Principal Small-MidCap Dividend Income Fund R6 (PMDHX)
Fund Assets | 1.58B |
Expense Ratio | 0.79% |
Min. Investment | $0.00 |
Turnover | 37.30% |
Dividend (ttm) | 0.88 |
Dividend Yield | 4.61% |
Dividend Growth | -19.07% |
Payout Frequency | Quarterly |
Ex-Dividend Date | Jun 18, 2025 |
Previous Close | 19.26 |
YTD Return | 3.29% |
1-Year Return | 6.95% |
5-Year Return | 93.12% |
52-Week Low | 15.59 |
52-Week High | 21.21 |
Beta (5Y) | n/a |
Holdings | 74 |
Inception Date | Jan 3, 2017 |
About PMDHX
Principal Small-MidCap Dividend Income Fund R6 is a mutual fund focused on delivering a combination of current income and long-term capital growth. The fund primarily invests at least 80% of its net assets in dividend-paying equity securities of small- and mid-capitalization companies, including both U.S. and select foreign stocks as well as real estate investment trusts. Its investment strategy emphasizes identifying companies with a history or potential for growing dividends, aiming to provide a smoother return profile relative to non-dividend payers and to reduce value-trap risks through a "quality-first" selection approach. Moreover, the fund maintains a sector-neutral stance to help mitigate concentrated risk, placing emphasis on individual company strength rather than making sector bets. The Principal Small-MidCap Dividend Income Fund R6 plays a significant role in the broader market by offering investors targeted exposure to the income and growth opportunities within the dynamic small- and mid-cap segments, coupled with a strategic focus on dividend sustainability and quality management practices. This makes it a useful vehicle for those seeking diversified access to U.S. small- and mid-sized company equities with a consistent income component.
Performance
PMDHX had a total return of 6.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.42%.
Top 10 Holdings
23.17% of assetsName | Symbol | Weight |
---|---|---|
East West Bancorp, Inc. | EWBC | 2.89% |
Equitable Holdings, Inc. | EQH | 2.54% |
STERIS plc | STE | 2.35% |
Ingredion Incorporated | INGR | 2.31% |
Cullen/Frost Bankers, Inc. | CFR | 2.30% |
Wintrust Financial Corporation | WTFC | 2.27% |
Quest Diagnostics Incorporated | DGX | 2.17% |
Williams-Sonoma, Inc. | WSM | 2.15% |
Leidos Holdings, Inc. | LDOS | 2.09% |
MKS Inc. | MKSI | 2.09% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Jun 18, 2025 | $0.0783 | Jun 18, 2025 |
Mar 19, 2025 | $0.0686 | Mar 19, 2025 |
Dec 27, 2024 | $0.0678 | Dec 27, 2024 |
Dec 12, 2024 | $0.5999 | Dec 12, 2024 |
Sep 19, 2024 | $0.0674 | Sep 19, 2024 |
Jun 20, 2024 | $0.0877 | Jun 20, 2024 |