Global Multi-Strategy Fund

Fund Profile

Fund profile

Tickers

PMSAX, PSMIX, PGLSX

Fund manager

Principal Funds Inc

Total assets

$427.47 mm

Liabilities

$6.53 mm

Net assets

$420.94 mm

Number of holdings

2.19 k

Top 200 of 2193 Holdings

As of Nov 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
Principal Government Money Market Fund - Class R-6	80.42 mm	80.42 mm shares	19.11	Short-term investment vehicle	Long	USA
Canadian Treasury Bill	7.50 mm	10.50 mm principal	1.78	Debt	Long	Canada
Canadian Treasury Bill	6.42 mm	9.00 mm principal	1.52	Debt	Long	Canada
Canadian Treasury Bill	4.44 mm	6.25 mm principal	1.06	Debt	Long	Canada
Total Return Swaps Morgan Stanley & Co	4.33 mm	93.57 mm other units	1.03	Equity derivative	N/A	N/A
Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Institutional Class	4.14 mm	4.14 mm shares	0.98	Short-term investment vehicle	Long	USA
EDR Endeavor Group Holdings, Inc.	3.63 mm	119.54 k shares	0.86	Common equity	Long	USA
Canadian Treasury Bill	3.41 mm	4.80 mm principal	0.81	Debt	Long	Canada
Canadian Treasury Bill	3.40 mm	4.80 mm principal	0.81	Debt	Long	Canada
AAPL Apple Inc.	3.30 mm	13.91 k shares	0.78	Common equity	Long	USA
NVDA NVIDIA Corporation	3.13 mm	22.66 k shares	0.74	Common equity	Long	USA
United States Treasury Bill	2.86 mm	2.89 mm principal	0.68	Debt	Long	USA
United States Treasury Bill	2.86 mm	2.89 mm principal	0.68	Debt	Long	USA
United States Treasury Note/Bond	2.69 mm	2.69 mm principal	0.64	Debt	Long	USA
HCP HashiCorp, Inc.	2.66 mm	79.20 k shares	0.63	Common equity	Long	USA
Brazil Notas do Tesouro Nacional Serie F	2.58 mm	16.65 mm principal	0.61	Debt	Long	Brazil
CHX ChampionX Corporation	2.47 mm	79.90 k shares	0.59	Common equity	Long	USA
K Kellogg Company	2.43 mm	29.94 k shares	0.58	Common equity	Long	USA
BERY Berry Global Group, Inc.	2.34 mm	32.40 k shares	0.56	Common equity	Long	USA
MSFT Microsoft Corporation	2.22 mm	5.25 k shares	0.53	Common equity	Long	USA
HES Hess Corporation	2.18 mm	14.84 k shares	0.52	Common equity	Long	USA
CTLT Catalent, Inc.	2.12 mm	34.68 k shares	0.50	Common equity	Long	USA
AMZN Amazon.com, Inc.	1.89 mm	9.11 k shares	0.45	Common equity	Long	USA
GOOG Alphabet Inc.	1.89 mm	11.20 k shares	0.45	Common equity	Long	USA
iShares Floating Rate Bond ETF	1.79 mm	35.00 k shares	0.42	Common equity	Long	USA
BlackRock Fund Advisors	1.78 mm	16.09 k shares	0.42	Common equity	Long	USA
iShares 0-5 Year TIPS Bond ETF	1.78 mm	17.57 k shares	0.42	Common equity	Long	USA
Republic of South Africa Government Bond	1.63 mm	35.65 mm principal	0.39	Debt	Long	South Africa
X United States Steel Corporation	1.53 mm	37.47 k shares	0.36	Common equity	Long	USA
DD DuPont de Nemours, Inc.	1.53 mm	18.25 k shares	0.36	Common equity	Long	USA
Calumet Specialty Products Partners LP / Calumet Finance Corp	1.41 mm	1.40 mm principal	0.34	Debt	Long	USA
United States Treasury Bill	1.35 mm	1.37 mm principal	0.32	Debt	Long	USA
Israel Government International Bond	1.32 mm	1.33 mm principal	0.31	Debt	Long	Israel
Republic of South Africa Government Bond	1.29 mm	25.17 mm principal	0.31	Debt	Long	South Africa
Getty Images Inc	1.28 mm	1.28 mm principal	0.30	Debt	Long	USA
HTLF Heartland Financial USA, Inc.	1.21 mm	17.92 k shares	0.29	Common equity	Long	USA
META Meta Platforms, Inc.	1.19 mm	2.08 k shares	0.28	Common equity	Long	USA
Altaba Inc - Escrow	1.17 mm	837.14 k shares	0.28	Common equity	Long	USA
SMAR Smartsheet Inc.	1.15 mm	20.59 k shares	0.27	Common equity	Long	USA
JNPR Juniper Networks, Inc.	1.11 mm	30.96 k shares	0.26	Common equity	Long	USA
SATS EchoStar Corporation	1.10 mm	1.02 mm principal	0.26	Debt	Long	USA
Gol Finance SA	1.05 mm	1.01 mm principal	0.25	Debt	Long	Luxembourg
American Homes 4 Rent 2015-SFR1 Trust	1.04 mm	1.05 mm principal	0.25	ABS-other	Long	USA
Encavis Finance BV	1.02 mm	1.00 mm principal	0.24	Debt	Long	Netherlands
iShares Russell 2000 Value ETF	997.04 k	5.53 k shares	0.24	Common equity	Long	USA
Turkiye Government Bond	979.31 k	34.67 mm principal	0.23	Debt	Long	Turkey
DFS Discover Financial Services	951.92 k	5.22 k shares	0.23	Common equity	Long	USA
Tunisian Republic	938.03 k	950.00 k principal	0.22	Debt	Long	Tunisia
Broadcom Pte. Ltd.	910.89 k	5.62 k shares	0.22	Common equity	Long	USA
HSBC HSBC Holdings plc	903.26 k	850.00 k principal	0.21	Debt	Long	UK
Mauser Packaging Solutions Holding Co	878.25 k	858.00 k principal	0.21	Debt	Long	USA
Interest Rate Swaps	876.95 k	195.00 mm other units	0.21	Interest rate derivative	N/A	N/A
Petroleum Geo-Services AS	876.07 k	800.00 k principal	0.21	Debt	Long	Norway
D Dominion Energy, Inc.	816.51 k	13.90 k shares	0.19	Common equity	Long	USA
Republic of Poland Government Bond	816.44 k	3.71 mm principal	0.19	Debt	Long	Poland
Pakistan Government International Bond	808.88 k	900.00 k principal	0.19	Debt	Long	Pakistan
INFN Infinera Corporation	799.48 k	680.00 k principal	0.19	Debt	Long	USA
Lamar Funding Ltd	793.04 k	800.00 k principal	0.19	Debt	Long	Cayman Islands
Chile Government International Bond	741.60 k	775.00 k principal	0.18	Debt	Long	Chile
Puma International Financing SA	741.31 k	725.00 k principal	0.18	Debt	Long	Luxembourg
Peru Government Bond	728.20 k	2.98 mm principal	0.17	Debt	Long	Peru
QCOM QUALCOMM Incorporated	724.80 k	4.57 k shares	0.17	Common equity	Long	USA
Transnet SOC Ltd	716.16 k	700.00 k principal	0.17	Debt	Long	South Africa
NFLX Netflix, Inc.	700.58 k	790.00 shares	0.17	Common equity	Long	USA
Argentine Republic Government International Bond	695.20 k	1.10 mm principal	0.17	Debt	Long	Argentina
Energean Israel Finance Ltd	685.35 k	690.00 k principal	0.16	Debt	Long	Israel
Nigeria Government International Bond	681.27 k	750.00 k principal	0.16	Debt	Long	Nigeria
AMED Amedisys, Inc.	656.42 k	7.18 k shares	0.16	Common equity	Long	USA
Leviathan Bond Ltd	653.50 k	670.00 k principal	0.16	Debt	Long	Israel
Dominican Republic International Bond	650.96 k	700.00 k principal	0.15	Debt	Long	Dominican Republic
AY Atlantica Sustainable Infrastructure plc	641.33 k	29.23 k shares	0.15	Common equity	Long	UK
Aeropuertos Dominicanos Siglo XXI SA	637.55 k	625.00 k principal	0.15	Debt	Long	Dominican Republic
SCBFY Standard Chartered PLC	629.14 k	600.00 k principal	0.15	Debt	Long	UK
EVRI Everi Holdings Inc.	628.59 k	46.67 k shares	0.15	Common equity	Long	USA
Latam Airlines Group SA	628.13 k	547.00 k principal	0.15	Debt	Long	Chile
CEG Constellation Energy Corporation	624.21 k	2.43 k shares	0.15	Common equity	Long	USA
IHS Netherlands Holdco BV	623.72 k	625.00 k principal	0.15	Debt	Long	Netherlands
DISH DBS Corp	620.49 k	675.00 k principal	0.15	Debt	Long	USA
Ecuador Government International Bond	617.50 k	1.13 mm principal	0.15	Debt	Long	Ecuador
Dun & Bradstreet Corp/The	617.05 k	636.00 k principal	0.15	Debt	Long	USA
Sitios Latinoamerica SAB de CV	604.19 k	600.00 k principal	0.14	Debt	Long	Mexico
Illuminate Buyer LLC / Illuminate Holdings IV Inc	597.64 k	589.00 k principal	0.14	Debt	Long	USA
Benin Government International Bond	582.34 k	600.00 k principal	0.14	Debt	Long	Benin
TJX The TJX Companies, Inc.	581.57 k	4.63 k shares	0.14	Common equity	Long	USA
Teva Pharmaceutical Finance Netherlands III BV	580.38 k	795.00 k principal	0.14	Debt	Long	Netherlands
Republic of South Africa Government International Bond	580.31 k	575.00 k principal	0.14	Debt	Long	South Africa
ARCH Arch Resources, Inc.	577.65 k	3.36 k shares	0.14	Common equity	Long	USA
IGT International Game Technology PLC	574.98 k	29.90 k shares	0.14	Common equity	Long	USA
WFRBS Commercial Mortgage Trust 2011-C4	570.58 k	620.20 k principal	0.14	ABS-mortgage backed security	Long	USA
MRK Merck & Co., Inc.	569.49 k	5.60 k shares	0.14	Common equity	Long	USA
European Bank for Reconstruction & Development	559.15 k	48.00 mm principal	0.13	Debt	Long	XX
TT Trane Technologies plc	558.98 k	1.34 k shares	0.13	Common equity	Long	Ireland
V Visa Inc.	558.64 k	1.77 k shares	0.13	Common equity	Long	USA
LMT Lockheed Martin Corporation	557.47 k	1.05 k shares	0.13	Common equity	Long	USA
BMY Bristol-Myers Squibb Company	554.89 k	9.37 k shares	0.13	Common equity	Long	USA
Brazilian Government International Bond	549.76 k	550.00 k principal	0.13	Debt	Long	Brazil
FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple	549.26 k	550.00 k principal	0.13	Debt	Long	Mexico
BlackRock, Inc.	545.50 k	14.54 k shares	0.13	Common equity	Long	USA
WE Soda Investments Holding PLC	542.50 k	525.00 k principal	0.13	Debt	Long	UK
Sasol Financing USA LLC	540.45 k	525.00 k principal	0.13	Debt	Long	USA
Glencore Funding LLC	538.62 k	495.00 k principal	0.13	Debt	Long	USA
ACM AECOM	537.01 k	4.59 k shares	0.13	Common equity	Long	USA
CMCSA Comcast Corporation	533.74 k	12.36 k shares	0.13	Common equity	Long	USA
CSMC 2014-USA OA LLC	533.08 k	1.06 mm principal	0.13	ABS-mortgage backed security	Long	USA
BAX Baxter International Inc.	522.07 k	15.49 k shares	0.12	Common equity	Long	USA
EQR Equity Residential	519.45 k	6.78 k shares	0.12	Common equity	Long	USA
ACN Accenture plc	518.55 k	1.43 k shares	0.12	Common equity	Long	Ireland
CCO Holdings LLC / CCO Holdings Capital Corp	517.91 k	525.00 k principal	0.12	Debt	Long	USA
GE General Electric Company	512.23 k	2.81 k shares	0.12	Common equity	Long	USA
MCD McDonald's Corporation	511.80 k	1.73 k shares	0.12	Common equity	Long	USA
NRG NRG Energy, Inc.	505.10 k	4.97 k shares	0.12	Common equity	Long	USA
SOLV Solventum Corporation	504.79 k	7.06 k shares	0.12	Common equity	Long	USA
GD General Dynamics Corporation	504.69 k	1.78 k shares	0.12	Common equity	Long	USA
Ghana Government International Bond	504.33 k	575.00 k principal	0.12	Debt	Long	Ghana
BRK-B Berkshire Hathaway Inc.	501.86 k	1.04 k shares	0.12	Common equity	Long	USA
Banco Mercantil del Norte SA/Grand Cayman	498.00 k	500.00 k principal	0.12	Debt	Long	Mexico
Republic of Uzbekistan International Bond	496.85 k	500.00 k principal	0.12	Debt	Long	Uzbekistan
AXP American Express Company	495.71 k	1.63 k shares	0.12	Common equity	Long	USA
CVX Chevron Corporation	492.75 k	3.04 k shares	0.12	Common equity	Long	USA
Acu Petroleo Luxembourg Sarl	492.43 k	496.02 k principal	0.12	Debt	Long	Luxembourg
CSC Holdings LLC	489.51 k	675.00 k principal	0.12	Debt	Long	USA
NKE NIKE, Inc.	489.08 k	6.21 k shares	0.12	Common equity	Long	USA
Domino's Pizza Master Issuer LLC	486.09 k	498.20 k principal	0.12	ABS-other	Long	USA
Republic of Poland Government Bond	485.26 k	2.05 mm principal	0.12	Debt	Long	Poland
NTAP NetApp, Inc.	484.55 k	3.95 k shares	0.12	Common equity	Long	USA
Electricidad Firme de Mexico Holdings SA de CV	484.44 k	500.00 k principal	0.12	Debt	Long	Mexico
Futures	483.87 k	19.00 contracts	0.11	Commodity derivative	N/A	N/A
JPM JPMorgan Chase & Co.	483.71 k	1.94 k shares	0.11	Common equity	Long	USA
SUM Summit Materials, Inc.	479.65 k	9.42 k shares	0.11	Common equity	Long	USA
ZUO Zuora, Inc.	476.17 k	47.95 k shares	0.11	Common equity	Long	USA
UNH UnitedHealth Group Incorporated	475.35 k	779.00 shares	0.11	Common equity	Long	USA
Antares Holdings LP	472.24 k	505.00 k principal	0.11	Debt	Long	USA
Energean Israel Finance Ltd	469.14 k	505.00 k principal	0.11	Debt	Long	Israel
Provincia de Buenos Aires/Government Bonds	467.85 k	722.55 k principal	0.11	Debt	Long	Argentina
IHS Holding Ltd	467.06 k	475.00 k principal	0.11	Debt	Long	Cayman Islands
Light & Wonder International Inc	462.96 k	461.00 k principal	0.11	Debt	Long	USA
Futures	461.24 k	33.00 contracts	0.11	Equity derivative	N/A	N/A
Greensaif Pipelines Bidco Sarl	460.66 k	450.00 k principal	0.11	Debt	Long	Luxembourg
CSCO Cisco Systems, Inc.	457.87 k	7.73 k shares	0.11	Common equity	Long	USA
DAL Delta Air Lines, Inc.	456.70 k	7.16 k shares	0.11	Common equity	Long	USA
Ford Otomotiv Sanayi AS	455.11 k	450.00 k principal	0.11	Debt	Long	Turkey
EMR Emerson Electric Co.	453.49 k	3.42 k shares	0.11	Common equity	Long	USA
SSB SouthState Corporation	453.39 k	4.10 k shares	0.11	Common equity	Long	USA
Turkiye Garanti Bankasi AS	451.77 k	450.00 k principal	0.11	Debt	Long	Turkey
CB Chubb Limited	448.98 k	1.56 k shares	0.11	Common equity	Long	Switzerland
PG The Procter & Gamble Company	446.18 k	2.49 k shares	0.11	Common equity	Long	USA
QRVO Qorvo, Inc.	445.10 k	6.45 k shares	0.11	Common equity	Long	USA
Ivory Coast Government International Bond	442.88 k	475.00 k principal	0.11	Debt	Long	Côte d'Ivoire
JPMorgan Chase Bank NA	440.37 k	295.00 mm principal	0.10	Debt	Long	USA
iShares Core MSCI Emerging Markets ETF	439.91 k	8.10 k shares	0.10	Common equity	Long	USA
CRM Salesforce, Inc.	439.22 k	1.33 k shares	0.10	Common equity	Long	USA
Limak Cimento Sanayi ve Ticaret AS	437.65 k	450.00 k principal	0.10	Debt	Long	Turkey
LIN Linde plc	436.56 k	947.00 shares	0.10	Common equity	Long	USA
TGT Target Corporation	433.58 k	3.28 k shares	0.10	Common equity	Long	USA
GILD Gilead Sciences, Inc.	433.09 k	4.68 k shares	0.10	Common equity	Long	USA
BALL Ball Corporation	430.27 k	6.92 k shares	0.10	Common equity	Long	USA
Guatemala Government Bond	428.40 k	425.00 k principal	0.10	Debt	Long	Guatemala
Walt Disney Co	427.59 k	3.64 k shares	0.10	Common equity	Long	USA
Aegea Finance Sarl	424.15 k	400.00 k principal	0.10	Debt	Long	Luxembourg
UBS Group AG	420.07 k	410.00 k principal	0.10	Debt	Long	Switzerland
Romanian Government International Bond	416.78 k	400.00 k principal	0.10	Debt	Long	Romania
Mersin Uluslararasi Liman Isletmeciligi AS	414.97 k	400.00 k principal	0.10	Debt	Long	Turkey
Petroleos Mexicanos	414.65 k	425.00 k principal	0.10	Debt	Long	Mexico
Dominican Republic International Bond	414.17 k	24.00 mm principal	0.10	Debt	Long	Dominican Republic
Australia & New Zealand Banking Group Ltd/New York NY	413.42 k	410.00 k principal	0.10	Debt	Long	Australia
FFIV F5, Inc.	413.33 k	1.65 k shares	0.10	Common equity	Long	USA
CLR Continental Resources Inc (OKLA)	413.02 k	410.00 k principal	0.10	Debt	Long	USA
Goldman Sachs Group Inc/The	412.67 k	410.00 k principal	0.10	Debt	Long	USA
Kingston Airport Revenue Finance Ltd	410.52 k	400.00 k principal	0.10	Debt	Long	Cayman Islands
LD Celulose International GmbH	408.12 k	400.00 k principal	0.10	Debt	Long	Austria
Banco Mercantil del Norte SA/Grand Cayman	405.41 k	425.00 k principal	0.10	Debt	Long	Mexico
Mercedes-Benz Finance North America LLC	405.00 k	405.00 k principal	0.10	Debt	Long	USA
Peru Government Bond	404.57 k	1.53 mm principal	0.10	Debt	Long	Peru
Zambia Government International Bond	401.93 k	708.93 k principal	0.10	Debt	Long	Zambia
FOX Fox Corporation	399.48 k	8.48 k shares	0.09	Common equity	Long	USA
SASR Sandy Spring Bancorp, Inc.	398.05 k	10.56 k shares	0.09	Common equity	Long	USA
MMC Marsh & McLennan Companies, Inc.	396.04 k	395.00 k principal	0.09	Debt	Long	USA
State Street Bank & Trust Co	396.02 k	395.00 k principal	0.09	Debt	Long	USA
Commonwealth Bank of Australia/New York NY	395.54 k	395.00 k principal	0.09	Debt	Long	Australia
American Honda Finance Corp	393.59 k	395.00 k principal	0.09	Debt	Long	USA
STT State Street Corporation	393.46 k	395.00 k principal	0.09	Debt	Long	USA
US Bank NA/Cincinnati OH	393.13 k	395.00 k principal	0.09	Debt	Long	USA
VEON Holdings BV	392.96 k	450.00 k principal	0.09	Debt	Long	Netherlands
AIM Aviation Finance Ltd	391.65 k	675.22 k principal	0.09	ABS-other	Long	Cayman Islands
WMT Walmart Inc.	391.00 k	4.23 k shares	0.09	Common equity	Long	USA
MS Morgan Stanley	389.17 k	2.96 k shares	0.09	Common equity	Long	USA
Toyota Motor Credit Corp	388.92 k	390.00 k principal	0.09	Debt	Long	USA
Tengizchevroil Finance Co International Ltd	388.49 k	400.00 k principal	0.09	Debt	Long	Bermuda
MA Mastercard Incorporated	384.78 k	722.00 shares	0.09	Common equity	Long	USA
FS Luxembourg Sarl	384.28 k	375.00 k principal	0.09	Debt	Long	Luxembourg
PM Philip Morris International Inc.	384.28 k	2.89 k shares	0.09	Common equity	Long	USA
CSN Inova Ventures	384.23 k	400.00 k principal	0.09	Debt	Long	Cayman Islands
HTA Group Ltd/Mauritius	381.52 k	375.00 k principal	0.09	Debt	Long	Mauritius
Wells Fargo & Co	381.47 k	380.00 k principal	0.09	Debt	Long	USA
BKNG Booking Holdings Inc.	379.74 k	73.00 shares	0.09	Common equity	Long	USA
FDX FedEx Corporation	379.25 k	1.25 k shares	0.09	Common equity	Long	USA
Werner FinCo LP / Werner FinCo Inc	377.96 k	342.00 k principal	0.09	Debt	Long	USA
URI United Rentals, Inc.	377.58 k	436.00 shares	0.09	Common equity	Long	USA
Frontier Communications Holdings LLC	375.77 k	374.00 k principal	0.09	Debt	Long	USA
PEP PepsiCo, Inc.	372.67 k	2.28 k shares	0.09	Common equity	Long	USA