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Principal Financial Reports $699.2 Billion in Quarterly AUM

Principal Financial Reports $699.2 Billion in Quarterly AUM

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Principal Financial (PFG) just unveiled an announcement.

Principal Financial Group has disclosed their quarterly assets under management (AUM), amounting to $699.2 billion as of June 30, 2024, with $513.2 billion managed by Principal Global Investors and $171.1 billion by Principal International. This figure reflects diverse investments, including U.S. equity in small to mid-cap products and fixed income exposure to high yield and preferred securities. The quarter saw a market performance of 0.4%, and the adjusted Principal Asset Management AUM, excluding minority-owned entities and non-regulatory compliant assets, stood at $553.1 billion. These figures will be detailed again in the upcoming financial supplement.

For a thorough assessment of PFG stock, go to TipRanks’ Stock Analysis page.

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