C000038532 Fees and Costs — Principal Capital Appreciation Account, Class 1
Data updated: 2026-08-25
The net expense ratio is 0.63%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $76K in broker commissions, 0.0326% of average net assets, and portfolio turnover was 58%.
C000038532 Fees and Expenses
Annual operating expenses and sales charges of C000038532. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.63% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.63% |
| Fee waiver | — |
| Net expense ratio | 0.63% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000038532 Costs Over Time
On $10,000 invested in C000038532, assuming 5% a year before costs, total costs come to $417 over 5 years, cutting the return by 0.70% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.63%) | $66 | $207 | $360 |
| Trading costs (broker commissions) | $3 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $70 | $229 | $417 |
| Value after costs | $10,430 | $11,348 | $12,346 |
| Impact on return, per year | 0.70% | 0.70% | 0.70% |
C000038532 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0326%
- Total broker commissions: $76K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 58%
- Securities lending: none during the year
C000038532 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU FINANCIAL LLC | $7K | 19.40% |
| J.P. MORGAN SECURITIES LLC | $5K | 13.36% |
| BARCLAYS CAPITAL INC. | $4K | 10.40% |
| SANFORD C. BERNSTEIN & CO. | $3K | 9.08% |
| JEFFERIES & COMPANY | $3K | 8.91% |
| GOLDMAN SACHS CO. | $3K | 8.74% |
| LIQUIDNET | $3K | 8.29% |
| UBS SECURITIES LLC | $3K | 7.96% |
| BANK OF AMERICA | $3K | 7.49% |
| ROTH CAPITAL PARTNERS | $2K | 6.36% |
Principal Capital Appreciation Account Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000038532 | Class 1 | 0.63% | — |
| C000038533 | Class 2 | 0.88% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.