About PFIEX
The Principal International Equity Index Fund Class R6 is a mutual fund designed to provide investors with broad exposure to developed international equity markets, excluding the United States and Canada. By tracking the MSCI EAFE Net Total Return Index, the fund employs a passive, index-based investment strategy that seeks to mirror the performance of large- and mid-cap companies across diverse developed economies. This approach offers investors access to sectors such as technology, healthcare, consumer goods, and energy, with notable holdings including multinational firms like ASML Holding, Novo Nordisk, SAP SE, and Nestlé. The fund is structured to deliver cost efficiency, featuring a low expense ratio and minimal turnover, which positions it favorably among its peer group in terms of fees. The Class R6 shares are tailored for retirement plans and institutional investors, providing a streamlined, low-fee option for diversification outside of North America. With annual dividend distributions and a focus on long-term capital growth, the fund plays a significant role as a core international equity holding within diversified portfolios, supporting global investment strategies for large-scale retirement plans and institutional accounts.
Fund Family Principal Funds
Category Foreign Large Blend
Stock Exchange NASDAQ
Ticker Symbol PFIEX
Share Class R-6
Index MSCI EAFE NR USD
PFIEX had a total return of 17.81% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.30%.
