About PIIIX
Principal Diversified International Fund Institutional Class is a mutual fund primarily focused on achieving long-term capital growth by investing in a broad array of foreign equity securities. Its strategy spans companies of all sizes—large, medium, and small capitalization—across both developed and emerging markets, typically allocating its portfolio across at least twenty countries outside the United States. The fund is unconstrained by country or currency, offering broad exposure to global economic trends and opportunities. Managed by an experienced team with a track record dating back to 2001, it seeks out businesses undergoing positive transformation, including innovators and industry leaders. The fund’s holdings are diversified across multiple sectors such as technology, healthcare, financial services, and consumer goods, featuring top positions in companies like Taiwan Semiconductor Manufacturing, AstraZeneca, and ASML Holding. Benchmarked against the MSCI ACWI ex-U.S. Index, the fund plays a significant role for institutions and investors seeking diversification beyond U.S. markets and aiming to capture global growth potential within their investment portfolios.
Fund Family Principal Funds
Category Foreign Large Blend
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol PIIIX
Share Class Institutional Class
Index MSCI AC World ex USA NR USD
PIIIX had a total return of 11.43% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.65%.
