Principal Small-MidCap Dividend Income Fund Institutional Class (PMDIX)
| Fund Assets | 1.61B |
| Expense Ratio | 0.85% |
| Min. Investment | $0.00 |
| Turnover | 25.90% |
| Dividend (ttm) | 0.61 |
| Dividend Yield | 3.08% |
| Dividend Growth | -30.63% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 19.77 |
| YTD Return | n/a |
| 1-Year Return | 8.63% |
| 5-Year Return | 71.82% |
| 52-Week Low | 15.08 |
| 52-Week High | 20.10 |
| Beta (5Y) | 1.03 |
| Holdings | 72 |
| Inception Date | Jun 6, 2011 |
About PMDIX
The Principal Small-MidCap Dividend Income Fund Institutional Class is a mutual fund focused on generating both current income and long-term capital growth by investing in dividend-paying stocks of small- to mid-capitalization U.S. companies. Its primary function is to provide investors with a blend of income and appreciation potential through a quality-driven approach, targeting companies that are not only consistent dividend payers but also have a proven record of growing their dividends. The fund maintains a sector-neutral strategy, which helps diversify risk by avoiding concentrated sector bets while emphasizing stock selection within each sector. Key sectors represented include consumer cyclical, financial services, energy, and consumer defensive, among others. The fund’s disciplined, quality-first methodology aims to avoid value traps and highlight superior operators. This strategy offers market participants access to a segment of the market known for combining dividend reliability with the growth potential typical of small and mid-sized companies, making the fund a relevant choice for those seeking income and growth opportunities within a diversified, U.S. mid-cap value framework.
Performance
PMDIX had a total return of 8.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.51%.
Top 10 Holdings
24.48% of assets| Name | Symbol | Weight |
|---|---|---|
| MKS Inc. | MKSI | 3.11% |
| East West Bancorp, Inc. | EWBC | 2.77% |
| nVent Electric plc | NVT | 2.59% |
| STERIS plc | STE | 2.50% |
| Leidos Holdings, Inc. | LDOS | 2.43% |
| Hamilton Lane Incorporated | HLNE | 2.32% |
| Wintrust Financial Corporation | WTFC | 2.27% |
| Amkor Technology, Inc. | AMKR | 2.19% |
| Quest Diagnostics Incorporated | DGX | 2.16% |
| Packaging Corporation of America | PKG | 2.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $0.059 | Dec 29, 2025 |
| Dec 11, 2025 | $0.3512 | Dec 11, 2025 |
| Sep 18, 2025 | $0.0625 | Sep 18, 2025 |
| Jun 18, 2025 | $0.0753 | Jun 18, 2025 |
| Mar 19, 2025 | $0.0652 | Mar 19, 2025 |
| Dec 27, 2024 | $0.0638 | Dec 27, 2024 |