NASDAQ | ETF
Under normal circumstances, the fund primarily invests in equity securities, focusing on value stocks.
For security selection and portfolio construction, Principal Global Investors, LLC (PGI) uses a proprietary quantitative model designed to identify equity securities of mid- to large-capitalization companies in the S&P 500 Index that exhibit higher degrees of shareholder yield (meaning how much money a company distributes to shareholders through dividends and share repurchases).
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| AAPL | Apple Inc | Technology | Consumer Electronics | 4.05% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 4.00% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 2.07% |
| HD | Home Depot Inc | Consumer Cyclical | Home Improvement Retail | 1.64% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 1.59% |
| ACN | Accenture plc | Technology | Information Technology Services | 1.32% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 1.24% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 1.23% |
| ABT | Abbott Laboratories | Healthcare | Medical Devices | 1.21% |
| LIN | Linde PLC | Basic Materials | Chemicals | 1.20% |
| QCOM | Qualcomm Incorporated | Technology | Semiconductors | 1.20% |
| CMCSA | Comcast Corp | Communication Services | Telecom Services | 1.07% |
| UNP | Union Pacific Corporation | Industrials | Railroads | 1.04% |
| CAT | Caterpillar Inc | Industrials | Farm & Heavy Construction Machinery | 1.04% |
| TXN | Texas Instruments Incorporated | Technology | Semiconductors | 1.02% |
| ALL | The Allstate Corporation | Financial Services | Insurance - Property & Casualty | 1.01% |
| PLD | Prologis Inc | Real Estate | REIT - Industrial | 0.99% |
| LOW | Lowe's Companies Inc | Consumer Cyclical | Home Improvement Retail | 0.98% |
| CB | Chubb Ltd | Financial Services | Insurance - Property & Casualty | 0.97% |
| CVS | CVS Health Corp | Healthcare | Healthcare Plans | 0.93% |