Small-MidCap Dividend Income Fund
Fund
PMDDX
Price as of:
$19.92
+ $0.15
+ 0.76%
Primary Theme
fund company
Name
As of 11/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
16.3%
1 yr return
28.6%
3 Yr Avg Return
6.3%
5 Yr Avg Return
8.3%
Net Assets
$1.72 B
Holdings in Top 10
21.7%
52 WEEK LOW AND HIGH
$19.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 2.01%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 74.60%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
PMDDX - Profile
Distributions
- YTD Total Return 16.3%
- 3 Yr Annualized Total Return 6.3%
- 5 Yr Annualized Total Return 8.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.03%
- Dividend Yield 0.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameSmall-MidCap Dividend Income Fund
-
Fund Family NamePrincipal Funds
-
Inception DateJun 15, 2012
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDaniel Coleman
Fund Description
Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities of companies with small-to-medium market capitalizations at the time of purchase. For this Fund, companies with small-to-medium market capitalizations are those with market capitalizations similar to companies in the Russell 2500® Value Index (as of November 30, 2023, this was between approximately $23.5 million and $19.8 billion). The Fund invests in value equity securities, which emphasizes buying equity securities that appear to be undervalued. The Fund invests in growth equity securities, which emphasizes buying equity securities of companies whose potential for growth of capital and earnings is expected to be above average. The Fund’s investments include the securities of foreign issuers and real estate investment trusts.
PMDDX - Performance
Return Ranking - Trailing
| Period | PMDDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.3% | 4.8% | 31.9% | 37.91% |
| 1 Yr | 28.6% | 14.6% | 44.1% | 21.43% |
| 3 Yr | 6.3%* | -1.5% | 15.7% | 62.12% |
| 5 Yr | 8.3%* | 0.8% | 17.8% | 83.24% |
| 10 Yr | 7.6%* | 1.7% | 11.7% | 68.42% |
* Annualized
Return Ranking - Calendar
| Period | PMDDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.8% | -11.3% | 33.3% | 11.57% |
| 2022 | -17.4% | -41.6% | 2.3% | 74.09% |
| 2021 | 28.8% | -41.5% | 44.9% | 15.64% |
| 2020 | -7.9% | -29.0% | 22.1% | 94.03% |
| 2019 | 21.7% | -8.1% | 31.2% | 50.15% |
Total Return Ranking - Trailing
| Period | PMDDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.3% | 4.8% | 31.9% | 37.91% |
| 1 Yr | 28.6% | 14.6% | 44.1% | 21.43% |
| 3 Yr | 6.3%* | -1.5% | 15.7% | 62.12% |
| 5 Yr | 8.3%* | 0.8% | 17.8% | 83.24% |
| 10 Yr | 7.6%* | 1.7% | 11.7% | 68.42% |
* Annualized
Total Return Ranking - Calendar
| Period | PMDDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.6% | -1.7% | 36.5% | 16.25% |
| 2022 | -12.6% | -35.0% | 2.4% | 87.74% |
| 2021 | 29.2% | 6.2% | 48.3% | 47.21% |
| 2020 | -7.3% | -22.9% | 23.2% | 98.58% |
| 2019 | 24.1% | -3.0% | 35.7% | 74.49% |
NAV & Total Return History
PMDDX - Holdings
Concentration Analysis
| PMDDX | Category Low | Category High | PMDDX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.72 B | 991 K | 28 B | 34.07% |
| Number of Holdings | 75 | 8 | 2308 | 53.02% |
| Net Assets in Top 10 | 324 M | 319 K | 5.52 B | 38.19% |
| Weighting of Top 10 | 21.73% | 4.6% | 100.2% | 45.88% |
Top 10 Holdings
- East West Bancorp Inc 2.55%
- Targa Resources Corp 2.36%
- MKS Instruments Inc 2.24%
- Williams-Sonoma Inc 2.17%
- Ingredion Inc 2.16%
- Leidos Holdings Inc 2.09%
- Jefferies Financial Group Inc 2.07%
- Principal Government Money Market Fund - Class R-6 2.05%
- Fidelity National Financial Inc 2.03%
- Packaging Corp of America 2.00%
Asset Allocation
| Weighting | Return Low | Return High | PMDDX % Rank | |
|---|---|---|---|---|
| Stocks | 97.86% | 56.67% | 103.53% | 68.41% |
| Cash | 2.14% | 0.00% | 38.75% | 34.62% |
| Preferred Stocks | 0.00% | 0.00% | 1.68% | 18.41% |
| Other | 0.00% | -0.10% | 7.30% | 43.41% |
| Convertible Bonds | 0.00% | 0.00% | 0.02% | 9.67% |
| Bonds | 0.00% | 0.00% | 19.09% | 12.91% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PMDDX % Rank | |
|---|---|---|---|---|
| Financial Services | 18.39% | 0.00% | 60.11% | 46.69% |
| Industrials | 18.36% | 0.00% | 29.02% | 21.82% |
| Real Estate | 12.70% | 0.00% | 40.74% | 2.76% |
| Consumer Cyclical | 12.23% | 0.00% | 29.62% | 33.15% |
| Technology | 9.94% | 0.00% | 30.07% | 43.09% |
| Energy | 6.98% | 0.00% | 29.17% | 56.91% |
| Healthcare | 6.94% | 0.00% | 32.47% | 76.24% |
| Basic Materials | 4.76% | 0.00% | 23.88% | 61.60% |
| Utilities | 4.63% | 0.00% | 24.69% | 65.47% |
| Communication Services | 3.27% | 0.00% | 19.80% | 37.85% |
| Consumer Defense | 1.79% | 0.00% | 33.79% | 95.86% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PMDDX % Rank | |
|---|---|---|---|---|
| US | 96.48% | 56.67% | 103.53% | 71.70% |
| Non US | 1.38% | 0.00% | 33.85% | 23.63% |
PMDDX - Expenses
Operational Fees
| PMDDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 2.01% | 0.06% | 16.92% | 5.51% |
| Management Fee | 0.78% | 0.00% | 1.20% | 79.67% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 84.90% |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| PMDDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 4.00% | 14.29% |
Trading Fees
| PMDDX 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.
| PMDDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 74.60% | 0.00% | 227.00% | 79.52% |
PMDDX - Distributions
Dividend Yield Analysis
| PMDDX | Category Low | Category High | PMDDX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.31% | 0.00% | 22.79% | 56.20% |
Dividend Distribution Analysis
| PMDDX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| PMDDX | Category Low | Category High | PMDDX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.03% | -1.84% | 4.73% | 92.52% |
Capital Gain Distribution Analysis
| PMDDX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 19, 2024 | $0.015 | OrdinaryDividend |
| Mar 19, 2024 | $0.028 | OrdinaryDividend |
| Dec 27, 2023 | $0.029 | OrdinaryDividend |
| Dec 13, 2023 | $0.040 | CapitalGainShortTerm |
| Dec 13, 2023 | $0.110 | CapitalGainLongTerm |
| Sep 20, 2023 | $0.019 | OrdinaryDividend |
| Jun 20, 2023 | $0.026 | OrdinaryDividend |
| Mar 17, 2023 | $0.026 | OrdinaryDividend |
| Dec 28, 2022 | $0.027 | OrdinaryDividend |
| Dec 13, 2022 | $0.788 | OrdinaryDividend |
| Sep 20, 2022 | $0.030 | OrdinaryDividend |
| Jun 17, 2022 | $0.014 | OrdinaryDividend |
| Mar 17, 2022 | $0.019 | OrdinaryDividend |
| Dec 13, 2021 | $0.016 | OrdinaryDividend |
| Mar 17, 2021 | $0.030 | OrdinaryDividend |
| Dec 29, 2020 | $0.025 | OrdinaryDividend |
| Sep 18, 2020 | $0.018 | OrdinaryDividend |
| Mar 18, 2020 | $0.032 | OrdinaryDividend |
| Dec 27, 2019 | $0.080 | OrdinaryDividend |
| Dec 19, 2019 | $0.101 | CapitalGainLongTerm |
| Sep 18, 2019 | $0.029 | OrdinaryDividend |
| Jun 19, 2019 | $0.043 | OrdinaryDividend |
| Mar 19, 2019 | $0.032 | OrdinaryDividend |
| Dec 27, 2018 | $0.143 | OrdinaryDividend |
| Dec 19, 2018 | $0.070 | CapitalGainShortTerm |
| Dec 19, 2018 | $1.822 | CapitalGainLongTerm |
| Sep 18, 2018 | $0.022 | OrdinaryDividend |
| Jun 19, 2018 | $0.001 | OrdinaryDividend |
| Mar 19, 2018 | $0.021 | OrdinaryDividend |
| Dec 27, 2017 | $0.028 | OrdinaryDividend |
| Dec 20, 2017 | $0.229 | CapitalGainShortTerm |
| Dec 20, 2017 | $0.547 | CapitalGainLongTerm |
| Sep 18, 2017 | $0.033 | OrdinaryDividend |
| Dec 28, 2016 | $0.214 | OrdinaryDividend |
| Sep 30, 2016 | $0.021 | OrdinaryDividend |
| Jun 30, 2016 | $0.034 | OrdinaryDividend |
| Mar 31, 2016 | $0.035 | OrdinaryDividend |
| Dec 28, 2015 | $0.094 | OrdinaryDividend |
| Dec 17, 2015 | $0.257 | CapitalGainLongTerm |
| Sep 30, 2015 | $0.034 | OrdinaryDividend |
| Jun 30, 2015 | $0.034 | OrdinaryDividend |
| Mar 31, 2015 | $0.046 | OrdinaryDividend |
| Dec 29, 2014 | $0.079 | OrdinaryDividend |
| Dec 17, 2014 | $0.028 | CapitalGainShortTerm |
| Dec 17, 2014 | $0.285 | CapitalGainLongTerm |
| Sep 30, 2014 | $0.033 | OrdinaryDividend |
| Jun 30, 2014 | $0.030 | OrdinaryDividend |
| Mar 31, 2014 | $0.038 | OrdinaryDividend |
| Dec 27, 2013 | $0.059 | OrdinaryDividend |
| Dec 18, 2013 | $0.014 | CapitalGainShortTerm |
| Dec 18, 2013 | $0.247 | CapitalGainLongTerm |
| Sep 30, 2013 | $0.053 | OrdinaryDividend |
| Jun 28, 2013 | $0.050 | OrdinaryDividend |
| Mar 28, 2013 | $0.060 | OrdinaryDividend |
| Dec 27, 2012 | $0.105 | OrdinaryDividend |
| Dec 19, 2012 | $0.031 | CapitalGainLongTerm |
| Sep 28, 2012 | $0.062 | OrdinaryDividend |
| Jun 29, 2012 | $0.067 | OrdinaryDividend |
PMDDX - Fund Manager Analysis
Managers
Daniel Coleman
Start Date
Tenure
Tenure Rank
Jun 06, 2011
10.99
11.0%
Dan is the Chief Investment Officer at Edge Asset Management, an investment boutique within Principal Global Investors, and serves as a Portfolio Manager. He is responsible for security selection and overseeing the firm’s equity strategies. Dan joined Edge as a Portfolio Manager in 2001 and was promoted to the Head of Equities in 2005. He has been in the investment industry since 1979. Previously, he was Vice President and Senior Business Manager for Info Space, Inc./Go2Net, Inc. His background also includes positions with Brookhaven Capital Management, LLC/Clyde Hill Research and Ragen MacKenzie. Dan received an MBA from New York University and a bachelor's degree in finance from the University of
Sarah Radecki
Start Date
Tenure
Tenure Rank
Sep 28, 2018
3.67
3.7%
Sarah E. Radecki joined Principal in 1999. Ms. Radecki earned bachelor’s degrees in political science and economics from Saint Mary’s College of California and a master’s degree in economics from the University of California at Santa Barbara. She has earned the right to use the Chartered Financial Analyst designation.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 35.59 | 8.16 | 10.92 |