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
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PIEIX
Share Class Institutional Class
Index MSCI EM (Emerging Markets) NR USD
PIEIX had a total return of 33.46% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.92%.
