PABWX: Principal MidCap Value I R4

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PABWX Principal MidCap Value I R4


Profile

PABWX - Profile

Vitals

  • YTD Return -16.8%
  • 3 Yr Annualized Return -6.6%
  • 5 Yr Annualized Return -5.0%
  • Net Assets $2.04 B
  • Holdings in Top 10 13.7%

52 WEEK LOW AND HIGH

$11.76
$8.40
$14.73

Expenses

OPERATING RELATED FEES

  • Expense Ratio N/A

SALES FEES

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

BROKERAGE FEES

  • Turnover 60.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -16.8%
  • 3 Yr Annualized Total Return -0.7%
  • 5 Yr Annualized Total Return 0.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.93%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Principal MidCap Value Fund I
  • Fund Family Name
    Principal Funds
  • Inception Date
    Jun 01, 2004
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Randy 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 also invests in real estate investment trusts.


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Categories

Performance

PABWX - Performance

Return Ranking - Trailing

Period PABWX Return Category Return Low Category Return High Rank in Category (%)
YTD -16.8% -32.9% 0.0% 8.64%
1 Yr -11.4% -92.8% 9.1% 29.29%
3 Yr -6.6%* -57.9% 2.1% 32.17%
5 Yr -5.0%* -39.4% 4.0% 47.56%
10 Yr 0.5%* -18.6% 8.6% 67.80%

* Annualized

Return Ranking - Calendar

Period PABWX Return Category Return Low Category Return High Rank in Category (%)
2019 20.5% -92.4% 35.0% 56.53%
2018 -21.3% -36.8% -7.9% 50.14%
2017 7.2% -16.5% 19.3% 50.30%
2016 13.5% -14.6% 28.1% 61.83%
2015 -16.7% -36.5% 0.2% 74.92%

Total Return Ranking - Trailing

Period PABWX Return Category Return Low Category Return High Rank in Category (%)
YTD -16.8% -32.9% 0.0% 8.64%
1 Yr -11.4% -92.8% 9.1% 29.29%
3 Yr -0.7%* -57.7% 4.2% 14.78%
5 Yr 0.8%* -39.0% 6.4% 24.43%
10 Yr 8.0%* -18.4% 9.9% 18.05%

* Annualized

Total Return Ranking - Calendar

Period PABWX Return Category Return Low Category Return High Rank in Category (%)
2019 20.5% -92.4% 35.0% 56.53%
2018 -11.4% -32.7% -4.1% 11.57%
2017 14.2% 0.5% 26.9% 28.05%
2016 14.8% -2.5% 29.0% 72.87%
2015 -7.7% -25.7% 5.0% 68.23%

NAV & Total Return History


Holdings

PABWX - Holdings

Concentration Analysis

PABWX Category Low Category High PABWX % Rank
Net Assets 2.04 B 708 K 16.7 B 21.56%
Number of Holdings 638 3 2516 0.78%
Net Assets in Top 10 280 M 157 K 2.7 B 31.43%
Weighting of Top 10 13.74% 8.1% 99.9% 89.87%

Top 10 Holdings

  1. Archer-Daniels Midland Co 1.70%
  2. E-mini S&P MidCap 400 Future June 20 1.55%
  3. Alleghany Corp 1.43%
  4. Quest Diagnostics Inc 1.41%
  5. Landstar System Inc 1.39%
  6. Highwoods Properties Inc 1.39%
  7. Darden Restaurants Inc 1.27%
  8. Reliance Steel & Aluminum Co 1.22%
  9. Eastman Chemical Co 1.21%
  10. Prosperity Bancshares Inc 1.16%

Asset Allocation

Weighting Return Low Return High PABWX % Rank
Stocks
99.17% 85.33% 100.22% 19.74%
Cash
0.83% -0.65% 14.67% 77.92%
Other
0.01% -0.09% 3.69% 3.90%
Preferred Stocks
0.00% 0.00% 0.35% 12.73%
Convertible Bonds
0.00% 0.00% 0.00% 11.69%
Bonds
0.00% 0.00% 1.28% 16.36%

Stock Sector Breakdown

Weighting Return Low Return High PABWX % Rank
Financial Services
17.82% 0.76% 33.19% 71.43%
Industrials
15.49% 1.93% 26.87% 40.78%
Technology
13.46% 0.00% 21.67% 20.78%
Consumer Cyclical
11.16% 1.64% 24.09% 40.52%
Real Estate
9.64% 0.00% 19.27% 44.68%
Healthcare
7.90% 0.04% 44.74% 69.61%
Consumer Defense
7.00% 0.00% 26.48% 37.66%
Basic Materials
6.39% 0.00% 17.04% 30.13%
Utilities
5.45% 0.00% 18.77% 70.13%
Energy
3.48% 0.00% 20.66% 45.45%
Communication Services
2.20% 0.00% 28.56% 52.47%

Stock Geographic Breakdown

Weighting Return Low Return High PABWX % Rank
US
96.03% 80.90% 99.46% 35.58%
Non US
3.14% 0.00% 13.70% 48.05%

Expenses

PABWX - Expenses

Operational Fees

PABWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.07% 27.75% 40.26%
Management Fee 0.65% 0.00% 1.20% 24.94%
12b-1 Fee 0.10% 0.00% 1.00% 23.63%
Administrative Fee 0.03% 0.01% 0.47% 3.48%

Sales Fees

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

Trading Fees

PABWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

PABWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 60.00% 6.00% 204.00% 71.58%

Distributions

PABWX - Distributions

Dividend Yield Analysis

PABWX Category Low Category High PABWX % Rank
Dividend Yield 0.00% 0.00% 12.79% 14.29%

Dividend Distribution Analysis

PABWX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

PABWX Category Low Category High PABWX % Rank
Net Income Ratio 0.93% -0.89% 2.49% 57.11%

Capital Gain Distribution Analysis

PABWX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

PABWX - Fund Manager Analysis

Managers

Randy Welch


Start Date

Tenure

Tenure Rank

Jun 02, 2009

10.92

10.9%

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 Fennessey


Start Date

Tenure

Tenure Rank

Jun 02, 2009

10.92

10.9%

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 Category High Category Average Category Mode
0.02 33.5 7.61 8.84