MutualFundWire.com: Principal Funds' Q4 Earnings are Down 82 Percent
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Tuesday, February 10, 2009

Principal Funds' Q4 Earnings are Down 82 Percent


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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