Principal MidCap Value Fund I R-5 Class (PABVX)
| Fund Assets | 2.41B |
| Expense Ratio | 0.88% |
| Min. Investment | $0.00 |
| Turnover | 55.30% |
| Dividend (ttm) | 2.74 |
| Dividend Yield | 17.17% |
| Dividend Growth | 278.19% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 15.87 |
| YTD Return | 3.71% |
| 1-Year Return | 26.21% |
| 5-Year Return | 127.21% |
| 52-Week Low | 13.35 |
| 52-Week High | 19.51 |
| Beta (5Y) | n/a |
| Holdings | 721 |
| Inception Date | Jun 1, 2004 |
About PABVX
Principal MidCap Value Fund I R-5 Class is a mutual fund that aims to deliver long-term capital growth by investing primarily in value-oriented, medium-capitalization U.S. companies. The fund typically allocates at least 80% of its net assets to equity securities deemed undervalued at the time of purchase, focusing on stocks with relatively low price-to-book ratios and slower anticipated growth rates—key characteristics of the mid-cap value style. Its portfolio is broad, featuring hundreds of holdings across diverse industries, but with nearly all assets concentrated in U.S. equities. The fund is managed by a seasoned team and benchmarks its performance against the Russell MidCap Value Index, a widely recognized standard for measuring this segment of the market. Designed for investors seeking a blend of capital appreciation with potential dividend income, Principal MidCap Value Fund I R-5 Class holds a significant position in the mid-cap arena, often providing exposure to companies that may be overlooked by larger cap-focused funds, thereby playing a strategic role in diversified investment portfolios.
Performance
PABVX had a total return of 26.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.89%.
Top 10 Holdings
17.31% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal Government Money Market R-6 | PGWXX | 3.91% |
| Alliant Energy Corporation | LNT | 1.81% |
| US Foods Holding Corp. | USFD | 1.74% |
| Maplebear Inc. | CART | 1.54% |
| The Hartford Insurance Group, Inc. | HIG | 1.46% |
| American Water Works Company, Inc. | AWK | 1.39% |
| Genpact Limited | G | 1.39% |
| Crown Holdings, Inc. | CCK | 1.38% |
| SBA Communications Corporation | SBAC | 1.36% |
| Willis Towers Watson Public Limited Company | WTW | 1.33% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.2227 | Dec 20, 2024 |
| Dec 19, 2024 | $2.5165 | Dec 19, 2024 |
| Dec 21, 2023 | $0.1856 | Dec 21, 2023 |
| Dec 20, 2023 | $0.5387 | Dec 20, 2023 |
| Dec 21, 2022 | $0.1948 | Dec 21, 2022 |
| Dec 20, 2022 | $0.8753 | Dec 20, 2022 |