Principal SmallCap Value Fund II Class R-6 (PSMVX)
| Fund Assets | 1.06B |
| Expense Ratio | 0.94% |
| Min. Investment | $1,000 |
| Turnover | 73.90% |
| Dividend (ttm) | 1.28 |
| Dividend Yield | 11.03% |
| Dividend Growth | 236.14% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 11.52 |
| YTD Return | 0.96% |
| 1-Year Return | 16.31% |
| 5-Year Return | 127.85% |
| 52-Week Low | 9.30 |
| 52-Week High | 13.99 |
| Beta (5Y) | n/a |
| Holdings | 1550 |
| Inception Date | Nov 25, 2014 |
About PSMVX
Principal SmallCap Value II Fund - R6 Class is an open-end mutual fund designed to provide long-term capital growth by investing primarily in equity securities of small-capitalization companies. The fund employs a value-oriented investment strategy, focusing on companies considered undervalued relative to their fundamentals, using criteria such as book-to-price ratios. Its portfolio typically includes a diverse mix of holdings across sectors such as financial services, real estate, basic materials, technology, and industrials, reflecting broad exposure within the small-cap universe. A distinctive feature of the fund is its core-satellite management structure, which combines a core portfolio managed with narrow risk constraints to help reduce volatility, with satellite portfolios operated by different sub-advisors aiming to deliver excess returns and additional diversification. The fund benchmarks its performance against the Russell 2000 Value Index, underscoring its focus on smaller, value-oriented U.S. companies. With professional management and a cost structure positioned in the lower fee quintiles among peers, Principal SmallCap Value II Fund - R6 Class plays a significant role for investors seeking exposure to potential growth and value opportunities in the small-cap segment of the market.
Performance
PSMVX had a total return of 16.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.77%.
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 | $0.1643 | Dec 20, 2024 |
| Dec 19, 2024 | $1.1154 | Dec 19, 2024 |
| Dec 21, 2023 | $0.1355 | Dec 21, 2023 |
| Dec 20, 2023 | $0.2452 | Dec 20, 2023 |
| Dec 21, 2022 | $0.0967 | Dec 21, 2022 |
| Dec 20, 2022 | $1.1431 | Dec 20, 2022 |