Principal SmallCap Fund Class R6 (PSMLX)
| Fund Assets | 1.98B |
| Expense Ratio | 0.76% |
| Min. Investment | $1,000 |
| Turnover | 41.10% |
| Dividend (ttm) | 0.57 |
| Dividend Yield | 1.97% |
| Dividend Growth | -30.72% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 28.57 |
| YTD Return | 0.70% |
| 1-Year Return | 8.28% |
| 5-Year Return | 66.63% |
| 52-Week Low | 22.81 |
| 52-Week High | 31.53 |
| Beta (5Y) | n/a |
| Holdings | 125 |
| Inception Date | Nov 22, 2016 |
About PSMLX
Principal SmallCap Fund Class R6 is an actively managed mutual fund focused on long-term capital growth by investing primarily in U.S. companies with small market capitalizations. The fund seeks to allocate at least 80% of its net assets to equity securities of small-cap firms, emphasizing businesses with strong fundamentals, improving prospects, and attractive relative valuations. It typically holds a blend of value and growth-oriented stocks, spanning a diverse range of industries and sectors within the small-cap segment. Launched in 2016, this fund offers investors exposure to the dynamic small-cap equity market, which is known for greater price volatility but also the potential for higher returns compared to large-cap stocks. The fund benchmarks its performance against the Russell 2000 Index—widely recognized as a barometer of the U.S. small-cap equity market. With a competitive expense ratio and annual or semi-annual dividend distributions, Principal SmallCap Fund Class R6 serves as a core holding for investors seeking diversified access to emerging and rapidly growing U.S. companies within their portfolios.
Performance
PSMLX had a total return of 8.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.89%.
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 | $0.111 | Dec 20, 2024 |
| Dec 19, 2024 | $0.4636 | Dec 19, 2024 |
| Dec 21, 2023 | $0.1379 | Dec 21, 2023 |
| Dec 20, 2023 | $0.6915 | Dec 20, 2023 |
| Dec 21, 2022 | $0.0751 | Dec 21, 2022 |
| Dec 20, 2021 | $2.1318 | Dec 20, 2021 |