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
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol PIDIX
Share Class Institutional Class
Index MSCI EAFE NR USD
PIDIX had a total return of 14.07% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.55%.
