Principal LargeCap S&P 500 Index Fund Class J (PSPJX)
| Fund Assets | 9.01B |
| Expense Ratio | 0.32% |
| Min. Investment | $1,000 |
| Turnover | 2.30% |
| Dividend (ttm) | 0.74 |
| Dividend Yield | 2.48% |
| Dividend Growth | -20.32% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 29.89 |
| YTD Return | 6.70% |
| 1-Year Return | 13.71% |
| 5-Year Return | 108.17% |
| 52-Week Low | 23.70 |
| 52-Week High | 29.95 |
| Beta (5Y) | n/a |
| Holdings | 509 |
| Inception Date | Mar 1, 2001 |
About PSPJX
Principal Large Cap S&P 500 Index Fund Class J is a passively managed mutual fund that aims to provide long-term capital growth by tracking the performance of the S&P 500 Index, a widely recognized benchmark representing large-cap U.S. equities. The fund invests at least 80% of its net assets in the equity securities of companies that are part of the S&P 500 at the time of purchase, ensuring broad exposure to leading U.S. firms across diverse sectors. Its portfolio typically includes hundreds of holdings, with a significant allocation to major technology and consumer companies such as Microsoft, NVIDIA, Apple, and Amazon.com, as of recent reporting periods. The fund is designed for investors seeking participation in the overall performance of the large-cap U.S. equity market with a low-cost and low-turnover strategy. It features an annual dividend distribution, a competitive expense ratio, and a minimum initial investment requirement, making it accessible for retirement and general investment accounts. Principal Large Cap S&P 500 Index Fund Class J serves a foundational role in portfolio construction for investors looking to match the risk and return profile of the U.S. large-cap stock market through an indexed approach.
Performance
PSPJX had a total return of 13.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.88%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
35.09% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 6.69% |
| NVIDIA Corporation | NVDA | 6.47% |
| Apple Inc. | AAPL | 5.90% |
| Amazon.com, Inc. | AMZN | 3.78% |
| Meta Platforms, Inc. | META | 2.77% |
| Broadcom Inc. | AVGO | 2.22% |
| Alphabet Inc. | GOOGL | 1.96% |
| Tesla, Inc. | TSLA | 1.90% |
| Berkshire Hathaway Inc. | BRK.B | 1.81% |
| Alphabet Inc. | GOOG | 1.60% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.3047 | Dec 20, 2024 |
| Dec 19, 2024 | $0.4332 | Dec 19, 2024 |
| Dec 21, 2023 | $0.2874 | Dec 21, 2023 |
| Dec 20, 2023 | $0.6387 | Dec 20, 2023 |
| Dec 21, 2022 | $0.2614 | Dec 21, 2022 |
| Dec 20, 2022 | $0.2722 | Dec 20, 2022 |