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PIPPX Principal MidCap Growth R4

  • Fund
  • PIPPX
  • Price as of: Dec 14, 2017
  • $8.93
  • - $0.06
  • - 0.67%
  • Category
  • Mid Cap Growth Equities

PIPPX - Profile

Vitals

  • YTD Return 26.7%
  • 3 Yr Annualized Return 10.5%
  • 5 Yr Annualized Return 15.4%
  • Net Assets $171 M
  • Holdings in Top 10 24.1%

52 WEEK LOW AND HIGH

$8.93
$7.05
$9.20

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.05%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 110.30%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Mid Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Mid-Cap Growth

Distributions

  • YTD Total Return 26.7%
  • 3 Yr Annualized Total Return 10.5%
  • 5 Yr Annualized Total Return 15.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.03%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Principal MidCap Growth Fund
  • Fund Family Name Principal Funds
  • Inception Date Dec 06, 2000
  • Shares Outstanding N/A
  • Share Class Retirement
  • Currency USD
  • Domiciled Country United States
  • Manager Michael Iacono

Fund Description

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, 2016, this range was between approximately $394.9 million and $57.0 billion).

PIPPX - Performance

Return Ranking - Trailing

Period PIPPX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 26.7% -98.2% 187.2% 9.49% 1
1 Yr 27.8% -20.6% 43.6% 14.50% 1
3 Yr 10.5% * -20.9% 28.7% 25.95% 2
5 Yr 15.4% * -12.5% 23.6% 20.07% 1
10 Yr 7.8% * -6.4% 14.6% 48.99% 3

* Annualized


Return Ranking - Calendar

Period PIPPX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 2.8% -70.5% 27.9% 37.27% 2
2015 -0.3% -82.5% 12.2% 12.40% 1
2014 -9.7% -40.7% 31.3% 78.43% 5
2013 7.9% -27.0% 200.0% 92.56% 5
2012 7.0% -17.1% 26.4% 71.88% 4

Total Return Ranking - Trailing

Period PIPPX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 26.7% -59.7% 187.2% 9.55% 1
1 Yr 27.8% -35.2% 876.4% 12.61% 1
3 Yr 10.5% * -3.8% 23.6% 23.02% 2
5 Yr 15.4% * 2.0% 23.6% 18.24% 1
10 Yr 7.8% * 0.1% 20.9% 47.33% 3

* Annualized


Total Return Ranking - Calendar

Period PIPPX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 2.8% -98.2% 27.9% 43.21% 3
2015 2.1% -43.1% 19.2% 22.58% 2
2014 14.5% -23.5% 141.0% 9.38% 1
2013 70.5% -22.5% 561.9% 16.09% 1
2012 34.3% -11.3% 4114.7% 16.77% 1

NAV & Total Return History

PIPPX - Holdings

Filings data as of: Oct 31, 2017

Concentration Analysis

PIPPX Category Low Category High PIPPX % Rank Quintile
Net Assets 171 M 281 K 29.8 B 24.07% 4
Number of Holdings 63 3 2262 12.63% 4
Net Assets in Top 10 40 M 84.9 K 6.55 B 24.96% 4
Weighting of Top 10 24.1% 6.1% 100.0% 16.79% 2

Top 10 Holdings

  1. ServiceNow Inc 3.46%
  2. IDEXX Laboratories Inc 2.24%
  3. Micron Technology Inc 2.72%
  4. WellCare Health Plans Inc 2.51%
  5. Illumina Inc 2.29%
  6. Applied Materials Inc 2.42%
  7. Celanese Corp 2.08%
  8. TransUnion 2.21%
  9. Trimble Inc 2.11%
  10. Global Payments Inc 2.09%

Asset Allocation

Weighting Category Low Category High PIPPX % Rank Quintile
Stocks
97.86% 15.06% 120.71% 13.08% 3
Cash
2.14% -20.94% 40.37% 17.38% 3
Preferred Stocks
0.00% 0.00% 6.64% 4.01% 2
Other
0.00% -10.78% 79.22% 8.77% 3
Convertible Bonds
0.00% 0.00% 4.98% 1.04% 2
Bonds
0.00% 0.00% 59.15% 2.53% 2

Stock Sector Breakdown

Weighting Category Low Category High PIPPX % Rank Quintile
Technology
28.13% 2.98% 47.42% 5.79% 1
Consumer Cyclical
20.16% 0.00% 55.62% 8.32% 2
Industrials
18.15% 0.00% 37.22% 16.79% 3
Healthcare
14.77% 0.00% 33.41% 14.56% 3
Financial Services
9.11% 0.00% 41.59% 18.13% 3
Basic Materials
6.28% 0.00% 11.69% 5.20% 1
Real Estate
1.25% 0.00% 32.36% 23.18% 4
Utilities
0.00% -0.01% 10.17% 9.51% 3
Energy
0.00% 0.00% 14.29% 26.15% 5
Communication Services
0.00% 0.00% 19.82% 19.91% 4
Consumer Defense
0.00% -0.01% 22.39% 30.61% 5

Stock Geographic Breakdown

Weighting Category Low Category High PIPPX % Rank Quintile
US
94.04% 14.94% 114.57% 16.79% 3
Non US
3.82% 0.00% 52.35% 15.60% 2

PIPPX - Expenses

Operational Fees

PIPPX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.05% 0.07% 111.05% 23.99% 2
Management Fee 0.65% 0.06% 1.50% 5.05% 1
12b-1 Fee 0.10% 0.00% 1.00% 3.69% 2
Administrative Fee 0.03% 0.00% 25000.00% 7.83% 1

Sales Fees

PIPPX Fees (% of AUM) Category Low Category High PIPPX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

PIPPX Fees (% of AUM) Category Low Category High PIPPX Rank Quintile
Max Redemption Fee N/A 0.05% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PIPPX Fees (% of AUM) Category Low Category High PIPPX Rank Quintile
Turnover 110.30% 0.00% 558.00% 6.41% 5

PIPPX - Distributions

Dividend Yield Analysis

PIPPX Category Low Category High PIPPX % Rank Quintile
Dividend Yield N/A 0.00% 5.39% N/A N/A

Dividend Distribution Analysis

PIPPX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

PIPPX Category Low Category High PIPPX % Rank Quintile
Net Income Ratio 0.03% -2.43% 1.43% 10.43% 2

Capital Gain Distribution Analysis

PIPPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

PIPPX - Managers

Michael Iacono

Manager

Start Date

Dec 31, 2005

Tenure

11.92

Tenure Rank

4.9%

Mr. Iacono, CFA, has served as Managing Director since 2001. He has served as a Co-Portfolio Manager at Columbus Circle Investors. He has been with the firm since 1997. He earned a B.S. in Accounting from Boston College. Mr. Iacono is a CPA and has earned the right to use the Chartered Financial Analyst designation.


Katerina Wasserman

Manager

Start Date

Dec 31, 2009

Tenure

7.92

Tenure Rank

8.5%

Katerina Wasserman, Senior Managing Director and Portfolio Manager , joined Columbus Circle Investors in August 2000. Prior to becoming Senior Securities Analyst, she held the positions of Securities Analyst and of Research Associate. Prior to this, she was a Laboratory Manager at New York University where she handled both the financial administration of operation and the administration of scientific research projects. Ms. Wasserman also worked with PALL Corporation as a Scientist. Ms. Wasserman received her BS from the State University of New York at Stony Brook and a Master’s of Public Administration from the Robert F. Wagner Graduate School at New York University.


Clifford G. Fox

Manager

Start Date

Jan 05, 2005

Tenure

12.91

Tenure Rank

4.0%

Mr. Fox, CFA, has served as Senior Managing Director since 2000. He has served as a Portfolio Manager. Mr. Fox joined Columbus Circle Investors in October, 1992. Prior to this, he was Vice President of Equity Investments at General Reinsurance Corporation. He received his M.B.A. from the Stern School of Business, New York University and his B.S. from the Wharton School, University of Pennsylvania. Mr. Fox has earned the right to use the Chartered Financial Analyst designation and he is a member of the New York Society of Security Analysts.


Christopher Corbett

Manager

Start Date

Feb 01, 2017

Tenure

0.83

Tenure Rank

17.9%

Corbett, CFA, has served as Senior Vice President and Portfolio Manager at Columbus Circle Investors.


Tenure Analysis

Category Low

0.0

Category High

31.7

Category Average

7.32

Category Mode

0.7