Principal International Equity Index Fund R-3 Class (PIIOX)
| Fund Assets | 1.13B |
| Expense Ratio | 0.90% |
| Min. Investment | $0.00 |
| Turnover | 19.50% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 3.52% |
| Dividend Growth | 22.82% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 12.70 |
| YTD Return | 18.81% |
| 1-Year Return | 16.29% |
| 5-Year Return | 55.93% |
| 52-Week Low | 10.38 |
| 52-Week High | 13.17 |
| Beta (5Y) | n/a |
| Holdings | 700 |
| Inception Date | Dec 30, 2009 |
About PIIOX
Principal International Equity Index Fund R-3 Class is a mutual fund that seeks to provide long-term capital growth by passively tracking the performance of the MSCI EAFE Index, a widely recognized benchmark for developed equity markets outside the United States and Canada. The fund invests at least 80% of its assets in the common stocks of companies included in this index, offering investors exposure to large- and mid-cap equities from regions such as Europe, Australasia, and the Far East. This approach allows the fund to capture broad international diversification across multiple economic sectors and industries, reflecting the performance of established markets globally, excluding North America. Managed by a team with significant industry experience, the fund employs a low-cost, passive investment strategy, aiming to closely replicate the returns of its benchmark rather than outperform through active security selection. With a focus on annual dividend distributions and a broad international portfolio, the Principal International Equity Index Fund R-3 Class serves as a core holding for investors seeking to complement U.S. equity exposure and participate in the growth potential of developed markets overseas.
Performance
PIIOX had a total return of 16.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.26%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIENX | Fidelity | Fidelity International Enhanced Index Fund | 0.55% |
| FHLFX | Fidelity | Fidelity Series International Index Fund | 0.01% |
| SWISX | Schwab | Schwab International Index Fund® | 0.06% |
| SICNX | Schwab | Schwab® International Core Equity Fund | 0.86% |
| FSPSX | Fidelity | Fidelity International Index Fund | 0.03% |
Top 10 Holdings
12.75% of assets| Name | Symbol | Weight |
|---|---|---|
| SAP SE | SAP | 1.66% |
| ASML Holding N.V. | ASML | 1.64% |
| Nestlé S.A. | NESN | 1.36% |
| iShares MSCI EAFE ETF | EFA | 1.20% |
| Novartis AG | NOVN | 1.20% |
| Roche Holding AG | ROG | 1.19% |
| Novo Nordisk A/S | NOVO.B | 1.16% |
| AstraZeneca PLC | AZN | 1.12% |
| HSBC Holdings plc | HSBA | 1.11% |
| Shell plc | SHEL | 1.09% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.3266 | Dec 27, 2024 |
| Dec 19, 2024 | $0.1249 | Dec 19, 2024 |
| Dec 27, 2023 | $0.2733 | Dec 27, 2023 |
| Dec 20, 2023 | $0.0943 | Dec 20, 2023 |
| Dec 28, 2022 | $0.2027 | Dec 28, 2022 |
| Dec 20, 2022 | $0.0107 | Dec 20, 2022 |