Principal Financial Group, Inc. disclosed that its total assets under management reached $785.0 billion as of September 30, 2026. The company filed a Form 8-K with the U.S. Securities and Exchange Commission on October 19, 2026, to provide this data before its quarterly earnings release.
The filing, signed by Vice President Humphrey Lee, breaks down the management of these assets between two internal divisions. Principal Asset Management - Investment Management accounts for $581.7 billion of the total, while Principal Asset Management - International Pension manages $166.2 billion. These figures align with the format the company will use in its financial supplement for the quarter ended September 30, 2026, which is expected to be posted to its investor relations website on or about October 26, 2026.
For the quarter ending September 30, 2026, Principal Financial Group reported an approximate 1.5% negative impact on its assets under management relative to the beginning period amount. The company attributed this decline to a combination of foreign currency translation, market performance, disposed operations, and other items not included in net cash flow. Specifically, disposed operations resulted in a negative adjustment of $2.2 billion during the quarter. This reduction was primarily driven by the sale of the Chile annuity business within the Principal Asset Management - International Pension division.
In the filing, the company noted that during periods of market dislocation and wider dispersion of returns, its exposure to specific asset classes remains relevant. These exposures include small and mid-cap products and international products within equity assets under management. In fixed income assets under management, the company highlighted exposure to high yield and preferred securities. Additionally, the report cited exchange rate movements in emerging markets as a factor to consider.
The document is a current report filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. It serves as a quarterly disclosure under Regulation FD, intended to ensure that material nonpublic information is made public before being available in the company's formal earnings materials. The filing does not include financial statements or detailed performance metrics beyond the aggregate asset figures and the qualitative factors affecting them.