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Rating:Principal Funds' Q4 Earnings are Down 82 Percent Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, February 10, 2009

Principal Funds' Q4 Earnings are Down 82 Percent

by: Armie Margaret Lee

Principal Funds posted operating earnings of $2 million for the fourth quarter of 2008, down 82.3 percent from $11.3 million in the year-ago period. The drop reflects a 29 percent decline in average account values, company officials said Monday. 

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