PSMHX: Principal Small-MidCap Growth Fund

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PSMHX Principal Small-MidCap Growth Fund


Profile

PSMHX - Profile

Vitals

  • YTD Return 12.4%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $5.2 M
  • Holdings in Top 10 27.4%

52 WEEK LOW AND HIGH

$11.71
$7.29
$11.71

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


Distributions

  • YTD Total Return 12.4%
  • 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%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Principal Small-MidCap Growth Fund
  • Fund Family Name
    Principal Funds
  • Inception Date
    Jun 12, 2019
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael 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.


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Categories

Performance

PSMHX - Performance

Return Ranking - Trailing

Period PSMHX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.4% -30.2% 1652.5% 4.30%
1 Yr N/A -69.1% 1784.2% N/A
3 Yr N/A* -46.8% 170.8% N/A
5 Yr N/A* -34.6% 15.4% N/A
10 Yr N/A* -15.8% 16.2% 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 -51.7% 9.2% N/A
2017 N/A -21.1% 36.0% N/A
2016 N/A -61.7% 40.3% 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 12.4% -30.2% 1652.5% 4.30%
1 Yr N/A -69.1% 1784.2% N/A
3 Yr N/A* -42.6% 170.8% N/A
5 Yr N/A* -27.9% 17.3% N/A
10 Yr N/A* -10.6% 17.1% 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% 39.4% N/A
2016 N/A -61.7% 40.3% N/A
2015 N/A -54.0% 12.2% N/A

NAV & Total Return History


Holdings

PSMHX - Holdings

Concentration Analysis

PSMHX Category Low Category High PSMHX % Rank
Net Assets 5.2 M 700 K 29.5 B 97.95%
Number of Holdings 80 16 2519 48.29%
Net Assets in Top 10 1.42 M 173 K 5.98 B 97.78%
Weighting of Top 10 27.36% 6.8% 89.2% 40.44%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High PSMHX % Rank
Stocks
99.97% 82.66% 100.31% 5.63%
Cash
0.02% -2.13% 17.34% 92.49%
Preferred Stocks
0.00% 0.00% 1.84% 64.33%
Other
0.00% -14.45% 3.40% 66.55%
Convertible Bonds
0.00% 0.00% 0.25% 63.48%
Bonds
0.00% 0.00% 2.30% 63.99%

Stock Sector Breakdown

Weighting Return Low Return High PSMHX % Rank
Technology
32.27% 0.00% 56.27% 36.35%
Healthcare
28.45% 0.00% 40.45% 8.36%
Consumer Cyclical
15.90% 0.11% 54.76% 15.36%
Industrials
14.81% 0.00% 31.98% 66.89%
Financial Services
4.25% 0.00% 41.91% 76.11%
Consumer Defense
2.38% 0.00% 16.95% 60.92%
Communication Services
1.41% 0.00% 26.42% 86.86%
Real Estate
0.52% 0.00% 20.39% 89.08%
Utilities
0.00% 0.00% 7.38% 70.99%
Energy
0.00% 0.00% 39.70% 79.18%
Basic Materials
0.00% 0.00% 18.18% 87.20%

Stock Geographic Breakdown

Weighting Return Low Return High PSMHX % Rank
US
96.65% 80.47% 99.99% 17.75%
Non US
3.32% 0.00% 16.25% 59.04%

Expenses

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% 2.50%
Management Fee 0.70% 0.00% 1.50% 35.56%
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% 5.00% N/A

Trading Fees

PSMHX 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.

PSMHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 175.80% 1.93% 385.00% 97.25%

Distributions

PSMHX - Distributions

Dividend Yield Analysis

PSMHX Category Low Category High PSMHX % Rank
Dividend Yield 0.00% 0.00% 44.69% 62.97%

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% -2.56% 1.52% 63.26%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

PSMHX - Fund Manager Analysis

Managers

Michael Iacono


Start Date

Tenure

Tenure Rank

Jun 12, 2019

0.88

0.9%

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

0.88

0.9%

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).

Clifford Fox


Start Date

Tenure

Tenure Rank

Jun 12, 2019

0.88

0.9%

Mr. Fox joined Columbus Circle Investors in October, 1992. Prior to this, he was Vice President of Equity Investments at General Reinsurance Corporation. He received his M.B.A. from the Stern School of Business, New York University and his B.S. from the Wharton School, University of Pennsylvania. Mr. Fox 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

0.33

0.3%

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
0.08 33.35 8.11 3.17