Principal SmallCap Value Fund II Class J (PSMJX)
| Fund Assets | 1.06B |
| Expense Ratio | 1.34% |
| Min. Investment | $1,000 |
| Turnover | 73.90% |
| Dividend (ttm) | 1.25 |
| Dividend Yield | 11.33% |
| Dividend Growth | 267.58% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 10.96 |
| YTD Return | 0.82% |
| 1-Year Return | 16.42% |
| 5-Year Return | 124.85% |
| 52-Week Low | 8.85 |
| 52-Week High | 13.38 |
| Beta (5Y) | n/a |
| Holdings | 1550 |
| Inception Date | Mar 2, 2009 |
About PSMJX
Principal SmallCap Value Fund II Class J is a mutual fund focused on achieving long-term capital growth by investing primarily in equity securities of small-capitalization companies. The fund follows a value-oriented investment strategy, seeking out stocks considered undervalued relative to their intrinsic worth. By allocating at least 80% of its assets to small-cap equities, it targets firms with market capitalizations that are generally below those of the broader market, often participating in sectors such as financials, industrials, and consumer services. Managed by an experienced team, the fund benchmarks its performance to the Russell 2000 Value Index, positioning it within the Morningstar Small Value category. Its approach emphasizes both thorough fundamental analysis and diversification to identify opportunities across a broad range of small-cap companies. The fund’s role in the financial market is to provide investors with access to potential growth and diversification benefits unique to smaller, undervalued U.S. companies, which may behave differently from large-cap and more growth-oriented investments, thus serving as a complement in a diversified portfolio.
Performance
PSMJX had a total return of 16.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.10%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FCVCX | Fidelity | Fidelity Advisor Small Cap Value Fund - Class C | 2.06% |
| FCVAX | Fidelity | Fidelity Advisor Small Cap Value Fund - Class A | 1.30% |
| FCVTX | Fidelity | Fidelity Advisor Small Cap Value Fund - Class M | 1.54% |
| FIKNX | Fidelity | Fidelity Advisor Small Cap Value Fund - Class Z | 0.90% |
| FCVIX | Fidelity | Fidelity Advisor Small Cap Value Fund - Class I | 1.03% |
Top 10 Holdings
16.05% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal Government Money Market R-6 | PGWXX | 3.69% |
| iShares Russell 2000 Value ETF | IWN | 2.51% |
| Cushman & Wakefield plc | CWK | 1.35% |
| Selective Insurance Group, Inc. | SIGI | 1.35% |
| Cullen/Frost Bankers, Inc. | CFR | 1.27% |
| Artisan Partners Asset Management Inc. | APAM | 1.23% |
| Western Alliance Bancorporation | WAL | 1.20% |
| Comerica Incorporated | CMA | 1.18% |
| The Hanover Insurance Group, Inc. | THG | 1.16% |
| Installed Building Products, Inc. | IBP | 1.11% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.1351 | Dec 20, 2024 |
| Dec 19, 2024 | $1.1154 | Dec 19, 2024 |
| Dec 21, 2023 | $0.095 | Dec 21, 2023 |
| Dec 20, 2023 | $0.2452 | Dec 20, 2023 |
| Dec 21, 2022 | $0.0588 | Dec 21, 2022 |
| Dec 20, 2022 | $1.1431 | Dec 20, 2022 |