EX-99.(L)(57) 4 ex99l57-initialcapitalagmt.htm PFI INITIAL CAP AGMT GOVT MMF 122017 Exhibit


Principal Global Investors, LLC
801 Grand Avenue, Des Moines, IA 50309
800-553-1390 tel
www.principalglobal.com
principallogoregisteredcolor.jpg
December 20, 2017
Mr. Michael Beer, President
Principal Funds, Inc.
Principal Financial Group
Des Moines, IA 50392-2080
Dear Mr. Beer:
Principal Global Investors, LLC intends to purchase the following shares (the “Shares”):
Principal Funds, Inc. -
Purchase
Amount
Shares
Purchased
Government Money Market Fund - Institutional Class
$1
1
Each share of the Government Money Market Fund has a par value of $0.01 and a price of $1.00 per share. In connection with such purchase, Principal Global Investors, LLC represents and warrants that it will purchase such Shares as an investment and not with a view to resell, distribute or redeem.
PRINCIPAL GLOBAL INVESTORS, LLC
 
BY
/s/ Adam U. Shaikh
 
 
Adam U. Shaikh
 
 
Counsel