MPSIX: Principal MidCap S&P 400 Index Inst

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MPSIX Principal MidCap S&P 400 Index Inst

MPSIX - Profile

Vitals

  • YTD Return 17.9%
  • 3 Yr Annualized Return 1.2%
  • 5 Yr Annualized Return 1.5%
  • Net Assets $1.31 B
  • Holdings in Top 10 9.5%

52 WEEK LOW AND HIGH

$20.08
$16.04
$21.73

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.21%

SALES FEES

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

BROKERAGE FEES

  • Turnover 14.30%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Mid-Cap Blend

Distributions

  • YTD Total Return 17.9%
  • 3 Yr Annualized Total Return 9.6%
  • 5 Yr Annualized Total Return 9.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.35%
DIVIDENDS
  • Dividend Yield 1.3%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Principal MidCap S&P 400 Index Fund
  • Fund Family Name Principal Funds
  • Inception Date Mar 01, 2001
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Jeffrey A. Schwarte

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 that compose the Standard & Poor's ("S&P") MidCap 400 Index at the time of purchase. The index is designed to represent U.S. equities with risk/return characteristics of the mid cap universe, which include growth and value stocks.

MPSIX - Performance

Return Ranking - Trailing

Period MPSIX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.9% -22.3% 31.1% 51.01%
1 Yr -5.6% -30.7% 21.1% 64.53%
3 Yr 1.2%* -14.7% 16.4% 57.91%
5 Yr 1.5%* -12.2% 11.5% 46.99%
10 Yr 6.0%* -4.3% 14.1% 44.75%

* Annualized


Return Ranking - Calendar

Period MPSIX Return Category Return Low Category Return High Rank in Category (%)
2018 -20.5% -44.3% -1.3% 52.68%
2017 8.1% -13.5% 18.9% 45.18%
2016 13.2% -16.4% 23.6% 30.12%
2015 -9.7% -30.9% -0.7% 46.19%
2014 3.3% -19.0% 16.3% 37.17%

Total Return Ranking - Trailing

Period MPSIX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.9% -22.3% 31.1% 51.01%
1 Yr 4.9% -30.7% 21.1% 31.98%
3 Yr 9.6%* -8.3% 15.5% 22.22%
5 Yr 9.4%* -6.6% 13.0% 8.03%
10 Yr 11.9%* -0.1% 13.5% 10.50%

* Annualized


Total Return Ranking - Calendar

Period MPSIX Return Category Return Low Category Return High Rank in Category (%)
2018 -11.5% -44.3% 0.1% 30.36%
2017 16.0% -8.7% 23.0% 36.54%
2016 20.4% -4.7% 26.2% 7.72%
2015 -2.5% -24.2% 3.9% 19.07%
2014 9.6% -19.0% 17.8% 26.11%

NAV & Total Return History

MPSIX - Holdings

Concentration Analysis

MPSIX Category Low Category High MPSIX % Rank
Net Assets 1.31 B 596 K 105 B 29.55%
Number of Holdings 405 24 3304 12.22%
Net Assets in Top 10 122 M 161 K 7.36 B 46.02%
Weighting of Top 10 9.45% 2.8% 55.4% 79.83%

Top 10 Holdings

  1. S&P Mid 400 Emini Sep19 3.63%

  2. Steris PLC 0.76%

  3. NVR Inc 0.70%

  4. Teledyne Technologies Inc 0.65%

  5. Zebra Technologies Corp 0.64%

  6. Alleghany Corp 0.63%

  7. West Pharmaceutical Services Inc 0.62%

  8. Old Dominion Freight Lines Inc 0.62%

  9. Camden Property Trust 0.61%

  10. FactSet Research Systems Inc 0.60%


Asset Allocation

Weighting Return Low Return High MPSIX % Rank
Stocks
99.72% 89.32% 100.19% 17.05%
Cash
0.29% -4.07% 10.68% 81.53%
Preferred Stocks
0.00% 0.00% 1.39% 59.38%
Other
0.00% -0.01% 2.32% 59.94%
Convertible Bonds
0.00% 0.00% 0.34% 59.38%
Bonds
0.00% 0.00% 5.39% 61.65%

Stock Sector Breakdown

Weighting Return Low Return High MPSIX % Rank
Technology
15.89% 4.41% 29.90% 59.09%
Financial Services
15.64% 0.95% 48.39% 51.99%
Industrials
14.77% 2.62% 45.75% 44.60%
Consumer Cyclical
14.04% 2.87% 38.74% 50.85%
Real Estate
10.53% -0.26% 16.31% 27.84%
Healthcare
8.83% 0.00% 22.42% 59.94%
Basic Materials
5.58% -1.12% 14.69% 33.52%
Utilities
4.26% -2.87% 15.87% 62.50%
Consumer Defense
3.21% 0.00% 12.34% 78.98%
Energy
2.75% 0.00% 16.03% 68.47%
Communication Services
0.60% 0.00% 23.25% 48.01%

Stock Geographic Breakdown

Weighting Return Low Return High MPSIX % Rank
US
99.59% 81.44% 100.12% 9.09%
Non US
0.13% -0.96% 13.40% 78.41%

MPSIX - Expenses

Operational Fees

MPSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.21% 0.00% 27.23% 93.33%
Management Fee 0.15% 0.00% 2.00% 10.51%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.41% N/A

Sales Fees

MPSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MPSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% 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.

MPSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 14.30% 0.00% 962.00% 9.77%

MPSIX - Distributions

Dividend Yield Analysis

MPSIX Category Low Category High MPSIX % Rank
Dividend Yield 1.28% 0.00% 2.87% 4.26%

Dividend Distribution Analysis

MPSIX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History


Net Income Ratio Analysis

MPSIX Category Low Category High MPSIX % Rank
Net Income Ratio 1.35% -4.66% 3.73% 11.01%

Capital Gain Distribution Analysis

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

MPSIX - Managers

Jeffrey A. Schwarte

Manager

Start Date

Tenure

Tenure Rank

Jul 29, 2016

3.17

3.2%

Jeff is a portfolio manager at Principal Global Equities. Jeff is an active member in the group’s research and development activities. He joined the equities group in 2000 as an analyst and named a portfolio manager in 2001. He has been with Principal since 1993. He received a bachelor's degree in accounting from the University of Northern Iowa. Jeff has earned the right to use the CFA designation. He is a Certified Internal Auditor and a Fellow of the Life Management Institute (FLMI). Jeff is a member of the CFA Society of Iowa and the CFA Institute.


Aaron J. Siebel

Manager

Start Date

Tenure

Tenure Rank

Oct 15, 2018

0.96

1.0%

Aaron J. Siebel has been with Principal® since 2005. He earned a BA in Finance from the University of Iowa in 2005.


Tenure Analysis

Category Low

0.0

Category High

32.5

Category Average

6.05

Category Mode

0.28