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

14.44
Net Asset Value
-0.55%
1 Day
-0.35%
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 month0.00% 3 years+5.04%
3 months-3.48% 5 years+9.88%
1 year+9.33% Since inception+8.22%
Data through --

Peer Comparisonvs. Mid-cap value

 PLASXCategory
Performance 5-yr return+9.88%+10.06%
Expense ratio1.87%1.13%
Risk 5 year sharpe ratio0.850.89
Net assets$967.3M$1.8B
Average market cap$11.7B$10.3B
Average P/E18.115.1
Portfolio turnover59%59%

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Fund Management and Purchase Info

Fund familyPrincipal Funds
Fund manager & tenureRandy Welch / 8 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock98.36%
International stock1.60%
Cash0.04%
Fixed income0.00%
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
-- 2.85%
ADM Archer Daniels Midland Co2.04%
STI SunTrust Banks Inc1.86%
Y Alleghany Corp1.67%
RS Reliance Steel & Aluminum Co1.55%
WRB W. R. Berkley Corp1.46%
IR Ingersoll-Rand1.35%
TXT Textron Inc1.35%
DGX Quest Diagnostics Inc1.30%
MSI Motorola1.28%