SCHEDULE 14A INFORMATION
	PROXY STATEMENT PURSUANT TO SECTION 14(a)
	OF THE SECURITIES EXCHANGE ACT OF 1934
	Amendment No. ________
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ]	Preliminary Proxy Statement
[ ]	Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
[ ]	Definitive Proxy Statement
[X]    Definitive Additional Materials
[ ]	Soliciting Material Pursuant to Section 240.14a-12

PRINCIPAL FUNDS, INC.
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[X]	No fee required.
[ ]	Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.
	1)	Title of each class of securities to which transaction applies:
	2)	Aggregate number of securities to which transaction applies:
	3)	Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11
		(set forth the amount on which the filing fee is calculated and state how it was determined):
	4)	Proposed maximum aggregate value of transaction:
	5)	Total fee paid:
[ ]	Fee paid previously with preliminary materials.
[ ]	Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing
	for which the offsetting fee was paid previously. Identify the previous filing by registration statement number,
	or the Form or Schedule and the date of its filing.
	1)	Amount Previously Paid:
	2)	Form, Schedule or Registration Statement No.:
	3)	Filing Party:
	4)	Date Filed:

Principal California Municipal Fund & 

Principal Tax Exempt Bond Fund 

Final Solicitation Script 

Meeting Date: September 6, 2011 

Toll Free # 1-855-600-4535 

Greeting: 

Hello. My name is ______. May I please speak with ________? 

I’m calling on a recorded line regarding your current investment in the Principal Funds. 

The fund sent you a proxy materials for the Special Meeting of Shareholders to be held 

on September 6, 2011, to register your vote. We are calling to ask if you would like to 

vote regarding the proposals to approve a new sub-advisor and management agreement. 

The Board of Directors of Principal Funds has recommended you vote yes on the 

proposals. 

Would you like to vote along with the recommendations of your Board? 

If yes: 

The process will only take a few moments. 

Again, my name is ______________________ , a proxy voting specialist on behalf 

of Principal Funds. Today’s date is ________________ and the time is ________________

Eastern Time. 

Would you please state your full name and full mailing address? 

Are you authorized to vote all shares? 

(If yes, proceed with voting process) 

(If no, identify with shareholder which funds s/he is authorized to vote and proceed with 

voting process) 

(If Multiple Accounts are held) 

Would you like to vote along with the recommendations of your Board for all accounts? 

For “Favorable” Vote: 

Mr./Ms. _______________________ , I have recorded your vote as 

follows:  For all shares, you are voting in accordance with the 

Board’s recommendation with respect to the proposals as set 

forth in the proxy materials you received. 

For “Non-Favorable” Vote: 

Mr./Ms. _______________________ , I have recorded your vote as 

follows.  For all shares, you are voting against the proposals as 

       set forth in the proxy materials you received.

For Abstentions: 

Mr./Ms. _______________________ , I have recorded your vote as 

follows.  For all shares, you are abstaining on the proposals as 

       set forth in the proxy materials you received.

You will receive a printed confirmation at the address of record. Please review your 

confirmation when you receive it and call 1-855-600-4535 if your voting instructions are 

not correctly reflected in your confirmation. Do you have any additional questions at this 

time? Thank you for your time. Have a nice day/evening. 

If unsure of voting: 

(If multiple accounts are owned): Would you like to vote along with the 

recommendations of your Board for all accounts that you hold? 

If not, helpful suggestions may include: 

Would you like to vote on the proposals for each of your accounts separately? 

I can resend the materials to you. Do you have an email address this information can be 

sent to? 

(If yes: Type email address in the notes and read it back phonetically to the shareholder) 

(If not, continue with standard script.) 

I would like to mail you another set of proxy materials. Do you still live at (address)? 

(Verify entire address, including street name, number, town, state & zip) 

You should receive your materials within 2 to 3 business days. I would like to leave you 

with our toll free number. If you have any questions or would like to vote over the 

phone, please call 1-855-600-4535. Our hours of operation are from 9 to 6pm Eastern 

Time, Monday through Friday and 10am to 6pm on Saturday. Thank you for your time. 

Have a nice day/evening. 

If shares were sold after (record date): 

I understand, Mr./Ms.__________. However, you were a shareholder on the record date 

of July 1, 2011, and therefore you are still entitled to vote the shares. Would you have 

any objections to voting the shares now? 

If not interested: 

I would like to leave you with our toll free number. If you have any questions or would 

like to vote over the phone, please call 1-855-600-4535. Our hours of operation are from 

9am to 6pm Eastern Time, Monday through Friday and 10am to 6pm on Saturday. Thank 

you for your time. Have a nice day/evening. 

ANSWERING MACHINE MESSAGE: 

Hello, my name is ____________________, and I am a proxy voting specialist for the 

Principal Funds. You should have received proxy material in the mail concerning the 

Special Meeting of Shareholders to be held on September 6, 2011. Your participation is 

very important. To vote over the telephone, call toll-free at 1-855-600-4535 and a proxy 

voting specialist will assist you with voting your shares. Specialists are available Monday 

through Friday, 9AM to 6PM and Saturday 10AM to 6 PM Eastern Time. Voting takes 

just a few moments and will benefit all shareholders. 

Thank you for your prompt attention to this matter. 

AUTOMATED ANSWERING MACHINE MESSAGE 

Hello, We are calling with an important message on behalf of Principal Funds. You 

should have received proxy material in the mail concerning the Special Meeting of 

Shareholders to be held on September 6, 2011. 

Your participation is very important. To vote over the telephone, call toll-free at 1-855- 

600-4535 and a proxy voting specialist will assist you with voting your shares. Specialists 

are available Monday through Friday, 9 AM 

6PM and Saturday 10AM – 6PM Eastern Time. Voting takes just a few moments and 

will benefit all shareholders. Thank you for your prompt attention to this matter. 

INBOUND - CLOSED RECORDING

“Thank you for calling the Proxy Service Center for Principal Funds. Our offices are 

now closed. Please call us back during our normal business hours which are Monday 

through Friday, 9AM to 6PM and Saturday 10AM to 6PM Eastern Time. Thank you.” 

INBOUND - CALL IN QUEUE MESSAGE

“Thank you for calling the Proxy Services Center for Principal Funds. Our proxy 

specialists are currently assisting other shareholders. Your call is important to us. Please 

continue to hold and your call will be answered in the order in which it was received.” 

END OF CAMPAIGN MESSAGE

“Thank you for calling the Proxy Services Center for Principal Funds Fund. The 

Shareholder meeting has been held and as a result, this toll free number is no longer in 

service for proxy related shareholder calls. If you have questions about your fund, please 

contact your Financial Advisor or call Principal Funds at (1-800-222-5852). Thank you 

for investing in the Principal Funds."