Principal Equity Income Fund (PEIQX)
| Fund Assets | 8.95B |
| Expense Ratio | 0.77% |
| Min. Investment | $1,000 |
| Turnover | 16.30% |
| Dividend (ttm) | 4.35 |
| Dividend Yield | 10.19% |
| Dividend Growth | 115.20% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 18, 2025 |
| Previous Close | 42.84 |
| YTD Return | 10.31% |
| 1-Year Return | 19.51% |
| 5-Year Return | 86.34% |
| 52-Week Low | 34.72 |
| 52-Week High | 45.73 |
| Beta (5Y) | n/a |
| Holdings | 64 |
| Inception Date | Mar 1, 2010 |
About PEIQX
Principal Equity Income Fund R-5 is a mutual fund focused on delivering a combination of current income and long-term capital appreciation. Its primary strategy is to invest at least 80% of its net assets in dividend-paying equities, targeting companies that have demonstrated a capacity to pay dividends over the preceding 12 months. The fund emphasizes large and medium-sized U.S. corporations, particularly those considered undervalued relative to their fundamentals, placing it within the large value category. This value-focused approach seeks to benefit from steady dividend payouts while aiming to avoid value traps through a rigorous quality-first selection process. The fund maintains sector neutrality, prioritizing the identification of robust, dividend-growing businesses rather than making sector-based bets. Its investment philosophy appeals to investors who seek a balanced exposure to both income-generating and potentially appreciating equity investments, with the added benefit of reduced volatility compared to non-dividend-paying stocks. Managed by a seasoned team, Principal Equity Income Fund R-5 plays a significant role in portfolios seeking stable income and disciplined participation in the broader equity market.
Performance
PEIQX had a total return of 19.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.43%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| SWDSX | Schwab | Schwab Dividend Equity | 0.88% |
Top 10 Holdings
27.17% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co. | JPM | 3.32% |
| Morgan Stanley | MS | 3.25% |
| KKR & Co. Inc. | KKR | 2.77% |
| D.R. Horton, Inc. | DHI | 2.72% |
| Bank of America Corporation | BAC | 2.57% |
| Cummins Inc. | CMI | 2.56% |
| Costco Wholesale Corporation | COST | 2.53% |
| The PNC Financial Services Group, Inc. | PNC | 2.51% |
| Alphabet Inc. | GOOGL | 2.51% |
| Parker-Hannifin Corporation | PH | 2.42% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 18, 2025 | $0.1913 | Sep 18, 2025 |
| Jun 18, 2025 | $0.1398 | Jun 18, 2025 |
| Mar 19, 2025 | $0.1559 | Mar 19, 2025 |
| Dec 27, 2024 | $0.1394 | Dec 27, 2024 |
| Dec 12, 2024 | $3.723 | Dec 12, 2024 |
| Sep 19, 2024 | $0.1426 | Sep 19, 2024 |