Principal MidCap Fund Class R6 (PMAQX)
| Fund Assets | 30.61B |
| Expense Ratio | 0.60% |
| Min. Investment | $1,000 |
| Turnover | 13.70% |
| Dividend (ttm) | 2.49 |
| Dividend Yield | 5.84% |
| Dividend Growth | 67.35% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 11, 2025 |
| Previous Close | 42.86 |
| YTD Return | -0.65% |
| 1-Year Return | -2.89% |
| 5-Year Return | 54.18% |
| 52-Week Low | 37.77 |
| 52-Week High | 45.90 |
| Beta (5Y) | n/a |
| Holdings | 72 |
| Inception Date | Nov 22, 2016 |
About PMAQX
Principal MidCap Fund Class R6 is an actively managed mutual fund specializing in U.S. mid-cap growth equities. Its primary objective is long-term capital appreciation, achieved by investing at least 80% of assets in equity securities of companies with medium market capitalizations—those typically within the Russell MidCap® Index range. The fund distinguishes itself through a highly active approach that emphasizes positions in owner-operator companies, granting managers broad discretion to deviate from index weights, resulting in a concentrated portfolio. Notably, a significant share of assets is allocated to sectors such as financial services, industrials, consumer cyclicals, and technology. The fund maintains a modest exposure to non-U.S. equities, allowing for some global diversification. With a below-average expense ratio compared to its category and a low portfolio turnover rate, Principal MidCap Fund Class R6 appeals to investors seeking participation in mid-cap growth with disciplined active management. It is often selected by retirement plans and institutional investors for its consistency, experienced management team, and history of risk-adjusted outperformance over market cycles.
Performance
PMAQX had a total return of -2.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 18.08%.
Top 10 Holdings
43.70% of assets| Name | Symbol | Weight |
|---|---|---|
| HEICO Corporation | HEI.A | 5.18% |
| Brookfield Corporation | BN | 5.16% |
| Hilton Worldwide Holdings Inc. | HLT | 5.06% |
| TransDigm Group Incorporated | TDG | 5.03% |
| Vulcan Materials Company | VMC | 4.78% |
| O'Reilly Automotive, Inc. | ORLY | 4.57% |
| KKR & Co. Inc. | KKR | 3.83% |
| CBRE Group, Inc. | CBRE | 3.61% |
| Live Nation Entertainment, Inc. | LYV | 3.31% |
| Brookfield Infrastructure Partners L.P. | BIP | 3.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 11, 2025 | $2.4892 | Dec 11, 2025 |
| Dec 27, 2024 | $0.0911 | Dec 27, 2024 |
| Dec 12, 2024 | $1.3963 | Dec 12, 2024 |
| Dec 27, 2023 | $0.0433 | Dec 27, 2023 |
| Dec 13, 2023 | $0.9475 | Dec 13, 2023 |
| Dec 13, 2022 | $0.9922 | Dec 13, 2022 |