Principal Global Emerging Markets Fund Institutional Class (PIEIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
31.41
-0.05 (-0.16%)
Jul 25, 2025, 4:00 PM EDT
-0.16%
Fund Assets3.00B
Expense Ratio1.10%
Min. Investment$1,000
Turnover28.50%
Dividend (ttm)0.07
Dividend Yield0.24%
Dividend Growth-86.47%
Payout FrequencyAnnual
Ex-Dividend DateDec 27, 2024
Previous Close31.46
YTD Return22.31%
1-Year Return23.48%
5-Year Return37.08%
52-Week Low23.63
52-Week High31.60
Beta (5Y)n/a
Holdings123
Inception DateMar 1, 2001

About PIEIX

Principal Global Emerging Markets Fund Institutional Class is a diversified mutual fund focused on seeking long-term capital growth by investing predominantly in the equities of companies located in emerging markets. The fund typically allocates at least 80% of its assets, including any investment borrowings, to stocks of businesses in regions classified as emerging markets by the broader financial community. This approach enables exposure to dynamic economies with growth potential across sectors such as technology, financial services, consumer cyclicals, and industrials. Notable holdings include leading firms like Taiwan Semiconductor Manufacturing, Samsung Electronics, and Tencent Holdings, reflecting an emphasis on large, influential players within these markets. The fund is actively managed according to a large blend investment style and tracks performance relative to the MSCI Emerging Markets Index, which covers a broad cross-section of developing economies. Designed for institutional investors, it aims to provide diversification and access to the potential higher growth rates and evolving consumer trends characteristic of emerging market economies, making it a significant player within the diversified emerging markets category.

Fund Family Principal Funds
Category Diversified Emerging Mkts
Stock Exchange NASDAQ
Ticker Symbol PIEIX
Share Class Institutional Class
Index MSCI EM (Emerging Markets) NR USD

Performance

PIEIX had a total return of 23.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.97%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FGOMXFidelityStrategic Advisers Fidelity Emerging Markets Fund0.36%
FPADXFidelityFidelity Emerging Markets Index Fund0.08%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
PIIMXR-61.03%
PIEJXClass J1.30%
PEPSXR-51.34%
PRIAXClass A1.45%

Top 10 Holdings

37.82% of assets
NameSymbolWeight
Taiwan Semiconductor Manufacturing Company Limited233012.42%
Tencent Holdings Limited07006.13%
Alibaba Group Holding LimitedBABAF3.48%
Principal Government Money Market R-6PGWXX3.06%
Samsung Electronics Co., Ltd.0059302.96%
Delta Electronics, Inc.23082.01%
ICICI Bank LimitedICICIBANK2.00%
National Bank of Greece S.A.ETE1.97%
Kotak Mahindra Bank LimitedKOTAKBANK1.90%
AIA Group Limited12991.90%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 27, 2024$0.0733Dec 27, 2024
Dec 27, 2023$0.5417Dec 27, 2023
Dec 28, 2022$0.3234Dec 28, 2022
Dec 29, 2021$0.4288Dec 29, 2021
Dec 20, 2021$1.7506Dec 20, 2021
Dec 29, 2020$0.1219Dec 29, 2020
Full Dividend History