Principal Funds, Inc.
711 High Street, Des Moines, IA 50392
515 247 5111 tel

February 24, 2023

Via EDGAR

Division of Investment Management

Securities and Exchange Commission

100 F Street, NE

Washington D.C. 20549

Re:    Principal Funds, Inc.

    PRE 14A

File No. 811-07572

Dear SEC Reviewer,

Principal Funds, Inc. (the "Registrant") is filing, pursuant to Regulation 14A under the Securities Exchange Act of 1934, as amended, with the Securities and Exchange Commission a Preliminary 14A proxy statement (the “Proxy Statement”), together with proposed proxy cards, voter instruction cards, and solicitation communications.

The Proxy Statement is being filed to solicit proxies from shareholders of the Registrant’s series with an August 31 fiscal year end and an October 31 fiscal year end for purposes of voting at a joint annual meeting of shareholders of Principal Diversified Select Real Asset Fund, Principal Exchange-Traded Funds, Principal Variable Contracts Funds, Inc., and Principal Funds, Inc. to be held on April 26, 2023. It is our intent to file the Definitive 14A on March 6, 2023.

If you have questions, please call me at 515-247-5461.

Sincerely,

/s/ Clint L. Woods

Clint L. Woods

Counsel, Vice President and Assistant Secretary, Registrant