Principal Global Real Estate Securities Fund R-5 (PGRUX)
| Fund Assets | 1.61B |
| Expense Ratio | 1.14% |
| Min. Investment | $0.00 |
| Turnover | 27.50% |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 2.26% |
| Dividend Growth | -4.61% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 9.57 |
| YTD Return | 5.93% |
| 1-Year Return | 3.14% |
| 5-Year Return | 15.12% |
| 52-Week Low | 8.34 |
| 52-Week High | 10.44 |
| Beta (5Y) | n/a |
| Holdings | 70 |
| Inception Date | Mar 1, 2016 |
About PGRUX
Principal Global Real Estate Securities Fund R-5 is a mutual fund focused on delivering total return through investments in equity securities of real estate companies across both U.S. and international markets. The fund employs a "quality at the right price" investment style, favoring companies with above-average fundamentals that are trading at average or discounted valuations. Its strategy is grounded in rigorous bottom-up stock selection and leverages in-depth insights from Principal’s extensive real estate resources. The fund’s portfolio is diversified, typically holding equity in several publicly traded real estate investment trusts (REITs) and property operating companies, with its top positions including notable names such as Welltower Inc, Equinix Inc, and Prologis Inc. Principal Global Real Estate Securities Fund R-5 is benchmarked against the FTSE EPRA/NAREIT Developed Index, reflecting its broad exposure across major developed real estate markets. With total assets exceeding $1.7 billion, the fund serves as a key vehicle for investors seeking access to global real estate sectors for diversification, income potential, and capital appreciation within a professionally managed structure.
Performance
PGRUX had a total return of 3.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.10%.
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 | $0.2175 | Dec 27, 2024 |
| Dec 27, 2023 | $0.228 | Dec 27, 2023 |
| Dec 28, 2022 | $0.0817 | Dec 28, 2022 |
| Dec 29, 2021 | $0.2477 | Dec 29, 2021 |
| Dec 20, 2021 | $0.0407 | Dec 20, 2021 |
| Dec 29, 2020 | $0.0737 | Dec 29, 2020 |