UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_____________________________

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of

The Securities Exchange Act of 1934

(Amendment No. )

_____________________________

Filed by the Registrant [X]

Filed by a Party other than the Registrant [ ]

Check the appropriate box:

[X]    Preliminary Proxy Statement

[ ]    Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

[ ]    Definitive Proxy Statement

[ ]    Definitive Additional Materials

[ ]    Soliciting Material Pursuant to Section 240.14a-12

PRINCIPAL FUNDS, INC.

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check all the boxes that apply):

[X]    No fee required.

[ ]    Fee paid previously with preliminary materials.

[ ]    Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.

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Principal Funds, Inc. 711 High Street, Des Moines, IA 50392 515 247 5111 tel

March 6, 2023

Dear Shareholder:

We cordially invite you to attend a joint annual meeting of shareholders (including any adjournments or postponements, the "Meeting") of each series of Principal Funds, Inc. (“PFI”), Principal Variable Contracts Funds, Inc. ("PVC"), Principal Exchange-Traded Funds ("PETF"), and of the Principal Diversified Select Real Asset Fund ("PDSRA"), all investment companies registered under the Investment Company Act of 1940, as amended, and advised by Principal Global Investors, LLC, on April 26, 2023 at 10:00 a.m. Central Time, at 801 Grand Avenue, Des Moines, Iowa 50392.

The enclosed proxy materials relate to only PFI and are being sent only to the PFI shareholders that owned shares of any series of PFI (each, a "Fund" and, collectively, the "Funds") as of the close of business on February 27, 2023, the record date for the Meeting (the "Record Date"). PFI shareholders that owned shares of any series of PVC or PETF, or shares of PDSRA, as of the Record Date will separately receive proxy materials for PVC and/or PETF and/or PDSRA. References in these proxy materials to a "Fund" or the "Funds" and the "Board of Directors" are to PFI Fund(s) and the PFI Board of Directors, respectively, unless otherwise indicated.

The purpose of the Meeting for PFI shareholders is to elect the Board of Directors, including four nominees for Independent Director who have not previously been elected by shareholders and two nominees for new Interested Director, and to consider one other proposal, in addition to the transaction of such other business as may properly come before the Meeting.

Proposal Affecting All Funds. Shareholders of all Funds are being asked to:

•Elect thirteen Directors as members of the Board of Directors.

Proposal Affecting Only Certain Funds. Shareholders of all Funds, except Global Sustainable Listed Infrastructure Fund, are being asked to:

•Approve the ability of Principal Global Investors, LLC to enter into and/or materially amend agreements with all sub-advisors, regardless of the degree of affiliation, as described in the proposal, on behalf of the Fund without obtaining shareholder approval (all Funds except for Global Sustainable Listed Infrastructure Fund).

Enclosed you will find PFI’s Notice of Joint Annual Meeting of Shareholders, a Proxy Statement, and the proxy card(s) for shares of each Fund you owned as of the close of business on the Record Date. The Proxy Statement provides background information and describes in detail the proposals to be voted on at the Meeting.

The PFI Board of Directors has voted in favor of all the proposals and recommends that you vote “For” all the proposals.

For your shares to be voted at the Meeting, we urge you to read the Proxy Statement and then vote your shares in one of the following three ways:

By Internet: Follow the instructions located on your proxy card(s). Be sure you have your control number, as printed on your proxy card(s), available when you call.

By Phone: The phone number is located on your proxy card(s). Be sure you have your control number, as printed on your proxy card(s), available when you call.

By Mail: Vote, sign, and date your proxy card(s) and return in the postage-paid envelope provided in this proxy package, allowing sufficient time for receipt prior to the Meeting.

You may also vote your shares in person at the Meeting. Shareholders may call 1-833-290-2605 to obtain instructions on how to attend the Meeting and vote their shares in person.

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We appreciate you taking the time to respond to this matter. Your vote is important. If you have questions regarding the Meeting or these proxy materials, please call 1-833-290-2605.

			Sincerely,
			Kamal Bhatia
			President and Chief Executive Officer

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PRINCIPAL FUNDS, INC.

711 High Street

Des Moines, Iowa 50392 

NOTICE OF JOINT ANNUAL MEETING OF SHAREHOLDERS

Blue Chip			LargeCap Value III			Principal LifeTime Hybrid 2020
Bond Market Index			MidCap			Principal LifeTime Hybrid 2025
California Municipal			MidCap Growth			Principal LifeTime Hybrid 2030
Capital Securities			MidCap Growth III			Principal LifeTime Hybrid 2035
Core Fixed Income			MidCap S&P 400 Index			Principal LifeTime Hybrid 2040
Core Plus Bond			MidCap Value I			Principal LifeTime Hybrid 2045
Diversified Income (formerly, Global Diversified Income)			Money Market			Principal LifeTime Hybrid 2050
Diversified International			Opportunistic Municipal			Principal LifeTime Hybrid 2055
Diversified Real Asset			Origin Emerging Markets			Principal LifeTime Hybrid 2060
Edge MidCap			Overseas			Principal LifeTime Hybrid 2065
Equity Income			Principal Capital Appreciation			Real Estate Securities
Finisterre Emerging Markets Total Return Bond			Principal LifeTime Strategic Income			SAM Balanced*
Global Emerging Markets (formerly, International Emerging Markets)			Principal LifeTime 2010			SAM Conservative Balanced*
Global Multi-Strategy			Principal LifeTime 2015			SAM Conservative Growth*
Global Real Estate Securities			Principal LifeTime 2020			SAM Flexible Income*
Global Sustainable Listed Infrastructure			Principal LifeTime 2025			SAM Strategic Growth*
Government & High Quality Bond			Principal LifeTime 2030			Short-Term Income
Government Money Market			Principal LifeTime 2035			SmallCap
High Income			Principal LifeTime 2040			SmallCap Growth I
High Yield			Principal LifeTime 2045			SmallCap S&P 600 Index
Inflation Protection			Principal LifeTime 2050			SmallCap Value II
International I			Principal LifeTime 2055			Small-MidCap Dividend Income
International Equity Index			Principal LifeTime 2060			Small-MidCap Growth
International Small Company			Principal LifeTime 2065			Spectrum Preferred and Capital Securities Income
LargeCap Growth I			Principal LifeTime Hybrid Income			Tax-Exempt Bond
LargeCap S&P 500 Index			Principal LifeTime Hybrid 2015

* Strategic Asset Management (SAM) Portfolio.

To the Shareholders:

A joint annual meeting of shareholders of each series of Principal Funds, Inc. ("PFI"), Principal Variable Contracts Funds, Inc., and Principal Exchange-Traded Funds, and of the Principal Diversified Select Real Asset Fund, will be held at 801 Grand Avenue, Des Moines, Iowa 50392 on April 26, 2023 at 10:00 a.m. Central Time (including any adjournments or postponements, the “Meeting”). For PFI, the Meeting is being held to consider and vote on the following matters, as well as any other business that may properly come before the Meeting:

1.Election of the Board of Directors. (Shareholders of all Funds).

2.Approve the ability of Principal Global Investors, LLC to enter into and/or materially amend agreements with all sub-advisors, regardless of the degree of affiliation, as described in the proposal, on behalf of the Fund without obtaining shareholder approval. (Shareholders of all Funds, except Global Sustainable Listed Infrastructure Fund).

A Proxy Statement providing information about the above proposals to be voted on at the Meeting is included with this Notice.

Each shareholder of record as of the close of business on February 27, 2023, the record date for the Meeting, is entitled to notice of and to vote at the Meeting. Shareholders may vote their shares, change their vote, and revoke their proxy at any time before it is voted at the Meeting by following the procedures outlined in the accompanying Proxy Statement.

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The PFI Board of Directors has voted in favor of all the proposals and recommends that you vote “For” all the proposals.

Your vote is important. No matter how many shares you own, please vote. If you own shares in more than one Fund, you may receive a separate proxy card for each Fund, and you need to return all of the proxy cards (or follow the instructions to vote by telephone or by Internet) To save your Fund(s) from incurring the cost of additional solicitations, please review the materials and vote today.

			For the Board of Directors
			Beth C. Wilson
			Vice President and Secretary
			Dated:  March 6, 2023

  

Important Notice Regarding Availability of Proxy Materials for the Joint Annual Meeting of Shareholders to be Held on April 26, 2023.

The Notice of Joint Annual Meeting of Shareholders, Proxy Statement, and Form of Proxy Card are available on the Internet at https://proxyvotinginfo.com/p/principal2023.

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TABLE OF CONTENTS

						Page
Introduction						3
Voting Information						4
Proposal 1			Election of the Board of Directors.			6
Proposal 2			Approve the ability of Principal Global Investors, LLC to enter into and/or materially amend agreements with all sub-advisors, regardless of the degree of affiliation, as defined in the proposal, on behalf of the Fund without obtaining shareholder approval			19
Independent Registered Public Accounting Firm						23
Other Matters						27
Appendix A			Outstanding Shares and Share Ownership			A-1
Appendix B			Audit Committee Charter			B-1

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PRINCIPAL FUNDS, INC.

711 High Street

Des Moines, Iowa 50392

 

PROXY STATEMENT

JOINT ANNUAL MEETING OF SHAREHOLDERS

TO BE HELD APRIL 26, 2023 

_________________

INTRODUCTION

Each series of Principal Funds, Inc. (“PFI”), Principal Variable Contracts Funds, Inc. ("PVC"), Principal Exchange-Traded Funds ("PETF"), and Principal Diversified Select Real Asset Fund ("PDSRA"), will hold a joint annual meeting of shareholders on April 26, 2023 at 10:00 a.m. Central Time, at 801 Grand Avenue, Des Moines, Iowa 50392 (including any adjournments or postponements, the “Meeting”). This Proxy Statement and the accompanying form of proxy card(s) relate to PFI only and are being sent to PFI shareholders on or about March 13, 2023. Separate proxy materials for each of PVC, PETF, and PDSRA are being sent to PVC, PETF, and PDSRA shareholders, respectively.

PFI is a Maryland corporation and an open-end management investment company registered with the Securities and Exchange Commission (“SEC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). PFI currently offers the following 77 separate series (each, a “Fund” and, collectively, the “Funds”):

Blue Chip*			LargeCap Value III			Principal LifeTime Hybrid 2020
Bond Market Index*			MidCap			Principal LifeTime Hybrid 2025
California Municipal			MidCap Growth			Principal LifeTime Hybrid 2030
Capital Securities*			MidCap Growth III			Principal LifeTime Hybrid 2035
Core Fixed Income			MidCap S&P 400 Index			Principal LifeTime Hybrid 2040
Core Plus Bond			MidCap Value I			Principal LifeTime Hybrid 2045
Diversified Income (formerly, Global Diversified Income)			Money Market			Principal LifeTime Hybrid 2050
Diversified International			Opportunistic Municipal*			Principal LifeTime Hybrid 2055
Diversified Real Asset*			Origin Emerging Markets*			Principal LifeTime Hybrid 2060
Edge MidCap*			Overseas			Principal LifeTime Hybrid 2065
Equity Income			Principal Capital Appreciation			Real Estate Securities
Finisterre Emerging Markets Total Return Bond			Principal LifeTime Strategic Income			SAM Balanced**
Global Emerging Markets (formerly, International Emerging Markets)			Principal LifeTime 2010			SAM Conservative Balanced**
Global Multi-Strategy*			Principal LifeTime 2015			SAM Conservative Growth**
Global Real Estate Securities			Principal LifeTime 2020			SAM Flexible Income**
Global Sustainable Listed Infrastructure*			Principal LifeTime 2025			SAM Strategic Growth**
Government & High Quality Bond			Principal LifeTime 2030			Short-Term Income
Government Money Market			Principal LifeTime 2035			SmallCap
High Income			Principal LifeTime 2040			SmallCap Growth I
High Yield			Principal LifeTime 2045			SmallCap S&P 600 Index
Inflation Protection			Principal LifeTime 2050			SmallCap Value II
International I			Principal LifeTime 2055			Small-MidCap Dividend Income*
International Equity Index*			Principal LifeTime 2060			Small-MidCap Growth*
International Small Company*			Principal LifeTime 2065			Spectrum Preferred and Capital Securities Income*
LargeCap Growth I			Principal LifeTime Hybrid Income			Tax-Exempt Bond
LargeCap S&P 500 Index			Principal LifeTime Hybrid 2015

*      These Funds have a fiscal year end of August 31. For all other Funds, the fiscal year end is October 31.

**     Strategic Asset Management (SAM) Portfolio.

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Principal Global Investors, LLC ("PGI") is the investment advisor and fund administrator to each Fund. Principal Funds Distributor, Inc. ("PFD") is the distributor for all share classes of each Fund. PGI and PFD are indirect, wholly owned subsidiaries of Principal Financial Group, Inc. (“PFG”). The address of PFD and PGI is in care of the Principal Financial Group, 711 High Street, Des Moines, Iowa 50392.

PFI will furnish, without charge, copies of its most recent annual and semi-annual shareholder reports to any shareholder upon request. To obtain a copy of a report, please contact PFI by calling the Shareholder Services Department toll free at 1-800-222-5852 or by writing to PFI at P.O. Box 219971, Kansas City, MO 64121-9971. Copies of each Fund's most recent annual and semi-annual shareholder reports can also be obtained at www.PrincipalAM.com/Prospectuses.

Summary of Proposals. The Meeting is being held to consider several proposals. The proposals to be voted upon, and the Funds to which each proposal applies, are set forth below.

Proposal

Applicable Funds

Proposal 1

Election of the Board of Directors.

Shareholders of all Funds

Proposal 2

Approve the ability of Principal Global Investors, LLC to enter into and/or materially amend agreements with all sub-advisors, regardless of the degree of affiliation, as described in the proposal, on behalf of the Fund without obtaining shareholder approval.

Shareholders of all Funds, except Global Sustainable Listed Infrastructure Fund

VOTING INFORMATION

Voting Procedures. This Proxy Statement is furnished in connection with the solicitation of proxies by the Board of Directors (the "Board") of PFI. Please vote your shares by returning the enclosed proxy card(s) in the enclosed postage-paid envelope or by following the instructions on the proxy card(s) for voting by telephone or Internet. Shareholders who wish to attend the Meeting in person may call 1-833-290-2605 to obtain instructions on how to attend the Meeting and vote their shares in person.

If you properly complete and return the enclosed proxy card(s) (or if you give your proxy by telephone or Internet), the persons named on the card(s) as proxies will vote your shares as you indicate on the card(s) (or as you instruct by telephone or Internet) or "For" approval of each proposal if you do not give an indication. You may change your vote and revoke your proxy at any time before it is voted at the Meeting in any of the following ways:

(i) by sending a written notice of revocation to the Meeting Secretary of Principal Funds, Inc., in care of the Principal Financial Group, 711 High Street, Des Moines, Iowa 50392;

(ii) by submitting another properly signed proxy card at a later date to the Meeting Secretary of Principal Funds, Inc., in care of the Principal Financial Group, 711 High Street, Des Moines, Iowa 50392;

(iii) by submitting another proxy by telephone or Internet at a later date; or

(iv) being present and voting in person at the Meeting after giving oral notice of the revocation to the Chair of the Meeting.

Voting Rights. Only shareholders of record as of the close of business on February 27, 2023 (the “Record Date”) are entitled to notice of and to vote at the Meeting. The shareholders of all Funds and all share classes will vote together on Proposal 1 regarding the election of Directors. The shareholders of each Fund, except Global Sustainable Listed Infrastructure Fund (which is not voting on Proposal 2), will vote together as a single class and not by separate classes on Proposal 2. You are entitled to one vote on each proposal submitted to the shareholders of a Fund for each share of that Fund you hold, and fractional votes for fractional shares held.

The affirmative vote of a plurality of the shares voted at the Meeting is required for the election of each Director under Proposal 1. This means that those nominees for Director receiving the highest number of votes cast at the Meeting will be elected. The nominees are running unopposed, so each nominee is expected to be elected as a Director because all nominees who receive votes in favor will be elected. Proposal 2 requires for approval the affirmative vote of a “majority of the outstanding voting securities,” which is defined in the 1940 Act to mean, with respect to a Fund, the affirmative vote of the lesser of (1) 67% or more of the voting securities of the Fund present in person or by proxy at the meeting of that Fund, if the holders of more than 50% of the outstanding voting securities of the Fund are present in person or by proxy, or (2) more than 50% of the outstanding voting

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securities of the Fund (such lesser amount being a “Majority of the Outstanding Voting Securities”). Under this definition, Proposal 2 could be approved by as little as approximately one-third of the outstanding voting securities of the Funds to which Proposal 2 applies.

The number of votes eligible to be cast at the Meeting with respect to each Fund as of the Record Date and other share ownership information are set forth in Appendix A to this Proxy Statement.

Quorum Requirements; Abstentions and Broker Non-Votes. A quorum must be present at the Meeting for the transaction of business by any Fund. For Proposal 1, the presence in person or by proxy of one-third of the shares of PFI outstanding as of the close of business on the Record Date constitutes a quorum. For Proposal 2, the presence in person or by proxy of one-third of the shares of each Fund (except Global Sustainable Listed Infrastructure Fund, the shareholders of which are not voting on Proposal 2) outstanding as of the close of business on the Record Date constitutes a quorum for a meeting of that Fund.

Abstentions, if any, will be considered present for purposes of determining the existence of a quorum but will be disregarded in determining the votes cast on a proposal. As a result, with respect to (i) Proposal 1 requiring the affirmative vote of a plurality of shares cast at the Meeting, abstentions will have no effect on the outcome of such proposal, and (ii) Proposal 2 requiring the affirmative vote of a Majority of the Outstanding Voting Securities, as defined above, abstentions will have the effect of a vote against such proposals.

Broker non-votes, if any, will also be considered present for purposes of determining the existence of a quorum. The Funds understand that, under the rules of the New York Stock Exchange, brokers and nominees may, for certain "routine" matters, grant certain discretionary authority to the proxies identified on the proxy card to vote without instructions from their customers if no instructions have been received prior to the date specified in the broker's or nominee's requests for voting instructions. A broker non-vote occurs when a broker or nominee indicates it has not received voting instructions from a shareholder and is barred from voting the shares without such shareholder instructions because the proposal is considered non-routine under the rules of the New York Stock Exchange. Proposal 2 may be considered non-routine, so your broker or nominee likely will not be permitted to vote your shares if it has not received instructions from you, resulting in broker non-votes. A broker non-vote on Proposal 2 will have the same effect as a vote against such proposal. Proposal 1 is considered routine under the rules of the New York Stock Exchange, so if you do not give your broker or nominee voting instructions on this proposal, your broker or nominee may vote your shares in its discretion, resulting in no broker non-votes. However, if your broker or nominee does not exercise such discretion and a broker non-vote results, such broker non-vote will have no effect on the outcome of Proposal 1.

If the necessary quorum to transact business or the vote required to approve a proposal is not obtained at the Meeting, the persons named as proxies or any shareholder present at the Meeting may propose one or more adjournments of the Meeting as to one or more proposals in accordance with applicable law to permit further solicitation of proxies. Any such adjournment as to a proposal or any other matter with respect to a Fund will require the affirmative vote of the holders of a majority of the shares of the Fund present in person or by proxy at the Meeting. The persons named as proxies and any shareholder present at the Meeting will vote for or against any adjournment in their discretion.

Solicitation Procedures. PFI intends to solicit proxies by mail. Officers or employees of PFI, PGI, or their affiliates may make additional solicitations by telephone, Internet, or personal contact. They will not be specially compensated for these services. Brokerage houses, banks, and other fiduciaries may be requested to forward soliciting materials to their customers and to obtain authorization for the execution of proxies. For those services, PFI will reimburse them for their out-of-pocket expenses. PFI has retained the services of a professional proxy soliciting firm, DiCosta Partners, to assist in soliciting proxies and provide other services in connection therewith and estimates that the aggregate cost of such services will be approximately $8,067,000.

Expenses of the Meeting. The Funds will pay the expenses of the Meeting, including those associated with the preparation and distribution of proxy materials and the solicitation of proxies. The expenses will be allocated to the Fund(s) generating the expense, based on the number of shareholder accounts.

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PROPOSAL 1

ELECTION OF THE BOARD OF DIRECTORS

(Shareholders of all Funds)

At its January 26, 2023, meeting, the Board named the thirteen persons listed below as nominees for election as Directors. Eleven of the nominees currently serve as Directors. The other nominees, Kamal Bhatia and Kenneth McCullum, each will become a Director immediately if elected as a Director at the Meeting. If elected, Mr. Bhatia will fill the vacancy on the Board created by the departure of Timothy Dunbar, who will retire effective at the end of the Meeting.

Each nominee has agreed to be named in this Proxy Statement and to serve if elected. The Board has no reason to believe that any of the nominees will become unavailable for election as a Director. However, if that should occur before the Meeting, your proxy will be voted for the individual(s) recommended by the Board to fill each resulting vacancy.

The following table presents certain information regarding PFI's Directors and the new nominees, including their principal occupations (which, unless specific dates are shown, are of more than five years duration) and other directorships held in reporting companies under the Securities Exchange Act of 1934 or registered investment companies under the 1940 Act. Mr. Dunbar is not standing for re-election at the Meeting because he is retiring from the Board effective at the end of the Meeting. Information is listed separately for those Directors and nominees who are “interested persons” (as defined in the 1940 Act) of PFI (the “Interested Directors”) and those Directors and nominees who are not interested persons of PFI (the “Independent Directors”). Four of the nominees for Independent Director, Mr. Hymes, Mr. Lattimer, Ms. Dryer, and Ms. Grieb, have not previously been elected Directors by PFI's shareholders. The Board’s Nominating and Governance Committee, composed of four of PFI’s Independent Directors, selected and nominated Mr. Hymes, Mr. Lattimer, Ms. Dryer, and Ms. Grieb as candidates for Director upon the recommendations of one or more of the Directors or with the assistance of a professional search firm. The two new nominees for Interested Director, Mr. Bhatia and Mr. McCullum, have not previously served as Directors, and both were selected and nominated as candidates for Director upon the recommendations of PGI, PFI's investment advisor.

All individuals who are current PFI Directors also serve as Directors of PVC, another mutual fund advised by PGI; as trustees of PETF, an exchange-traded fund advised by PGI; and as trustees of PDSRA, an interval fund advised by PGI. All individuals who are nominees as PFI Directors are also currently standing as nominees for election as directors or trustees, as applicable, of PVC, PETF, and PDSRA and, if elected by those respective shareholders, will serve as directors or trustees, as applicable, of PVC, PETF, and PDSRA. If the same individuals are not elected by the shareholders of each of PFI, PVC, PETF, and PDSRA, the compositions of those boards will differ. PFI, PVC, PETF, and PDSRA (collectively, the “Fund Complex”) currently offer shares of a combined total of 130 funds.

Each Director generally will serve until the next annual meeting of shareholders or until such Director’s earlier death, resignation, or removal. Independent Directors have a 72-year age limit and, for Independent Directors elected on or after September 14, 2021, a 72-year age limit or a 15-year term limit, whichever occurs first. The Board may waive the age or term limits in the Board’s discretion. Pursuant to this policy, Messrs. Barnes and Hirsch are expected to retire in December 2023.

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INDEPENDENT BOARD MEMBERS and NOMINEES

Name, Address, and Year of Birth

Board Positions Held with Fund Complex

Principal Occupation(s) During Past 5 Years

Number of Portfolios Overseen in Fund Complex

Other Directorships Held During Past 5 Years

Leroy T. Barnes, Jr. 711 High Street Des Moines, IA 50392 1951

Director, PFI and PVC (since 2012) Trustee, PETF (since 2014) Trustee, PDSRA (since 2019)

Retired

130

McClatchy Newspapers, Inc. (2000 - 2020); Frontier Communications, Inc.(2005 - 2019)

Craig Damos 711 High Street Des Moines, IA 50392 1954

Lead Independent Board Member (since 2020) Director, PFI and PVC (since 2008) Trustee, PETF (since 2014) Trustee, PDSRA (since 2019)

President, C.P. Damos Consulting LLC (consulting services)

130

None

Katharin S. Dyer 711 High Street Des Moines, IA 50392 1957

Director, PFI and PVC (since 2023) Trustee, PETF and PDSRA (since 2023

Founder and Chief Executive Officer, Pivotwise (consulting services) Global Partner, IBM (technology company) from 2016-2018

130

Liquidity Services, Inc. (2020 - present)

Frances P. Grieb 711 High Street Des Moines, IA 50392 1960

Director, PFI and PVC (since 2023) Trustee, PETF and PDSRA (since 2023

Retired

130

First Interstate BancSystems, Inc. (2022 - present) Great Western Bancorp, Inc. and Great Western Bank (2014 - 2022)

Fritz S. Hirsch 711 High Street Des Moines, IA 50392 1951

Director, PFI and PVC (since 2005) Trustee, PETF (since 2014) Trustee, PDSRA (since 2019)

Interim CEO, MAM USA (manufacturer of infant and juvenile products) February 2020 to October 2020,

130

MAM USA (2011 - present)

Victor L. Hymes 711 High Street Des Moines, IA 50392 1957

Director, PFI and PVC (since 2020) Trustee, PDSRA and PETF (since 2020)

Founder, CEO, and Chief Investment Officer, Legato Capital Management, LLC (investment management company)

130

None

Padelford L. Lattimer 711 High Street Des Moines, IA 50392 1961

Director, PFI and PVC (since 2020) Trustee, PDSRA and PETF (since 2020)

Managing Partner, TBA Management Consulting LLC (management consulting and staffing company)

130

None

Karen McMillan 711 High Street Des Moines, IA 50392 1961

Director, PFI and PVC (since 2014) Trustee, PETF (since 2014) Trustee, PDSRA (since 2019)

Founder/Owner, Tyche Consulting LLC (consulting services) Managing Director, Patomak Global Partners, LLC (financial services consulting) from 2014-2021

130

None

Elizabeth A. Nickels 711 High Street Des Moines, IA 50392 1962

Director, PFI and PVC (since 2015) Trustee, PETF (since 2015) Trustee, PDSRA (since 2019)

Retired

130

SpartanNash (2000 - 2022)

Mary M. VanDeWeghe 711 High Street Des Moines, IA 50392 1959

Director, PFI and PVC (since 2018) Trustee, PETF (since 2018) Trustee, PDSRA (since 2019)

CEO and President, Forte Consulting, Inc. (financial and management consulting)

130

Helmerich & Payne (2019 - present);  Denbury Resources Inc. ( 2019 - 2020)

The following Directors are considered to be Interested Directors because they are affiliated persons of PGI, PFD, or Principal Securities, Inc. ("PSI"), PFI's former principal underwriter.

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INTERESTED BOARD MEMBERS and NOMINEES

Name, Address, and Year of Birth

Board Positions Held with Fund Complex

Positions with PGI and its affiliates; Principal Occupation(s) During Past 5 Years** (unless noted otherwise)

Number of Portfolios Overseen in Fund Complex

Other Directorships Held During Past 5 Years

Kamal Bhatia 711 High Street Des Moines, IA 50392 1972

President and Chief Executive Officer (since 2019)

PGI Director (since 2019) President-Principal Funds (since 2019) PFD Director (since 2019) PFGI, PFSI, and PLIC Senior Executive Director and Chief Operating Officer - PAM (since 2022) Senior Executive Director and Chief Operating Officer - PGI (2020-2022) President-Principal Funds (2019-2020) Post Director (since 2020) Principal-REI Senior Executive Director and Chief Operating Officer - PGI (since 2022) Director (since 2020) PSS Executive Vice President (since 2019) Director and Chair (2019-2022) Spectrum Director (since 2021) Origin Additional Director (since 2022) Oppenheimer Funds Senior Vice President (2011-2019)

130

None

Patrick G. Halter 711 High Street Des Moines, IA 50392 1959

Director, PFI and PVC (since 2017) Trustee, PETF (since 2017) Trustee, PDSRA (since 2019)

PGI Chair (since 2018) Chief Executive Officer and President (since 2018) Director (since 2003) PFGI, PFSI, and PLIC President and Chief Executive Officer - PAM (since 2022) President - PGAM (2020-2022) Post Director (since 2017) Chair (2017-2020) Principal-REI President - PGAM (since 2022) Director and Chair (since 2004) Chief Executive Officer and President (2018-2021) Origin Director (2018-2019)

130

None

Kenneth A. McCullum 711 High Street Des Moines, IA 50392 1964

PFSI Senior Vice President (since 2020) Vice President and Chief Actuary (2015-2020) PLIC Senior Vice President and Chief Risk Officer (since 2020) Vice President and Chief Actuary (2015-2020)

130

None

*Abbreviations used:
Origin Asset Management LLP (Origin)			Principal Global Investors, LLC (PGI)
Post Advisory Group, LLC (Post)			Principal Life Insurance Company (PLIC)
Principal Asset Management (PAM)			Principal Real Estate Investors, LLC (Principal - REI)
Principal Financial Group, Inc. (PFGI)			Principal Securities, Inc. (PSI)
Principal Financial Services, Inc. (PFSI)			Principal Shareholder Services, Inc. (PSS)
Principal Funds Distributor, Inc. (PFD)			Spectrum Asset Management, Inc. (Spectrum)
Principal Global Asset Management (PGAM)

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Correspondence intended for the Board or for an individual Director may be sent to the attention of the Board or the individual Director at 711 High Street, Des Moines, Iowa 50392. All communications addressed to the Board or to an individual Director received by PFI are forwarded to the full Board or to the individual Director.

Officers of PFI

The following table presents certain information regarding the current officers of PFI, including their principal occupations (which, unless specific dates are shown, are of more than five years duration). Officers serve at the pleasure of the Board. Each PFI officer holds the same position with PVC, PETF, and PDSRA.

FUND COMPLEX OFFICERS
Name, Address and Year of Birth			Position(s) Held with Fund Complex			Positions with PGI and its Affiliates; Principal Occupations During Past 5 Years**
Kamal Bhatia 711 High Street Des Moines, IA 50392 1972			President and Chief Executive Officer    (since 2019)			PGI Director (since 2019) President-Principal Funds (since 2019) PFD Director (since 2019) PFGI, PFSI, and PLIC Senior Executive Director and Chief Operating Officer - PAM (since 2022) Senior Executive Director and Chief Operating Officer - PGI (2020-2022) President-Principal Funds (2019-2020) Post Director (since 2020) Principal-REI Senior Executive Director and Chief Operating Officer - PGI (since 2022) Director (since 2020) PSS Executive Vice President (since 2019) Director and Chair (2019-2022) Spectrum Director (since 2021) Origin Additional Director (since 2022) Oppenheimer Funds Senior Vice President (2011-2019)
Randy D. Bolin 711 High Street Des Moines, IA 50392 1961			Assistant Tax Counsel (since 2020)			Vice President/Associate General Counsel, PGI (since 2016) Vice President/Associate General Counsel, PFSI (since 2013) Vice President/Associate General Counsel, PLIC (since 2013)
Beth Graff 711 High Street Des Moines, IA 50392 1968			Vice President and Assistant Controller (since 2021)			Director – Fund Accounting, PLIC (since 2016)
Gina L. Graham 711 High Street Des Moines, IA 50392 1965			Treasurer (since 2016)			Vice President and Treasurer, PGI (since 2016) Vice President and Treasurer, PFD (since 2016) Vice President and Treasurer, PFSI (since 2016) Vice President and Treasurer, PLIC (since 2016) Vice President and Treasurer, Principal - REI (since 2017) Vice President and Treasurer, PSI (since 2016) Vice President and Treasurer, PSS (since 2016) Vice President and Treasurer, RobustWealth, Inc. (since 2018)
Megan Hoffmann 711 High Street Des Moines, IA 50392 1979			Vice President and Controller (since 2021)			Director – Accounting, PLIC (since 2020) Assistant Director – Accounting, PLIC (2017-2020)
Laura B. Latham 711 High Street Des Moines, IA 50392 1986			Assistant Counsel and Assistant Secretary    (since 2018)			Counsel, PGI (since 2018) Counsel, PLIC (since 2018)
Diane K. Nelson 711 High Street Des Moines, IA 50392 1965			AML Officer (since 2016)			Chief Compliance Officer/AML Officer, PSS (since 2015)

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FUND COMPLEX OFFICERS
Name, Address and Year of Birth			Position(s) Held with Fund Complex			Positions with PGI and its Affiliates; Principal Occupations During Past 5 Years**
Tara Parks 711 High Street Des Moines, IA 50392 1983			Vice President and Assistant Controller (since 2021)			Director – Accounting, PLIC (since 2019) Tax Manager – ALPS Fund Services (2011 – 2019)
Deanna Y. Pellack 711 High Street Des Moines, IA 50392 1987			Assistant Counsel and Assistant Secretary (since 2022)			Counsel, PLIC (since 2022) Vice President, The Northern Trust Company (2019-2022) Second Vice President, The Northern Trust Company (2014-2019) Secretary, Advisers Investment Trust (2021-2022) Assistant Secretary, Advisers Investment Trust (2018-2021)
Sara L. Reece 711 High Street Des Moines, IA 50392 1975			Vice President and Chief Operating Officer (since 2021) Vice President and Controller (2016-2021)			Managing Director – Global Fund Ops, PLIC (since 2021) Managing Director – Financial Analysis/ Planning, PLIC (2021) Director – Accounting, PLIC (2015-2021)
Teri R. Root 711 High Street Des Moines, IA 50392 1979			Chief Compliance Officer (since 2018) Interim Chief Compliance Officer (2018) Deputy Chief Compliance Officer    (2015-2018)			Chief Compliance Officer - Funds, PGI (since 2018) Vice President, PSS (since 2015)
Michael Scholten 711 High Street Des Moines, IA 50392 1979			Chief Financial Officer (since 2021)			Chief Operations Officer, PFD (since 2022) Chief Financial Officer, PFD (2016-2022) Assistant Vice President and Actuary, PLIC (since 2021) Chief Financial Officer – Funds/Platforms, PLIC (since 2015) Chief Financial Officer, PSS (since 2015)
Adam U. Shaikh 711 High Street Des Moines, IA 50392 1972			Assistant Secretary (since 2022) Assistant Counsel (since 2006)			Assistant General Counsel, PGI (since 2018) Counsel, PLIC (since 2006)
John L. Sullivan 711 High Street Des Moines, IA 50392 1970			Assistant Counsel and Assistant Secretary    (since 2019)			Counsel, PGI (since 2020) Counsel, PLIC (since 2019) Prior thereto, Attorney in Private Practice
Dan L. Westholm 711 High Street Des Moines, IA 50392 1966			Assistant Treasurer (since 2006)			Assistant Vice President-Treasury, PGI (since 2013) Assistant Vice President-Treasury, PFD (since 2013) Assistant Vice President-Treasury, PLIC (since 2014) Assistant Vice President-Treasury, PSI (since 2013) Assistant Vice President-Treasury, PSS (since 2013)
Beth C. Wilson 711 High Street Des Moines, IA 50392 1956			Vice President and Secretary (since 2007)			Director and Secretary-Funds, PLIC (since 2007)

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FUND COMPLEX OFFICERS
Name, Address and Year of Birth			Position(s) Held with Fund Complex			Positions with PGI and its Affiliates; Principal Occupations During Past 5 Years**
Clint L. Woods 711 High Street Des Moines, IA 50392 1961			Counsel, Vice President, and    Assistant Secretary (since 2018) Of Counsel (2015-2018)			PGI Vice President, Associate General Counsel, and Assistant Secretary (since 2021) Vice President, Associate General Counsel, and Secretary (2020-2021) Vice President, Associate General Counsel, Governance Officer, and Assistant Corporate Secretary (2018-2020) PFD Vice President, Associate General Counsel, and Secretary (since 2021) Vice President, Associate General Counsel, and Assistant Corporate Secretary (2019-2021) PFSI Vice President, Associate Counsel, Governance Officer, and Assistant Corporate Secretary (since 2015) PLIC Vice President, Associate General Counsel, Governance Officer, and Assistant Corporate Secretary (since 2015) Post Assistant Secretary (since 2021) Secretary (2020-2021) Principal-REI Vice President, Associate General Counsel, Governance Officer, and Secretary (since 2020) Vice President, Associate Counsel, Governance Officer, and Assistant Corporate Secretary (2020) PSI Vice President, Associate General Counsel, and Secretary (2021-2022) Vice President, Associate General Counsel, and Assistant Corporate Secretary (2019-2021) PSS Vice President, Associate General Counsel, and Secretary (since 2021) Vice President, Associate General Counsel, and Assistant Corporate Secretary (2019-2021) RobustWealth, Inc. Vice President, Associate General Counsel, and Assistant Corporate Secretary (since 2019) Spectrum Assistant Secretary (since 2021) Secretary (2020-2021)
Jared A. Yepsen 711 High Street Des Moines, IA 50392 1981			Assistant Tax Counsel (since 2017)			Counsel, PGI (2017-2019) Counsel, PLIC (since 2015)

*Abbreviations used:
Origin Asset Management LLP (Origin)			Principal Global Investors, LLC (PGI)
Post Advisory Group, LLC (Post)			Principal Life Insurance Company (PLIC)
Principal Asset Management (PAM)			Principal Real Estate Investors, LLC (Principal - REI)
Principal Financial Group, Inc. (PFGI)			Principal Securities, Inc. (PSI)
Principal Financial Services, Inc. (PFSI)			Principal Shareholder Services, Inc. (PSS)
Principal Funds Distributor, Inc. (PFD)			Spectrum Asset Management, Inc. (Spectrum)
Principal Global Asset Management (PGAM)

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Leadership Structure of the Board of Directors

The Board is responsible for overseeing PFI's operations in accordance with the 1940 Act, other applicable laws, and PFI's charter. In addition to serving on the PFI Board, each Director serves on the PVC Board, the PETF Board, and the PDSRA Board. The Board elects the officers of PFI to supervise its day-to-day operations. The Board meets in regularly scheduled meetings eight times throughout the year. Board meetings may occur in-person, by telephone, or virtually. In addition, the Board holds special meetings or informal calls to discuss specific matters that may arise or require action between regularly scheduled meetings. Independent Directors also meet annually to consider renewal of PFI’s advisory contracts.

As of the Record Date, the Board is composed of twelve members, ten of whom are Independent Directors. As stated above, Mr. Dunbar has announced his intention to retire as member of the Board effective at the end of the Meeting. Mr. Bhatia will fill the Board vacancy created by Mr. Dunbar's retirement, effective immediately, if he is elected a Director at the Meeting. Following Mr. Dunbar's retirement and if all nominees are elected, the Board will be composed of thirteen members, ten of whom are Independent Directors.

Currently, the Chair of the Board, Timothy M. Dunbar is an interested person of PFI. The Independent Directors have appointed a lead Independent Director, currently Mr. Damos, whose role is to review and approve, with the Chair, each Board meeting's agenda and to facilitate communication between and among the Independent Directors, management, and the full Board. The Board’s leadership structure is appropriate for the Fund Complex given the characteristics and circumstances, including the number of portfolios, variety of asset classes, the net assets, and distribution arrangements. The appropriateness of this structure is enhanced by the establishment and allocation of responsibilities among the Board committees, which are described below and which report their activities to the Board on a regular basis. Following Mr. Dunbar's retirement at the end of the Meeting, the Board anticipates continuing its current governance structure with an interested Board Chair and a lead Independent Director.

Each Director and Director nominee has significant prior senior management and/or board experience. The Directors were selected to serve, and continue to serve, on the Board based upon their skills, experience, judgment, analytical ability, diligence, ability to work effectively with other Board members, a commitment to the interests of shareholders, and, for each Independent Director, a demonstrated willingness to take an independent and questioning view of management. In addition to these general qualifications, the Board seeks members who will build upon the Board's diversity. Below is a brief discussion of the specific education, experience, qualifications, or skills that led to the conclusion that each person identified below should serve as a Director. As required by rules adopted under the 1940 Act, the Independent Directors select and nominate all candidates for Independent Director positions.

Independent Board Members

Leroy T. Barnes, Jr. Mr. Barnes has served as an Independent Board Member of the Fund Complex since 2012. From 2001 to 2005, Mr. Barnes served as Vice President and Treasurer of PG&E Corporation. From 1997 to 2001, Mr. Barnes served as Vice President and Treasurer of Gap, Inc. Through his education, employment experience, and experience as a board member, Mr. Barnes is experienced with financial, accounting, regulatory and investment matters.

Craig Damos. Mr. Damos has served as an Independent Board Member of the Fund Complex since 2008. Since 2011, Mr. Damos has served as the President of C.P. Damos Consulting, LLC (doing business as Craig Damos Consulting). He has also served as a director of the employees' stock ownership plan of the Baker Group since 2020. Mr. Damos served as President and Chief Executive Officer of Weitz Company from 2006 to 2010; Vertical Growth Officer of Weitz Company from 2004 to 2006; and Chief Financial Officer of Weitz Company from 2000 to 2004. From 2005 to 2008, Mr. Damos served as a director of West Bank. Through his education, employment experience, and experience as a board member, Mr. Damos is experienced with financial, accounting, regulatory and investment matters.

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Katharin S. Dyer. Ms. Dyer has served as an Independent Board Member of the Fund Complex since January 2023. She is the founder and Chief Executive Officer of PivotWise, a firm providing strategic advice focused on digital transformation. Ms. Dyer currently serves as a director of Liquidity Services and the Grameen Foundation. She previously served as a director of Providence Health from 2019 to 2021, Noora Health from 2018 to 2021, YWCA of Nashville and Middle Tennessee from 2016 to 2022, and CARE from 2001 to 2013. She was formerly employed by IBM Global Services as a Global Partner and a member of the senior leadership team from 2016 to 2018. Ms. Dyer was a member of the Global Management Team at American Express Company from 2013 to 2015. Through her education, employment experience, and experience as a board member, Ms. Dyer is experienced with financial, information and digital technology, investment, and regulatory matters.

Frances P. Grieb. Ms. Grieb has served as an Independent Board Member of the Fund Complex since January 2023. Ms. Grieb currently serves as a director of First Interstate BancSystem, Inc. and the National Advisory Board of the College of Business at the University of Nebraska at Omaha. She is a member of the American Institute of Certified Public Accountants and the National Association of Corporate Directors. From 2014 to 2022, she served as a director of Great Western Bancorp, Inc. Ms. Grieb is a retired partner having served in various leadership roles at Deloitte LLP from 1982 to 2010. Ms. Grieb is a retired Certified Public Accountant. Through her education, employment experience, and experience as a board member, Ms. Grieb is experienced with financial, accounting, investment, and regulatory matters.

Fritz S. Hirsch. Mr. Hirsch has served as an Independent Board Member of the Fund Complex since 2005. From 2011 to 2015, Mr. Hirsch served as CEO of MAM USA. He served as President and Chief Executive Officer of Sassy, Inc. from 1986 to 2009, and Chief Financial Officer of Sassy, Inc. from 1983 to 1985. Through his education, employment experience, and experience as a board member, Mr. Hirsch is experienced with financial, accounting, regulatory and investment matters.

Victor L. Hymes. Mr. Hymes has served as an Independent Board Member of the Fund Complex since 2020. He currently serves as Founder, Chief Executive Officer, and Chief Investment Officer of Legato Capital Management, LLC. Over the past thirty years, Mr. Hymes has served in the roles of CEO, COO, CIO, portfolio manager and other senior management positions with investment management firms, including Zurich Scudder Investments, Inc., Goldman, Sachs & Co., and Kidder, Peabody & Co. Mr. Hymes has served on numerous boards, and has chaired four investment committees over the past two decades. Through his education, employment experience and experience as a board member, Mr. Hymes is experienced with financial, accounting, regulatory, and investment matters.

Padelford L. Lattimer. Mr. Lattimer has served as an Independent Board Member of the Fund Complex since 2020. He currently serves as Managing Partner for TBA Management Consulting LLC. For more than twenty years, Mr. Lattimer served in various capacities at financial services companies, including as a senior managing director for TIAA Cref Asset Management (2004-2010), First Vice President at Mellon Financial Corporation (2002-2004), and in product management roles at Citibank (2000-2002). Through his education, employment experience and experience as a board member, Mr. Lattimer is experienced with financial, regulatory and investment matters.

Karen McMillan. Ms. McMillan has served as an Independent Board Member of the Fund Complex since 2014. Ms. McMillan is the founder and owner of Tyche Consulting LLC. She served as a Managing Director of Patomak Global Partners, LLC from 2014 to 2021. From 2007 to 2014, Ms. McMillan served as general counsel to the Investment Company Institute. Prior to that (from 1999 to 2007), she worked as an attorney in private practice, specializing in the mutual fund industry. From 1991 to 1999, she served in various roles as counsel at the SEC, Division of Investment Management, including as Assistant Chief Counsel. Through her professional education, experience as an attorney, and experience as a board member, Ms. McMillan is experienced in financial, investment, and regulatory matters.

Elizabeth A. Nickels. Ms. Nickels has served as an Independent Board Member of the Fund Complex since 2015. From 2000 to 2022, Ms. Nickels served as a director of SpartanNash. From 2008 to 2017, she served as a director of the not-for-profit Spectrum Health System; from 2014 to 2016, she served as a director of Charlotte Russe; from 2014 to 2015, she served as a director of Follet Corporation; and from 2013 to 2015, she served as a director of PetSmart. Ms. Nickels was formerly employed by Herman Miller, Inc. in several capacities: from 2012 to 2014, as the Executive Director of the Herman Miller Foundation; from 2007 to 2012, as President of Herman Miller Healthcare; and from 2000 to 2007, as Chief Financial Officer. Through her education, employment experience, and experience as a board member, Ms. Nickels is experienced with financial, accounting, and regulatory matters.

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Mary M. VanDeWeghe. Ms. VanDeWeghe has served as an Independent Board Member of the Fund Complex since 2018. She is CEO and President of Forte Consulting, Inc., and was previously employed as a Finance Professor at Georgetown University from 2009 to 2016, Senior Vice President - Finance at Lockheed Martin Corporation from 2006 to 2009, a Finance Professor at the University of Maryland from 1996 to 2006, and in various positions at J.P. Morgan from 1983 to 1996. Ms. VanDeWeghe currently serves as a director of Helmerich & Payne (2019-present) and previously served as a director of Denbury Resources Inc. from 2019 to 2020, Brown Advisory from 2003 to 2018, B/E Aerospace from 2014 to 2017, WP Carey from 2014 to 2017, and Nalco (and its successor Ecolab) from 2009 to 2014. Through her education, employment experience, and experience as a board member, Ms. VanDeWeghe is experienced with financial, accounting, investment, and regulatory matters.

Interested Board Members

Kamal Bhatia. Mr. Bhatia serves as the Chief Operating Officer for Principal® Asset Management. He has served as President and Chief Executive Officer of the Fund Complex since 2019. Mr. Bhatia joined Principal® in 2019 and serves as a director of numerous Principal® affiliates. From 2011 to 2019 he was a Senior Vice President for Oppenheimer Funds. Mr. Bhatia is a CFA® charter holder. Through his education and experience, Mr. Bhatia is experienced with financial, marketing, regulatory, and investment matters.

Patrick G. Halter. Mr. Halter has served as a Board Member of the Fund Complex since 2017. Mr. Halter also serves as President for Principal® Asset Management and as Chief Executive Officer, President and Chair of PGI, and Chief Executive Officer, President and Chair of Principal Real Estate Investors. He serves on numerous boards of directors of Principal® affiliates and has served in various other positions since joining Principal® in 1984. Through his education and employment experience, Mr. Halter is experienced with financial, accounting, regulatory, and investment matters.

Kenneth A. McCullum. Mr. McCullum has served as Senior Vice President and Chief Risk Officer for Principal® since 2020. He served as Vice President and Chief Actuary for Principal® from 2015 to 2020. From 2013 to 2015 Mr. McCullum was an Executive Vice President responsible for business development at Delaware Life Insurance Company. He served as a Senior Vice President for the life annuity business at Sun Life from 2010 to 2013. Mr. McCullum is a Fellow of the Society of Actuaries, and is a Member of the American Academy of Actuaries. Through his education and experience, Mr. McCullum is experienced with financial, accounting, regulatory, and investment matters.

Risk oversight forms part of the Board’s general oversight of the Fund Complex. The Board has appointed a Chief Compliance Officer who oversees the implementation and testing of the Funds' compliance program and reports to the Board regarding compliance matters for the Funds and principal service providers. As part of its regular oversight functions, the Board, directly or through a committee, interacts with and reviews reports from, among others: Fund Complex management, sub-advisors, the Chief Compliance Officer, the independent registered public accounting firm, and internal auditors for PGI or its affiliates, as appropriate. The Board, with the assistance of management and PGI, reviews investment policies and risks in connection with its review of Fund Complex performance. In addition, as part of the Board’s periodic review of advisory, sub-advisory, and other service provider agreements, the Board may consider risk management aspects of their operations and the functions for which they are responsible. With respect to valuation, the Board has designated PGI as the Funds’ valuation designee, as permitted by SEC Rule 2a-5, where PGI is responsible for the day-to-day valuation and oversight responsibilities of the Funds, subject to the Board’s oversight. PGI has established a Valuation Committee to fulfill its oversight responsibilities as the Funds’ valuation designee.

The Board has established the following committees and the membership of each committee to assist in its oversight functions, including its oversight of the risks PFI faces.

Board Committees

Audit Committee

The Audit Committee's primary purpose is to assist the Board in fulfilling certain of its responsibilities. The Audit Committee serves as an independent and objective party to monitor the Fund Complex's accounting policies, valuation policies and procedures, financial reporting, and internal control systems, as well as the work of the independent registered public accounting firm. The Audit Committee assists Board oversight of (1) the integrity of the Fund Complex's financial statements; (2) the Fund Complex's compliance with certain legal and regulatory requirements; (3) the independent registered public accounting firm's qualifications and independence; (4) the

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performance of the Fund Complex's independent registered public accounting firm; and (5) the valuation process for the Fund Complex. The Audit Committee also serves to provide an open avenue of communication among the independent registered public accounting firm, PGI's internal auditors, Fund Complex management, and the Board. As of the Record Date, the Audit Committee is composed of Mr. Barnes, Ms. Grieb, Mr. Hymes (Chair), Ms. Nickels, and Ms. VanDeWeghe.

A copy of the Audit Committee Charter is included as Appendix B to this Proxy Statement.

Executive Committee

The Executive Committee’s primary purpose is to exercise certain powers of the Board when the Board is not in session. When the Board is not in session, the Executive Committee may exercise all powers of the Board in the management of the Fund Complex's business except the power to (1) issue stock, except as permitted by law; (2) recommend to the shareholders any action that requires shareholder approval; (3) amend the charter or bylaws; or (4) approve any merger or share exchange that does not require shareholder approval. As of the Record Date, the Executive Committee is composed of Mr. Damos, Mr. Dunbar (Chair), and Mr. Halter.

Nominating and Governance Committee

The Nominating and Governance Committee's primary purpose is to oversee the structure and efficiency of the Board and the committees established by the Board. The Nominating and Governance Committee responsibilities include evaluating Board membership and functions, committee membership and functions, insurance coverage, and legal matters.

The nominating functions of the Nominating and Governance Committee include selecting and nominating independent director candidates for election to the Board. Generally, the Nominating and Governance Committee requests director nominee suggestions from the Board and management, but may, and occasionally does, engage a professional recruiting firm to assist it in identifying and evaluating candidates. In addition, the Nominating and Governance Committee will consider director candidates recommended by shareholders of the Fund Complex.

Director recommendations should be submitted in writing to Principal Funds, Inc. at 711 High Street, Des Moines, Iowa 50392. When evaluating a person as a potential nominee to serve as an Independent Director, the Nominating and Governance Committee will generally consider, among other factors: potential term of service; educational background; relevant business and industry experience; whether the person is an "interested person" of the Funds as defined in the 1940 Act; and whether the person is willing to serve, and willing and able to commit the time necessary to attend meetings and perform the duties of an independent director. The final decision regarding a nominee is based on a combination of factors, including the strengths and the experience a specific individual may bring to the Board. The Nominating and Governance Committee believes the Board generally benefits from diversity of background, experience, and views among its members, and considers these factors in evaluating the composition of the Board. As of the Record Date, the Nominating and Governance Committee is composed of Mr. Damos, Mr. Hirsch, Mr. Hymes, and Ms. Nickels (Chair).

Operations Committee

The Operations Committee’s primary purpose is to oversee the provision of administrative and distribution services to the Fund Complex, communications with Fund Complex shareholders, and review and oversight of Fund Complex operations. As of the Record Date, the Operations Committee is composed of Mr. Damos, Ms. Dyer, Mr. Lattimer (Chair), and Ms. McMillan.

15(c) Committee

The 15(c) Committee's primary purpose is to assist the Board in performing the annual review of the Fund Complex's advisory and sub-advisory agreements pursuant to Section 15(c) of the 1940 Act. The 15(c) Committee's responsibilities include requesting and reviewing related materials. As of the Record Date, the 15(c) Committee is composed of Mr. Hirsch, Mr. Lattimer, Ms. McMillan (Chair), and Ms. VanDeWeghe.

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Board and Committee Meetings

The Board of Directors held the following Board and Board committee meetings during the 2022 fiscal year:

						Number of Meetings during 2022 Fiscal Year
Board/Committee						Fiscal Year 8/31 Funds(1)									Fiscal Year 10/31 Funds(2)
Board of Directors						8									8
Audit Committee						10									10
Executive Committee						0									0
Nominating and Governance Committee						5									6
Operations Committee						5									6
15(c) Committee						6									6

(1)The Blue Chip, Bond Market Index, Capital Securities, Diversified Real Asset, Edge MidCap, Global Multi-Strategy, Global Sustainable Listed Infrastructure, International Equity Index, International Small Company, Opportunistic Municipal, Origin Emerging Markets, Small-MidCap Dividend Income, Small-MidCap Growth and Spectrum Preferred and Capital Securities Income have a fiscal year ending on August 31.

(2)All the other PFI Funds have a fiscal year ending on October 31.

For the 2022 fiscal year, each then-serving Director attended at least 75% of the aggregate number of meetings of the Board and of each Board committee on which the Director served, held during the time the Director was a member of the Board.

None of the Funds currently have a formal policy regarding Board members’ attendance at shareholders’ meetings. None of the Funds held, or were required to hold, a shareholders’ meeting at which Board members were elected during its last fiscal year.

Compensation

The Fund Complex does not pay any remuneration to its officers or to any Interested Directors. The Board annually considers a proposal to reimburse PGI for certain expenses, including a portion of the Chief Compliance Officer's compensation. If the proposal is adopted, these amounts are allocated across all Funds based on relative net assets of each portfolio.

Each Independent Director received compensation for service as a member of the Boards of all investment companies in the Fund Complex based on a schedule that takes into account an annual retainer amount, the number of meetings attended, and expenses incurred. Director compensation and related expenses are allocated to each of the Funds based on the net assets of each relative to combined net assets of the Fund Complex.

The following table provides information regarding the compensation received by the Independent Directors from PFI during the 2022 fiscal year. Information is provided separately for the Funds having fiscal years ended August 31, 2022 and October 31, 2022. The table also provides information regarding the compensation received by the Independent Directors from the Fund Complex during the fiscal years ended August 31, 2022 and October 31, 2022. As stated above, the Fund Complex includes PFI, PVC, PETF, and PDSRA. PFI does not provide retirement benefits to any Director.

						PFI Funds																								Fund Complex
Director						FY Ended 8/31/22												FY Ended 10/31/22												FY Ended 8/31/22												FY Ended 10/31/22
Leroy T. Barnes, Jr.									$44,379												$234,792												$308,000									$310,000
Craig Damos									$52,208												$282,712												$362,500									$373,250
Fritz S. Hirsch									$47,370												$251,441												$328,750									$332,000
Victor L. Hymes									$46,699												$253,719												$324,250									$335,000
Padelford L. Lattimer									$45,024												$240,084												$312,500									$317,000
Karen McMillian									$46,454												$249,576												$322,500									$329,500
Elizabeth A. Nickels									$48,154												$257,504												$334,250									$340,000
Mary M. VanDeWeghe									$45,454												$242,363												$315,500									$320,000

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Ms. Dyer and Ms. Grieb were both elected to the Board effective January 26, 2023, and therefore did not receive compensation from the Funds or the Fund Complex for the fiscal years ended August 31, 2022, or October 31, 2022, respectively.

Share Ownership

The following tables set forth the dollar range of the equity securities of each Fund, and the aggregate dollar range of the equity securities of all funds in the Fund Complex, that were beneficially owned by the Directors and Director nominees as of December 31, 2022. As of that date, each of the Directors listed in the table did not own shares of Funds that do not appear in the table.

For the purpose of these tables, beneficial ownership means a direct or indirect pecuniary interest. Only Interested Directors are eligible to participate in an employee benefit program that invests in the Fund Complex. Directors who beneficially owned shares of a series of PVC did so through variable life insurance and variable annuity contracts. Please note that exact dollar amounts of securities held are not listed. Rather, ownership is listed based on the following dollar ranges:

A - $0			D - $50,001 up to and including $100,000
B - $1 up to and including $10,000			E - $100,001 or more
C - $10,001 up to and including $50,000

Independent Directors

Independent Board Members (elected prior to December 31, 2022)

Fund

Barnes

Damos

Hirsch

Hymes

Lattimer

McMillan

Nickels

VanDeWeghe

Blue Chip

A

E

C

A

B

E

E

E

Core Fixed Income

A

A

A

E

A

A

A

A

Core Plus Bond

A

E

C

A

B

A

A

A

Diversified Real Asset

A

E

C

A

B

A

A

A

Diversified Income

E

A

C

E

A

C

B

A

Diversified International

A

A

C

D

A

A

A

A

Equity Income

A

D

A

A

A

A

A

A

Global Emerging Markets

A

A

C

A

A

A

A

A

Global Multi-Strategy

A

A

A

A

B

A

A

A

Global Real Estate Securities

A

A

C

D

A

A

A

A

High Yield

A

A

C

A

B

A

A

A

LargeCap S&P 500 Index

A

A

D

A

A

A

A

A

MidCap

A

E

A

A

A

A

E

A

Principal LifeTime 2030

A

A

E

A

A

A

A

A

Real Estate Securities

A

A

A

C

A

A

A

A

SAM Conservative Growth

A

E

A

A

A

A

A

A

SmallCap

A

D

A

A

A

A

A

A

Spectrum Preferred and Capital Securities Income

A

E

A

A

A

A

A

A

Total Fund Complex

E

E

E

E

C

E

E

E

Ms. Dyer and Ms. Grieb were both elected to the Board effective January 26, 2023, and did not have ownership in the Funds as of December 31, 2022.

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Interested Directors

Interested Board Members

Board Members as of 12/31/2022

Board Nominees

Fund

Dunbar

Halter

Bhatia

McCullum

Equity Income

A

E

A

A

Government & High Quality Bond

A

C

A

A

LargeCap Growth I

C

E

A

A

Money Market

A

B

A

A

Principal Capital Appreciation

D

A

A

A

Ownership through participation in an Employee Benefit Plan

Dunbar

Halter

Bhatia

McCullum

Diversified International

A

A

E

D

Diversified Real Asset

A

A

E

A

Equity Income

A

A

A

E

Finisterre Emerging Markets Total Return Bond

A

A

E

A

Inflation Protection

A

A

A

D

LargeCap Growth I

A

A

A

D

LargeCap S&P 500 Index

A

E

E

D

LargeCap Value III

A

A

E

A

MidCap

A

A

A

D

Origin Emering Markets

A

A

D

A

Principal LifeTime Hybrid 2015

E

A

A

A

Principal LifeTime Hybrid 2020

D

A

A

A

Principal LifeTime Hybrid 2030

D

A

A

E

Short-Term Income

A

A

E

A

SmallCap

A

A

C

A

Total Fund Complex

E

E

E

E

Required vote. The shareholders of all Funds and all share classes will vote together on the election of Directors. The affirmative vote of a plurality of the shares voted at the Meeting at which a quorum is present is required for the election of a Director of PFI. If one or more nominee(s) for Director are not elected, the Board will determine what action, if any, should be taken.

The Board of Directors recommends that shareholders vote “For” each nominee.

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PROPOSAL 2

APPROVAL OF THE ABILITY OF PGI TO ENTER INTO AND/OR MATERIALLY AMEND AGREEMENTS

WITH ALL SUB-ADVISORS, REGARDLESS OF DEGREE OF AFFILIATION, ON BEHALF OF THE FUND

WITHOUT OBTAINING SHAREHOLDER APPROVAL

(Shareholders of all Funds, except Global Sustainable Listed Infrastructure Fund)

Background

Section 15(a) of the 1940 Act generally requires an investment company to obtain shareholder approval before retaining a new sub-advisor or making material changes to an existing sub-advisory agreement. On January 19, 1999, the SEC granted an exemptive order (the “Unaffiliated Order”) to the Funds and Principal Management Corporation (“PMC”), the Funds' advisor at the time. PMC merged with and into PGI on May 1, 2017 (subsequent references in this proposal to PGI include where appropriate PMC as its predecessor). PGI is allowed by the terms of the Unaffiliated Order to rely on that order as PMC’s successor. The Unaffiliated Order allows PFI and PGI to enter into and materially amend agreements with unaffiliated sub-advisors without requiring shareholder approval. Subsequently, on September 8, 2014, the SEC granted to PFI and PGI an exemptive order that expanded and replaced the Unaffiliated Order by allowing PFI and PGI to enter into and materially amend agreements with wholly owned affiliated sub-advisors (i.e., affiliated sub-advisors that are at least 95% owned, directly or indirectly, by PGI and/or an affiliated person of PGI) (the “Exemptive Order”). However, as a condition to such relief, the shareholders of each PFI Fund must approve such Fund’s reliance on the expanded relief.

Shareholders of all the PFI Funds, other than the California Municipal Fund, Opportunistic Municipal Fund, and Tax‑Exempt Bond Fund (collectively, the “Municipal Funds”), have approved such Fund’s reliance on the Exemptive Order. Although not covered by the Exemptive Order, shareholders of all the PFI Funds, other than the Municipal Funds, have approved PGI’s ability, on behalf of the applicable Fund, to enter into, or materially amend, a sub‑advisory agreement with a majority‑owned affiliated sub‑advisor (these shareholder approvals were obtained in anticipation of SEC relief regarding such sub-advisors, which relief was pre-empted by the relief discussed below). In addition, shareholders of the PFI Global Sustainable Listed Infrastructure Fund have approved PGI’s ability, on behalf of that Fund and without additional shareholder approval, to enter into, or materially amend, a sub‑advisory agreement with a sub‑advisor, regardless of the degree of affiliation (i.e., the Relief described below).

PGI and PFI would like to be able to rely on recent SEC relief (as described in more detail below, the "Relief"), that would modify the Exemptive Order and permit PGI to enter into or materially amend a sub‑advisory agreement with an “affiliated person” (as such term is defined in Section 2(a)(3) of the 1940 Act) of PGI or a Fund (in addition to unaffiliated persons and wholly owned affiliated sub‑advisors under the Exemptive Order) without first obtaining shareholder approval, provided that the shareholders of the Fund had previously authorized PGI to do so and PGI complies with certain conditions. In the absence of the ability to rely on the Relief, in order to enter into, or materially amend, a sub‑advisory agreement with an affiliate (other than as allowed for by the Exemptive Order), a Fund must obtain shareholder approval by undertaking the costly and time-consuming effort to conduct a shareholder meeting, including preparing and distributing proxy materials and soliciting votes from shareholders.

Exemptive Relief

On May 29, 2019, the SEC issued to Carillon Tower Advisers, Inc., et al. an exemptive order (the “Carillon Order”) that allows (i) the Carillon Series Trust and its investment adviser, without the approval of fund shareholders, to enter into or amend a sub‑advisory agreement with a sub‑advisor, including any sub‑advisor that is an affiliated person of the investment adviser or a fund (a “Captive Sub‑advisor”), and (ii) the series of Carillon Series Trust to disclose the advisory fees paid to sub‑advisors on an aggregate, rather than individual, basis.1 The Carillon Order contains several conditions, some of which are already included in the Exemptive Order.

1 Investment Company Release Nos. 33464 (May 2, 2019) (notice) and 33494 (order).

19

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On July 9, 2019, the staff of the SEC’s Division of Investment Management issued a no-action letter to the BNY Mellon family of funds and BNY Mellon Investment Adviser, Inc. (the “BNYM No-Action Letter”) stating that the staff would not recommend enforcement action if a fund complex and adviser that previously obtained a “manager of managers” exemptive order (such as the Exemptive Order granted to the PFI Funds and PGI) extends its reliance on that existing order to cover Captive Sub-advisors without seeking an amended exemptive order from the SEC. The staff’s no-action position is conditioned on compliance with the conditions set forth in the Carillon Order, discussed next.

If reliance on the Relief is approved by Fund shareholders, PGI will be permitted to enter into and amend sub-advisory agreements for the PFI Funds with all affiliated and unaffiliated sub-advisors, including affiliated sub-advisors in which Principal has less than a 95% ownership interest, without shareholder approval. In this event, PGI and the PFI Funds will be subject to several conditions imposed by the SEC to ensure that the interests of the Fund’s shareholders are adequately protected. Among these conditions are (i) within ninety (90) days of the hiring of a new sub‑advisor in reliance on the Relief, shareholders of the relevant Fund will be furnished with an information statement that contains substantially the same information about the sub‑advisor and the sub‑advisory agreement that they otherwise would have received in a proxy statement; (ii) the prospectus for the subject Fund will disclose the existence, substance, and effect of reliance on the Relief; and (iii) PGI has the ultimate responsibility, subject to oversight by the Board, to oversee the Fund’s sub‑advisors and recommend their hiring, termination, and replacement.

Board Recommendations

The Board members believe that shareholder approval of the Relief is in the best interest of the PFI Funds and its shareholders in order to afford PGI the flexibility to provide investment advisory services to the PFI Funds through one or more sub‑advisors, including Captive Sub‑advisors, that have particular expertise in the type of investments in which the Funds invest, without the time-consuming and costly process of requiring shareholder approval.

As described above, without the ability to utilize the Relief, in order for PGI and the Board to appoint a new Captive Sub‑advisor for a Fund or materially modify a sub‑advisory agreement with a Captive Sub‑advisor (other than as noted above), the Board must call and hold a shareholder meeting of the Fund, create and distribute proxy materials, and solicit votes from the Fund’s shareholders. This process is time consuming and costly. Without the delay inherent in holding shareholder meetings, PGI would be able to act quickly to appoint a new Captive Sub‑advisor if and when the Board and PGI believe that the appointment would benefit the Fund. The Board members also took into account that if PGI and the Board appoint a Captive Sub‑advisor, the Fund’s shareholders would receive an information statement containing substantially the same information regarding the Captive Sub‑advisor and the sub‑advisory agreement that the Fund would otherwise have been required to provide shareholders in a proxy statement. PGI and the Board will continue to be subject to their fiduciary duty to act in the best interest of the Fund and its shareholders. The Board members believe that granting PGI and the Board maximum flexibility to select Captive Sub‑advisors, in addition to the flexibility they currently exercise pursuant to the Exemptive Order, without incurring the delay or expense of obtaining further shareholder approval, is in the best interest of shareholders because it will allow the Fund to operate more efficiently and cost effectively.

Finally, the Board members believe, as illustrated in the section below, that they will retain sufficient oversight of the Fund’s investment sub‑advisory arrangements to seek to ensure that shareholders’ interests are protected whenever PGI selects a Captive Sub-advisor or materially modifies an investment sub‑advisory agreement with a Captive Sub-advisor, in the same manner as the Board members currently exercise oversight of the Fund’s investment sub‑advisory agreements and seek to ensure that shareholders’ interests are protected whenever PGI selects unaffiliated sub-advisors. The Board, including a majority of the Independent Board members, will continue to evaluate and to approve all proposed investment sub‑advisory agreements, as well as any proposed modifications to existing sub‑advisory agreements. In doing so, the Board members will analyze such factors as they consider to be relevant to the approval of or proposed modifications to an investment sub‑advisory agreement. As with the Fund’s investment advisory agreement, the terms of each investment sub‑advisory agreement will include those required by applicable provisions of the 1940 Act.

20

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Sub‑Advisor Oversight

PGI serves as the investment manager to the Funds under the amended and restated management agreement between PFI and the PGI dated March 1, 2023 (the “Management Agreement”). The Management Agreement provides that PGI is responsible for the following services, among others, that are relevant to this proposal:

a.provide investment research, advice, and supervision;

b.furnish to the Board (or a committee thereof) and provide ongoing review, evaluation, and revision, from time to time as conditions require, of a recommended investment program for a Fund consistent with the Fund’s investment objective and policies;

c.where applicable, based upon research, analysis, and due diligence, recommend to the Board one or more sub‑advisors for a Fund; regularly monitor and evaluate each sub‑advisor’s performance; and recommend changes to the sub‑advisors where appropriate;

d.report to the Board at such times and in such detail as the Board may deem appropriate in order to enable it to determine that the investment policies of a Fund are being observed. In performing the functions set forth above and supervising the Fund’s sub‑advisors, PGI:

i.performs periodic detailed analysis and reviews of the performance by the sub‑advisor of its obligations to the Fund, including without limitation analysis and review of portfolio and other compliance matters and review of the sub-advisor’s investment performance in respect of the Fund;

ii.prepares and presents periodic reports to the Board regarding the investment performance of the sub-advisor and other information regarding the sub-advisor, at such times and in such forms as the Board may reasonably request;

iii.reviews and considers any changes in the personnel of the sub‑advisor responsible for performing the sub-advisor’s obligations and makes appropriate reports to the Board;

iv.reviews and considers any changes in the ownership or senior management of the sub-advisor and makes appropriate reports to the Board;

v.performs periodic in-person or telephonic diligence meetings, including with respect to compliance matters, with representatives of the sub-advisor;

vi.assists the Board and PFI in developing and reviewing information with respect to the initial approval of each sub‑advisory agreement with the sub-advisor and annual consideration of each sub‑advisory agreement thereafter;

vii.prepares recommendations with respect to the continued retention of the sub-advisor or the replacement of the sub-advisor, including at the request of the Board;

viii.identifies potential successors to or replacements of the sub-advisor or potential additional sub-advisors, performs appropriate due diligence, and develops and presents to the Board a recommendation as to any such successor, replacement, or additional sub-advisor, including at the request of the Board;

ix.performs such other review and reporting functions as the Board shall reasonably request consistent with the Management Agreement and applicable law. PGI will retain these responsibilities if this proposal is approved.

Required vote. Shareholders of each Fund, other than Global Sustainable Listed Infrastructure Fund, will vote separately on this Proposal 2. As to any Fund, approval of reliance on the No-Action Letter will require the affirmative vote of a Majority of the Outstanding Voting Securities (as defined above under "Voting Information -

21

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Voting Rights") of that Fund. If the required shareholder approval is not obtained by any Fund, such Fund will continue to be required to obtain shareholder approval to enter into and/or materially amend agreements with sub-advisors other than as allowed for by the Exemptive Order.

The Board of Directors recommends that the shareholders of each Fund vote “For” the Proposal applicable to such Fund.

22

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INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

The firm of Ernst & Young LLP (“Ernst & Young”) has been selected as the independent registered public accounting firm for the PFI Funds for their fiscal years ending August 31, 2023 and October 31, 2023 and served as such for the last two fiscal years of the Funds. The independent registered public accounting firm audits annual financial statements for PFI and reviews regulatory filings that include those financial statements. Representatives of Ernst & Young are expected to be present at the Meeting, have been given the opportunity to make a statement if they so desire, and will be available to answer appropriate questions.

The Audit Committee of the Board (the “Audit Committee”) has adopted the following policy regarding approval and pre-approval of audit and non-audit services provided by the independent registered public accounting firm (the “independent auditor”).

* * *

The Principal Funds

Policy on Auditor Independence

The purpose of this policy is to ensure the independence of the Principal Funds' primary independent auditor. This policy is established by the Audit Committee (the "Committee") of the Boards of Directors of Principal Funds, Inc. and Principal Variable Contracts Funds, Inc. and the Board of Trustees of Principal Exchange-Traded Funds and any registered closed-end management investment company that is operated as an interval fund and managed by Principal Global Investors, LLC2 (the “Funds”) (the “Boards of the Funds”) effective for all engagements of the primary independent auditor.

1.    The primary independent auditor, its subsidiaries and affiliates shall not provide Prohibited Services to the Funds. For the purposes of this policy, Prohibited Services are:

•Services that are subject to audit procedure during a financial statement audit;

•Services where the auditor would act on behalf of management;

•Services where the auditor is an advocate to the client's position in an adversarial proceeding;

•Bookkeeping or other services related to the accounting records or financial statements of the Funds, its subsidiaries and affiliates;

•Financial information systems design and implementation;

•Appraisal or valuation services, fairness opinions, or contribution-in-kind reports;

•Actuarial services;

•Internal audit functions or human resources;

•Broker or dealer, investment advisor, or investment banking services;

•Legal services and expert services unrelated to the audit;

•Tax planning services related to listed, confidential and aggressive transactions;

•Personal tax planning services to individuals in a financial reporting oversight role with regard to the Funds (other than members of the Boards of the Funds who are not also officers of the Funds), including the immediate family members of such individuals;

•Any other service that the Public Company Accounting Oversight Board (PCAOB) determines, by regulation, is impermissible.

2.    (A) All services the primary independent auditor, its subsidiaries and affiliates provide to the Funds, and (B) Audit services, including audits of annual financial statements, audits of acquired or divested businesses or review of regulatory filings, any independent auditor provides, shall be approved by the Committee in advance in accordance with the following procedure:

Each quarter, Management will present to the Committee for pre-approval, a detailed description of each particular service, excluding tax services, for which pre-approval is sought and a range of fees for such service. The Committee may delegate pre-approval authority to one or more of its members provided such delegated member(s) shall present a report of any services approved to the full Committee at its next regularly scheduled meeting. The Committee Chairperson shall

2 The first such interval fund is the Principal Diversified Select Real Asset Fund; Management, subject to Board approval, may create others, each of which would be formed as a separate trust.

23

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have pre-approval authority for changes to any range of fees applicable to services the Committee previously approved and for new services and the range of fees for such services that arise between regularly scheduled Committee meetings.

Similarly, the primary independent auditor will present to the Committee for pre- approval a written description of the nature and scope of all tax services not expressly prohibited, including the fee arrangements for such services, and the potential effects of such services on the audit firm’s independence.

In considering whether to pre-approve the primary independent auditor’s provision of non-audit services, the Committee will consider whether the services are compatible with the maintenance of such auditor's independence. The Committee will also consider whether the primary independent auditor is best positioned to provide the most effective and efficient service, for reasons such as its familiarity with the Funds' business, people, culture, accounting systems, risk profile and other factors, and whether the service might enhance the Funds' ability to manage or control risk or improve audit quality.

3.    The provisions of this policy shall apply to all audit and non-audit services provided directly to the Funds. Additionally, the provisions of this policy shall apply to non-audit services provided to Principal Global Investors, LLC (“PGI”) or an affiliate of PGI that provides ongoing services to the Funds if the engagement relates directly to the operations and financial reporting of the Funds.

4.    Not less than annually, the primary independent auditor shall report to the Committee in writing all relationships that may reasonably be thought to bear on independence between the auditor and the Funds or persons in financial reporting oversight roles with respect to any services provided by the auditor, its subsidiaries or affiliates as of the date of the communication, pursuant to Rule 3526 of the PCAOB. The primary independent auditor shall discuss with the Committee the potential effects of such relationships on the independence of the auditor. In addition, the primary independent auditor shall affirm, in writing, that, as of the date of the communication, it is independent within the meaning of the federal securities laws and Rule 3520 of the PCAOB.

5.    The Committee shall ensure that the lead (or coordinating) audit partners, as well as the reviewing audit partner, of the Funds' primary independent auditor are rotated at least every five years and subject upon rotation to a five year "time out" period. All other audit partners of the primary independent auditor, excluding partners who simply consult with others on the audit engagement regarding technical issues, shall rotate after seven years and be subject upon rotation to a two year "time out" period.

6.    Neither the Funds nor PGI may hire or promote any former partner, principal, shareholder or professional employee (Former Employee) of the primary independent auditor into a financial reporting oversight role unless the Former Employee (1) has severed his/her economic interest in the independent audit firm, and (2) was not a member of the audit engagement team for the Funds during the one year period preceding the date that the audit procedures began for the fiscal period in which the Funds or PGI proposes to hire or promote the Former Employee. Neither the Funds nor PGI shall, without prior written consent of the primary independent auditor, hire or promote any Former Employee into a role not prohibited above if the Former Employee had provided any services to the Funds or PGI during the 12 months preceding the date of filing of the Funds' most recent annual report with the SEC. Upon termination of the primary independent auditor, the Funds or PGI shall not, without prior written consent of the former primary independent auditor, hire or promote any Former Employee for a period of up to 12 months from termination.

7.    For persons recently promoted or hired into a financial reporting oversight role (other than members of the Boards of the Funds who are not also officers of the Funds), any personal tax planning services pursuant to an engagement that was in progress before the hiring or promotion and provided by the primary independent auditor must be completed on or before 180 days after the hiring or promotion.

8.    The phrase "financial reporting oversight role" means a role in which a person is in a position to exercise influence over the contents of the financial statements or anyone who prepares them, such as a member

24

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of the board of directors or similar management or governing body, chief executive officer, president, chief operating officer, chief financial officer, counsel, controller, chief internal auditor, or any equivalent positions.

The Audit Committee has considered whether the provision of non-audit services that were rendered to PFI’s investment advisor (not including any sub-advisor whose role is primarily portfolio management and is subcontracted with or overseen by another investment advisor), and any entity controlling, controlled by, or under common control with the investment advisor that provides ongoing services to PFI that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X is compatible with maintaining the principal accountant’s independence.

Audit Fees. During the last two fiscal years of the Funds, Ernst & Young has billed the following amounts for their professional services.

Fiscal Year 8/31 Funds						Fiscal Year 10/31 Funds
August 31, 2021 — $481,084						October 31, 2021 — $1,187,156
August 31, 2022 — $518,214						October 31, 2022 — $1,268,280

Audit-Related Fees. Ernst & Young provided audit-related services to PFI that are not included under “Audit Fees” above. These services related to the review of filings on Forms N-1A and N-14. During the last two fiscal years of the Funds, Ernst & Young has billed the following amounts for those services (situations in which these services were performed but an Ernst & Young invoice was not received during the fiscal year are reflected below as "$0").

Fiscal Year 8/31 Funds						Fiscal Year 10/31 Funds
August 31, 2021 — $0						October 31, 2021 — $0
August 31, 2022 — $0						October 31, 2022 — $0

Ernst & Young billed no fees that the Audit Committee was required to pre-approve pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X.

Tax Fees. Ernst & Young prepares and reviews the federal income tax returns and federal excise tax returns of PFI. In connection with this review, Ernst & Young prepares and reviews the calculation of PFI’s dividend distributions that are included as deductions on the tax returns. Ernst & Young also provides services to identify passive foreign investment companies. Ernst & Young also provides services to understand and comply with tax laws in certain foreign countries and services to determine the taxability of corporate actions. During the last two fiscal years, Ernst & Young has billed the following amounts for their professional tax services.

Fiscal Year 8/31 Funds						Fiscal Year 10/31 Funds
August 31, 2021 — $155,580						October 31, 2021 — $2,037,621
August 31, 2022 — $132,411						October 31, 2022 — $1,746,189

Ernst & Young billed no fees that the Audit Committee was required to pre-approve pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X.

25

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All Other Fees. Ernst & Young has not billed PFI for other products or services during the last two fiscal years.

Ernst & Young billed no fees that the Audit Committee was required to pre-approve pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X.

The aggregate non-audit fees Ernst & Young billed to PFI, its investment advisor (not including any sub-advisor whose role is primarily portfolio management and is subcontracted with or overseen by another investment advisor), and any entity controlling, controlled by, or under common control with the advisor that provides ongoing services to PFI for each of its last two fiscal years were as follows.

Fiscal Year 8/31 Funds						Fiscal Year 10/31 Funds
August 31, 2021 — $155,580						October 31, 2021 — $2,037,621
August 31, 2022 — $132,411						October 31, 2022 — $1,746,189

Ernst & Young billed PSS, PFD, and PGI an aggregate of the following amounts for the last two years:

			2022			2021
Principal Shareholder Services			$4,725			$4,500
Principal Fund Distributor			$4,715			$4,490
PGI			$175,770			$106,900

Ernst & Young provided no services during PFI’s last two fiscal years that the Audit Committee was required to approve pursuant to paragraph (c)(7)(i)(C) of Rule 2.01 of Regulation S-X.

26

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OTHER MATTERS

PFI does not know of any matters to be presented at the Meeting other than those mentioned in this Proxy Statement. If any other matters properly come before the Meeting, the shares represented by proxies will be voted in accordance with the best judgment of the person or persons voting the proxies.

PFI is not required to hold annual meetings of shareholders and, therefore, cannot determine when the next meeting of shareholders will be held. Shareholder proposals to be presented at any future meeting of shareholders of PFI or any Fund must be received by PFI a reasonable time before PFI commences soliciting proxies for that meeting in order for such proposals to be considered for inclusion in the proxy materials relating to that meeting. PFI has adopted procedures by which shareholders may recommend nominees to the PFI Board. A copy of the procedures can be found in the Nominating and Governance Committee Charter at https://secure02.principal.com/publicvsupply/GetFile?fm=MM13013&ty=VOP&EXT=.VOP.

Only one copy of this Proxy Statement may be mailed to households, even if more than one person in a household is a Fund shareholder of record, unless PFI has received instructions to the contrary. If you need additional copies of this Proxy Statement, or if you do not want the mailing of a Proxy Statement to be combined with those for other members of your household in the future, or if you are receiving multiple copies and would rather receive just one copy for the household, please contact the Shareholder Services Department toll free at 1-800-222-5852 or by writing to PFI at P.O. Box 219971, Kansas City, MO 64121-9971. PFI will promptly deliver, upon request, a separate copy of this Proxy Statement to any shareholder residing at an address to which only one copy was mailed.

BY ORDER OF THE BOARD OF DIRECTORS

March 6, 2023

Des Moines, Iowa

It is important that proxies be returned promptly. Therefore, you are urged to complete, sign, date, and return the proxy card(s) in the enclosed envelope or give their proxy by telephone or Internet immediately.

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APPENDIX A

OUTSTANDING SHARES AND SHARE OWNERSHIP

The following table shows, as of the Record Date, the number of shares outstanding and entitled to vote for each class of shares of each Fund. As indicated, not all Funds have all classes of shares outstanding.

[TO BE FILED BY AMENDMENT]

FUND (8/31 FYE)

SHARE CLASS

SHARES OUTSTANDING

FUND (8/31 FYE)

SHARE CLASS

SHARES OUTSTANDING

Blue Chip

A

International Small Company

Institutional

C

R-6

J

Institutional

Opportunistic Municipal

A

R-3

Institutional

R-4

R-5

Origin Emerging Markets

A

R-6

Institutional

R-6

Bond Market Index

J

Institutional

Small-MidCap Dividend Income

A

R-1

C

R-3

Institutional

R-4

R-6

R-5

Small-MidCap Growth

Institutional

Capital Securities

S

Spectrum Preferred and Capital

A

Diversified Real Asset

A

Securities Income Fund

C

Institutional

J

R-3

Institutional

R-5

R-1

R-6

R-3

R-4

EDGE MidCap

A

R-5

Institutional

R-6

R-6

Global Multi-Strategy

A

Institutional

R-6

Global Sustainable Listed

Institutional

Infrastructure

International Equity Index

Institutional

R-1

R-3

R-4

R-5

R-6

A-1

---

FUND (10/31 FYE)

SHARE CLASS

SHARES OUTSTANDING

FUND (10/31 FYE)

SHARE CLASS

SHARES OUTSTANDING

California Municipal

A

Global Emerging Markets

A

C

J

Institutional

Institutional

R-1

Core Fixed Income

A

R-3

C

R-4

J

R-5

Institutional

R-6

R-1

R-3

Global Real Estate Securities

A

R-4

Institutional

R-5

R-3

R-6

R-4

R-5

Core Plus Bond

A

R-6

J

Institutional

Government & High Quality Bond

A

R-1

J

R-3

Institutional

R-4

R-1

R-5

R-3

R-4

Diversified Income

A

R-5

C

Institutional

Government Money Market

Institutional

R-6

R-6

Diversified International

A

High Income

Institutional

J

Institutional

High Yield

A

R-1

C

R-3

Institutional

R-4

R-6

R-5

R-6

Inflation Protection

J

Institutional

Equity Income

A

R-1

C

R-3

J

R-4

Institutional

R-5

R-1

R-3

International I

Institutional

R-4

R-1

R-5

R-3

R-4

Finisterre Emerging Markets

Institutional

R-5

Total Return Bond

R-6

A-2

---

FUND (10/31 FYE)

SHARE CLASS

SHARES OUTSTANDING

FUND (10/31 FYE)

SHARE CLASS

SHARES OUTSTANDING

LargeCap Growth I

A

MidCap Growth III

J

J

Institutional

Institutional

R-1

R-1

R-3

R-3

R-4

R-4

R-5

R-5

R-6

MidCap S&P 400 Index

J

Institutional

LargeCap S&P 500 Index

A

R-1

C

R-3

J

R-4

Institutional

R-5

R-1

R-6

R-3

R-4

MidCap Value I

A

R-5

J

Institutional

LargeCap Value III

J

R-1

Institutional

R-3

R-1

R-4

R-3

R-5

R-4

R-6

R-5

Money Market

A

MidCap

A

J

C

J

Overseas

Institutional

Institutional

R-1

R-1

R-3

R-3

R-4

R-4

R-5

Principal Capital Appreciation

A

R-6

C

Institutional

MidCap Growth

J

R-1

Institutional

R-3

R-1

R-4

R-3

R-5

R-4

R-5

A-3

---

FUND (10/31 FYE)

SHARE CLASS

SHARES OUTSTANDING

FUND (10/31 FYE)

SHARE CLASS

SHARES OUTSTANDING

Principal LifeTime Strategic

A

Principal LifeTime 2035

Institutional

Income

J

R-1

Institutional

R-3

R-1

R-4

R-3

R-5

R-4

R-5

Principal LifeTime 2040

A

J

Principal LifeTime 2010

A

Institutional

J

R-1

Institutional

R-3

R-1

R-4

R-3

R-5

R-4

R-5

Principal LifeTime 2045

Institutional

R-1

Principal LifeTime 2015

Institutional

R-3

R-1

R-4

R-3

R-5

R-4

R-5

Principal LifeTime 2050

A

J

Principal LifeTime 2020

A

Institutional

J

R-1

Institutional

R-3

R-1

R-4

R-3

R-5

R-4

R-5

Principal LifeTime 2055

Institutional

R-1

Principal LifeTime 2025

Institutional

R-3

R-1

R-4

R-3

R-5

R-4

R-5

Principal LifeTime 2060

J

Institutional

Principal LifeTime 2030

A

R-1

J

R-3

Institutional

R-4

R-1

R-5

R-3

R-4

Principal LifeTime 2065

Institutional

R-5

R-1

R-3

R-4

R-5

A-4

---

FUND (10/31 FYE)

SHARE CLASS

SHARES OUTSTANDING

FUND (10/31 FYE)

SHARE CLASS

SHARES OUTSTANDING

Principal LifeTime Hybrid Income

J

Real Estate Securities

A

Institutional

C

R-6

J

Institutional

Principal LifeTime Hybrid 2015

J

R-1

Institutional

R-3

R-6

R-4

R-5

Principal LifeTime Hybrid 2020

J

R-6

Institutional

R-6

SAM Balanced

A

C

Principal LifeTime Hybrid 2025

J

J

Institutional

Institutional

R-6

R-1

R-3

Principal LifeTime Hybrid 2030

J

R-4

Institutional

R-5

R-6

SAM Conservative Balanced

A

Principal LifeTime Hybrid 2035

J

C

Institutional

J

R-6

Institutional

R-1

Principal LifeTime Hybrid 2040

J

R-3

Institutional

R-4

R-6

R-5

Principal LifeTime Hybrid 2045

J

SAM Conservative Growth

A

Institutional

C

R-6

J

Institutional

Principal LifeTime Hybrid 2050

J

R-1

Institutional

R-3

R-6

R-4

R-5

Principal LifeTime Hybrid 2055

J

Institutional

SAM Flexible Income

A

R-6

C

J

Principal LifeTime Hybrid 2060

J

Institutional

Institutional

R-1

R-6

R-3

R-4

Principal LifeTime Hybrid 2065

J

R-5

Institutional

R-6

A-5

---

FUND (10/31 FYE)

SHARE CLASS

SHARES OUTSTANDING

FUND (10/31 FYE)

SHARE CLASS

SHARES OUTSTANDING

SAM Strategic Growth

A

SmallCap S&P 600 Index

J

C

Institutional

J

R-1

Institutional

R-3

R-1

R-4

R-3

R-5

R-4

R-6

R-5

SmallCap Value II

J

Short-Term Income

A

Institutional

C

R-1

J

R-3

Institutional

R-4

R-1

R-5

R-3

R-6

R-4

R-5

Tax-Exempt Bond

A

C

SmallCap

A

Institutional

C

J

Institutional

R-1

R-3

R-4

R-5

R-6

SmallCap Growth I

J

Institutional

R-1

R-3

R-4

R-5

R-6

As of December 31, 2022, the PFI Directors, Director nominees, and officers together owned beneficially less than 1% of the outstanding shares of any class of shares of any of the Funds.

A-6

---

As of February 6, 2023, the following shareholders owned of record, or were known by PFI to own beneficially, 5% or more of the outstanding shares of any class of shares of any of the Funds.

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
BLUE CHIP (A)			53.35%			16,837,367			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
BLUE CHIP (C)			17.77%			1,713,860			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
BLUE CHIP (C)			16.00%			1,542,783			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
BLUE CHIP (C)			10.94%			1,055,779			RAYMOND JAMES
									OMNIBUS FOR MUTUAL FUNDS
									HOUSE ACCT FIRM 92500015
									ATTN: COURTNEY WALLER
									880 CARILLON PKWY
									ST PETERSBURG FL 33716-1102
BLUE CHIP (C)			8.85%			853,415			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
BLUE CHIP (C)			8.34%			804,305			STIFEL NICOLAUS & CO INC
									EXCLUSIVE BENEFIT OF CUSTOMERS
									501 N BROADWAY
									SAINT LOUIS MO 63102-2188
BLUE CHIP (C)			7.93%			764,770			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FBO CUSTOMERS
									ATTN MUTUAL FUNDS
									211 MAIN STREET
									SAN FRANCISCO CA 94105-1901
BLUE CHIP (I)			26.25%			21,005,885			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995

A-7

---

BLUE CHIP (I)			12.15%			9,726,019			AMERICAN ENTERPRISE INVESTMENT SVC
									FBO #41999970
									707 2ND AVE S
									MINNEAPOLIS MN 55402-2405
BLUE CHIP (I)			9.58%			7,670,884			LPL FINANCIAL
									OMNIBUS CUSTOMER ACCOUNT
									ATTN MUTUAL FUND TRADING
									4707 EXECUTIVE DR
									SAN DIEGO CA 92121-3091
BLUE CHIP (I)			9.23%			7,392,519			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
BLUE CHIP (I)			7.55%			6,043,859			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
BLUE CHIP (I)			6.59%			5,275,258			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
BLUE CHIP (I)			6.06%			4,851,234			RAYMOND JAMES
									OMNIBUS FOR MUTUAL FUNDS
									HOUSE ACCT FIRM 92500015
									ATTN: COURTNEY WALLER
									880 CARILLON PKWY
									ST PETERSBURG FL 33716-1102
BLUE CHIP (I)			5.29%			4,235,457			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FBO CUSTOMERS
									ATTN MUTUAL FUNDS
									211 MAIN STREET
									SAN FRANCISCO CA 94105-1901
BLUE CHIP (R3)			28.78%			97,566			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
BLUE CHIP (R3)			23.75%			80,517			SAMMONS RETIREMENT SOLUTIONS
									8300 MILLS CIVIC PKWY
									WDM IA 50266-3833
BLUE CHIP (R3)			17.77%			60,240			STATE STREET BANK CUST
									FBO ADP ACCESS PRODUCT 401(K) PLAN
									1 LINCOLN ST
									BOSTON MA 02111-2900

A-8

---

BLUE CHIP (R3)			5.45%			18,481			PRINCIPAL TRUST COMPANY
									FBO SSP AMERICAN DEF COMP PLAN
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
BLUE CHIP (R3)			5.19%			17,603			FIIOC
									FBO CREATIVE ASSET MANAGEMENT INC
									RETIREMENT PLAN
									100 MAGELLAN WAY (KW1C)
									COVINGTON KY 41015-1987
BLUE CHIP (R4)			43.95%			30,032			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
BLUE CHIP (R4)			13.72%			9,379			STATE STREET BANK AND TRUST COMPANY
									TRUSTEE AND/OR CUSTODIAN
									FBO ADP ACCESS PRODUCT
									1 LINCOLN ST
									BOSTON MA 02111-2901
BLUE CHIP (R4)			11.66%			7,967			PRINCIPAL TRUST COMPANY
									FBO FIRST COUNTY BANK NQ DEF COMP AND SERP
									ATTN PLAN TRUSTEE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
BLUE CHIP (R4)			9.77%			6,678			BRIDGES INC
									FBO EXEC 457F OF BRIDGES INC
									ATTN CHRISTY KNUTSON
									3600 POWER INN RD STE C
									SACRAMENTO CA 95826-3826
BLUE CHIP (R4)			5.40%			3,691			PRINCIPAL TRUST COMPANY
									FBO RFI ENTERPRISES INC NQ EXCESS PLAN
									ATTN PLAN TRUSTEE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
BLUE CHIP (R5)			91.18%			274,854			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
BLUE CHIP (R6)			22.32%			37,391,695			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001

A-9

---

BLUE CHIP (R6)			9.92%			16,617,914			SAM BALANCED PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING -H221
									711 HIGH ST
									DES MOINES IA 50392-0001
BLUE CHIP (R6)			8.79%			14,729,000			SAM CONS GROWTH PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
BLUE CHIP (R6)			6.76%			11,331,047			LIFETIME 2040 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
BLUE CHIP (R6)			6.72%			11,266,697			SAM STRATEGIC GROWTH PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
BLUE CHIP (R6)			6.44%			10,787,034			LIFETIME 2030 FUND
									ATTN MUTUAL FUND ACCOUNTING- H221
									711 HIGH ST
									DES MOINES IA 50392-0001
BLUE CHIP (R6)			5.20%			8,720,740			LIFETIME 2050 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
BOND MARKET INDEX (I)			22.37%			62,813,062			SAM FLEXIBLE INCOME PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
BOND MARKET INDEX (I)			15.08%			42,327,996			SAM BALANCED PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING -H221
									711 HIGH ST
									DES MOINES IA 50392-0001
BOND MARKET INDEX (I)			10.42%			29,266,355			SAM CONS BALANCED PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
BOND MARKET INDEX (I)			8.20%			23,042,208			LIFETIME HYBRID 2030 FUND
									ATTN MUTUAL FUND ACCOUNTING H221
									711 HIGH ST
									DES MOINES IA 50392-0001

A-10

---

BOND MARKET INDEX (I)			7.41%			20,804,983			LIFETIME HYBRID 2025 FUND
									ATTN MUTUAL FUND ACCOUNTING H221
									711 HIGH ST
									DES MOINES IA 50392-0001
BOND MARKET INDEX (I)			6.28%			17,645,877			LIFETIME HYBRID 2020 FUND
									ATTN MUTUAL FUND ACCOUNTING H221
									711 HIGH ST
									DES MOINES IA 50392-0001
BOND MARKET INDEX (R1)			56.61%			40,204			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
BOND MARKET INDEX (R1)			20.97%			14,896			FIIOC
									FBO AVAILABLE PLASTICS INC 401K PLAN
									100 MAGELLAN WAY (KW1C)
									COVINGTON KY 41015-1987
BOND MARKET INDEX (R1)			12.92%			9,179			RELIANCE TRUST CO TTEE
									FBO ADP ACCESS LARGE MARKET 401(K) PLAN
									201 17TH ST NW STE 1000
									ATLANTA GA 30363-1195
BOND MARKET INDEX (R3)			56.09%			572,062			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
BOND MARKET INDEX (R3)			18.45%			188,204			PRINCIPAL TRUST COMPANY
									FBO EXEC NQ EXCESS OF MAGNECOMP CORP
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
BOND MARKET INDEX (R3)			9.04%			92,254			EQUIPMENT DEVELOPMENT CO INC
									ATTN PLAN TRUSTEE
									FBO EDCO NQ DEF COMP PLAN
									100 THOMAS JOHNSON DR
									FREDERICK MD 21702-4600
BOND MARKET INDEX (R4)			57.12%			222,317			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

A-11

---

BOND MARKET INDEX (R4)			22.70%			88,354			PRINCIPAL TRUST COMPANY
									FBO ISS FACILITY SERVICES HLDNG INC EX DC PLN
									ATTN PLAN TRUSTEE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
BOND MARKET INDEX (R5)			45.20%			541,692			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
BOND MARKET INDEX (R5)			22.36%			268,010			FEDERAL REALTY INVESTMENT TRUST
									FBO FEDERAL REALTY INVESTMENT TRUST
									ATTN VICKIE RALLS
									1626 E JEFFERSON ST
									ROCKVILLE MD 20852-4041
BOND MARKET INDEX (R5)			5.05%			60,526			PRINCIPAL TRUST COMPANY
									ATTN SUSAN SAGGIONE
									FBO LT INCENTIVE PERFORMACE OF MTSI
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
CALIFORNIA MUNICIPAL (A)			24.50%			8,173,837			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
CALIFORNIA MUNICIPAL (A)			22.83%			7,618,042			J. P. MORGAN SECURITIES LLC
									FBO EXCLUSIVE BENEFIT OF OUR CUST
									4 CHASE METROTECH CTR
									BROOKLYN NY 11245-0003
CALIFORNIA MUNICIPAL (A)			12.71%			4,240,277			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
CALIFORNIA MUNICIPAL (A)			8.09%			2,698,914			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
CALIFORNIA MUNICIPAL (A)			7.49%			2,498,547			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965

A-12

---

CALIFORNIA MUNICIPAL (A)			5.79%			1,933,386			MLPF&S FOR THE SOLE
									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR EAST
									BUILDING ONE, 2ND FLOOR
									JACKSONVILLE FL 32246-6484
CALIFORNIA MUNICIPAL (C)			36.93%			978,925			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
CALIFORNIA MUNICIPAL (C)			14.93%			395,850			J. P. MORGAN SECURITIES LLC
									FBO EXCLUSIVE BENEFIT OF OUR CUST
									4 CHASE METROTECH CTR
									BROOKLYN NY 11245-0003
CALIFORNIA MUNICIPAL (C)			13.84%			366,848			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
CALIFORNIA MUNICIPAL (C)			8.64%			229,098			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
CALIFORNIA MUNICIPAL (C)			7.35%			195,029			LPL FINANCIAL
									OMNIBUS CUSTOMER ACCOUNT
									ATTN MUTUAL FUND TRADING
									4707 EXECUTIVE DR
									SAN DIEGO CA 92121-3091
CALIFORNIA MUNICIPAL (I)			25.78%			5,725,600			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
CALIFORNIA MUNICIPAL (I)			14.86%			3,299,664			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
CALIFORNIA MUNICIPAL (I)			12.71%			2,822,495			AMERICAN ENTERPRISE INVESTMENT SVC
									FBO #41999970
									707 2ND AVE S
									MINNEAPOLIS MN 55402-2405

A-13

---

CALIFORNIA MUNICIPAL (I)			8.95%			1,988,151			MLPF&S FOR THE SOLE
									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR E FL 2
									JACKSONVILLE FL 32246-6484
CALIFORNIA MUNICIPAL (I)			6.66%			1,480,332			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
CALIFORNIA MUNICIPAL (I)			6.46%			1,435,264			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
CALIFORNIA MUNICIPAL (I)			5.69%			1,265,045			LPL FINANCIAL
									OMNIBUS CUSTOMER ACCOUNT
									ATTN MUTUAL FUND TRADING
									4707 EXECUTIVE DR
									SAN DIEGO CA 92121-3091
CALIFORNIA MUNICIPAL (I)			5.02%			1,114,792			TD AMERITRADE INC FOR THE
									EXCLUSIVE BENEFIT OF OUR CLIENTS
									PO BOX 2226
									OMAHA NE 68103-2226
CAPITAL SECURITIES (S)			31.77%			38,439,848			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
CAPITAL SECURITIES (S)			29.49%			35,679,591			MLPF&S FOR THE SOLE
									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR E FL 3
									JACKSONVILLE FL 32246-6484
CAPITAL SECURITIES (S)			15.32%			18,536,737			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
CAPITAL SECURITIES (S)			5.10%			6,172,206			UBS WM USA
									0O0 11011 6100
									OMNI ACCOUNT M/F
									SPEC CDY A/C EBOC UBSFSI
									1000 HARBOR BLVD
									WEEHAWKEN NJ 07086-6761

A-14

---

CORE FIXED INCOME (A)			28.14%			6,653,537			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
CORE FIXED INCOME (A)			10.04%			2,374,089			J. P. MORGAN SECURITIES LLC
									FBO EXCLUSIVE BENEFIT OF OUR CUST
									4 CHASE METROTECH CTR
									BROOKLYN NY 11245-0003
CORE FIXED INCOME (C)			22.86%			474,731			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
CORE FIXED INCOME (C)			12.58%			261,305			RAYMOND JAMES
									OMNIBUS FOR MUTUAL FUNDS
									HOUSE ACCT FIRM 92500015
									ATTN: COURTNEY WALLER
									880 CARILLON PKWY
									ST PETERSBURG FL 33716-1102
CORE FIXED INCOME (C)			10.91%			226,601			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
CORE FIXED INCOME (I)			60.49%			49,923,235			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
CORE FIXED INCOME (I)			11.27%			9,307,533			AMERICAN ENTERPRISE INVESTMENT SVC
									FBO #41999970
									707 2ND AVE S
									MINNEAPOLIS MN 55402-2405
CORE FIXED INCOME (I)			6.71%			5,544,169			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
CORE FIXED INCOME (R1)			95.97%			853,646			VOYA INSTITUTIONAL TRUST COMPANY
									1 ORANGE WAY
									WINDSOR CT 06095-4773

A-15

---

CORE FIXED INCOME (R3)			62.68%			774,578			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
CORE FIXED INCOME (R3)			12.42%			153,566			SAMMONS RETIREMENT SOLUTIONS
									8300 MILLS CIVIC PKWY
									WDM IA 50266-3833
CORE FIXED INCOME (R3)			10.08%			124,630			PRINCIPAL TRUST COMPANY
									FBO GU & IM DDS PS DEFINED BENEFIT PLAN
									9954 RAINIER AVE S
									SEATTLE WA 98118-5941
CORE FIXED INCOME (R4)			95.35%			992,681			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
CORE FIXED INCOME (R5)			87.13%			2,044,155			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
CORE FIXED INCOME (R5)			6.59%			154,694			T ROWE PRICE RETIREMENT PLAN
									SERVICES INC
									FBO RETIREMENT PLAN CLIENTS
									4515 PAINTERS MILL RD
									OWINGS MILLS MD 21117-4903
CORE FIXED INCOME (R6)			19.90%			208,845,887			LIFETIME 2030 FUND
									ATTN MUTUAL FUND ACCOUNTING- H221
									711 HIGH ST
									DES MOINES IA 50392-0001
CORE FIXED INCOME (R6)			16.11%			169,106,930			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
CORE FIXED INCOME (R6)			9.71%			101,904,842			LIFETIME 2020 FUND
									ATTN MUTUAL FUND ACCOUNTING H-221
									711 HIGH ST
									DES MOINES IA 50392-0001
CORE FIXED INCOME (R6)			8.22%			86,341,445			SAM FLEXIBLE INCOME PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001

A-16

---

CORE FIXED INCOME (R6)			6.62%			69,523,782			LIFETIME 2040 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
CORE FIXED INCOME (R6)			6.51%			68,335,890			SAM BALANCED PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING -H221
									711 HIGH ST
									DES MOINES IA 50392-0001
CORE FIXED INCOME (R6)			5.35%			56,222,572			LIFETIME 2025 FUND
									ATTN MUTUAL FUND ACCOUNTING- H221
									711 HIGH ST
									DES MOINES IA 50392-0001
CORE PLUS BOND (A)			12.08%			949,781			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
CORE PLUS BOND (I)			79.40%			32,097,681			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
CORE PLUS BOND (I)			9.01%			3,644,782			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
CORE PLUS BOND (R1)			88.44%			303,536			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
CORE PLUS BOND (R1)			11.38%			39,076			MID ATLANTIC TRUST COMPANY FBO
									UNITED STATES SQUASH RACQUETS 401(K)
									1251 WATERFRONT PLACE SUITE 525
									PITTSBURGH PA 15222-4228
CORE PLUS BOND (R3)			70.33%			1,130,893			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

A-17

---

CORE PLUS BOND (R3)			6.48%			104,313			PRINCIPAL TRUST COMPANY
									FBO SCOTT CONTRACTING CASH BALANCE PLAN
									702 OLD PEACHTREE RD NW STE 100
									SUWANEE GA 30024-4923
CORE PLUS BOND (R4)			74.28%			400,185			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
CORE PLUS BOND (R4)			7.44%			40,111			RANGER PIPELINES INCORPORATED
									FBO RANGER PIPELINES INC NQ EXCESS PLAN
									ATTN PLAN TRUSTEE
									1790 YOSEMITE AVE
									SAN FRANCISCO CA 94124-2622
CORE PLUS BOND (R4)			6.49%			35,009			NOMURA HOLDING AMERICA INC
									ATTN PLAN TRUSTEE
									FBO NOMURA SUPP RET SAVINGS
									309 W 49TH ST
									NEW YORK NY 10019-9102
CORE PLUS BOND (R5)			84.92%			3,655,036			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
CORE PLUS BOND (R5)			5.26%			226,453			NORTHWEST ADMINISTRATORS
									FBO NQ EXCESS OF NW ADMINISTRATORS
									ATTN GAYLE BUSHNELL
									2323 EASTLAKE AVE E
									SEATTLE WA 98102-3963
DIVERSIFIED INCOME (A)			15.15%			14,559,351			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
DIVERSIFIED INCOME (A)			11.54%			11,091,651			MLPF&S FOR THE SOLE
									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR E FL 3
									JACKSONVILLE FL 32246-6484
DIVERSIFIED INCOME (A)			11.31%			10,868,581			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965

A-18

---

DIVERSIFIED INCOME (A)			11.25%			10,817,603			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
DIVERSIFIED INCOME (A)			6.23%			5,988,666			UBS WM USA
									0O0 11011 6100
									OMNI ACCOUNT M/F
									SPEC CDY A/C EBOC UBSFSI
									1000 HARBOR BLVD
									WEEHAWKEN NJ 07086-6761
DIVERSIFIED INCOME (A)			5.70%			5,482,507			RAYMOND JAMES
									OMNIBUS FOR MUTUAL FUNDS
									HOUSE ACCT FIRM 92500015
									ATTN: COURTNEY WALLER
									880 CARILLON PKWY
									ST PETERSBURG FL 33716-1102
DIVERSIFIED INCOME (A)			5.00%			4,806,297			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FBO CUSTOMERS
									ATTN MUTUAL FUNDS
									211 MAIN STREET
									SAN FRANCISCO CA 94105-1901
DIVERSIFIED INCOME (C)			30.94%			6,436,530			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
DIVERSIFIED INCOME (C)			11.05%			2,299,059			RAYMOND JAMES
									OMNIBUS FOR MUTUAL FUNDS
									HOUSE ACCT FIRM 92500015
									ATTN: COURTNEY WALLER
									880 CARILLON PKWY
									ST PETERSBURG FL 33716-1102
DIVERSIFIED INCOME (C)			8.63%			1,796,273			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
DIVERSIFIED INCOME (C)			7.85%			1,634,496			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995

A-19

---

DIVERSIFIED INCOME (C)			5.79%			1,205,689			CHARLES SCHWAB & CO INC
									FBO SPECIAL CUSTODY ACCOUNTS
									ATTN MUTUAL FUNDS
									211 MAIN ST
									SAN FRANCISCO CA 94105-1901
DIVERSIFIED INCOME (C)			5.31%			1,106,540			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
DIVERSIFIED INCOME (C)			5.16%			1,073,514			AMERICAN ENTERPRISE INVESTMENT SVC
									FBO #41999970
									707 2ND AVE S
									MINNEAPOLIS MN 55402-2405
DIVERSIFIED INCOME (C)			5.00%			1,041,761			UBS WM USA
									0O0 11011 6100
									OMNI ACCOUNT M/F
									SPEC CDY A/C EBOC UBSFSI
									1000 HARBOR BLVD
									WEEHAWKEN NJ 07086-6761
DIVERSIFIED INCOME (I)			14.91%			20,974,175			MLPF&S FOR THE SOLE
									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR E FL 3
									JACKSONVILLE FL 32246-6484
DIVERSIFIED INCOME (I)			13.54%			19,047,194			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
DIVERSIFIED INCOME (I)			10.05%			14,140,713			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
DIVERSIFIED INCOME (I)			9.53%			13,408,332			UBS WM USA
									0O0 11011 6100
									OMNI ACCOUNT M/F
									SPEC CDY A/C EBOC UBSFSI
									1000 HARBOR BLVD
									WEEHAWKEN NJ 07086-6761
DIVERSIFIED INCOME (I)			8.97%			12,624,261			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FBO CUSTOMERS
									ATTN MUTUAL FUNDS
									211 MAIN STREET
									SAN FRANCISCO CA 94105-1901

A-20

---

DIVERSIFIED INCOME (I)			7.90%			11,124,803			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
DIVERSIFIED INCOME (I)			7.79%			10,966,890			RAYMOND JAMES
									OMNIBUS FOR MUTUAL FUNDS
									HOUSE ACCT FIRM 92500015
									ATTN: COURTNEY WALLER
									880 CARILLON PKWY
									ST PETERSBURG FL 33716-1102
DIVERSIFIED INCOME (I)			6.97%			9,813,895			LPL FINANCIAL
									OMNIBUS CUSTOMER ACCOUNT
									ATTN MUTUAL FUND TRADING
									4707 EXECUTIVE DR
									SAN DIEGO CA 92121-3091
DIVERSIFIED INCOME (I)			5.49%			7,724,530			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
DIVERSIFIED INCOME (R6)			37.86%			1,406,509			ATTN MUTUAL FUNDS OPERATIONS
									MAC & CO A/C 798018
									500 GRANT STREET ROOM 151-1010
									PITTSBURGH PA 15219-2502
DIVERSIFIED INCOME (R6)			12.11%			450,113			ATTN MUTUAL FUND OPERATIONS
									MAC & CO A/C 798045
									500 GRANT STREET ROOM 151-1010
									PITTSBURGH PA 15219-2502
DIVERSIFIED INCOME (R6)			9.45%			351,365			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
DIVERSIFIED INCOME (R6)			6.64%			246,742			ATTN MUTUAL FUND OPERATIONS
									MAC & CO A/C 798041
									500 GRANT STREET ROOM 151-1010
									PITTSBURGH PA 15219-2502
DIVERSIFIED INCOME (R6)			6.27%			233,106			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001

A-21

---

DIVERSIFIED INTERNATIONAL (A)			12.98%			2,279,438			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
DIVERSIFIED INTERNATIONAL (I)			60.11%			21,518,202			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
DIVERSIFIED INTERNATIONAL (I)			12.15%			4,351,236			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FBO CUSTOMERS
									ATTN MUTUAL FUNDS
									211 MAIN STREET
									SAN FRANCISCO CA 94105-1901
DIVERSIFIED INTERNATIONAL (I)			7.79%			2,791,182			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
DIVERSIFIED INTERNATIONAL (R1)			86.12%			172,075			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
DIVERSIFIED INTERNATIONAL (R1)			8.57%			17,131			RELIANCE TRUST CO TTEE
									FBO ADP ACCESS LARGE MARKET 401(K) PLAN
									201 17TH ST NW STE 1000
									ATLANTA GA 30363-1195
DIVERSIFIED INTERNATIONAL (R3)			60.02%			469,140			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
DIVERSIFIED INTERNATIONAL (R4)			74.51%			427,725			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
DIVERSIFIED INTERNATIONAL (R4)			8.61%			49,454			PRINCIPAL TRUST COMPANY
									FBO CRST INTL NQ PLAN
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265

A-22

---

DIVERSIFIED INTERNATIONAL (R4)			5.89%			33,830			PRINCIPAL TRUST COMPANY
									FBO NQ BENEFIT FOR HCES OF MIECO
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
DIVERSIFIED INTERNATIONAL (R5)			75.20%			1,490,170			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
DIVERSIFIED INTERNATIONAL (R5)			7.56%			149,923			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FBO CUSTOMERS
									ATTN MUTUAL FUNDS
									101 MONTGOMERY ST
									SAN FRANCISCO CA 94104-4151
DIVERSIFIED INTERNATIONAL (R6)			12.89%			40,569,224			LIFETIME 2040 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
DIVERSIFIED INTERNATIONAL (R6)			12.28%			38,650,536			LIFETIME 2030 FUND
									ATTN MUTUAL FUND ACCOUNTING- H221
									711 HIGH ST
									DES MOINES IA 50392-0001
DIVERSIFIED INTERNATIONAL (R6)			9.95%			31,303,027			LIFETIME 2050 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
DIVERSIFIED INTERNATIONAL (R6)			5.06%			15,919,240			SAM BALANCED PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING -H221
									711 HIGH ST
									DES MOINES IA 50392-0001
DIVERSIFIED REAL ASSET (A)			20.43%			1,946,265			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FBO CUSTOMERS
									ATTN MUTUAL FUNDS
									101 MONTGOMERY ST
									SAN FRANCISCO CA 94104-4151
DIVERSIFIED REAL ASSET (A)			18.43%			1,755,714			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995

A-23

---

DIVERSIFIED REAL ASSET (A)			6.59%			627,560			TD AMERITRADE INC FOR THE
									EXCLUSIVE BENEFIT OF OUR CLIENTS
									PO BOX 2226
									OMAHA NE 68103-2226
DIVERSIFIED REAL ASSET (A)			5.12%			487,776			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
DIVERSIFIED REAL ASSET (A)			5.08%			484,629			MLPF&S FOR THE SOLE
									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR E FL 3
									JACKSONVILLE FL 32246-6484
DIVERSIFIED REAL ASSET (I)			22.21%			44,335,802			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
DIVERSIFIED REAL ASSET (I)			19.79%			39,516,944			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FOR THE
									BENIFIT OF CUSTOMERS
									ATTN MUTUAL FUNDS
									101 MONTGOMERY ST
									SAN FRANCISCO CA 94104-4151
DIVERSIFIED REAL ASSET (I)			10.00%			19,969,401			CAPINCO C/O US BANK NA
									1555 N RIVERCENTER DR STE 302
									MILWAUKEE WI 53212-3958
DIVERSIFIED REAL ASSET (I)			6.28%			12,536,311			MLPF&S FOR THE SOLE
									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR E FL 3
									JACKSONVILLE FL 32246-6484
DIVERSIFIED REAL ASSET (R3)			97.46%			24,157			PRINCIPAL TRUST COMPANY
									FBO BLUE ROCK REFINISHING SOLUTIONS
									LLC CASH BALANCE PLAN
									2974 CLEVELAND AVE N
									SAINT PAUL MN 55113-1101
DIVERSIFIED REAL ASSET (R6)			15.32%			22,273,214			NATIONAL FINANCIAL SERVICES LLC
									499 WASHINGTON BLVD
									JERSEY CITY NJ 07310-1995

A-24

---

DIVERSIFIED REAL ASSET (R6)			11.38%			16,555,567			SAM BALANCED PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING -H221
									711 HIGH ST
									DES MOINES IA 50392-0001
DIVERSIFIED REAL ASSET (R6)			8.25%			12,003,420			SAM CONS GROWTH PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
DIVERSIFIED REAL ASSET (R6)			7.28%			10,596,575			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
DIVERSIFIED REAL ASSET (R6)			5.30%			7,706,626			CAPINCO C/O US BANK NA
									1555 N RIVERCENTER DR STE 302
									MILWAUKEE WI 53212-3958
EDGE MIDCAP (A)			25.97%			396,358			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
EDGE MIDCAP (A)			18.87%			287,966			AMERICAN ENTERPRISE INVESTMENT SVC
									FBO #41999970
									707 2ND AVE S
									MINNEAPOLIS MN 55402-2405
EDGE MIDCAP (A)			13.02%			198,783			MINNESOTA LIFE INSURANCE COMPANY
									400 ROBERT ST N STE A
									SAINT PAUL MN 55101-2099
EDGE MIDCAP (I)			29.11%			1,277,806			AMERICAN ENTERPRISE INVESTMENT SVC
									FBO #41999970
									707 2ND AVE S
									MINNEAPOLIS MN 55402-2405
EDGE MIDCAP (I)			23.65%			1,038,423			MAILCODE BD1N ATTN MF
									C/O RELIANCE TRUST COMPANY WI
									MITRA & CO FBO 98
									4900 W BROWN DEER RD
									MILWAUKEE WI 53223-2422
EDGE MIDCAP (I)			19.14%			840,146			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995

A-25

---

EDGE MIDCAP (I)			7.02%			308,221			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FBO CUSTOMERS
									ATTN MUTUAL FUNDS
									211 MAIN STREET
									SAN FRANCISCO CA 94105-1901
EDGE MIDCAP (I)			5.33%			234,376			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
EDGE MIDCAP (R6)			36.05%			915,215			TIAA, FSB CUST/TTEE FBO:
									RETIREMENT PLANS FOR WHICH
									TIAA ACTS AS RECORDKEEPER
									ATTN: TRUST OPERATIONS
									211 N BROADWAY STE 1000
									SAINT LOUIS MO 63102-2748
EDGE MIDCAP (R6)			29.02%			736,786			JASCO & CO
									800 PHILADELPHIA ST
									INDIANA PA 15701-3908
EDGE MIDCAP (R6)			11.11%			282,173			ATTN MUTUAL FUND ADMINISTRATOR
									C/O TRUIST ID 866
									SEI PRIVATE TRUST COMPANY
									ONE FREEDOM VALLEY DRIVE
									OAKS PA 19456-9989
EDGE MIDCAP (R6)			8.79%			223,163			NATIONAL FINANCIAL SERVICES LLC
									499 WASHINGTON BLVD
									JERSEY CITY NJ 07310-1995
EDGE MIDCAP (R6)			7.06%			179,437			C/O REGIONS
									SEI PRIVATE TRUST COMPANY
									1 FREEDOM VALLEY DRIVE
									OAKS PA 19456-9989
EQUITY INCOME (A)			16.16%			5,494,449			J. P. MORGAN SECURITIES LLC
									FBO EXCLUSIVE BENEFIT OF OUR CUST
									4 CHASE METROTECH CTR
									BROOKLYN NY 11245-0003
EQUITY INCOME (A)			13.26%			4,507,738			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
EQUITY INCOME (A)			9.27%			3,152,265			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FOR THE
									BENIFIT OF CUSTOMERS
									ATTN MUTUAL FUNDS
									101 MONTGOMERY ST
									SAN FRANCISCO CA 94104-4151

A-26

---

EQUITY INCOME (A)			5.13%			1,746,449			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
EQUITY INCOME (C)			23.16%			646,861			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
EQUITY INCOME (C)			11.69%			326,613			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
EQUITY INCOME (C)			8.04%			224,714			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
EQUITY INCOME (C)			6.69%			186,910			MLPF&S FOR THE SOLE
									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR EAST 3RD FL
									JACKSONVILLE FL 32246-6484
EQUITY INCOME (C)			6.60%			184,564			RAYMOND JAMES
									OMNIBUS FOR MUTUAL FUNDS
									HOUSE ACCT FIRM 92500015
									ATTN: COURTNEY WALLER
									880 CARILLON PKWY
									ST PETERSBURG FL 33716-1102
EQUITY INCOME (C)			6.28%			175,382			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
EQUITY INCOME (C)			5.71%			159,680			STIFEL NICOLAUS & CO INC
									EXCLUSIVE BENEFIT OF CUSTOMERS
									501 N BROADWAY
									SAINT LOUIS MO 63102-2188
EQUITY INCOME (I)			27.42%			60,963,241			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001

A-27

---

EQUITY INCOME (I)			11.39%			25,336,362			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
EQUITY INCOME (I)			5.21%			11,596,308			SAM BALANCED PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING -H221
									711 HIGH ST
									DES MOINES IA 50392-0001
EQUITY INCOME (R1)			90.53%			51,352			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
EQUITY INCOME (R1)			9.26%			5,258			PRINCIPAL TRUST COMPANY
									FBO CONCORP CONCRETE INC DEFINED
									BENEFIT PENSION PLAN
									2485 ASHCROFT AVE
									CLOVIS CA 93611-6001
EQUITY INCOME (R3)			52.29%			463,354			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
EQUITY INCOME (R3)			12.37%			109,677			SAMMONS RETIREMENT SOLUTIONS
									8300 MILLS CIVIC PKWY
									WDM IA 50266-3833
EQUITY INCOME (R3)			6.02%			53,404			STATE STREET BANK AND TRUST COMPANY
									TRUSTEE AND/OR CUSTODIAN
									FBO ADP ACCESS PRODUCT
									1 LINCOLN ST
									BOSTON MA 02111-2901
EQUITY INCOME (R4)			54.44%			405,383			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
EQUITY INCOME (R4)			26.41%			196,650			PIMS/PRUDENTIAL RETIREMENT
									AS NOMINEE FOR THE TTEE/CUST PL 764
									NYSA-ILA MONEY PURCHASE PENSION
									10 EXCHANGE PL STE 1400
									JERSEY CITY NJ 07302-4931

A-28

---

EQUITY INCOME (R5)			89.80%			3,737,269			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
FINISTERRE EMERG MKTS TOTAL RT BD (I)			25.84%			12,444,105			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
FINISTERRE EMERG MKTS TOTAL RT BD (I)			13.34%			6,427,154			SAM BALANCED PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING -H221
									711 HIGH ST
									DES MOINES IA 50392-0001
FINISTERRE EMERG MKTS TOTAL RT BD (I)			12.18%			5,869,022			SAM FLEXIBLE INCOME PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
FINISTERRE EMERG MKTS TOTAL RT BD (I)			9.68%			4,661,652			SAM CONS BALANCED PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
FINISTERRE EMERG MKTS TOTAL RT BD (I)			7.99%			3,850,855			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
FINISTERRE EMERG MKTS TOTAL RT BD (I)			5.80%			2,793,184			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY ACCT FBO CUSTOMERS
									ATTN MUTUAL FUNDS
									211 MAIN ST
									SAN FRANCISCO CA 94105-1901
FINISTERRE EMERG MKTS TOTAL RT BD (I)			5.54%			2,669,609			SAM CONS GROWTH PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001

A-29

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
GLOBAL SUSTAINABLE LISTED			67.66%			961,546			PRINCIPAL FINANCIAL SERVICES INC
INFRASTRUCTURE (I)									PUBLIC SEED ACCOUNT
									ATTN GAM INVACCT ACA TEAM G-016-S40
									711 HIGH ST
									DES MOINES IA 50392-9992
GLOBAL SUSTAINABLE LISTED			32.04%			455,373			CHURCH OF GOD BENEFITS BOARD INC
INFRASTRUCTURE (I)									PO BOX 4608
									CLEVELAND TN 37320-4608
GLOBAL EMERGING MARKETS (A)			19.80%			611,453			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
GLOBAL EMERGING MARKETS (I)			85.30%			2,436,254			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
GLOBAL EMERGING MARKETS (R1)			85.53%			48,791			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
GLOBAL EMERGING MARKETS (R3)			62.83%			118,542			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
GLOBAL EMERGING MARKETS (R3)			5.03%			9,494			PRINCIPAL TRUST COMPANY
									FBO SCOTT CONTRACTING CASH BALANCE PLAN
									702 OLD PEACHTREE RD NW STE 100
									SUWANEE GA 30024-4923
GLOBAL EMERGING MARKETS (R4)			75.01%			79,247			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
GLOBAL EMERGING MARKETS (R4)			12.37%			13,078			PRINCIPAL TRUST COMPANY
									FBO CRST INTL NQ PLAN
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265

A-30

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
GLOBAL EMERGING MARKETS (R5)			79.20%			186,588			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
GLOBAL EMERGING MARKETS (R6)			54.72%			144,895			BANKERS TRUST COMPANY
									FBO DEF COMP FOR SELECT INV
									PROFESSIONALS OF PFG AND ITS
									ATTN PLAN TRUSTEE
									453 7TH ST
									DES MOINES IA 50309-4110
GLOBAL EMERGING MARKETS (R6)			41.38%			109,560			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
GLOBAL MULTI-STRATEGY (A)			20.32%			766,124			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
GLOBAL MULTI-STRATEGY (A)			15.56%			586,860			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
GLOBAL MULTI-STRATEGY (A)			14.11%			532,102			MLPF&S FOR THE SOLE
									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR E FL 3
									JACKSONVILLE FL 32246-6484
GLOBAL MULTI-STRATEGY (A)			5.92%			223,252			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
GLOBAL MULTI-STRATEGY (I)			26.45%			8,418,028			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995

A-31

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
GLOBAL MULTI-STRATEGY (I)			17.34%			5,519,335			MLPF&S FOR THE SOLE
									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR E FL 3
									JACKSONVILLE FL 32246-6484
GLOBAL MULTI-STRATEGY (I)			16.33%			5,198,664			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
GLOBAL MULTI-STRATEGY (I)			5.48%			1,744,313			UBS WM USA
									0O0 11011 6100
									OMNI ACCOUNT M/F
									SPEC CDY A/C EBOC UBSFSI
									1000 HARBOR BLVD
									WEEHAWKEN NJ 07086-6761
GLOBAL MULTI-STRATEGY (I)			5.15%			1,638,939			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
GLOBAL MULTI-STRATEGY (R6)			51.91%			3,526,434			WELLS FARGO BANK NA
									PO BOX 1533
									MINNEAPOLIS MN 55480-1533
GLOBAL MULTI-STRATEGY (R6)			11.90%			808,856			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
GLOBAL MULTI-STRATEGY (R6)			11.77%			799,674			MORI & CO
									922 WALNUT ST
									MAILSTOP TBTS 2
									KANSAS CITY MO 64106-1802
GLOBAL MULTI-STRATEGY (R6)			10.76%			731,553			MLPF&S FOR THE SOLE
									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR E FL 2
									JACKSONVILLE FL 32246-6484
GLOBAL REAL ESTATE SECURITIES (A)			15.77%			1,551,821			MLPF&S FOR THE SOLE
									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR E FL 3
									JACKSONVILLE FL 32246-6484

A-32

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
GLOBAL REAL ESTATE SECURITIES (A)			13.74%			1,351,887			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FBO CUSTOMERS
									ATTN MUTUAL FUNDS
									101 MONTGOMERY STREET
									SAN FRANCISCO CA 94104-4151
GLOBAL REAL ESTATE SECURITIES (A)			13.70%			1,348,682			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
GLOBAL REAL ESTATE SECURITIES (A)			10.73%			1,056,598			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
GLOBAL REAL ESTATE SECURITIES (A)			9.30%			915,856			RAYMOND JAMES
									OMNIBUS FOR MUTUAL FUNDS
									HOUSE ACCT FIRM 92500015
									ATTN: COURTNEY WALLER
									880 CARILLON PKWY
									ST PETERSBURG FL 33716-1102
GLOBAL REAL ESTATE SECURITIES (I)			20.54%			33,662,763			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
GLOBAL REAL ESTATE SECURITIES (I)			18.64%			30,535,431			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
GLOBAL REAL ESTATE SECURITIES (I)			17.02%			27,896,493			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FOR THE
									BENIFIT OF CUSTOMERS
									ATTN MUTUAL FUNDS
									101 MONTGOMERY ST
									SAN FRANCISCO CA 94104-4151
GLOBAL REAL ESTATE SECURITIES (I)			7.84%			12,847,665			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965

A-33

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
GLOBAL REAL ESTATE SECURITIES (I)			6.35%			10,405,447			RAYMOND JAMES
									OMNIBUS FOR MUTUAL FUNDS
									HOUSE ACCT FIRM 92500015
									ATTN: COURTNEY WALLER
									880 CARILLON PKWY
									ST PETERSBURG FL 33716-1102
GLOBAL REAL ESTATE SECURITIES (R3)			33.33%			25,903			SAMMONS RETIREMENT SOLUTIONS
									8300 MILLS CIVIC PKWY
									WDM IA 50266-3833
GLOBAL REAL ESTATE SECURITIES (R3)			33.17%			25,778			PRINCIPAL TRUST COMPANY
									FBO BLUE ROCK REFINISHING SOLUTIONS
									LLC CASH BALANCE PLAN
									2974 CLEVELAND AVE N
									SAINT PAUL MN 55113-1101
GLOBAL REAL ESTATE SECURITIES (R3)			22.23%			17,280			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
GLOBAL REAL ESTATE SECURITIES (R3)			6.15%			4,786			STATE STREET BANK CUSTODIAN CUST
									FBO ACCESS ADP 401(K) PLAN
									1 LINCOLN STREET
									BOSTON MA 02111-2901
GLOBAL REAL ESTATE SECURITIES (R4)			68.56%			46,220			VOYA INSTITUTIONAL TRUST COMPANY
									1 ORANGE WAY
									WINDSOR CT 06095-4773
GLOBAL REAL ESTATE SECURITIES (R4)			29.38%			19,812			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
GLOBAL REAL ESTATE SECURITIES (R5)			82.43%			632,475			PIMS/PRUDENTIAL RETIREMENT
									AS NOMINEE FOR THE TTEE/CUST PL 002
									CITY OF JERSEY CITY
									280 GROVE STREET ROOM 106
									JERSEY CITY NJ 07302-3610
GLOBAL REAL ESTATE SECURITIES (R5)			12.48%			95,761			MID ATLANTIC TRUST COMPANY FBO
									MATC OMNIBUS DIV REINVEST
									1251 WATERFRONT PL STE 525
									PITTSBURGH PA 15222-4228

A-34

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
GLOBAL REAL ESTATE SECURITIES (R6)			27.52%			21,206,846			UBATCO & CO
									FBO COLLEGE SAVINGS GROUP
									PO BOX 82535
									LINCOLN NE 68501-2535
GLOBAL REAL ESTATE SECURITIES (R6)			9.08%			6,996,374			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
GLOBAL REAL ESTATE SECURITIES (R6)			8.47%			6,531,939			MAC & CO A/C 681885
									ATTN MUTUAL FUND OPS
									500 GRANT STREET ROOM 151-1010
									PITTSBURGH PA 15219-2502
GLOBAL REAL ESTATE SECURITIES (R6)			7.34%			5,656,266			NATIONAL FINANCIAL SERVICES LLC
									499 WASHINGTON BLVD
									JERSEY CITY NJ 07310-1995
GLOBAL REAL ESTATE SECURITIES (R6)			6.57%			5,063,632			NATIONWIDE TRUST COMPANY FSB
									C/O IPO PORTFOLIO ACCOUNTING
									PO BOX 182029
									COLUMBUS OH 43218-2029
GOVERNMENT & HIGH QUALITY BOND (A)			20.27%			3,942,443			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
GOVERNMENT & HIGH QUALITY BOND (A)			11.63%			2,262,104			J. P. MORGAN SECURITIES LLC
									FBO EXCLUSIVE BENEFIT OF OUR CUST
									4 CHASE METROTECH CTR
									BROOKLYN NY 11245-0003
GOVERNMENT & HIGH QUALITY BOND (I)			31.77%			12,336,231			SAM FLEXIBLE INCOME PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
GOVERNMENT & HIGH QUALITY BOND (I)			21.18%			8,223,873			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
GOVERNMENT & HIGH QUALITY BOND (I)			17.50%			6,793,375			SAM BALANCED PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING -H221
									711 HIGH ST
									DES MOINES IA 50392-0001

A-35

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
GOVERNMENT & HIGH QUALITY BOND (I)			12.04%			4,675,187			SAM CONS BALANCED PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
GOVERNMENT & HIGH QUALITY BOND (I)			5.47%			2,125,754			SAM CONS GROWTH PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
GOVERNMENT & HIGH QUALITY BOND (R1)			74.87%			210,159			PRINCIPAL TRUST COMPANY
									FBO KANE HANDEL DEFINED
									BENEFIT PLAN
									3525 DEL MAR HEIGHTS ROAD STE 231
									SAN DIEGO CA 92130-2199
GOVERNMENT & HIGH QUALITY BOND (R1)			23.65%			66,390			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
GOVERNMENT & HIGH QUALITY BOND (R3)			43.30%			156,155			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
GOVERNMENT & HIGH QUALITY BOND (R3)			10.08%			36,366			ASCENSUS TRUST COMPANY FBO
									STRUCTURAL ENGINEERING CENTER INC 70069
									PO BOX 10758
									FARGO ND 58106-0758
GOVERNMENT & HIGH QUALITY BOND (R3)			6.13%			22,112			USIC
									FBO USIC EXEC BENEFIT PLAN
									ATTN CARYN HILDRETH
									9045 RIVER RD STE 300
									INDIANAPOLIS IN 46240-6400
GOVERNMENT & HIGH QUALITY BOND (R4)			81.68%			497,552			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
GOVERNMENT & HIGH QUALITY BOND (R4)			6.40%			38,994			PRINCIPAL TRUST COMPANY
									FBO NQ BENEFIT FOR HCES OF MIECO
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265

A-36

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
GOVERNMENT & HIGH QUALITY BOND (R5)			43.46%			432,273			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
GOVERNMENT & HIGH QUALITY BOND (R5)			16.93%			168,439			BANKERS TRUST COMPANY
									FBO II-VI, INC DEFERRED
									COMPENSATION PLAN
									ATTN DEBBIE WILLIAMS
									453 7TH ST
									DES MOINES IA 50309-4110
GOVERNMENT & HIGH QUALITY BOND (R5)			15.65%			155,703			NORTHWEST ADMINISTRATORS
									FBO NQ EXCESS OF NW ADMINISTRATORS
									ATTN GAYLE BUSHNELL
									2323 EASTLAKE AVE E
									SEATTLE WA 98102-3963
GOVERNMENT & HIGH QUALITY BOND (R5)			11.18%			111,190			NATIONAL FINANCIAL SERVICES LLC
									499 WASHINGTON BLVD
									JERSEY CITY NJ 07310-1995
GOVERNMENT MONEY MARKET (I)			100.00%			10,055			PRINCIPAL GLOBAL INVESTORS LLC
									ATTN SEAN CLINES 801-9A08
									801 GRAND AVE
									DES MOINES IA 50309-8000
GOVERNMENT MONEY MARKET (R6)			12.69%			446,570,657			INCOME FUND
									FBO PGI
									ATTN MUTUAL FUND ACCOUNTING H221
									711 HIGH ST
									DES MOINES IA 50392-0001
GOVERNMENT MONEY MARKET (R6)			10.65%			375,000,066			BNY MELLON AS AGENT FOR VARIOUS
									PRINCIPAL FUNDS
									500 GRANT ST
									PITTSBURGH PA 15219-2502
GOVERNMENT MONEY MARKET (R6)			5.13%			180,818,975			EQUITY INCOME FUND
									FBO PGI
									ATTN MUTUAL FUND ACCOUNTING H221
									711 HIGH ST
									DES MOINES IA 50392-0001
HIGH INCOME (I)			55.15%			210,657,068			PRINCIPAL GLOBAL INVESTORS TRUST CO
									PRINCIPAL LIFETIME HYBRID
									COLLECTIVE INVESTMENT FUNDS
									1300 SW 5TH AVE STE 3300
									PORTLAND OR 97201-5640

A-37

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
HIGH INCOME (I)			9.20%			35,141,137			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
HIGH INCOME (I)			7.88%			30,132,541			LIFETIME 2030 FUND
									ATTN MUTUAL FUND ACCOUNTING- H221
									711 HIGH ST
									DES MOINES IA 50392-0001
HIGH YIELD (A)			14.94%			10,309,346			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
HIGH YIELD (A)			9.52%			6,569,844			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
HIGH YIELD (A)			5.32%			3,674,899			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
HIGH YIELD (A)			5.17%			3,572,338			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FOR THE
									BENIFIT OF CUSTOMERS
									ATTN MUTUAL FUNDS
									101 MONTGOMERY ST
									SAN FRANCISCO CA 94104-4151
HIGH YIELD (C)			19.43%			1,152,979			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
HIGH YIELD (C)			19.12%			1,134,634			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
HIGH YIELD (C)			6.89%			408,879			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001

A-38

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
HIGH YIELD (C)			6.89%			408,961			RAYMOND JAMES
									OMNIBUS FOR MUTUAL FUNDS
									HOUSE ACCT FIRM 92500015
									ATTN: COURTNEY WALLER
									880 CARILLON PKWY
									ST PETERSBURG FL 33716-1102
HIGH YIELD (C)			5.84%			346,445			CHARLES SCHWAB & CO INC
									FBO SPECIAL CUSTODY ACCOUNTS
									ATTN MUTUAL FUNDS
									211 MAIN ST
									SAN FRANCISCO CA 94105-1901
HIGH YIELD (I)			31.58%			62,148,303			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
HIGH YIELD (I)			14.16%			27,879,588			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
HIGH YIELD (I)			11.19%			22,026,847			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
HIGH YIELD (I)			6.42%			12,638,681			UBS WM USA
									0O0 11011 6100
									OMNI ACCOUNT M/F
									SPEC CDY A/C EBOC UBSFSI
									1000 HARBOR BLVD
									WEEHAWKEN NJ 07086-6761
HIGH YIELD (I)			5.10%			10,043,411			LPL FINANCIAL
									OMNIBUS CUSTOMER ACCOUNT
									ATTN MUTUAL FUND TRADING
									4707 EXECUTIVE DR
									SAN DIEGO CA 92121-3091
HIGH YIELD (R6)			18.50%			15,431,721			SAM BALANCED PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING -H221
									711 HIGH ST
									DES MOINES IA 50392-0001

A-39

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
HIGH YIELD (R6)			18.27%			15,238,354			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
HIGH YIELD (R6)			13.83%			11,534,041			WELLS FARGO BANK NA
									PO BOX 1533
									MINNEAPOLIS MN 55480-1533
HIGH YIELD (R6)			7.83%			6,535,783			SAM CONS BALANCED PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
HIGH YIELD (R6)			6.53%			5,447,365			SAM FLEXIBLE INCOME PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
HIGH YIELD (R6)			5.18%			4,325,643			SAM CONS GROWTH PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
INFLATION PROTECTION (I)			39.03%			76,686,996			PRINCIPAL GLOBAL INVESTORS TRUST CO
									PRINCIPAL LIFETIME HYBRID
									COLLECTIVE INVESTMENT FUNDS
									1300 SW 5TH AVE STE 3300
									PORTLAND OR 97201-5640
INFLATION PROTECTION (I)			11.89%			23,358,094			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
INFLATION PROTECTION (I)			9.62%			18,909,653			LIFETIME 2020 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
INFLATION PROTECTION (I)			7.72%			15,178,391			SAM FLEXIBLE INCOME PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001

A-40

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
INFLATION PROTECTION (R1)			99.84%			97,355			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
INFLATION PROTECTION (R3)			39.83%			365,366			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
INFLATION PROTECTION (R3)			21.80%			200,052			DSL CONSTRUCTION CORP
									FBO EXEC NQ EXCESS OF DSL CONSTRUCTIONS
									ATTN PLAN TRUSTEE
									11300 W OLYMPIC BLVD STE 770
									LOS ANGELES CA 90064-1644
INFLATION PROTECTION (R3)			14.37%			131,855			PRINCIPAL TRUST COMPANY
									ATTN PLAN TRUSTEE
									FBO PRCD HOLDINGS LLC NQ DEF COMP
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
INFLATION PROTECTION (R3)			5.57%			51,182			GREEN RIVER RENTALS
									FBO EXEC NQ EXCESS OF GREEN RIVER RENTALS
									ATTN PLAN TRUSTEE
									5720 NASHVILLE ROAD
									BOWLING GREEN KY 42101-7546
INFLATION PROTECTION (R3)			5.28%			48,466			PRINCIPAL TRUST COMPANY
									FBO DUPAGE INTERNAL MEDICINE LLC
									228 OXFORD AVE
									CLARENDON HLS IL 60514-2807
INFLATION PROTECTION (R4)			93.07%			507,008			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
INFLATION PROTECTION (R5)			89.82%			571,569			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

A-41

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
INFLATION PROTECTION (R5)			6.13%			39,070			COMANCHE COUNTY HOSPITAL AUTHORITY
									FBO COMANCHE COUNTY HOSPITAL
									AUTHORITY EMPLOYEE EXCESS PLAN
									ATTN DONNA WADE
									3401 W GORE BLVD
									LAWTON OK 73505-6300
INTERNATIONAL EQUITY INDEX (I)			25.57%			1,216,735			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
INTERNATIONAL EQUITY INDEX (I)			24.88%			1,183,683			LPL FINANCIAL
									OMNIBUS CUSTOMER ACCOUNT
									ATTN MUTUAL FUND TRADING
									4707 EXECUTIVE DR
									SAN DIEGO CA 92121-3091
INTERNATIONAL EQUITY INDEX (I)			22.17%			1,054,824			CHARLES SCHWAB & CO INC
									FBO SPECIAL CUSTODY ACCOUNTS
									ATTN MUTUAL FUNDS
									211 MAIN ST
									SAN FRANCISCO CA 94105-1901
INTERNATIONAL EQUITY INDEX (I)			15.01%			714,241			PIMS/PRUDENTIAL RETIREMENT
									AS NOMINEE FOR THE TTEE/CUST PL 008
									EMPIRE TODAY, LLC 401(K)
									333 NORTHWEST AVE
									NORTHLAKE IL 60164-1604
INTERNATIONAL EQUITY INDEX (R1)			67.51%			24,870			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
INTERNATIONAL EQUITY INDEX (R1)			13.95%			5,140			FIIOC FBO
									CENTRAL PARK INSURANCE AGENCY INC
									EMPLOYEES PROFIT SHARING PLAN
									100 MAGELLAN WAY
									COVINGTON KY 41015-1987
INTERNATIONAL EQUITY INDEX (R1)			8.06%			2,970			MID ATLANTIC TRUST COMPANY FBO
									BORIK HOSPITALIST GROUP, INC 401(K
									1251 WATERFRONT PLACE SUITE 525
									PITTSBURGH PA 15222-4228

A-42

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
INTERNATIONAL EQUITY INDEX (R1)			7.91%			2,915			FIIOC
									FBO KEITH PORTER INSULATION & FIREPLACE
									401K PLAN
									100 MAGELLAN WAY (KW1C)
									COVINGTON KY 41015-1987
INTERNATIONAL EQUITY INDEX (R3)			59.49%			684,536			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
INTERNATIONAL EQUITY INDEX (R3)			5.62%			64,672			STATE STREET BANK AND TRUST COMPANY
									TRUSTEE AND/OR CUSTODIAN
									FBO ADP ACCESS PRODUCT
									1 LINCOLN ST
									BOSTON MA 02111-2901
INTERNATIONAL EQUITY INDEX (R4)			43.96%			400,252			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
INTERNATIONAL EQUITY INDEX (R4)			24.24%			220,707			STATE STREET BANK AND TRUST COMPANY
									TRUSTEE AND/OR CUSTODIAN
									FBO ADP ACCESS PRODUCT
									1 LINCOLN ST
									BOSTON MA 02111-2901
INTERNATIONAL EQUITY INDEX (R4)			5.17%			47,156			PRINCIPAL TRUST COMPANY
									FBO LESLIE GABER ASSOC INC
									CASH BALANCE PLAN
									24 HILLCREST DR
									COLTS NECK NJ 07722-2227
INTERNATIONAL EQUITY INDEX (R5)			55.76%			885,675			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
INTERNATIONAL EQUITY INDEX (R5)			17.70%			281,136			WACHOVIA BANK NATIONAL ASSOCIATION
									FBO DEF COMP PLAN OF CED INC (PS DEF
									ATTN SHELLEY ANDERSON
									ONE WEST FOURTH STREET
									WINSTON-SALEM NC 27101-3972

A-43

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
INTERNATIONAL EQUITY INDEX (R5)			8.73%			138,708			FIIOC
									FBO PATTERSON & DEWAR ENGINEERS INC
									100 MAGELLAN WAY
									COVINGTON KY 41015-1987
INTERNATIONAL EQUITY INDEX (R5)			5.66%			89,922			RELIANCE TRUST COMPANY CUST
									FBO ADP ACCESS LARGE MARKET 401(K) PLAN
									201 17TH ST NW STE 1000
									ATLANTA GA 30363-1195
INTERNATIONAL EQUITY INDEX (R6)			39.05%			35,127,719			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
INTERNATIONAL EQUITY INDEX (R6)			33.11%			29,785,405			DIVERSIFIED GROWTH ACCOUNT
									ATTN MUTUAL FUND ACCOUNTING H221
									711 HIGH ST
									DES MOINES IA 50392-0001
INTERNATIONAL EQUITY INDEX (R6)			13.17%			11,846,358			DIVERSIFIED GROWTH VOLATILITY
									CONTROL ACCOUNT
									ATTN MUTUAL FUND ACCOUNTING H221
									711 HIGH ST
									DES MOINES IA 50392-0001
INTERNATIONAL EQUITY INDEX (R6)			5.68%			5,111,959			DIVERSIFIED BALANCED ACCOUNT
									ATTN MUTUAL FUND ACCOUNTING H221
									711 HIGH ST
									DES MOINES IA 50392-0001
INTERNATIONAL I (I)			71.59%			5,819,040			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
INTERNATIONAL I (I)			12.04%			979,303			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
INTERNATIONAL I (I)			6.08%			494,847			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FOR THE
									BENEFIT OF CUSTOMERS
									ATTN MUTUAL FUNDS
									101 MONTGOMERY ST
									SAN FRANCISCO CA 94104-4151

A-44

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
INTERNATIONAL I (R1)			100.00%			82,295			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
INTERNATIONAL I (R3)			90.84%			122,457			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
INTERNATIONAL I (R4)			92.55%			38,895			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
INTERNATIONAL I (R4)			5.90%			2,483			INTL UNION AGAINST TB & LUNG DIS
									FBO INTL UNION AGAINST TB&LD VITAL
									ATTN PLAN TRUSTEE
									STRATEGIES 457B
									61 BROADWAY STE 1010
									NEW YORK NY 10006-2738
INTERNATIONAL I (R5)			97.94%			180,369			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
INTERNATIONAL I (R6)			78.09%			12,617,383			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
INTERNATIONAL I (R6)			9.18%			1,484,695			C/O BANKERS TRUST
									1 FREEDOM VALLEY DR
									OAKS PA 19456-9989
INTERNATIONAL SMALL COMPANY (I)			72.35%			3,288,832			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
INTERNATIONAL SMALL COMPANY (I)			9.83%			446,993			THE GRABLE FOUNDATION
									701 MARKET ST STE 1100
									SAINT LOUIS MO 63101-1867
INTERNATIONAL SMALL COMPANY (I)			8.46%			384,582			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS

A-45

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
INTERNATIONAL SMALL COMPANY (R6)			13.50%			9,385,988			LIFETIME 2040 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
INTERNATIONAL SMALL COMPANY (R6)			13.05%			9,072,935			LIFETIME 2030 FUND
									ATTN MUTUAL FUND ACCOUNTING- H221
									711 HIGH ST
									DES MOINES IA 50392-0001
INTERNATIONAL SMALL COMPANY (R6)			10.38%			7,220,582			LIFETIME 2050 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
INTERNATIONAL SMALL COMPANY (R6)			7.16%			4,983,900			SAM STRATEGIC GROWTH PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
INTERNATIONAL SMALL COMPANY (R6)			6.84%			4,759,828			SAM BALANCED PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING -H221
									711 HIGH ST
									DES MOINES IA 50392-0001
INTERNATIONAL SMALL COMPANY (R6)			6.30%			4,380,050			SAM CONS GROWTH PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
LARGECAP GROWTH I (A)			13.94%			4,187,241			J. P. MORGAN SECURITIES LLC
									FBO EXCLUSIVE BENEFIT OF OUR CUST
									4 CHASE METROTECH CTR
									BROOKLYN NY 11245-0003
LARGECAP GROWTH I (A)			8.27%			2,485,330			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995

A-46

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
LARGECAP GROWTH I (I)			78.47%			136,367,386			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
LARGECAP GROWTH I (I)			8.58%			14,915,526			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
LARGECAP GROWTH I (R1)			95.34%			834,662			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
LARGECAP GROWTH I (R3)			72.22%			3,632,559			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
LARGECAP GROWTH I (R4)			50.62%			1,897,354			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
LARGECAP GROWTH I (R4)			22.37%			838,435			EMPOWER TRUST FBO
									EMPLOYEE BENEFITS CLIENTS 401K
									8515 E ORCHARD RD 2T2
									GREENWOOD VILLAGE CO 80111-5002
LARGECAP GROWTH I (R4)			5.85%			219,316			CHARLES SCHWAB & CO INC
									FBO CHARLES SCHWAB & CO INC
									ATTN MUTUAL FUNDS
									101 MONTGOMERY ST
									SAN FRANCISCO CA 94104-4151
LARGECAP GROWTH I (R5)			78.45%			9,660,061			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
LARGECAP GROWTH I (R5)			5.90%			726,637			RELIANCE TRUST CO TTEE
									FBO ADP ACCESS LARGE MARKET 401(K) PLAN
									201 17TH ST NW STE 1000
									ATLANTA GA 30363-1195

A-47

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
LARGECAP GROWTH I (R6)			59.63%			269,368,908			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
LARGECAP GROWTH I (R6)			5.95%			26,890,589			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
LARGECAP GROWTH I (R6)			5.23%			23,625,692			LIFETIME 2040 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
LARGECAP S&P 500 INDEX (A)			18.08%			5,057,667			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
LARGECAP S&P 500 INDEX (A)			6.71%			1,877,516			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
LARGECAP S&P 500 INDEX (C)			17.55%			400,094			LPL FINANCIAL
									OMNIBUS CUSTOMER ACCOUNT
									ATTN MUTUAL FUND TRADING
									4707 EXECUTIVE DR
									SAN DIEGO CA 92121-3091
LARGECAP S&P 500 INDEX (C)			14.38%			327,696			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
LARGECAP S&P 500 INDEX (C)			10.46%			238,518			STIFEL NICOLAUS & CO INC
									EXCLUSIVE BENEFIT OF CUSTOMERS
									501 N BROADWAY
									SAINT LOUIS MO 63102-2188
LARGECAP S&P 500 INDEX (C)			10.39%			236,804			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523

A-48

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
LARGECAP S&P 500 INDEX (C)			5.38%			122,617			RAYMOND JAMES
									OMNIBUS FOR MUTUAL FUNDS
									HOUSE ACCT FIRM 92500015
									ATTN: COURTNEY WALLER
									880 CARILLON PKWY
									ST PETERSBURG FL 33716-1100
LARGECAP S&P 500 INDEX (I)			9.93%			18,411,179			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
LARGECAP S&P 500 INDEX (I)			9.12%			16,903,144			LIFETIME 2040 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
LARGECAP S&P 500 INDEX (I)			8.68%			16,092,576			LIFETIME 2030 FUND
									ATTN MUTUAL FUND ACCOUNTING- H221
									711 HIGH ST
									DES MOINES IA 50392-0001
LARGECAP S&P 500 INDEX (I)			7.01%			13,004,040			LIFETIME 2050 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
LARGECAP S&P 500 INDEX (R1)			71.53%			442,722			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
LARGECAP S&P 500 INDEX (R3)			61.59%			4,045,187			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
LARGECAP S&P 500 INDEX (R4)			47.54%			2,382,924			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
LARGECAP S&P 500 INDEX (R4)			5.44%			272,817			STATE STREET BANK AND TRUST COMPANY
									TRUSTEE AND/OR CUSTODIAN
									FBO ADP ACCESS PRODUCT
									1 LINCOLN ST
									BOSTON MA 02111-2901

A-49

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
LARGECAP S&P 500 INDEX (R4)			5.18%			259,959			NOMURA HOLDING AMERICA INC
									ATTN PLAN TRUSTEE
									FBO NOMURA SUPP RET SAVINGS
									309 W 49TH ST
									NEW YORK NY 10019-9102
LARGECAP S&P 500 INDEX (R5)			71.91%			9,029,730			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
LARGECAP VALUE III (I)			13.44%			19,976,970			LIFETIME 2040 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
LARGECAP VALUE III (I)			12.80%			19,027,417			LIFETIME 2030 FUND
									ATTN MUTUAL FUND ACCOUNTING- H221
									711 HIGH ST
									DES MOINES IA 50392-0001
LARGECAP VALUE III (I)			11.62%			17,272,147			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
LARGECAP VALUE III (I)			10.34%			15,367,919			LIFETIME 2050 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
LARGECAP VALUE III (I)			7.46%			11,084,345			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
LARGECAP VALUE III (R1)			91.82%			216,820			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
LARGECAP VALUE III (R1)			6.91%			16,340			RELIANCE TRUST CO TTEE
									FBO ADP ACCESS LARGE MARKET 401(K) PLAN
									201 17TH ST NW STE 1000
									ATLANTA GA 30363-1195

A-50

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
LARGECAP VALUE III (R3)			80.64%			284,159			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
LARGECAP VALUE III (R4)			69.49%			78,303			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

A-51

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
LARGECAP VALUE III (R4)			13.31%			15,001			PRINCIPAL TRUST COMPANY
									FBO CRST INTL NQ PLAN
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
LARGECAP VALUE III (R4)			7.02%			7,920			NEW LONDON HOSPITAL ASSOC INC
									FBO NEW LONDON HOSP ASSOC INC 457B
									ATTN TINA NAIMIE
									273 COUNTY RD
									NEW LONDON NH 03257-7700
LARGECAP VALUE III (R5)			55.56%			190,572			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
LARGECAP VALUE III (R5)			15.70%			53,880			DELAWARE CHARTER GUAR & TRUST CO
									FBO PRINCIPAL TRUST COMPANY
									VEBA TRUST IBEW HEALTH SAVING PLAN
									SOUTHWEST SCHOOL CORPORATION
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
LARGECAP VALUE III (R5)			8.65%			29,693			PRINCIPAL TRUST COMPANY
									FBO NIPPON LIFE INS CO EXEC NQ
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
LARGECAP VALUE III (R5)			6.66%			22,874			APPALACHIAN REGIONAL HEALTHCARE
									SYSTEM
									FBO EXECUTIVE 457B OF ARHS INC
									ATTN AMY CRABBE
									PO BOX 2600
									BOONE NC 28607-2600
MIDCAP (A)			13.22%			6,878,242			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
MIDCAP (A)			5.13%			2,668,836			MLPF&S FOR THE SOLE
									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR E FL 3
									JACKSONVILLE FL 32246-6484

A-52

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
MIDCAP (C)			30.13%			432,562			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
MIDCAP (C)			20.10%			288,545			CHARLES SCHWAB & CO INC
									FBO SPECIAL CUSTODY ACCOUNTS
									ATTN MUTUAL FUNDS
									211 MAIN ST
									SAN FRANCISCO CA 94105-1901
MIDCAP (C)			8.38%			120,388			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
MIDCAP (C)			8.13%			116,770			STIFEL NICOLAUS & CO INC
									EXCLUSIVE BENEFIT OF CUSTOMERS
									501 N BROADWAY
									SAINT LOUIS MO 63102-2188
MIDCAP (I)			15.27%			47,910,475			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
MIDCAP (I)			12.10%			37,951,540			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
MIDCAP (I)			10.59%			33,209,164			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FBO CUSTOMERS
									ATTN MUTUAL FUNDS
									211 MAIN STREET
									SAN FRANCISCO CA 94105-1901
MIDCAP (I)			8.92%			27,978,873			RAYMOND JAMES
									OMNIBUS FOR MUTUAL FUNDS
									HOUSE ACCT FIRM 92500015
									ATTN: COURTNEY WALLER
									880 CARILLON PKWY
									ST PETERSBURG FL 33716-1102

A-53

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
MIDCAP (I)			8.92%			27,974,681			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
MIDCAP (I)			7.07%			22,173,418			MLPF&S FOR THE SOLE
									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR E FL 3
									JACKSONVILLE FL 32246-6484
MIDCAP (I)			5.35%			16,782,827			UBS WM USA
									0O0 11011 6100
									OMNI ACCOUNT M/F
									SPEC CDY A/C EBOC UBSFSI
									1000 HARBOR BLVD
									WEEHAWKEN NJ 07086-6761
MIDCAP (I)			5.12%			16,078,867			AMERICAN ENTERPRISE INVESTMENT SVC
									FBO #41999970
									707 2ND AVE S
									MINNEAPOLIS MN 55402-2405
MIDCAP (R1)			95.94%			2,976,661			VOYA INSTITUTIONAL TRUST COMPANY
									1 ORANGE WAY
									WINDSOR CT 06095-4773
MIDCAP (R3)			42.35%			635,854			STATE STREET BANK AND TRUST COMPANY
									TRUSTEE AND/OR CUSTODIAN
									FBO ADP ACCESS PRODUCT
									1 LINCOLN ST
									BOSTON MA 02111-2901
MIDCAP (R3)			16.19%			243,195			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP (R4)			28.27%			446,219			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FBO CUSTOMERS
									ATTN MUTUAL FUNDS
									101 MONTGOMERY ST
									SAN FRANCISCO CA 94104-4151
MIDCAP (R4)			19.29%			304,386			LINCOLN RETIREMENT SERVICES CO
									FBO UT SYSTEM ORP
									PO BOX 7876
									FORT WAYNE IN 46801-7876

A-54

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
MIDCAP (R4)			17.02%			268,590			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP (R4)			7.75%			122,357			LINCOLN RETIREMENT SERVICES CO
									FBO UT SYSTEM TSA
									PO BOX 7876
									FORT WAYNE IN 46801-7876
MIDCAP (R4)			6.52%			102,969			JOHN HANCOCK TRUST COMPANY LLC
									690 CANTON ST STE 100
									WESTWOOD MA 02090-2324
MIDCAP (R5)			25.21%			2,423,585			MID ATLANTIC TRUST COMPANY FBO
									MATC OMNIBUS DIV REINVEST
									1251 WATERFRONT PL STE 525
									PITTSBURGH PA 15222-4228
MIDCAP (R5)			17.44%			1,676,996			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FBO CUSTOMERS
									ATTN MUTUAL FUNDS
									101 MONTGOMERY ST
									SAN FRANCISCO CA 94104-4151
MIDCAP (R5)			16.79%			1,614,114			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP (R5)			6.60%			634,567			TIAA, FSB CUST/TTEE FBO:
									RETIREMENT PLANS FOR WHICH
									TIAA ACTS AS RECORDKEEPER
									ATTN: TRUST OPERATIONS
									211 N BROADWAY STE 1000
									SAINT LOUIS MO 63102-2748
MIDCAP (R6)			37.78%			68,344,941			EDWARD D JONES & CO
									FOR THE BENEFIT OF CUSTOMERS
									12555 MANCHESTER RD
									SAINT LOUIS MO 63131-3710
MIDCAP (R6)			13.49%			24,405,277			MLPF&S FOR THE SOLE
									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR E FL 2
									JACKSONVILLE FL 32246-6484

A-55

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
MIDCAP (R6)			8.11%			14,680,429			WELLS FARGO BANK NA
									FBO OMNIBUS CASH CASH XXXX0
									PO BOX 1533
									MINNEAPOLIS MN 55480-1533
MIDCAP (R6)			5.07%			9,177,950			SAXON & CO
									FBO 40400904099990
									PO BOX 94597
									CLEVELAND OH 44101-4597
MIDCAP GROWTH (I)			25.66%			3,482,970			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
MIDCAP GROWTH (I)			13.90%			1,887,823			LPL FINANCIAL
									OMNIBUS CUSTOMER ACCOUNT
									ATTN MUTUAL FUND TRADING
									4707 EXECUTIVE DR
									SAN DIEGO CA 92121-3091
MIDCAP GROWTH (I)			11.55%			1,568,654			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP GROWTH (I)			7.15%			970,963			NATIONWIDE TRUST COMPANY FSB
									C/O IPO PORTFOLIO ACCOUNTING
									PO BOX 182029
									COLUMBUS OH 43218-2029
MIDCAP GROWTH (R1)			81.74%			125,621			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP GROWTH (R1)			8.42%			12,949			MID ATLANTIC TRUST COMPANY FBO
									BRAINLINK INTERNATIONAL INC 401(K)
									1251 WATERFRONT PLACE SUITE 525
									PITTSBURGH PA 15222-4228
MIDCAP GROWTH (R3)			33.77%			778,458			SAMMONS RETIREMENT SOLUTIONS
									8300 MILLS CIVIC PKWY
									WDM IA 50266-3833

A-56

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
MIDCAP GROWTH (R3)			16.50%			380,468			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP GROWTH (R3)			8.81%			203,060			PIMS/PRUDENTIAL RETIREMENT
									AS NOMINEE FOR THE TTEE/CUST PL 900
									DEFINED CONTRIBUTION PENSION
									23 MAIN STREET SUITE D1
									HOLMDEL NJ 07733-2136
MIDCAP GROWTH (R3)			7.54%			173,921			PIMS/PRUDENTIAL RETIREMENT
									AS NOMINEE FOR THE TTEE/CUST PL 900
									TAX DEFERRED ANNUITY PLAN OF
									23 MAIN STREET SUITE D1
									HOLMDEL NJ 07733-2136
MIDCAP GROWTH (R3)			5.78%			133,401			FIIOC
									FBO DEFOE CORP 401K EMPLOYEE SAVINGS PLAN
									100 MAGELLAN WAY (KW1C)
									COVINGTON KY 41015-1987
MIDCAP GROWTH (R4)			76.55%			429,309			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP GROWTH (R4)			9.02%			50,618			PRINCIPAL TRUST COMPANY
									FBO FIRST COUNTY BANK NQ DEF COMP AND SERP
									ATTN PLAN TRUSTEE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
MIDCAP GROWTH (R5)			61.10%			349,530			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP GROWTH (R5)			14.10%			80,697			PRINCIPAL TRUST COMPANY
									FBO GRIMMWAY FARMS EXEC DEFERRED COMP
									ATTN PLAN TRUSTEE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265

A-57

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
MIDCAP GROWTH (R5)			5.30%			30,354			PRINCIPAL TRUST COMPANY
									FBO NQ DB OF AAA ARIZONA
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
MIDCAP GROWTH (R5)			5.26%			30,115			MID ATLANTIC TRUST COMPANY FBO
									MATC OMNIBUS DIV REINVEST
									1251 WATERFRONT PL STE 525
									PITTSBURGH PA 15222-4228
MIDCAP GROWTH III (I)			37.41%			39,731,717			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
MIDCAP GROWTH III (I)			13.15%			13,969,145			LIFETIME 2030 FUND
									ATTN MUTUAL FUND ACCOUNTING- H221
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP GROWTH III (I)			12.60%			13,383,694			LIFETIME 2040 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP GROWTH III (I)			9.78%			10,394,048			LIFETIME 2050 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP GROWTH III (R1)			86.63%			153,573			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP GROWTH III (R1)			8.56%			15,178			RELIANCE TRUST CO TTEE
									FBO ADP ACCESS LARGE MARKET 401(K) PLAN
									201 17TH ST NW STE 1000
									ATLANTA GA 30363-1195
MIDCAP GROWTH III (R3)			63.76%			235,642			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

A-58

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
MIDCAP GROWTH III (R3)			16.89%			62,456			COUNSEL TRUST DBA MATC FBO
									INTEGRATED LINER TECHNOLOGIES
									401 K PROFIT SHARING PLAN & TRUST
									1251 WATERFRONT PL STE 525
									PITTSBURGH PA 15222-4228
MIDCAP GROWTH III (R4)			82.57%			122,474			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP GROWTH III (R4)			6.01%			8,926			CROSS SALES & ENGINEERING
									FBO EXEC EXCESS OF CROSS SALES & ENG
									ATTN JERRY BOHNSACK
									PO BOX 18508
									GREENSBORO NC 27419-8508
MIDCAP GROWTH III (R4)			5.81%			8,629			PRINCIPAL TRUST COMPANY
									FBO EXEC 457B OF AMERICAN SOCIETY
									ATTN SUSAN SAGGIONE
									OF SAFETY ENGINEERS
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
MIDCAP GROWTH III (R5)			82.33%			202,951			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP GROWTH III (R5)			8.97%			22,128			CAMPUS USA CREDIT UNION
									FBO 457F OF CAMPUS CREDIT UNION
									ATTN JILL HARPER
									PO BOX 147029
									GAINESVILLE FL 32614-7029
MIDCAP S&P 400 INDEX (I)			12.21%			1,157,113			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP S&P 400 INDEX (I)			11.31%			1,072,495			LPL FINANCIAL
									OMNIBUS CUSTOMER ACCOUNT
									ATTN MUTUAL FUND TRADING
									4707 EXECUTIVE DR
									SAN DIEGO CA 92121-3091

A-59

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
MIDCAP S&P 400 INDEX (I)			8.86%			839,897			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
MIDCAP S&P 400 INDEX (I)			7.66%			726,476			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FBO CUSTOMERS
									ATTN MUTUAL FUNDS
									211 MAIN STREET
									SAN FRANCISCO CA 94105-1901
MIDCAP S&P 400 INDEX (I)			7.39%			701,099			STATE STREET BANK AND TRUST COMPANY
									TRUSTEE AND/OR CUSTODIAN
									FBO ADP ACCESS PRODUCT
									1 LINCOLN ST
									BOSTON MA 02111-2901
MIDCAP S&P 400 INDEX (I)			5.16%			489,411			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
MIDCAP S&P 400 INDEX (R1)			52.79%			150,313			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP S&P 400 INDEX (R1)			7.22%			20,578			ASCENSUS TRUST COMPANY FBO
									GXM CONSULTING 401K PLAN 213950
									PO BOX 10758
									FARGO ND 58106-0758
MIDCAP S&P 400 INDEX (R3)			41.20%			1,324,185			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP S&P 400 INDEX (R4)			39.51%			811,455			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP S&P 400 INDEX (R4)			21.17%			434,783			VOYA INSTITUTIONAL TRUST COMPANY
									1 ORANGE WAY
									WINDSOR CT 06095-4773

A-60

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
MIDCAP S&P 400 INDEX (R5)			54.95%			2,492,795			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP S&P 400 INDEX (R6)			20.40%			7,539,616			DIVERSIFIED GROWTH ACCOUNT
									ATTN MUTUAL FUND ACCOUNTING H221
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP S&P 400 INDEX (R6)			13.18%			4,869,378			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
MIDCAP S&P 400 INDEX (R6)			8.11%			2,998,086			DIVERSIFIED GROWTH VOLATILITY
									CONTROL ACCOUNT
									ATTN MUTUAL FUND ACCOUNTING H221
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP S&P 400 INDEX (R6)			6.42%			2,372,116			LIFETIME HYBRID 2040 FUND
									ATTN MUTUAL FUND ACCOUNTING H221
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP S&P 400 INDEX (R6)			6.30%			2,329,500			LIFETIME HYBRID 2030 FUND
									ATTN MUTUAL FUND ACCOUNTING H221
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP S&P 400 INDEX (R6)			5.60%			2,069,056			LIFETIME HYBRID 2035 FUND
									ATTN MUTUAL FUND ACCOUNTING H221
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP S&P 400 INDEX (R6)			5.36%			1,981,419			LIFETIME HYBRID 2025 FUND
									ATTN MUTUAL FUND ACCOUNTING H221
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP VALUE I (A)			23.61%			719,366			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995

A-61

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
MIDCAP VALUE I (I)			76.43%			57,752,138			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
MIDCAP VALUE I (I)			7.93%			5,996,689			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
MIDCAP VALUE I (R1)			92.30%			152,019			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP VALUE I (R3)			71.61%			556,331			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP VALUE I (R4)			66.40%			416,098			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP VALUE I (R4)			9.97%			62,506			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY ACCT FBO CUSTOMERS
									ATTN MUTUAL FUNDS
									101 MONTGOMERY ST
									SAN FRANCISCO CA 94104-4151
MIDCAP VALUE I (R4)			5.65%			35,460			VRSCO
									FBO AIGFSB CUST TTEE FBO
									SLIDELL MEMORIAL 457 DEF COMP PLAN
									2727-A ALLEN PARKWAY 4-D1
									HOUSTON TX 77019-2107
MIDCAP VALUE I (R5)			61.64%			1,261,991			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP VALUE I (R5)			5.24%			107,343			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY ACCT FBO CUSTOMERS
									ATTN MUTUAL FUNDS
									101 MONTGOMERY ST
									SAN FRANCISCO CA 94104-4151

A-62

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
MIDCAP VALUE I (R6)			53.42%			79,504,067			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
MIDCAP VALUE I (R6)			9.42%			14,030,304			LIFETIME 2040 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP VALUE I (R6)			8.99%			13,383,611			LIFETIME 2030 FUND
									ATTN MUTUAL FUND ACCOUNTING- H221
									711 HIGH ST
									DES MOINES IA 50392-0001
MIDCAP VALUE I (R6)			7.31%			10,880,108			LIFETIME 2050 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
OPPORTUNISTIC MUNICIPAL (A)			25.05%			1,126,090			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
OPPORTUNISTIC MUNICIPAL (A)			16.75%			752,942			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
OPPORTUNISTIC MUNICIPAL (A)			11.77%			529,047			AMERICAN ENTERPRISE INVESTMENT SVC
									FBO #41999970
									707 2ND AVE S
									MINNEAPOLIS MN 55402-2405
OPPORTUNISTIC MUNICIPAL (A)			6.90%			310,151			RAYMOND JAMES
									OMNIBUS FOR MUTUAL FUNDS
									HOUSE ACCT FIRM 92500015
									ATTN: COURTNEY WALLER
									880 CARILLON PKWY
									ST PETERSBURG FL 33716-1102

A-63

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
OPPORTUNISTIC MUNICIPAL (A)			6.84%			307,739			RBC CAPITAL MARKETS LLC
									MUTUAL FUND OMNIBUS PROCESSING OMNIBUS
									ATTN MUTUAL FUND OPS MANAGER
									250 NICOLLET MALL SUITE 1400
									MINNEAPOLIS MN 55401-7554
OPPORTUNISTIC MUNICIPAL (I)			19.31%			1,506,802			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
OPPORTUNISTIC MUNICIPAL (I)			16.69%			1,302,407			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
OPPORTUNISTIC MUNICIPAL (I)			13.32%			1,039,751			RAYMOND JAMES
									OMNIBUS FOR MUTUAL FUNDS
									HOUSE ACCT FIRM 92500015
									ATTN: COURTNEY WALLER
									880 CARILLON PKWY
									ST PETERSBURG FL 33716-1102
OPPORTUNISTIC MUNICIPAL (I)			11.55%			901,274			UBS WM USA
									0O0 11011 6100
									OMNI ACCOUNT M/F
									SPEC CDY A/C EBOC UBSFSI
									1000 HARBOR BLVD
									WEEHAWKEN NJ 07086-6761
OPPORTUNISTIC MUNICIPAL (I)			9.25%			722,422			TD AMERITRADE INC FOR THE
									EXCLUSIVE BENEFIT OF OUR CLIENTS
									PO BOX 2226
									OMAHA NE 68103-2226
OPPORTUNISTIC MUNICIPAL (I)			7.76%			605,866			LPL FINANCIAL
									OMNIBUS CUSTOMER ACCOUNT
									ATTN MUTUAL FUND TRADING
									4707 EXECUTIVE DR
									SAN DIEGO CA 92121-3091
OPPORTUNISTIC MUNICIPAL (I)			7.52%			587,308			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
ORIGIN EMERGING MARKETS (A)			45.11%			241,753			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995

A-64

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
ORIGIN EMERGING MARKETS (I)			45.60%			4,332,075			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
ORIGIN EMERGING MARKETS (I)			22.76%			2,162,043			TD AMERITRADE INC FOR THE
									EXCLUSIVE BENEFIT OF OUR CLIENTS
									PO BOX 2226
									OMAHA NE 68103-2226
ORIGIN EMERGING MARKETS (I)			15.04%			1,429,481			CAPINCO C/O US BANK NA
									1555 N RIVERCENTER DR STE 302
									MILWAUKEE WI 53212-3958
ORIGIN EMERGING MARKETS (I)			9.44%			897,100			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FBO CUSTOMERS
									ATTN MUTUAL FUNDS
									211 MAIN ST
									SAN FRANCISCO CA 94105-1901
ORIGIN EMERGING MARKETS (R6)			35.76%			92,382,873			PRINCIPAL GLOBAL INVESTORS TRUST CO
									PRINCIPAL LIFETIME HYBRID
									COLLECTIVE INVESTMENT FUNDS
									1300 SW 5TH AVE STE 3300
									PORTLAND OR 97201-5640
ORIGIN EMERGING MARKETS (R6)			11.83%			30,564,962			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
ORIGIN EMERGING MARKETS (R6)			6.86%			17,722,921			SAM BALANCED PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING -H221
									711 HIGH ST
									DES MOINES IA 50392-0001
ORIGIN EMERGING MARKETS (R6)			6.34%			16,402,058			SAM CONS GROWTH PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
ORIGIN EMERGING MARKETS (R6)			5.55%			14,357,377			SAM STRATEGIC GROWTH PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001

A-65

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
OVERSEAS (I)			17.66%			37,683,011			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
OVERSEAS (I)			11.94%			25,484,894			LIFETIME 2040 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
OVERSEAS (I)			11.38%			24,297,871			LIFETIME 2030 FUND
									ATTN MUTUAL FUND ACCOUNTING- H221
									711 HIGH ST
									DES MOINES IA 50392-0001
OVERSEAS (I)			10.52%			22,457,121			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
OVERSEAS (I)			9.22%			19,679,895			LIFETIME 2050 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
OVERSEAS (R3)			75.29%			47,179			PRINCIPAL TRUST COMPANY
									FBO DUPAGE INTERNAL MEDICINE LLC
									228 OXFORD AVE
									CLARENDON HLS IL 60514-2807
OVERSEAS (R3)			19.37%			12,139			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
OVERSEAS (R4)			99.39%			70,569			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL CAPITAL APPRECIATION (A)			34.48%			6,601,881			J. P. MORGAN SECURITIES LLC
									FBO EXCLUSIVE BENEFIT OF OUR CUST
									4 CHASE METROTECH CTR
									BROOKLYN NY 11245-0003

A-66

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL CAPITAL APPRECIATION (A)			7.76%			1,486,453			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
PRINCIPAL CAPITAL APPRECIATION (C)			16.93%			117,030			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
PRINCIPAL CAPITAL APPRECIATION (C)			8.39%			58,031			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
PRINCIPAL CAPITAL APPRECIATION (C)			5.73%			39,621			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
PRINCIPAL CAPITAL APPRECIATION (I)			23.58%			8,541,420			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL CAPITAL APPRECIATION (I)			16.11%			5,836,093			SAM BALANCED PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING -H221
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL CAPITAL APPRECIATION (I)			14.96%			5,419,570			SAM CONS GROWTH PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL CAPITAL APPRECIATION (I)			11.95%			4,328,154			SAM STRATEGIC GROWTH PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL CAPITAL APPRECIATION (I)			7.33%			2,654,884			AMERICAN ENTERPRISE INVESTMENT SVC
									FBO #41999970
									707 2ND AVE S
									MINNEAPOLIS MN 55402-2405

A-67

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Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL CAPITAL APPRECIATION (R1)			87.52%			22,138			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL CAPITAL APPRECIATION (R1)			9.41%			2,381			LAKEWOOD RESOURCE & REFERRAL CENTER
									FBO 457B OF LAKEWOOD RESOURCE & REFERRAL
									ATTN MIRIAM MILSTEIN
									1771 MADISON AVE
									LAKEWOOD NJ 08701-1242
PRINCIPAL CAPITAL APPRECIATION (R3)			49.80%			172,672			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL CAPITAL APPRECIATION (R3)			41.78%			144,874			SAMMONS RETIREMENT SOLUTIONS
									8300 MILLS CIVIC PKWY
									WDM IA 50266-3833
PRINCIPAL CAPITAL APPRECIATION (R4)			89.51%			132,669			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL CAPITAL APPRECIATION (R5)			86.99%			459,775			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL LIFETIME 2010 (A)			21.83%			471,480			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
PRINCIPAL LIFETIME 2010 (A)			5.53%			119,514			PRINCIPAL LIFE INSURANCE CO CUST
									IRA WILLIAM J HENNESSEY
									1 FOREST HILLS BLVD
									RENSSELAER NY 12144-5831

A-68

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL LIFETIME 2010 (A)			5.07%			109,552			MICHAEL E VER STEEG &
									WILLIAM R VER STEEG TTEES
									EUGENE D AND BEVERLY C VER STEEG
									LEGACY TRUST UA DTD 12/31/2012
									1819 250TH ST
									INWOOD IA 51240-7726
PRINCIPAL LIFETIME 2010 (I)			86.78%			23,797,292			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2010 (I)			9.87%			2,707,474			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2010 (R1)			99.94%			253,602			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2010 (R3)			91.26%			1,164,726			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2010 (R4)			57.56%			233,279			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2010 (R4)			29.23%			118,479			RANGER PIPELINES INCORPORATED
									FBO RANGER PIPELINES INC NQ EXCESS PLAN
									ATTN PLAN TRUSTEE
									1790 YOSEMITE AVE
									SAN FRANCISCO CA 94124-2622
PRINCIPAL LIFETIME 2010 (R5)			83.04%			1,027,461			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

A-69

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Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL LIFETIME 2010 (R5)			7.62%			94,316			PRINCIPAL TRUST COMPANY
									FBO EXEC 457B OF SANFORD HEALTH
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
PRINCIPAL LIFETIME 2015 (I)			87.16%			24,034,912			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2015 (I)			11.43%			3,151,686			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2015 (R1)			98.31%			264,839			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2015 (R3)			98.33%			2,236,490			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2015 (R4)			97.55%			1,006,301			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2015 (R5)			91.40%			2,067,543			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2015 (R5)			5.57%			126,184			MAPS CREDIT UNION
									ATTN BARBARA CECIL
									FBO 457B DEF COMP OF MAPS CU
									1900 HINES STREET NW PO BOX 12398
									SALEM OR 97309-0398

A-70

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL LIFETIME 2020 (A)			16.74%			1,309,531			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
PRINCIPAL LIFETIME 2020 (I)			86.86%			123,624,555			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2020 (I)			10.36%			14,756,671			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2020 (R1)			96.68%			1,003,339			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2020 (R3)			90.43%			5,782,257			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2020 (R4)			91.86%			2,437,226			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2020 (R5)			84.40%			7,452,014			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2020 (R5)			6.68%			590,251			PRINCIPAL TRUST COMPANY
									FBO EXEC 457B OF SANFORD HEALTH
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265

A-71

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL LIFETIME 2025 (I)			86.20%			112,976,103			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2025 (I)			12.46%			16,338,068			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2025 (R1)			96.16%			670,663			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2025 (R3)			93.31%			8,917,260			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2025 (R4)			83.71%			3,557,328			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2025 (R5)			91.35%			7,812,270			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2030 (A)			15.55%			1,637,844			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
PRINCIPAL LIFETIME 2030 (I)			88.11%			251,972,038			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001

A-72

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL LIFETIME 2030 (I)			9.10%			26,025,640			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2030 (R1)			93.21%			1,285,563			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2030 (R3)			90.79%			9,094,424			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2030 (R4)			78.83%			3,264,517			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2030 (R5)			85.14%			12,687,562			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2030 (R5)			5.49%			819,480			PRINCIPAL TRUST COMPANY
									FBO EXEC 457B OF SANFORD HEALTH
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
PRINCIPAL LIFETIME 2035 (I)			85.86%			106,751,195			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2035 (I)			12.16%			15,118,983			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

A-73

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL LIFETIME 2035 (R1)			99.99%			635,528			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2035 (R3)			96.94%			7,857,090			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2035 (R4)			83.94%			2,737,932			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2035 (R5)			91.56%			6,770,867			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2040 (A)			12.76%			993,130			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
PRINCIPAL LIFETIME 2040 (I)			87.45%			178,166,162			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2040 (I)			9.82%			20,012,196			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2040 (R1)			92.12%			853,818			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

A-74

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL LIFETIME 2040 (R1)			5.97%			55,343			RELIANCE TRUST CO TTEE
									FBO ADP ACCESS LARGE MARKET 401(K) PLAN
									201 17TH ST NW STE 1000
									ATLANTA GA 30363-1195
PRINCIPAL LIFETIME 2040 (R3)			94.23%			6,866,778			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2040 (R4)			89.08%			2,883,653			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2040 (R5)			86.31%			9,474,595			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2040 (R5)			8.06%			885,825			PRINCIPAL TRUST COMPANY
									FBO EXEC 457B OF SANFORD HEALTH
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
PRINCIPAL LIFETIME 2045 (I)			82.33%			74,631,997			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2045 (I)			15.83%			14,349,218			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2045 (R1)			98.38%			356,696			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

A-75

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL LIFETIME 2045 (R3)			98.65%			5,845,434			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2045 (R4)			93.27%			1,852,300			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2045 (R5)			95.73%			5,268,537			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2050 (A)			14.41%			920,192			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
PRINCIPAL LIFETIME 2050 (I)			85.16%			123,930,761			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2050 (I)			12.24%			17,823,734			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2050 (R1)			94.18%			746,596			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2050 (R1)			5.53%			43,844			RELIANCE TRUST CO TTEE
									FBO ADP ACCESS LARGE MARKET 401(K) PLAN
									201 17TH ST NW STE 1000
									ATLANTA GA 30363-1195

A-76

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL LIFETIME 2050 (R3)			97.93%			5,231,186			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2050 (R4)			92.15%			2,319,086			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2050 (R5)			89.39%			5,913,959			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2050 (R5)			5.58%			369,364			PRINCIPAL TRUST COMPANY
									FBO EXEC 457B OF SANFORD HEALTH
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
PRINCIPAL LIFETIME 2055 (I)			82.61%			41,665,552			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2055 (I)			14.68%			7,405,411			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2055 (R1)			96.21%			236,585			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2055 (R3)			98.80%			3,113,009			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

A-77

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL LIFETIME 2055 (R4)			97.77%			1,073,887			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2055 (R5)			94.00%			2,526,946			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2060 (I)			87.45%			39,804,839			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2060 (I)			9.87%			4,496,213			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2060 (R1)			93.60%			187,993			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2060 (R1)			6.39%			12,852			RELIANCE TRUST CO TTEE
									FBO ADP ACCESS LARGE MARKET 401(K) PLAN
									201 17TH ST NW STE 1000
									ATLANTA GA 30363-1195
PRINCIPAL LIFETIME 2060 (R3)			97.88%			1,487,872			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2060 (R4)			95.36%			428,172			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

A-78

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL LIFETIME 2060 (R5)			91.19%			1,651,212			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2065 (I)			89.10%			7,608,452			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2065 (I)			9.05%			772,762			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2065 (R1)			100.00%			27,798			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2065 (R3)			93.46%			423,371			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2065 (R4)			83.84%			107,466			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME 2065 (R4)			13.38%			17,151			PRINCIPAL TRUST COMPANY
									FBO ISS FACILITY SERVICES HLDNG INC EX DC PLN
									ATTN PLAN TRUSTEE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
PRINCIPAL LIFETIME 2065 (R5)			95.67%			339,934			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001

A-79

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL LIFETIME HYBRID 2015 (I)			79.41%			1,334,917			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID 2015 (I)			11.20%			188,355			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
PRINCIPAL LIFETIME HYBRID 2015 (I)			5.49%			92,341			MINNESOTA LIFE INSURANCE COMPANY
									400 ROBERT ST N STE A
									SAINT PAUL MN 55101-2099
PRINCIPAL LIFETIME HYBRID 2015 (R6)			86.92%			3,924,035			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID 2020 (I)			57.94%			2,241,729			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID 2020 (I)			23.63%			914,495			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
PRINCIPAL LIFETIME HYBRID 2020 (I)			8.21%			317,816			MINNESOTA LIFE INSURANCE COMPANY
									400 ROBERT ST N STE A
									SAINT PAUL MN 55101-2099
PRINCIPAL LIFETIME HYBRID 2020 (R6)			89.83%			15,967,403			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID 2025 (I)			60.61%			3,586,484			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

A-80

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL LIFETIME HYBRID 2025 (I)			22.98%			1,359,868			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
PRINCIPAL LIFETIME HYBRID 2025 (I)			5.54%			327,784			FIIOC
									FBO BRADY TRANE SERVICE INC 401K PLAN AND TRUST
									100 MAGELLAN WAY (KW1C)
									COVINGTON KY 41015-1987
PRINCIPAL LIFETIME HYBRID 2025 (R6)			87.74%			14,899,689			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID 2030 (I)			55.90%			3,995,672			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID 2030 (I)			23.11%			1,651,944			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
PRINCIPAL LIFETIME HYBRID 2030 (I)			9.61%			687,140			FIIOC
									FBO BRADY TRANE SERVICE INC 401K PLAN AND TRUST
									100 MAGELLAN WAY (KW1C)
									COVINGTON KY 41015-1987
PRINCIPAL LIFETIME HYBRID 2030 (R6)			83.08%			18,804,794			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID 2030 (R6)			7.22%			1,635,767			BANKERS TRUST COMPANY
									FBO PRIN SELECT SVNG EXCESS PLAN
									ATTN MARK HARRISON FOR EES
									453 7TH ST PO BOX 897
									DES MOINES IA 50392-0001

A-81

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL LIFETIME HYBRID 2030 (R6)			5.34%			1,209,398			TIAA, FSB CUST/TTEE FBO:
									RETIREMENT PLANS FOR WHICH
									TIAA ACTS AS RECORDKEEPER
									ATTN: TRUST OPERATIONS
									211 N BROADWAY STE 1000
									SAINT LOUIS MO 63102-2748
PRINCIPAL LIFETIME HYBRID 2035 (I)			57.06%			3,509,289			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID 2035 (I)			23.99%			1,475,695			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
PRINCIPAL LIFETIME HYBRID 2035 (I)			7.65%			470,565			FIIOC
									FBO BRADY TRANE SERVICE INC 401K PLAN AND TRUST
									100 MAGELLAN WAY (KW1C)
									COVINGTON KY 41015-1987
PRINCIPAL LIFETIME HYBRID 2035 (R6)			82.73%			12,996,220			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID 2035 (R6)			8.22%			1,291,404			TIAA, FSB CUST/TTEE FBO:
									RETIREMENT PLANS FOR WHICH
									TIAA ACTS AS RECORDKEEPER
									ATTN: TRUST OPERATIONS
									211 N BROADWAY STE 1000
									SAINT LOUIS MO 63102-2748
PRINCIPAL LIFETIME HYBRID 2040 (I)			60.68%			3,122,007			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID 2040 (I)			19.37%			996,770			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995

A-82

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL LIFETIME HYBRID 2040 (I)			7.54%			388,102			MINNESOTA LIFE INSURANCE COMPANY
									400 ROBERT ST N STE A
									SAINT PAUL MN 55101-2099
PRINCIPAL LIFETIME HYBRID 2040 (I)			5.76%			296,658			FIIOC
									FBO BRADY TRANE SERVICE INC 401K PLAN AND TRUST
									100 MAGELLAN WAY (KW1C)
									COVINGTON KY 41015-1987
PRINCIPAL LIFETIME HYBRID 2040 (R6)			83.63%			14,130,453			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID 2040 (R6)			8.64%			1,461,312			TIAA, FSB CUST/TTEE FBO:
									RETIREMENT PLANS FOR WHICH
									TIAA ACTS AS RECORDKEEPER
									ATTN: TRUST OPERATIONS
									211 N BROADWAY STE 1000
									SAINT LOUIS MO 63102-2748
PRINCIPAL LIFETIME HYBRID 2045 (I)			60.79%			2,552,434			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID 2045 (I)			23.14%			971,666			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
PRINCIPAL LIFETIME HYBRID 2045 (I)			8.28%			347,677			FIIOC
									FBO BRADY TRANE SERVICE INC 401K PLAN AND TRUST
									100 MAGELLAN WAY (KW1C)
									COVINGTON KY 41015-1987
PRINCIPAL LIFETIME HYBRID 2045 (R6)			86.92%			9,356,617			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID 2045 (R6)			8.97%			966,308			TIAA, FSB CUST/TTEE FBO:
									RETIREMENT PLANS FOR WHICH
									TIAA ACTS AS RECORDKEEPER
									ATTN: TRUST OPERATIONS
									211 N BROADWAY STE 1000
									SAINT LOUIS MO 63102-2748

A-83

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL LIFETIME HYBRID 2050 (I)			61.52%			2,054,992			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID 2050 (I)			24.23%			809,420			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
PRINCIPAL LIFETIME HYBRID 2050 (I)			6.51%			217,504			MINNESOTA LIFE INSURANCE COMPANY
									400 ROBERT ST N STE A
									SAINT PAUL MN 55101-2099
PRINCIPAL LIFETIME HYBRID 2050 (I)			5.05%			168,776			FIIOC
									FBO BRADY TRANE SERVICE INC 401K PLAN AND TRUST
									100 MAGELLAN WAY (KW1C)
									COVINGTON KY 41015-1987
PRINCIPAL LIFETIME HYBRID 2050 (R6)			90.92%			8,864,502			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID 2050 (R6)			5.14%			501,172			TIAA, FSB CUST/TTEE FBO:
									RETIREMENT PLANS FOR WHICH
									TIAA ACTS AS RECORDKEEPER
									ATTN: TRUST OPERATIONS
									211 N BROADWAY STE 1000
									SAINT LOUIS MO 63102-2748
PRINCIPAL LIFETIME HYBRID 2055 (I)			60.46%			1,246,333			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID 2055 (I)			26.61%			548,459			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
PRINCIPAL LIFETIME HYBRID 2055 (I)			5.57%			115,007			MINNESOTA LIFE INSURANCE COMPANY
									400 ROBERT ST N STE A
									SAINT PAUL MN 55101-2099

A-84

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL LIFETIME HYBRID 2055 (I)			5.57%			114,805			FIIOC
									FBO BRADY TRANE SERVICE INC 401K PLAN AND TRUST
									100 MAGELLAN WAY (KW1C)
									COVINGTON KY 41015-1987
PRINCIPAL LIFETIME HYBRID 2055 (R6)			93.15%			4,686,985			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID 2060 (I)			48.97%			407,119			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID 2060 (I)			28.53%			237,202			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
PRINCIPAL LIFETIME HYBRID 2060 (I)			10.68%			88,818			MINNESOTA LIFE INSURANCE COMPANY
									400 ROBERT ST N STE A
									SAINT PAUL MN 55101-2099
PRINCIPAL LIFETIME HYBRID 2060 (I)			9.43%			78,427			FIIOC
									FBO BRADY TRANE SERVICE INC 401K PLAN AND TRUST
									100 MAGELLAN WAY (KW1C)
									COVINGTON KY 41015-1987
PRINCIPAL LIFETIME HYBRID 2060 (R6)			86.86%			1,989,383			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID 2065 (I)			79.18%			91,271			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID 2065 (I)			10.40%			11,994			MINNESOTA LIFE INSURANCE COMPANY
									400 ROBERT ST N STE A
									SAINT PAUL MN 55101-2099

A-85

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL LIFETIME HYBRID 2065 (R6)			84.47%			598,193			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID INCOME (I)			60.86%			728,277			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID INCOME (I)			18.84%			225,452			PRINCIPAL TRUST COMPANY
									FBO FBL FINANCIAL GROUP DEF COMP PLAN
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
PRINCIPAL LIFETIME HYBRID INCOME (I)			15.93%			190,720			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
PRINCIPAL LIFETIME HYBRID INCOME (R6)			82.51%			2,995,849			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME HYBRID INCOME (R6)			6.55%			238,118			BANKERS TRUST COMPANY
									FBO PRIN SELECT SVNG EXCESS PLAN
									ATTN MARK HARRISON FOR EES
									453 7TH ST PO BOX 897
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME STRATEGIC			18.44%			278,062			NATIONAL FINANCIAL SERVICES LLC
INCOME (A)									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
PRINCIPAL LIFETIME STRATEGIC			89.57%			20,591,709			PRINCIPAL LIFE INS COMPANY CUST
INCOME (I)									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001

A-86

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
PRINCIPAL LIFETIME STRATEGIC			6.49%			1,492,588			DCGT AS TTEE AND/OR CUST
INCOME (I)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME STRATEGIC			99.43%			166,487			DCGT AS TTEE AND/OR CUST
INCOME (R1)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME STRATEGIC			87.79%			662,440			DCGT AS TTEE AND/OR CUST
INCOME R3)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME STRATEGIC			65.97%			207,815			DCGT AS TTEE AND/OR CUST
INCOME (R4)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME STRATEGIC			12.98%			40,908			PRINCIPAL TRUST COMPANY
INCOME (R4)									FBO CRST INTL NQ PLAN
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
PRINCIPAL LIFETIME STRATEGIC			67.25%			587,770			DCGT AS TTEE AND/OR CUST
INCOME (R5)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
PRINCIPAL LIFETIME STRATEGIC			9.48%			82,870			PRINCIPAL TRUST COMPANY
INCOME (R5)									FBO EXEC 457B OF SANFORD HEALTH
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
PRINCIPAL LIFETIME STRATEGIC			8.73%			76,327			BANKERS TRUST COMPANY
INCOME (R5)									FBO EXEC DEF PLAN OF ALION SCIENCE & TECH
									ATTN DEBBIE WILLIAMS
									453 7TH ST
									DES MOINES IA 50309-4110

A-87

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
REAL ESTATE SECURITIES (A)			23.59%			2,591,201			MLPF&S FOR THE SOLE
									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR EAST 3RD FL
									JACKSONVILLE FL 32246-6484
REAL ESTATE SECURITIES (A)			12.68%			1,392,561			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
REAL ESTATE SECURITIES (A)			6.64%			730,017			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
REAL ESTATE SECURITIES (A)			5.42%			595,430			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
REAL ESTATE SECURITIES (C)			27.42%			279,871			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
REAL ESTATE SECURITIES (C)			15.32%			156,355			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
REAL ESTATE SECURITIES (C)			14.96%			152,729			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
REAL ESTATE SECURITIES (C)			6.52%			66,636			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
REAL ESTATE SECURITIES (I)			30.64%			35,779,609			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001

A-88

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
REAL ESTATE SECURITIES (I)			20.15%			23,539,404			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
REAL ESTATE SECURITIES (I)			7.53%			8,797,785			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FOR THE
									BENIFIT OF CUSTOMERS
									ATTN MUTUAL FUNDS
									101 MONTGOMERY ST
									SAN FRANCISCO CA 94104-4151
REAL ESTATE SECURITIES (I)			6.05%			7,067,299			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
REAL ESTATE SECURITIES (I)			5.33%			6,225,094			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
REAL ESTATE SECURITIES (R1)			63.84%			56,511			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
REAL ESTATE SECURITIES (R1)			10.46%			9,260			MG TRUST COMPANY CUST
									FBO LIOKAREAS CONSTRUCTION CO
									717 17TH ST STE 1300
									DENVER CO 80202-3304
REAL ESTATE SECURITIES (R1)			7.71%			6,824			STATE STREET BANK AND TRUST COMPANY
									TRUSTEE AND/OR CUSTODIAN
									FBO ADP ACCESS PRODUCT
									1 LINCOLN ST
									BOSTON MA 02111-2901
REAL ESTATE SECURITIES (R1)			6.14%			5,440			ASCENSUS TRUST COMPANY FBO
									BROADMOOR GOLF CLUB 401K RETIREME
									PO BOX 10758
									FARGO ND 58106-0758
REAL ESTATE SECURITIES (R1)			5.69%			5,043			FIIOC
									FBO CABLE CONNECTION & SUPPLY
									CO INC PROFIT SHARING PLAN & TRUST
									100 MAGELLAN WAY
									COVINGTON KY 41015-1987

A-89

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
REAL ESTATE SECURITIES (R3)			24.88%			323,983			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
REAL ESTATE SECURITIES (R3)			20.82%			271,162			STATE STREET BANK AND TRUST COMPANY
									TRUSTEE AND/OR CUSTODIAN
									FBO ADP ACCESS PRODUCT
									1 LINCOLN ST
									BOSTON MA 02111-2901
REAL ESTATE SECURITIES (R3)			6.44%			83,870			SAMMONS RETIREMENT SOLUTIONS
									8300 MILLS CIVIC PKWY
									WDM IA 50266-3833
REAL ESTATE SECURITIES (R3)			6.07%			79,129			TIAA, FSB CUST/TTEE FBO:
									RETIREMENT PLANS FOR WHICH
									TIAA ACTS AS RECORDKEEPER
									ATTN: TRUST OPERATIONS
									211 N BROADWAY STE 1000
									SAINT LOUIS MO 63102-2748
REAL ESTATE SECURITIES (R4)			30.52%			209,057			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
REAL ESTATE SECURITIES (R4)			15.51%			106,242			EMPOWER TRUST FBO
									EMPOWER BENEFIT PLANS
									8515 E ORCHARD RD 2T2
									GREENWOOD VILLAGE CO 80111-5002
REAL ESTATE SECURITIES (R4)			10.41%			71,363			EMPOWER TRUST FBO
									EMPLOYEE BENEFITS CLIENTS 401K
									8515 E ORCHARD RD 2T2
									GREENWOOD VILLAGE CO 80111-5002
REAL ESTATE SECURITIES (R4)			6.97%			47,766			EMPOWER TRUST FBO
									EMPOWER BENEFIT PLANS
									8515 E ORCHARD RD 2T2
									GREENWOOD VILLAGE CO 80111-5002
REAL ESTATE SECURITIES (R4)			6.92%			47,435			STATE STREET BANK AND TRUST COMPANY
									TRUSTEE AND/OR CUSTODIAN
									FBO ADP ACCESS PRODUCT
									1 LINCOLN ST
									BOSTON MA 02111-2901

A-90

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
REAL ESTATE SECURITIES (R5)			38.15%			1,371,302			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
REAL ESTATE SECURITIES (R5)			7.53%			270,760			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
REAL ESTATE SECURITIES (R5)			6.77%			243,633			EMPOWER TRUST FBO
									EMPOWER BENEFIT PLANS
									8515 E ORCHARD RD 2T2
									GREENWOOD VILLAGE CO 80111-5002
REAL ESTATE SECURITIES (R5)			5.83%			209,678			MATRIX TRUST COMPANY COTRUSTEE FBO
									SOUTHERN CALIFORNIA SHEET METAL WOR
									PO BOX 52129
									PHOENIX AZ 85072-2129
REAL ESTATE SECURITIES (R6)			22.09%			16,188,898			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
REAL ESTATE SECURITIES (R6)			7.70%			5,642,802			NATIONAL FINANCIAL SERVICES LLC
									499 WASHINGTON BLVD
									JERSEY CITY NJ 07310-1995
REAL ESTATE SECURITIES (R6)			7.40%			5,422,787			WELLS FARGO BANK NA
									PO BOX 1533
									MINNEAPOLIS MN 55480-1533
REAL ESTATE SECURITIES (R6)			6.50%			4,762,395			LIFETIME 2030 FUND
									ATTN MUTUAL FUND ACCOUNTING- H221
									711 HIGH ST
									DES MOINES IA 50392-0001
REAL ESTATE SECURITIES (R6)			5.07%			3,717,556			LIFETIME 2040 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
SAM BALANCED PORTFOLIO (A)			17.19%			24,881,872			J. P. MORGAN SECURITIES LLC
									FBO EXCLUSIVE BENEFIT OF OUR CUST
									4 CHASE METROTECH CTR
									BROOKLYN NY 11245-0003

A-91

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SAM BALANCED PORTFOLIO (A)			15.87%			22,974,562			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
SAM BALANCED PORTFOLIO (A)			5.35%			7,754,971			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
SAM BALANCED PORTFOLIO (C)			22.70%			2,852,999			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
SAM BALANCED PORTFOLIO (C)			10.43%			1,310,961			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
SAM BALANCED PORTFOLIO (C)			6.47%			813,888			LPL FINANCIAL
									OMNIBUS CUSTOMER ACCOUNT
									ATTN MUTUAL FUND TRADING
									4707 EXECUTIVE DR
									SAN DIEGO CA 92121-3091
SAM BALANCED PORTFOLIO (I)			80.74%			40,636,599			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
SAM BALANCED PORTFOLIO (I)			6.89%			3,471,186			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SAM BALANCED PORTFOLIO (R1)			84.54%			144,788			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SAM BALANCED PORTFOLIO (R1)			7.55%			12,934			STIFEL NICOLAUS & CO INC
									EXCLUSIVE BENEFIT OF CUSTOMERS
									501 N BROADWAY
									SAINT LOUIS MO 63102-2188

A-92

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SAM BALANCED PORTFOLIO (R3)			64.18%			930,225			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SAM BALANCED PORTFOLIO (R3)			6.42%			93,066			PRINCIPAL TRUST COMPANY
									ATTN PLAN TRUSTEE
									FBO V K KNOWLTON DEF COMP PLAN
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
SAM BALANCED PORTFOLIO (R3)			6.41%			93,013			PRINCIPAL TRUST COMPANY
									FBO SOUTHEASTERN PLUMBING AND
									HEATING INC CASH BALANCE PLAN
									300 W 23RD ST
									CHARLOTTE NC 28206-3107
SAM BALANCED PORTFOLIO (R3)			5.74%			83,295			CBNA AS CUSTODIAN FBO
									CITY OF OCOEE VEBA HEALTH SAVINGS P
									6 RHOADS DR STE 7
									UTICA NY 13502-6317
SAM BALANCED PORTFOLIO (R4)			56.51%			451,570			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SAM BALANCED PORTFOLIO (R4)			30.92%			247,064			MATRIX TRUST CO AS AGENT FBO
									PRO-SET INC FINANCIAL SECURITY TRUS
									PO BOX 52129
									PHOENIX AZ 85072-2129
SAM BALANCED PORTFOLIO (R5)			94.20%			2,178,745			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SAM CONSERVATIVE BALANCED			18.95%			9,177,679			NATIONAL FINANCIAL SERVICES LLC
PORTFOLIO (A)									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
SAM CONSERVATIVE BALANCED			7.59%			3,676,611			J. P. MORGAN SECURITIES LLC
PORTFOLIO (A)									FBO EXCLUSIVE BENEFIT OF OUR CUST
									4 CHASE METROTECH CTR
									BROOKLYN NY 11245-0003

A-93

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SAM CONSERVATIVE BALANCED			6.60%			3,199,586			PERSHING LLC
PORTFOLIO (A)									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
SAM CONSERVATIVE BALANCED			20.42%			1,294,422			WELLS FARGO CLEARING SERVICES LLC
PORTFOLIO (C)									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
SAM CONSERVATIVE BALANCED			17.92%			1,136,008			NATIONAL FINANCIAL SERVICES LLC
PORTFOLIO (C)									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
SAM CONSERVATIVE BALANCED			5.07%			321,764			LPL FINANCIAL
PORTFOLIO (C)									OMNIBUS CUSTOMER ACCOUNT
									ATTN MUTUAL FUND TRADING
									4707 EXECUTIVE DR
									SAN DIEGO CA 92121-3091
SAM CONSERVATIVE BALANCED			80.49%			15,599,497			PRINCIPAL LIFE INS COMPANY CUST
PORTFOLIO (I)									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
SAM CONSERVATIVE BALANCED			56.31%			80,163			DCGT AS TTEE AND/OR CUST
PORTFOLIO (R1)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SAM CONSERVATIVE BALANCED			33.24%			47,317			PRINCIPAL TRUST COMPANY
PORTFOLIO (R1)									FBO DEV MEDICAL ASSOCIATES SC CASH
									BALANCE PENSION PLAN
									5600 W ADDISON ST STE 400
									CHICAGO IL 60634-4400
SAM CONSERVATIVE BALANCED			6.58%			9,378			PAI TRUST COMPANY INC
PORTFOLIO (R1)									PARAMOUNT CONSTRUCTION GROUP INC 40
									1300 ENTERPRISE DRIVE
									DE PERE WI 54115-4934
SAM CONSERVATIVE BALANCED			66.57%			555,338			DCGT AS TTEE AND/OR CUST
PORTFOLIO (R3)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

A-94

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SAM CONSERVATIVE BALANCED			8.30%			69,266			DANCKER SELLEW & DOUGLAS INC
PORTFOLIO (R3)									FBO DANCKER SELLEW & DOUGLAS INC
									SUPP EXEC RET
									ATTN PLAN TRUSTEE
									291 EVANS WAY
									SOMMERVILLE NJ 08876-3766
SAM CONSERVATIVE BALANCED			5.11%			42,632			CHANNELL COMMERCIAL CORPORATION
PORTFOLIO (R3)									ATTN PLAN TRUSTEE
									FBO CHANNELL COMM CORP NQ DEF COMP
									26040 YNEX RD
									TEMECULA CA 92591-6033
SAM CONSERVATIVE BALANCED			39.25%			398,959			DCGT AS TTEE AND/OR CUST
PORTFOLIO (R4)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SAM CONSERVATIVE BALANCED			32.84%			333,835			PRINCIPAL TRUST COMPANY
PORTFOLIO (R4)									FBO B&G AND AFFILIATES EXEC RET PLAN
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
SAM CONSERVATIVE BALANCED			16.97%			172,511			PRINCIPAL TRUST COMPANY
PORTFOLIO (R4)									FBO BURWELL DC PLAN
									ATTN PLAN TRUSTEE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
SAM CONSERVATIVE BALANCED			72.63%			1,305,419			DCGT AS TTEE AND/OR CUST
PORTFOLIO (R5)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SAM CONSERVATIVE BALANCED			21.56%			387,667			KGP TELECOMMUNICATIONS LLC
PORTFOLIO (R5)									ATTN PLAN TRUSTEE
									FBO KGPCO PHANTOM UNITS PLAN
									3305 HIGHWAY 60 WEST
									FAIRBAULT MN 55021-4869
SAM CONSERVATIVE GROWTH			12.80%			12,706,211			NATIONAL FINANCIAL SERVICES LLC
PORTFOLIO (A)									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995

A-95

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SAM CONSERVATIVE GROWTH			11.33%			11,239,300			J. P. MORGAN SECURITIES LLC
PORTFOLIO (A)									FBO EXCLUSIVE BENEFIT OF OUR CUST
									4 CHASE METROTECH CTR
									BROOKLYN NY 11245-0003
SAM CONSERVATIVE GROWTH			5.30%			5,266,147			PERSHING LLC
PORTFOLIO (A)									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
SAM CONSERVATIVE GROWTH			17.16%			1,461,282			NATIONAL FINANCIAL SERVICES LLC
PORTFOLIO (C)									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
SAM CONSERVATIVE GROWTH			11.06%			941,656			RAYMOND JAMES
PORTFOLIO (C)									OMNIBUS FOR MUTUAL FUNDS
									HOUSE ACCT FIRM 92500015
									ATTN: COURTNEY WALLER
									880 CARILLON PKWY
									ST PETERSBURG FL 33716-1102
SAM CONSERVATIVE GROWTH			6.74%			574,054			WELLS FARGO CLEARING SERVICES LLC
PORTFOLIO (C)									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
SAM CONSERVATIVE GROWTH			79.37%			22,069,517			PRINCIPAL LIFE INS COMPANY CUST
PORTFOLIO (I)									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
SAM CONSERVATIVE GROWTH			5.26%			1,464,596			DCGT AS TTEE AND/OR CUST
PORTFOLIO (I)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SAM CONSERVATIVE GROWTH			99.99%			111,315			DCGT AS TTEE AND/OR CUST
PORTFOLIO (R1)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SAM CONSERVATIVE GROWTH			73.40%			485,913			DCGT AS TTEE AND/OR CUST
PORTFOLIO (R3)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

A-96

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SAM CONSERVATIVE GROWTH			5.50%			36,409			PRINCIPAL TRUST COMPANY
PORTFOLIO (R3)									FBO EXEC NQ OF FOND DU LAC BAND
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
SAM CONSERVATIVE GROWTH			62.65%			203,588			DCGT AS TTEE AND/OR CUST
PORTFOLIO (R4)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SAM CONSERVATIVE GROWTH			19.35%			62,900			WALSER AUTOMOTIVE GROUP LLC
PORTFOLIO (R4)									FBO WALSER AUTO GROUP NQ LONG TERM
									ATTN PLAN TRUSTEE
									INCENTIVE PLAN
									7700 FRANCE AVENUE S SUITE 410N
									EDINA MN 55435-5869
SAM CONSERVATIVE GROWTH			9.77%			31,770			PRINCIPAL TRUST COMPANY
PORTFOLIO (R4)									FBO BURWELL DC PLAN
									ATTN PLAN TRUSTEE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
SAM CONSERVATIVE GROWTH			93.03%			1,460,994			DCGT AS TTEE AND/OR CUST
PORTFOLIO (R5)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SAM FLEXIBLE INCOME			26.49%			24,720,817			NATIONAL FINANCIAL SERVICES LLC
PORTFOLIO (A)									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
SAM FLEXIBLE INCOME			7.96%			7,428,848			J. P. MORGAN SECURITIES LLC
PORTFOLIO (A)									FBO EXCLUSIVE BENEFIT OF OUR CUST
									4 CHASE METROTECH CTR
									BROOKLYN NY 11245-0003
SAM FLEXIBLE INCOME			30.05%			3,508,277			NATIONAL FINANCIAL SERVICES LLC
PORTFOLIO (C)									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995

A-97

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SAM FLEXIBLE INCOME			6.45%			753,222			WELLS FARGO CLEARING SERVICES LLC
PORTFOLIO (C)									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
SAM FLEXIBLE INCOME			66.66%			10,773,751			PRINCIPAL LIFE INS COMPANY CUST
PORTFOLIO (I)									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
SAM FLEXIBLE INCOME			7.87%			1,273,544			WELLS FARGO CLEARING SERVICES LLC
PORTFOLIO (I)									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
SAM FLEXIBLE INCOME			6.56%			1,061,321			NATIONAL FINANCIAL SERVICES LLC
PORTFOLIO (I)									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
SAM FLEXIBLE INCOME			5.46%			883,538			LPL FINANCIAL
PORTFOLIO (I)									OMNIBUS CUSTOMER ACCOUNT
									ATTN MUTUAL FUND TRADING
									4707 EXECUTIVE DR
									SAN DIEGO CA 92121-3091
SAM FLEXIBLE INCOME			58.87%			113,420			PRINCIPAL TRUST COMPANY
PORTFOLIO (R1)									FBO CONCORP CONCRETE INC DEFINED
									BENEFIT PENSION PLAN
									2485 ASHCROFT AVE
									CLOVIS CA 93611-6001
SAM FLEXIBLE INCOME			22.90%			44,122			PRINCIPAL TRUST COMPANY
PORTFOLIO (R1)									FBO DEV MEDICAL ASSOCIATES SC CASH
									BALANCE PENSION PLAN
									5600 W ADDISON ST STE 400
									CHICAGO IL 60634-4400
SAM FLEXIBLE INCOME			15.34%			29,564			DCGT AS TTEE AND/OR CUST
PORTFOLIO (R1)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

A-98

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SAM FLEXIBLE INCOME			64.09%			182,390			DCGT AS TTEE AND/OR CUST
PORTFOLIO (R3)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SAM FLEXIBLE INCOME			13.46%			38,309			MID ATLANTIC TRUST COMPANY FBO
PORTFOLIO (R3)									BUFFALO ULTRASOUND INC 401 K
									PROFIT SHARING PLAN & TRUST
									1251 WATERFRONT PLACE SUITE 525
									PITTSBURGH PA 15222-4228
SAM FLEXIBLE INCOME			11.94%			33,978			PRINCIPAL TRUST COMPANY
PORTFOLIO (R3)									FBO RVVS CASH BALANCE PLAN
									15900 JORDAN AVE SE
									PRIOR LAKE MN 55372-2051
SAM FLEXIBLE INCOME			52.08%			156,242			PRINCIPAL TRUST COMPANY
PORTFOLIO (R4)									FBO SCHENECTADY PULMONARY & CRITICAL CARE
									124 ROSA RD STE 382
									SCHENECTADY NY 12308-2144
SAM FLEXIBLE INCOME			19.24%			57,735			DCGT AS TTEE AND/OR CUST
PORTFOLIO (R4)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SAM FLEXIBLE INCOME			11.66%			34,997			PRINCIPAL TRUST COMPANY
PORTFOLIO (R4)									FBO BURWELL DC PLAN
									ATTN PLAN TRUSTEE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
SAM FLEXIBLE INCOME			6.95%			20,859			BRISTOL BAY NATIVE CORPORATION
PORTFOLIO (R4)									ATTN PLAN TRUSTEE
									FBO BBNC NQ DEF COMP PLAN
									111 W 16TH AVE
									ANCHORAGE AK 99501-6299
SAM FLEXIBLE INCOME			93.54%			684,976			DCGT AS TTEE AND/OR CUST
PORTFOLIO (R5)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SAM STRATEGIC GROWTH			10.39%			6,528,677			J. P. MORGAN SECURITIES LLC
PORTFOLIO (A)									FBO EXCLUSIVE BENEFIT OF OUR CUST
									4 CHASE METROTECH CTR
									BROOKLYN NY 11245-0003

A-99

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SAM STRATEGIC GROWTH			10.18%			6,399,015			NATIONAL FINANCIAL SERVICES LLC
PORTFOLIO (A)									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
SAM STRATEGIC GROWTH			15.78%			807,450			NATIONAL FINANCIAL SERVICES LLC
PORTFOLIO (C)									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
SAM STRATEGIC GROWTH			79.47%			14,024,096			PRINCIPAL LIFE INS COMPANY CUST
PORTFOLIO (I)									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
SAM STRATEGIC GROWTH			5.68%			1,002,544			FIRST COMMAND FINANCIAL SERVICES INC
PORTFOLIO (I)									ATTN PLAN TRUSTEE
									FBO FIRST COMMAND DEF CAREER
									1 FIRSTCOMM PLAZA
									FORT WORTH TX 76109-4978
SAM STRATEGIC GROWTH			80.24%			15,913			DCGT AS TTEE AND/OR CUST
PORTFOLIO (R1)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SAM STRATEGIC GROWTH			19.75%			3,917			MG TRUST COMPANY CUST FBO
PORTFOLIO (R1)									PAULDING EXEMPTED VILLAGE SC 403 B
									717 17TH ST STE 1300
									DENVER CO 80202-3304
SAM STRATEGIC GROWTH			81.25%			339,460			DCGT AS TTEE AND/OR CUST
PORTFOLIO (R3)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SAM STRATEGIC GROWTH			5.98%			25,005			UBS WM USA
PORTFOLIO (R3)									0O0 11011 6100
									OMNI ACCOUNT M/F
									SPEC CDY A/C EBOC UBSFSI
									1000 HARBOR BLVD
									WEEHAWKEN NJ 07086-6761

A-100

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SAM STRATEGIC GROWTH			51.60%			125,055			DCGT AS TTEE AND/OR CUST
PORTFOLIO (R4)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SAM STRATEGIC GROWTH			28.79%			69,785			PRINCIPAL TRUST COMPANY
PORTFOLIO (R4)									FBO BURWELL DC PLAN
									ATTN PLAN TRUSTEE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
SAM STRATEGIC GROWTH			10.62%			25,752			MATRIX TRUST CO AS AGENT FBO
PORTFOLIO (R4)									PRO-SET INC FINANCIAL SECURITY TRUS
									PO BOX 52129
									PHOENIX AZ 85072-2129
SAM STRATEGIC GROWTH			95.56%			1,081,774			DCGT AS TTEE AND/OR CUST
PORTFOLIO (R5)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SHORT-TERM INCOME (A)			30.37%			9,385,438			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
SHORT-TERM INCOME (A)			10.16%			3,141,970			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
SHORT-TERM INCOME (A)			8.70%			2,690,915			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
SHORT-TERM INCOME (C)			20.62%			398,475			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995

A-101

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SHORT-TERM INCOME (C)			17.56%			339,328			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
SHORT-TERM INCOME (C)			5.17%			99,984			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
SHORT-TERM INCOME (I)			11.81%			27,103,100			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
SHORT-TERM INCOME (I)			11.76%			26,988,192			LIFETIME 2020 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
SHORT-TERM INCOME (I)			10.81%			24,798,819			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY ACCOUNT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMERS
									ATTN MUTUAL FUNDS
									101 MONTGOMERY ST
									SAN FRANCISCO CA 94104-4151
SHORT-TERM INCOME (I)			7.39%			16,974,898			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
SHORT-TERM INCOME (I)			5.91%			13,578,365			MAC & CO A/C 135602
									MUTUAL FUND OPERATIONS
									500 GRANT STREET ROOM 151-1010
									PITTSBURGH PA 15219-2502
SHORT-TERM INCOME (I)			5.63%			12,930,182			SAM FLEXIBLE INCOME PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
SHORT-TERM INCOME (R1)			62.70%			33,085			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

A-102

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SHORT-TERM INCOME (R1)			36.14%			19,069			EWR, INC
									FBO EXEC RETIREMENT PLAN OF EWR, INC
									ATTN JOSEPH WYRICK
									6055 PRIMACY PKWY STE 100
									MEMPHIS TN 38119-5514
SHORT-TERM INCOME (R3)			53.97%			432,380			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SHORT-TERM INCOME (R3)			10.04%			80,458			PRINCIPAL TRUST COMPANY
									FBO DUPAGE INTERNAL MEDICINE LLC
									228 OXFORD AVE
									CLARENDON HLS IL 60514-2807
SHORT-TERM INCOME (R3)			6.32%			50,670			DSL CONSTRUCTION CORP
									FBO EXEC NQ EXCESS OF DSL
									CONSTRUCTION
									ATTN PLAN TRUSTEE
									11300 W OLYMPIC BLVD STE 770
									LOS ANGELES CA 90064-1644
SHORT-TERM INCOME (R3)			5.57%			44,644			PRINCIPAL TRUST COMPANY
									FBO SSP AMERICAN DEF COMP PLAN
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
SHORT-TERM INCOME (R4)			50.26%			512,997			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SHORT-TERM INCOME (R4)			23.33%			238,145			NOMURA HOLDING AMERICA INC
									ATTN PLAN TRUSTEE
									FBO NOMURA SUPP RET SAVINGS
									309 W 49TH ST
									NEW YORK NY 10019-9102
SHORT-TERM INCOME (R4)			8.59%			87,717			BRISTOL BAY NATIVE CORPORATION
									ATTN PLAN TRUSTEE
									FBO BBNC NQ DEF COMP PLAN
									111 W 16TH AVE
									ANCHORAGE AK 99501-6299

A-103

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SHORT-TERM INCOME (R5)			40.03%			307,918			CHURCHILL MORTGAGE CORPORATION
									FBO CHURCHILL MORTGAGE CORPORATION
									INCENTIVE BONUS PLAN
									ATTN SHEREE BARLETT
									761 OLD HICKORY BLVD STE 400
									BRENTWOOD TN 37027-4519
SHORT-TERM INCOME (R5)			15.33%			117,980			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SHORT-TERM INCOME (R5)			9.82%			75,564			NATIONAL FINANCIAL SERVICES LLC
									499 WASHINGTON BLVD
									JERSEY CITY NJ 07310-1995
SHORT-TERM INCOME (R5)			9.77%			75,216			PRINCIPAL TRUST COMPANY
									FBO GUEST SERVICES EMPLOYEE SAVINGS PLAN
									ATTN SUSAN SAGGIONE
									1013 CENTRE ROAD
									WILMINGTON DE 19805-1265
SHORT-TERM INCOME (R5)			9.39%			72,242			NORTHWEST ADMINISTRATORS
									ATTN GAYLE BUSHNELL
									FBO NQ EXCESS OF NW ADMINISTRATORS
									2323 EASTLAKE AVE E
									SEATTLE WA 98102-3963
SMALLCAP (A)			17.35%			1,903,401			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
SMALLCAP (A)			6.20%			680,424			J. P. MORGAN SECURITIES LLC
									FBO EXCLUSIVE BENEFIT OF OUR CUST
									4 CHASE METROTECH CTR
									BROOKLYN NY 11245-0003
SMALLCAP (C)			22.12%			221,338			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
SMALLCAP (C)			17.84%			178,478			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995

A-104

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SMALLCAP (C)			5.45%			54,600			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
SMALLCAP (I)			25.07%			4,009,592			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
SMALLCAP (I)			23.53%			3,764,289			AMERICAN ENTERPRISE INVESTMENT SVC
									FBO #41999970
									707 2ND AVE S
									MINNEAPOLIS MN 55402-2405
SMALLCAP (I)			8.24%			1,318,055			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
SMALLCAP (I)			6.03%			964,717			LPL FINANCIAL
									OMNIBUS CUSTOMER ACCOUNT
									ATTN MUTUAL FUND TRADING
									4707 EXECUTIVE DR
									SAN DIEGO CA 92121-3091
SMALLCAP (I)			5.97%			955,741			RBC CAPITAL MARKETS LLC
									MUTUAL FUND OMNIBUS PROCESSING OMNIBUS
									ATTN MUTUAL FUND OPS MANAGER
									250 NICOLLET MALL SUITE 1400
									MINNEAPOLIS MN 55401-7554
SMALLCAP (I)			5.59%			894,894			RAYMOND JAMES
									OMNIBUS FOR MUTUAL FUNDS
									HOUSE ACCT FIRM 92500015
									ATTN: COURTNEY WALLER
									880 CARILLON PKWY
									ST PETERSBURG FL 33716-1102
SMALLCAP (I)			5.48%			877,112			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
SMALLCAP (I)			5.37%			858,899			UBS WM USA
									0O0 11011 6100
									OMNI ACCOUNT M/F
									SPEC CDY A/C EBOC UBSFSI
									1000 HARBOR BLVD
									WEEHAWKEN NJ 07086-6761

A-105

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SMALLCAP (R1)			52.90%			44,173			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALLCAP (R1)			28.51%			23,807			FIIOC
									FBO VRMC OF NEW YORK 401K PLAN
									100 MAGELLAN WAY (KW1C)
									COVINGTON KY 41015-1987
SMALLCAP (R1)			8.46%			7,064			FIIOC
									FBO ATLANTIC TOYOTA GROUP INC 401K PLAN
									100 MAGELLAN WAY (KW1C)
									COVINGTON KY 41015-1987
SMALLCAP (R3)			26.59%			168,472			SAMMONS RETIREMENT SOLUTIONS
									8300 MILLS CIVIC PKWY
									WDM IA 50266-3833
SMALLCAP (R3)			16.80%			106,445			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALLCAP (R3)			5.54%			35,156			STATE STREET BANK AND TRUST COMPANY
									TRUSTEE AND/OR CUSTODIAN
									FBO ADP ACCESS PRODUCT
									1 LINCOLN ST
									BOSTON MA 02111-2901
SMALLCAP (R4)			95.21%			1,613,383			NATIONAL FINANCIAL SERVICES LLC
									499 WASHINGTON BLVD
									JERSEY CITY NJ 07310-1995
SMALLCAP (R5)			49.04%			1,003,248			NATIONAL FINANCIAL SERVICES LLC
									499 WASHINGTON BLVD
									JERSEY CITY NJ 07310-1995
SMALLCAP (R5)			20.47%			418,867			PIMS/PRUDENTIAL RETIREMENT
									AS NOMINEE FOR THE TTEE/CUST PL 002
									CITY OF JERSEY CITY
									280 GROVE STREET ROOM 106
									JERSEY CITY NJ 07302-3610
SMALLCAP (R5)			13.61%			278,432			VANGUARD FIDUCIARY TRUST CO CUST
									FBO 401K CLIENTS 401(K) PLAN
									PO BOX 2600
									VALLEY FORGE PA 19482-2600

A-106

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SMALLCAP (R5)			8.91%			182,273			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALLCAP (R6)			53.33%			4,808,598			NFS LLC FEBO
									FIIOC AS AGENT FOR
									QUALIFIED EMPLOYEE BENEFIT
									PLANS (401K) FINOPS-IC FUNDS
									100 MAGELLAN WAY # KW1C
									COVINGTON KY 41015-1987
SMALLCAP (R6)			19.61%			1,768,881			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
SMALLCAP GROWTH I (I)			33.09%			3,997,264			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
SMALLCAP GROWTH I (I)			14.09%			1,702,577			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALLCAP GROWTH I (I)			12.66%			1,529,885			MLPF&S FOR THE SOLE
									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR E FL 3
									JACKSONVILLE FL 32246-6484
SMALLCAP GROWTH I (I)			10.63%			1,284,670			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY A/C FOR THE
									BENIFIT OF CUSTOMERS
									ATTN MUTUAL FUNDS
									101 MONTGOMERY ST
									SAN FRANCISCO CA 94104-4151
SMALLCAP GROWTH I (R1)			92.16%			177,648			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

A-107

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SMALLCAP GROWTH I (R3)			48.03%			690,696			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALLCAP GROWTH I (R3)			17.49%			251,543			PIMS/PRUDENTIAL RETIREMENT
									AS NOMINEE FOR THE TTEE/CUST PL 767
									DIGERONIMO COMPANIES RETIREMENT
									5720 SCHAAF RD
									INDEPENDENCE OH 44131
SMALLCAP GROWTH I (R4)			43.98%			406,047			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALLCAP GROWTH I (R4)			23.11%			213,392			JOHN HANCOCK TRUST COMPANY LLC
									690 CANTON ST STE 100
									WESTWOOD MA 02090-2324
SMALLCAP GROWTH I (R4)			11.25%			103,929			LINCOLN RETIREMENT SERVICES COMPANY
									FBO SCHOOL BD OF RICHMOND 403B
									PO BOX 7876
									FORT WAYNE IN 46801-7876
SMALLCAP GROWTH I (R4)			5.96%			55,101			PRINCIPAL TRUST COMPANY
									FBO CRST INTL NQ PLAN
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
SMALLCAP GROWTH I (R5)			46.67%			1,323,284			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALLCAP GROWTH I (R5)			19.66%			557,582			NATIONAL FINANCIAL SERVICES LLC
									499 WASHINGTON BLVD
									JERSEY CITY NJ 07310-1995
SMALLCAP GROWTH I (R5)			10.67%			302,606			TIAA, FSB CUST/TTEE FBO:
									RETIREMENT PLANS FOR WHICH
									TIAA ACTS AS RECORDKEEPER
									ATTN: TRUST OPERATIONS
									211 N BROADWAY STE 1000
									SAINT LOUIS MO 63102-2748

A-108

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SMALLCAP GROWTH I (R5)			5.27%			149,611			RELIANCE TRUST COMPANY TRUSTEE
									FBO RITE SOLUTIONS SAVINGS & INVEST
									185 S BROAD ST STE 303
									PAWCATUCK CT 06379-1997
SMALLCAP GROWTH I (R6)			46.33%			72,790,686			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
SMALLCAP GROWTH I (R6)			8.47%			13,313,065			NATIONAL FINANCIAL SERVICES LLC
									499 WASHINGTON BLVD
									JERSEY CITY NJ 07310-1995
SMALLCAP S&P 600 INDEX (I)			15.63%			1,317,028			PERSHING LLC
									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
SMALLCAP S&P 600 INDEX (I)			15.00%			1,263,477			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALLCAP S&P 600 INDEX (I)			10.45%			880,224			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
SMALLCAP S&P 600 INDEX (I)			7.05%			593,995			LPL FINANCIAL
									OMNIBUS CUSTOMER ACCOUNT
									ATTN MUTUAL FUND TRADING
									4707 EXECUTIVE DR
									SAN DIEGO CA 92121-3091
SMALLCAP S&P 600 INDEX (I)			5.67%			477,500			STATE STREET BANK AND TRUST COMPANY
									TRUSTEE AND/OR CUSTODIAN
									FBO ADP ACCESS PRODUCT
									1 LINCOLN ST
									BOSTON MA 02111-2901
SMALLCAP S&P 600 INDEX (R1)			37.36%			104,648			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

A-109

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SMALLCAP S&P 600 INDEX (R1)			5.30%			14,843			COUNSEL TRUST DBA MATC FBO
									HIRSCH INTERNATIONAL CORP 401 K
									PROFIT SHARING PLAN & TRUST
									1251 WATERFRONT PL STE 525
									PITTSBURGH PA 15222-4228
SMALLCAP S&P 600 INDEX (R3)			33.65%			1,028,781			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALLCAP S&P 600 INDEX (R3)			10.71%			327,702			STATE STREET BANK AND TRUST COMPANY
									TRUSTEE AND/OR CUSTODIAN
									FBO ADP ACCESS PRODUCT
									1 LINCOLN ST
									BOSTON MA 02111-2901
SMALLCAP S&P 600 INDEX (R3)			5.69%			173,970			PIMS/PRUDENTIAL RETIREMENT
									AS NOMINEE FOR THE TTEE/CUST PL 007
									403(B)(7) TAX DEFERRED MUTUAL
									C/O PARADIGM EQUITIES INC
									1216 KENDALE BLVD
									EAST LANSING MI 48823-2008
SMALLCAP S&P 600 INDEX (R4)			52.83%			645,358			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALLCAP S&P 600 INDEX (R4)			7.43%			90,782			CHARLES SCHWAB & CO INC
									SPECIAL CUSTODY ACCT FBO CUSTOMERS
									ATTN MUTUAL FUNDS
									101 MONTGOMERY ST
									SAN FRANCISCO CA 94104-4151
SMALLCAP S&P 600 INDEX (R4)			6.10%			74,524			STATE STREET BANK AND TRUST COMPANY
									TRUSTEE AND/OR CUSTODIAN
									FBO ADP ACCESS PRODUCT
									1 LINCOLN ST
									BOSTON MA 02111-2901
SMALLCAP S&P 600 INDEX (R5)			55.16%			2,150,728			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

A-110

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SMALLCAP S&P 600 INDEX (R6)			27.97%			6,338,199			DIVERSIFIED GROWTH ACCOUNT
									ATTN MUTUAL FUND ACCOUNTING H221
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALLCAP S&P 600 INDEX (R6)			17.12%			3,879,760			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS
									ATTN NPIO TRADE DESK OMNIBUS
									711 HIGH STREET
									DES MOINES IA 50392-0001
SMALLCAP S&P 600 INDEX (R6)			11.12%			2,520,310			DIVERSIFIED GROWTH VOLATILITY
									CONTROL ACCOUNT
									ATTN MUTUAL FUND ACCOUNTING H221
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALLCAP S&P 600 INDEX (R6)			5.48%			1,243,145			DIVERSIFIED BALANCED ACCOUNT
									ATTN MUTUAL FUND ACCOUNTING H221
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALLCAP VALUE II (I)			42.32%			4,779,231			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
SMALLCAP VALUE II (I)			16.44%			1,857,185			PIMS/PRUDENTIAL RETIREMENT
									AS NOMINEE FOR THE TTEE/CUST PL 767
									BT U.S. RETIREMENT SAVINGS PLAN
									8951 CYPRESS WATERS BLVD STE 200
									DALLAS TX 75019-4763
SMALLCAP VALUE II (I)			9.78%			1,105,148			EMPOWER TRUST FBO
									EMPLOYEE BENEFITS CLIENTS 401K
									8515 E ORCHARD RD 2T2
									GREENWOOD VILLAGE CO 80111-5002
SMALLCAP VALUE II (I)			7.42%			838,245			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALLCAP VALUE II (R1)			89.60%			78,121			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001

A-111

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SMALLCAP VALUE II (R1)			10.35%			9,028			RELIANCE TRUST CO TTEE
									FBO ADP ACCESS LARGE MARKET 401(K) PLAN
									201 17TH ST NW STE 1000
									ATLANTA GA 30363-1195
SMALLCAP VALUE II (R3)			73.82%			383,132			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALLCAP VALUE II (R3)			5.41%			28,085			RELIANCE TRUST CO CUST
									FBO ADP ACCESS LARGE MARKET 401(K) PLAN
									201 17TH ST NW STE 1000
									ATLANTA GA 30363-1195
SMALLCAP VALUE II (R4)			75.74%			187,893			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALLCAP VALUE II (R4)			16.08%			39,892			EMPOWER TRUST FBO
									EMPLOYEE BENEFITS CLIENTS 401K
									8515 E ORCHARD RD 2T2
									GREENWOOD VILLAGE CO 80111-5002
SMALLCAP VALUE II (R5)			97.10%			1,147,443			DCGT AS TTEE AND/OR CUST
									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALLCAP VALUE II (R6)			58.50%			51,294,215			PRINCIPAL LIFE INS COMPANY CUST
									FBO PFG OMNIBUS WRAPPED AND CUSTOM
									ATTN PLIC PROXY COORDINATOR FUNDS
									711 HIGH STREET
									DES MOINES IA 50392-0001
SMALLCAP VALUE II (R6)			7.34%			6,436,284			LIFETIME 2040 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALLCAP VALUE II (R6)			7.00%			6,142,352			LIFETIME 2030 FUND
									ATTN MUTUAL FUND ACCOUNTING- H221
									711 HIGH ST
									DES MOINES IA 50392-0001

A-112

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SMALLCAP VALUE II (R6)			5.73%			5,025,058			LIFETIME 2050 FUND
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALL-MIDCAP DIVIDEND INCOME (A)			18.09%			1,713,879			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
SMALL-MIDCAP DIVIDEND INCOME (A)			12.77%			1,210,157			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
SMALL-MIDCAP DIVIDEND INCOME (A)			8.29%			785,586			MLPF&S FOR THE SOLE
									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR E FL 3
									JACKSONVILLE FL 32246-6484
SMALL-MIDCAP DIVIDEND INCOME (A)			6.93%			657,126			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
SMALL-MIDCAP DIVIDEND INCOME (A)			6.83%			647,642			UBS WM USA
									0O0 11011 6100
									OMNI ACCOUNT M/F
									SPEC CDY A/C EBOC UBSFSI
									1000 HARBOR BLVD
									WEEHAWKEN NJ 07086-6761
SMALL-MIDCAP DIVIDEND INCOME (C)			26.90%			685,316			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
SMALL-MIDCAP DIVIDEND INCOME (C)			17.10%			435,638			RAYMOND JAMES
									OMNIBUS FOR MUTUAL FUNDS
									HOUSE ACCT FIRM 92500015
									ATTN: COURTNEY WALLER
									880 CARILLON PKWY
									ST PETERSBURG FL 33716-1102

A-113

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SMALL-MIDCAP DIVIDEND INCOME (C)			14.04%			357,777			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
SMALL-MIDCAP DIVIDEND INCOME (C)			8.71%			222,066			UBS WM USA
									0O0 11011 6100
									OMNI ACCOUNT M/F
									SPEC CDY A/C EBOC UBSFSI
									1000 HARBOR BLVD
									WEEHAWKEN NJ 07086-6761
SMALL-MIDCAP DIVIDEND INCOME (I)			23.52%			10,597,612			UBS WM USA
									0O0 11011 6100
									OMNI ACCOUNT M/F
									SPEC CDY A/C EBOC UBSFSI
									1000 HARBOR BLVD
									WEEHAWKEN NJ 07086-6761
SMALL-MIDCAP DIVIDEND INCOME (I)			19.04%			8,581,525			RAYMOND JAMES
									OMNIBUS FOR MUTUAL FUNDS
									HOUSE ACCT FIRM 92500015
									ATTN: COURTNEY WALLER
									880 CARILLON PKWY
									ST PETERSBURG FL 33716-1102
SMALL-MIDCAP DIVIDEND INCOME (I)			12.45%			5,610,151			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
SMALL-MIDCAP DIVIDEND INCOME (I)			11.87%			5,348,932			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
SMALL-MIDCAP DIVIDEND INCOME (I)			5.59%			2,519,868			MLPF&S FOR THE SOLE
									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR E FL 2
									JACKSONVILLE FL 32246-6484
SMALL-MIDCAP DIVIDEND INCOME (R6)			21.62%			5,255,769			SAM BALANCED PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING -H221
									711 HIGH ST
									DES MOINES IA 50392-0001

A-114

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SMALL-MIDCAP DIVIDEND INCOME (R6)			21.26%			5,166,470			SAM CONS GROWTH PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALL-MIDCAP DIVIDEND INCOME (R6)			19.46%			4,730,021			SAM STRATEGIC GROWTH PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALL-MIDCAP DIVIDEND INCOME (R6)			13.13%			3,192,516			SAM FLEXIBLE INCOME PORTFOLIO PIF
									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
SMALL-MIDCAP DIVIDEND INCOME (R6)			5.79%			1,407,735			KENTUCKY PUBLIC EMPLOYEES DEFERRED
									COMPENSATION AUTHORITY
									C/O NATIONWIDE
									PO BOX 182029
									COLUMBUS OH 43218-2029
SMALL-MIDCAP GROWTH (I)			93.53%			740,213			PRINCIPAL FINANCIAL SERVICES INC
									PUBLIC SEED ACCOUNT
									ATTN GAM INVACCT ACA TEAM G-016-S40
									711 HIGH ST
									DES MOINES IA 50392-9992
SPECTRUM PREFERRED AND CAPITAL			19.60%			16,234,986			MLPF&S FOR THE SOLE
SECURITIES INCOME (A)									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR EAST 3RD FL
									JACKSONVILLE FL 32246-6484
SPECTRUM PREFERRED AND CAPITAL			14.16%			11,729,264			WELLS FARGO CLEARING SERVICES LLC
SECURITIES INCOME (A)									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
SPECTRUM PREFERRED AND CAPITAL			13.45%			11,143,188			MORGAN STANLEY SMITH BARNEY LLC
SECURITIES INCOME (A)									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
SPECTRUM PREFERRED AND CAPITAL			8.76%			7,258,206			NATIONAL FINANCIAL SERVICES LLC
SECURITIES INCOME (A)									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995

A-115

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SPECTRUM PREFERRED AND CAPITAL			6.49%			5,379,335			CHARLES SCHWAB & CO INC
SECURITIES INCOME (A)									FBO SPECIAL CUSTODY ACCOUNTS
									ATTN MUTUAL FUNDS
									211 MAIN ST
									SAN FRANCISCO CA 94105-1901
SPECTRUM PREFERRED AND CAPITAL			5.68%			4,708,013			UBS WM USA
SECURITIES INCOME (A)									0O0 11011 6100
									OMNI ACCOUNT M/F
									SPEC CDY A/C EBOC UBSFSI
									1000 HARBOR BLVD
									WEEHAWKEN NJ 07086-6761
SPECTRUM PREFERRED AND CAPITAL			22.10%			4,093,126			WELLS FARGO CLEARING SERVICES LLC
SECURITIES INCOME (C)									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
SPECTRUM PREFERRED AND CAPITAL			16.32%			3,022,711			MORGAN STANLEY SMITH BARNEY LLC
SECURITIES INCOME (C)									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
SPECTRUM PREFERRED AND CAPITAL			12.36%			2,289,844			MLPF&S FOR THE SOLE
SECURITIES INCOME (C)									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR EAST 3RD FL
									JACKSONVILLE FL 32246-6484
SPECTRUM PREFERRED AND CAPITAL			9.48%			1,756,655			RAYMOND JAMES
SECURITIES INCOME (C)									OMNIBUS FOR MUTUAL FUNDS
									HOUSE ACCT FIRM 92500015
									ATTN: COURTNEY WALLER
									880 CARILLON PKWY
									ST PETERSBURG FL 33716-1102
SPECTRUM PREFERRED AND CAPITAL			6.50%			1,204,167			PERSHING LLC
SECURITIES INCOME (C)									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
SPECTRUM PREFERRED AND CAPITAL			5.65%			1,046,856			CHARLES SCHWAB & CO INC
SECURITIES INCOME (C)									FBO SPECIAL CUSTODY ACCOUNTS
									ATTN MUTUAL FUNDS
									211 MAIN ST
									SAN FRANCISCO CA 94105-1901

A-116

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SPECTRUM PREFERRED AND CAPITAL			12.64%			53,784,950			WELLS FARGO CLEARING SERVICES LLC
SECURITIES INCOME (I)									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
SPECTRUM PREFERRED AND CAPITAL			11.28%			48,005,505			RAYMOND JAMES
SECURITIES INCOME (I)									OMNIBUS FOR MUTUAL FUNDS
									HOUSE ACCT FIRM 92500015
									ATTN: COURTNEY WALLER
									880 CARILLON PKWY
									ST PETERSBURG FL 33716-1102
SPECTRUM PREFERRED AND CAPITAL			11.11%			47,264,860			NATIONAL FINANCIAL SERVICES LLC
SECURITIES INCOME (I)									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
SPECTRUM PREFERRED AND CAPITAL			10.66%			45,354,630			MORGAN STANLEY SMITH BARNEY LLC
SECURITIES INCOME (I)									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
SPECTRUM PREFERRED AND CAPITAL			10.47%			44,547,655			MLPF&S FOR THE SOLE
SECURITIES INCOME (I)									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR E FL 3
									JACKSONVILLE FL 32246-6484
SPECTRUM PREFERRED AND CAPITAL			7.72%			32,871,057			PERSHING LLC
SECURITIES INCOME (I)									1 PERSHING PLZ
									JERSEY CITY NJ 07399-0001
SPECTRUM PREFERRED AND CAPITAL			5.53%			23,539,533			UBS WM USA
SECURITIES INCOME (I)									0O0 11011 6100
									OMNI ACCOUNT M/F
									SPEC CDY A/C EBOC UBSFSI
									1000 HARBOR BLVD
									WEEHAWKEN NJ 07086-6761
SPECTRUM PREFERRED AND CAPITAL			5.44%			23,144,346			CHARLES SCHWAB & CO INC
SECURITIES INCOME (I)									SPECIAL CUSTODY A/C FOR THE
									BENEFIT OF CUSTOMERS
									ATTN MUTUAL FUNDS
									101 MONTGOMERY ST
									SAN FRANCISCO CA 94104-4151

A-117

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SPECTRUM PREFERRED AND CAPITAL			54.91%			29,753			DCGT AS TTEE AND/OR CUST
SECURITIES INCOME (R1)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SPECTRUM PREFERRED AND CAPITAL			38.62%			20,925			PRINCIPAL TRUST COMPANY
SECURITIES INCOME (R1)									FBO CONCORP CONCRETE INC DEFINED
									BENEFIT PENSION PLAN
									2485 ASHCROFT AVE
									CLOVIS CA 93611-6001
SPECTRUM PREFERRED AND CAPITAL			5.16%			44,791			SAMMONS RETIREMENT SOLUTIONS
SECURITIES INCOME (R3)									8300 MILLS CIVIC PKWY
									WDM IA 50266-3833
SPECTRUM PREFERRED AND CAPITAL			98.31%			103,388			DCGT AS TTEE AND/OR CUST
SECURITIES INCOME (R4)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SPECTRUM PREFERRED AND CAPITAL			43.18%			110,312			VANGUARD FIDUCIARY TRUST CO
SECURITIES INCOME (R5)									FBO 401K CLIENTS
									ATTN INVESTMENT SERVICES
									PO BOX 2600
									VALLEY FORGE PA 19482-2600
SPECTRUM PREFERRED AND CAPITAL			30.59%			78,168			DCGT AS TTEE AND/OR CUST
SECURITIES INCOME (R5)									FBO PLIC VARIOUS RETIREMENT PLANS OMNIBUS
									ATTN NPIO TRADE DESK
									711 HIGH ST
									DES MOINES IA 50392-0001
SPECTRUM PREFERRED AND CAPITAL			12.05%			30,795			JOHN HANCOCK TRUST COMPANY LLC
SECURITIES INCOME (R5)									690 CANTON ST STE 100
									WESTWOOD MA 02090-2324
SPECTRUM PREFERRED AND CAPITAL			9.50%			24,290			PRINCIPAL TRUST COMPANY
SECURITIES INCOME (R5)									FBO NQ DB OF AAA ARIZONA
									ATTN SUSAN SAGGIONE
									1013 CENTRE RD
									WILMINGTON DE 19805-1265
SPECTRUM PREFERRED AND CAPITAL			19.64%			26,931,415			WELLS FARGO BANK NA FBO
SECURITIES INCOME (R6)									OMNIBUS CASH CASH XXXX0
									PO BOX 1533
									MINNEAPOLIS MN 55480-1533

A-118

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
SPECTRUM PREFERRED AND CAPITAL			14.98%			20,541,179			SAM BALANCED PORTFOLIO PIF
SECURITIES INCOME (R6)									ATTN MUTUAL FUND ACCOUNTING -H221
									711 HIGH ST
									DES MOINES IA 50392-0001
SPECTRUM PREFERRED AND CAPITAL			14.33%			19,655,942			MLPF&S FOR THE SOLE
SECURITIES INCOME (R6)									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR E FL 3
									JACKSONVILLE FL 32246-6484
SPECTRUM PREFERRED AND CAPITAL			12.69%			17,410,217			SAM FLEXIBLE INCOME PORTFOLIO PIF
SECURITIES INCOME (R6)									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
SPECTRUM PREFERRED AND CAPITAL			7.86%			10,779,305			SAM CONS BALANCED PORTFOLIO PIF
SECURITIES INCOME (R6)									ATTN MUTUAL FUND ACCOUNTING-H221
									711 HIGH ST
									DES MOINES IA 50392-0001
SPECTRUM PREFERRED AND CAPITAL			7.20%			9,876,505			WELLS FARGO CLEARING SERVICES
SECURITIES INCOME (R6)									A/C 2035-5107
									ONE NORTH JEFFERSON AVENUE
									SAINT LOUIS MO 63103-2287
TAX-EXEMPT BOND (A)			15.68%			6,879,609			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
TAX-EXEMPT BOND (A)			15.57%			6,833,034			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
TAX-EXEMPT BOND (A)			7.63%			3,350,668			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
TAX-EXEMPT BOND (A)			7.54%			3,310,578			J. P. MORGAN SECURITIES LLC
									FBO EXCLUSIVE BENEFIT OF OUR CUST
									4 CHASE METROTECH CTR
									BROOKLYN NY 11245-0003

A-119

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
TAX-EXEMPT BOND (A)			5.34%			2,345,600			MLPF&S FOR THE SOLE
									BENEFIT OF ITS CUSTOMERS
									ATTN FUND ADMINISTRATION
									4800 DEER LAKE DR E FL 3
									JACKSONVILLE FL 32246-6484
TAX-EXEMPT BOND (C)			25.58%			829,584			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
TAX-EXEMPT BOND (C)			10.38%			336,796			LPL FINANCIAL
									OMNIBUS CUSTOMER ACCOUNT
									ATTN MUTUAL FUND TRADING
									4707 EXECUTIVE DR
									SAN DIEGO CA 92121-3091
TAX-EXEMPT BOND (C)			9.80%			317,953			NATIONAL FINANCIAL SERVICES LLC
									FOR THE EXCL BENE OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995
TAX-EXEMPT BOND (C)			9.08%			294,446			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
TAX-EXEMPT BOND (C)			8.53%			276,801			UBS WM USA
									0O0 11011 6100
									OMNI ACCOUNT M/F
									SPEC CDY A/C EBOC UBSFSI
									1000 HARBOR BLVD
									WEEHAWKEN NJ 07086-6761
TAX-EXEMPT BOND (C)			7.69%			249,419			AMERICAN ENTERPRISE INVESTMENT SVC
									FBO #41999970
									707 2ND AVE S
									MINNEAPOLIS MN 55402-2405
TAX-EXEMPT BOND (I)			33.53%			13,274,373			NATIONAL FINANCIAL SERVICES LLC
									FOR EXCLUSIVE BENEFIT OF OUR CUSTOMERS
									499 WASHINGTON BLVD
									ATTN MUTUAL FUNDS DEPT 4TH FL
									JERSEY CITY NJ 07310-1995

A-120

---

Fund/Class			Percent of Ownership			Number of Shares			Name and Address of Owner
TAX-EXEMPT BOND (I)			15.94%			6,312,495			WELLS FARGO CLEARING SERVICES LLC
									SPECIAL CUSTODY ACCT FOR THE
									EXCLUSIVE BENEFIT OF CUSTOMER
									2801 MARKET ST
									SAINT LOUIS MO 63103-2523
TAX-EXEMPT BOND (I)			11.52%			4,560,879			AMERICAN ENTERPRISE INVESTMENT SVC
									FBO #41999970
									707 2ND AVE S
									MINNEAPOLIS MN 55402-2405
TAX-EXEMPT BOND (I)			7.69%			3,045,882			LPL FINANCIAL
									OMNIBUS CUSTOMER ACCOUNT
									ATTN MUTUAL FUND TRADING
									4707 EXECUTIVE DR
									SAN DIEGO CA 92121-3091
TAX-EXEMPT BOND (I)			6.07%			2,405,344			MORGAN STANLEY SMITH BARNEY LLC
									FOR THE EXCLUSIVE BENE OF ITS CUST
									1 NEW YORK PLZ FL 12
									NEW YORK NY 10004-1965
TAX-EXEMPT BOND (I)			5.00%			1,981,700			UBS WM USA
									0O0 11011 6100
									OMNI ACCOUNT M/F
									SPEC CDY A/C EBOC UBSFSI
									1000 HARBOR BLVD
									WEEHAWKEN NJ 07086-6761

A-121

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APPENDIX B

AUDIT COMMITTEE CHARTER

PRINCIPAL FUNDS3

Audit Committee Charter (Amended September 13, 2022)

This charter sets forth the purpose, operating guidelines and responsibilities of the Audit Committee (the “Committee”) of the Boards of Directors/Trustees of the Principal Funds (the “Funds”). The Committee reviews the charter at least annually.

Purpose

The primary purpose of the Committee is to assist the Board in fulfilling certain of its responsibilities. The Audit Committee serves as an independent and objective party to monitor the Funds’ accounting policies, valuation policies and procedures4, financial reporting and internal control systems, as well as the work of the independent registered public accounting firm. The Audit Committee assists Board oversight of (1) the integrity of the Funds’ financial statements; (2) the Funds’ compliance with certain legal and regulatory requirements;5 (3) the independent registered public accounting firm’s qualifications and independence; (4) the performance of the Funds’ independent registered public accounting firm; and (5) the valuation process for the Funds. The Audit Committee also serves to provide an open avenue of communication among the independent registered public accounting firm, the Manager’s internal auditors, Fund management, and the Board.

The Committee’s role is limited to oversight. PGI is responsible for preparing the Funds’ financial statements in accordance with generally accepted accounting principles, determining appropriate valuations, and for establishing and maintaining appropriate systems for accounting, financial reporting and internal control over financial reporting. The independent registered public accounting firm is responsible for conducting an audit of the Funds’ financial statements in accordance with applicable legal and professional standards, including the standards set by the Public Company Accounting Oversight Board.

Although the Committee has the responsibilities and powers set forth in this charter, it is not the duty of the Committee to plan or conduct audits or to determine that the Funds’ financial statements are complete and accurate and have been prepared in accordance with generally accepted accounting principles. Nothing in this charter shall be construed to reduce the responsibilities or liabilities of the Funds’ service providers, including the independent registered public accounting firm. The independent registered public accounting firm is ultimately accountable to the Funds’ Board and the Committee.

Operating Guidelines

The Board shall appoint the members of the Committee and the Committee’s Chair. Members of the Committee may not be interested persons of the Funds, as defined in the Investment Company Act of 1940, as amended. The number of Committee members shall satisfy each of the securities exchanges on which the Funds offers shares. In addition, a member of the Committee may not, other than in his or her capacity as a member of the Committee, the Board or any other board committee, accept directly or indirectly any consulting, advisory, or other compensatory fee from the Funds or any affiliate of the Funds.

3 Includes Principal Funds, Inc., Principal Variable Contracts Funds, Inc., Principal Exchange-Traded Funds, and any registered closed-end investment company operated as an interval fund and managed by Principal Global Investors, LLC.

4 Principal Global Investors, LLC (“PGI”) is the Funds’ valuation designee pursuant to SEC Rule 2a-5. Accordingly, this responsibility includes monitoring PGI’s valuation policies and procedures applicable to the Funds.

5 The Board has delegated to other committees oversight of various legal and regulatory requirements. The Audit Committee’s function is limited to the activities set forth in this charter.

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Each member of the Committee shall be financially literate, as such qualification is interpreted by the Funds’ Board in its business judgment. At least one member of the Committee must have accounting or related financial management expertise, as the Board interprets such qualification in its business judgment. The Board will determine whether any member of the Committee is an “audit committee financial expert” as defined in Item 3 of Form N-CSR.

There shall be four regular meetings of the Committee each year. In conjunction with these meetings, the Committee shall meet in private executive sessions. The Committee or its Chair may call additional meetings as each deems appropriate. The Committee shall meet periodically, in separate executive sessions, with representatives of Fund Management, the Manager’s internal auditors and the Funds’ independent registered public accounting firm. The Committee may also request to meet with internal legal counsel and compliance personnel of the Manager and with personnel of entities that provide significant accounting or administrative services to the Funds to discuss matters relating to the Funds’ accounting and compliance as well as other Fund-related matters.

Except as provided by law, the following provisions shall govern the conduct of Committee meetings:

•Notice. Notice shall be given as provided for meetings of the Board of Directors/Trustees of the Principal Funds.

•Quorum. At any Committee meeting a majority of the Committee members shall constitute a quorum. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice.

•Action by Vote. When a quorum is present at any meeting, a majority of Committee members may take any action.

•Action by Written Consent. Any action required or permitted to be taken at any Committee meeting may be taken without a meeting if all of the Committee members consent to the action in writing or by electronic transmission and such consents are filed with the records of the meetings of the Committee. Such consent shall be treated for all purposes as a vote taken at a Committee meeting.

•Presence Through Communications Equipment. The members of the Committee may participate in a Committee meeting by means of a conference telephone or other communications equipment by means of which all persons participating in the meeting can hear each other at the same time. Participation by such means shall constitute presence in person at a meeting.

•Minutes. Minutes of the meeting shall be taken and circulated to all members of the Committee in a timely manner.

Responsibilities

The Responsibilities of the Committee include, but are not limited to, the following:

Overseeing Valuation Process:

•Review and approve modifications to the Funds’ and their valuation designee’s valuation policies and procedures, as applicable.

•Review activities of the Valuation committee.

•Review Money Market Fund oversight.

•Review NAV error reports, and errors/omissions reports.

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•Review the fair valuation process.

Overseeing Financial Reporting Process:

•Review with Fund management and the independent registered public accounting firm, the organizational structure, reporting relationship, adequacy of resources and qualifications of the senior Fund management personnel responsible for accounting and financial reporting.

•Review any legal or regulatory matters that arise that could have a material impact on the Funds’ financial statements.

•Oversee the compliance with the Funds’ Code of Ethics for Principal Executive and Senior Financial Officers and consider changes prior to presentation for Board approval.

•Review after fiscal year end, prior to the filing of the Funds’ annual financial statements, a report from the independent registered public accounting firm on:

◦All critical accounting policies and practices to be used;

◦All alternative treatments of financial information within generally accepted accounting principles for policies and practices related to material items that have been discussed with Fund management, the ramifications of the use of such alternative disclosures and treatments, and the treatment preferred by the independent registered public accounting firm;

◦Other material written communications between the independent registered public accounting firm and Fund management including any audit problems or difficulties and management’s response, the management representation letter or schedule of unadjusted differences, if any; and

◦All non-audit services provided to an entity in the “investment company complex” as defined in paragraph (f)(14) of Rule 2‑01 of Regulation S‑X that were not pre-approved by the Audit Committee.

Monitoring System of Internal Controls:

•Review with Fund management and the independent registered public accounting firm their separate evaluation of the adequacy and effectiveness of the Funds’ system of internal controls, including those of the Funds’ service providers.

•Review with the Manager’s internal auditors any findings or recommendations related to the Funds’ systems for accounting, valuation, financial reporting and internal controls and Fund management’s response.

•Receive and review a report from the Manager’s internal auditors regarding any complaints on accounting, valuation, auditing and internal control matters.

•Receive and review information from the Principal Financial Group’s Chief Internal Auditor and the Funds’ Chief Compliance Officer regarding any complaints concerning questionable accounting, valuation, internal accounting controls, audit matters, or fund accounting matters made through the Principal Financial Group’s “whistleblower” procedures by employees of the Funds or the investment advisor, sub-advisors, administrators, principal underwriters, or any other provider of accounting related services for the Funds. Principal Financial Group’s whistleblower procedures are intended to empower employees and others to confidentially and anonymously report any unethical employee behavior, and those procedures will be used to facilitate the identification by the Principal Financial Group’s Chief Internal Auditor and the Funds’ Chief Compliance Officer of complaint information for the Audit Committee’s review.

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•Review with the Funds’ principal executive officer and/or principal financial officer, in connection with the required certifications on Form N-CSR, any significant deficiencies in the design or operation of internal control over financial reporting or material weaknesses therein and any reported evidence of fraud involving management or other employees who have a significant role in the Funds’ internal control over financial reporting.

•Review the Manager’s internal audit function, including its audit plans, staffing and explanations for any deviations from plans.

•Review PGI’s valuation risk matrix for the Funds at least annually in addition to other reports required by SEC Rule 2a-5.

Overseeing the Engagement and Performance of the Funds’ Independent Registered Public Accounting Firm:

•Following evaluation, approve and recommend to the Board, the appointment, retention or termination of any independent registered public accounting firm employed by the Funds and approve the fees and other compensation to be paid to such independent registered public accounting firm.

•Meet with the Funds’ independent registered public accounting firm, including private meetings, as necessary, to: (i) review the arrangements for the annual audit and any other audits or non-audit services; (ii) discuss any matters of concern brought to its attention relating to the Funds’ financial statements, including any proposed adjustments to such statements recommended by the independent registered public accounting firm, or other results of said audit(s); (iii) consider the independent registered public accounting firm’s comments with respect to the Funds’ financial policies, procedures and internal accounting controls and management’s responses thereto; (iv) review with management and the independent registered public accounting firm the annual financial statements, including a discussion with the independent registered public accounting firm of matters required by professional standards and (v) review the form of opinion the independent registered public accounting firm proposes to render to the Board.

•Receive and evaluate on a periodic basis the formal written disclosures and letters from the independent registered public accounting firm as required by the Public Company Accounting Oversight Board (“PCAOB”) Rule 3526.6

•Set policies relating to the hiring by entities within the Fund complex of employees or former employees of the independent registered public accounting firm.

•Obtain and review a report by the independent registered public accounting firm, at least annually, describing any material issues raised by the most recent PCAOB review of the independent registered public accounting firm or by any inquiry or investigation by governmental or professional authorities, within the preceding five years, respecting one or more independent audits carried out by the firm.

•Review and pre-approve all services, including all audit and non-audit services, performed by the Funds’ independent registered public accounting firm for the Funds.

•Review and pre-approve all non-audit services performed by the Funds’ independent registered public accounting firm for the Manager or any entity controlling, controlled by or under common

6 PCAOB Rule 3526 generally requires, among other things, that an auditor: (i) describe to the Committee, in writing, all relationships between the registered public accounting firm or any affiliates of the firm and the audit client or persons in financial reporting oversight roles at the audit client that, as of the date of the communication, may reasonably be thought to bear on independence; (ii) discuss with the Committee the potential effects of the relationships described in (i) on the independence of the registered public accounting firm; (iii) affirm to the Committee, in writing, that, as of the date of the communication, the registered public accounting firm is independent in compliance with PCAOB Rule 3520; and (iv) document the substance of its discussion with the Committee.

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control with the Manager that provides ongoing services to the Funds, if the engagement relates directly to the operations and financial reporting of the Funds; and to develop, to the extent deemed appropriate by the Committee, policies and procedures for pre-approval of the engagement of the Funds’ independent registered public accounting firm to provide any of these non-audit services.

•Consider the controls applied by the independent registered public accounting firm in an effort to assure that all items requiring pre-approval by the Committee are identified and referred to the Committee in a timely fashion.

•Review annual audit plans of the independent registered public accounting firm for the Funds.

Other Responsibilities

•Report activities to the Boards of Directors/Trustees on a regular basis.

•Conduct an annual self-evaluation.

•Maintain communication with counsel for independent directors/trustees.

•Investigate any other matter brought to its attention within the scope of its duties, with the authority in its discretion to retain legal, accounting or other experts or consultants to advise the Committee, at the expense of the Funds, if, in the Committee’s judgment, that is appropriate.

•Perform any other acts consistent with this Charter, the Funds’ Charter, By-Laws and governing law, as the Committee or the Board deems necessary or appropriate.

Funding

The Committee shall receive appropriate funding, as determined by the Committee, for payment of (i) compensation to the independent registered public accounting firm for approved audit or non-audit services for the Funds; (ii) compensation to any legal, accounting or other experts or consultants retained by the Committee; and (iii) ordinary administrative expenses of the Committee that are necessary or appropriate in carrying out its duties.

B-5

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PFI_Trad_100154_0423 PO Box 211230, Eagan, MN 55121-9984 VOTE BY MAIL 1. Read the proxy statement. 2. Check the appropriate box(es) on the reverse side of the proxy card. 3. Sign, date and return the proxy card in the envelope provided. VOTE ONLINE 1. Read the proxy statement and have the proxy card at hand. 2. Go to: www.proxyvotenow.com/pfi2023 3. Follow the simple instructions. VOTE BY PHONE 1. Read the proxy statement and have the proxy card at hand. 2. Call toll-free: 877-718-7240 3. Follow the simple instructions. FUND NAME PRINTS HERE PROXY FOR THE ANNUAL MEETING OF SHAREHOLDERS OF PRINCIPAL FUNDS, INC. TO BE HELD APRIL 26, 2023 THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS The undersigned shareholder of the above-referenced Fund (the “Fund”) hereby appoints each of Laura Latham, Adam Shaikh, and Clint Woods, collectively or individually, as his or her attorney-in-fact and proxy, with the power of substitution of each, to vote and act with respect to all shares of the Fund, which the undersigned is entitled to vote at the Annual Meeting of Shareholders to be held on April 26, 2023 at 10:00 a.m. Central Time, at 801 Grand Avenue, Des Moines, Iowa 50392, and at any adjournment thereof. The attorneys named will vote the shares represented by this proxy in accordance with the choice made on this ballot. IF THIS PROXY IS PROPERLY EXECUTED BUT NO CHOICE IS INDICATED AS TO THE PROPOSALS, THIS PROXY WILL BE VOTED “FOR” THE PROPOSALS. DISCRETIONARY AUTHORITY IS HEREBY CONFERRED AS TO ALL OTHER MATTERS AS MAY PROPERLY COME BEFORE THE ANNUAL MEETING OR ANY ADJOURNMENT THEREOF. CONTROL NUMBER AUTHORIZED SIGNATURE(S) This section must be completed for your vote to be counted. Signature(s) and Title(s), if applicable Sign in the box above Date Note: Please sign exactly as your name(s) appear(s) on this proxy card. If signing for estates, trusts, or other fiduciaries, your title or capacity should be stated and where more than one name appears, a majority must sign. If shares are held jointly, one or more joint owners should

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PFI_Trad_100154_0423 sign personally. If a corporation, the signature should be that of an authorized officer who should state his or her title.

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PFI_Trad_100154_0423 Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Shareholders to be held on April 26, 2023. The Proxy Statement for this Meeting is available at https://proxyvotinginfo.com/p/principal2023 YOUR VOTE IS IMPORTANT NO MATTER HOW MANY SHARES YOU OWN. PLEASE CAST YOUR VOTE TODAY! YOUR SIGNATURE IS REQUIRED FOR YOUR VOTE TO BE COUNTED. IF YOU ARE NOT VOTING BY PHONE OR INTERNET, PLEASE SIGN AND DATE THIS PROXY CARD ON THE REVERSE SIDE AND RETURN IT PROMPTLY IN THE ENCLOSED ENVELOPE. This proxy is solicited on behalf of the Board of Directors. It will be voted as specified. If no specification is made, this proxy shall be voted “FOR” the proposals. The Board of Directors has voted in favor of all the proposals and recommends that you vote “FOR” all the proposals. TO VOTE, MARK BOX(ES) BELOW IN BLUE OR BLACK INK AS FOLLOWS: 1. To elect thirteen Directors to the Board of Directors (Shareholders of all Funds). FOR ALL WITHHOLD ALL FOR ALL EXCEPT* (01) Leroy T. Barnes, Jr. (08) Karen McMillan    (02) Craig Damos (09) Elizabeth A. Nickels (03) Katharin S. Dyer (10) Mary M. VanDeWeghe (04) Frances P. Grieb (11) Kamal Bhatia (05) Fritz S. Hirsch (12) Patrick G. Halter (06) Victor L. Hymes (13) Kenneth A. McCullum (07) Padelford L. Lattimer *Instruction: To withhold authority to vote for any individual nominee(s), mark the FOR ALL EXCEPT box and write the nominee(s) number(s) on the line below. FOR AGAINST ABSTAIN 2. To approve the ability of Principal Global Investors, LLC to enter into and/or materially amend agreements with all sub-advisors, regardless of the degree of affiliation, on behalf of the Fund without obtaining shareholder approval (Shareholders of all Funds except, Global Sustainable Listed Infrastructure Fund).   

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PFI_OV_100154_0423 PO Box 211230, Eagan, MN 55121-9984 VOTE BY MAIL 1. Read the proxy statement. 2. Check the appropriate box(es) on the reverse side of the proxy card. 3. Sign, date and return the proxy card in the envelope provided VOTE ONLINE 1. Read the proxy statement and have the proxy card at hand. 2. Go to www.proxyvotenow.com/pfi2023 3. Follow the simple instructions. VOTE BY PHONE 1. Read the proxy statement and have the proxy card at hand. 2. Call toll-free 877-718-7240 3. Follow the simple instructions. PRINCIPAL FUNDS, INC. PROXY FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD APRIL 26, 2023 THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS The undersigned shareholder of the Funds listed on the reverse side of this proxy card (the “Funds”) hereby appoints each of Laura Latham, Adam Shaikh, and Clint Woods, collectively or individually, as his or her attorney-in-fact and proxy, with the power of substitution of each, to vote and act with respect to all shares of the Funds, which the undersigned is entitled to vote at the Annual Meeting of Shareholders to be held on April 26, 2023 at 10:00 a.m. Central Time, at 801 Grand Avenue, Des Moines, Iowa 50392, and at any adjournment thereof. The attorneys named will vote the shares represented by this proxy in accordance with the choice made on this ballot. IF THIS PROXY IS PROPERLY EXECUTED BUT NO CHOICE IS INDICATED AS TO THE PROPOSALS, THIS PROXY WILL BE VOTED “FOR” THE PROPOSALS. DISCRETIONARY AUTHORITY IS HEREBY CONFERRED AS TO ALL OTHER MATTERS AS MAY PROPERLY COME BEFORE THE ANNUAL MEETING OR ANY ADJOURNMENT THEREOF. CONTROL NUMBER AUTHORIZED SIGNATURE(S) This section must be completed for your vote to be counted. Signature(s) and Title(s), if applicable Sign in the box above Date Note: Please sign exactly as your name(s) appear(s) on this proxy card. If signing for estates, trusts, or other fiduciaries, your title or capacity should be stated and where more than one name appears, a majority must sign. If shares are held jointly, one or more joint owners should sign personally. If a corporation, the signature should be that of an authorized officer who should state his or her title.

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PFI_OV_100154_0423 YOUR SIGNATURE ON THIS CARD IS REQUIRED FOR YOUR VOTE TO BE COUNTED. IF YOU ARE NOT VOTING BY TELEPHONE OR INTERNET, PLEASE BE SURE TO SIGN, DATE, AND RETURN ALL PAGES OF THIS CARD IN THE ENCLOSED ENVELOPE. IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS for the Annual Meeting of Shareholders to be held on April 26, 2023. Please refer to the Proxy Statement for a discussion of each of these matters. The Proxy Statement for this Meeting is available at https://proxyvotinginfo.com/p/principal2023 This card represents all your accounts with the same registration and address. YOUR FUNDS YOUR FUNDS YOUR FUNDS FundName1 FundName2 FundName3 FundName4 FundName5 FundName6 This proxy is solicited on behalf of the Board of Directors. It will be voted as specified. If no specification is made, this proxy will be voted “FOR” the proposals. If any other matters properly come before the Meeting to be voted on, the proxy holders will vote, act and consent on these matters in accordance with the views of management. The Board of Directors has voted in favor of all the proposals and recommends that you vote “FOR” all the proposals. TO VOTE, MARK BOX(ES) BELOW IN BLUE OR BLACK IN AS FOLLOWS:  1. To elect thirteen Directors to the Board of Directors (Shareholders of all Funds). FOR ALL WITHHOLD ALL FOR ALL EXCEPT* (01) Leroy T. Barnes, Jr. (08) Karen McMillan    (02) Craig Damos (09) Elizabeth A. Nickels (03) Katharin S. Dyer (10) Mary M. VanDeWeghe (04) Frances P. Grieb (11) Kamal Bhatia (05) Fritz S. Hirsch (12) Patrick G. Halter (06) Victor L. Hymes (13) Kenneth A. McCullum (07) Padelford L. Lattimer *Instruction: To withhold authority to vote for any individual nominee(s), mark the FOR ALL EXCEPT box and write the nominee(s) number(s) on the line below. 2. To approve the ability of Principal Global Investors, LLC to enter into and/or materially amend agreements with all sub-advisors, regardless of the degree of affiliation, on behalf of the Fund without obtaining shareholder approval (Shareholders of all Funds, except Global Sustainable Listed Infrastructure Fund). To vote all Funds FOR  To vote all Funds AGAINST  To ABSTAIN votes for all Funds , or vote separately by Fund(s) below. If you own the same fund in multiple accounts, that fund name will appear multiple times. FOR AGAINST ABSTAIN FOR AGAINST ABSTAIN 01 FundName1    02 FundName2    03 FundName3    04 FundName4    05 FundName5    06 FundName6   

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PFI-VIC_Trad_100154_0423 PO Box 211230, Eagan, MN 55121-9984 VOTE BY MAIL 1. Read the proxy statement. 2. Check the appropriate box(es) on the reverse side of the card. 3. Sign, date and return the card in the envelope provided. VOTE ONLINE 1. Read the proxy statement and have the card at hand. 2. Go to: www.proxyvotenow.com/pfi2023 3. Follow the simple instructions. VOTE BY PHONE 1. Read the proxy statement and have the card at hand. 2. Call toll-free: 877-718-7240 3. Follow the simple instructions. FUND NAME PRINTS HERE INSURANCE COMPANY NAME PRINTS HERE PROXY FOR THE ANNUAL MEETING OF SHAREHOLDERS OF PRINCIPAL FUNDS, INC. TO BE HELD APRIL 26, 2023 THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS The undersigned, an owner or participant in an annuity or life insurance contract (the “Contract”) of the above-named Fund (the “Fund”), hereby appoints and authorizes the insurance company named above (the “Company”) to vote and act with respect to all shares of the Fund, which are attributable to the undersigned’s participation in the Contract, at the Annual Meeting of Shareholders to be held on April 26, 2023 at 10:00 a.m. Central Time, at 801 Grand Avenue, Des Moines, Iowa 50392, and at any adjournment thereof. The Company will vote the shares represented by this card in accordance with the choices made on this card. If a card is not marked to indicate voting instructions, but is signed, dated, and returned, it will be treated as an instruction to vote the shares in favor of the proposals. If you fail to return this voting instruction card, the Company will vote the shares attributable to the account value in the same proportion as votes cast by contract owners in the same separate account, when applicable. CONTROL NUMBER AUTHORIZED SIGNATURE(S) This section must be completed for your vote to be counted. Signature(s) and Title(s), if applicable Sign in the box above Date Note: Please sign exactly as your name(s) appear(s) on this card. If signing for estates, trusts, or other fiduciaries, your title or capacity should be stated and where more than one name appears, a majority must sign. If shares are held jointly, one or more joint owners should sign

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PFI-VIC_Trad_100154_0423 personally. If a corporation, the signature should be that of an authorized officer who should state his or her title.

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PFI-VIC_Trad_100154_0423 Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Shareholders to be held on April 26, 2023. The Proxy Statement for this Meeting is available at https://proxyvotinginfo.com/p/principal2023 YOUR VOTE IS IMPORTANT NO MATTER HOW MANY SHARES YOU OWN. PLEASE CAST YOUR VOTE TODAY! YOUR SIGNATURE IS REQUIRED FOR YOUR VOTE TO BE COUNTED. IF YOU ARE NOT VOTING BY PHONE OR INTERNET, PLEASE SIGN AND DATE THIS CARD ON THE REVERSE SIDE AND RETURN IT PROMPTLY IN THE ENCLOSED ENVELOPE. This proxy is solicited on behalf of the Board of Directors. It will be voted as specified. If no specification is made, this card shall be voted “FOR” the proposals. The Board of Directors has voted in favor of all the proposals and recommends that you vote “FOR” all the proposals. TO VOTE, MARK BOX(ES) BELOW IN BLUE OR BLACK INK AS FOLLOWS: 1. To elect thirteen Directors to the Board of Directors (Shareholders of all Funds). FOR ALL WITHHOLD ALL FOR ALL EXCEPT* (01) Leroy T. Barnes, Jr. (08) Karen McMillan    (02) Craig Damos (09) Elizabeth A. Nickels (03) Katharin S. Dyer (10) Mary M. VanDeWeghe (04) Frances P. Grieb (11) Kamal Bhatia (05) Fritz S. Hirsch (12) Patrick G. Halter (06) Victor L. Hymes (13) Kenneth A. McCullum (07) Padelford L. Lattimer *Instruction: To withhold authority to vote for any individual nominee(s), mark the FOR ALL EXCEPT box and write the nominee(s) number(s) on the line below. FOR AGAINST ABSTAIN 2. To approve the ability of Principal Global Investors, LLC to enter into and/or materially amend agreements with all sub-advisors, regardless of the degree of affiliation, on behalf of the Fund without obtaining shareholder approval (Shareholders of all Funds except, Global Sustainable Listed Infrastructure Fund).   

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PFI-VIC-NI_Trad_100154_0423 PO Box 211230, Eagan, MN 55121-9984 VOTE BY MAIL 1. Read the proxy statement. 2. Check the appropriate box(es) on the reverse side of the card. 3. Sign, date and return the card in the envelope provided. VOTE ONLINE 1. Read the proxy statement and have the card at hand. 2. Go to: www.proxyvotenow.com/pfi2023 3. Follow the simple instructions. VOTE BY PHONE 1. Read the proxy statement and have the card at hand. 2. Call toll-free: 877-718-7240 3. Follow the simple instructions. FUND NAME PRINTS HERE PROXY FOR THE ANNUAL MEETING OF SHAREHOLDERS OF PRINCIPAL FUNDS, INC. TO BE HELD APRIL 26, 2023 THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS The undersigned, an owner or participant in an annuity or life insurance contract (the “Contract”) of the above-named Fund (the “Fund”), hereby appoints and authorizes the insurance company that issued the Contract (the “Company”) to vote and act with respect to all shares of the Fund, which are attributable to the undersigned’s participation in the Contract, at the Annual Meeting of Shareholders to be held on April 26, 2023 at 10:00 a.m. Central Time, at 801 Grand Avenue, Des Moines, Iowa 50392, and at any adjournment thereof. The Company will vote the shares represented by this card in accordance with the choices made on this card. If a card is not marked to indicate voting instructions, but is signed, dated, and returned, it will be treated as an instruction to vote the shares in favor of the proposals. If you fail to return this voting instruction card, the Company will vote the shares attributable to the account value in the same proportion as votes cast by contract owners in the same separate account, when applicable. CONTROL NUMBER AUTHORIZED SIGNATURE(S) This section must be completed for your vote to be counted. Signature(s) and Title(s), if applicable Sign in the box above Date Note: Please sign exactly as your name(s) appear(s) on this card. If signing for estates, trusts, or other fiduciaries, your title or capacity should be stated and where more than one name appears, a majority must sign. If shares are held jointly, one or more joint owners should sign

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PFI-VIC-NI_Trad_100154_0423 personally. If a corporation, the signature should be that of an authorized officer who should state his or her title.

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PFI-VIC-NI_Trad_100154_0423 Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Shareholders to be held on April 26, 2023. The Proxy Statement for this Meeting is available at https://proxyvotinginfo.com/p/principal2023 YOUR VOTE IS IMPORTANT NO MATTER HOW MANY SHARES YOU OWN. PLEASE CAST YOUR VOTE TODAY! YOUR SIGNATURE IS REQUIRED FOR YOUR VOTE TO BE COUNTED. IF YOU ARE NOT VOTING BY PHONE OR INTERNET, PLEASE SIGN AND DATE THIS CARD ON THE REVERSE SIDE AND RETURN IT PROMPTLY IN THE ENCLOSED ENVELOPE. This proxy is solicited on behalf of the Board of Directors. It will be voted as specified. If no specification is made, this card shall be voted “FOR” the proposals. The Board of Directors has voted in favor of all the proposals and recommends that you vote “FOR” all the proposals. TO VOTE, MARK BOX(ES) BELOW IN BLUE OR BLACK INK AS FOLLOWS: 1. To elect thirteen Directors to the Board of Directors (Shareholders of all Funds). FOR ALL WITHHOLD ALL FOR ALL EXCEPT* (01) Leroy T. Barnes, Jr. (08) Karen McMillan    (02) Craig Damos (09) Elizabeth A. Nickels (03) Katharin S. Dyer (10) Mary M. VanDeWeghe (04) Frances P. Grieb (11) Kamal Bhatia (05) Fritz S. Hirsch (12) Patrick G. Halter (06) Victor L. Hymes (13) Kenneth A. McCullum (07) Padelford L. Lattimer *Instruction: To withhold authority to vote for any individual nominee(s), mark the FOR ALL EXCEPT box and write the nominee(s) number(s) on the line below. FOR AGAINST ABSTAIN 2. To approve the ability of Principal Global Investors, LLC to enter into and/or materially amend agreements with all sub-advisors, regardless of the degree of affiliation, on behalf of the Fund without obtaining shareholder approval (Shareholders of all Funds except, Global Sustainable Listed Infrastructure Fund).   

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PFI-VIC_OV_100154_0423 PO Box 211230, Eagan, MN 55121-9984 VOTE BY MAIL 1. Read the proxy statement. 2. Check the appropriate box(es) on the reverse side of the card. 3. Sign, date and return the card in the envelope provided. VOTE ONLINE 1. Read the proxy statement and have the card at hand. 2. Go to www.proxyvotenow.com/pfi2023 3. Follow the simple instructions. VOTE BY PHONE 1. Read the proxy statement and have the card at hand. 2. Call toll-free 877-718-7240 3. Follow the simple instructions. INSURANCE COMPANY NAME PRINTS HERE PRINCIPAL FUNDS, INC. PROXY FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD APRIL 26, 2023 THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS The undersigned, an owner or participant in an annuity or life insurance contract (the “Contract”) of the Funds listed on the reverse side of this card (the “Funds”), hereby appoints and authorizes the insurance company named above (the “Company”) to vote and act with respect to all shares of the Funds, which are attributable to the undersigned’s participation in the Contract, at the Annual Meeting of Shareholders to be held on April 26, 2023 at 10:00 a.m. Central Time, at 801 Grand Avenue, Des Moines, Iowa 50392, and at any adjournment thereof. The Company will vote the shares represented by this card in accordance with the choices made on this card. If a card is not marked to indicate voting instructions, but is signed, dated, and returned, it will be treated as an instruction to vote the shares in favor of the proposals. If you fail to return this voting instruction card, the Company will vote the shares attributable to the account value in the same proportion as votes cast by contract owners in the same separate account, when applicable. CONTROL NUMBER AUTHORIZED SIGNATURE(S) This section must be completed for your vote to be counted. Signature(s) and Title(s), if applicable Sign in the box above Date Note: Please sign exactly as your name(s) appear(s) on this card. If signing for estates, trusts, or other fiduciaries, your title or capacity should be stated and where more than one name appears, a majority must sign. If shares are held jointly, one or more joint owners should sign

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PFI-VIC_OV_100154_0423 personally. If a corporation, the signature should be that of an authorized officer who should state his or her title.

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PFI-VIC_OV_100154_0423 YOUR SIGNATURE ON THIS CARD IS REQUIRED FOR YOUR VOTE TO BE COUNTED. IF YOU ARE NOT VOTING BY TELEPHONE OR INTERNET, PLEASE BE SURE TO SIGN, DATE, AND RETURN ALL PAGES OF THIS CARD IN THE ENCLOSED ENVELOPE. IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS for the Annual Meeting of Shareholders to be held on April 26, 2023. Please refer to the Proxy Statement for a discussion of each of these matters. The Proxy Statement for this Meeting is available at https://proxyvotinginfo.com/p/principal2023 This card represents all your accounts with the same registration and address. YOUR FUNDS YOUR FUNDS YOUR FUNDS FundName1 FundName2 FundName3 FundName4 FundName5 FundName6 This proxy is solicited on behalf of the Board of Directors. It will be voted as specified. If no specification is made, this card will be voted “FOR” the proposals. If any other matters properly come before the Meeting to be voted on, the Company will vote, act and consent on these matters in accordance with the views of management. The Board of Directors has voted in favor of all the proposals and recommends that you vote “FOR” all the proposals. TO VOTE, MARK BOX(ES) BELOW IN BLUE OR BLACK IN AS FOLLOWS:  1. To elect thirteen Directors to the Board of Directors (Shareholders of all Funds). FOR ALL WITHHOLD ALL FOR ALL EXCEPT* (01) Leroy T. Barnes, Jr. (08) Karen McMillan    (02) Craig Damos (09) Elizabeth A. Nickels (03) Katharin S. Dyer (10) Mary M. VanDeWeghe (04) Frances P. Grieb (11) Kamal Bhatia (05) Fritz S. Hirsch (12) Patrick G. Halter (06) Victor L. Hymes (13) Kenneth A. McCullum (07) Padelford L. Lattimer *Instruction: To withhold authority to vote for any individual nominee(s), mark the FOR ALL EXCEPT box and write the nominee(s) number(s) on the line below. 2. To approve the ability of Principal Global Investors, LLC to enter into and/or materially amend agreements with all sub-advisors, regardless of the degree of affiliation, on behalf of the Fund without obtaining shareholder approval (Shareholders of all Funds, except Global Sustainable Listed Infrastructure Fund). To vote all Funds FOR  To vote all Funds AGAINST  To ABSTAIN votes for all Funds , or vote separately by Fund(s) below. If you own the same fund in multiple accounts, that fund name will appear multiple times. FOR AGAINST ABSTAIN FOR AGAINST ABSTAIN 01 FundName1    02 FundName2    03 FundName3    04 FundName4    05 FundName5    06 FundName6   

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PFI-VIC-NI_OV_100154_0423 PO Box 211230, Eagan, MN 55121-9984 VOTE BY MAIL 1. Read the proxy statement. 2. Check the appropriate box(es) on the reverse side of the card. 3. Sign, date and return the card in the envelope provided. VOTE ONLINE 1. Read the proxy statement and have the card at hand. 2. Go to www.proxyvotenow.com/pfi2023 3. Follow the simple instructions. VOTE BY PHONE 1. Read the proxy statement and have the card at hand. 2. Call toll-free 877-718-7240 3. Follow the simple instructions. PRINCIPAL FUNDS, INC. PROXY FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD APRIL 26, 2023 THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS The undersigned, an owner or participant in an annuity or life insurance contract (the “Contract”) of the Funds listed on the reverse side of this card (the “Funds”), hereby appoints and authorizes the insurance company that issued the Contract (the “Company”) to vote and act with respect to all shares of the Funds, which are attributable to the undersigned’s participation in the Contract, at the Annual Meeting of Shareholders to be held on April 26, 2023 at 10:00 a.m. Central Time, at 801 Grand Avenue, Des Moines, Iowa 50392, and at any adjournment thereof. The Company will vote the shares represented by this card in accordance with the choices made on this card. If a card is not marked to indicate voting instructions, but is signed, dated, and returned, it will be treated as an instruction to vote the shares in favor of the proposals. If you fail to return this voting instruction card, the Company will vote the shares attributable to the account value in the same proportion as votes cast by contract owners in the same separate account, when applicable. CONTROL NUMBER AUTHORIZED SIGNATURE(S) This section must be completed for your vote to be counted. Signature(s) and Title(s), if applicable Sign in the box above Date Note: Please sign exactly as your name(s) appear(s) on this card. If signing for estates, trusts, or other fiduciaries, your title or capacity should be stated and where more than one name appears, a majority must sign. If shares are held jointly, one or more joint owners should sign

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PFI-VIC-NI_OV_100154_0423 personally. If a corporation, the signature should be that of an authorized officer who should state his or her title.

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PFI-VIC-NI_OV_100154_0423 YOUR SIGNATURE ON THIS CARD IS REQUIRED FOR YOUR VOTE TO BE COUNTED. IF YOU ARE NOT VOTING BY TELEPHONE OR INTERNET, PLEASE BE SURE TO SIGN, DATE, AND RETURN ALL PAGES OF THIS CARD IN THE ENCLOSED ENVELOPE. IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS for the Annual Meeting of Shareholders to be held on April 26, 2023. Please refer to the Proxy Statement for a discussion of each of these matters. The Proxy Statement for this Meeting is available at https://proxyvotinginfo.com/p/principal2023 This card represents all your accounts with the same registration and address. YOUR FUNDS YOUR FUNDS YOUR FUNDS FundName1 FundName2 FundName3 FundName4 FundName5 FundName6 This proxy is solicited on behalf of the Board of Directors. It will be voted as specified. If no specification is made, this card will be voted “FOR” the proposals. If any other matters properly come before the Meeting to be voted on, the Company will vote, act and consent on these matters in accordance with the views of management. The Board of Directors has voted in favor of all the proposals and recommends that you vote “FOR” all the proposals. TO VOTE, MARK BOX(ES) BELOW IN BLUE OR BLACK IN AS FOLLOWS:  1. To elect thirteen Directors to the Board of Directors (Shareholders of all Funds). FOR ALL WITHHOLD ALL FOR ALL EXCEPT* (01) Leroy T. Barnes, Jr. (08) Karen McMillan    (02) Craig Damos (09) Elizabeth A. Nickels (03) Katharin S. Dyer (10) Mary M. VanDeWeghe (04) Frances P. Grieb (11) Kamal Bhatia (05) Fritz S. Hirsch (12) Patrick G. Halter (06) Victor L. Hymes (13) Kenneth A. McCullum (07) Padelford L. Lattimer *Instruction: To withhold authority to vote for any individual nominee(s), mark the FOR ALL EXCEPT box and write the nominee(s) number(s) on the line below. 2. To approve the ability of Principal Global Investors, LLC to enter into and/or materially amend agreements with all sub-advisors, regardless of the degree of affiliation, on behalf of the Fund without obtaining shareholder approval (Shareholders of all Funds, except Global Sustainable Listed Infrastructure Fund). To vote all Funds FOR  To vote all Funds AGAINST  To ABSTAIN votes for all Funds , or vote separately by Fund(s) below. If you own the same fund in multiple accounts, that fund name will appear multiple times. FOR AGAINST ABSTAIN FOR AGAINST ABSTAIN 01 FundName1    02 FundName2    03 FundName3    04 FundName4    05 FundName5    06 FundName6   

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PRINCIPAL FUNDS, INC. CALL CENTER OUTBOUND CALLING SCRIPT FOR MSFS and DA PURPOSES ONLY Updated: 2/23/2023 Hello, my name is (CSR FULL NAME). May I please speak with (SHAREHOLDER’S FULL NAME)? (Repeat the greeting if necessary) I am calling on a recorded line regarding your current investment in the <<insert FUND NAME here>>. Materials were sent to you for the upcoming Annual Meeting of Shareholders scheduled to take place on April 26, 2023 and at this time we have not yet received your vote. The Board of Directors is recommending a vote IN FAVOR of the proposals. Would you like to vote along with their recommendation? (Pause for shareholders response) Confirming the vote with the shareholder: I am recording your vote (RECAP VOTING INSTRUCTIONS FOR ALL NOMINEES/PROPOSALS). For confirmation purposes please state your full name. (Pause for shareholder’s response) According to our records, you reside in (city, state, zip code). (Pause for shareholder’s response) To ensure that we have the correct address for the letter confirming your vote, please state your street address. (Pause for shareholder’s response) Thank you. You will receive written confirmation of this vote within 3 to 5 business days. Upon receipt, please review and retain for your records. If you should have any questions, please call the toll-free number listed in the letter. Mr./Mrs./Ms. (SHAREHOLDER’S LAST NAME), your vote is important and your time today is appreciated. Thank you and have a good (MORNING, AFTERNOON, EVENING). If NO, a negative response from the shareholder, or a shareholder has not received the information: The purpose of the Meeting is <<additional text to be inserted by Call Center>> With that being said, your Board of Directors is recommending a vote IN FAVOR of the proposals. Would you like to vote along with their recommendation? (Pause for shareholders response and answer questions they might have) If a shareholders still chooses not to vote: I understand you do not wish to vote at this time. Thank you and have a good day. Shareholder Not Available: We can be reached toll-free at 1-833-290-2605, Monday through Friday between the hours of 10:00AM and 11:00PM Eastern time. Your time today is appreciated. Thank you and have a good day. If YES or a positive response from the shareholder: If we identify any additional accounts you own prior to this meeting, would you like to vote those accounts in the same manner as you have voted with me today? (Pause for shareholders response) (Proceed to confirming the vote with the shareholder)

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PRINCIPAL FUNDS, INC. CALL CENTER VOICEMAIL SCRIPT FOR MSFS and DA PURPOSES ONLY Updated: 2/23/2023 Hello. I am calling on behalf of your current investment in <<insert FUND NAME here>>. The Annual Meeting of Shareholders is scheduled to take place on April 26, 2023. All shareholders are being asked to consider and vote on important matters. As of today your vote has not been registered. Your vote is important. Please contact us as soon as possible, toll-free at 1-833-290-2605, Monday through Friday between the hours of 10:00AM and 11:00PM Eastern time to cast your vote. Thank you and have a good day.

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INBOUND - CLOSED RECORDING Thank you for calling the Principal proxy voting line. Our offices are closed. Please call us back during our normal business hours which are, Monday through Friday, 10:00 a.m. to 11:00 p.m. Eastern time. Thank you and have a nice day. INBOUND - CALL IN QUEUE MESSAGE Thank you for calling the Principal proxy voting line. Our proxy specialists are currently assisting other shareholders. Your call is important to us. Please continue to hold and your call will be answered in the order in which it was received. END OF CAMPAIGN MESSAGE* Thank you for calling the Principal proxy voting line. The Joint Annual Meeting of Shareholders scheduled for April 26, 2023 has concluded. As a result, this toll-free number is no longer in service for proxy related shareholder calls. If you have questions about your investment in Principal Funds, Inc., Principal Variable Contracts Funds, Inc., Principal Exchange-Traded Funds or Principal Diversified Select Real Asset Fund, please contact your Financial Advisor or call Principal directly at 800-222-5852. Thank you. *Please note that the End Of Campaign Message should not be applied until DCP has provided instruction to do so. PRINCIPAL 2023 INBOUND LINE MESSAGING

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Principal Funds, Inc. 711 High Street, Des Moines, IA 50392 515 247 5111 tel

February 24, 2023

Via EDGAR

Division of Investment Management

Securities and Exchange Commission

100 F Street, NE

Washington D.C. 20549

Re:    Principal Funds, Inc.

    PRE 14A

File No. 811-07572

Dear SEC Reviewer,

Principal Funds, Inc. (the "Registrant") is filing, pursuant to Regulation 14A under the Securities Exchange Act of 1934, as amended, with the Securities and Exchange Commission a Preliminary 14A proxy statement (the “Proxy Statement”), together with proposed proxy cards, voter instruction cards, and solicitation communications.

The Proxy Statement is being filed to solicit proxies from shareholders of the Registrant’s series with an August 31 fiscal year end and an October 31 fiscal year end for purposes of voting at a joint annual meeting of shareholders of Principal Diversified Select Real Asset Fund, Principal Exchange-Traded Funds, Principal Variable Contracts Funds, Inc., and Principal Funds, Inc. to be held on April 26, 2023. It is our intent to file the Definitive 14A on March 6, 2023.

If you have questions, please call me at 515-247-5461.

Sincerely,

/s/ Clint L. Woods

Clint L. Woods

Counsel, Vice President and Assistant Secretary, Registrant