Principal Equity Income Fund R-5 Class (PEIQX)
| Fund Assets | 8.71B |
| Expense Ratio | 0.77% |
| Min. Investment | $1,000 |
| Turnover | 16.30% |
| Dividend (ttm) | 4.30 |
| Dividend Yield | 10.16% |
| Dividend Growth | 106.69% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 18, 2025 |
| Previous Close | 41.44 |
| YTD Return | 8.50% |
| 1-Year Return | 22.70% |
| 5-Year Return | 86.52% |
| 52-Week Low | 34.72 |
| 52-Week High | 45.73 |
| Beta (5Y) | n/a |
| Holdings | 62 |
| 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 22.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.49%.
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 Fund™ | 0.88% |
Top 10 Holdings
28.54% of assets| Name | Symbol | Weight |
|---|---|---|
| Morgan Stanley | MS | 3.54% |
| JPMorgan Chase & Co. | JPM | 3.45% |
| KKR & Co. Inc. | KKR | 3.34% |
| Costco Wholesale Corporation | COST | 2.81% |
| Trane Technologies plc | TT | 2.79% |
| Parker-Hannifin Corporation | PH | 2.63% |
| Bank of America Corporation | BAC | 2.62% |
| Deere & Company | DE | 2.47% |
| The PNC Financial Services Group, Inc. | PNC | 2.46% |
| Hilton Worldwide Holdings Inc. | HLT | 2.42% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Jun 20, 2024 | $0.1676 | Jun 20, 2024 |