Principal Real Estate Securities Fund Class J (PREJX)
| Fund Assets | 6.30B |
| Expense Ratio | 1.15% |
| Min. Investment | $1,000 |
| Turnover | 31.20% |
| Dividend (ttm) | 1.15 |
| Dividend Yield | 4.15% |
| Dividend Growth | 65.82% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 18, 2025 |
| Previous Close | 27.59 |
| YTD Return | 3.23% |
| 1-Year Return | 10.82% |
| 5-Year Return | 39.68% |
| 52-Week Low | 24.75 |
| 52-Week High | 30.44 |
| Beta (5Y) | n/a |
| Holdings | 38 |
| Inception Date | Mar 1, 2001 |
About PREJX
Principal Real Estate Securities Fund Class J is a mutual fund focused on generating total return through investments in equity securities of companies primarily engaged in the real estate industry. The fund targets firms deriving at least 50% of their assets, income, or profits from real estate-related products or services. It employs a "quality at the right price" investment style, favoring above-average companies trading at average or discounted valuations. The portfolio is broadly diversified across real estate sectors, including real estate investment trusts (REITs) and real estate operating companies, emphasizing a bottom-up stock selection approach. With a consistent track record of attractive risk-adjusted returns, the fund leverages extensive in-house research and resources spanning all real estate industry quadrants. Typically, it invests at least 80% of net assets in real estate equities without market capitalization constraints, focusing on a concentrated yet diversified portfolio. It distributes dividends quarterly and is managed by experienced professionals dedicated to delivering strong risk-adjusted performance.
Performance
PREJX had a total return of 10.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.87%.
Top 10 Holdings
57.29% of assets| Name | Symbol | Weight |
|---|---|---|
| American Tower Corporation | AMT | 10.44% |
| Equinix, Inc. | EQIX | 7.99% |
| Welltower Inc. | WELL | 7.84% |
| Prologis, Inc. | PLD | 5.47% |
| Ventas, Inc. | VTR | 5.47% |
| AvalonBay Communities, Inc. | AVB | 4.75% |
| Extra Space Storage Inc. | EXR | 4.74% |
| VICI Properties Inc. | VICI | 3.61% |
| Regency Centers Corporation | REG | 3.49% |
| Digital Realty Trust, Inc. | DLR | 3.49% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 18, 2025 | $0.156 | Jun 18, 2025 |
| Mar 19, 2025 | $0.1567 | Mar 19, 2025 |
| Dec 27, 2024 | $0.6105 | Dec 27, 2024 |
| Sep 19, 2024 | $0.2221 | Sep 19, 2024 |
| Jun 20, 2024 | $0.1411 | Jun 20, 2024 |
| Mar 19, 2024 | $0.1422 | Mar 19, 2024 |