Principal Global Emerging Markets Fund R-5 Class is a mutual fund focused on achieving long-term capital growth by investing primarily in equities of companies based in emerging markets. The fund allocates at least 80% of its assets, plus any borrowings for investment purposes, to stocks from countries classified as emerging markets by the international financial community, such as those included in the MSCI Emerging Markets Index. Its portfolio is diversified across sectors and encompasses companies of all market capitalizations and investment styles, including both growth and value stocks. The fund is actively managed, holding over a hundred distinct positions, with technology and consumer sectors often featuring prominently among top holdings. Designed for investors seeking international diversification, it plays a significant role in broadening exposure to high-growth potential markets outside developed economies. Established in 2000, Principal Global Emerging Markets Fund R-5 Class is recognized within the Diversified Emerging Markets category and is benchmarked against the MSCI Emerging Markets Index for performance evaluation.