Principal Edge MidCap Fund Class Institutional (PEDGX)
| Fund Assets | 57.15M |
| Expense Ratio | 0.77% |
| Min. Investment | $1,000 |
| Turnover | 16.60% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 3.21% |
| Dividend Growth | 92.94% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 13.21 |
| YTD Return | 4.48% |
| 1-Year Return | 12.72% |
| 5-Year Return | 69.49% |
| 52-Week Low | 10.90 |
| 52-Week High | 14.27 |
| Beta (5Y) | 1.03 |
| Holdings | 49 |
| Inception Date | Sep 28, 2015 |
About PEDGX
Principal Edge MidCap Fund Institutional Class is an actively managed mutual fund focused on delivering long-term capital growth by investing primarily in equity securities of U.S. mid-cap companies. The fund targets businesses with medium market capitalizations and seeks a balanced approach by blending both value and growth characteristics in its portfolio construction. Its strategy includes maintaining sector neutrality to help mitigate risk and prevent overexposure to any single industry, while also limiting individual positions to a maximum of 5% of portfolio assets. Notably, the fund invests in real estate investment trust (REIT) securities as part of its diversified exposure. Portfolio managers emphasize a quality-first mentality, favoring companies with strong management teams, sustainable competitive advantages, and proven resilience across market cycles. This "stock picker’s portfolio" systematically reinvests in new mid-cap opportunities as holdings grow beyond the target size, thus maintaining consistent mid-cap exposure and avoiding cap-size drift. The fund serves institutional investors seeking access to the growth potential and stability characteristic of mid-cap equities within a disciplined risk-managed framework.
Performance
PEDGX had a total return of 12.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.96%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
29.06% of assets| Name | Symbol | Weight |
|---|---|---|
| Cloudflare, Inc. | NET | 3.13% |
| STERIS plc | STE | 3.02% |
| LPL Financial Holdings Inc. | LPLA | 2.98% |
| Casey's General Stores, Inc. | CASY | 2.95% |
| Cullen/Frost Bankers, Inc. | CFR | 2.91% |
| nVent Electric plc | NVT | 2.91% |
| Alliant Energy Corporation | LNT | 2.91% |
| MSA Safety Incorporated | MSA | 2.75% |
| Live Nation Entertainment, Inc. | LYV | 2.75% |
| Lincoln Electric Holdings, Inc. | LECO | 2.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.1181 | Dec 20, 2024 |
| Dec 19, 2024 | $0.3085 | Dec 19, 2024 |
| Dec 21, 2023 | $0.156 | Dec 21, 2023 |
| Dec 20, 2023 | $0.0651 | Dec 20, 2023 |
| Dec 21, 2022 | $0.345 | Dec 21, 2022 |
| Dec 20, 2022 | $1.2714 | Dec 20, 2022 |