Blue Chip Fund

Principal Funds, Inc · 7 share classes

Actively managed U.S. equity fund
One fund, 7 share classes:PBCKXPBLAXPBLCXPGBEXPGBGXPGBHXPBCJX
$8.49B NAV
38 positions · as of 2026-05-31 · filed 2026-07-24

Fund classification

Classified from what the fund holds · as of 2026 Q2

Blue Chip Fund is an actively managed U.S. equity fund. 29% of PBCKX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 92% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund
Features
Non-diversified

Fund profile

As filed in the prospectus · 2025 Q4

The Fund seeks long-term growth of capital.

Strategy · summarised

The fund invests at least 80% of assets in equity securities of large-capitalization companies that the advisor identifies as blue chip firms—typically large, well-established market leaders or top-three companies in their sectors—using fundamental analysis of individual companies and favoring those with growth potential and above-average earnings expectations. The fund also holds foreign equities. Because the fund is non-diversified, it may invest a higher percentage of assets in individual issuers than a diversified fund, so changes in the value of a single investment can cause greater fluctuations in share price.

Expenses
0.57% 1.67%across 7 share classes
Share classGrossNet
PBCKX0.69%0.66%
PBLAX0.95%0.92%
PBLCX1.70%1.67%
PGBEX1.16%1.13%
PGBGX0.85%0.82%
PGBHX0.60%0.57%
PBCJX0.78%0.75%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 20.90% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.22%
of net assets
Stocks99.83%
Cash & short-term0.40%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology32.3%
Communication Services15.5%
Financials15.3%
Consumer Discretionary13.4%
7 smaller23.5%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
29%of stock holdings in top-quartile growers
covering 92% of the fund’s equity
Earnings growth
45%of stock holdings in top-quartile growers
covering 89% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 2 new4 exited

New: UBER, LYV

Exited: CSGP, CPRT, MSCI, ZTS

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+9.33%+63.10%+42.69%17.81%-15.40%
+9.08%+61.74%+40.69%17.84%-15.56%
+8.26%+58.30%+35.70%17.83%-15.98%
+8.85%+60.75%+39.28%17.83%-15.68%
+9.20%+62.35%+41.59%17.82%-15.47%
+9.44%+63.50%+43.34%17.84%-15.37%
+9.27%+62.62%+41.95%17.83%-15.45%
Cumulative return· Jun 2023 – Apr 2026

May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Microsoft CorpMSFT12.79%$1.09B
Amazon.com IncAMZN11.81%$1.00B
NVIDIA CorpNVDA10.13%$860.16M
Brookfield CorpBN7.17%$609.07M
Broadcom IncAVGO5.13%$435.46M
Visa IncV4.92%$417.33M
Mastercard IncMA4.92%$417.23M
TransDigm Group IncTDG4.90%$415.90M
Alphabet Inc - C SharesGOOG4.73%$401.43M
Meta Platforms IncMETA4.53%$384.45M
Showing 10 of 38Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.

Top 10 positions are 71.03% of net assets, top 25 95.69%, across 38 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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