Morningstar

Principal Global Macro Fund R-6 PAFIX

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Strategy

The investment seeks to achieve long-term capital appreciation while managing portfolio volatility. Under normal market conditions, the fund will have investment exposure to at least three countries (excluding the United States) and combined exposure to foreign securities, foreign currencies, and other foreign investments equal to at least 40% of the fund’s net assets. This foreign exposure includes sovereign debt and emerging market assets.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PAFIX	Principal Global Macro Fund R-6	Retirement, Large	Open	—	—	Nov 14, 2025	$178.90M	0.790%	Low	$0	—

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