<?xml version="1.0" encoding="UTF-8"?>
<edgarSubmission xmlns="http://www.sec.gov/edgar/ncen" xmlns:com="http://www.sec.gov/edgar/common">
  <schemaVersion>X0201</schemaVersion>
  <headerData>
    <submissionType>N-CEN</submissionType>
    <filerInfo>
      <liveTestFlag>LIVE</liveTestFlag>
      <filer>
        <issuerCredentials>
          <cik>0000012601</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
        <fileNumber>811-01944</fileNumber>
      </filer>
      <flags>
        <returnCopyFlag>true</returnCopyFlag>
        <overrideInternetFlag>true</overrideInternetFlag>
        <confirmingCopyFlag>false</confirmingCopyFlag>
      </flags>
      <investmentCompanyType>N-1A</investmentCompanyType>
    </filerInfo>
    <seriesClass>
      <reportSeriesClass>
        <rptSeriesClassInfo>
          <seriesId>S000007681</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000014092</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000007669</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000007673</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000007677</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000007656</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000056529</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000014090</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000042786</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000027170</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000014083</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000056528</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000040678</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000007668</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000007662</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000007682</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000007675</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000014093</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000036926</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000014089</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000007660</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000007667</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000014088</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000036925</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000042785</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000027171</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000014091</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000042784</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000014084</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000007672</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000007670</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000014085</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000007671</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
      </reportSeriesClass>
    </seriesClass>
  </headerData>
  <formData>
    <generalInfo reportEndingPeriod="2019-12-31" isReportPeriodLt12="N"/>
    <registrantInfo>
      <registrantFullName>Principal Variable Contracts Funds Inc</registrantFullName>
      <investmentCompFileNo>811-01944</investmentCompFileNo>
      <registrantCik>0000012601</registrantCik>
      <registrantLei>ICS43THKTGQL3EQ10426</registrantLei>
      <registrantstreet1>801 Grand Ave</registrantstreet1>
      <registrantcity>Des Moines</registrantcity>
      <registrantzipCode>50309</registrantzipCode>
      <registrantstate>US-IA</registrantstate>
      <registrantcountry>US</registrantcountry>
      <registrantphoneNumber>515-248-0156</registrantphoneNumber>
      <websites>
        <website webpage="www.principalfunds.com/prospectuses-pvc"/>
      </websites>
      <locationBooksRecords>
        <locationBooksRecord>
          <officeName>Principal Global Investors, LLC</officeName>
          <officeAddress1>801 Grand Avenue</officeAddress1>
          <officeCity>Des Moines</officeCity>
          <officeStateCountry officeCountry="US" officeState="US-IA"/>
          <officeRecordsZipCode>50309</officeRecordsZipCode>
          <officePhone>515-248-0156</officePhone>
          <booksRecordsDesc>Governance, compliance, accounting, administrative and investment oversight records</booksRecordsDesc>
        </locationBooksRecord>
      </locationBooksRecords>
      <isRegistrantFirstFiling>N</isRegistrantFirstFiling>
      <isRegistrantLastFiling>N</isRegistrantLastFiling>
      <registrantFamilyInvComp isRegistrantFamilyInvComp="Y" familyInvCompFullName="Principal Variable Contracts, Funds, Inc."/>
      <registrantClassificationType>N-1A</registrantClassificationType>
      <totalSeries>33</totalSeries>
      <terminatedSeries>
        <terminatedSeriesInfo seriesName="LargeCap Growth Account" seriesId="S000007685" terminationDate="06/2019"/>
        <terminatedSeriesInfo seriesName="Income Account" seriesId="S000014086" terminationDate="06/2019"/>
        <terminatedSeriesInfo seriesName="Multi-Asset Income Account" seriesId="S000050243" terminationDate="06/2019"/>
      </terminatedSeries>
      <isSecuritiesActRegistration>Y</isSecuritiesActRegistration>
      <directors>
        <director>
          <directorName>Timothy M. Dunbar</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>Y</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-23029"/>
            <fileNumberInfo fileNumber="811-23403"/>
            <fileNumberInfo fileNumber="811-01944"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Mark A. Grimmett</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-23403"/>
            <fileNumberInfo fileNumber="811-23029"/>
            <fileNumberInfo fileNumber="811-01944"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Fritz Hirsch</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-01944"/>
            <fileNumberInfo fileNumber="811-23403"/>
            <fileNumberInfo fileNumber="811-23029"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Tao Huang</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-01944"/>
            <fileNumberInfo fileNumber="811-23029"/>
            <fileNumberInfo fileNumber="811-23403"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Mary M. VanDeWeghe</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-23403"/>
            <fileNumberInfo fileNumber="811-01944"/>
            <fileNumberInfo fileNumber="811-23029"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Patrick G. Halter</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>Y</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-23029"/>
            <fileNumberInfo fileNumber="811-23403"/>
            <fileNumberInfo fileNumber="811-01944"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Elizabeth Ballatine</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-23029"/>
            <fileNumberInfo fileNumber="811-23403"/>
            <fileNumberInfo fileNumber="811-01944"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Elizabeth A. Nickels</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-23029"/>
            <fileNumberInfo fileNumber="811-01944"/>
            <fileNumberInfo fileNumber="811-23403"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Leroy T. Barnes, Jr</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-01944"/>
            <fileNumberInfo fileNumber="811-23403"/>
            <fileNumberInfo fileNumber="811-23029"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Karen McMillan</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-23403"/>
            <fileNumberInfo fileNumber="811-23029"/>
            <fileNumberInfo fileNumber="811-01944"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Craig Damos</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-23403"/>
            <fileNumberInfo fileNumber="811-23029"/>
            <fileNumberInfo fileNumber="811-01944"/>
          </fileNumbers>
        </director>
      </directors>
      <chiefComplianceOfficers>
        <chiefComplianceOfficer>
          <ccoName>Teri R. Root</ccoName>
          <crdNumber>004458076</crdNumber>
          <ccoStreet1>801 Grand Avenue</ccoStreet1>
          <ccoCity>Des Moines</ccoCity>
          <ccoStateCountry ccoCountry="US" ccoState="US-IA"/>
          <ccoZipCode>50309</ccoZipCode>
          <ccoPhone>XXXXXX</ccoPhone>
          <isCcoChangedSinceLastFiling>N</isCcoChangedSinceLastFiling>
          <ccoEmployers>
            <ccoEmployer ccoEmployerName="N/A" ccoEmployerId="N/A"/>
          </ccoEmployers>
        </chiefComplianceOfficer>
      </chiefComplianceOfficers>
      <securityMatterSeriesInfo isRegistrantSubmittedMatter="Y">
        <seriesInfo seriesName="Principal Capital Appreciation Account" seriesId="S000014085"/>
        <seriesInfo seriesName="SAM Strategic Growth Portfolio" seriesId="S000014084"/>
        <seriesInfo seriesName="Principal LifeTime 2010 Account" seriesId="S000007667"/>
        <seriesInfo seriesName="Equity Income Account" seriesId="S000014083"/>
        <seriesInfo seriesName="LargeCap S&amp;P 500 Managed Volatility Index Account" seriesId="S000042784"/>
        <seriesInfo seriesName="SAM Conservative Growth Portfolio" seriesId="S000014092"/>
        <seriesInfo seriesName="Principal LifeTime Strategic Income Account" seriesId="S000007672"/>
        <seriesInfo seriesName="SAM Conservative Balanced Portfolio" seriesId="S000014091"/>
        <seriesInfo seriesName="International Emerging Markets Account" seriesId="S000007656"/>
        <seriesInfo seriesName="LargeCap S&amp;P 500 Index Account" seriesId="S000007660"/>
        <seriesInfo seriesName="Real Estate Securities Account" seriesId="S000007673"/>
        <seriesInfo seriesName="Principal LifeTime 2060 Account" seriesId="S000040678"/>
        <seriesInfo seriesName="SAM Flexible Income Portfolio" seriesId="S000014093"/>
        <seriesInfo seriesName="Diversified International Account" seriesId="S000007681"/>
        <seriesInfo seriesName="Core Plus Bond Account" seriesId="S000007677"/>
        <seriesInfo seriesName="Diversified Balanced Volatility Control Account" seriesId="S000056528"/>
        <seriesInfo seriesName="Diversified Growth Volatility Control Account" seriesId="S000056529"/>
        <seriesInfo seriesName="Principal LifeTime 2050 Account" seriesId="S000007671"/>
        <seriesInfo seriesName="Government &amp; High Quality Bond Account" seriesId="S000014088"/>
        <seriesInfo seriesName="Diversified Growth Account" seriesId="S000027171"/>
        <seriesInfo seriesName="Principal LifeTime 2020 Account" seriesId="S000007668"/>
        <seriesInfo seriesName="SmallCap Account" seriesId="S000007675"/>
        <seriesInfo seriesName="Diversified Growth Managed Volatility Account" seriesId="S000042786"/>
        <seriesInfo seriesName="Diversified Balanced Managed Volatility Account" seriesId="S000042785"/>
        <seriesInfo seriesName="Diversified Balanced Account" seriesId="S000027170"/>
        <seriesInfo seriesName="Short-Term Income Account" seriesId="S000014089"/>
        <seriesInfo seriesName="LargeCap Growth Account I" seriesId="S000007682"/>
        <seriesInfo seriesName="Diversified Income Account" seriesId="S000036926"/>
        <seriesInfo seriesName="Principal LifeTime 2040 Account" seriesId="S000007670"/>
        <seriesInfo seriesName="SAM Balanced Portfolio" seriesId="S000014090"/>
        <seriesInfo seriesName="Principal LifeTime 2030 Account" seriesId="S000007669"/>
        <seriesInfo seriesName="MidCap Account" seriesId="S000007662"/>
        <seriesInfo seriesName="Bond Market Index Account" seriesId="S000036925"/>
      </securityMatterSeriesInfo>
      <isPreviousLegalProceeding>N</isPreviousLegalProceeding>
      <isPreviousProceedingTerminated>N</isPreviousProceedingTerminated>
      <isClaimFiled>N</isClaimFiled>
      <coveredByInsurancePolicy isCoveredByInsurancePolicy="Y" isClaimFiledDuringPeriod="N"/>
      <isFinancialSupportDuringPeriod>N</isFinancialSupportDuringPeriod>
      <releaseNumbers isExemptionFromAct="Y">
        <releaseNumberInfo releaseNumber="IC-27887"/>
        <releaseNumberInfo releaseNumber="IC-29172"/>
        <releaseNumberInfo releaseNumber="IC-29843"/>
      </releaseNumbers>
      <principalUnderwriters>
        <principalUnderwriter>
          <principalUnderwriterName>Principal Funds Distributor, Inc.</principalUnderwriterName>
          <principalUnderwriterFileNumber>8-50200</principalUnderwriterFileNumber>
          <principalUnderwriterCrdNumber>000043261</principalUnderwriterCrdNumber>
          <principalUnderwriterLei>N/A</principalUnderwriterLei>
          <principalUnderWriterStateCountry principalUnderWriterCountry="US" principalUnderWriterState="US-CA"/>
          <isPrincipalUnderwriterAffiliatedWithRegistrant>Y</isPrincipalUnderwriterAffiliatedWithRegistrant>
        </principalUnderwriter>
      </principalUnderwriters>
      <isUnderwriterHiredOrTerminated>N</isUnderwriterHiredOrTerminated>
      <publicAccountants>
        <publicAccountant>
          <publicAccountantName>Ernst &amp; Young LLP</publicAccountantName>
          <pcaobNumber>42</pcaobNumber>
          <publicAccountantLei>N/A</publicAccountantLei>
          <publicAccountantStateCountry publicAccountantCountry="US" publicAccountantState="US-MN"/>
        </publicAccountant>
      </publicAccountants>
      <isPublicAccountantChanged>N</isPublicAccountantChanged>
      <isMaterialWeakness>N</isMaterialWeakness>
      <isOpinionOffered>N</isOpinionOffered>
      <isMaterialChange>N</isMaterialChange>
      <isAccountingPrincipleChange>N</isAccountingPrincipleChange>
      <isPaymentErrorInNetAssetValue>N</isPaymentErrorInNetAssetValue>
      <isPaymentDividend>N</isPaymentDividend>
    </registrantInfo>
    <managementInvestmentQuestionSeriesInfo>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Diversified Balanced Managed Volatility Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000042785</mgmtInvSeriesId>
        <mgmtInvLei>549300QK8X5U9D0IN652</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 2" sharesOutstandingClassId="C000132328" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Fund of Funds</fundType>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <aggregateCommission>0</aggregateCommission>
        <principalAggregatePurchase>78253654.07</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>171779206.081538</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>LargeCap S&amp;P 500 Index Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000007660</mgmtInvSeriesId>
        <mgmtInvLei>5493001TIKXMV32BPL19</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>2</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 2" sharesOutstandingClassId="C000155998" sharesOutstandingTickerSymbol="N/A"/>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000020908" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
          <indexFundInfo fundType="Index Fund">
            <isIndexFundAffiliated>N</isIndexFundAffiliated>
            <isIndexFundExclusive>N</isIndexFundExclusive>
            <indexFundReturnDiffBeforeExpense>-0.06</indexFundReturnDiffBeforeExpense>
            <indexFundReturnDiffAfterExpense>-0.38</indexFundReturnDiffAfterExpense>
            <indexFundReturnDailyStdevBeforeExpense>0.1</indexFundReturnDailyStdevBeforeExpense>
            <indexFundReturnDailyStdevAfterExpense>0.1</indexFundReturnDailyStdevAfterExpense>
          </indexFundInfo>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Bank of New York Mellon</securitiesAgentName>
            <securitiesAgentLei>HPFHU0OQ28E4N0NFVK49</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="Bank of New York Mellon" idemnityProviderLei="HPFHU0OQ28E4N0NFVK49"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="BlackRock Advisors, LLC" collateralManagerLei="5493001LN9MRM6A35J74" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
          <collateralManager collateralManagerName="Principal Global Investors, LLC" collateralManagerLei="549300BABIOZPCNHMB89" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>756040.30900000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>8160.80000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokers>
          <broker>
            <brokerName>M3 CAPITAL PARTNERS</brokerName>
            <brokerFileNo>8-47198</brokerFileNo>
            <brokerCrdNo>000036368</brokerCrdNo>
            <brokerLei>549300670K07JRB5UQ40</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>12785.81</grossCommission>
          </broker>
          <broker>
            <brokerName>J.P. MORGAN SECURITIES LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>8I5DZWZKVSZI1NUHU748</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>5776.76</grossCommission>
          </broker>
          <broker>
            <brokerName>BARCLAYS CAPITAL INC.</brokerName>
            <brokerFileNo>8-41342</brokerFileNo>
            <brokerCrdNo>000019714</brokerCrdNo>
            <brokerLei>G5GSEF7VJP5I7OUK5573</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>38116.27</grossCommission>
          </broker>
          <broker>
            <brokerName>MERRILL LYNCH PIERCE FENNER &amp; SMITH</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>DWW559HN8WVTCCS4VJ94</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>11032.96</grossCommission>
          </broker>
          <broker>
            <brokerName>DEUTSCHE BANK SECURITIES CORP.</brokerName>
            <brokerFileNo>8-17822</brokerFileNo>
            <brokerCrdNo>000002525</brokerCrdNo>
            <brokerLei>9J6MBOOO7BECTDTUZW19</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>4522.88</grossCommission>
          </broker>
          <broker>
            <brokerName>NOMURA SECURITIES INT'L INC.</brokerName>
            <brokerFileNo>8-15255</brokerFileNo>
            <brokerCrdNo>000004297</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>131.94</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS SECURITIES LLC</brokerName>
            <brokerFileNo>8-16267</brokerFileNo>
            <brokerCrdNo>000008174</brokerCrdNo>
            <brokerLei>T6FIZBDPKLYJKFCRVK44</brokerLei>
            <brokerStateCountry brokerState="US-NJ" brokerCountry="US"/>
            <grossCommission>11762.93</grossCommission>
          </broker>
          <broker>
            <brokerName>JEFFERIES &amp; COMPANY</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>428.48</grossCommission>
          </broker>
          <broker>
            <brokerName>GOLDMAN SACHS CO.</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>232.2</grossCommission>
          </broker>
          <broker>
            <brokerName>COWEN GROUP INC.</brokerName>
            <brokerFileNo>8-22522</brokerFileNo>
            <brokerCrdNo>000007616</brokerCrdNo>
            <brokerLei>549300WR155U7DVMIW58</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>4574.07</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>89432.59999999</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>COMPUTERSHARE TRUST CO. (TRANSFER AGENT)</principalName>
            <principalFileNo>8-53022</principalFileNo>
            <principalCrdNo>000107023</principalCrdNo>
            <principalLei>2549001YYB62BVMSAO13</principalLei>
            <principalStateCountry principalState="US-IL" principalCountry="US"/>
            <principalTotalPurchaseSale>3469020</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>M3 CAPITAL PARTNERS</principalName>
            <principalFileNo>8-47198</principalFileNo>
            <principalCrdNo>000036368</principalCrdNo>
            <principalLei>549300670K07JRB5UQ40</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>17684785.29</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MORGAN STANLEY &amp; CO. LLC.</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>56721640.3900001</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>8I5DZWZKVSZI1NUHU748</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>15902139.54</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>GOLDMAN SACHS CO.</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>26818924.84</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>WELLS FARGO SECURITIES LLC</principalName>
            <principalFileNo>8-65876</principalFileNo>
            <principalCrdNo>000126292</principalCrdNo>
            <principalLei>VYVVCKR63DVZZN70PB21</principalLei>
            <principalStateCountry principalState="US-NC" principalCountry="US"/>
            <principalTotalPurchaseSale>1171891.52</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MERRILL LYNCH PIERCE FENNER &amp; SMITH</principalName>
            <principalFileNo>8-7221</principalFileNo>
            <principalCrdNo>000007691</principalCrdNo>
            <principalLei>DWW559HN8WVTCCS4VJ94</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>32619811.44</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>154413976.9</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>2562880774.59</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <interfundLendingDetails isInterfundLending="Y">
          <interfundLending interfundLendingLoanAverage="45035000" interfundLendingDaysOutstanding="1"/>
          <interfundLending interfundLendingLoanAverage="12675000" interfundLendingDaysOutstanding="1"/>
          <interfundLending interfundLendingLoanAverage="17220000" interfundLendingDaysOutstanding="1"/>
          <interfundLending interfundLendingLoanAverage="10560000" interfundLendingDaysOutstanding="1"/>
          <interfundLending interfundLendingLoanAverage="45805000" interfundLendingDaysOutstanding="1"/>
        </interfundLendingDetails>
        <interfundBorrowingDetails isInterfundBorrowing="Y">
          <interfundBorrowing interfundBorrowingLoanAverage="26775000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="2400000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="7135000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="6450000" interfundBorrowingDaysOutstanding="1"/>
        </interfundBorrowingDetails>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Principal LifeTime 2030 Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000007669</mgmtInvSeriesId>
        <mgmtInvLei>549300WAHLDO9L77N510</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>1</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000020917" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Fund of Funds</fundType>
          <fundType>Target Date Fund</fundType>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <aggregateCommission>0</aggregateCommission>
        <principalAggregatePurchase>132991090.79</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>164865480.4</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Diversified Balanced Volatility Control Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000056528</mgmtInvSeriesId>
        <mgmtInvLei>549300U526DTMSOB8D57</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 2" sharesOutstandingClassId="C000178859" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Fund of Funds</fundType>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokers>
          <broker>
            <brokerName>KNIGHT CAPITAL GROUP INC.</brokerName>
            <brokerFileNo>8-68193</brokerFileNo>
            <brokerCrdNo>000149823</brokerCrdNo>
            <brokerLei>549300RA02N3BNSWBV74</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>1698.28</grossCommission>
          </broker>
          <broker>
            <brokerName>CITIGROUP GLOBAL MARKETS</brokerName>
            <brokerFileNo>8-8177</brokerFileNo>
            <brokerCrdNo>000007059</brokerCrdNo>
            <brokerLei>MBNUM2BPBDO7JBLYG310</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>47.23</grossCommission>
          </broker>
          <broker>
            <brokerName>JANE STREET CAPITAL</brokerName>
            <brokerFileNo>8-52275</brokerFileNo>
            <brokerCrdNo>000103782</brokerCrdNo>
            <brokerLei>549300ZM16HMPEPNV857</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>6076.43</grossCommission>
          </broker>
          <broker>
            <brokerName>J.P. MORGAN SECURITIES LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>8I5DZWZKVSZI1NUHU748</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>148.88</grossCommission>
          </broker>
          <broker>
            <brokerName>SUSQUEHANNA FINANCIAL GROUP INC.</brokerName>
            <brokerFileNo>8-44325</brokerFileNo>
            <brokerCrdNo>000035865</brokerCrdNo>
            <brokerLei>549300E8QX0ZMRDC2M81</brokerLei>
            <brokerStateCountry brokerState="US-PA" brokerCountry="US"/>
            <grossCommission>1002.44</grossCommission>
          </broker>
          <broker>
            <brokerName>GOLDMAN SACHS CO.</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>582.58</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS SECURITIES LLC</brokerName>
            <brokerFileNo>8-16267</brokerFileNo>
            <brokerCrdNo>000008174</brokerCrdNo>
            <brokerLei>T6FIZBDPKLYJKFCRVK44</brokerLei>
            <brokerStateCountry brokerState="US-NJ" brokerCountry="US"/>
            <grossCommission>1161.21</grossCommission>
          </broker>
          <broker>
            <brokerName>MERRILL LYNCH PIERCE FENNER &amp; SMITH</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>DWW559HN8WVTCCS4VJ94</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>9109.9</grossCommission>
          </broker>
          <broker>
            <brokerName>WELLS FARGO SECURITIES LLC</brokerName>
            <brokerFileNo>8-65876</brokerFileNo>
            <brokerCrdNo>000126292</brokerCrdNo>
            <brokerLei>VYVVCKR63DVZZN70PB21</brokerLei>
            <brokerStateCountry brokerState="US-NC" brokerCountry="US"/>
            <grossCommission>202.07</grossCommission>
          </broker>
          <broker>
            <brokerName>CREDIT SUISSE GROUP</brokerName>
            <brokerFileNo>8-00422</brokerFileNo>
            <brokerCrdNo>000000816</brokerCrdNo>
            <brokerLei>1V8Y6QCX6YMJ2OELII46</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>206.98</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>20376.86</aggregateCommission>
        <principalAggregatePurchase>82787564.0199999</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>102333236.971538</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <interfundLendingDetails isInterfundLending="Y">
          <interfundLending interfundLendingLoanAverage="325000" interfundLendingDaysOutstanding="1"/>
        </interfundLendingDetails>
        <interfundBorrowingDetails isInterfundBorrowing="Y">
          <interfundBorrowing interfundBorrowingLoanAverage="485000" interfundBorrowingDaysOutstanding="3"/>
          <interfundBorrowing interfundBorrowingLoanAverage="460000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="185000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="75000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="445000" interfundBorrowingDaysOutstanding="2"/>
          <interfundBorrowing interfundBorrowingLoanAverage="315000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="80000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="55000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="115000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="160000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="135000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="315000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="55000" interfundBorrowingDaysOutstanding="1"/>
        </interfundBorrowingDetails>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Principal LifeTime 2050 Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000007671</mgmtInvSeriesId>
        <mgmtInvLei>549300VOIKZKD0F5L118</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>1</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000020919" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Fund of Funds</fundType>
          <fundType>Target Date Fund</fundType>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <aggregateCommission>0</aggregateCommission>
        <principalAggregatePurchase>18950308.83</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>35801964.94</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Diversified Balanced Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000027170</mgmtInvSeriesId>
        <mgmtInvLei>549300TONRPEJHULU594</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>2</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 2" sharesOutstandingClassId="C000081996" sharesOutstandingTickerSymbol="N/A"/>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000186093" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Fund of Funds</fundType>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <aggregateCommission>0</aggregateCommission>
        <principalAggregatePurchase>457203953.23</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>1032802993.10384</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>SAM Strategic Growth Portfolio</mgmtInvFundName>
        <mgmtInvSeriesId>S000014084</mgmtInvSeriesId>
        <mgmtInvLei>549300VJUCWV7KF8D292</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>2</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000038530" sharesOutstandingTickerSymbol="N/A"/>
          <sharesOutstanding sharesOutstandingClassName="Class 2" sharesOutstandingClassId="C000038531" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Fund of Funds</fundType>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokers>
          <broker>
            <brokerName>WALLACHBETH CAPITAL</brokerName>
            <brokerFileNo>8-67936</brokerFileNo>
            <brokerCrdNo>000147853</brokerCrdNo>
            <brokerLei>549300R371KUKXEXC133</brokerLei>
            <brokerStateCountry brokerState="US-NJ" brokerCountry="US"/>
            <grossCommission>51416.53</grossCommission>
          </broker>
          <broker>
            <brokerName>MISCHLER FINANCIAL GROUP INC.</brokerName>
            <brokerFileNo>8-48067</brokerFileNo>
            <brokerCrdNo>000037818</brokerCrdNo>
            <brokerLei>2549004IPXPSM9EJFC92</brokerLei>
            <brokerStateCountry brokerState="US-CA" brokerCountry="US"/>
            <grossCommission>280</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>51696.53</aggregateCommission>
        <principalAggregatePurchase>86979974.7900002</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>288976667.727692</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>SmallCap Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000007675</mgmtInvSeriesId>
        <mgmtInvLei>5493001XW2HZYLJS0M16</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>2</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 2" sharesOutstandingClassId="C000152597" sharesOutstandingTickerSymbol="N/A"/>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000020923" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Bank of New York Mellon</securitiesAgentName>
            <securitiesAgentLei>HPFHU0OQ28E4N0NFVK49</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="Bank of New York Mellon" idemnityProviderLei="HPFHU0OQ28E4N0NFVK49"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="Principal Global Investors, LLC" collateralManagerLei="549300BABIOZPCNHMB89" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
          <collateralManager collateralManagerName="BlackRock Advisors, LLC" collateralManagerLei="5493001LN9MRM6A35J74" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>5497799.88000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>43490.36000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokers>
          <broker>
            <brokerName>BLAYLOCK ROBERT VAN LLC</brokerName>
            <brokerFileNo>8-67721</brokerFileNo>
            <brokerCrdNo>000145317</brokerCrdNo>
            <brokerLei>N/A</brokerLei>
            <brokerStateCountry brokerState="US-CA" brokerCountry="US"/>
            <grossCommission>4945.06</grossCommission>
          </broker>
          <broker>
            <brokerName>J.P. MORGAN SECURITIES LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>8I5DZWZKVSZI1NUHU748</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>4400.17</grossCommission>
          </broker>
          <broker>
            <brokerName>DEUTSCHE BANK SECURITIES CORP.</brokerName>
            <brokerFileNo>8-17822</brokerFileNo>
            <brokerCrdNo>000002525</brokerCrdNo>
            <brokerLei>9J6MBOOO7BECTDTUZW19</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>7171.28</grossCommission>
          </broker>
          <broker>
            <brokerName>CANTOR FITZGERALD &amp; CO.</brokerName>
            <brokerFileNo>8-201</brokerFileNo>
            <brokerCrdNo>000000134</brokerCrdNo>
            <brokerLei>5493004J7H4GCPG6OB62</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>2853.86</grossCommission>
          </broker>
          <broker>
            <brokerName>LIQUIDNET</brokerName>
            <brokerFileNo>8-52461</brokerFileNo>
            <brokerCrdNo>000103987</brokerCrdNo>
            <brokerLei>213800HSKBBO1GCVRG79</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>3193.29</grossCommission>
          </broker>
          <broker>
            <brokerName>JEFFERIES &amp; COMPANY</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>4183.19</grossCommission>
          </broker>
          <broker>
            <brokerName>MERRILL LYNCH PIERCE FENNER &amp; SMITH</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>DWW559HN8WVTCCS4VJ94</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>4678.23</grossCommission>
          </broker>
          <broker>
            <brokerName>GOLDMAN SACHS CO.</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>6194.43</grossCommission>
          </broker>
          <broker>
            <brokerName>RAYMOND JAMES &amp; ASSOCIATES</brokerName>
            <brokerFileNo>8-10999</brokerFileNo>
            <brokerCrdNo>000000705</brokerCrdNo>
            <brokerLei>U4ONQX15J3RO8XCKE979</brokerLei>
            <brokerStateCountry brokerState="US-FL" brokerCountry="US"/>
            <grossCommission>3071.15</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS SECURITIES LLC</brokerName>
            <brokerFileNo>8-16267</brokerFileNo>
            <brokerCrdNo>000008174</brokerCrdNo>
            <brokerLei>T6FIZBDPKLYJKFCRVK44</brokerLei>
            <brokerStateCountry brokerState="US-NJ" brokerCountry="US"/>
            <grossCommission>8958.47</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>89318.67999999</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>GOLDMAN SACHS CO.</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>2803821.11</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MORGAN STANLEY &amp; CO. LLC.</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>809572</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>CITIGROUP GLOBAL MARKETS</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>174832</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>COMPUTERSHARE TRUST CO. (TRANSFER AGENT)</principalName>
            <principalFileNo>8-53022</principalFileNo>
            <principalCrdNo>000107023</principalCrdNo>
            <principalLei>2549001YYB62BVMSAO13</principalLei>
            <principalStateCountry principalState="US-IL" principalCountry="US"/>
            <principalTotalPurchaseSale>438972.5</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>CREDIT SUISSE GROUP</principalName>
            <principalFileNo>8-00422</principalFileNo>
            <principalCrdNo>000000816</principalCrdNo>
            <principalLei>1V8Y6QCX6YMJ2OELII46</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>46386</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>EVERCORE PARTNERS</principalName>
            <principalFileNo>8-49830</principalFileNo>
            <principalCrdNo>000042405</principalCrdNo>
            <principalLei>213800AABECOIDY85761</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>32860</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>STIFEL NICOLAUS &amp; COMPANY</principalName>
            <principalFileNo>8-1447</principalFileNo>
            <principalCrdNo>000000793</principalCrdNo>
            <principalLei>5WUVMA08EYG4KEUPW589</principalLei>
            <principalStateCountry principalState="US-MO" principalCountry="US"/>
            <principalTotalPurchaseSale>484900</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>8I5DZWZKVSZI1NUHU748</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>761213.41</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>RAYMOND JAMES &amp; ASSOCIATES</principalName>
            <principalFileNo>8-10999</principalFileNo>
            <principalCrdNo>000000705</principalCrdNo>
            <principalLei>U4ONQX15J3RO8XCKE979</principalLei>
            <principalStateCountry principalState="US-FL" principalCountry="US"/>
            <principalTotalPurchaseSale>77536</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>RBC DOMINION SECURITIES CORP.</principalName>
            <principalFileNo>8-45411</principalFileNo>
            <principalCrdNo>000031194</principalCrdNo>
            <principalLei>549300LCO2FLSSVFFR64</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>683700</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>9483086.76</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>187394163.27</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <interfundLendingDetails isInterfundLending="Y">
          <interfundLending interfundLendingLoanAverage="2310000" interfundLendingDaysOutstanding="1"/>
          <interfundLending interfundLendingLoanAverage="985000" interfundLendingDaysOutstanding="3"/>
        </interfundLendingDetails>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Principal LifeTime 2040 Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000007670</mgmtInvSeriesId>
        <mgmtInvLei>549300GHJZUNVW7W5H97</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>1</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000020918" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Fund of Funds</fundType>
          <fundType>Target Date Fund</fundType>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <aggregateCommission>0</aggregateCommission>
        <principalAggregatePurchase>52785997.54</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>75145725.7046154</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Principal LifeTime 2010 Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000007667</mgmtInvSeriesId>
        <mgmtInvLei>549300EFY8ZROMR20C64</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000020915" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Fund of Funds</fundType>
          <fundType>Target Date Fund</fundType>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <aggregateCommission>0</aggregateCommission>
        <principalAggregatePurchase>42569226.9199999</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>32058667.6884615</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Real Estate Securities Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000007673</mgmtInvSeriesId>
        <mgmtInvLei>549300YDCD4YXBV6EM04</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>2</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 2" sharesOutstandingClassId="C000038552" sharesOutstandingTickerSymbol="N/A"/>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000020921" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>Y</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <subAdvisers>
          <subAdviser>
            <subAdviserName>Principal Real Estate Investors LLC</subAdviserName>
            <subAdviserFileNo>801-55618</subAdviserFileNo>
            <subAdviserCrdNo>000109008</subAdviserCrdNo>
            <subAdviserLei>549300MQOXJ8V8FMMS34</subAdviserLei>
            <isSubAdviserAffiliated>Y</isSubAdviserAffiliated>
            <subAdviserStateCountry subAdviserState="US-IA" subAdviserCountry="US"/>
            <isSubAdviserHired>N</isSubAdviserHired>
          </subAdviser>
        </subAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokers>
          <broker>
            <brokerName>J.P. MORGAN SECURITIES LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>8I5DZWZKVSZI1NUHU748</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>1781.36</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS SECURITIES LLC</brokerName>
            <brokerFileNo>8-16267</brokerFileNo>
            <brokerCrdNo>000008174</brokerCrdNo>
            <brokerLei>T6FIZBDPKLYJKFCRVK44</brokerLei>
            <brokerStateCountry brokerState="US-NJ" brokerCountry="US"/>
            <grossCommission>1434.71</grossCommission>
          </broker>
          <broker>
            <brokerName>SANFORD C. BERNSTEIN &amp; CO.</brokerName>
            <brokerFileNo>8-52942</brokerFileNo>
            <brokerCrdNo>000104474</brokerCrdNo>
            <brokerLei>549300I7JYZHT7D5CO04</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>2751.16</grossCommission>
          </broker>
          <broker>
            <brokerName>STIFEL NICOLAUS &amp; COMPANY</brokerName>
            <brokerFileNo>8-1447</brokerFileNo>
            <brokerCrdNo>000000793</brokerCrdNo>
            <brokerLei>5WUVMA08EYG4KEUPW589</brokerLei>
            <brokerStateCountry brokerState="US-MO" brokerCountry="US"/>
            <grossCommission>1649.46</grossCommission>
          </broker>
          <broker>
            <brokerName>BARCLAYS CAPITAL INC.</brokerName>
            <brokerFileNo>8-41342</brokerFileNo>
            <brokerCrdNo>000019714</brokerCrdNo>
            <brokerLei>G5GSEF7VJP5I7OUK5573</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>1713.8</grossCommission>
          </broker>
          <broker>
            <brokerName>MERRILL LYNCH PIERCE FENNER &amp; SMITH</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>DWW559HN8WVTCCS4VJ94</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>2516.66</grossCommission>
          </broker>
          <broker>
            <brokerName>CITIGROUP GLOBAL MARKETS</brokerName>
            <brokerFileNo>8-8177</brokerFileNo>
            <brokerCrdNo>000007059</brokerCrdNo>
            <brokerLei>MBNUM2BPBDO7JBLYG310</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>1510.54</grossCommission>
          </broker>
          <broker>
            <brokerName>GOLDMAN SACHS CO.</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>1892.8</grossCommission>
          </broker>
          <broker>
            <brokerName>GREEN STREET ADVISORS INC.</brokerName>
            <brokerFileNo>8-44110</brokerFileNo>
            <brokerCrdNo>000028937</brokerCrdNo>
            <brokerLei>N/A</brokerLei>
            <brokerStateCountry brokerState="US-CA" brokerCountry="US"/>
            <grossCommission>2141.46</grossCommission>
          </broker>
          <broker>
            <brokerName>CANTOR FITZGERALD &amp; CO.</brokerName>
            <brokerFileNo>8-201</brokerFileNo>
            <brokerCrdNo>000000134</brokerCrdNo>
            <brokerLei>5493004J7H4GCPG6OB62</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>1426.65</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>38734.68</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>CITIGROUP GLOBAL MARKETS</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1497293.5</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MORGAN STANLEY &amp; CO. LLC.</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>551733.4</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MERRILL LYNCH PIERCE FENNER &amp; SMITH</principalName>
            <principalFileNo>8-7221</principalFileNo>
            <principalCrdNo>000007691</principalCrdNo>
            <principalLei>DWW559HN8WVTCCS4VJ94</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>2308834.25</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>4512893.8</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>157152061.951538</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <interfundLendingDetails isInterfundLending="Y">
          <interfundLending interfundLendingLoanAverage="500000" interfundLendingDaysOutstanding="1"/>
          <interfundLending interfundLendingLoanAverage="1220000" interfundLendingDaysOutstanding="1"/>
        </interfundLendingDetails>
        <interfundBorrowingDetails isInterfundBorrowing="Y">
          <interfundBorrowing interfundBorrowingLoanAverage="995000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="180000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="80000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="540000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="1050000" interfundBorrowingDaysOutstanding="4"/>
          <interfundBorrowing interfundBorrowingLoanAverage="145000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="170000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="85000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="90000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="505000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="65000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="130000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="70000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="280000" interfundBorrowingDaysOutstanding="3"/>
          <interfundBorrowing interfundBorrowingLoanAverage="590000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="115000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="95000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="110000" interfundBorrowingDaysOutstanding="1"/>
        </interfundBorrowingDetails>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Principal LifeTime 2020 Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000007668</mgmtInvSeriesId>
        <mgmtInvLei>549300RU4XRO2YPQR091</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>1</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000020916" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Fund of Funds</fundType>
          <fundType>Target Date Fund</fundType>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <aggregateCommission>0</aggregateCommission>
        <principalAggregatePurchase>204538322.01</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>187635512.927692</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>MidCap Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000007662</mgmtInvSeriesId>
        <mgmtInvLei>549300TCYKAPPXQ3VX73</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>2</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 2" sharesOutstandingClassId="C000079602" sharesOutstandingTickerSymbol="N/A"/>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000020910" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Bank of New York Mellon</securitiesAgentName>
            <securitiesAgentLei>HPFHU0OQ28E4N0NFVK49</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="Bank of New York Mellon" idemnityProviderLei="HPFHU0OQ28E4N0NFVK49"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="BlackRock Advisors, LLC" collateralManagerLei="5493001LN9MRM6A35J74" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
          <collateralManager collateralManagerName="Principal Global Investors, LLC" collateralManagerLei="549300BABIOZPCNHMB89" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>3382208.43000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>19857.61000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>The Bank of New York Mellon SA/NV</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Euroclear Bank, Brussels</custodianName>
            <custodianLei>549300OZ46BRLZ8Y6F65</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CIBC Mellon Trust Company</custodianName>
            <custodianLei>549300IYUUH221WBZ505</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE BANK OF NEW YORK MELLON</custodianName>
            <custodianLei>549300KP56LL8NKKFL47</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>Y</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokers>
          <broker>
            <brokerName>M3 CAPITAL PARTNERS</brokerName>
            <brokerFileNo>8-47198</brokerFileNo>
            <brokerCrdNo>000036368</brokerCrdNo>
            <brokerLei>549300670K07JRB5UQ40</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>5503.48</grossCommission>
          </broker>
          <broker>
            <brokerName>MORGAN STANLEY &amp; CO. LLC.</brokerName>
            <brokerFileNo>8-15869</brokerFileNo>
            <brokerCrdNo>000008209</brokerCrdNo>
            <brokerLei>9R7GPTSO7KV3UQJZQ078</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>4493.13</grossCommission>
          </broker>
          <broker>
            <brokerName>STIFEL NICOLAUS &amp; COMPANY</brokerName>
            <brokerFileNo>8-1447</brokerFileNo>
            <brokerCrdNo>000000793</brokerCrdNo>
            <brokerLei>5WUVMA08EYG4KEUPW589</brokerLei>
            <brokerStateCountry brokerState="US-MO" brokerCountry="US"/>
            <grossCommission>5410.79</grossCommission>
          </broker>
          <broker>
            <brokerName>KNIGHT CAPITAL GROUP INC.</brokerName>
            <brokerFileNo>8-68193</brokerFileNo>
            <brokerCrdNo>000149823</brokerCrdNo>
            <brokerLei>549300RA02N3BNSWBV74</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>5120.35</grossCommission>
          </broker>
          <broker>
            <brokerName>MERRILL LYNCH PIERCE FENNER &amp; SMITH</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>DWW559HN8WVTCCS4VJ94</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>4425.45</grossCommission>
          </broker>
          <broker>
            <brokerName>BARCLAYS CAPITAL INC.</brokerName>
            <brokerFileNo>8-41342</brokerFileNo>
            <brokerCrdNo>000019714</brokerCrdNo>
            <brokerLei>G5GSEF7VJP5I7OUK5573</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>3665.7</grossCommission>
          </broker>
          <broker>
            <brokerName>GOLDMAN SACHS CO.</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>6167.06</grossCommission>
          </broker>
          <broker>
            <brokerName>TD BANK FINANCIAL GROUP</brokerName>
            <brokerFileNo>8-36747</brokerFileNo>
            <brokerCrdNo>000018476</brokerCrdNo>
            <brokerLei>N/A</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>2836.54</grossCommission>
          </broker>
          <broker>
            <brokerName>JEFFERIES &amp; COMPANY</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>7723.02</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS SECURITIES LLC</brokerName>
            <brokerFileNo>8-16267</brokerFileNo>
            <brokerCrdNo>000008174</brokerCrdNo>
            <brokerLei>T6FIZBDPKLYJKFCRVK44</brokerLei>
            <brokerStateCountry brokerState="US-NJ" brokerCountry="US"/>
            <grossCommission>4440.91</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>84077.77</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>RBC DOMINION SECURITIES CORP.</principalName>
            <principalFileNo>8-45411</principalFileNo>
            <principalCrdNo>000031194</principalCrdNo>
            <principalLei>549300LCO2FLSSVFFR64</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>58565</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MORGAN STANLEY &amp; CO. LLC.</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>976710</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>1035275</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>575145775.665384</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <interfundLendingDetails isInterfundLending="Y">
          <interfundLending interfundLendingLoanAverage="70000" interfundLendingDaysOutstanding="1"/>
        </interfundLendingDetails>
        <interfundBorrowingDetails isInterfundBorrowing="Y">
          <interfundBorrowing interfundBorrowingLoanAverage="60000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="255000" interfundBorrowingDaysOutstanding="3"/>
          <interfundBorrowing interfundBorrowingLoanAverage="185000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="570000" interfundBorrowingDaysOutstanding="2"/>
          <interfundBorrowing interfundBorrowingLoanAverage="180000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="320000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="1315000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="650000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="365000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="210000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="525000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="270000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="1265000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="795000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="485000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="200000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="3810000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="795000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="625000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="185000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="530000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="325000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="640000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="145000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="2570000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="670000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="240000" interfundBorrowingDaysOutstanding="3"/>
          <interfundBorrowing interfundBorrowingLoanAverage="250000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="655000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="590000" interfundBorrowingDaysOutstanding="3"/>
          <interfundBorrowing interfundBorrowingLoanAverage="180000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="1160000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="430000" interfundBorrowingDaysOutstanding="2"/>
          <interfundBorrowing interfundBorrowingLoanAverage="575000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="390000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="225000" interfundBorrowingDaysOutstanding="3"/>
          <interfundBorrowing interfundBorrowingLoanAverage="1300000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="165000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="120000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="310000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="785000" interfundBorrowingDaysOutstanding="1"/>
        </interfundBorrowingDetails>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Principal LifeTime Strategic Income Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000007672</mgmtInvSeriesId>
        <mgmtInvLei>5493001PMMEN7HOQW232</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000020920" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Fund of Funds</fundType>
          <fundType>Target Date Fund</fundType>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <aggregateCommission>0</aggregateCommission>
        <principalAggregatePurchase>36369124.68</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>23666202.7415384</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>SAM Flexible Income Portfolio</mgmtInvFundName>
        <mgmtInvSeriesId>S000014093</mgmtInvSeriesId>
        <mgmtInvLei>549300XHUHBJWMEAVG57</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>2</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 2" sharesOutstandingClassId="C000038549" sharesOutstandingTickerSymbol="N/A"/>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000038548" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Fund of Funds</fundType>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 17a-8 (17 CFR 270.17a-8)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokers>
          <broker>
            <brokerName>WALLACHBETH CAPITAL</brokerName>
            <brokerFileNo>8-67936</brokerFileNo>
            <brokerCrdNo>000147853</brokerCrdNo>
            <brokerLei>549300R371KUKXEXC133</brokerLei>
            <brokerStateCountry brokerState="US-NJ" brokerCountry="US"/>
            <grossCommission>11833.26</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>11833.26</aggregateCommission>
        <principalAggregatePurchase>143727178.05</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>186875844.793077</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Diversified Growth Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000027171</mgmtInvSeriesId>
        <mgmtInvLei>549300V40Y32MDJGOS27</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 2" sharesOutstandingClassId="C000081997" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Fund of Funds</fundType>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <aggregateCommission>0</aggregateCommission>
        <principalAggregatePurchase>1441111930.22</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>3699784618.36</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>International Emerging Markets Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000007656</mgmtInvSeriesId>
        <mgmtInvLei>549300G5QRVIR4R8AE07</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>1</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000020904" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Bank of New York Mellon</securitiesAgentName>
            <securitiesAgentLei>HPFHU0OQ28E4N0NFVK49</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="Bank of New York Mellon" idemnityProviderLei="HPFHU0OQ28E4N0NFVK49"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="BlackRock Advisors, LLC" collateralManagerLei="5493001LN9MRM6A35J74" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
          <collateralManager collateralManagerName="Principal Global Investors, LLC" collateralManagerLei="549300BABIOZPCNHMB89" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>122800.21000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>1580.36000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>HSBC Bank Bermuda Limited, Hamilton</custodianName>
            <custodianLei>0W1U67PTV5WY3WYWKD79</custodianLei>
            <custodianCountry>BM</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank N.A., Brazilian Branch</custodianName>
            <custodianLei>1P0UUG7LC1S92QTNHG39</custodianLei>
            <custodianCountry>BR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Hongkong and Shangai Banking Corporation, Bangkok</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>TH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>Credit Suisse (Switzerland) Ltd</custodianName>
            <custodianLei>549300CWR0W0BCS9Q144</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibanamex, Mexico City</custodianName>
            <custodianLei>549300DHL7BK624NK881</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank N.A., Sucursal de Lima</custodianName>
            <custodianLei>MYTK5NHHP1G8TVFGT193</custodianLei>
            <custodianCountry>PE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Euroclear Bank, Brussels</custodianName>
            <custodianLei>549300OZ46BRLZ8Y6F65</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>MUFG Bank, Ltd</custodianName>
            <custodianLei>549300OB5SQ53A8BTO30</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank, Istanbul</custodianName>
            <custodianLei>789000N5SE3LWDK7OI11</custodianLei>
            <custodianCountry>TR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Securities Services, Athens</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>GR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Skandinaviska Enskilda Banken AB, Copenhagen Branch</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>DK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank AG, Manila Branch</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>PH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UniCredit Bank Austria AG</custodianName>
            <custodianLei>D1HEB8VEU6D9M8ZUXG17</custodianLei>
            <custodianCountry>AT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC SHENZHEN</custodianName>
            <custodianLei>213800H3TEBTFHD5JR69</custodianLei>
            <custodianCountry>CN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Skandinaviska Enskilda Banken AB, Oslo Branch</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>NO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Banco de Chile</custodianName>
            <custodianLei>8B4EZFY8IHJC44TT2K84</custodianLei>
            <custodianCountry>CL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC New Zealand</custodianName>
            <custodianLei>213800NHDWIZKO5KIH05</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC Bank Middle East Limited, Dubai</custodianName>
            <custodianLei>549300F99IL9YJDWH369</custodianLei>
            <custodianCountry>AE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank AG, Seoul Branch</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>KR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC Bank Australia Limited</custodianName>
            <custodianLei>DY9DBNI4W8J63Z298033</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC Shanghai-Hong Kong Stock Connect SPSA</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE PLC</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>PT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank AG Mumbai</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>IN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>DBS Bank Ltd, Singapore</custodianName>
            <custodianLei>ATUEL7OJR5057F2PV266</custodianLei>
            <custodianCountry>SG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank (Malaysia) Berhad</custodianName>
            <custodianLei>529900DLWFR8HK7DR278</custodianLei>
            <custodianCountry>MY</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Standard Bank of South Africa, Johannesburg</custodianName>
            <custodianLei>QFC8ZCW3Q5PRXU1XTM60</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Cititrust S.A., Bogota</custodianName>
            <custodianLei>549300NMTWZ8076A0603</custodianLei>
            <custodianCountry>CO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citbank Europe plc</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CIBC Mellon Trust Company</custodianName>
            <custodianLei>549300IYUUH221WBZ505</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC Bank (Taiwan) Limited</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>TW</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Bank of New York Mellon SA/NV</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Hongkong and Shanghai Banking Corporation, Hong Kong</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Skandinaviska Enskilda Banken, Helsinki branch</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Banco Bilbao Vizcaya Argentaria, Madrid</custodianName>
            <custodianLei>K8MS7FD7N5Z2WQ51AZ71</custodianLei>
            <custodianCountry>ES</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>PJSC ROSBANK</custodianName>
            <custodianLei>254900SQM7KOUO7DBM54</custodianLei>
            <custodianCountry>RU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Bank of New York Mellon SA/NV</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC SHANGHAI</custodianName>
            <custodianLei>2CZOJRADNJXBLT55G526</custodianLei>
            <custodianCountry>CN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Polska Kasa Opieki S.A.</custodianName>
            <custodianLei>5493000LKS7B3UTF7H35</custodianLei>
            <custodianCountry>PL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank Europe plc, Hungarian Branch Office</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>HU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank AG Karachi Branch</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>PK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Hapoalim B.M.</custodianName>
            <custodianLei>B6ARUI4946ST4S7WOU88</custodianLei>
            <custodianCountry>IL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank Maghreb</custodianName>
            <custodianLei>5493003FVWLMBFTISI11</custodianLei>
            <custodianCountry>MA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Bank of New York Mellon SA/NV, Asset Servicing, Niederlassung Frankfurt am Main</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank AG, Jakarta</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ID</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Skandinaviska Enskilda Banken, Stockholm</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>SE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC Bank Middle East Limited, Doha</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>QA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONGKONG AND SHANGHAI BANKING CORPORATION, HONG KONG</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC SAUDI ARABIA LIMITED</custodianName>
            <custodianLei>2138009S6SHV5GLS7987</custodianLei>
            <custodianCountry>SA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE BANK OF NEW YORK MELLON</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>AT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE BANK OF NEW YORK MELLON</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE BANK OF NEW YORK MELLON</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE BANK OF NEW YORK MELLON</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>GR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE BANK OF NEW YORK MELLON</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianCountry>IE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE BANK OF NEW YORK MELLON</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>PT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE BANK OF NEW YORK MELLON</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ES</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE BANK OF NEW YORK MELLON</custodianName>
            <custodianLei>549300KP56LL8NKKFL47</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>Y</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokers>
          <broker>
            <brokerName>CITIGROUP GLOBAL MARKETS</brokerName>
            <brokerFileNo>8-8177</brokerFileNo>
            <brokerCrdNo>000007059</brokerCrdNo>
            <brokerLei>MBNUM2BPBDO7JBLYG310</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>21895.69</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS SECURITIES LLC</brokerName>
            <brokerFileNo>8-16267</brokerFileNo>
            <brokerCrdNo>000008174</brokerCrdNo>
            <brokerLei>T6FIZBDPKLYJKFCRVK44</brokerLei>
            <brokerStateCountry brokerState="US-NJ" brokerCountry="US"/>
            <grossCommission>28393.09</grossCommission>
          </broker>
          <broker>
            <brokerName>MERRILL LYNCH PIERCE FENNER &amp; SMITH</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>DWW559HN8WVTCCS4VJ94</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>15213.95</grossCommission>
          </broker>
          <broker>
            <brokerName>MORGAN STANLEY &amp; CO. LLC.</brokerName>
            <brokerFileNo>8-15869</brokerFileNo>
            <brokerCrdNo>000008209</brokerCrdNo>
            <brokerLei>9R7GPTSO7KV3UQJZQ078</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>24725.97</grossCommission>
          </broker>
          <broker>
            <brokerName>J.P. MORGAN SECURITIES LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>8I5DZWZKVSZI1NUHU748</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>21663.88</grossCommission>
          </broker>
          <broker>
            <brokerName>M3 CAPITAL PARTNERS</brokerName>
            <brokerFileNo>8-47198</brokerFileNo>
            <brokerCrdNo>000036368</brokerCrdNo>
            <brokerLei>549300670K07JRB5UQ40</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>16469.9</grossCommission>
          </broker>
          <broker>
            <brokerName>CREDIT SUISSE GROUP</brokerName>
            <brokerFileNo>8-00422</brokerFileNo>
            <brokerCrdNo>000000816</brokerCrdNo>
            <brokerLei>1V8Y6QCX6YMJ2OELII46</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>16625.94</grossCommission>
          </broker>
          <broker>
            <brokerName>JEFFERIES &amp; COMPANY</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>9821.52</grossCommission>
          </broker>
          <broker>
            <brokerName>GOLDMAN SACHS CO.</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>19684.31</grossCommission>
          </broker>
          <broker>
            <brokerName>HSBC SECURITIES INC.</brokerName>
            <brokerFileNo>8-41562</brokerFileNo>
            <brokerCrdNo>000019585</brokerCrdNo>
            <brokerLei>CYYGQCGNHMHPSMRL3R97</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>17955.96</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>260812.28</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>8I5DZWZKVSZI1NUHU748</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>194405.74</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MERRILL LYNCH PIERCE FENNER &amp; SMITH</principalName>
            <principalFileNo>8-7221</principalFileNo>
            <principalCrdNo>000007691</principalCrdNo>
            <principalLei>DWW559HN8WVTCCS4VJ94</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>210080.26</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MORGAN STANLEY &amp; CO. LLC.</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>172434</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>CITIGROUP GLOBAL MARKETS</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>84582.63</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>661502.63</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>87592451.7184615</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <interfundLendingDetails isInterfundLending="Y">
          <interfundLending interfundLendingLoanAverage="250000" interfundLendingDaysOutstanding="1"/>
          <interfundLending interfundLendingLoanAverage="295000" interfundLendingDaysOutstanding="1"/>
        </interfundLendingDetails>
        <interfundBorrowingDetails isInterfundBorrowing="Y">
          <interfundBorrowing interfundBorrowingLoanAverage="295000" interfundBorrowingDaysOutstanding="3"/>
          <interfundBorrowing interfundBorrowingLoanAverage="470000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="485000" interfundBorrowingDaysOutstanding="3"/>
          <interfundBorrowing interfundBorrowingLoanAverage="135000" interfundBorrowingDaysOutstanding="1"/>
        </interfundBorrowingDetails>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>SAM Balanced Portfolio</mgmtInvFundName>
        <mgmtInvSeriesId>S000014090</mgmtInvSeriesId>
        <mgmtInvLei>549300RTKZ1JJN3UX337</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>2</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 2" sharesOutstandingClassId="C000038542" sharesOutstandingTickerSymbol="N/A"/>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000038543" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Fund of Funds</fundType>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokers>
          <broker>
            <brokerName>MISCHLER FINANCIAL GROUP INC.</brokerName>
            <brokerFileNo>8-48067</brokerFileNo>
            <brokerCrdNo>000037818</brokerCrdNo>
            <brokerLei>2549004IPXPSM9EJFC92</brokerLei>
            <brokerStateCountry brokerState="US-CA" brokerCountry="US"/>
            <grossCommission>735.93</grossCommission>
          </broker>
          <broker>
            <brokerName>WALLACHBETH CAPITAL</brokerName>
            <brokerFileNo>8-67936</brokerFileNo>
            <brokerCrdNo>000147853</brokerCrdNo>
            <brokerLei>549300R371KUKXEXC133</brokerLei>
            <brokerStateCountry brokerState="US-NJ" brokerCountry="US"/>
            <grossCommission>17237.76</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>17973.69</aggregateCommission>
        <principalAggregatePurchase>371273115.35</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>691959395.908461</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>LargeCap Growth Account I</mgmtInvFundName>
        <mgmtInvSeriesId>S000007682</mgmtInvSeriesId>
        <mgmtInvLei>5493001F0RZUBHAGCH79</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>1</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000020930" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Bank of New York Mellon</securitiesAgentName>
            <securitiesAgentLei>HPFHU0OQ28E4N0NFVK49</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="Bank of New York Mellon" idemnityProviderLei="HPFHU0OQ28E4N0NFVK49"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="Principal Global Investors, LLC" collateralManagerLei="549300BABIOZPCNHMB89" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
          <collateralManager collateralManagerName="BlackRock Advisors, LLC" collateralManagerLei="5493001LN9MRM6A35J74" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>729876.70890000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>18980.56000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 17a-8 (17 CFR 270.17a-8)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <subAdvisers>
          <subAdviser>
            <subAdviserName>T. Rowe Price Associates, Inc.</subAdviserName>
            <subAdviserFileNo>801-856</subAdviserFileNo>
            <subAdviserCrdNo>000105496</subAdviserCrdNo>
            <subAdviserLei>7HTL8AEQSEDX602FBU63</subAdviserLei>
            <isSubAdviserAffiliated>N</isSubAdviserAffiliated>
            <subAdviserStateCountry subAdviserState="US-MD" subAdviserCountry="US"/>
            <isSubAdviserHired>N</isSubAdviserHired>
          </subAdviser>
          <subAdviser>
            <subAdviserName>Brown Advisory, LLC</subAdviserName>
            <subAdviserFileNo>801-61732</subAdviserFileNo>
            <subAdviserCrdNo>000124612</subAdviserCrdNo>
            <subAdviserLei>549300KMFGGW36I79D06</subAdviserLei>
            <isSubAdviserAffiliated>N</isSubAdviserAffiliated>
            <subAdviserStateCountry subAdviserState="US-MD" subAdviserCountry="US"/>
            <isSubAdviserHired>N</isSubAdviserHired>
          </subAdviser>
        </subAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokers>
          <broker>
            <brokerName>EVERCORE PARTNERS</brokerName>
            <brokerFileNo>8-49830</brokerFileNo>
            <brokerCrdNo>000042405</brokerCrdNo>
            <brokerLei>213800AABECOIDY85761</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>1769.25</grossCommission>
          </broker>
          <broker>
            <brokerName>SANFORD C. BERNSTEIN &amp; CO.</brokerName>
            <brokerFileNo>8-52942</brokerFileNo>
            <brokerCrdNo>000104474</brokerCrdNo>
            <brokerLei>549300I7JYZHT7D5CO04</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>1871.92999999</grossCommission>
          </broker>
          <broker>
            <brokerName>DEUTSCHE BANK SECURITIES CORP.</brokerName>
            <brokerFileNo>8-17822</brokerFileNo>
            <brokerCrdNo>000002525</brokerCrdNo>
            <brokerLei>9J6MBOOO7BECTDTUZW19</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>2921.97</grossCommission>
          </broker>
          <broker>
            <brokerName>GOLDMAN SACHS CO.</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>3192.24</grossCommission>
          </broker>
          <broker>
            <brokerName>BARCLAYS CAPITAL INC.</brokerName>
            <brokerFileNo>8-41342</brokerFileNo>
            <brokerCrdNo>000019714</brokerCrdNo>
            <brokerLei>G5GSEF7VJP5I7OUK5573</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>2798.28</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS SECURITIES LLC</brokerName>
            <brokerFileNo>8-16267</brokerFileNo>
            <brokerCrdNo>000008174</brokerCrdNo>
            <brokerLei>T6FIZBDPKLYJKFCRVK44</brokerLei>
            <brokerStateCountry brokerState="US-NJ" brokerCountry="US"/>
            <grossCommission>3301.3</grossCommission>
          </broker>
          <broker>
            <brokerName>J.P. MORGAN SECURITIES LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>8I5DZWZKVSZI1NUHU748</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>8020.41</grossCommission>
          </broker>
          <broker>
            <brokerName>BNY MELLON CAPITAL MARKETS LLC</brokerName>
            <brokerFileNo>8-46838</brokerFileNo>
            <brokerCrdNo>000035693</brokerCrdNo>
            <brokerLei>VJW2DOOHGDT6PR0ZRO63</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>2974.41</grossCommission>
          </broker>
          <broker>
            <brokerName>MORGAN STANLEY &amp; CO. LLC.</brokerName>
            <brokerFileNo>8-15869</brokerFileNo>
            <brokerCrdNo>000008209</brokerCrdNo>
            <brokerLei>9R7GPTSO7KV3UQJZQ078</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>8457.48</grossCommission>
          </broker>
          <broker>
            <brokerName>MERRILL LYNCH PIERCE FENNER &amp; SMITH</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>DWW559HN8WVTCCS4VJ94</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>4541.69</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>53384.04999999</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>ALLEN &amp; COMPANY</principalName>
            <principalFileNo>8-12123</principalFileNo>
            <principalCrdNo>000001042</principalCrdNo>
            <principalLei>549300RO3RYDN328JY68</principalLei>
            <principalStateCountry principalState="US-FL" principalCountry="US"/>
            <principalTotalPurchaseSale>119384.68</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>STATE STREET BANK &amp; TRUST</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>N/A</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>404676.72</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>COMPUTERSHARE TRUST CO. (TRANSFER AGENT)</principalName>
            <principalFileNo>8-53022</principalFileNo>
            <principalCrdNo>000107023</principalCrdNo>
            <principalLei>2549001YYB62BVMSAO13</principalLei>
            <principalStateCountry principalState="US-IL" principalCountry="US"/>
            <principalTotalPurchaseSale>155124.5</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>STATE STREET FINANCIAL GLOBAL MARKETS</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300OZ1QAQXULM7W24</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>179751.38</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>GOLDMAN SACHS CO.</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>816081</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MORGAN STANLEY &amp; CO. LLC.</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>176484</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>8I5DZWZKVSZI1NUHU748</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>103901.55</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>4553668.98</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>414964822.41923</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <interfundLendingDetails isInterfundLending="Y">
          <interfundLending interfundLendingLoanAverage="1355000" interfundLendingDaysOutstanding="3"/>
          <interfundLending interfundLendingLoanAverage="485000" interfundLendingDaysOutstanding="1"/>
          <interfundLending interfundLendingLoanAverage="270000" interfundLendingDaysOutstanding="1"/>
          <interfundLending interfundLendingLoanAverage="1230000" interfundLendingDaysOutstanding="1"/>
        </interfundLendingDetails>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Government &amp; High Quality Bond Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000014088</mgmtInvSeriesId>
        <mgmtInvLei>GYQKVAZKEVMXP6Q0OZ65</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>1</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000038539" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Bank of New York Mellon</securitiesAgentName>
            <securitiesAgentLei>HPFHU0OQ28E4N0NFVK49</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="Bank of New York Mellon" idemnityProviderLei="HPFHU0OQ28E4N0NFVK49"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="BlackRock Advisors, LLC" collateralManagerLei="5493001LN9MRM6A35J74" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
          <collateralManager collateralManagerName="Principal Global Investors, LLC" collateralManagerLei="549300BABIOZPCNHMB89" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>799979.42900000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>1300.36000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <aggregateCommission>0</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>WELLS FARGO SECURITIES LLC</principalName>
            <principalFileNo>8-65876</principalFileNo>
            <principalCrdNo>000126292</principalCrdNo>
            <principalLei>VYVVCKR63DVZZN70PB21</principalLei>
            <principalStateCountry principalState="US-NC" principalCountry="US"/>
            <principalTotalPurchaseSale>8906699.01</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>CREDIT SUISSE GROUP</principalName>
            <principalFileNo>8-00422</principalFileNo>
            <principalCrdNo>000000816</principalCrdNo>
            <principalLei>1V8Y6QCX6YMJ2OELII46</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>2683664.47</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BARCLAYS CAPITAL INC.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>G5GSEF7VJP5I7OUK5573</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>7862256.81</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>NOMURA SECURITIES INT'L INC.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>5632806.94</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>GOLDMAN SACHS CO.</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>7937532.58</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>8I5DZWZKVSZI1NUHU748</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>8749872.89</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>SUNTRUST</principalName>
            <principalFileNo>8-35355</principalFileNo>
            <principalCrdNo>000017499</principalCrdNo>
            <principalLei>N/A</principalLei>
            <principalStateCountry principalState="US-GA" principalCountry="US"/>
            <principalTotalPurchaseSale>4603946.85</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MORGAN STANLEY &amp; CO. LLC.</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>12453597.05</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MERRILL LYNCH PIERCE FENNER &amp; SMITH</principalName>
            <principalFileNo>8-7221</principalFileNo>
            <principalCrdNo>000007691</principalCrdNo>
            <principalLei>DWW559HN8WVTCCS4VJ94</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>8595404.41</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>CITIGROUP GLOBAL MARKETS</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>13958054.24</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>91491576.43</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>230354408.840769</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <interfundLendingDetails isInterfundLending="Y">
          <interfundLending interfundLendingLoanAverage="1745000" interfundLendingDaysOutstanding="1"/>
          <interfundLending interfundLendingLoanAverage="2155000" interfundLendingDaysOutstanding="3"/>
        </interfundLendingDetails>
        <interfundBorrowingDetails isInterfundBorrowing="Y">
          <interfundBorrowing interfundBorrowingLoanAverage="120000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="60000" interfundBorrowingDaysOutstanding="3"/>
        </interfundBorrowingDetails>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Diversified Growth Volatility Control Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000056529</mgmtInvSeriesId>
        <mgmtInvLei>549300YMU26HTG0TV623</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 2" sharesOutstandingClassId="C000178860" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Fund of Funds</fundType>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokers>
          <broker>
            <brokerName>MERRILL LYNCH PIERCE FENNER &amp; SMITH</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>DWW559HN8WVTCCS4VJ94</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>52436.39</grossCommission>
          </broker>
          <broker>
            <brokerName>JANE STREET CAPITAL</brokerName>
            <brokerFileNo>8-52275</brokerFileNo>
            <brokerCrdNo>000103782</brokerCrdNo>
            <brokerLei>549300ZM16HMPEPNV857</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>44790.63</grossCommission>
          </broker>
          <broker>
            <brokerName>SUSQUEHANNA FINANCIAL GROUP INC.</brokerName>
            <brokerFileNo>8-44325</brokerFileNo>
            <brokerCrdNo>000035865</brokerCrdNo>
            <brokerLei>549300E8QX0ZMRDC2M81</brokerLei>
            <brokerStateCountry brokerState="US-PA" brokerCountry="US"/>
            <grossCommission>7866.16</grossCommission>
          </broker>
          <broker>
            <brokerName>CREDIT SUISSE GROUP</brokerName>
            <brokerFileNo>8-00422</brokerFileNo>
            <brokerCrdNo>000000816</brokerCrdNo>
            <brokerLei>1V8Y6QCX6YMJ2OELII46</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>1112.36</grossCommission>
          </broker>
          <broker>
            <brokerName>WELLS FARGO SECURITIES LLC</brokerName>
            <brokerFileNo>8-65876</brokerFileNo>
            <brokerCrdNo>000126292</brokerCrdNo>
            <brokerLei>VYVVCKR63DVZZN70PB21</brokerLei>
            <brokerStateCountry brokerState="US-NC" brokerCountry="US"/>
            <grossCommission>157.69</grossCommission>
          </broker>
          <broker>
            <brokerName>KNIGHT CAPITAL GROUP INC.</brokerName>
            <brokerFileNo>8-68193</brokerFileNo>
            <brokerCrdNo>000149823</brokerCrdNo>
            <brokerLei>549300RA02N3BNSWBV74</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>12795.64</grossCommission>
          </broker>
          <broker>
            <brokerName>J.P. MORGAN SECURITIES LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>8I5DZWZKVSZI1NUHU748</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>563.26</grossCommission>
          </broker>
          <broker>
            <brokerName>CITIGROUP GLOBAL MARKETS</brokerName>
            <brokerFileNo>8-8177</brokerFileNo>
            <brokerCrdNo>000007059</brokerCrdNo>
            <brokerLei>MBNUM2BPBDO7JBLYG310</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>372.74</grossCommission>
          </broker>
          <broker>
            <brokerName>MISCHLER FINANCIAL GROUP INC.</brokerName>
            <brokerFileNo>8-48067</brokerFileNo>
            <brokerCrdNo>000037818</brokerCrdNo>
            <brokerLei>2549004IPXPSM9EJFC92</brokerLei>
            <brokerStateCountry brokerState="US-CA" brokerCountry="US"/>
            <grossCommission>367.99</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS SECURITIES LLC</brokerName>
            <brokerFileNo>8-16267</brokerFileNo>
            <brokerCrdNo>000008174</brokerCrdNo>
            <brokerLei>T6FIZBDPKLYJKFCRVK44</brokerLei>
            <brokerStateCountry brokerState="US-NJ" brokerCountry="US"/>
            <grossCommission>3562.52</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>124401.23</aggregateCommission>
        <principalAggregatePurchase>375363860.58</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>563989075.93923</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <interfundLendingDetails isInterfundLending="Y">
          <interfundLending interfundLendingLoanAverage="1410000" interfundLendingDaysOutstanding="1"/>
          <interfundLending interfundLendingLoanAverage="695000" interfundLendingDaysOutstanding="1"/>
        </interfundLendingDetails>
        <interfundBorrowingDetails isInterfundBorrowing="Y">
          <interfundBorrowing interfundBorrowingLoanAverage="310000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="215000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="1905000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="2115000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="890000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="1585000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="80000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="135000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="155000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="1670000" interfundBorrowingDaysOutstanding="3"/>
          <interfundBorrowing interfundBorrowingLoanAverage="2020000" interfundBorrowingDaysOutstanding="2"/>
        </interfundBorrowingDetails>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>LargeCap S&amp;P 500 Managed Volatility Index Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000042784</mgmtInvSeriesId>
        <mgmtInvLei>54930092USMYZBT55094</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000132327" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
          <indexFundInfo fundType="Index Fund">
            <isIndexFundAffiliated>N</isIndexFundAffiliated>
            <isIndexFundExclusive>N</isIndexFundExclusive>
            <indexFundReturnDiffBeforeExpense>-1.98</indexFundReturnDiffBeforeExpense>
            <indexFundReturnDiffAfterExpense>-2.57</indexFundReturnDiffAfterExpense>
            <indexFundReturnDailyStdevBeforeExpense>0.89</indexFundReturnDailyStdevBeforeExpense>
            <indexFundReturnDailyStdevAfterExpense>0.89</indexFundReturnDailyStdevAfterExpense>
          </indexFundInfo>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Bank of New York Mellon</securitiesAgentName>
            <securitiesAgentLei>HPFHU0OQ28E4N0NFVK49</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="Bank of New York Mellon" idemnityProviderLei="HPFHU0OQ28E4N0NFVK49"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="Principal Global Investors, LLC" collateralManagerLei="549300BABIOZPCNHMB89" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
          <collateralManager collateralManagerName="BlackRock Advisors, LLC" collateralManagerLei="5493001LN9MRM6A35J74" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>73583.53710000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>646.90000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <subAdvisers>
          <subAdviser>
            <subAdviserName>Spectrum Asset Management, Inc.</subAdviserName>
            <subAdviserFileNo>801-30405</subAdviserFileNo>
            <subAdviserCrdNo>000300463</subAdviserCrdNo>
            <subAdviserLei>WARIMFOO2Y13MJ7LNX31</subAdviserLei>
            <isSubAdviserAffiliated>Y</isSubAdviserAffiliated>
            <subAdviserStateCountry subAdviserState="US-CT" subAdviserCountry="US"/>
            <isSubAdviserHired>N</isSubAdviserHired>
          </subAdviser>
        </subAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokers>
          <broker>
            <brokerName>GOLDMAN SACHS CO.</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>19.11</grossCommission>
          </broker>
          <broker>
            <brokerName>JEFFERIES &amp; COMPANY</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>34.33</grossCommission>
          </broker>
          <broker>
            <brokerName>COWEN GROUP INC.</brokerName>
            <brokerFileNo>8-22522</brokerFileNo>
            <brokerCrdNo>000007616</brokerCrdNo>
            <brokerLei>549300WR155U7DVMIW58</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>14.69</grossCommission>
          </broker>
          <broker>
            <brokerName>J.P. MORGAN SECURITIES LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>8I5DZWZKVSZI1NUHU748</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>1612.86</grossCommission>
          </broker>
          <broker>
            <brokerName>BARCLAYS CAPITAL INC.</brokerName>
            <brokerFileNo>8-41342</brokerFileNo>
            <brokerCrdNo>000019714</brokerCrdNo>
            <brokerLei>G5GSEF7VJP5I7OUK5573</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>1034.43</grossCommission>
          </broker>
          <broker>
            <brokerName>MORGAN STANLEY &amp; CO. LLC.</brokerName>
            <brokerFileNo>8-15869</brokerFileNo>
            <brokerCrdNo>000008209</brokerCrdNo>
            <brokerLei>9R7GPTSO7KV3UQJZQ078</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>9143.39</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS SECURITIES LLC</brokerName>
            <brokerFileNo>8-16267</brokerFileNo>
            <brokerCrdNo>000008174</brokerCrdNo>
            <brokerLei>T6FIZBDPKLYJKFCRVK44</brokerLei>
            <brokerStateCountry brokerState="US-NJ" brokerCountry="US"/>
            <grossCommission>1634.44</grossCommission>
          </broker>
          <broker>
            <brokerName>BNY MELLON CAPITAL MARKETS LLC</brokerName>
            <brokerFileNo>8-46838</brokerFileNo>
            <brokerCrdNo>000035693</brokerCrdNo>
            <brokerLei>VJW2DOOHGDT6PR0ZRO63</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>5148.55</grossCommission>
          </broker>
          <broker>
            <brokerName>DEUTSCHE BANK SECURITIES CORP.</brokerName>
            <brokerFileNo>8-17822</brokerFileNo>
            <brokerCrdNo>000002525</brokerCrdNo>
            <brokerLei>9J6MBOOO7BECTDTUZW19</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>367.74</grossCommission>
          </broker>
          <broker>
            <brokerName>MERRILL LYNCH PIERCE FENNER &amp; SMITH</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>DWW559HN8WVTCCS4VJ94</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>827.47</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>19855.23</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>8I5DZWZKVSZI1NUHU748</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1267028.86</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>M3 CAPITAL PARTNERS</principalName>
            <principalFileNo>8-47198</principalFileNo>
            <principalCrdNo>000036368</principalCrdNo>
            <principalLei>549300670K07JRB5UQ40</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1404877.94</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MERRILL LYNCH PIERCE FENNER &amp; SMITH</principalName>
            <principalFileNo>8-7221</principalFileNo>
            <principalCrdNo>000007691</principalCrdNo>
            <principalLei>DWW559HN8WVTCCS4VJ94</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>2584824.88</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>GOLDMAN SACHS CO.</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>2178222.85</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>WELLS FARGO SECURITIES LLC</principalName>
            <principalFileNo>8-65876</principalFileNo>
            <principalCrdNo>000126292</principalCrdNo>
            <principalLei>VYVVCKR63DVZZN70PB21</principalLei>
            <principalStateCountry principalState="US-NC" principalCountry="US"/>
            <principalTotalPurchaseSale>95368.65</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MORGAN STANLEY &amp; CO. LLC.</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>9645995.56000001</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>COMPUTERSHARE TRUST CO. (TRANSFER AGENT)</principalName>
            <principalFileNo>8-53022</principalFileNo>
            <principalCrdNo>000107023</principalCrdNo>
            <principalLei>2549001YYB62BVMSAO13</principalLei>
            <principalStateCountry principalState="US-IL" principalCountry="US"/>
            <principalTotalPurchaseSale>283480</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>17459798.74</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>216069910.733077</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <interfundLendingDetails isInterfundLending="Y">
          <interfundLending interfundLendingLoanAverage="8565000" interfundLendingDaysOutstanding="3"/>
          <interfundLending interfundLendingLoanAverage="5915000" interfundLendingDaysOutstanding="1"/>
        </interfundLendingDetails>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Equity Income Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000014083</mgmtInvSeriesId>
        <mgmtInvLei>54930095K9Z8PBKMWU68</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>2</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 2" sharesOutstandingClassId="C000038529" sharesOutstandingTickerSymbol="N/A"/>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000038528" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Bank of New York Mellon</securitiesAgentName>
            <securitiesAgentLei>HPFHU0OQ28E4N0NFVK49</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="Bank of New York Mellon" idemnityProviderLei="HPFHU0OQ28E4N0NFVK49"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="Principal Global Investors, LLC" collateralManagerLei="549300BABIOZPCNHMB89" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
          <collateralManager collateralManagerName="BlackRock Advisors, LLC" collateralManagerLei="5493001LN9MRM6A35J74" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>2467026.91000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>14169.21000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>CIBC Mellon Trust Company</custodianName>
            <custodianLei>549300IYUUH221WBZ505</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Hongkong and Shangai Banking Corporation, Bangkok</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>TH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>Euroclear Bank, Brussels</custodianName>
            <custodianLei>549300OZ46BRLZ8Y6F65</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokers>
          <broker>
            <brokerName>LIQUIDNET</brokerName>
            <brokerFileNo>8-52461</brokerFileNo>
            <brokerCrdNo>000103987</brokerCrdNo>
            <brokerLei>213800HSKBBO1GCVRG79</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>6454.37</grossCommission>
          </broker>
          <broker>
            <brokerName>NOMURA SECURITIES INT'L INC.</brokerName>
            <brokerFileNo>8-15255</brokerFileNo>
            <brokerCrdNo>000004297</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>48379.66</grossCommission>
          </broker>
          <broker>
            <brokerName>WEEDEN &amp; CO.</brokerName>
            <brokerFileNo>8-37267</brokerFileNo>
            <brokerCrdNo>000016835</brokerCrdNo>
            <brokerLei>549300OYBLKSN8M8EW67</brokerLei>
            <brokerStateCountry brokerState="US-CT" brokerCountry="US"/>
            <grossCommission>4378.17</grossCommission>
          </broker>
          <broker>
            <brokerName>J.P. MORGAN SECURITIES LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>8I5DZWZKVSZI1NUHU748</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>4538.57</grossCommission>
          </broker>
          <broker>
            <brokerName>COWEN GROUP INC.</brokerName>
            <brokerFileNo>8-22522</brokerFileNo>
            <brokerCrdNo>000007616</brokerCrdNo>
            <brokerLei>549300WR155U7DVMIW58</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>13384.39</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS SECURITIES LLC</brokerName>
            <brokerFileNo>8-16267</brokerFileNo>
            <brokerCrdNo>000008174</brokerCrdNo>
            <brokerLei>T6FIZBDPKLYJKFCRVK44</brokerLei>
            <brokerStateCountry brokerState="US-NJ" brokerCountry="US"/>
            <grossCommission>5418.68</grossCommission>
          </broker>
          <broker>
            <brokerName>RBC DOMINION SECURITIES CORP.</brokerName>
            <brokerFileNo>8-45411</brokerFileNo>
            <brokerCrdNo>000031194</brokerCrdNo>
            <brokerLei>549300LCO2FLSSVFFR64</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>5569.16</grossCommission>
          </broker>
          <broker>
            <brokerName>ITG INC</brokerName>
            <brokerFileNo>8-44218</brokerFileNo>
            <brokerCrdNo>000029299</brokerCrdNo>
            <brokerLei>549300S41SMIODVIT266</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>8332.66</grossCommission>
          </broker>
          <broker>
            <brokerName>JEFFERIES &amp; COMPANY</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>14095.65</grossCommission>
          </broker>
          <broker>
            <brokerName>BIDS TRADING LTD</brokerName>
            <brokerFileNo>8-67376</brokerFileNo>
            <brokerCrdNo>000141296</brokerCrdNo>
            <brokerLei>254900J9JVL76SF70898</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>5212.28</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>149767.75</aggregateCommission>
        <principalAggregatePurchase>0</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>726782277.958461</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <interfundLendingDetails isInterfundLending="Y">
          <interfundLending interfundLendingLoanAverage="1050000" interfundLendingDaysOutstanding="1"/>
          <interfundLending interfundLendingLoanAverage="395000" interfundLendingDaysOutstanding="1"/>
          <interfundLending interfundLendingLoanAverage="4560000" interfundLendingDaysOutstanding="1"/>
        </interfundLendingDetails>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>SAM Conservative Growth Portfolio</mgmtInvFundName>
        <mgmtInvSeriesId>S000014092</mgmtInvSeriesId>
        <mgmtInvLei>5493002VYNCSNJ8WC434</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>2</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000038546" sharesOutstandingTickerSymbol="N/A"/>
          <sharesOutstanding sharesOutstandingClassName="Class 2" sharesOutstandingClassId="C000038547" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Fund of Funds</fundType>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokers>
          <broker>
            <brokerName>WALLACHBETH CAPITAL</brokerName>
            <brokerFileNo>8-67936</brokerFileNo>
            <brokerCrdNo>000147853</brokerCrdNo>
            <brokerLei>549300R371KUKXEXC133</brokerLei>
            <brokerStateCountry brokerState="US-NJ" brokerCountry="US"/>
            <grossCommission>18121.53</grossCommission>
          </broker>
          <broker>
            <brokerName>MISCHLER FINANCIAL GROUP INC.</brokerName>
            <brokerFileNo>8-48067</brokerFileNo>
            <brokerCrdNo>000037818</brokerCrdNo>
            <brokerLei>2549004IPXPSM9EJFC92</brokerLei>
            <brokerStateCountry brokerState="US-CA" brokerCountry="US"/>
            <grossCommission>501.8</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>18623.33</aggregateCommission>
        <principalAggregatePurchase>109241517.61</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>336228091.612308</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Principal LifeTime 2060 Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000040678</mgmtInvSeriesId>
        <mgmtInvLei>5493005NXO1E7X1EOC10</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000126088" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Fund of Funds</fundType>
          <fundType>Target Date Fund</fundType>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <aggregateCommission>0</aggregateCommission>
        <principalAggregatePurchase>7394121.19</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>6565393.55615384</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Diversified International Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000007681</mgmtInvSeriesId>
        <mgmtInvLei>549300XLR59MVKHLR021</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>1</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000020929" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Bank of New York Mellon</securitiesAgentName>
            <securitiesAgentLei>HPFHU0OQ28E4N0NFVK49</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="Bank of New York Mellon" idemnityProviderLei="HPFHU0OQ28E4N0NFVK49"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="BlackRock Advisors, LLC" collateralManagerLei="5493001LN9MRM6A35J74" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
          <collateralManager collateralManagerName="Principal Global Investors, LLC" collateralManagerLei="549300BABIOZPCNHMB89" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>504509.78300000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>11071.59000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>UniCredit Bank Austria AG</custodianName>
            <custodianLei>D1HEB8VEU6D9M8ZUXG17</custodianLei>
            <custodianCountry>AT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Bank of New York Mellon SA/NV</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC Bank Middle East Limited, Dubai</custodianName>
            <custodianLei>549300F99IL9YJDWH369</custodianLei>
            <custodianCountry>AE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>NATIONAL BANK OF BELGIUM</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE PLC</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>PT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Polska Kasa Opieki S.A.</custodianName>
            <custodianLei>5493000LKS7B3UTF7H35</custodianLei>
            <custodianCountry>PL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>MUFG Bank, Ltd</custodianName>
            <custodianLei>549300OB5SQ53A8BTO30</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank N.A., Brazilian Branch</custodianName>
            <custodianLei>1P0UUG7LC1S92QTNHG39</custodianLei>
            <custodianCountry>BR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Hongkong and Shangai Banking Corporation, Bangkok</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>TH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>PJSC ROSBANK</custodianName>
            <custodianLei>254900SQM7KOUO7DBM54</custodianLei>
            <custodianCountry>RU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Hongkong and Shanghai Banking Corporation, Hong Kong</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank AG, Seoul Branch</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>KR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Securities Services, Athens</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>GR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Euroclear Bank, Brussels</custodianName>
            <custodianLei>549300OZ46BRLZ8Y6F65</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Banco Bilbao Vizcaya Argentaria, Madrid</custodianName>
            <custodianLei>K8MS7FD7N5Z2WQ51AZ71</custodianLei>
            <custodianCountry>ES</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC Bank Australia Limited</custodianName>
            <custodianLei>DY9DBNI4W8J63Z298033</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Cititrust S.A., Bogota</custodianName>
            <custodianLei>549300NMTWZ8076A0603</custodianLei>
            <custodianCountry>CO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank Europe plc, Hungarian Branch Office</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>HU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>ESES FRANCE BEARER</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>FR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Hapoalim B.M.</custodianName>
            <custodianLei>B6ARUI4946ST4S7WOU88</custodianLei>
            <custodianCountry>IL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Bank of New York Mellon SA/NV</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC Bank Bermuda Limited, Hamilton</custodianName>
            <custodianLei>0W1U67PTV5WY3WYWKD79</custodianLei>
            <custodianCountry>BM</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC Shanghai-Hong Kong Stock Connect SPSA</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank AG, Jakarta</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ID</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank Maghreb</custodianName>
            <custodianLei>5493003FVWLMBFTISI11</custodianLei>
            <custodianCountry>MA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Skandinaviska Enskilda Banken, Helsinki branch</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC SHENZHEN</custodianName>
            <custodianLei>213800H3TEBTFHD5JR69</custodianLei>
            <custodianCountry>CN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank, Istanbul</custodianName>
            <custodianLei>789000N5SE3LWDK7OI11</custodianLei>
            <custodianCountry>TR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citbank Europe plc</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibanamex, Mexico City</custodianName>
            <custodianLei>549300DHL7BK624NK881</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank AG Mumbai</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>IN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC Bank Middle East Limited, Doha</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>QA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Standard Bank of South Africa, Johannesburg</custodianName>
            <custodianLei>QFC8ZCW3Q5PRXU1XTM60</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Euroclear Belgium</custodianName>
            <custodianLei>21380014SJC1QPK8O356</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC SHANGHAI</custodianName>
            <custodianLei>2CZOJRADNJXBLT55G526</custodianLei>
            <custodianCountry>CN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank (Malaysia) Berhad</custodianName>
            <custodianLei>529900DLWFR8HK7DR278</custodianLei>
            <custodianCountry>MY</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CIBC Mellon Trust Company</custodianName>
            <custodianLei>549300IYUUH221WBZ505</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Credit Suisse (Switzerland) Ltd</custodianName>
            <custodianLei>549300CWR0W0BCS9Q144</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank AG, Manila Branch</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>PH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Bank of New York Mellon SA/NV, Asset Servicing, Niederlassung Frankfurt am Main</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>ESES FRANCE REGISTERED</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>FR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Banco de Chile</custodianName>
            <custodianLei>8B4EZFY8IHJC44TT2K84</custodianLei>
            <custodianCountry>CL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Skandinaviska Enskilda Banken AB, Copenhagen Branch</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>DK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Skandinaviska Enskilda Banken, Stockholm</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>SE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC Bank (Taiwan) Limited</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>TW</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>DBS Bank Ltd, Singapore</custodianName>
            <custodianLei>ATUEL7OJR5057F2PV266</custodianLei>
            <custodianCountry>SG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC New Zealand</custodianName>
            <custodianLei>213800NHDWIZKO5KIH05</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Skandinaviska Enskilda Banken AB, Oslo Branch</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>NO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONGKONG AND SHANGHAI BANKING CORPORATION, HONG KONG</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC SAUDI ARABIA LIMITED</custodianName>
            <custodianLei>2138009S6SHV5GLS7987</custodianLei>
            <custodianCountry>SA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE BANK OF NEW YORK MELLON</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>AT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE BANK OF NEW YORK MELLON</custodianName>
            <custodianLei>MMYX0N4ZEZ13Z4XCG897</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE BANK OF NEW YORK MELLON</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE BANK OF NEW YORK MELLON</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE BANK OF NEW YORK MELLON</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>FR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE BANK OF NEW YORK MELLON</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>GR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE BANK OF NEW YORK MELLON</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianCountry>IE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE BANK OF NEW YORK MELLON</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>PT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE BANK OF NEW YORK MELLON</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ES</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE BANK OF NEW YORK MELLON</custodianName>
            <custodianLei>549300KP56LL8NKKFL47</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>Y</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokers>
          <broker>
            <brokerName>MERRILL LYNCH PIERCE FENNER &amp; SMITH</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>DWW559HN8WVTCCS4VJ94</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>8916.2</grossCommission>
          </broker>
          <broker>
            <brokerName>ITG INC</brokerName>
            <brokerFileNo>8-44218</brokerFileNo>
            <brokerCrdNo>000029299</brokerCrdNo>
            <brokerLei>549300S41SMIODVIT266</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>7792.46</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS SECURITIES LLC</brokerName>
            <brokerFileNo>8-16267</brokerFileNo>
            <brokerCrdNo>000008174</brokerCrdNo>
            <brokerLei>T6FIZBDPKLYJKFCRVK44</brokerLei>
            <brokerStateCountry brokerState="US-NJ" brokerCountry="US"/>
            <grossCommission>19363.33</grossCommission>
          </broker>
          <broker>
            <brokerName>JEFFERIES &amp; COMPANY</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>7857.5</grossCommission>
          </broker>
          <broker>
            <brokerName>MORGAN STANLEY &amp; CO. LLC.</brokerName>
            <brokerFileNo>8-15869</brokerFileNo>
            <brokerCrdNo>000008209</brokerCrdNo>
            <brokerLei>9R7GPTSO7KV3UQJZQ078</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>11579.6</grossCommission>
          </broker>
          <broker>
            <brokerName>J.P. MORGAN SECURITIES LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>8I5DZWZKVSZI1NUHU748</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>11411.34</grossCommission>
          </broker>
          <broker>
            <brokerName>CITIGROUP GLOBAL MARKETS</brokerName>
            <brokerFileNo>8-8177</brokerFileNo>
            <brokerCrdNo>000007059</brokerCrdNo>
            <brokerLei>MBNUM2BPBDO7JBLYG310</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>13411.52</grossCommission>
          </broker>
          <broker>
            <brokerName>CREDIT SUISSE GROUP</brokerName>
            <brokerFileNo>8-00422</brokerFileNo>
            <brokerCrdNo>000000816</brokerCrdNo>
            <brokerLei>1V8Y6QCX6YMJ2OELII46</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>28534.49</grossCommission>
          </broker>
          <broker>
            <brokerName>MIZUHO SECURITIES USA INC.</brokerName>
            <brokerFileNo>8-37710</brokerFileNo>
            <brokerCrdNo>000019647</brokerCrdNo>
            <brokerLei>5493004GRDTUI7EMIZ82</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>8209.01</grossCommission>
          </broker>
          <broker>
            <brokerName>GOLDMAN SACHS CO.</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>9522.05</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>193377.85</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>NOMURA SECURITIES INT'L INC.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>69133.05</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>CREDIT SUISSE GROUP</principalName>
            <principalFileNo>8-00422</principalFileNo>
            <principalCrdNo>000000816</principalCrdNo>
            <principalLei>1V8Y6QCX6YMJ2OELII46</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>10.21</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>8I5DZWZKVSZI1NUHU748</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>282180.91</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>CITIGROUP GLOBAL MARKETS</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>725587.07</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>1360154.78</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>253590176.160769</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <interfundLendingDetails isInterfundLending="Y">
          <interfundLending interfundLendingLoanAverage="675000" interfundLendingDaysOutstanding="1"/>
          <interfundLending interfundLendingLoanAverage="250000" interfundLendingDaysOutstanding="1"/>
        </interfundLendingDetails>
        <interfundBorrowingDetails isInterfundBorrowing="Y">
          <interfundBorrowing interfundBorrowingLoanAverage="865000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="505000" interfundBorrowingDaysOutstanding="3"/>
          <interfundBorrowing interfundBorrowingLoanAverage="245000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="935000" interfundBorrowingDaysOutstanding="3"/>
          <interfundBorrowing interfundBorrowingLoanAverage="165000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="965000" interfundBorrowingDaysOutstanding="3"/>
          <interfundBorrowing interfundBorrowingLoanAverage="150000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="205000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="1170000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="95000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="1095000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="500000" interfundBorrowingDaysOutstanding="1"/>
          <interfundBorrowing interfundBorrowingLoanAverage="305000" interfundBorrowingDaysOutstanding="1"/>
        </interfundBorrowingDetails>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Bond Market Index Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000036925</mgmtInvSeriesId>
        <mgmtInvLei>XV2FWAFNFG2HGG2E0I15</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000112990" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
          <indexFundInfo fundType="Index Fund">
            <isIndexFundAffiliated>N</isIndexFundAffiliated>
            <isIndexFundExclusive>N</isIndexFundExclusive>
            <indexFundReturnDiffBeforeExpense>-0.08</indexFundReturnDiffBeforeExpense>
            <indexFundReturnDiffAfterExpense>-0.25</indexFundReturnDiffAfterExpense>
            <indexFundReturnDailyStdevBeforeExpense>0.15</indexFundReturnDailyStdevBeforeExpense>
            <indexFundReturnDailyStdevAfterExpense>0.15</indexFundReturnDailyStdevAfterExpense>
          </indexFundInfo>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Bank of New York Mellon</securitiesAgentName>
            <securitiesAgentLei>HPFHU0OQ28E4N0NFVK49</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="Bank of New York Mellon" idemnityProviderLei="HPFHU0OQ28E4N0NFVK49"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="BlackRock Advisors, LLC" collateralManagerLei="5493001LN9MRM6A35J74" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
          <collateralManager collateralManagerName="Principal Global Investors, LLC" collateralManagerLei="549300BABIOZPCNHMB89" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>3510392.95000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>11321.48000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <subAdvisersTerminated>
          <subAdviserTerminated>
            <subAdviserTerminatedName>Mellon Investments Corporation</subAdviserTerminatedName>
            <subAdviserTerminatedFileNo>801-19785</subAdviserTerminatedFileNo>
            <subAdviserTerminatedCrdNo>000105764</subAdviserTerminatedCrdNo>
            <subAdviserTerminatedLei>YP72O3NKHJPQEEM7IG98</subAdviserTerminatedLei>
            <subAdviserTerminatedStateCountry subAdviserTerminatedState="US-MA" subAdviserTerminatedCountry="US"/>
            <subAdviserTerminationDate>2019-06-25</subAdviserTerminationDate>
          </subAdviserTerminated>
        </subAdvisersTerminated>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>Euroclear Bank, Brussels</custodianName>
            <custodianLei>549300OZ46BRLZ8Y6F65</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>Y</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokers>
          <broker>
            <brokerName>JANE STREET CAPITAL</brokerName>
            <brokerFileNo>8-52275</brokerFileNo>
            <brokerCrdNo>000103782</brokerCrdNo>
            <brokerLei>549300ZM16HMPEPNV857</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>6550.9</grossCommission>
          </broker>
          <broker>
            <brokerName>MERRILL LYNCH PIERCE FENNER &amp; SMITH</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>DWW559HN8WVTCCS4VJ94</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>11930</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>18480.9</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>CITIGROUP GLOBAL MARKETS</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>186253011.58</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MORGAN STANLEY &amp; CO. LLC.</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>563995979.33</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BARCLAYS CAPITAL INC.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>G5GSEF7VJP5I7OUK5573</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>177870746.24</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>NOMURA SECURITIES INT'L INC.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>741059703.01</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MERRILL LYNCH PIERCE FENNER &amp; SMITH</principalName>
            <principalFileNo>8-7221</principalFileNo>
            <principalCrdNo>000007691</principalCrdNo>
            <principalLei>DWW559HN8WVTCCS4VJ94</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>279560897.36</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BNP PARIBAS SECURITIES CORP</principalName>
            <principalFileNo>8-32682</principalFileNo>
            <principalCrdNo>000015794</principalCrdNo>
            <principalLei>2J5703FH5U5M97R1I237</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>85414970.21</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>GOLDMAN SACHS CO.</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>423299868.44</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>8I5DZWZKVSZI1NUHU748</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>229128945.15</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BANCAMERICA SECURITIES INC.</principalName>
            <principalFileNo>8-35968</principalFileNo>
            <principalCrdNo>000017977</principalCrdNo>
            <principalLei>N/A</principalLei>
            <principalStateCountry principalState="US-CA" principalCountry="US"/>
            <principalTotalPurchaseSale>164968798.64</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>WELLS FARGO SECURITIES LLC</principalName>
            <principalFileNo>8-65876</principalFileNo>
            <principalCrdNo>000126292</principalCrdNo>
            <principalLei>VYVVCKR63DVZZN70PB21</principalLei>
            <principalStateCountry principalState="US-NC" principalCountry="US"/>
            <principalTotalPurchaseSale>1092034357.69</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>4524168816.55001</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>2444571978.77538</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <interfundLendingDetails isInterfundLending="Y">
          <interfundLending interfundLendingLoanAverage="5370000" interfundLendingDaysOutstanding="1"/>
          <interfundLending interfundLendingLoanAverage="5420000" interfundLendingDaysOutstanding="1"/>
          <interfundLending interfundLendingLoanAverage="85000" interfundLendingDaysOutstanding="3"/>
          <interfundLending interfundLendingLoanAverage="21830000" interfundLendingDaysOutstanding="1"/>
          <interfundLending interfundLendingLoanAverage="89400000" interfundLendingDaysOutstanding="1"/>
        </interfundLendingDetails>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>SAM Conservative Balanced Portfolio</mgmtInvFundName>
        <mgmtInvSeriesId>S000014091</mgmtInvSeriesId>
        <mgmtInvLei>549300XB7TM7VTQZRV55</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>2</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000038545" sharesOutstandingTickerSymbol="N/A"/>
          <sharesOutstanding sharesOutstandingClassName="Class 2" sharesOutstandingClassId="C000038544" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Fund of Funds</fundType>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokers>
          <broker>
            <brokerName>WALLACHBETH CAPITAL</brokerName>
            <brokerFileNo>8-67936</brokerFileNo>
            <brokerCrdNo>000147853</brokerCrdNo>
            <brokerLei>549300R371KUKXEXC133</brokerLei>
            <brokerStateCountry brokerState="US-NJ" brokerCountry="US"/>
            <grossCommission>6437.18</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>6437.18</aggregateCommission>
        <principalAggregatePurchase>116773340.09</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>185753126.793846</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Core Plus Bond Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000007677</mgmtInvSeriesId>
        <mgmtInvLei>549300R16K60OF9D6681</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>1</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000020925" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Bank of New York Mellon</securitiesAgentName>
            <securitiesAgentLei>HPFHU0OQ28E4N0NFVK49</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="Bank of New York Mellon" idemnityProviderLei="HPFHU0OQ28E4N0NFVK49"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="BlackRock Advisors, LLC" collateralManagerLei="5493001LN9MRM6A35J74" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
          <collateralManager collateralManagerName="Principal Global Investors, LLC" collateralManagerLei="549300BABIOZPCNHMB89" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>787940.84900000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>3317.26000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 17a-8 (17 CFR 270.17a-8)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>Euroclear Bank, Brussels</custodianName>
            <custodianLei>549300OZ46BRLZ8Y6F65</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BANK POLSKA KASA OPIEKI S.A.</custodianName>
            <custodianLei>5493000LKS7B3UTF7H35</custodianLei>
            <custodianCountry>PL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANAMEX, MEXICO CITY</custodianName>
            <custodianLei>549300DHL7BK624NK881</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK N.A., BRAZILIAN BRANCH</custodianName>
            <custodianLei>1P0UUG7LC1S92QTNHG39</custodianLei>
            <custodianCountry>BR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK N.A., SUCURSAL DE LIMA</custodianName>
            <custodianLei>MYTK5NHHP1G8TVFGT193</custodianLei>
            <custodianCountry>PE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD BANK OF SOUTH AFRICA, JOHANNESBURG</custodianName>
            <custodianLei>QFC8ZCW3Q5PRXU1XTM60</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>Y</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokers>
          <broker>
            <brokerName>BARCLAYS CAPITAL INC.</brokerName>
            <brokerFileNo>8-41342</brokerFileNo>
            <brokerCrdNo>000019714</brokerCrdNo>
            <brokerLei>G5GSEF7VJP5I7OUK5573</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>938.62</grossCommission>
          </broker>
          <broker>
            <brokerName>JANE STREET CAPITAL</brokerName>
            <brokerFileNo>8-52275</brokerFileNo>
            <brokerCrdNo>000103782</brokerCrdNo>
            <brokerLei>549300ZM16HMPEPNV857</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>1075.98</grossCommission>
          </broker>
          <broker>
            <brokerName>DAVID J. GREENE &amp; COMPANY LLC</brokerName>
            <brokerFileNo>8-4240</brokerFileNo>
            <brokerCrdNo>000002072</brokerCrdNo>
            <brokerLei>N/A</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>323.97</grossCommission>
          </broker>
          <broker>
            <brokerName>GUZMAN &amp; COMPANY</brokerName>
            <brokerFileNo>8-38646</brokerFileNo>
            <brokerCrdNo>000021013</brokerCrdNo>
            <brokerLei>549300E7R8O8EHE8SN83</brokerLei>
            <brokerStateCountry brokerState="US-FL" brokerCountry="US"/>
            <grossCommission>12.09</grossCommission>
          </broker>
          <broker>
            <brokerName>JONES TRADING INSTITUTIONAL SERVICES LLC</brokerName>
            <brokerFileNo>8-26089</brokerFileNo>
            <brokerCrdNo>000006888</brokerCrdNo>
            <brokerLei>2138008JJ5PA8H5UIL69</brokerLei>
            <brokerStateCountry brokerState="US-CA" brokerCountry="US"/>
            <grossCommission>35.74</grossCommission>
          </broker>
          <broker>
            <brokerName>CITIGROUP GLOBAL MARKETS</brokerName>
            <brokerFileNo>8-8177</brokerFileNo>
            <brokerCrdNo>000007059</brokerCrdNo>
            <brokerLei>MBNUM2BPBDO7JBLYG310</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>87.55</grossCommission>
          </broker>
          <broker>
            <brokerName>MERRILL LYNCH PIERCE FENNER &amp; SMITH</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>DWW559HN8WVTCCS4VJ94</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>499.83</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>2973.78</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>BNP PARIBAS SECURITIES CORP</principalName>
            <principalFileNo>8-32682</principalFileNo>
            <principalCrdNo>000015794</principalCrdNo>
            <principalLei>2J5703FH5U5M97R1I237</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>16502572.84</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>8I5DZWZKVSZI1NUHU748</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>287613048.38</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BARCLAYS CAPITAL INC.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>G5GSEF7VJP5I7OUK5573</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>45787177.15</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MORGAN STANLEY &amp; CO. LLC.</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>71828102.84</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>CREDIT SUISSE GROUP</principalName>
            <principalFileNo>8-00422</principalFileNo>
            <principalCrdNo>000000816</principalCrdNo>
            <principalLei>1V8Y6QCX6YMJ2OELII46</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>10801657.88</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>GOLDMAN SACHS CO.</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>27738835.31</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>WELLS FARGO SECURITIES LLC</principalName>
            <principalFileNo>8-65876</principalFileNo>
            <principalCrdNo>000126292</principalCrdNo>
            <principalLei>VYVVCKR63DVZZN70PB21</principalLei>
            <principalStateCountry principalState="US-NC" principalCountry="US"/>
            <principalTotalPurchaseSale>145895777.41</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>CITIGROUP GLOBAL MARKETS</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>99603930.3600001</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>NOMURA SECURITIES INT'L INC.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>36688614.37</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MERRILL LYNCH PIERCE FENNER &amp; SMITH</principalName>
            <principalFileNo>8-7221</principalFileNo>
            <principalCrdNo>000007691</principalCrdNo>
            <principalLei>DWW559HN8WVTCCS4VJ94</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>130721891</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>946166874.159999</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>292535656.775384</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <interfundLendingDetails isInterfundLending="Y">
          <interfundLending interfundLendingLoanAverage="5960000" interfundLendingDaysOutstanding="4"/>
          <interfundLending interfundLendingLoanAverage="2135000" interfundLendingDaysOutstanding="3"/>
          <interfundLending interfundLendingLoanAverage="7540000" interfundLendingDaysOutstanding="1"/>
        </interfundLendingDetails>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Principal Capital Appreciation Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000014085</mgmtInvSeriesId>
        <mgmtInvLei>549300FM1I0HUT5J2M08</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>2</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 2" sharesOutstandingClassId="C000038533" sharesOutstandingTickerSymbol="N/A"/>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000038532" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Bank of New York Mellon</securitiesAgentName>
            <securitiesAgentLei>HPFHU0OQ28E4N0NFVK49</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="Bank of New York Mellon" idemnityProviderLei="HPFHU0OQ28E4N0NFVK49"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="BlackRock Advisors, LLC" collateralManagerLei="5493001LN9MRM6A35J74" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
          <collateralManager collateralManagerName="Principal Global Investors, LLC" collateralManagerLei="549300BABIOZPCNHMB89" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>74988.89000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>193.66000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokers>
          <broker>
            <brokerName>CREDIT AGRICOLE CORP INVESTMENT BANKING</brokerName>
            <brokerFileNo>8-13753</brokerFileNo>
            <brokerCrdNo>000000190</brokerCrdNo>
            <brokerLei>969500TJ5KRTCJQWXH05</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>5790.21</grossCommission>
          </broker>
          <broker>
            <brokerName>LIQUIDNET</brokerName>
            <brokerFileNo>8-52461</brokerFileNo>
            <brokerCrdNo>000103987</brokerCrdNo>
            <brokerLei>213800HSKBBO1GCVRG79</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>2245.1</grossCommission>
          </broker>
          <broker>
            <brokerName>RILEY (B.) &amp; COMPANY INC.</brokerName>
            <brokerFileNo>8-49016</brokerFileNo>
            <brokerCrdNo>000040355</brokerCrdNo>
            <brokerLei>N/A</brokerLei>
            <brokerStateCountry brokerState="US-CA" brokerCountry="US"/>
            <grossCommission>3354.52</grossCommission>
          </broker>
          <broker>
            <brokerName>ITG INC</brokerName>
            <brokerFileNo>8-44218</brokerFileNo>
            <brokerCrdNo>000029299</brokerCrdNo>
            <brokerLei>549300S41SMIODVIT266</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>2961.09</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS SECURITIES LLC</brokerName>
            <brokerFileNo>8-16267</brokerFileNo>
            <brokerCrdNo>000008174</brokerCrdNo>
            <brokerLei>T6FIZBDPKLYJKFCRVK44</brokerLei>
            <brokerStateCountry brokerState="US-NJ" brokerCountry="US"/>
            <grossCommission>2436.85</grossCommission>
          </broker>
          <broker>
            <brokerName>WEEDEN &amp; CO.</brokerName>
            <brokerFileNo>8-37267</brokerFileNo>
            <brokerCrdNo>000016835</brokerCrdNo>
            <brokerLei>549300OYBLKSN8M8EW67</brokerLei>
            <brokerStateCountry brokerState="US-CT" brokerCountry="US"/>
            <grossCommission>2061.94</grossCommission>
          </broker>
          <broker>
            <brokerName>NOMURA SECURITIES INT'L INC.</brokerName>
            <brokerFileNo>8-15255</brokerFileNo>
            <brokerCrdNo>000004297</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>19727.99</grossCommission>
          </broker>
          <broker>
            <brokerName>MKM PARTNERS</brokerName>
            <brokerFileNo>8-53436</brokerFileNo>
            <brokerCrdNo>000114666</brokerCrdNo>
            <brokerLei>54930015ODYESNP2QX15</brokerLei>
            <brokerStateCountry brokerState="US-CT" brokerCountry="US"/>
            <grossCommission>2669.99</grossCommission>
          </broker>
          <broker>
            <brokerName>EVERCORE PARTNERS</brokerName>
            <brokerFileNo>8-49830</brokerFileNo>
            <brokerCrdNo>000042405</brokerCrdNo>
            <brokerLei>213800AABECOIDY85761</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>2940.61</grossCommission>
          </broker>
          <broker>
            <brokerName>COWEN GROUP INC.</brokerName>
            <brokerFileNo>8-22522</brokerFileNo>
            <brokerCrdNo>000007616</brokerCrdNo>
            <brokerLei>549300WR155U7DVMIW58</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>7271.92</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>69318.36</aggregateCommission>
        <principalAggregatePurchase>0</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>150577628.417692</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <interfundLendingDetails isInterfundLending="Y">
          <interfundLending interfundLendingLoanAverage="1340000" interfundLendingDaysOutstanding="1"/>
          <interfundLending interfundLendingLoanAverage="655000" interfundLendingDaysOutstanding="1"/>
        </interfundLendingDetails>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Short-Term Income Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000014089</mgmtInvSeriesId>
        <mgmtInvLei>3NC57XZ3EWJG4SIFX606</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>1</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 1" sharesOutstandingClassId="C000038541" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Bank of New York Mellon</securitiesAgentName>
            <securitiesAgentLei>HPFHU0OQ28E4N0NFVK49</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="Bank of New York Mellon" idemnityProviderLei="HPFHU0OQ28E4N0NFVK49"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="Principal Global Investors, LLC" collateralManagerLei="549300BABIOZPCNHMB89" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
          <collateralManager collateralManagerName="BlackRock Advisors, LLC" collateralManagerLei="5493001LN9MRM6A35J74" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>2551417.02000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>6353.21000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <aggregateCommission>0</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>8I5DZWZKVSZI1NUHU748</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>10625306.34</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>GOLDMAN SACHS CO.</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>6176384.54</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MORGAN STANLEY &amp; CO. LLC.</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>37144029.22</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>TD BANK FINANCIAL GROUP</principalName>
            <principalFileNo>8-36747</principalFileNo>
            <principalCrdNo>000018476</principalCrdNo>
            <principalLei>N/A</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>9189997.93</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BARCLAYS CAPITAL INC.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>G5GSEF7VJP5I7OUK5573</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>10147951.82</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MERRILL LYNCH PIERCE FENNER &amp; SMITH</principalName>
            <principalFileNo>8-7221</principalFileNo>
            <principalCrdNo>000007691</principalCrdNo>
            <principalLei>DWW559HN8WVTCCS4VJ94</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>4305282.11</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>WELLS FARGO SECURITIES LLC</principalName>
            <principalFileNo>8-65876</principalFileNo>
            <principalCrdNo>000126292</principalCrdNo>
            <principalLei>VYVVCKR63DVZZN70PB21</principalLei>
            <principalStateCountry principalState="US-NC" principalCountry="US"/>
            <principalTotalPurchaseSale>8785029.04</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MIZUHO SECURITIES USA INC.</principalName>
            <principalFileNo>8-37710</principalFileNo>
            <principalCrdNo>000019647</principalCrdNo>
            <principalLei>5493004GRDTUI7EMIZ82</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>12765539.71</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MUFG SECURITIES AMERICAS INC</principalName>
            <principalFileNo>8-43026</principalFileNo>
            <principalCrdNo>000019685</principalCrdNo>
            <principalLei>K5HU16E3LMSVCCJJJ255</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>5767923.05</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>CITIGROUP GLOBAL MARKETS</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>5406767.34</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>134943763.61</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>137695505.931538</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <interfundLendingDetails isInterfundLending="Y">
          <interfundLending interfundLendingLoanAverage="60000" interfundLendingDaysOutstanding="3"/>
          <interfundLending interfundLendingLoanAverage="1065000" interfundLendingDaysOutstanding="1"/>
          <interfundLending interfundLendingLoanAverage="2680000" interfundLendingDaysOutstanding="3"/>
        </interfundLendingDetails>
        <interfundBorrowingDetails isInterfundBorrowing="Y">
          <interfundBorrowing interfundBorrowingLoanAverage="385000" interfundBorrowingDaysOutstanding="4"/>
        </interfundBorrowingDetails>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Diversified Income Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000036926</mgmtInvSeriesId>
        <mgmtInvLei>549300MYVXHNUIGC3O13</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 2" sharesOutstandingClassId="C000112991" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Fund of Funds</fundType>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <aggregateCommission>0</aggregateCommission>
        <principalAggregatePurchase>146270166.55</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>264431394.322307</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Diversified Growth Managed Volatility Account</mgmtInvFundName>
        <mgmtInvSeriesId>S000042786</mgmtInvSeriesId>
        <mgmtInvLei>549300XVZ8MT7B4LT803</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class 2" sharesOutstandingClassId="C000132329" sharesOutstandingTickerSymbol="N/A"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Fund of Funds</fundType>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Principal Global Investors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-55959</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000109002</investmentAdviserCrdNo>
            <investmentAdviserLei>549300BABIOZPCNHMB89</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-DE" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>084-00896</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>Principal Shareholder Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-05657</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-CA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Pricing &amp; Reference Data, LLC</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPM PricingDirect</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Principal Shareholder Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-05657</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-CA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>084-00896</shareholderServiceAgentLei>
            <shareholderServiceIdNumberDesc>SEC File Number</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Principal Global Investors, LLC</adminName>
            <adminLei>549300BABIOZPCNHMB89</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <aggregateCommission>0</aggregateCommission>
        <principalAggregatePurchase>146323515.22</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>346374154.630769</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>100000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Global Diversified Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Value Fund I" secFileNo="811-07572"/>
                <creditUser fundName="International Equity Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="High Yield Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Government Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="SystematEx International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified International Fund" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="EDGE MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Real Estate Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Overseas Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Account" secFileNo="811-01944"/>
                <creditUser fundName="Tax-Exempt Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Account" secFileNo="811-01944"/>
                <creditUser fundName="Capital Securities Fund" secFileNo="811-07572"/>
                <creditUser fundName="Core Plus Bond Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Growth Account" secFileNo="811-01944"/>
                <creditUser fundName="Origin Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap S&amp;P 500 Index Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Flexible Income Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Value Fund II" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Value Fund III" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap S&amp;P 600 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Equity Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Account" secFileNo="811-01944"/>
                <creditUser fundName="Opportunistic Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Global Multi-Strategy Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2020 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Inflation Protection Fund" secFileNo="811-07572"/>
                <creditUser fundName="Finisterre Unconstrained Emerging Markets Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Equity Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Spectrum Preferred and Capital Securities Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Money Market Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Blue Chip Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Fund" secFileNo="811-07572"/>
                <creditUser fundName="Short-Term Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2055 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Balanced Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="MidCap Growth Fund III" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2060 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Short-Term Income Account" secFileNo="811-01944"/>
                <creditUser fundName="SmallCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="Bond Market Index Account" secFileNo="811-01944"/>
                <creditUser fundName="California Municipal Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2060 Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified Balanced Managed Volatility Account" secFileNo="811-01944"/>
                <creditUser fundName="Diversified International Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2010 Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2015 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Balanced Portfolio" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2050 Account" secFileNo="811-01944"/>
                <creditUser fundName="International Small Company Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2030 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2035 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="International Emerging Markets Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Strategic Income Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime 2065 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Account" secFileNo="811-01944"/>
                <creditUser fundName="Real Estate Securities Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Hybrid 2020 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime Hybrid 2050 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2045 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Government &amp; High Quality Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Small-MidCap Dividend Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="MidCap S&amp;P 400 Index Fund" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Fund I" secFileNo="811-07572"/>
                <creditUser fundName="LargeCap Growth Account I" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Account" secFileNo="811-01944"/>
                <creditUser fundName="MidCap Growth Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Balanced Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="LargeCap S&amp;P 500 Managed Volatility Index Account" secFileNo="811-01944"/>
                <creditUser fundName="SAM Strategic Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal Capital Appreciation Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2025 Fund" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2030 Account" secFileNo="811-01944"/>
                <creditUser fundName="Core Plus Bond Fund" secFileNo="811-07572"/>
                <creditUser fundName="Diversified Growth Volatility Control Account" secFileNo="811-01944"/>
                <creditUser fundName="Principal LifeTime Strategic Income Fund" secFileNo="811-07572"/>
                <creditUser fundName="SAM Conservative Growth Portfolio" secFileNo="811-07572"/>
                <creditUser fundName="Principal LifeTime 2040 Fund" secFileNo="811-07572"/>
                <creditUser fundName="SmallCap Fund" secFileNo="811-07572"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
    </managementInvestmentQuestionSeriesInfo>
    <signature registrantSignedName="Principal Variable Contracts Funds Inc" signedDate="2020-03-11" signature="/s/ Sara Reece" title="Vice President and Controller"/>
  </formData>
</edgarSubmission>
