Equity Income Account
Data updated: 2026-08-25
C000038529 — Equity Income Account. United States Large Cap Value Equity · $740.69M AUM · 0.73% expense ratio. Holdings, fees, performance and SEC filings.
C000038529 Fund Overview
Equity Income Account is a US mutual fund managed by Principal Variable Contracts Funds Inc, categorised as United States Large Cap Value 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 Value Equity
- Assets under management: $740.69M
- 1-year return: 19.9%
- SEC CIK: 0000012601
- SEC series ID: S000014083
- Share class ID: C000038529
C000038529 Investment Objective and Strategy
Equity Income 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 to provide current income and long-term growth of income and capital.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities. The Fund defines dividend-paying equity securities as securities that produced dividend income within the last rolling 12 months. The Fund usually invests in equity securities of companies with large and medium market capitalizations. The Fund invests in value equity securities, an investment strategy that emphasizes buying equity securities that appear to be undervalued. The Fund also invests in securities of foreign issuers.
C000038529 Holdings
Top 10 holdings of Equity Income Account by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Apple Inc | 4.43% |
| Taiwan Semiconductor Manufacturing Co Ltd | 3.94% |
| JPMorgan Chase & Co | 3.02% |
| Morgan Stanley | 2.91% |
| Microsoft Corp | 2.85% |
| Costco Wholesale Corp | 2.83% |
| Chubb Ltd | 2.81% |
| DR Horton Inc | 2.80% |
| Coca-Cola Co/The | 2.70% |
| PNC Financial Services Group Inc/The | 2.67% |
C000038529 Portfolio Allocation
Asset-class allocation of Equity Income Account by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.7% |
| Cash & Equivalents | 2.2% |
C000038529 Performance
Total returns for C000038529 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 9.8% |
| 1 year | 19.9% |
| 3 years (annualised) | 15.9% |
| 5 years (annualised) | 9.2% |
C000038529 Risk Information
Risk metrics for C000038529, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.5%
C000038529 Costs and Fees
C000038529 costs about $73 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.73%
- Gross expense ratio: 0.73%
- Portfolio turnover: 13%
- Brokerage commissions: 1.44 bps of average net assets (SEC N-CEN)
C000038529 Cashflows
Over the 12 months to 2026-06, Equity Income Account had net outflows of $17.18M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$4.90M |
| 2026-05 | −$5.76M |
| 2026-04 | −$10.67M |
| 2026-03 | $1.51M |
| 2026-02 | −$2.85M |
| 2026-01 | $15.58M |
C000038529 Debt Constituents
No individual debt constituents are reported in Equity Income Account's latest SEC N-PORT filing.
C000038529 Prospectus and SEC Filings
Official Equity Income 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 United States Large Cap Value 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.