Principal LargeCap Growth Fund I Class A (PLGAX)
| Fund Assets | 8.95B |
| Expense Ratio | 1.00% |
| Min. Investment | $1,000 |
| Turnover | 39.60% |
| Dividend (ttm) | 5.26 |
| Dividend Yield | 31.08% |
| Dividend Growth | 405.38% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 16.00 |
| YTD Return | 6.98% |
| 1-Year Return | 41.79% |
| 5-Year Return | 121.44% |
| 52-Week Low | 12.25 |
| 52-Week High | 21.09 |
| Beta (5Y) | n/a |
| Holdings | 416 |
| Inception Date | Mar 1, 2013 |
About PLGAX
Principal LargeCap Growth Fund I Class A is a mutual fund focused on achieving long-term capital growth by primarily investing in equity securities of large-cap companies that exhibit strong growth characteristics. The fund typically allocates at least 80% of its net assets, along with any borrowings for investment purposes, to growth-oriented stocks of companies with large market capitalizations, and may also include select mid-cap equities. Its portfolio is heavily weighted toward sectors with robust growth potential, particularly information technology, but also covers industries such as consumer cyclical, healthcare, and communication services. The fund is managed by a seasoned team that employs a bottom-up investment approach, favoring companies demonstrating positive momentum and the capacity to outperform market expectations. With a benchmark tied to the Russell 1000 Growth Index, the fund serves investors seeking exposure to leading U.S. and, to a limited extent, international growth companies. Its diversified portfolio and focus on sustainable earnings growth make it a significant vehicle for capturing the performance of the large-cap growth segment within the broader equity market.
Performance
PLGAX had a total return of 41.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 17.01%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLGEX | Fidelity | Fidelity Large Cap Growth Enhanced Index Fund | 0.39% |
| FBCGX | Fidelity | Fidelity Blue Chip Growth K6 Fund | 0.46% |
| FHOFX | Fidelity | Fidelity Series Large Cap Growth Index Fund | n/a |
| LGILX | Schwab | Schwab Select Large Cap Growth Fund | 0.75% |
| FBGRX | Fidelity | Fidelity Blue Chip Growth Fund | 0.69% |
Top 10 Holdings
47.95% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 9.29% |
| NVIDIA Corporation | NVDA | 7.78% |
| Amazon.com, Inc. | AMZN | 6.16% |
| Apple Inc. | AAPL | 4.95% |
| Meta Platforms, Inc. | META | 4.51% |
| Mastercard Incorporated | MA | 3.48% |
| Intuit Inc. | INTU | 3.19% |
| Alphabet Inc. | GOOGL | 3.09% |
| Netflix, Inc. | NFLX | 2.96% |
| Intuitive Surgical, Inc. | ISRG | 2.54% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $5.261 | Dec 19, 2024 |
| Dec 20, 2023 | $1.041 | Dec 20, 2023 |
| Dec 20, 2022 | $1.5188 | Dec 20, 2022 |
| Dec 20, 2021 | $2.5188 | Dec 20, 2021 |
| Dec 18, 2020 | $1.4365 | Dec 18, 2020 |
| Dec 20, 2019 | $0.0025 | Dec 20, 2019 |