Principal Preferred Securities Fund Class J (PPSJX)

10.22
Net Asset Value
-0.29%
1 Day
+5.69%
Year-to-Date
Overall Morningstar Rating
Preferred stock
Style or Category
No Load
Sales Expenses
1.27%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide current income. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in preferred securities at the time of each purchase. It concentrates its investments (invests more than 25% of its net assets) in securities in the U.S. and non-U.S. financial services (i.e., banking, insurance and commercial finance,) industry. The fund also regularly invests in the real estate investment trust (i.e. REIT) and utility industries.

Performance

1 month-- 3 years--
3 months-- 5 years--
1 year-- Since inception+5.42%
Data through --

Peer Comparisonvs. Preferred stock

 PPSJXCategory
Performance 5-yr return--+15.52%
Expense ratio1.27%1.47%
Risk 5 year sharpe ratio1.761.84
Net assets$4.7B$1.6B
Average market cap----
Average P/E----
Portfolio turnover32%32%

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Fund Management and Purchase Info

Fund familyPrincipal Funds
Fund manager & tenureL. Jacoby IV / 12 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

Other51.46%
Fixed income41.56%
International stock3.05%
U.S. stock2.55%
Cash1.39%
Top 5 Sectors
Portfolio weighting
Financial service 99.98%
Utilities 0.02%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Top 10 Holdings
Portfolio weighting
-- Jpmorgan Chase FRN2.71%
-- Qbe Cap Fdg Iii 144A FRN1.87%
-- Prudential Finl FRN1.75%
-- Rabobank Nederland 144A FRN1.74%
-- Nationwide Finl Svcs FRN1.52%
-- General Elec Cap FRN1.42%
-- General Elec Cap FRN1.41%
-- Sompo Japan Ins 144A FRN1.38%
-- Wells Fargo & Co New FRN1.37%
-- Edf S A 144A FRN1.31%

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