Principal MidCap S&P 400 Index Fund Class J (PMFJX)
| Fund Assets | 1.21B |
| Expense Ratio | 0.42% |
| Min. Investment | $1,000 |
| Turnover | 19.90% |
| Dividend (ttm) | 3.05 |
| Dividend Yield | 14.15% |
| Dividend Growth | 288.52% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 21.56 |
| YTD Return | 2.87% |
| 1-Year Return | 23.16% |
| 5-Year Return | 112.51% |
| 52-Week Low | 17.20 |
| 52-Week High | 26.00 |
| Beta (5Y) | n/a |
| Holdings | 406 |
| Inception Date | Mar 1, 2001 |
About PMFJX
The Principal MidCap S&P 400 Index Fund Class J is a mutual fund designed to mirror the performance of the S&P MidCap 400 Index, which tracks the mid-capitalization segment of the U.S. equity market. Its primary function is to provide investors with broad exposure to the mid-cap universe, focusing on companies that fall in the middle 20% of the U.S. stock market by capitalization. The fund employs a passive index-tracking strategy, investing at least 80% of its net assets in the constituent equities of the S&P MidCap 400 Index, aiming for long-term capital growth while maintaining a risk/return profile characteristic of mid-cap stocks. This fund plays a significant role for investors seeking diversification beyond large-cap equities, offering potential for growth through participation in dynamic, established U.S. businesses across a variety of sectors. With a minimum investment requirement and annual dividend distributions, the fund stands out as a core holding in a diversified portfolio, managed by experienced professionals under the Principal Global Investors umbrella.
Performance
PMFJX had a total return of 23.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.17%.
Top 10 Holdings
10.13% of assets| Name | Symbol | Weight |
|---|---|---|
| E-mini S&P MidCap 400 Future June 25 | n/a | 2.52% |
| Principal Government Money Market R-6 | PGWXX | 2.27% |
| Interactive Brokers Group, Inc. | IBKR | 0.79% |
| EMCOR Group, Inc. | EME | 0.75% |
| Duolingo, Inc. | DUOL | 0.68% |
| RB Global, Inc. | RBA | 0.67% |
| US Foods Holding Corp. | USFD | 0.63% |
| Guidewire Software, Inc. | GWRE | 0.62% |
| DocuSign, Inc. | DOCU | 0.62% |
| Sprouts Farmers Market, Inc. | SFM | 0.60% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.294 | Dec 20, 2024 |
| Dec 19, 2024 | $2.7563 | Dec 19, 2024 |
| Dec 21, 2023 | $0.2608 | Dec 21, 2023 |
| Dec 20, 2023 | $0.5243 | Dec 20, 2023 |
| Dec 21, 2022 | $0.2442 | Dec 21, 2022 |
| Dec 20, 2022 | $1.188 | Dec 20, 2022 |