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 | 14.59% |
Dividend Growth | 288.52% |
Payout Frequency | Semi-Annual |
Ex-Dividend Date | Dec 20, 2024 |
Previous Close | 20.84 |
YTD Return | -0.05% |
1-Year Return | 19.39% |
5-Year Return | 105.39% |
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 19.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.06%.
Top 10 Holdings
10.13% of assetsName | 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 |