Principal Real Estate Securities R5 (PREPX)
| Fund Assets | 6.13B |
| Expense Ratio | 1.06% |
| Min. Investment | $1,000 |
| Turnover | 31.20% |
| Dividend (ttm) | 1.15 |
| Dividend Yield | 4.23% |
| Dividend Growth | 63.87% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | n/a |
| Previous Close | 26.91 |
| YTD Return | 0.26% |
| 1-Year Return | -1.87% |
| 5-Year Return | 32.62% |
| 52-Week Low | 24.61 |
| 52-Week High | 30.28 |
| Beta (5Y) | n/a |
| Holdings | 38 |
| Inception Date | Dec 6, 2000 |
About PREPX
The Principal Real Estate Securities Fund R-5 Class is a mutual fund that primarily invests in equity securities of companies engaged in the real estate industry. Its main objective is to generate total return by focusing on firms that derive at least half their assets, income, or profits from real estate-related products or services. The fund employs a strategy of concentrated investment, typically allocating more than 25% of its net assets to real estate securities, making it a non-diversified offering. It invests across the entire market capitalization spectrum, including small, medium, and large firms, and selects holdings based on a bottom-up stock selection process that emphasizes quality companies trading at fair or discounted valuations. The fund is widely used by institutional investors for retirement plans, given its R-5 share class structure, and pays dividends on a quarterly basis. Managed by a seasoned team, the Principal Real Estate Securities Fund R-5 Class plays a significant role in providing investors with targeted exposure to the real estate sector, offering diversification within this asset class and access to market trends in real estate investment trusts (REITs) and related companies.
Performance
PREPX had a total return of -1.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.47%.
Top 10 Holdings
58.16% of assets| Name | Symbol | Weight |
|---|---|---|
| American Tower Corporation | AMT | 10.28% |
| Welltower Inc. | WELL | 8.57% |
| Equinix, Inc. | EQIX | 7.89% |
| Ventas, Inc. | VTR | 5.87% |
| Prologis, Inc. | PLD | 5.47% |
| Extra Space Storage Inc. | EXR | 4.77% |
| AvalonBay Communities, Inc. | AVB | 4.39% |
| VICI Properties Inc. | VICI | 3.76% |
| Digital Realty Trust, Inc. | DLR | 3.65% |
| Regency Centers Corporation | REG | 3.49% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 18, 2025 | $0.1585 | Jun 18, 2025 |
| Mar 19, 2025 | $0.1589 | Mar 19, 2025 |
| Dec 27, 2024 | $0.6115 | Dec 27, 2024 |
| Sep 19, 2024 | $0.221 | Sep 19, 2024 |
| Jun 20, 2024 | $0.1418 | Jun 20, 2024 |
| Mar 19, 2024 | $0.1435 | Mar 19, 2024 |