LargeCap Growth Fund I
Principal Funds, Inc · 6 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
LargeCap Growth Fund I is an actively managed U.S. equity fund. 38% of PPUMX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% 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 · 2026 Q2
The Fund seeks long-term growth of capital.
The fund is primarily actively managed by sub-advisors, while Principal Global Investors may invest up to 30% of assets using an index sampling strategy tied to the Russell Top 200 Growth Index. Because the index sampling approach is designed to match rather than replicate the index, the fund's performance may diverge from the index.
| Share class | Gross | Net | As of |
|---|---|---|---|
| C000019326 | 1.18% | 1.16% | 2025 Q1 |
| PPUMX | 1.18% | 1.16% | 2026 Q1 |
| PPUPX | 0.87% | 0.85% | 2026 Q1 |
| PLGIX | 0.69% | 0.67% | 2026 Q1 |
| PLGJX | 0.80% | 0.78% | 2026 Q1 |
| PLGAX | 0.95% | 0.93% | 2026 Q1 |
| PLCGX | 0.61% | 0.59% | 2026 Q1 |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 34.70% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 97.65% |
| Cash & short-term | 2.27% |
| Derivatives | 0.02% |
Look-through blends 1 underlying fund; 0.0% of NAV was not looked through and stays direct-classified.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Information Technology | 47.6% |
| Communication Services | 12.7% |
| Industrials | 11.5% |
| Consumer Discretionary | 8.7% |
| 10 smaller | 19.5% |
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
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
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| — | — | — | — | — | |
| +17.12% | +66.89% | +39.85% | 17.83% | -14.48% | |
| +17.57% | +68.40% | +42.04% | 17.91% | -14.42% | |
| — | — | — | — | — | |
| +17.70% | +69.27% | +43.37% | 17.84% | -14.30% | |
| +17.57% | +68.76% | +42.52% | 17.82% | -14.36% | |
| +17.46% | +67.94% | +41.40% | 17.88% | -14.40% | |
| +17.82% | +69.76% | +43.93% | 17.89% | -14.33% |
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| NVDA | NVIDIA CorpNVDA | 13.07% | $199.57 | $809.75M | 4.1M |
| AAPL | Apple IncAAPL | 10.26% | $271.35 | $635.52M | 2.3M |
| MSFT | Microsoft CorpMSFT | 7.87% | $407.78 | $487.61M | 1.2M |
| GOOGL | Alphabet Inc - A SharesGOOGL | 6.15% | $384.80 | $381.07M | 990.3K |
| AVGO | Broadcom IncAVGO | 6.07% | $417.43 | $375.70M | 900.0K |
| AMZN | Amazon.com IncAMZN | 4.41% | $265.06 | $273.10M | 1.0M |
| META | Meta Platforms IncMETA | 3.12% | $611.91 | $192.90M | 315.2K |
| LLY | Eli Lilly & CoLLY | 2.34% | $934.60 | $145.18M | 155.3K |
| — | Principal Funds, Inc - Government Money Market Fund - Class R-6 | 2.25% | — | $139.67M | — |
| HWM | Howmet Aerospace IncHWM | 1.73% | $243.04 | $107.30M | 441.5K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 57.29% of net assets, top 25 73.13%, across 419 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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