About PGBGX
Principal Blue Chip Fund Class R5 is an actively managed mutual fund specializing in large-cap U.S. equities. Its primary goal is long-term capital growth, achieved by investing at least 80% of its assets in companies considered to be "blue chips," typically recognized for their market leadership, financial strength, and growth potential. The fund employs a highly active investment approach, allowing significant deviation from index weightings and resulting in a relatively concentrated portfolio, with more than half of assets typically allocated to its top ten holdings. Notable sectors represented include technology, consumer cyclicals, communication services, industrials, and financial services. The fund’s top holdings feature prominent firms such as Microsoft, Amazon, and Alphabet, reflecting its focus on established, innovative businesses. Managed by an experienced team, Principal Blue Chip Fund Class R5 is known for seeking owner-operator companies, favoring those with strong leadership and a long-term perspective. Its role in the market is to offer investors exposure to leading U.S. growth companies, benefiting from active management and a strategic, high-conviction investment philosophy.
Fund Family Principal Funds
Category Large-Cap Growth
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol PGBGX
Share Class R-5
Index Russell 1000 Growth TR
PGBGX had a total return of -0.51% in the past year, including dividends. Since the fund's
inception, the average annual return has been 16.02%.
