Principal LargeCap Value Fund III Institutional Class (PLVIX)
| Fund Assets | 3.47B |
| Expense Ratio | 0.72% |
| Min. Investment | $0.00 |
| Turnover | 41.10% |
| Dividend (ttm) | 1.60 |
| Dividend Yield | 8.10% |
| Dividend Growth | 172.04% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 19.75 |
| YTD Return | 3.95% |
| 1-Year Return | 17.13% |
| 5-Year Return | 88.15% |
| 52-Week Low | 16.91 |
| 52-Week High | 21.93 |
| Beta (5Y) | n/a |
| Holdings | 890 |
| Inception Date | Dec 6, 2000 |
About PLVIX
Principal LargeCap Value Fund III Institutional Class is a mutual fund that seeks long-term growth of capital by investing primarily in large-cap U.S. companies considered undervalued relative to their fundamentals. This fund typically allocates at least 80% of its assets to value-oriented stocks, focusing on firms with large market capitalizations—typically within the top 70% of the U.S. equity market. The portfolio may also include select mid-cap equities and other investment companies for diversification. Its holdings span a range of sectors, including financial services, healthcare, technology, and industrials, with notable portfolio weights in major companies such as American International Group, UnitedHealth Group, and Johnson & Johnson. The fund operates with an annual dividend distribution and maintains a competitive expense structure. Designed for institutional investors, Principal LargeCap Value Fund III Institutional Class plays a significant role for those seeking exposure to established U.S. firms that demonstrate strong fundamentals but are trading at relatively low valuations, thereby serving as a core component in diversified investment strategies focused on value-based equity exposure.
Performance
PLVIX had a total return of 17.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.42%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWNFX | Vanguard | Vanguard Windsor™ II Fund Investor Share | 0.32% |
Top 10 Holdings
20.91% of assets| Name | Symbol | Weight |
|---|---|---|
| Invesco S&P 500 Pure Value ETF | RPV | 3.08% |
| Bank of America Corporation | BAC | 2.48% |
| Principal Government Money Market R-6 | PGWXX | 2.43% |
| Exxon Mobil Corporation | XOM | 2.36% |
| Carnival Corporation & plc | CCL | 2.05% |
| Alphabet Inc. | GOOGL | 1.91% |
| JPMorgan Chase & Co. | JPM | 1.73% |
| Wells Fargo & Company | WFC | 1.68% |
| Entergy Corporation | ETR | 1.66% |
| Vertiv Holdings Co | VRT | 1.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.2719 | Dec 20, 2024 |
| Dec 19, 2024 | $1.3277 | Dec 19, 2024 |
| Dec 21, 2023 | $0.2809 | Dec 21, 2023 |
| Dec 20, 2023 | $0.3071 | Dec 20, 2023 |
| Dec 21, 2022 | $0.2853 | Dec 21, 2022 |
| Dec 20, 2022 | $1.4291 | Dec 20, 2022 |