Principal Equity Income Fund Class A (PQIAX)

Fund Assets	7.11B
Expense Ratio	0.858%
Min. Investment	$1,000
Turnover	16.70%
Dividend (ttm)	0.54
Dividend Yield	1.18%
Dividend Growth	-8.18%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 18, 2026

Previous Close	45.41
YTD Return	12.24%
1-Year Return	17.02%
5-Year Return	68.59%
52-Week Low	40.64
52-Week High	46.85
Beta (5Y)	0.98
Holdings	60
Inception Date	May 31, 1939

About PQIAX

Principal Equity Income Fund Class A is a mutual fund with a primary focus on providing investors with current income and long-term growth of both income and capital. The fund is managed using a value-oriented strategy, investing at least 80% of its net assets in dividend-paying equity securities, primarily from large and medium market capitalization companies. Its portfolio is designed to emphasize high-quality businesses with a track record of consistent or growing dividends, aiming to capture the benefits that dividend growers and payers have historically offered, such as higher returns with reduced risk compared to non-dividend-paying stocks. The fund maintains a sector-neutral approach, selecting companies based on their individual merits rather than making large sector bets. This strategy helps mitigate risk while striving for stable income generation and capital appreciation. Principal Equity Income Fund Class A is benchmarked against the Russell 1000 Value Index and falls within the large value Morningstar category. With a long operating history dating back to 1939, it plays a significant role for investors seeking a combination of dividend income and growth potential in their equity allocations, often making it a core holding for income-focused and risk-conscious portfolios.

• Fund Family: Principal Funds
• Category: Large Value
• Performance Rating: Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PQIAX
• Share Class: Class A
• Index: Russell 1000 Value TR

Performance

PQIAX had a total return of 17.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.24%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
SWDSX	Schwab	Schwab Dividend Equity Fund™	0.93%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PEIIX	Institutional Class	0.52%
PEIJX	Class J	0.74%
PEIQX	R-5	0.77%
PEIOX	R-3	1.08%

Top 10 Holdings

31.73% of assets

Name	Symbol	Weight
Apple Inc.	AAPL	4.75%
Microsoft Corporation	MSFT	3.85%
JPMorgan Chase & Co.	JPM	3.29%
Taiwan Semiconductor Manufacturing Company Limited	TSM	3.26%
Morgan Stanley	MS	2.97%
Costco Wholesale Corporation	COST	2.83%
Chubb Limited	CB	2.77%
The Coca-Cola Company	KO	2.74%
D.R. Horton, Inc.	DHI	2.69%
The PNC Financial Services Group, Inc.	PNC	2.58%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 18, 2026	$0.1481	Sep 18, 2026
Jun 17, 2026	$0.1514	Jun 17, 2026
Mar 18, 2026	$0.1435	Mar 18, 2026
Dec 29, 2025	$0.0979	Dec 29, 2025
Dec 11, 2025	$3.4941	Dec 11, 2025
Sep 18, 2025	$0.1843	Sep 18, 2025

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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