About PIDIX
Principal International Equity Index Fund Institutional Class is a mutual fund designed to provide broad exposure to developed international equity markets, specifically excluding the United States and Canada. The fund follows a passive investment approach, tracking the MSCI EAFE Index—a market-weighted benchmark comprised of large- and mid-cap companies across Europe, Australasia, and the Far East. By investing at least 80% of its net assets in securities from this index, the fund aims to achieve long-term capital growth for its shareholders. The portfolio encompasses a wide range of sectors, with notable holdings in healthcare, technology, consumer defensive, energy, and consumer cyclical industries. The fund is managed with a focus on cost efficiency, maintaining a low expense ratio relative to peers, and is classified within the Foreign Large Blend category. With hundreds of holdings and substantial assets under management, this fund plays a significant role for institutional investors seeking diversified international exposure in their portfolios, mirroring the performance of developed markets outside North America through a disciplined, index-based strategy.
Fund Family Principal Funds
Category Foreign Large Blend
Stock Exchange NASDAQ
Ticker Symbol PIDIX
Share Class Institutional Class
Index MSCI EAFE NR USD
PIDIX had a total return of 13.22% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.74%.
