Global Emerging Markets Fund (f/k/a International Emerging Markets Fund)
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$25.55
$220 M
1.78%
$0.45
1.70%
Vitals
YTD Return
3.9%
1 yr return
12.8%
3 Yr Avg Return
-4.7%
5 Yr Avg Return
3.2%
Net Assets
$220 M
Holdings in Top 10
33.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.70%
SALES FEES
Front Load 5.50%
Deferred Load N/A
TRADING FEES
Turnover 43.90%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$25.55
$220 M
1.78%
$0.45
1.70%
PRIAX - Profile
Distributions
- YTD Total Return 3.9%
- 3 Yr Annualized Total Return -4.7%
- 5 Yr Annualized Total Return 3.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.63%
- Dividend Yield 1.8%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameGlobal Emerging Markets Fund (f/k/a International Emerging Markets Fund)
-
Fund Family NamePrincipal Funds
-
Inception DateMar 19, 1998
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJeffrey Kilkenny
Fund Description
PRIAX - Performance
Return Ranking - Trailing
Period | PRIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.9% | -6.1% | 14.4% | 36.25% |
1 Yr | 12.8% | -6.1% | 41.9% | 37.33% |
3 Yr | -4.7%* | -22.7% | 9.1% | 42.47% |
5 Yr | 3.2%* | -7.2% | 11.5% | 41.93% |
10 Yr | 2.7%* | -2.3% | 6.8% | 53.71% |
* Annualized
Return Ranking - Calendar
Period | PRIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.5% | -6.5% | 35.5% | 31.31% |
2022 | -23.7% | -50.1% | -2.4% | 43.81% |
2021 | -6.4% | -33.1% | 22.5% | 57.27% |
2020 | 19.2% | -22.1% | 80.1% | 40.40% |
2019 | 14.0% | -0.7% | 42.0% | 79.74% |
Total Return Ranking - Trailing
Period | PRIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.9% | -6.1% | 14.4% | 36.25% |
1 Yr | 12.8% | -6.1% | 41.9% | 37.33% |
3 Yr | -4.7%* | -22.7% | 9.1% | 42.47% |
5 Yr | 3.2%* | -7.2% | 11.5% | 41.93% |
10 Yr | 2.7%* | -2.3% | 6.8% | 53.71% |
* Annualized
Total Return Ranking - Calendar
Period | PRIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.5% | -2.7% | 42.0% | 35.63% |
2022 | -22.9% | -42.2% | 1.9% | 54.10% |
2021 | 0.4% | -32.5% | 33.1% | 41.85% |
2020 | 19.3% | -20.0% | 81.6% | 43.47% |
2019 | 17.2% | 2.3% | 42.0% | 79.11% |
NAV & Total Return History
PRIAX - Holdings
Concentration Analysis
PRIAX | Category Low | Category High | PRIAX % Rank | |
---|---|---|---|---|
Net Assets | 220 M | 653 K | 96.1 B | 62.67% |
Number of Holdings | 150 | 10 | 6829 | 30.40% |
Net Assets in Top 10 | 70.7 M | 299 K | 17.9 B | 60.80% |
Weighting of Top 10 | 33.28% | 2.9% | 122.2% | 51.54% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd 7.48%
- Samsung Electronics Co Ltd 5.55%
- Tencent Holdings Ltd 4.44%
- Principal Government Money Market Fund - Class R-6 4.13%
- Alibaba Group Holding Ltd 3.14%
- PDD Holdings Inc 1.88%
- Saudi Arabian Oil Co 1.87%
- ICICI Bank Ltd 1.75%
- Saudi National Bank/The 1.58%
- Reliance Industries Ltd 1.47%
Asset Allocation
Weighting | Return Low | Return High | PRIAX % Rank | |
---|---|---|---|---|
Stocks | 95.25% | 0.00% | 103.65% | 69.87% |
Cash | 4.22% | -2.03% | 20.51% | 14.80% |
Preferred Stocks | 1.50% | 0.00% | 10.17% | 33.47% |
Other | 0.00% | -1.64% | 50.31% | 42.27% |
Convertible Bonds | 0.00% | 0.00% | 7.40% | 20.54% |
Bonds | 0.00% | 0.00% | 94.30% | 31.20% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PRIAX % Rank | |
---|---|---|---|---|
Technology | 21.48% | 0.00% | 47.50% | 53.31% |
Financial Services | 18.88% | 0.00% | 48.86% | 68.29% |
Consumer Cyclical | 12.69% | 0.00% | 48.94% | 40.22% |
Consumer Defense | 9.83% | 0.00% | 25.90% | 14.57% |
Industrials | 8.66% | 0.00% | 43.53% | 23.21% |
Energy | 8.61% | 0.00% | 24.80% | 8.91% |
Communication Services | 7.93% | 0.00% | 39.29% | 59.11% |
Basic Materials | 7.46% | 0.00% | 30.03% | 57.09% |
Healthcare | 3.01% | 0.00% | 16.53% | 65.18% |
Utilities | 1.05% | 0.00% | 39.12% | 52.50% |
Real Estate | 0.41% | 0.00% | 17.15% | 75.57% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PRIAX % Rank | |
---|---|---|---|---|
Non US | 90.94% | 0.00% | 100.18% | 29.60% |
US | 4.31% | 0.00% | 101.58% | 75.87% |
PRIAX - Expenses
Operational Fees
PRIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.70% | 0.03% | 24.48% | 29.45% |
Management Fee | 0.99% | 0.00% | 2.00% | 71.56% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 26.79% |
Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
PRIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.50% | 3.50% | 5.75% | 44.68% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
PRIAX 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.
PRIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 43.90% | 0.00% | 189.00% | 48.20% |
PRIAX - Distributions
Dividend Yield Analysis
PRIAX | Category Low | Category High | PRIAX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.78% | 0.00% | 9.88% | 49.87% |
Dividend Distribution Analysis
PRIAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
PRIAX | Category Low | Category High | PRIAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.63% | -1.98% | 17.62% | 53.25% |
Capital Gain Distribution Analysis
PRIAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 27, 2023 | $0.454 | OrdinaryDividend |
Dec 28, 2022 | $0.239 | OrdinaryDividend |
Dec 29, 2021 | $0.314 | OrdinaryDividend |
Dec 29, 2020 | $0.038 | OrdinaryDividend |
Dec 27, 2019 | $0.445 | OrdinaryDividend |
Dec 19, 2019 | $0.285 | OrdinaryDividend |
Dec 27, 2018 | $0.167 | OrdinaryDividend |
Dec 27, 2017 | $0.266 | OrdinaryDividend |
Dec 28, 2016 | $0.201 | OrdinaryDividend |
Dec 28, 2015 | $0.065 | OrdinaryDividend |
Dec 29, 2014 | $0.273 | OrdinaryDividend |
Dec 27, 2013 | $0.055 | OrdinaryDividend |
Dec 27, 2012 | $0.235 | OrdinaryDividend |
Dec 27, 2011 | $0.183 | OrdinaryDividend |
Dec 31, 2010 | $0.020 | OrdinaryDividend |
Dec 31, 2009 | $0.054 | OrdinaryDividend |
Dec 31, 2008 | $0.041 | OrdinaryDividend |
Dec 31, 2007 | $0.096 | OrdinaryDividend |
Dec 29, 2006 | $0.080 | OrdinaryDividend |
PRIAX - Fund Manager Analysis
Managers
Jeffrey Kilkenny
Start Date
Tenure
Tenure Rank
Jan 10, 2020
2.39
2.4%
Jeffrey Kilkenny was with Principal® from 1999-2006 and rejoined Principal® in 2012. He earned a bachelor's degree in Finance from the University of Iowa. Mr. Kilkenny has earned the right to use the Chartered Financial Analyst designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 33.71 | 6.53 | 13.42 |