debt	Long	Mexico
Brazilian Government International Bond	2.17 mm	2.20 mm principal	0.10	Debt	Long	Brazil
A&D Mortgage Trust 2024-NQM5	2.17 mm	2.17 mm principal	0.10	ABS-mortgage backed security	Long	USA
Cross 2024-H7 Mortgage Trust	2.06 mm	2.06 mm principal	0.09	ABS-mortgage backed security	Long	USA
AMSR 2022-SFR3 Trust	1.98 mm	2.09 mm principal	0.09	ABS-other	Long	USA
Progress Residential 2022-SFR6 Trust	1.98 mm	1.99 mm principal	0.09	ABS-other	Long	USA
BX Commercial Mortgage Trust 2024-KING	1.92 mm	1.92 mm principal	0.09	ABS-mortgage backed security	Long	USA
GCAT 2021-NQM4 Trust	1.92 mm	2.36 mm principal	0.09	ABS-mortgage backed security	Long	USA
New Residential Mortgage Loan Trust 2022-SFR2	1.91 mm	2.04 mm principal	0.09	ABS-other	Long	USA
BX Trust 2024-VLT4	1.91 mm	1.91 mm principal	0.09	ABS-mortgage backed security	Long	USA
SG Residential Mortgage Trust 2021-1	1.83 mm	2.27 mm principal	0.08	ABS-mortgage backed security	Long	USA
Tricon Residential 2024-SFR2 Trust	1.79 mm	1.81 mm principal	0.08	ABS-other	Long	USA
Verus Securitization Trust 2022-7	1.69 mm	1.70 mm principal	0.08	ABS-mortgage backed security	Long	USA
Ellington Financial Mortgage Trust 2021-3	1.60 mm	1.98 mm principal	0.07	ABS-mortgage backed security	Long	USA
BRAVO Residential Funding Trust 2023-NQM3	1.57 mm	1.59 mm principal	0.07	ABS-mortgage backed security	Long	USA
COLT 2024-6 Mortgage Loan Trust	1.51 mm	1.52 mm principal	0.07	ABS-mortgage backed security	Long	USA
BX Commercial Mortgage Trust 2024-MDHS	1.50 mm	1.49 mm principal	0.07	ABS-mortgage backed security	Long	USA
GWT 2024-WLF2	1.48 mm	1.48 mm principal	0.07	ABS-mortgage backed security	Long	USA
Brazil Notas do Tesouro Nacional Serie F	1.34 mm	8.50 mm principal	0.06	Debt	Long	Brazil
Mexico Government International Bond	1.34 mm	1.33 mm principal	0.06	Debt	Long	Mexico
LBA Trust 2024-BOLT	1.27 mm	1.27 mm principal	0.06	ABS-mortgage backed security	Long	USA
CSMC 2022-NQM4 Trust	1.25 mm	1.26 mm principal	0.06	ABS-mortgage backed security	Long	USA
Pagaya AI Technology in Housing Trust 2022-1	1.25 mm	1.27 mm principal	0.06	ABS-other	Long	USA
Deephaven Residential Mortgage Trust 2024-1	1.23 mm	1.23 mm principal	0.05	ABS-mortgage backed security	Long	USA
European Union	1.08 mm	1.18 mm principal	0.05	Debt	Long	XX
ACRA Trust 2024-NQM1	1.07 mm	1.07 mm principal	0.05	ABS-mortgage backed security	Long	USA
Options	1.06 mm	863.00 contracts	0.05	Interest rate derivative	N/A	N/A
Mexican Bonos	1.02 mm	24.00 mm principal	0.05	Debt	Long	Mexico
COMM 2024-WCL1 MORTGAGE TRUST	837.11 k	840.00 k principal	0.04	ABS-mortgage backed security	Long	USA
J.P. Morgan Mortgage Trust 2023-DSC1	822.76 k	861.75 k principal	0.04	ABS-mortgage backed security	Long	USA
BX Commercial Mortgage Trust 2024-XL4	807.77 k	806.77 k principal	0.04	ABS-mortgage backed security	Long	USA
Mexican Bonos	781.29 k	16.50 mm principal	0.03	Debt	Long	Mexico
BX Commercial Mortgage Trust 2024-AIRC	751.17 k	750.00 k principal	0.03	ABS-mortgage backed security	Long	USA
HILT COMMERCIAL MORTGAGE TRUST 2024-ORL	744.53 k	745.00 k principal	0.03	ABS-mortgage backed security	Long	USA
AMSR 2023-SFR2 Trust	697.49 k	750.00 k principal	0.03	ABS-other	Long	USA
ELM Trust 2024-ELM	687.11 k	680.00 k principal	0.03	ABS-mortgage backed security	Long	USA
ELM Trust 2024-ELM	687.11 k	680.00 k principal	0.03	ABS-mortgage backed security	Long	USA
SG Residential Mortgage Trust 2022-2	585.54 k	588.08 k principal	0.03	ABS-mortgage backed security	Long	USA
Verus Securitization Trust 2022-INV2	572.71 k	569.03 k principal	0.03	ABS-mortgage backed security	Long	USA
BFLD 2024-VICT Mortgage Trust	570.00 k	570.00 k principal	0.03	ABS-mortgage backed security	Long	USA
BAMLL Trust 2024-BHP	562.82 k	560.00 k principal	0.03	ABS-mortgage backed security	Long	USA
Mexico Government International Bond	538.48 k	663.00 k principal	0.02	Debt	Long	Mexico
PRKCM 2022-AFC2 Trust	447.25 k	450.90 k principal	0.02	ABS-mortgage backed security	Long	USA
Merrill Lynch Alternative Note Asset Trust Series 2007-A3	436.40 k	1.25 mm principal	0.02	ABS-mortgage backed security	Long	USA
FX Forwards Morgan Stanley & Co	390.38 k	1.00 contracts	0.02	DFE	N/A	N/A
Israel Government International Bond	359.20 k	393.00 k principal	0.02	Debt	Long	Israel
FX Forwards Bank of New York Mellon	344.76 k	1.00 contracts	0.02	DFE	N/A	N/A
Futures	334.63 k	541.00 contracts	0.01	Interest rate derivative	N/A	N/A
DBSG 2024-ALTA Mortgage Trust	333.43 k	330.00 k principal	0.01	ABS-mortgage backed security	Long	USA
FX Forwards Morgan Stanley & Co	325.53 k	1.00 contracts	0.01	DFE	N/A	N/A
CONE Trust 2024-DFW1	320.00 k	320.00 k principal	0.01	ABS-mortgage backed security	Long	USA
Futures	250.37 k	63.00 contracts	0.01	Interest rate derivative	N/A	N/A
HONO 2021-LULU Mortgage Trust	213.41 k	220.00 k principal	0.01	ABS-mortgage backed security	Long	USA
FX Forwards Barclays Bank PLC	177.91 k	1.00 contracts	0.01	DFE	N/A	N/A
FX Forwards Bank of New York Mellon	145.69 k	1.00 contracts	0.01	DFE	N/A	N/A
Futures	137.45 k	361.00 contracts	0.01	Interest rate derivative	N/A	N/A
Interest Rate Swaps	123.57 k	13.84 mm other units	0.01	Interest rate derivative	N/A	N/A
FX Forwards BNP Paribas	112.70 k	1.00 contracts	0.01	DFE	N/A	N/A
Options	110.61 k	1.00 contracts	0.00	DFE	N/A	N/A
Interest Rate Swaps	102.55 k	10.81 mm other units	0.00	Interest rate derivative	N/A	N/A
Interest Rate Swaps	95.87 k	15.19 mm other units	0.00	Interest rate derivative	N/A	N/A
FX Forwards Standard Chartered Bank, Hong Kong	95.52 k	1.00 contracts	0.00	DFE	N/A	N/A
FX Forwards UBS AG	94.17 k	1.00 contracts	0.00	DFE	N/A	N/A
Options	71.28 k	1.00 contracts	0.00	DFE	N/A	N/A
Interest Rate Swaps	67.00 k	16.23 mm other units	0.00	Interest rate derivative	N/A	N/A
FX Forwards Standard Chartered Bank, Hong Kong	66.08 k	1.00 contracts	0.00	DFE	N/A	N/A
FX Forwards UBS AG	65.99 k	1.00 contracts	0.00	DFE	N/A	N/A
Interest Rate Swaps	54.56 k	8.16 mm other units	0.00	Interest rate derivative	N/A	N/A
Futures	53.26 k	102.00 contracts	0.00	Interest rate derivative	N/A	N/A
FX Forwards Citigroup Inc	49.94 k	1.00 contracts	0.00	DFE	N/A	N/A
Interest Rate Swaps	47.39 k	9.09 mm other units	0.00	Interest rate derivative	N/A	N/A
Interest Rate Swaps	42.73 k	10.87 mm other units	0.00	Interest rate derivative	N/A	N/A
Interest Rate Swaps	41.19 k	6.98 mm other units	0.00	Interest rate derivative	N/A	N/A
Interest Rate Swaps	38.15 k	2.88 mm other units	0.00	Interest rate derivative	N/A	N/A
Interest Rate Swaps	35.90 k	1.03 mm other units	0.00	Interest rate derivative	N/A	N/A
Futures	35.72 k	58.00 contracts	0.00	Interest rate derivative	N/A	N/A
Interest Rate Swaps	34.87 k	1.03 mm other units	0.00	Interest rate derivative	N/A	N/A
Interest Rate Swaps	31.86 k	1.03 mm other units	0.00	Interest rate derivative	N/A	N/A
FX Forwards Morgan Stanley & Co	31.54 k	1.00 contracts	0.00	DFE	N/A	N/A
Interest Rate Swaps	31.02 k	1.03 mm other units	0.00	Interest rate derivative	N/A	N/A
FX Forwards HSBC Securities Inc	29.79 k	1.00 contracts	0.00	DFE	N/A	N/A
Interest Rate Swaps	23.61 k	990.00 k other units	0.00	Interest rate derivative	N/A	N/A
Interest Rate Swaps	19.82 k	5.01 mm other units	0.00	Interest rate derivative	N/A	N/A
Impac CMB Trust Series 2005-1	18.43 k	19.54 k principal	0.00	ABS-mortgage backed security	Long	USA
FX Forwards Goldman Sachs & Co	16.95 k	1.00 contracts	0.00	DFE	N/A	N/A
Interest Rate Swaps	16.45 k	278.00 k other units	0.00	Interest rate derivative	N/A	N/A
Interest Rate Swaps	16.34 k	10.08 mm other units	0.00	Interest rate derivative	N/A	N/A
Option One Mortgage Loan Trust 2005-1	15.62 k	23.08 k principal	0.00	ABS-other	Long	USA
FX Forwards Barclays Bank PLC	14.22 k	1.00 contracts	0.00	DFE	N/A	N/A
Long Beach Mortgage Loan Trust 2004-2	13.32 k	13.28 k principal	0.00	ABS-other	Long	USA
FX Forwards Morgan Stanley & Co	13.30 k	1.00 contracts	0.00	DFE	N/A	N/A
Interest Rate Swaps	10.63 k	4.16 mm other units	0.00	Interest rate derivative	N/A	N/A
WaMu Mortgage Pass-Through Certificates Series 2005-AR2 Trust	9.40 k	9.42 k principal	0.00	ABS-mortgage backed security	Long	USA
Fannie Mae REMIC Trust 2004-W5	9.20 k	9.25 k principal	0.00	ABS-mortgage backed security	Long	USA
FX Forwards BNP Paribas	8.02 k	1.00 contracts	0.00	DFE	N/A	N/A
Argent Securities Trust 2006-W3	7.36 k	23.43 k principal	0.00	ABS-other	Long	USA
Interest Rate Swaps	6.21 k	3.40 mm other units	0.00	Interest rate derivative	N/A	N/A
FX Forwards Morgan Stanley & Co	5.43 k	1.00 contracts	0.00	DFE	N/A	N/A
Countrywide Asset-Backed Certificates	5.32 k	5.23 k principal	0.00	ABS-other	Long	USA
FX Forwards UBS AG	5.00 k	1.00 contracts	0.00	DFE	N/A	N/A
Impac CMB Trust Series 2005-5	3.98 k	4.79 k principal	0.00	ABS-mortgage backed security	Long	USA
Chase Mortgage Finance Trust Series 2007-A2	3.69 k	3.69 k principal	0.00	ABS-mortgage backed security	Long	USA
Options	3.52 k	39.00 contracts	0.00	Interest rate derivative	N/A	N/A
FX Forwards HSBC Securities Inc	3.15 k	1.00 contracts	0.00	DFE	N/A	N/A
Interest Rate Swaps	2.84 k	3.58 mm other units	0.00	Interest rate derivative	N/A	N/A
Impac CMB Trust Series 2004-5	1.76 k	1.78 k principal	0.00	ABS-mortgage backed security	Long	USA
Interest Rate Swaps	1.52 k	3.14 mm other units	0.00	Interest rate derivative	N/A	N/A
Impac CMB Trust Series 2004-6	1.07 k	1.08 k principal	0.00	ABS-mortgage backed security	Long	USA
FX Forwards Bank of New York Mellon	840.68	1.00 contracts	0.00	DFE	N/A	N/A
Futures	759.15	136.00 contracts	0.00	Interest rate derivative	N/A	N/A
Alternative Loan Trust 2006-OA6	581.58	581.58 principal	0.00	ABS-mortgage backed security	Long	USA
FX Forwards UBS AG	530.39	1.00 contracts	0.00	DFE	N/A	N/A
Ginnie Mae	404.76	65.30 k principal	0.00	ABS-mortgage backed security	Long	USA
Interest Rate Swaps	290.83	7.10 mm other units	0.00	Interest rate derivative	N/A	N/A
Fannie Mae REMIC Trust 2003-W16	288.47	292.67 principal	0.00	ABS-mortgage backed security	Long	USA
BlackRock Liquidity FedFund - Institutional Class	1.80	1.80 shares	0.00	Short-term investment vehicle	Long	USA
Options	-502.89	39.00 contracts	-0.00	Interest rate derivative	N/A	N/A
Interest Rate Swaps	-2.27 k	1.95 mm other units	-0.00	Interest rate derivative	N/A	N/A
Interest Rate Swaps	-3.90 k	1.95 mm other units	-0.00	Interest rate derivative	N/A	N/A
Futures	-4.59 k	6.00 contracts	-0.00	Interest rate derivative	N/A	N/A
Futures	-5.01 k	22.00 contracts	-0.00	Interest rate derivative	N/A	N/A
Interest Rate Swaps	-5.31 k	1.55 mm other units	-0.00	Interest rate derivative	N/A	N/A
FX Forwards Royal Bank of Scotland	-5.89 k	1.00 contracts	-0.00	DFE	N/A	N/A
Interest Rate Swaptions	-7.11 k	2.85 mm other units	-0.00	Interest rate derivative	N/A	N/A
Interest Rate Swaptions	-7.44 k	2.85 mm other units	-0.00	Interest rate derivative	N/A	N/A
Interest Rate Swaps	-8.08 k	3.06 mm other units	-0.00	Interest rate derivative	N/A	N/A
Interest Rate Swaps	-8.25 k	3.46 mm other units	-0.00	Interest rate derivative	N/A	N/A
Interest Rate Swaptions	-8.36 k	2.85 mm other units	-0.00	Interest rate derivative	N/A	N/A
Interest Rate Swaps	-8.40 k	1.30 mm other units	-0.00	Interest rate derivative	N/A	N/A
FX Forwards HSBC Securities Inc	-9.47 k	1.00 contracts	-0.00	DFE	N/A	N/A
Interest Rate Swaps	-13.42 k	2.57 mm other units	-0.00	Interest rate derivative	N/A	N/A
Interest Rate Swaps	-13.91 k	3.56 mm other units	-0.00	Interest rate derivative	N/A	N/A
FX Forwards Barclays Bank PLC	-13.92 k	1.00 contracts	-0.00	DFE	N/A	N/A
Interest Rate Swaptions	-14.15 k	5.68 mm other units	-0.00	Interest rate derivative	N/A	N/A
FX Forwards Goldman Sachs & Co	-14.55 k	1.00 contracts	-0.00	DFE	N/A	N/A
Interest Rate Swaptions	-14.89 k	5.71 mm other units	-0.00	Interest rate derivative	N/A	N/A