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.
Fund Family Principal Funds
Category Large Growth
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PLGIX
Share Class Institutional Class
Index Russell 1000 Growth TR
PLGIX had a total return of 4.34% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.43%.
