You may have heard Principal Funds and other financial companies talk about being global investment managers. But what does that actually mean, and how does it benefit you as an investor?

At Principal Funds, we don't just make investments in different countries. Principal Global Investors and its affiliates (sub-advisors to many of the Principal Funds), actually have more than 20 offices worldwide¹ with research analysts and other investment professionals managing money for clients in nearly 60 countries around the world.

Principal Global Investors provides a range of diverse investment capabilities, including:

• Equity
• Fixed income
• Real estate investments
• Currency management
• Asset allocation
• Stable value management

We believe this global footprint gives our analysts a deeper knowledge of the local economies and companies they research.

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¹Represents locations for Principal Global Investors, including all advisory affiliates and subsidiaries, and Principal International affiliates.

Asset allocation/diversification does not guarantee a profit or protect against a loss.

International investing involves increased risks due to currency fluctuations, political or social instability, and differences in accounting standards.

Investors should carefully consider a fund's investment objectives, risks, charges, and expenses prior to investing. A prospectus, or summary prospectus if available, containing this and other information can be obtained by contacting a financial professional, visiting principalfunds.com, or calling 800-222-5852. Read the prospectus carefully before investing.

A mutual fund's share price and investment return will vary with market conditions, and the principal value of an investment when you sell your shares may be more or less than the original cost.

Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc., member of the Principal Financial Group^®. Principal Funds Distributor, Principal Shareholder Services, Principal Management Corporation and its affiliates, and Principal Funds, Inc. are collectively referred to as Principal Funds.

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