PPUNX — LargeCap Growth Fund I
Data updated: 2026-09-25
PPUNX — LargeCap Growth Fund I. United States Large Cap Growth Information Technology Equity · $5.70B AUM. Holdings, fees, performance and SEC filings.
PPUNX Fund Overview
PPUNX — LargeCap Growth Fund I is a US mutual fund managed by Principal 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 Funds, Inc.
- Category: United States Large Cap Growth Information Technology Equity
- Assets under management: $5.70B
- 1-year return: 37.1%
- Ticker: PPUNX
- SEC CIK: 0000898745
- SEC series ID: S000007077
- Share class ID: C000019327
PPUNX Investment Objective and Strategy
LargeCap Growth Fund I 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
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 Top 200 Growth Index.
PPUNX Holdings
Top 10 holdings of LargeCap Growth Fund I by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp | 12.82% |
| Alphabet Inc - A Shares | 7.25% |
| Apple Inc | 7.09% |
| Microsoft Corp | 6.13% |
| Broadcom Inc | 4.82% |
| Alphabet Inc - C Shares | 3.16% |
| Meta Platforms Inc | 3.10% |
| Eli Lilly & Co | 2.61% |
| Principal Funds, Inc - Government Money Market Fund - Class R-6 | 2.53% |
| Howmet Aerospace Inc | 2.07% |
PPUNX Portfolio Allocation
Asset-class allocation of LargeCap Growth Fund I by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.5% |
| Cash & Equivalents | 2.6% |
PPUNX Performance
Total returns for PPUNX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 37.1% |
PPUNX Risk Information
Risk metrics for PPUNX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 16.0%
PPUNX Costs and Fees
PPUNX costs about $134 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.34%
- Gross expense ratio: 1.36%
- Portfolio turnover: 35%
- Brokerage commissions: 1.50 bps of average net assets (SEC N-CEN)
PPUNX Cashflows
Over the 12 months to 2026-04, LargeCap Growth Fund I had net outflows of $2.69B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$232.23M |
| 2026-03 | −$186.01M |
| 2026-02 | −$156.17M |
| 2026-01 | −$501.82M |
| 2025-12 | $425.49M |
| 2025-11 | −$257.06M |
PPUNX Debt Constituents
No individual debt constituents are reported in LargeCap Growth Fund I's latest SEC N-PORT filing.
PPUNX Prospectus and SEC Filings
Official LargeCap Growth Fund I 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 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.