Principal MidCap Growth Fund R-4 Class (PIPPX)

9.01
Net Asset Value
-0.22%
1 Day
+2.85%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
No Load
Sales Expenses
1.05%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. Under normal circumstances- the fund invests at least 80% of its net assets- plus any borrowings for investment purposes- in equity securities of companies with medium market capitalizations at the time of purchase. For this fund- companies with medium market capitalizations are those with market capitalizations within the range of companies comprising the Russell Midcap - Growth Index (as of December 31- 2017- this range was between approximately $1.2 billion and $36.7 billion).

Performance

1 month+2.04% 3 years+7.93%
3 months-4.86% 5 years+14.01%
1 year+21.94% Since inception+3.86%
Data through --

Peer Comparisonvs. Mid-cap growth

 PIPPXCategory
Performance 5-yr return+14.01%+11.94%
Expense ratio1.05%1.21%
Risk 5 year sharpe ratio1.051.00
Net assets$177.6M$1.6B
Average market cap$13.7B$11.9B
Average P/E28.824.9
Portfolio turnover129%129%

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Fund Management and Purchase Info

Fund familyPrincipal Funds
Fund manager & tenureClifford Fox / 13 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock94.19%
Cash3.15%
International stock2.66%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Consumer goods 20.83%
Industrial materials 19.60%
Consumer service 11.21%
Healthcare 9.95%
Business service 7.81%
Top 10 Holdings
Portfolio weighting
NOW ServiceNow Inc4.30%
ILMN Illumina Inc2.49%
WCG WellCare Health Plans Inc2.49%
TRU TransUnion2.47%
AME Ametek Inc2.44%
ZTS Zoetis Inc2.26%
GIII G-III Apparel Group Ltd2.21%
AMP Ameriprise Financial Inc2.20%
CNC Centene Corp2.09%
IDXX IDEXX Laboratories Inc2.08%