Principal Edge MidCap Fund R6 (PEDMX)
| Fund Assets | 57.15M |
| Expense Ratio | 0.67% |
| Min. Investment | $1,000 |
| Turnover | 16.60% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 3.26% |
| Dividend Growth | 87.49% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 13.29 |
| YTD Return | 4.53% |
| 1-Year Return | 12.81% |
| 5-Year Return | 70.40% |
| 52-Week Low | 10.96 |
| 52-Week High | 14.35 |
| Beta (5Y) | n/a |
| Holdings | 49 |
| Inception Date | Jan 3, 2017 |
About PEDMX
Principal Edge MidCap Fund Class R6 is a mutual fund focused on achieving long-term capital growth by investing primarily in mid-capitalization companies. The fund follows a blend strategy, combining both value and growth equity securities, and typically maintains at least 80% of its assets in stocks of medium-sized firms. Its investment approach emphasizes selecting high-quality companies while maintaining a sector-neutral stance to mitigate risk, and it actively manages holdings to avoid market capitalization drift as companies grow. The portfolio includes exposure to both domestic and select foreign equities, as well as real estate investment trusts, providing diversified mid-cap exposure across various industries. Managed by an experienced team, the fund is designed as a concentrated, "stock picker’s portfolio" with a goal of generating alpha relative to its benchmark, the Russell MidCap Index. With a competitive expense ratio and a history dating back to its 2017 inception, Principal Edge MidCap Fund Class R6 plays a significant role for investors seeking diversified access to innovative and growing mid-sized companies within the broader equity market.
Performance
PEDMX had a total return of 12.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.54%.
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 | $0.1278 | Dec 20, 2024 |
| Dec 19, 2024 | $0.3085 | Dec 19, 2024 |
| Dec 21, 2023 | $0.1676 | Dec 21, 2023 |
| Dec 20, 2023 | $0.0651 | Dec 20, 2023 |
| Dec 21, 2022 | $0.3566 | Dec 21, 2022 |
| Dec 20, 2022 | $1.2714 | Dec 20, 2022 |