LargeCap Growth Account I
Data updated: 2026-08-25
C000020930 — LargeCap Growth Account I. United States Large Cap Growth Information Technology Equity. Holdings, fees, performance and SEC filings.
C000020930 Fund Overview
LargeCap Growth Account I is a US mutual fund managed by Principal Variable Contracts Funds Inc, categorised as United States Large Cap Growth Information Technology 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: United States Large Cap Growth Information Technology Equity
- Assets under management: $592.87M
- 1-year return: 6.5%
- SEC CIK: 0000012601
- SEC series ID: S000007682
- Share class ID: C000020930
C000020930 Investment Objective and Strategy
LargeCap Growth Account I 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
Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in growth equity securities of companies with large market capitalizations. For this Fund, large market capitalization growth equity securities are securities (i) with market capitalizations within the range of companies comprising the Russell 1000 Index (as of March 31, 2026, this was between approximately $907.9 million and $4.3 trillion), and (ii) that are included within at least one of the following growth indices: the MSCI All Country World IMI Growth Index, the S&P 1500 Growth Index, or the Russell 3000 Growth Index. The Fund also invests in equity securities of companies with medium market capitalizations. The Fund is primarily actively managed by the sub-advisors.
In addition, Principal Global Investors, LLC may invest up to 30% of the Funds assets using an index sampling strategy designed to match the performance of the Russell 1000 Growth Index. The Fund is considered non-diversified, which means it can invest a higher percentage of assets in securities of individual issuers than a diversified fund. As a result, changes in the value of a single investment could cause greater fluctuations in the Funds share price than would occur in a more diversified fund.
C000020930 Holdings
Top 10 holdings of LargeCap Growth Account I by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp | 11.66% |
| Apple Inc | 7.11% |
| Alphabet Inc - A Shares | 6.59% |
| Microsoft Corp | 5.17% |
| Broadcom Inc | 4.55% |
| Principal Funds, Inc - Government Money Market Fund - Class R-6 | 3.87% |
| Alphabet Inc - C Shares | 2.97% |
| Meta Platforms Inc | 2.81% |
| Eli Lilly & Co | 2.66% |
| Amazon.com Inc | 2.26% |
C000020930 Portfolio Allocation
Asset-class allocation of LargeCap Growth Account I by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 96.2% |
| Cash & Equivalents | 3.9% |
C000020930 Performance
Total returns for C000020930 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.6% |
| 1 year | 6.5% |
| 3 years (annualised) | 16.4% |
| 5 years (annualised) | 7.1% |
C000020930 Risk Information
Risk metrics for C000020930, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 17.0%
C000020930 Costs and Fees
C000020930 costs about $67 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.67%
- Gross expense ratio: 0.69%
- Portfolio turnover: 51%
- Brokerage commissions: 1.51 bps of average net assets (SEC N-CEN)
C000020930 Cashflows
Over the 12 months to 2026-06, LargeCap Growth Account I had net inflows of $30.15M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$3.54M |
| 2026-05 | −$4.48M |
| 2026-04 | −$8.89M |
| 2026-03 | −$5.70M |
| 2026-02 | −$6.31M |
| 2026-01 | −$9.15M |
C000020930 Debt Constituents
No individual debt constituents are reported in LargeCap Growth Account I's latest SEC N-PORT filing.
C000020930 Prospectus and SEC Filings
Official LargeCap Growth Account I 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 United States Large Cap Growth Information Technology 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.