About PLCGX
Principal LargeCap Growth Fund I Class R-6 is a mutual fund focused on achieving long-term capital growth by investing primarily in equity securities of large-cap companies that exhibit strong growth potential. Managed by Principal Asset Management, the fund typically allocates at least 80% of its net assets to U.S. and, to a lesser extent, foreign companies with large market capitalizations, supplementing its core holdings with select mid-cap exposures. Its portfolio is concentrated in growth-oriented sectors, with a significant emphasis on information technology, consumer discretionary, and communication services industries. Notable holdings often include leading firms like Microsoft, Amazon, NVIDIA, and Apple, reflecting a strategy that seeks to capitalize on innovation and robust free cash flow generation. The fund is designed for retirement plan investors, offering the R-6 share class with no minimum investment and a competitive expense ratio. Through disciplined active management, Principal LargeCap Growth Fund I Class R-6 aims to provide investors access to the performance of prominent growth companies, serving as a key vehicle for capturing large-cap equity market trends within diversified portfolios.
Fund Family Principal Funds
Category Large Growth
Stock Exchange NASDAQ
Ticker Symbol PLCGX
Share Class R-6
Index Russell 1000 Growth TR
PLCGX had a total return of 40.92% in the past year, including dividends. Since the fund's
inception, the average annual return has been 17.70%.