Principal International Equity Fund Institutional Class (PINIX)
| Fund Assets | 6.63B |
| Expense Ratio | 0.92% |
| Min. Investment | $0.00 |
| Turnover | 158.00% |
| Dividend (ttm) | 1.77 |
| Dividend Yield | 11.49% |
| Dividend Growth | 346.78% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 15.38 |
| YTD Return | 22.34% |
| 1-Year Return | 35.40% |
| 5-Year Return | 56.59% |
| 52-Week Low | 12.08 |
| 52-Week High | 15.44 |
| Beta (5Y) | n/a |
| Holdings | 52 |
| Inception Date | Dec 29, 2003 |
About PINIX
Principal International Equity Fund Institutional Class is a mutual fund designed to provide long-term capital growth by investing primarily in international equities. The fund allocates at least 80% of its net assets, plus any borrowings for investment purposes, to equity securities, which include common and preferred stocks, as well as exchange-traded funds and mutual funds that focus on equities. Its portfolio focuses on companies located outside the United States, spanning both developed and emerging markets, offering broad exposure to global economic trends and opportunities. The fund is actively managed by a team of experienced professionals who employ a research-driven approach to identify companies with strong growth potential across various sectors and regions. By tracking the MSCI ACWI Ex-U.S. NTR Index as its benchmark, the fund aims to capture international diversification benefits for investors seeking to expand beyond domestic markets. Principal International Equity Fund Institutional Class plays a significant role in blending international equities into institutional portfolios, helping investors diversify geographic risk while potentially enhancing overall portfolio returns.
Performance
PINIX had a total return of 35.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.68%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FTAEX | Fidelity | Fidelity Advisor Total International Equity Fund - Class A | 1.20% |
| FTEIX | Fidelity | Fidelity Advisor Total International Equity Fund - Class I | 0.95% |
| FTCEX | Fidelity | Fidelity Advisor Total International Equity Fund - Class C | 1.95% |
| FTIEX | Fidelity | Fidelity Total International Equity Fund | 0.95% |
| FIEZX | Fidelity | Fidelity Advisor Total International Equity Fund - Class Z | 0.80% |
Top 10 Holdings
35.94% of assets| Name | Symbol | Weight |
|---|---|---|
| Deutsche Telekom AG | DTE | 4.93% |
| AIA Group Limited | 1299 | 3.63% |
| Sanofi | SAN | 3.58% |
| Nintendo Co., Ltd. | 7974 | 3.55% |
| AIB Group plc | A5G | 3.54% |
| Unilever PLC | ULVR | 3.49% |
| Erste Group Bank AG | EBS | 3.44% |
| BAE Systems plc | BA | 3.40% |
| Dollarama Inc. | DOL | 3.21% |
| Airbus SE | AIR | 3.18% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.4682 | Dec 27, 2024 |
| Dec 19, 2024 | $1.3006 | Dec 19, 2024 |
| Dec 27, 2023 | $0.3959 | Dec 27, 2023 |
| Dec 28, 2022 | $0.3527 | Dec 28, 2022 |
| Dec 29, 2021 | $0.4067 | Dec 29, 2021 |
| Dec 20, 2021 | $1.9445 | Dec 20, 2021 |