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PMCJX Principal MidCap Value III J

  • Fund
  • PMCJX
  • Price as of: Jul 20, 2018
  • $19.62
  • - $0.08
  • - 0.41%
  • Category
  • Mid Cap Value Equities

PMCJX - Profile

Vitals

  • YTD Return -2.3%
  • 3 Yr Annualized Return 5.3%
  • 5 Yr Annualized Return 9.3%
  • Net Assets $1.19 B
  • Holdings in Top 10 18.3%

52 WEEK LOW AND HIGH

$19.62
$18.73
$21.61

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.95%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 80.80%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$1,000

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return -2.3%
  • 3 Yr Annualized Total Return 5.3%
  • 5 Yr Annualized Total Return 9.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.04%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Principal MidCap Value Fund III
  • Fund Family Name Principal Funds
  • Inception Date Mar 01, 2001
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Randy L. Welch

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. It invests in value equity securities, an investment strategy that emphasizes buying equity securities that appear to be undervalued. The fund invests in real estate investment trusts.

PMCJX - Performance

Return Ranking - Trailing

Period PMCJX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -2.3% -100.0% 20.9% 84.09% 5
1 Yr 4.4% -33.1% 33.5% 86.97% 5
3 Yr 5.3% * -9.7% 13.0% 84.56% 5
5 Yr 9.3% * -4.5% 16.0% 74.66% 4
10 Yr 8.8% * 0.1% 13.9% 51.20% 3

* Annualized


Return Ranking - Calendar

Period PMCJX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 7.6% -22.1% 26.2% 41.32% 3
2016 10.3% -23.0% 28.0% 67.95% 4
2015 -7.9% -30.9% 36.2% 30.57% 2
2014 1.4% -18.7% 35.1% 50.84% 3
2013 31.3% -39.7% 66.3% 25.95% 2

Total Return Ranking - Trailing

Period PMCJX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -2.3% -100.0% 18.7% 84.17% 5
1 Yr 3.4% -28.1% 97.8% 79.15% 4
3 Yr 5.3% * -7.6% 13.0% 79.49% 4
5 Yr 9.3% * -5.6% 22.4% 66.04% 4
10 Yr 8.8% * 0.1% 13.9% 48.49% 3

* Annualized


Total Return Ranking - Calendar

Period PMCJX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 7.6% -22.1% 26.2% 41.81% 3
2016 10.3% -12.8% 28.0% 72.82% 4
2015 -4.6% -26.7% 25.7% 40.83% 3
2014 12.0% -12.4% 138.4% 42.42% 3
2013 46.1% -6.0% 165.8% 52.19% 3

NAV & Total Return History

PMCJX - Holdings

Filings data as of: May 31, 2018

Concentration Analysis

PMCJX Category Low Category High PMCJX % Rank Quintile
Net Assets 1.19 B 313 K 36.3 B 9.67% 2
Number of Holdings 591 24 2582 0.94% 1
Net Assets in Top 10 218 M 105 K 10.2 B 11.32% 2
Weighting of Top 10 18.3% 6.4% 55.6% 24.06% 4

Top 10 Holdings

  1. S&P Mid 400 Emini Jun18 3.79%
  2. Owens-Corning Inc 1.45%
  3. Royal Caribbean Cruises Ltd 1.69%
  4. Cigna Corp 1.46%
  5. Devon Energy Corp 2.32%
  6. Spirit AeroSystems Holdings Inc 1.45%
  7. KeyCorp 1.81%
  8. Xcel Energy Inc 1.39%
  9. Vermilion Energy Inc 1.39%
  10. Microchip Technology Inc 1.53%

Asset Allocation

Weighting Category Low Category High PMCJX % Rank Quintile
Stocks
100.20% 22.95% 100.35% 0.47% 1
Preferred Stocks
0.00% 0.00% 22.87% 3.77% 2
Other
0.00% -5.25% 7.57% 5.66% 2
Convertible Bonds
0.00% 0.00% 0.68% 0.94% 2
Bonds
0.00% -0.05% 19.98% 4.25% 2
Cash
-0.20% -3.06% 49.53% 30.19% 5

Stock Sector Breakdown

Weighting Category Low Category High PMCJX % Rank Quintile
Financial Services
22.16% 0.00% 37.79% 12.26% 2
Consumer Cyclical
14.31% 0.00% 38.86% 11.08% 2
Industrials
12.13% 0.00% 36.00% 20.52% 4
Real Estate
9.87% 0.00% 46.58% 10.14% 2
Energy
8.68% 0.00% 37.42% 12.26% 3
Utilities
7.81% 0.00% 11.71% 8.49% 2
Basic Materials
6.89% 0.00% 20.59% 8.96% 2
Healthcare
6.13% 0.00% 25.68% 20.28% 3
Technology
4.68% 0.00% 29.47% 30.66% 5
Consumer Defense
3.65% 0.00% 16.80% 21.93% 4
Communication Services
0.09% 0.00% 5.49% 17.22% 3

Stock Geographic Breakdown

Weighting Category Low Category High PMCJX % Rank Quintile
US
95.40% 15.93% 100.00% 10.85% 2
Non US
4.80% 0.00% 39.66% 10.85% 2

PMCJX - Expenses

Operational Fees

PMCJX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.95% 0.07% 19.64% 32.31% 2
Management Fee 0.63% 0.06% 1.26% 7.31% 2
12b-1 Fee 0.15% 0.00% 1.00% 4.42% 2
Administrative Fee N/A 0.01% 0.40% N/A N/A

Sales Fees

PMCJX Fees (% of AUM) Category Low Category High PMCJX Rank Quintile
Front Load N/A 2.50% 5.75% N/A N/A
Deferred Load 1.00% 1.00% 5.00% 4.94% 1

Trading Fees

PMCJX Fees (% of AUM) Category Low Category High PMCJX Rank Quintile
Max Redemption Fee N/A 0.50% 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.

PMCJX Fees (% of AUM) Category Low Category High PMCJX Rank Quintile
Turnover 80.80% 6.00% 628.00% 8.02% 4

PMCJX - Distributions

Dividend Yield Analysis

PMCJX Category Low Category High PMCJX % Rank Quintile
Dividend Yield 0.1% 0.00% 1.57% 37.58% 3

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

PMCJX Category Low Category High PMCJX % Rank Quintile
Net Income Ratio 1.04% -4.96% 6.78% 14.62% 2

Capital Gain Distribution Analysis

PMCJX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

PMCJX - Managers

Randy L. Welch

Manager

Start Date

Jun 16, 2010

Tenure

8.04

Tenure Rank

7.6%

Mr. Welch is a Vice President of Principal Management Corporation. Mr. Welch joined the Principal Financial Group in 1989 and oversees the functions of the Investment Services group, which includes investment manager research, investment consulting, performance analysis, and investment communication. He is also responsible for the due diligence program that monitors investment managers used by the Principal Funds. Mr. Welch is an affiliate member of the Chartered Financial Analysts (CFA) Institute. Mr. Welch earned a B.A. in Business/ Finance from Grand View College and an M.B.A. from Drake University.


James W. Fennessey

Manager

Start Date

Jun 16, 2010

Tenure

8.04

Tenure Rank

7.6%

Mr. Fennessey, CFA, Vice President of Principal Management Corporation. Mr. Fennessey joined the Principal Financial Group in 2000. He is the Head of the Manager Research Team that is responsible for analyzing, interpreting and coordinating investment performance data and evaluation of the investment managers under the due diligence program that monitors investment managers used by the Principal Funds and is a member of the Principal Funds Investment Committee. Fennessey earned a B.S. in Business Administration, with an emphasis in Finance, and a minor in Economics from Truman State University. He has earned the right to use the Chartered Financial Analyst designation.


Tenure Analysis

Category Low

0.1

Category High

29.9

Category Average

7.21

Category Mode

3.5