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PCBIX Principal MidCap Institutional

PCBIX - Profile

Vitals

  • YTD Return 36.2%
  • 3 Yr Annualized Return 11.4%
  • 5 Yr Annualized Return 6.8%
  • Net Assets $17 B
  • Holdings in Top 10 29.9%

52 WEEK LOW AND HIGH

$30.88
$21.38
$30.92

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.68%

SALES FEES

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

BROKERAGE FEES

  • Turnover 25.80%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Aug 15, 2013

STANDARD (TAXABLE)

$0

IRA

N/A

Fund Classification

PRIMARY CATEGORY

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

Distributions

  • YTD Total Return 36.2%
  • 3 Yr Annualized Total Return 18.0%
  • 5 Yr Annualized Total Return 13.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.13%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Principal MidCap 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 K. William Nolin

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® Index. The fund also invests in foreign securities.

PCBIX - Performance

Return Ranking - Trailing

Period PCBIX Return Category Return Low Category Return High Rank in Category (%)
YTD 36.2% 2.8% 40.0% 1.50%
1 Yr 3.8% -44.9% 10.2% 14.37%
3 Yr 11.4%* -25.0% 22.0% 18.03%
5 Yr 6.8%* -30.8% 13.9% 15.75%
10 Yr 11.0%* -13.7% 15.5% 12.42%

* Annualized


Return Ranking - Calendar

Period PCBIX Return Category Return Low Category Return High Rank in Category (%)
2018 -16.9% -51.7% 3.1% 54.97%
2017 21.3% -21.1% 34.8% 20.94%
2016 7.6% -61.7% 40.3% 16.04%
2015 -4.6% -54.0% 12.2% 35.12%
2014 6.9% -23.5% 15.2% 8.93%

Total Return Ranking - Trailing

Period PCBIX Return Category Return Low Category Return High Rank in Category (%)
YTD 36.2% 2.8% 40.0% 1.50%
1 Yr 16.3% -44.9% 16.3% 0.19%
3 Yr 18.0%* -16.4% 25.1% 7.34%
5 Yr 13.1%* -21.9% 14.8% 5.01%
10 Yr 16.2%* -8.3% 16.2% 0.33%

* Annualized


Total Return Ranking - Calendar

Period PCBIX Return Category Return Low Category Return High Rank in Category (%)
2018 -6.9% -51.7% 12.2% 31.77%
2017 25.3% -7.0% 39.4% 29.98%
2016 10.3% -61.7% 40.3% 19.60%
2015 1.4% -54.0% 12.2% 26.51%
2014 12.8% -23.5% 15.2% 2.98%

NAV & Total Return History

PCBIX - Holdings

Concentration Analysis

PCBIX Category Low Category High PCBIX % Rank
Net Assets 17 B 1.54 M 33.4 B 2.78%
Number of Holdings 86 15 2522 41.00%
Net Assets in Top 10 5 B 542 K 5.96 B 1.30%
Weighting of Top 10 29.88% 5.8% 95.0% 26.72%

Top 10 Holdings

  1. TransDigm Group Inc 4.00%

  2. Brookfield Asset Management Inc Class A 4.00%

  3. SBA Communications Corp 3.33%

  4. Markel Corp 3.01%

  5. CarMax Inc 2.97%

  6. Restaurant Brands International Inc 2.93%

  7. O'Reilly Automotive Inc 2.56%

  8. Hilton Worldwide Holdings Inc 2.46%

  9. Copart Inc 2.32%

  10. Black Knight Inc A 2.30%


Asset Allocation

Weighting Return Low Return High PCBIX % Rank
Stocks
99.98% 81.47% 127.86% 5.94%
Cash
0.02% -27.86% 18.53% 90.54%
Preferred Stocks
0.00% 0.00% 3.16% 49.17%
Other
0.00% -11.42% 2.60% 51.58%
Convertible Bonds
0.00% 0.00% 0.09% 46.94%
Bonds
0.00% 0.00% 3.08% 48.42%

Stock Sector Breakdown

Weighting Return Low Return High PCBIX % Rank
Consumer Cyclical
23.16% 2.71% 48.02% 6.68%
Financial Services
21.76% 0.00% 40.09% 2.78%
Technology
17.35% 0.00% 53.07% 90.91%
Industrials
14.29% 0.00% 34.69% 78.11%
Real Estate
8.79% 0.00% 48.92% 10.39%
Basic Materials
5.48% 0.00% 17.78% 8.53%
Communication Services
2.97% 0.00% 10.33% 6.31%
Healthcare
2.66% 0.00% 27.70% 96.29%
Utilities
1.98% 0.00% 6.52% 9.83%
Consumer Defense
1.51% 0.00% 17.49% 76.99%
Energy
0.00% 0.00% 11.00% 86.27%

Stock Geographic Breakdown

Weighting Return Low Return High PCBIX % Rank
US
87.23% 80.19% 123.93% 88.31%
Non US
12.75% 0.00% 17.26% 3.34%

PCBIX - Expenses

Operational Fees

PCBIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.68% 0.00% 244.89% 93.05%
Management Fee 0.58% 0.00% 1.50% 10.02%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.72% N/A

Sales Fees

PCBIX 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

PCBIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.05% 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.

PCBIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 25.80% 1.24% 384.00% 20.82%

PCBIX - Distributions

Dividend Yield Analysis

PCBIX Category Low Category High PCBIX % Rank
Dividend Yield 0.05% 0.00% 1.27% 10.95%

Dividend Distribution Analysis

PCBIX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

PCBIX Category Low Category High PCBIX % Rank
Net Income Ratio 0.13% -2.07% 1.51% 13.35%

Capital Gain Distribution Analysis

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

PCBIX - Managers

K. William Nolin

Manager

Start Date

Tenure

Tenure Rank

Dec 06, 2000

18.75

18.8%

Bill is the chief investment officer for Aligned Investors, an investment boutique within Principal Global Investors. He has served as lead portfolio manager for the Principal MidCap Fund since its 2001 inception and related portfolios since 1999. Bill and his dedicated investment team subsequently introduced the Principal Blue Chip strategy in 2012, utilizing the same philosophy and process while extending the team’s reach to larger companies. Bill joined Principal in 1993 in corporate credit research and transitioned to equities research in 1996. He earned an MBA from the Yale School of Management, and a bachelor’s degree in finance from the University of Iowa. Bill is a CFA charterholder and a member of the CFA Institute.


Thomas Rozycki

Manager

Start Date

Tenure

Tenure Rank

Mar 01, 2013

6.5

6.5%

Tom is the director of research for Aligned Investors, an investment boutique within Principal Global Investors. He is responsible for coordinating the research effort at Aligned Investors and also serves as portfolio manager for its MidCap and Blue Chip strategies. Tom joined the firm in 2001. He received a bachelor’s degree in finance from Drake University. Tom is a CFA charterholder and a member of the CFA Institute.


Tenure Analysis

Category Low

0.08

Category High

32.68

Category Average

8.05

Category Mode

9.01