About PSSMX
Principal SmallCap S&P 600 Index Fund R-3 Class is an index mutual fund focused on providing investors with long-term capital growth by tracking the performance of the S&P SmallCap 600 Index. This fund primarily invests at least 80% of its net assets in equity securities of companies that are constituents of the S&P SmallCap 600, an index designed to represent U.S. small-cap equities with characteristics reflecting the broader small-cap market. The portfolio construction employs representative sampling, creating a diversified exposure that closely mirrors the index, while also utilizing derivatives and, occasionally, exchange-traded funds to help manage cash flows and maintain tracking accuracy.
The fund’s holdings span a wide variety of sectors, including technology, healthcare, consumer cyclical, industrials, and financial services, offering broad diversification within the small-cap universe. With a moderate expense ratio and annual dividend distributions, the fund caters to investors seeking indexed exposure to smaller U.S. companies. Since its inception in 2000, the fund has established itself as a core building block for retirement and institutional portfolios, serving as a key vehicle for accessing the growth potential and diversification benefits of U.S. small-cap stocks.
Fund Family Principal Funds
Category Small Blend
Ticker Symbol PSSMX
Share Class R-3
Index S&P 600 Small Cap TR
PSSMX had a total return of 3.90% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.72%.
