About PMFMX
The Principal MidCap S&P 400 Index Fund R-3 Class is a mutual fund designed to provide investors with broad exposure to U.S. mid-cap equities by tracking the performance of the S&P MidCap 400 Index. Its primary objective is long-term capital growth, and the fund typically invests at least 80% of its net assets in the common stocks of companies included in the S&P MidCap 400, which represents firms with mid-range market capitalizations selected for size, liquidity, and industry representation.
This fund employs a passively managed, indexing strategy, seeking to mirror the risk and return characteristics of the mid-cap segment of the U.S. equity market. The fund’s diversified portfolio spans a range of sectors, including consumer cyclical, healthcare, energy, industrials, financial services, and technology. With over $1.2 billion in assets and more than 400 holdings, it offers investors a cost-efficient means to participate in the potential growth of mid-sized American companies. The fund is categorized as "Mid Cap Blend," appealing to those seeking balanced exposure to both growth and value stocks within the mid-cap universe, and is managed by an experienced team focused on disciplined index replication.
Fund Family Principal Funds
Category Mid-Cap Blend
Performance Rating Below Average
Risk Rating Average
Ticker Symbol PMFMX
Share Class R-3
Index S&P Mid Cap 400 TR
PMFMX had a total return of 8.29% in the past year, including dividends. Since the fund's
inception, the average annual return has been 16.28%.
