AW 1 aw-letter.txt LETTER ASKING FOR WITHDRAWAL OF PEA #47 PRINCIPAL INVESTORS FUND, INC. 680 8th Street Des Moines, Iowa 50392-2080 October 20, 2006 VIA EDGAR TRANSMISSION Securities and Exchange Commission Attn: John C. Grzeskiewicz, Esq. Division of Investment Management 100 F Street, N.E. Washington, DC 20549 Re: Principal Investors Fund, Inc. CIK: 0000898745 Withdrawal of Post-Effective Amendment No. 47 to Registration Statement on Form N-1A File No. 33-59474 Dear Sirs: Pursuant to Rule 477 under the Securities Act of 1933, as amended, the Principal Investors Fund, Inc. ("the Fund") hereby submits this application for withdrawal of post-effective amendment no. 47 (the "Amendment") to its registration statement on Form N-1A together with all exhibits filed therewith (Accession No. 0000898745-06-000150). The Amendment was filed with the Securities and Exchange Commission via EDGAR on October 20, 2006 pursuant to Rule 485(a) under the Act. In accordance with Rule 485(a), the Amendment would become effective on January 2, 2007. The Amendment was inadvertently filed in an incomplete format. The Fund has corrected the error and refiled the Amendment in proper form. The Amendment has not been declared effective. Please contact me at 515-248-3842 if you have any questions or need any further information. Very truly yours, /s/ Michael D. Roughton Michael D. Roughton Counsel