The company said assets under management (AUM) for Principal Financial Group were $699.2 billion as of June 30, 2024, of which $513.2 billion was managed by Principal Global Investors and $171.1 billion was reported by Principal International.

1. 01

   The company said assets under management (AUM) for Principal Financial Group were $699.2 billion as of June 30, 2024, of which $513.2 billion was managed by Principal Global Investors and $171.1 billion was reported by Principal International.

2. 02

   Principal Financial Group said its market performance for the quarter ended June 30, 2024 was 0.4% of beginning-period AUM.

3. 03

   The company said its Principal Asset Management AUM, used for marketing purposes, was $553.1 billion as of June 30, 2024. It said the figure excludes assets of entities where it is a minority owner and assets that cannot be included due to regulatory requirements, and that it is not intended for modeling purposes.

4. 04

   Principal Financial Group said Principal Global Investors has exposure to small and mid-cap products in its U.S. equity AUM and to high yield and preferred securities in its fixed income AUM. It explained that Principal International's reported AUM is translated into U.S. dollars using spot foreign exchange rates at the end of the reporting period.

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Original filing

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