Principal Equity Income Fund (PEIOX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
42.29
-0.01 (-0.02%)
Sep 3, 2025, 4:00 PM EDT
-0.02%
Fund Assets8.92B
Expense Ratio1.08%
Min. Investment$1,000
Turnover16.30%
Dividend (ttm)4.17
Dividend Yield9.78%
Dividend Growth112.38%
Payout FrequencyQuarterly
Ex-Dividend DateJun 18, 2025
Previous Close42.30
YTD Return9.57%
1-Year Return20.02%
5-Year Return84.71%
52-Week Low34.57
52-Week High45.53
Beta (5Y)n/a
Holdings63
Inception DateMar 1, 2010

About PEIOX

Principal Equity Income Fund R-3 Class is a mutual fund focused on delivering both current income and long-term growth of income and capital. The fund primarily invests at least 80% of its net assets in dividend-paying equity securities, emphasizing companies that have produced dividend income within the past year. Its investment strategy targets large and medium-sized companies with a strong track record of dividend payments and a focus on quality, aiming to minimize the risk of value traps by excluding subpar operators. The fund adopts a sector-neutral approach, seeking to achieve balanced exposure across industries while mitigating sector-specific risk. Managed by seasoned portfolio managers, it benchmarks its performance against the Russell 1000 Value Index and distributes dividends quarterly. Principal Equity Income Fund R-3 Class plays a significant role for investors seeking steady income from dividends while also participating in the potential for equity market appreciation.

Fund Family Principal Funds
Category Large Value
Stock Exchange NASDAQ
Ticker Symbol PEIOX
Share Class R-3
Index Russell 1000 Value TR

Performance

PEIOX had a total return of 20.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.18%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
SWDSXSchwabSchwab Dividend Equity0.88%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
PEIIXInstitutional Class0.52%
PEIQXR-50.77%
PEIJXClass J0.81%
PQIAXClass A0.87%

Top 10 Holdings

27.18% of assets
NameSymbolWeight
KKR & Co. Inc.KKR3.33%
JPMorgan Chase & Co.JPM3.28%
Morgan StanleyMS3.10%
Costco Wholesale CorporationCOST2.66%
Trane Technologies plcTT2.59%
Parker-Hannifin CorporationPH2.47%
The PNC Financial Services Group, Inc.PNC2.45%
Bank of America CorporationBAC2.45%
Hilton Worldwide Holdings Inc.HLT2.44%
D.R. Horton, Inc.DHI2.39%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 18, 2025$0.1099Jun 18, 2025
Mar 19, 2025$0.1268Mar 19, 2025
Dec 27, 2024$0.1031Dec 27, 2024
Dec 12, 2024$3.723Dec 12, 2024
Sep 19, 2024$0.1095Sep 19, 2024
Jun 20, 2024$0.138Jun 20, 2024
Full Dividend History