LargeCap S&P 500 Index Fund
Principal Funds, Inc · 5 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
LargeCap S&P 500 Index Fund is a U.S. equity index fund that tracks the Standard & Poor's 500 Index. 20% of PLFMX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 99% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2026 Q1
The Fund seeks long-term growth of capital.
The fund invests in all securities of the S&P 500 Index in the same proportions as the Index, employing a replication strategy to track large-cap U.S. equities. Because the fund holds the full constituent set, its returns will closely mirror the Index. The fund may operate as non-diversified solely to the extent the Index itself is non-diversified, which means a single issuer's price movement could produce larger swings in fund share price than would occur in a more diversified fund.
| Share class | Expense ratio |
|---|---|
| PLFMX | 0.66% |
| PLFPX | 0.35% |
| PLFIX | 0.10% |
| PSPJX | 0.27% |
| PLSAX | 0.31% |
Portfolio turnover 4.20% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.48% |
| Cash & short-term | 0.46% |
| Derivatives | 0.01% |
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 | 34.7% |
| Financials | 11.9% |
| Communication Services | 10.9% |
| Consumer Discretionary | 9.9% |
| 10 smaller | 32.6% |
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 |
|---|---|---|---|---|---|
| — | — | — | — | — | |
| +30.21% | +76.42% | +78.85% | 13.41% | -8.43% | |
| +30.53% | +78.01% | +81.61% | 13.41% | -8.34% | |
| — | — | — | — | — | |
| +30.94% | +79.36% | +83.94% | 13.41% | -8.26% | |
| +30.70% | +78.44% | +82.30% | 13.42% | -8.36% | |
| +30.64% | +78.21% | +81.84% | 13.41% | -8.36% |
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 | 7.78% | $199.57 | $1.02B | 5.1M |
| AAPL | Apple IncAAPL | 6.39% | $271.35 | $838.84M | 3.1M |
| MSFT | Microsoft CorpMSFT | 4.86% | $407.78 | $637.60M | 1.6M |
| AMZN | Amazon.com IncAMZN | 4.15% | $265.06 | $545.22M | 2.1M |
| GOOGL | Alphabet Inc - A SharesGOOGL | 3.59% | $384.80 | $471.73M | 1.2M |
| AVGO | Broadcom IncAVGO | 3.17% | $417.43 | $416.74M | 998.4K |
| GOOG | Alphabet Inc - C SharesGOOG | 2.87% | $381.94 | $376.12M | 984.8K |
| META | Meta Platforms IncMETA | 2.15% | $611.91 | $281.81M | 460.5K |
| TSLA | Tesla IncTSLA | 1.72% | $381.63 | $226.00M | 592.2K |
| BRK/B | Berkshire Hathaway Inc - Class BBRK/B | 1.39% | $473.60 | $182.87M | 386.1K |
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 38.08% of net assets, top 25 50.79%, across 507 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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