Principal Global Real Estate Securities Fund R-3 (PGRKX)
| Fund Assets | 1.61B |
| Expense Ratio | 1.45% |
| Min. Investment | $0.00 |
| Turnover | 27.50% |
| Dividend (ttm) | 0.21 |
| Dividend Yield | 2.21% |
| Dividend Growth | 1.35% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 9.50 |
| YTD Return | 5.64% |
| 1-Year Return | 2.00% |
| 5-Year Return | 14.51% |
| 52-Week Low | 8.29 |
| 52-Week High | 10.38 |
| Beta (5Y) | n/a |
| Holdings | 70 |
| Inception Date | Mar 1, 2016 |
About PGRKX
Principal Global Real Estate Securities Fund R-3 is an open-end mutual fund focused on the real estate sector, with a primary objective to generate total return by investing in equity securities of companies engaged in the global real estate industry. The fund typically allocates at least 80% of its net assets to both U.S. and international real estate firms, including real estate investment trusts (REITs) and other property-focused entities. Its investment strategy employs a bottom-up stock selection process emphasizing “quality at the right price,” targeting above-average companies trading at reasonable or discounted valuations. The fund draws upon Principal’s extensive in-house real estate research and resources, covering the full spectrum of real estate sectors and geographies. Key holdings often include leading REITs and property companies such as Welltower Inc, Equinix Inc, and Prologis Inc, reflecting broad diversification within the real estate landscape. Principal Global Real Estate Securities Fund R-3 serves investors seeking diversified exposure to property markets worldwide and plays a notable role in portfolios aiming for long-term growth through real asset participation.
Performance
PGRKX had a total return of 2.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.64%.
Top 10 Holdings
40.03% of assets| Name | Symbol | Weight |
|---|---|---|
| Welltower Inc. | WELL | 6.59% |
| Equinix, Inc. | EQIX | 5.77% |
| Prologis, Inc. | PLD | 4.21% |
| Ventas, Inc. | VTR | 3.92% |
| Goodman Group | GMG | 3.91% |
| Extra Space Storage Inc. | EXR | 3.68% |
| AvalonBay Communities, Inc. | AVB | 3.56% |
| VICI Properties Inc. | VICI | 2.96% |
| Klépierre SA | LI | 2.75% |
| Invitation Homes Inc. | INVH | 2.69% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.2097 | Dec 27, 2024 |
| Dec 27, 2023 | $0.2069 | Dec 27, 2023 |
| Dec 28, 2022 | $0.0466 | Dec 28, 2022 |
| Dec 29, 2021 | $0.1985 | Dec 29, 2021 |
| Dec 20, 2021 | $0.0407 | Dec 20, 2021 |
| Dec 29, 2020 | $0.0658 | Dec 29, 2020 |