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.
Fund Family Principal Funds
Category Small Value
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol PJARX
Share Class R-3
Index Russell 2000 Value TR
PJARX had a total return of 16.18% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.31%.
