Diversified International Account
Data updated: 2026-08-25
C000020929 — Diversified International Account. Developed ex-US Large Cap Blend / Core Financials Equity. Holdings, fees, performance and SEC filings.
C000020929 Fund Overview
Diversified International Account is a US mutual fund managed by Principal Variable Contracts Funds Inc, categorised as Developed ex-US Large Cap Blend / Core Financials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Principal Variable Contracts Funds Inc
- Category: Developed ex-US Large Cap Blend / Core Financials Equity
- Assets under management: $265.66M
- 1-year return: 18.7%
- SEC CIK: 0000012601
- SEC series ID: S000007681
- Share class ID: C000020929
C000020929 Investment Objective and Strategy
Diversified International Account describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Principal Variable Contracts Funds Inc.
Investment objective
The Fund seeks long-term growth of capital.
Principal investment strategy
The Fund invests primarily in foreign equity securities. The Fund has no limitation on the percentage of assets that are invested in any one country or denominated in any one currency, but the Fund typically invests in foreign securities of at least 20 countries. Primary consideration is given to securities of issuers of developed areas (for example, Japan, Western Europe, Canada, Australia, Hong Kong, and Singapore); however, the Fund also invests in emerging market securities. The Fund invests in equity securities regardless of market capitalization size (small, medium, or large) and style (growth or value).
C000020929 Holdings
Top 10 holdings of Diversified International Account by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 6.75% |
| Samsung Electronics Co Ltd | 5.81% |
| ASML Holding NV | 4.49% |
| Teck Resources Ltd | 2.64% |
| Tencent Holdings Ltd | 2.37% |
| AstraZeneca PLC | 2.14% |
| Suncor Energy Inc | 1.99% |
| UniCredit SpA | 1.91% |
| Spotify Technology SA | 1.82% |
| British American Tobacco PLC | 1.82% |
C000020929 Portfolio Allocation
Asset-class allocation of Diversified International Account by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.8% |
| Cash & Equivalents | 1.3% |
C000020929 Performance
Total returns for C000020929 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 7.0% |
| 1 year | 18.7% |
| 3 years (annualised) | 15.8% |
| 5 years (annualised) | 7.2% |
C000020929 Risk Information
Risk metrics for C000020929, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 11.6%
C000020929 Costs and Fees
C000020929 costs about $86 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.86%
- Gross expense ratio: 0.86%
- Portfolio turnover: 34%
- Brokerage commissions: 6.77 bps of average net assets (SEC N-CEN)
C000020929 Cashflows
Over the 12 months to 2026-06, Diversified International Account had net outflows of $40.27M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$825.94K |
| 2026-05 | −$692.04K |
| 2026-04 | −$1.14M |
| 2026-03 | −$1.99M |
| 2026-02 | −$1.63M |
| 2026-01 | −$2.13M |
C000020929 Debt Constituents
No individual debt constituents are reported in Diversified International Account's latest SEC N-PORT filing.
C000020929 Prospectus and SEC Filings
Official Diversified International Account filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-27
- Prospectus (485BPOS) — filed 2025-04-25
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-25
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-23
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other Developed ex-US Large Cap Blend / Core Financials Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.