Principal Large Cap Value III J (PLVJX)
| Fund Assets | 3.53B |
| Expense Ratio | 1.02% |
| Min. Investment | $1,000 |
| Turnover | 41.10% |
| Dividend (ttm) | 1.56 |
| Dividend Yield | 7.85% |
| Dividend Growth | 189.82% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 19.79 |
| YTD Return | 7.15% |
| 1-Year Return | 16.42% |
| 5-Year Return | 91.39% |
| 52-Week Low | 16.53 |
| 52-Week High | 21.46 |
| Beta (5Y) | 0.90 |
| Holdings | 887 |
| Inception Date | Mar 1, 2001 |
About PLVJX
Principal LargeCap Value Fund III Class J is a mutual fund designed to provide long-term capital appreciation by investing primarily in large-cap U.S. companies that are considered undervalued relative to their intrinsic worth. Adhering to a value-oriented strategy, the fund typically allocates at least 80% of its assets to stocks of large-cap firms—defined as the top tier of the U.S. equity market by capitalization—which often display lower price ratios and higher dividend yields compared to their peers. It also holds positions in medium-cap companies and selectively invests in other investment companies such as exchange-traded funds. The fund manages a diversified portfolio, with recent holdings including major corporations like Bank of America, UnitedHealth Group, Exxon Mobil, and Alphabet, and maintains exposure across financials, healthcare, energy, and technology sectors. With a seasoned management team and a focus on discovering companies poised for earnings or valuation recovery, the fund aims to deliver competitive risk-adjusted returns within the large value segment. Its substantial asset base and strategy of seeking opportunities among companies with above-average growth potential underscore its role as a core holding for investors seeking exposure to established, but temporarily out-of-favor, U.S. equities.
Performance
PLVJX had a total return of 16.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.88%.
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 Inv | 0.32% |
Top 10 Holdings
21.99% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal Government Money Market R-6 | PGWXX | 3.37% |
| Invesco S&P 500 Pure Value ETF | RPV | 3.04% |
| Bank of America Corporation | BAC | 2.42% |
| Exxon Mobil Corporation | XOM | 2.33% |
| Carnival Corporation & plc | CCL | 2.18% |
| Alphabet Inc. | GOOGL | 2.08% |
| Entergy Corporation | ETR | 1.82% |
| Amazon.com, Inc. | AMZN | 1.59% |
| JPMorgan Chase & Co. | JPM | 1.58% |
| Wells Fargo & Company | WFC | 1.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.2318 | Dec 20, 2024 |
| Dec 19, 2024 | $1.3277 | Dec 19, 2024 |
| Dec 21, 2023 | $0.231 | Dec 21, 2023 |
| Dec 20, 2023 | $0.3071 | Dec 20, 2023 |
| Dec 21, 2022 | $0.2402 | Dec 21, 2022 |
| Dec 20, 2022 | $1.4291 | Dec 20, 2022 |