Principal Blue Chip Fund Class C is a mutual fund focused on achieving long-term capital growth by investing primarily in equity securities of large-cap companies that exhibit characteristics of established, high-quality "blue chip" firms. The fund typically allocates at least 80% of its net assets to these companies, prioritizing those with strong growth potential and a record of above-average earnings. Leveraging a highly active management approach, the fund emphasizes investments in firms led by owner-operators—leaders with significant personal stakes in their businesses—who are believed to foster careful capital allocation and maintain a long-term business outlook. The portfolio is more concentrated and can significantly differ from major indices, offering both sector and individual stock exposure, with notable holdings in technology, consumer cyclical, financial services, and industrial sectors. Principal Blue Chip Fund Class C is positioned within the large growth category and serves as a complementary holding for investors seeking exposure to U.S. large-cap growth equities, with a focus on innovative market leaders and disciplined company management.
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