Principal MidCap Fund Class C (PMBCX)
| Fund Assets | 30.87B |
| Expense Ratio | 1.78% |
| Min. Investment | $1,000 |
| Turnover | 10.50% |
| Dividend (ttm) | 1.40 |
| Dividend Yield | 3.76% |
| Dividend Growth | 47.37% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 37.17 |
| YTD Return | 4.25% |
| 1-Year Return | 15.99% |
| 5-Year Return | 83.53% |
| 52-Week Low | 31.33 |
| 52-Week High | 39.33 |
| Beta (5Y) | n/a |
| Holdings | 75 |
| Inception Date | Jan 17, 2007 |
About PMBCX
Principal MidCap Fund Class C is an actively managed U.S. equity fund focused on mid-cap growth. Its primary purpose is to achieve long-term growth of capital by investing in common stocks and other equity securities of medium-capitalization companies. The fund targets U.S. firms projected to grow faster than other mid-cap stocks, often commanding higher prices. It invests across various sectors, including industrials, financial services, and consumer cyclical industries. Notable for its highly active approach and concentrated top holdings, the fund's strategy emphasizes owner-operators, who are believed to be passionate and cost-conscious, leading to better capital allocation. With a strong team and a proven investment process, Principal MidCap Fund Class C plays a significant role in the mid-cap market, offering a blended portfolio of growth and value stocks.
Performance
PMBCX had a total return of 15.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.31%.
Top 10 Holdings
43.06% of assets| Name | Symbol | Weight |
|---|---|---|
| HEICO Corporation | HEI.A | 5.38% |
| TransDigm Group Incorporated | TDG | 5.20% |
| Brookfield Corporation | BN | 5.20% |
| Hilton Worldwide Holdings Inc. | HLT | 4.59% |
| O'Reilly Automotive, Inc. | ORLY | 4.38% |
| Vulcan Materials Company | VMC | 4.11% |
| Copart, Inc. | CPRT | 4.11% |
| KKR & Co. Inc. | KKR | 3.86% |
| Brown & Brown, Inc. | BRO | 3.51% |
| Brookfield Infrastructure Partners L.P. | BIP | 2.72% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $1.3963 | Dec 12, 2024 |
| Dec 13, 2023 | $0.9475 | Dec 13, 2023 |
| Dec 13, 2022 | $0.9922 | Dec 13, 2022 |
| Dec 13, 2021 | $3.3309 | Dec 13, 2021 |
| Dec 11, 2020 | $0.3916 | Dec 11, 2020 |
| Dec 11, 2019 | $1.3209 | Dec 11, 2019 |