Principal LargeCap Growth Fund I Institutional Class (PLGIX)
| Fund Assets | 8.95B |
| Expense Ratio | 0.68% |
| Min. Investment | $0.00 |
| Turnover | 39.60% |
| Dividend (ttm) | 5.26 |
| Dividend Yield | 29.93% |
| Dividend Growth | 405.38% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 17.58 |
| YTD Return | 7.27% |
| 1-Year Return | 43.12% |
| 5-Year Return | 135.69% |
| 52-Week Low | 13.56 |
| 52-Week High | 22.75 |
| Beta (5Y) | n/a |
| Holdings | 416 |
| Inception Date | Dec 6, 2000 |
About PLGIX
Principal LargeCap Growth Fund I Institutional Class is a mutual fund designed to achieve long-term capital growth by primarily investing in equity securities of large-cap companies that exhibit strong growth characteristics. Under normal market circumstances, the fund allocates at least 80% of its net assets—plus any borrowed funds for investment purposes—into growth-oriented stocks, with a significant emphasis on the information technology sector, but also including companies with medium market capitalizations. The fund typically holds a concentrated portfolio, with nearly half its assets invested in its top ten holdings, which include leading firms such as Microsoft, NVIDIA, Amazon.com, and Apple. Benchmarking its performance against the Russell 1000 Growth Index, this fund plays a key role for institutional investors seeking exposure to the dynamic US large-cap growth segment. Established in December 2000, the fund is managed by Principal Asset Management and is recognized for its institutional share class, competitive expense ratio, and annual dividend distribution frequency.
Performance
PLGIX had a total return of 43.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.60%.
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 |
| FBGRX | Fidelity | Fidelity Blue Chip Growth Fund | 0.69% |
| FBGKX | Fidelity | Fidelity Blue Chip Growth Fund - Class K | 0.59% |
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 | $0.0028 | Dec 20, 2019 |