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Investment Type: separateaccount

Diversified International Separate Account-Z

Portfolio Composition

  as of 05/31/2024
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Asset Type Net Short Long Non-U.S. Stocks 91.45% 0.0%   91.45%   U.S. Stocks 4.94% 0.0%   4.94%   Other 2.01% 0.0%   2.01%   Cash 1.61% 0.0%   1.61%   Total 100.01%

Top 10 Holdings   as of 05/31/2024    What's this? % of Net Assets Taiwan Semiconductor Manufacturing Co Ltd 3.50 AstraZeneca PLC 2.97 Tencent Holdings Ltd 2.69 ASML Holding NV 2.66 AIA Group Ltd 2.61 Samsung Electronics Co Ltd 2.52 Sanofi SA 2.45 Novo Nordisk A/S Class B 2.18 3i Group Ord 2.01 BAE Systems PLC 2.00 Total*: 25.58 *Values may exceed 100% if both long and short positions are included in the portfolio View Full Portfolio Holdings	Morningstar Style Box™   as of 05/31/2024    What's this?
Stock Sector Breakdown   as of 05/31/2024    What's this? % of Net Assets Cyclical 39.64 Basic Materials 5.09 Consumer Cyclical 11.13 Financial Svcs 23.42 Defensive 19.02 Consumer Defensive 6.92 Healthcare 11.22 Utilities 0.88 Sensitive 41.33 Comm Svcs 7.38 Energy 5.78 Industrials 14.88 Technology 13.29	Top 5 Countries   as of 05/31/2024 % of Net Assets Japan 14.87 United Kingdom 14.53 France 10.15 Canada 10.07 Netherlands 5.51
Regional Exposure   as of 05/31/2024 % of Net Assets Europe 45.46 Pacific Rim 20.63 Japan 14.87 Other 10.07 United States 5.12 Latin America 3.85	Analysis   as of 05/31/2024 Average Market Cap (mil): $64,746.69 Price/Earnings Ratio: 14.50 Price/Book Ratio: 1.92 Price/Cash Flow Ratio: 10.73 Turnover Ratio: 42.41% # Stock Holdings: 118 # Bond Holdings: 0 # Other Holdings: 2 Total # of Holdings: 120

© 2024 Morningstar, Inc. All Rights Reserved. Part of the mutual fund data contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Investment options are subject to investment risk. Shares or unit values will fluctuate and investments, when redeemed, may be worth more or less than their original cost. Portfolio holdings are subject to change and companies referenced in this report may not currently be held. Information is current as of the creation of this piece. Keep in mind that portfolio holdings are subject to risk. Click here for a complete list of the most recent publicly available holdings. The full name of this investment option is Principal Diversified International Separate Account-Z. Separate Accounts are available through a group annuity contract with Principal Life Insurance Co. Insurance products and plan administrative services, if applicable, are provided by Principal Life Insurance Company, a member of the Principal Financial Group, Des Moines, IA 50392. See the fact sheet for the full name of the Separate Account. Certain investment options may not be available in all states or U.S. commonwealths. Principal Life Insurance Company reserves the right to defer payments or transfers from Principal Life Separate Accounts as described in the group annuity contracts providing access to the Separate Accounts or as required by applicable law. Such deferment will be based on factors that may include situations such as: unstable or disorderly financial markets; investment conditions which do not allow for orderly investment transactions; or investment, liquidity, and other risks (such as those associated with general and local economic conditions). If you elect to allocate funds to a Separate Account, you may not be able to immediately withdraw them. Before directing retirement funds to a separate account, investors should carefully consider the investment objectives, risks, charges and expenses of the separate account as well as their individual risk tolerance, time horizon and goals. For additional information contact us at 1-800-547-7754 or by visiting principal.com. Not FDIC Insured May Lose Value - Not a Deposit - No Bank Guarantee Not Insured by any Federal Government Agency

Fees and expenses are only one of several factors that participants and beneficiaries should consider when making investment decisions.  The cumulative effect of fees and expenses can substantially reduce the growth of a participant's or beneficiary's retirement account.  Participants and beneficiaries can visit the Employee Benefit Security Administration's website for an example demonstrating the long-term effect of fees and expenses.

MSCI ACWI Ex USA Index is a free float-adjusted market capitalization index that is designed to measure the combined equity market performance of developed and emerging market countries excluding the US. International and global investment options are subject to additional risk due to fluctuating exchange rates, foreign accounting and financial policies, and other economic and political environments. Investment manager/sub-advisor means either the Investment Advisor or Sub-Advisor to the investment option or the underlying asset(s). Principal Life Insurance Company is the Investment Manager as defined by ERISA, with regard to the assets of the Separate Accounts. Principal Global Investors is a member of the Principal Financial Group.