Principal SmallCap Value II R3 (PJARX)
| Fund Assets | 1.14B |
| Expense Ratio | 1.51% |
| Min. Investment | $0.00 |
| Turnover | 73.90% |
| Dividend (ttm) | 1.22 |
| Dividend Yield | 10.94% |
| Dividend Growth | 276.93% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 11.31 |
| YTD Return | 4.78% |
| 1-Year Return | 19.88% |
| 5-Year Return | 120.58% |
| 52-Week Low | 8.62 |
| 52-Week High | 13.03 |
| Beta (5Y) | n/a |
| Holdings | 1567 |
| Inception Date | Jun 1, 2004 |
About PJARX
Principal SmallCap Value Fund II R-3 Class is a mutual fund focused on delivering long-term capital growth by primarily investing in equity securities of small-capitalization U.S. companies that appear to be undervalued. The fund follows a small value investment style, targeting companies typically overlooked or undervalued by the broader market. Its portfolio is diversified across many sectors, including financial services, technology, basic materials, and consumer cyclicals, with over 1,500 individual equity holdings. The fund employs a multi-manager, core-satellite approach: Principal Management Corporation manages the core portion to reduce volatility, while specialized sub-advisors—such as Dimensional, Vaughan Nelson, and LA Capital—actively manage satellite portfolios aiming for outperformance and diversification. This structure seeks to combine consistency in returns with the potential for excess performance relative to its benchmark, the Russell 2000 Value Index. Geared toward retirement accounts and long-term investors, Principal SmallCap Value Fund II R-3 Class plays a distinctive role in providing access to the growth potential of small-cap value stocks within a risk-managed framework.
Performance
PJARX had a total return of 19.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.10%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
15.97% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal Government Money Market R-6 | PGWXX | 2.61% |
| iShares Russell 2000 Value ETF | IWN | 2.55% |
| Cushman & Wakefield plc | CWK | 1.56% |
| Comerica Incorporated | CMA | 1.39% |
| Installed Building Products, Inc. | IBP | 1.38% |
| Artisan Partners Asset Management Inc. | APAM | 1.34% |
| Huntington Ingalls Industries, Inc. | HII | 1.33% |
| Red Rock Resorts, Inc. | RRR | 1.33% |
| Coherent Corp. | COHR | 1.27% |
| Cadence Bank | CADE | 1.24% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.107 | Dec 20, 2024 |
| Dec 19, 2024 | $1.1154 | Dec 19, 2024 |
| Dec 21, 2023 | $0.0791 | Dec 21, 2023 |
| Dec 20, 2023 | $0.2452 | Dec 20, 2023 |
| Dec 21, 2022 | $0.0353 | Dec 21, 2022 |
| Dec 20, 2022 | $1.1431 | Dec 20, 2022 |