X0101 EFFECT 33 LIVE 2011-12-13 11:00:00

N-14

0000898745 PRINCIPAL FUNDS INC 333-178050 0000898745 PRINCIPAL FUNDS INC S000007214 SmallCap Blend Fund C000019802 R-1 0000898745 PRINCIPAL FUNDS INC S000007202 SmallCap Growth Fund C000019711 R-1 0000898745 PRINCIPAL FUNDS INC S000007214 SmallCap Blend Fund C000019802 R-1 0000898745 PRINCIPAL FUNDS INC S000007204 SmallCap Value Fund C000019721 R-1 0000898745 PRINCIPAL FUNDS INC S000007214 SmallCap Blend Fund C000019803 R-2 0000898745 PRINCIPAL FUNDS INC S000007202 SmallCap Growth Fund C000019707 R-2 0000898745 PRINCIPAL FUNDS INC S000007214 SmallCap Blend Fund C000019803 R-2 0000898745 PRINCIPAL FUNDS INC S000007204 SmallCap Value Fund C000019722 R-2 0000898745 PRINCIPAL FUNDS INC S000007214 SmallCap Blend Fund C000019804 R-3 0000898745 PRINCIPAL FUNDS INC S000007202 SmallCap Growth Fund C000019708 R-3 0000898745 PRINCIPAL FUNDS INC S000007214 SmallCap Blend Fund C000019804 R-3 0000898745 PRINCIPAL FUNDS INC S000007204 SmallCap Value Fund C000019723 R-3 0000898745 PRINCIPAL FUNDS INC S000007214 SmallCap Blend Fund C000019805 R-5 0000898745 PRINCIPAL FUNDS INC S000007202 SmallCap Growth Fund C000019709 R-5 0000898745 PRINCIPAL FUNDS INC S000007214 SmallCap Blend Fund C000019805 R-5 0000898745 PRINCIPAL FUNDS INC S000007204 SmallCap Value Fund C000019724 R-5 0000898745 PRINCIPAL FUNDS INC S000007214 SmallCap Blend Fund C000019806 R-4 0000898745 PRINCIPAL FUNDS INC S000007202 SmallCap Growth Fund C000019710 R-4 0000898745 PRINCIPAL FUNDS INC S000007214 SmallCap Blend Fund C000019806 R-4 0000898745 PRINCIPAL FUNDS INC S000007204 SmallCap Value Fund C000019725 R-4 0000898745 PRINCIPAL FUNDS INC S000007214 SmallCap Blend Fund C000019807 Institutional Class 0000898745 PRINCIPAL FUNDS INC S000007202 SmallCap Growth Fund C000019712 Institutional Class 0000898745 PRINCIPAL FUNDS INC S000007214 SmallCap Blend Fund C000019807 Institutional Class 0000898745 PRINCIPAL FUNDS INC S000007204 SmallCap Value Fund C000019726 Institutional Class 0000898745 PRINCIPAL FUNDS INC S000007214 SmallCap Blend Fund C000019808 Class J 0000898745 PRINCIPAL FUNDS INC S000007202 SmallCap Growth Fund C000019713 Class J 0000898745 PRINCIPAL FUNDS INC S000007214 SmallCap Blend Fund C000019808 Class J 0000898745 PRINCIPAL FUNDS INC S000007204 SmallCap Value Fund C000019727 Class J 0000898745 PRINCIPAL FUNDS INC S000007214 SmallCap Blend Fund C000019809 Class A 0000898745 PRINCIPAL FUNDS INC S000007202 SmallCap Growth Fund C000038875 Class A 0000898745 PRINCIPAL FUNDS INC S000007214 SmallCap Blend Fund C000019809 Class A 0000898745 PRINCIPAL FUNDS INC S000007204 SmallCap Value Fund C000019728 Class A 0000898745 PRINCIPAL FUNDS INC S000007214 SmallCap Blend Fund C000019810 Class B 0000898745 PRINCIPAL FUNDS INC S000007202 SmallCap Growth Fund C000038876 Class B 0000898745 PRINCIPAL FUNDS INC S000007214 SmallCap Blend Fund C000019810 Class B 0000898745 PRINCIPAL FUNDS INC S000007204 SmallCap Value Fund C000019729 Class B 0000898745 PRINCIPAL FUNDS INC S000007214 SmallCap Blend Fund C000038804 Class C 0000898745 PRINCIPAL FUNDS INC S000007202 SmallCap Growth Fund C000038794 Class C 0000898745 PRINCIPAL FUNDS INC S000007214 SmallCap Blend Fund C000038804 Class C 0000898745 PRINCIPAL FUNDS INC S000007204 SmallCap Value Fund C000038795 Class C