Principal MidCap R5 (PMBPX)
| Fund Assets | 32.61B |
| Expense Ratio | 0.84% |
| Min. Investment | $1,000 |
| Turnover | 10.50% |
| Dividend (ttm) | 1.40 |
| Dividend Yield | 3.18% |
| Dividend Growth | 47.75% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 45.94 |
| YTD Return | 7.82% |
| 1-Year Return | 15.03% |
| 5-Year Return | 80.34% |
| 52-Week Low | 38.89 |
| 52-Week High | 48.32 |
| Beta (5Y) | n/a |
| Holdings | 75 |
| Inception Date | Dec 6, 2000 |
About PMBPX
Principal MidCap Fund R-5 Class is an actively managed mutual fund focused on achieving long-term capital growth by investing primarily in equity securities of medium-capitalization companies. The fund strategically allocates at least 80% of its net assets to mid-cap stocks, selecting firms that typically fall within the market capitalization range represented by the Russell MidCap® Index. Emphasizing a highly active and research-driven approach, the fund favors owner-operator businesses, aiming for a concentrated portfolio that often departs from benchmark allocations. This focus on owner-operators is intended to align incentives and foster long-term value creation, as these leaders are perceived to be passionate, disciplined, and effective capital allocators. The fund’s top holdings span diverse sectors, including industrials, financial services, consumer cyclical, and basic materials, reflecting a blend of growth and value investment styles. Managed by an experienced team, the Principal MidCap Fund R-5 Class serves investors seeking exposure to the mid-cap segment, which is often seen as a dynamic area of the U.S. equity market with potential for both growth and resilience through different market cycles.
Performance
PMBPX had a total return of 15.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.44%.
Top 10 Holdings
43.79% of assets| Name | Symbol | Weight |
|---|---|---|
| Brookfield Corporation | BN | 5.57% |
| HEICO Corporation | HEI.A | 5.38% |
| TransDigm Group Incorporated | TDG | 5.25% |
| Hilton Worldwide Holdings Inc. | HLT | 4.73% |
| KKR & Co. Inc. | KKR | 4.42% |
| O'Reilly Automotive, Inc. | ORLY | 4.37% |
| Vulcan Materials Company | VMC | 4.24% |
| Copart, Inc. | CPRT | 3.51% |
| CoStar Group, Inc. | CSGP | 3.16% |
| RE Royalties Ltd. | CBRE | 3.15% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.0036 | 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 |