Principal SmallCap Fund Institutional Class (PSLIX)
| Fund Assets | 1.98B |
| Expense Ratio | 0.85% |
| Min. Investment | $1,000 |
| Turnover | 41.10% |
| Dividend (ttm) | 0.54 |
| Dividend Yield | 1.86% |
| Dividend Growth | -32.58% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 28.95 |
| YTD Return | 2.57% |
| 1-Year Return | 10.21% |
| 5-Year Return | 68.90% |
| 52-Week Low | 22.79 |
| 52-Week High | 31.49 |
| Beta (5Y) | n/a |
| Holdings | 125 |
| Inception Date | Mar 1, 2001 |
About PSLIX
Principal SmallCap Fund Institutional Class is an actively managed mutual fund focused on delivering long-term capital growth by investing predominantly in equity securities of small-cap companies. The fund maintains at least 80% of its net assets, along with any borrowings for investment, in businesses with small market capitalizations—typically those that are constituents of the Russell 2000 Index. Managed by an experienced team, the fund employs a strategy that seeks out companies demonstrating strong and improving business fundamentals, positive shifts in investor sentiment, and compelling relative valuations. The portfolio is diversified across sectors such as technology, consumer cyclical, healthcare, industrials, financial services, and real estate, with the top holdings representing a modest portion of total assets. Recognized for its cost efficiency, the fund is positioned in the second-cheapest fee quintile among peers and is designed for institutional investors seeking exposure to the growth potential and volatility characteristics of the U.S. small-cap equity market. Established in March 2001, Principal SmallCap Fund Institutional Class plays a significant role in diversifying portfolios that aim to capture the performance of emerging small companies within the broader equity landscape.
Performance
PSLIX had a total return of 10.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.49%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FCPEX | Fidelity | Fidelity Small Cap Enhanced Index Fund | 0.55% |
| SWSSX | Schwab | Schwab Small Cap Index Fund® | 0.04% |
| FSSNX | Fidelity | Fidelity Small Cap Index Fund | 0.03% |
| FSCRX | Fidelity | Fidelity Small Cap Discovery Fund | 1.03% |
| FSSLX | Fidelity | Fidelity Series Small Cap Core | 0.01% |
Top 10 Holdings
18.21% of assets| Name | Symbol | Weight |
|---|---|---|
| Insmed Incorporated | INSM | 2.62% |
| Chart Industries, Inc. | GTLS | 1.87% |
| TKO Group Holdings, Inc. | TKO | 1.87% |
| Dycom Industries, Inc. | DY | 1.86% |
| Popular, Inc. | BPOP | 1.73% |
| Stride, Inc. | LRN | 1.69% |
| Agree Realty Corporation | ADC | 1.67% |
| UMB Financial Corporation | UMBF | 1.66% |
| Natera, Inc. | NTRA | 1.63% |
| Performance Food Group Company | PFGC | 1.62% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.0783 | Dec 20, 2024 |
| Dec 19, 2024 | $0.4636 | Dec 19, 2024 |
| Dec 21, 2023 | $0.1123 | Dec 21, 2023 |
| Dec 20, 2023 | $0.6915 | Dec 20, 2023 |
| Dec 21, 2022 | $0.0456 | Dec 21, 2022 |
| Dec 20, 2021 | $2.1318 | Dec 20, 2021 |