Principal Real Estate Investors Disclose 9.8% Stake in InvenTrust (NYSE: IVT)

Rhea-AI Filing Summary

InvenTrust Properties Corp. ownership filing: Principal Real Estate Investors LLC and Principal Global Investors report combined beneficial ownership of 7,569,442 shares representing 9.8% of common stock as of 03/31/2026. The holders report shared voting power of 6,114,964 and 1,454,478 shares respectively.

The statement is a joint Schedule 13G/A filed by the two Principal entities and is signed by J. Markham Penrod on 05/11/2026. It lists citizenship as Delaware and gives the issuer address in Downers Grove, Illinois.

Insights

Institutional Ownership Analyst

Principal's combined stake equals 9.8% as reported for 03/31/2026.

The filing shows a combined beneficial ownership of 7,569,442 shares held jointly by Principal Real Estate Investors LLC and Principal Global Investors, with shared voting and dispositive power split as 6,114,964 and 1,454,478 respectively. This is a standard disclosure under Schedule 13G/A for passive institutional holders.

Future activity by these holders will be visible only through subsequent amendments; timing and cash‑flow treatment are not stated in the excerpt.

Corporate Governance Specialist

Joint filing clarifies voting/dispositive allocations between related Principal entities.

The statement identifies shared voting and dispositive powers across two Delaware entities and references a Joint Filing Agreement (Exhibit 99.1). The allocation of shared power is precisely disclosed: 6,114,964 and 1,454,478 shares.

These disclosures inform ownership structure and potential coordination but do not indicate any change in control or transactional intent.

Key Figures

Beneficial ownership: 7,569,442 shares Ownership percent: 9.8% Shared voting power (Principal REI): 6,114,964 shares +1 more

4 metrics

Beneficial ownership 7,569,442 shares as of <date>03/31/2026</date>

Ownership percent 9.8% percent of class

Shared voting power (Principal REI) 6,114,964 shares shared voting power reported for Principal Real Estate Investors LLC

Shared voting power (Principal Global) 1,454,478 shares shared voting power reported for Principal Global Investors

Key Terms

Schedule 13G/A, beneficially owned, shared dispositive power

3 terms

Schedule 13G/A regulatory

"This statement is filed by Principal Real Estate Investors LLC and Principal Global Investors LLC jointly pursuant to a Joint Filing Agreement"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

beneficially owned market

"Item 4. | Ownership (a) | Amount beneficially owned: 7,569,442"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

shared dispositive power governance

"8 | Shared Dispositive Power 6,114,964.00"

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

InvenTrust Properties Corp.

(Name of Issuer)

Common stock, $0.001 par value

(Title of Class of Securities)

46124J201

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 46124J201

1

Names of Reporting Persons

PRINCIPAL REAL ESTATE INVESTORS LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 6,114,964.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 6,114,964.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,114,964.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.9 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP Number(s): 46124J201

1

Names of Reporting Persons

PRINCIPAL GLOBAL INVESTORS

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,454,478.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,454,478.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,454,478.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.9 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: InvenTrust Properties Corp.
(b)	Address of issuer's principal executive offices: 3025 HIGHLAND PARKWAY SUITE 350, DOWNERS GROVE, ILLINOIS 60515
Item 2.
(a)	Name of person filing: PRINCIPAL REAL ESTATE INVESTORS LLC PRINCIPAL GLOBAL INVESTORS
(b)	Address or principal business office or, if none, residence: PRINCIPAL REAL ESTATE INVESTORS, LLC 711 HIGH STREET DES MOINES, Iowa 50392-0300 PRINCIPAL GLOBAL INVESTORS 711 HIGH STREET DES MOINES, Iowa 50392-0300
(c)	Citizenship: PRINCIPAL REAL ESTATE INVESTORS LLC - DELAWARE PRINCIPAL GLOBAL INVESTORS - DELAWARE
(d)	Title of class of securities: Common stock, $0.001 par value
(e)	CUSIP No.: 46124J201
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 7,569,442
(b)	Percent of class: 9.8 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: PRINCIPAL REAL ESTATE INVESTORS LLC - 0 PRINCIPAL GLOBAL INVESTORS - 0
	(ii) Shared power to vote or to direct the vote: PRINCIPAL REAL ESTATE INVESTORS LLC - 6,114,964 PRINCIPAL GLOBAL INVESTORS - 1,454,478
	(iii) Sole power to dispose or to direct the disposition of: PRINCIPAL REAL ESTATE INVESTORS LLC - 0 PRINCIPAL GLOBAL INVESTORS - 0
	(iv) Shared power to dispose or to direct the disposition of: PRINCIPAL REAL ESTATE INVESTORS LLC - 6,114,964 PRINCIPAL GLOBAL INVESTORS - 1,454,478
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

PRINCIPAL REAL ESTATE INVESTORS LLC

Signature:	/s/ J. Markham Penrod
Name/Title:	J. Markham Penrod, Chief Compliance Officer - North America, Principal Asset Management
Date:	05/11/2026

PRINCIPAL GLOBAL INVESTORS

Signature:	/s/ J. Markham Penrod
Name/Title:	J. Markham Penrod, Chief Compliance Officer - North America, Principal Asset Management
Date:	05/11/2026

Exhibit Information

This statement is filed by Principal Real Estate Investors LLC and Principal Global Investors LLC jointly pursuant to a Joint Filing Agreement, which is filed with this Schedule 13G as Exhibit 99.1.

FAQ

What stake do Principal funds report in InvenTrust (IVT)?

They report beneficial ownership of 7,569,442 shares, equal to 9.8% of common stock. The filing attributes shared voting and dispositive power of 6,114,964 and 1,454,478 shares to the two Principal entities.

Which Principal entities filed the Schedule 13G/A for IVT?

The filing was made jointly by Principal Real Estate Investors LLC and Principal Global Investors. Both entities are listed with Delaware citizenship and the same Principal business address in Des Moines, Iowa.

What date does the ownership report cover for IVT?

The ownership figures are reported as of 03/31/2026. The joint filing is signed on 05/11/2026, which appears in the signature block of the Schedule 13G/A amendment.

Does this filing indicate active control or a change in ownership of IVT?

No explicit change of control or transaction is stated. The Schedule 13G/A shows passive beneficial ownership with shared voting/dispositive power; it does not report an acquisition or control-related action.