Principal Equity Income Fund R-5 Class (PEIQX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
41.22
+0.18 (0.44%)
Jul 17, 2025, 4:00 PM EDT
0.78%
Fund Assets8.44B
Expense Ratio0.77%
Min. Investment$0.00
Turnover16.30%
Dividend (ttm)4.30
Dividend Yield10.41%
Dividend Growth106.69%
Payout FrequencyQuarterly
Ex-Dividend DateJun 18, 2025
Previous Close41.04
YTD Return5.61%
1-Year Return20.02%
5-Year Return92.85%
52-Week Low34.72
52-Week High45.73
Beta (5Y)n/a
Holdings62
Inception DateMar 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.

Fund Family Principal Funds
Category Large Value
Stock Exchange NASDAQ
Ticker Symbol PEIQX
Share Class R-5
Index Russell 1000 Value TR

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%.

Chart

Bar chart with 6 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 2.946 to 20.016.
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Equivalent Funds

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

SymbolProviderNameExpense Ratio
SWDSXSchwabSchwab Dividend Equity Fund™0.88%

Other Share Classes

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

SymbolShare ClassExpense Ratio
PEIIXInstitutional Class0.52%
PEIJXClass J0.81%
PQIAXClass A0.87%
PEIOXR-31.08%

Top 10 Holdings

28.51% of assets
NameSymbolWeight
Morgan StanleyMS3.38%
JPMorgan Chase & Co.JPM3.30%
KKR & Co. Inc.KKR3.22%
Costco Wholesale CorporationCOST3.07%
Trane Technologies plcTT2.85%
Parker-Hannifin CorporationPH2.62%
Bank of America CorporationBAC2.56%
Deere & CompanyDE2.55%
Chubb LimitedCB2.54%
The PNC Financial Services Group, Inc.PNC2.41%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 18, 2025$0.1398Jun 18, 2025
Mar 19, 2025$0.1559Mar 19, 2025
Dec 27, 2024$0.1394Dec 27, 2024
Dec 12, 2024$3.723Dec 12, 2024
Sep 19, 2024$0.1426Sep 19, 2024
Jun 20, 2024$0.1676Jun 20, 2024
Full Dividend History