Principal Small-MidCap Growth Fund
- PSMHX
- Price as of: Nov 27, 2020
-
$17.17
N/A N/A
- Primary Theme
- U.S. Mid-Cap Growth Equity
- Fund Company
- Principal Funds
- Share Class
PSMHX - Snapshot
Vitals
- YTD Return 66.6%
- 3 Yr Annualized Return N/A
- 5 Yr Annualized Return N/A
- Net Assets $8.25 M
- Holdings in Top 10 29.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 5.35%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 175.80%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Mid-Cap Growth Equity
- Fund Type Open End Mutual Fund
- Investment Style Mid-Cap Growth
PSMHX - Profile
Distributions
- YTD Total Return 66.6%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.48%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NamePrincipal Small-MidCap Growth Fund
-
Fund Family NamePrincipal Funds
-
Inception DateJun 12, 2019
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael Iacono
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 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 within the range of companies in the Russell 2500 Growth Index.
PSMHX - Performance
Return Ranking - Trailing
| Period | PSMHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 66.6% | -71.1% | 2371.6% | 5.93% |
| 1 Yr | 53.6% | -14.4% | 114.6% | 5.39% |
| 3 Yr | N/A* | -3.5% | 47.4% | N/A |
| 5 Yr | N/A* | -1.0% | 37.5% | N/A |
| 10 Yr | N/A* | 4.3% | 20.6% | N/A |
* Annualized
Return Ranking - Calendar
| Period | PSMHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | N/A | -50.2% | 44.9% | N/A |
| 2018 | N/A | -70.5% | 9.2% | N/A |
| 2017 | N/A | -21.1% | 84.9% | N/A |
| 2016 | N/A | -61.7% | 39.8% | N/A |
| 2015 | N/A | -54.0% | 12.2% | N/A |
Total Return Ranking - Trailing
| Period | PSMHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 66.6% | -71.3% | 2371.6% | 5.93% |
| 1 Yr | 53.6% | -18.9% | 114.6% | 5.24% |
| 3 Yr | N/A* | -4.7% | 47.4% | N/A |
| 5 Yr | N/A* | -1.0% | 37.5% | N/A |
| 10 Yr | N/A* | 4.3% | 20.6% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | PSMHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | N/A | -50.2% | 44.9% | N/A |
| 2018 | N/A | -51.7% | 12.2% | N/A |
| 2017 | N/A | -7.0% | 84.9% | N/A |
| 2016 | N/A | -61.7% | 39.8% | N/A |
| 2015 | N/A | -54.0% | 12.2% | N/A |
NAV & Total Return History
PSMHX - Holdings
Concentration Analysis
| PSMHX | Category Low | Category High | PSMHX % Rank | |
|---|---|---|---|---|
| Net Assets | 8.25 M | 919 K | 34 B | 97.26% |
| Number of Holdings | 85 | 13 | 2566 | 43.85% |
| Net Assets in Top 10 | 2.23 M | 181 K | 7.69 B | 98.06% |
| Weighting of Top 10 | 29.04% | 3.3% | 94.2% | 35.23% |
Top 10 Holdings
- Horizon Therapeutics PLC 3.94%
- Horizon Therapeutics PLC 3.94%
- Horizon Therapeutics PLC 3.94%
- Horizon Therapeutics PLC 3.94%
- Horizon Therapeutics PLC 3.94%
- Horizon Therapeutics PLC 3.94%
- Horizon Therapeutics PLC 3.94%
- Horizon Therapeutics PLC 3.94%
- Horizon Therapeutics PLC 3.94%
- Horizon Therapeutics PLC 3.94%
Asset Allocation
| Weighting | Return Low | Return High | PSMHX % Rank | |
|---|---|---|---|---|
| Stocks | 99.35% | 23.73% | 139.77% | 31.23% |
| Cash | 0.65% | -55.75% | 39.68% | 65.53% |
| Preferred Stocks | 0.00% | 0.00% | 1.64% | 75.08% |
| Other | 0.00% | -41.95% | 75.09% | 76.54% |
| Convertible Bonds | 0.00% | 0.00% | 1.20% | 73.62% |
| Bonds | 0.00% | 0.00% | 16.44% | 74.76% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PSMHX % Rank | |
|---|---|---|---|---|
| Healthcare | 28.18% | 0.00% | 39.13% | 11.17% |
| Technology | 24.90% | 0.00% | 59.48% | 78.16% |
| Consumer Cyclical | 20.18% | 0.00% | 65.22% | 7.12% |
| Industrials | 13.43% | 0.00% | 43.94% | 52.43% |
| Financial Services | 8.24% | 0.00% | 40.21% | 25.24% |
| Consumer Defense | 4.06% | 0.00% | 15.89% | 35.92% |
| Communication Services | 1.01% | 0.00% | 22.10% | 87.86% |
| Utilities | 0.00% | 0.00% | 5.37% | 81.88% |
| Real Estate | 0.00% | 0.00% | 14.36% | 94.82% |
| Energy | 0.00% | 0.00% | 60.50% | 84.95% |
| Basic Materials | 0.00% | 0.00% | 17.56% | 93.04% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PSMHX % Rank | |
|---|---|---|---|---|
| US | 98.61% | 23.51% | 139.77% | 7.28% |
| Non US | 0.74% | 0.00% | 31.43% | 87.86% |
PSMHX - Expenses
Operational Fees
| PSMHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 5.35% | 0.05% | 27.43% | 2.04% |
| Management Fee | 0.70% | 0.00% | 1.50% | 38.29% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| PSMHX 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% | 5.50% | N/A |
Trading Fees
| PSMHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.20% | 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.
| PSMHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 175.80% | 1.00% | 457.00% | 96.53% |
PSMHX - Distributions
Dividend Yield Analysis
| PSMHX | Category Low | Category High | PSMHX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 32.95% | 76.13% |
Dividend Distribution Analysis
| PSMHX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
| PSMHX | Category Low | Category High | PSMHX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.48% | -2.48% | 1.52% | 62.99% |
Capital Gain Distribution Analysis
| PSMHX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
PSMHX - Fund Manager Analysis
Managers
Michael Iacono
Start Date
Tenure
Tenure Rank
Jun 12, 2019
1.39
1.4%
Mr. Iacono joined Columbus Circle Investors in February, 1997 and rejoined in March, 2000 after a 10 month absence. Prior to becoming Portfolio Manager, he held the position of Co-Portfolio Manager since January, 2004. Mr. Iacono previously held the positions of Research Associate, Securities Analyst, and Senior Securities Analyst. During his absence, he held the position of Portfolio Manager at Bedford Oak Advisors, an investment partnership. Mr. Iacono also previously worked at Arthur Andersen, L.L.P. as a Senior Audit and Business Advisor. Mr. Iacono received his B.S. from Boston College. Mr. Iacono is a Certified Public Accountant and has earned the right to use the Chartered Financial Analyst designation and is a member of the CFA Society New York (formerly known as the New York Society of Security Analysts).
Christopher Corbett
Start Date
Tenure
Tenure Rank
Jun 12, 2019
1.39
1.4%
Mr. Corbett joined Columbus Circle Investors in May, 2006. Prior to becoming Managing Director and Portfolio Manager, Mr. Corbett held the position of Senior Vice President/Co-Portfolio Manager. Prior to becoming Senior Vice President/Co-Portfolio Manager, he held the position of Senior Securities Analyst. Prior to this, he was an Associate Analyst for Banc of America. Mr. Corbett also worked as an Associate Analyst with UBS and as an Investment Analyst for Driehaus Capital Management. Mr. Corbett received his M.B.A. in Finance and Management and B.B.A. in Accounting from the University of Notre Dame. Mr. Corbett has earned the right to use the Chartered Financial Analyst designation and is a member of the CFA Society New York (formerly known as the New York Society of Security Analysts).
Marc Shapiro
Start Date
Tenure
Tenure Rank
Dec 31, 2019
0.84
0.8%
Marc R. Shapiro has been with CCI since 2004. He earned a B.A. in Finance and Marketing from Emory University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.06 | 34.72 | 8.21 | 0.67 |