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PMPPX Principal MidCap Value III R4

  • Fund
  • PMPPX
  • Price as of: Nov 17, 2017
  • $20.79
  • + $0.05
  • + 0.24%
  • Category
  • Mid Cap Value Equities

PMPPX - Profile

Vitals

  • YTD Return 11.9%
  • 3 Yr Annualized Return 7.6%
  • 5 Yr Annualized Return 12.7%
  • Net Assets $1.35 B
  • Holdings in Top 10 18.8%

52 WEEK LOW AND HIGH

$20.79
$18.52
$20.92

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.01%

SALES FEES

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

BROKERAGE FEES

  • Turnover 73.70%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return 11.9%
  • 3 Yr Annualized Total Return 7.6%
  • 5 Yr Annualized Total Return 12.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.37%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Principal MidCap Value Fund III
  • Fund Family Name Principal Funds
  • Inception Date Dec 06, 2000
  • Shares Outstanding N/A
  • Share Class Retirement
  • 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.

PMPPX - Performance

Return Ranking - Trailing

Period PMPPX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 11.9% -18.9% 22.4% 12.83% 1
1 Yr 17.4% -33.1% 34.6% 46.21% 3
3 Yr 7.6% * -9.7% 13.1% 53.16% 3
5 Yr 12.7% * -4.5% 20.1% 60.16% 4
10 Yr 7.2% * -0.9% 10.8% 39.57% 2

* Annualized


Return Ranking - Calendar

Period PMPPX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 10.1% -22.1% 28.0% 68.70% 4
2015 -7.9% -30.9% 5.2% 27.44% 2
2014 1.2% -18.7% 36.2% 48.18% 3
2013 31.2% -39.7% 66.3% 27.62% 2
2012 15.1% -8.2% 41.2% 45.95% 3

Total Return Ranking - Trailing

Period PMPPX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 11.9% -18.9% 22.4% 12.71% 1
1 Yr 17.4% -28.1% 97.8% 37.91% 2
3 Yr 7.6% * -7.6% 13.1% 46.84% 3
5 Yr 12.7% * -5.6% 22.4% 55.28% 3
10 Yr 7.2% * -0.9% 10.8% 37.42% 2

* Annualized


Total Return Ranking - Calendar

Period PMPPX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 10.1% -22.1% 28.0% 74.08% 4
2015 -4.6% -26.7% 9.6% 38.21% 2
2014 12.0% -12.4% 25.7% 40.34% 3
2013 46.3% 0.0% 165.8% 53.20% 3
2012 22.7% -6.0% 258.2% 63.96% 4

NAV & Total Return History

PMPPX - Holdings

Filings data as of: Sep 30, 2017

Concentration Analysis

PMPPX Category Low Category High PMPPX % Rank Quintile
Net Assets 1.35 B 313 K 38.8 B 12.26% 2
Number of Holdings 586 22 2601 0.94% 1
Net Assets in Top 10 254 M 105 K 9.23 B 13.44% 2
Weighting of Top 10 18.8% 6.4% 73.7% 26.89% 4

Top 10 Holdings

  1. E-mini S&P 400 3.63%
  2. Owens-Corning Inc 2.74%
  3. Royal Caribbean Cruises Ltd 1.75%
  4. CenterPoint Energy Inc 1.49%
  5. Prologis Inc 1.64%
  6. Cigna Corp 1.62%
  7. Norwegian Cruise Line Holdings Ltd 1.42%
  8. Xcel Energy Inc 1.48%
  9. Devon Energy Corp 1.59%
  10. Synopsys Inc 1.42%

Asset Allocation

Weighting Category Low Category High PMPPX % Rank Quintile
Stocks
100.11% 38.22% 100.39% 0.94% 1
Preferred Stocks
0.00% 0.00% 29.58% 5.19% 2
Other
0.00% -5.83% 9.04% 9.43% 3
Convertible Bonds
0.00% 0.00% 1.61% 1.89% 2
Bonds
0.00% -0.05% 26.58% 6.13% 2
Cash
-0.11% -0.39% 35.23% 32.78% 5

Stock Sector Breakdown

Weighting Category Low Category High PMPPX % Rank Quintile
Financial Services
20.45% 0.00% 37.79% 20.05% 3
Consumer Cyclical
13.95% 0.00% 32.24% 15.09% 2
Industrials
12.95% 0.00% 39.74% 20.52% 3
Real Estate
8.81% 0.00% 46.58% 13.44% 2
Energy
8.13% 0.00% 37.42% 11.79% 2
Utilities
7.91% 0.00% 13.01% 10.38% 2
Healthcare
7.91% 0.00% 21.72% 12.26% 2
Basic Materials
7.72% 0.00% 20.21% 8.49% 2
Technology
5.17% 0.00% 31.02% 34.43% 5
Consumer Defense
3.37% 0.00% 16.33% 26.18% 4
Communication Services
0.12% 0.00% 6.55% 17.69% 3

Stock Geographic Breakdown

Weighting Category Low Category High PMPPX % Rank Quintile
US
96.04% 31.81% 99.91% 12.03% 2
Non US
4.07% 0.00% 40.16% 15.09% 2

PMPPX - Expenses

Operational Fees

PMPPX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.01% 0.07% 19.64% 30.42% 2
Management Fee 0.64% 0.05% 1.26% 6.60% 2
12b-1 Fee 0.10% 0.00% 1.00% 4.84% 1
Administrative Fee 0.03% 0.01% 0.40% 12.03% 1

Sales Fees

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

Trading Fees

PMPPX Fees (% of AUM) Category Low Category High PMPPX 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.

PMPPX Fees (% of AUM) Category Low Category High PMPPX Rank Quintile
Turnover 73.70% 7.65% 628.00% 8.96% 4

PMPPX - Distributions

Dividend Yield Analysis

PMPPX Category Low Category High PMPPX % Rank Quintile
Dividend Yield 0.2% 0.00% 1.57% 32.36% 2

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

PMPPX Category Low Category High PMPPX % Rank Quintile
Net Income Ratio 1.37% -4.56% 7.52% 11.08% 1

Capital Gain Distribution Analysis

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

PMPPX - Managers

Randy L. Welch

Manager

Start Date

Jun 16, 2010

Tenure

7.3

Tenure Rank

10.3%

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

7.3

Tenure Rank

10.3%

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

29.2

Category Average

7.18

Category Mode

0.7