Principal Global Emerging Markets Fund Class J (PIEJX)
| Fund Assets | 2.72B |
| Expense Ratio | 1.30% |
| Min. Investment | $1,000 |
| Turnover | 28.50% |
| Dividend (ttm) | 0.02 |
| Dividend Yield | 0.06% |
| Dividend Growth | -96.40% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 29.55 |
| YTD Return | 18.57% |
| 1-Year Return | 11.95% |
| 5-Year Return | 36.67% |
| 52-Week Low | 22.89 |
| 52-Week High | 29.68 |
| Beta (5Y) | n/a |
| Holdings | 120 |
| Inception Date | Mar 1, 2001 |
About PIEJX
Principal Global Emerging Markets Fund Class J is a mutual fund focused on long-term capital growth by investing primarily in equity securities from companies located in emerging market economies. The fund maintains a policy of allocating at least 80% of its net assets, plus any borrowings for investment purposes, to emerging market stocks. It adopts a diversified approach, investing across a wide range of market capitalizations—encompassing small-, mid-, and large-cap firms—and is not limited by investment style, including both growth and value stocks. The fund’s selection universe spans companies from countries classified as emerging markets by recognized global indices, reflecting exposure to diverse regions and sectors poised for economic development. Benchmarked against the MSCI Emerging Markets NTR Index, the fund serves investors seeking portfolio diversification through access to global growth opportunities outside developed markets. It is managed by Principal Global Investors and offers annual dividend distributions. With a history dating back to 2001, the fund plays a notable role in providing access to the evolving and dynamic landscape of emerging market equities.
Performance
PIEJX had a total return of 11.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.35%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
38.78% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 11.58% |
| Tencent Holdings Limited | 0700 | 6.42% |
| Principal Government Money Market R-6 | PGWXX | 4.47% |
| Alibaba Group Holding Limited | 9988 | 3.38% |
| Samsung Electronics Co., Ltd. | 005930 | 2.74% |
| National Bank of Greece S.A. | ETE | 2.26% |
| ICICI Bank Limited | ICICIBANK | 2.17% |
| Kotak Mahindra Bank Limited | KOTAKBANK | 1.97% |
| Xiaomi Corporation | 1810 | 1.91% |
| AIA Group Limited | 1299 | 1.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.0178 | Dec 27, 2024 |
| Dec 27, 2023 | $0.4948 | Dec 27, 2023 |
| Dec 28, 2022 | $0.2833 | Dec 28, 2022 |
| Dec 29, 2021 | $0.3744 | Dec 29, 2021 |
| Dec 20, 2021 | $1.7506 | Dec 20, 2021 |
| Dec 29, 2020 | $0.0844 | Dec 29, 2020 |