Principal Equity Income Fund R-5 Class (PEIQX)
Fund Assets | 8.44B |
Expense Ratio | 0.77% |
Min. Investment | $0.00 |
Turnover | 16.30% |
Dividend (ttm) | 4.30 |
Dividend Yield | 10.41% |
Dividend Growth | 106.69% |
Payout Frequency | Quarterly |
Ex-Dividend Date | Jun 18, 2025 |
Previous Close | 41.04 |
YTD Return | 5.61% |
1-Year Return | 20.02% |
5-Year Return | 92.85% |
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 20.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.35%.
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
28.51% of assetsName | Symbol | Weight |
---|---|---|
Morgan Stanley | MS | 3.38% |
JPMorgan Chase & Co. | JPM | 3.30% |
KKR & Co. Inc. | KKR | 3.22% |
Costco Wholesale Corporation | COST | 3.07% |
Trane Technologies plc | TT | 2.85% |
Parker-Hannifin Corporation | PH | 2.62% |
Bank of America Corporation | BAC | 2.56% |
Deere & Company | DE | 2.55% |
Chubb Limited | CB | 2.54% |
The PNC Financial Services Group, Inc. | PNC | 2.41% |
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 |