About PIIJX
The Principal Diversified International Fund Class J is a mutual fund specializing in international equity investments. Its primary objective is to achieve long-term capital growth by focusing on a broad range of foreign stocks across both developed and emerging markets. The fund typically allocates investments among equities from at least 20 countries, with minimal exposure to U.S. stocks, providing broad diversification outside the domestic market. Its investment strategy does not restrict holdings by company size or style, blending both growth and value equities across large-, mid-, and small-cap firms. Key sectors represented include technology, healthcare, financial services, and industrials, with top holdings featuring global leaders such as Taiwan Semiconductor Manufacturing, Novo Nordisk, and Samsung Electronics. Managed by a seasoned team, the fund aims to capitalize on underappreciated growth and improvement opportunities worldwide, benchmarking its performance against the MSCI ACWI ex-U.S. Index. This approach positions the fund as a way for investors to gain exposure to global market trends and opportunities beyond the United States.
Fund Family Principal Funds
Category Foreign Large Blend
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol PIIJX
Share Class Class J
Index MSCI AC World ex USA NR USD
PIIJX had a total return of 10.76% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.60%.
