Principal MidCap Value Fund I R-1 Class (PLASX)

14.69
Net Asset Value
+0.07%
1 Day
+1.38%
Year-to-Date
Overall Morningstar Rating
Mid-cap value
Style or Category
No Load
Sales Expenses
1.87%
Expense Ratio
Below 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. It invests in value equity securities- an investment strategy that emphasizes buying equity securities that appear to be undervalued. The fund also invests in real estate investment trusts.

Performance

1 month+1.87% 3 years+6.00%
3 months+1.17% 5 years+9.23%
1 year+10.29% Since inception+8.21%
Data through --

Peer Comparisonvs. Mid-cap value

 PLASXCategory
Performance 5-yr return+9.23%+10.06%
Expense ratio1.87%1.13%
Risk 5 year sharpe ratio0.810.86
Net assets$948.7M$1.8B
Average market cap$11.8B$10.4B
Average P/E19.215.1
Portfolio turnover59%59%

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Fund Management and Purchase Info

Fund familyPrincipal Funds
Fund manager & tenureRandy Welch / 9 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock99.10%
International stock1.35%
Fixed income0.06%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 28.72%
Industrial materials 13.21%
Energy 11.30%
Utilities 10.48%
Consumer goods 10.13%
Top 10 Holdings
Portfolio weighting
-- 3.36%
ADM Archer Daniels Midland Co2.16%
STI SunTrust Banks Inc1.85%
RS Reliance Steel & Aluminum Co1.61%
Y Alleghany Corp1.59%
WRB W. R. Berkley Corp1.54%
TXT Textron Inc1.42%
DGX Quest Diagnostics Inc1.40%
MKL Markel Corp1.35%
IR Ingersoll-Rand1.34%