Principal MidCap Fund R-3 Class (PMBMX)
| Fund Assets | 30.87B |
| Expense Ratio | 1.15% |
| Min. Investment | $0.00 |
| Turnover | 10.50% |
| Dividend (ttm) | 1.40 |
| Dividend Yield | 3.41% |
| Dividend Growth | 48.37% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 43.07 |
| YTD Return | 6.41% |
| 1-Year Return | 16.05% |
| 5-Year Return | 87.38% |
| 52-Week Low | 36.52 |
| 52-Week High | 45.52 |
| Beta (5Y) | n/a |
| Holdings | 75 |
| Inception Date | Dec 6, 2000 |
About PMBMX
Principal MidCap Fund R-3 is an actively managed mutual fund that aims to provide long-term capital growth by investing primarily in equity securities of medium-sized companies. The fund targets firms with market capitalizations within the range of the Russell MidCap® Index and typically allocates at least 80% of its net assets to this segment. Its investment strategy emphasizes owner-operator companies, prioritizing leadership teams that are heavily invested in their businesses and demonstrate strong capital allocation skills. This approach results in a portfolio with higher active share and greater concentration in top holdings compared to its peers, focusing on sectors like industrials, financial services, consumer cyclicals, and real estate. Since its inception in 2000, the Principal MidCap Fund R-3 has become notable for its experienced management team and its disciplined, research-driven methodology within the U.S. mid-cap growth space. The fund plays a significant role for investors seeking diversified exposure to innovative, medium-sized companies poised for continued expansion within dynamic market sectors.
Performance
PMBMX had a total return of 16.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.13%.
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 27, 2024 | $0.0095 | Dec 27, 2024 |
| 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 |