Principal Small-MidCap Dividend Income Fund Institutional Class (PMDIX)
| Fund Assets | 1.58B |
| Expense Ratio | 0.85% |
| Min. Investment | $0.00 |
| Turnover | 37.30% |
| Dividend (ttm) | 0.87 |
| Dividend Yield | 4.57% |
| Dividend Growth | -19.50% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 18, 2025 |
| Previous Close | 19.09 |
| YTD Return | 3.92% |
| 1-Year Return | 7.65% |
| 5-Year Return | 93.71% |
| 52-Week Low | 15.50 |
| 52-Week High | 21.09 |
| Beta (5Y) | 1.01 |
| Holdings | 74 |
| 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 7.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.88%.
Top 10 Holdings
23.17% of assets| Name | 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 | $0.0753 | Jun 18, 2025 |
| Mar 19, 2025 | $0.0652 | Mar 19, 2025 |
| Dec 27, 2024 | $0.0638 | Dec 27, 2024 |
| Dec 12, 2024 | $0.5999 | Dec 12, 2024 |
| Sep 19, 2024 | $0.0643 | Sep 19, 2024 |
| Jun 20, 2024 | $0.0851 | Jun 20, 2024 |