Principal Blue Chip Fund Class C (PBLCX)
| Fund Assets | 11.10B |
| Expense Ratio | 1.68% |
| Min. Investment | $1,000 |
| Turnover | 14.70% |
| Dividend (ttm) | 2.06 |
| Dividend Yield | 4.71% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 43.66 |
| YTD Return | 8.37% |
| 1-Year Return | 19.79% |
| 5-Year Return | 89.50% |
| 52-Week Low | 34.53 |
| 52-Week High | 44.24 |
| Beta (5Y) | n/a |
| Holdings | 45 |
| Inception Date | Sep 30, 2013 |
About PBLCX
Principal Blue Chip Fund Class C is a mutual fund focused on achieving long-term capital growth by investing primarily in equity securities of large-cap companies that exhibit characteristics of established, high-quality "blue chip" firms. The fund typically allocates at least 80% of its net assets to these companies, prioritizing those with strong growth potential and a record of above-average earnings. Leveraging a highly active management approach, the fund emphasizes investments in firms led by owner-operators—leaders with significant personal stakes in their businesses—who are believed to foster careful capital allocation and maintain a long-term business outlook. The portfolio is more concentrated and can significantly differ from major indices, offering both sector and individual stock exposure, with notable holdings in technology, consumer cyclical, financial services, and industrial sectors. Principal Blue Chip Fund Class C is positioned within the large growth category and serves as a complementary holding for investors seeking exposure to U.S. large-cap growth equities, with a focus on innovative market leaders and disciplined company management.
Performance
PBLCX had a total return of 19.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.34%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLGEX | Fidelity | Fidelity Large Cap Growth Enhanced Index Fund | 0.39% |
| FBCGX | Fidelity | Fidelity Blue Chip Growth K6 Fund | 0.46% |
| FHOFX | Fidelity | Fidelity Series Large Cap Growth Index Fund | n/a |
| LGILX | Schwab | Schwab Select Large Cap Growth Fund | 0.75% |
| FBGRX | Fidelity | Fidelity Blue Chip Growth Fund | 0.69% |
Top 10 Holdings
57.60% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 13.43% |
| Amazon.com, Inc. | AMZN | 10.71% |
| TransDigm Group Incorporated | TDG | 5.00% |
| Brookfield Corporation | BN | 4.94% |
| Mastercard Incorporated | MA | 4.82% |
| Visa Inc. | V | 4.67% |
| Netflix, Inc. | NFLX | 4.13% |
| The Progressive Corporation | PGR | 3.76% |
| Cadence Design Systems, Inc. | CDNS | 3.17% |
| Hilton Worldwide Holdings Inc. | HLT | 2.97% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $2.0582 | Dec 12, 2024 |
| Dec 13, 2022 | $0.1987 | Dec 13, 2022 |
| Dec 13, 2021 | $2.726 | Dec 13, 2021 |
| Dec 11, 2020 | $1.1448 | Dec 11, 2020 |
| Dec 11, 2019 | $1.1453 | Dec 11, 2019 |
| Dec 19, 2018 | $1.5866 | Dec 19, 2018 |