Business Context and Reporting Period
This Form 8-K is a Regulation FD disclosure filed by Principal Financial Group, Inc. on July 20, 2026. The report provides quarterly Assets Under Management (AUM) data for the period ended June 30, 2026, prior to the release of the full quarterly earnings.
Key Financial Metrics
| Metric | Value |
|---|---|
| Total Assets Under Management (AUM) | $808.0 billion |
| AUM - Principal Asset Management (Investment Management) | $601.9 billion |
| AUM - Principal Asset Management (International Pension) | $168.5 billion |
| Non-Cash Flow Impact on AUM (Q2 2026) | +6.4% of beginning period AUM |
The filing does not provide specific figures for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes and Drivers
For the quarter ended June 30, 2026, the AUM experienced a positive impact of approximately 6.4% relative to the beginning period balance. This change was driven by a combination of foreign currency translation, market performance, and other items not reported as part of net cash flow.
Outlook, Risks, and Management Commentary
Management highlighted specific exposures that may affect performance during market dislocations or wider return dispersion:
- Equity AUM exposure to small-cap, mid-cap, and international products.
- Fixed income AUM exposure to high yield and preferred securities.
- Exchange rate movements in emerging markets.
The full financial supplement containing these AUM figures is expected to be posted to the investor relations website on or about July 27, 2026.
Investor Verification Checklist
- Verify the total AUM of $808.0 billion against the upcoming quarterly earnings release.
- Confirm the breakdown between Investment Management ($601.9 billion) and International Pension ($168.5 billion) segments.
- Review the upcoming financial supplement for details on the 6.4% non-cash flow impact components.
- Assess the company's specific exposure to small/mid-cap equities and high-yield fixed income in the context of current market volatility.