About PIIDX
Principal International Equity Fund R6 is a mutual fund focused on achieving long-term capital growth by investing primarily in equity securities of companies located outside the United States. The fund typically allocates at least 80% of its net assets to non-U.S. stocks, drawing from both developed and emerging international markets. Its investment universe encompasses common stocks, preferred shares, and, at times, exchange-traded funds or mutual funds with a strong equity orientation. Managed by an experienced team, the fund employs an actively managed strategy that seeks to identify compelling opportunities across global industries, aiming for a diversified portfolio with an all-weather profile. The fund is benchmarked against the MSCI ACWI Ex-U.S. Index, positioning it within the Foreign Large Blend category, and is designed for investors looking to diversify their equity exposure beyond the U.S. market. Its role in the financial market is to serve as a core international equity holding, offering broad access to global growth trends while balancing risks associated with currency fluctuations, geopolitical shifts, and differing regulatory environments.
Fund Family Principal Funds
Category Foreign Large Blend
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol PIIDX
Share Class R-6
Index MSCI AC World ex USA NR USD
PIIDX had a total return of 13.56% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.57%.
