Principal SmallCap S&P 600 Index Fund Institutional Class (PSSIX)
| Fund Assets | 1.27B |
| Expense Ratio | 0.21% |
| Min. Investment | $0.00 |
| Turnover | 22.40% |
| Dividend (ttm) | 2.35 |
| Dividend Yield | 9.25% |
| Dividend Growth | 105.66% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 25.41 |
| YTD Return | -2.92% |
| 1-Year Return | 15.07% |
| 5-Year Return | 94.12% |
| 52-Week Low | 20.28 |
| 52-Week High | 30.73 |
| Beta (5Y) | n/a |
| Holdings | 609 |
| Inception Date | Mar 1, 2001 |
About PSSIX
The Principal SmallCap S&P 600 Index Fund Institutional Class is a mutual fund designed to closely track the performance of the S&P SmallCap 600 Index, which represents the small-cap segment of the U.S. equity market. The fund seeks long-term capital growth by investing at least 80% of its net assets in equity securities that comprise this benchmark index. Through a strategy known as representative sampling, the fund constructs a portfolio that mimics the index’s performance and employs derivative instruments and exchange-traded funds as part of its approach. It features a low expense ratio, positioning it as a cost-effective choice within its category. The fund is classified in the "Small Blend" category, reflecting its diversified exposure to U.S. small-cap equities across a range of sectors, such as consumer cyclical, technology, healthcare, and industrials. As an institutional share class, it is tailored for large-scale investors seeking efficient small-cap equity exposure. With a long track record since its inception in 2001, the fund plays a significant role for investors and institutions aiming to capture the growth potential and risk characteristics of U.S. small-cap stocks while maintaining broad diversification and competitive fees.
Performance
PSSIX had a total return of 15.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.49%.
Top 10 Holdings
8.75% of assets| Name | Symbol | Weight |
|---|---|---|
| E-Mini Russ 2000 Jun25 | n/a | 2.28% |
| Principal Government Money Market R-6 | PGWXX | 1.98% |
| Mr. Cooper Group Inc. | COOP | 0.63% |
| Brinker International, Inc. | EAT | 0.59% |
| Badger Meter, Inc. | BMI | 0.56% |
| BorgWarner Inc. | BWA | 0.55% |
| Corcept Therapeutics Incorporated | CORT | 0.55% |
| Qorvo, Inc. | QRVO | 0.54% |
| SPX Technologies, Inc. | SPXC | 0.54% |
| Armstrong World Industries, Inc. | AWI | 0.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.3325 | Dec 20, 2024 |
| Dec 19, 2024 | $2.0139 | Dec 19, 2024 |
| Dec 21, 2023 | $0.3864 | Dec 21, 2023 |
| Dec 20, 2023 | $0.7545 | Dec 20, 2023 |
| Dec 21, 2022 | $0.3264 | Dec 21, 2022 |
| Dec 20, 2022 | $2.3305 | Dec 20, 2022 |