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Form N-PX · fund seriesSEC series no. S000007169

SmallCap Value Fund II

A series of PRINCIPAL FUNDS, INC.

Vote records
13,509year to 30 June 2026
Against management
12.7%1,687 of 13,311 marked votes
Say-on-pay support
88.4%for, of for + against + abstain
Shareholder-proposal support
59.5%for, of for + against + abstain

SmallCap Value Fund II is a series of PRINCIPAL FUNDS, INC.. For the year to 30 June 2026 its registrant reported 13,509 vote records for the series; 12.7% of the votes marked for or against management went against management. It voted for 88.4% of say-on-pay items and for 59.5% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantPrincipalMedian fund registrant
Against-management share12.7%8.4%8.0%6.2%
Say-on-pay support rate88.4%90.5%90.4%91.6%
Shareholder-proposal support rate59.5%32.2%28.0%27.5%

Votes by category

foragainstabstain, withhold or otheramber tick: the portion cast against management

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS9,0577,81726013.7%
SECTION 14A SAY-ON-PAY VOTES1,4821,17716612.3%
AUDIT-RELATED1,4781,47800.0%
INVESTMENT COMPANY MATTERS2200.0%
SHAREHOLDER RIGHTS AND DEFENSES4745210.9%
EXTRAORDINARY TRANSACTIONS174154209.8%
CAPITAL STRUCTURE1801602012.2%
COMPENSATION52436615830.3%
CORPORATE GOVERNANCE3913335816.9%
ENVIRONMENT OR CLIMATE3030.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE1010.0%
DIVERSITY, EQUITY, AND INCLUSION2020.0%
OTHER SOCIAL ISSUES54120.0%
OTHER110not reported

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 202413,31713.8%88.1%59.6%
year to 30 June 20254,0225.7%95.1%76.5%
year to 30 June 202613,50912.7%88.4%59.5%

Questions

How often did SmallCap Value Fund II vote against management?

12.7% of the votes its registrant marked for or against management in the year to 30 June 2026 (1,687 of 13,311).

How did SmallCap Value Fund II vote on executive pay?

It voted for 1,147 of 1,298 say-on-pay items cast for, against or abstain (88.4%).

Is this the result of the meetings?

No. Form N-PX shows how the fund voted the shares it held. It does not show how other shareholders voted or what the outcome was.

Where does the data come from?

From the Form N-PX filed by PRINCIPAL FUNDS, INC., which lists the series that cast each vote. The SEC does not verify the contents. Data runs through 23 Sep 2026.

Provenance: SEC EDGAR, Form N-PX filed by PRINCIPAL FUNDS, INC. (filer no. 898745); votes attributed to series S000007169 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.