PLFSX — LargeCap S&P 500 Index Fund
Data updated: 2026-09-25
PLFSX — LargeCap S&P 500 Index Fund. United States Large Cap Blend / Core Equity · $13.36B AUM. Holdings, fees, performance and SEC filings.
PLFSX Fund Overview
PLFSX — LargeCap S&P 500 Index Fund is a US mutual fund managed by Principal Funds, Inc., categorised as United States Large Cap Blend / Core 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 Funds, Inc.
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $13.36B
- 1-year return: 37.2%
- Ticker: PLFSX
- SEC CIK: 0000898745
- SEC series ID: S000007016
- Share class ID: C000019171
PLFSX Investment Objective and Strategy
LargeCap S&P 500 Index Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Principal 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 equity securities of companies that compose the Standard & Poor's (""S&P"") 500 Index (the ""Index"") at the time of purchase. The Index is designed to represent U.S. equities with risk/return characteristics of the large cap universe, which include growth and value stocks. As of December 31, 2017 , the market capitalization range of the companies comprising the Index was between approximately $2.7 billion and $868.9 billion . Each component stock of the Index is weighted in proportion to its total market value. The Index is balanced quarterly. The Fund employs a passive investment approach designed to attempt to track the performance of the Index. In seeking its objective, the Fund typically employs a replication strategy which involves investing in all the securities that make up the Index, in the same proportions as the Index.
The Fund utilizes derivative strategies and exchange-traded funds (""ETFs""). A derivative is a financial arrangement, the value of which is derived from, or based on, a traditional security, asset, or market index. Specifically, the Fund invests in index futures and equity ETFs on a daily basis to gain exposure to the Index in an effort to minimize tracking error relative to the benchmark. Note: Standard & Poor's 500"" and ""S&P 500 "" are trademarks of S&P Global and have been licensed by Principal. The Fund is not sponsored, endorsed, sold, or promoted by S&P Global and S&P Global makes no representation regarding the advisability of investing in the Fund."
PLFSX Holdings
Top 10 holdings of LargeCap S&P 500 Index Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp | 7.50% |
| Apple Inc | 7.00% |
| Microsoft Corp | 5.33% |
| Amazon.com Inc | 4.10% |
| Alphabet Inc - A Shares | 3.22% |
| Broadcom Inc | 2.84% |
| Alphabet Inc - C Shares | 2.60% |
| Meta Platforms Inc | 1.89% |
| JPMorgan Chase & Co | 1.45% |
| Berkshire Hathaway Inc - Class B | 1.45% |
PLFSX Portfolio Allocation
Asset-class allocation of LargeCap S&P 500 Index Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.6% |
PLFSX Performance
Total returns for PLFSX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 37.2% |
| 3 years (annualised) | 8.5% |
| 5 years (annualised) | 14.6% |
PLFSX Risk Information
Risk metrics for PLFSX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 11.4%
PLFSX Costs and Fees
PLFSX costs about $48 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.48%
- Gross expense ratio: 0.48%
- Portfolio turnover: 4%
- Brokerage commissions: 0.19 bps of average net assets (SEC N-CEN)
PLFSX Cashflows
Over the 12 months to 2026-04, LargeCap S&P 500 Index Fund had net inflows of $2.25B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$341.34M |
| 2026-03 | $279.34M |
| 2026-02 | −$151.77M |
| 2026-01 | −$332.42M |
| 2025-12 | $1.67B |
| 2025-11 | $770.35M |
PLFSX Debt Constituents
No individual debt constituents are reported in LargeCap S&P 500 Index Fund's latest SEC N-PORT filing.
PLFSX Prospectus and SEC Filings
Official LargeCap S&P 500 Index Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-27
- Prospectus (485BPOS) — filed 2025-02-26
- Prospectus (485BPOS) — filed 2024-02-27
- Portfolio holdings (N-PORT) — filed 2026-09-25
- Portfolio holdings (N-PORT) — filed 2026-06-25
- Portfolio holdings (N-PORT) — filed 2026-03-25
- Annual census (N-CEN) — filed 2026-01-14
- Annual census (N-CEN) — filed 2025-01-13
Related Funds
Other United States Large Cap Blend / Core 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.