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Name

As of 03/01/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Principal MidCap Value Fund I

PABUX | Fund

$16.13

$2.51 B

0.67%

$0.11

-

Vitals

YTD Return

11.1%

1 yr return

30.9%

3 Yr Avg Return

9.2%

5 Yr Avg Return

12.4%

Net Assets

$2.51 B

Holdings in Top 10

15.2%

52 WEEK LOW AND HIGH

$15.8
$8.21
$16.24

Expenses

OPERATING FEES

Expense Ratio N/A

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 65.90%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 03/01/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Principal MidCap Value Fund I

PABUX | Fund

$16.13

$2.51 B

0.67%

$0.11

-

PABUX - Profile

Distributions

  • YTD Total Return 11.1%
  • 3 Yr Annualized Total Return 9.2%
  • 5 Yr Annualized Total Return 12.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.85%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Principal MidCap Value Fund I
  • Fund Family Name
    Principal Funds
  • Inception Date
    Jun 01, 2004
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Randy Welch

Fund Description

Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies with medium market capitalizations at the time of purchase. For this Fund, companies with medium market capitalizations are those with market capitalizations within the range of companies comprising the Russell Midcap® Value Index (as of December 31, 2021, this range was between approximately $163.8 million and $71.7billion). The Fund invests in value equity securities, an investment strategy that emphasizes buying equity securities that appear to be undervalued. The Fund also invests in real estate investment trusts.The Fund is primarily actively managed by the sub-advisors. In addition, Principal Global Investors, LLC may invest up to 30% of the Fund’s assets using an index sampling strategy designed to match the performance of the Russell Midcap®Value Index.
Read More

PABUX - Performance

Return Ranking - Trailing

Period PABUX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.1% -16.8% 41.3% 79.14%
1 Yr 30.9% -15.3% 71.3% 33.01%
3 Yr 9.2%* -5.5% 16.9% 24.21%
5 Yr 12.4%* 1.8% 18.3% 31.78%
10 Yr 9.2%* 6.5% 12.1% 51.42%

* Annualized

Return Ranking - Calendar

Period PABUX Return Category Return Low Category Return High Rank in Category (%)
2023 5.1% -49.5% 626.7% 16.79%
2022 20.3% -14.6% 40.9% 61.21%
2021 -21.5% -56.9% 14.0% 54.64%
2020 7.0% -62.6% 24.1% 55.62%
2019 13.4% -14.6% 28.1% 61.75%

Total Return Ranking - Trailing

Period PABUX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.1% -16.8% 40.6% 79.14%
1 Yr 30.9% -15.3% 71.3% 30.14%
3 Yr 9.2%* -6.5% 16.9% 21.27%
5 Yr 12.4%* 1.8% 18.3% 27.91%
10 Yr 9.2%* 6.5% 12.1% 48.58%

* Annualized

Total Return Ranking - Calendar

Period PABUX Return Category Return Low Category Return High Rank in Category (%)
2023 5.1% -49.5% 626.7% 16.79%
2022 20.3% -14.6% 40.9% 61.21%
2021 -11.7% -32.7% 15.2% 17.01%
2020 13.9% -3.5% 26.9% 32.56%
2019 14.4% -6.1% 29.0% 76.20%

NAV & Total Return History

PABUX - Holdings

Concentration Analysis

PABUX Category Low Category High PABUX % Rank
Net Assets 2.51 B 3.02 M 29.8 B 22.49%
Number of Holdings 712 8 2381 2.63%
Net Assets in Top 10 353 M 541 K 7.56 B 31.58%
Weighting of Top 10 15.23% 5.0% 100.0% 79.43%

Top 10 Holdings

  1. Principal Government Money Market Instl 2.74%
  2. BorgWarner Inc 1.72%
  3. Archer-Daniels Midland Co 1.66%
  4. Flex Ltd 1.43%
  5. The Interpublic Group of Companies Inc 1.37%
  6. Alleghany Corp 1.36%
  7. Darden Restaurants Inc 1.33%
  8. Zions Bancorp NA 1.32%
  9. Landstar System Inc 1.30%
  10. Avery Dennison Corp 1.29%

Asset Allocation

Weighting Return Low Return High PABUX % Rank
Stocks 		97.88% 85.03% 100.85% 61.24%
Cash 		2.12% -0.85% 13.62% 37.08%
Preferred Stocks 		0.00% 0.00% 6.07% 54.55%
Other 		0.00% -0.25% 4.86% 52.63%
Convertible Bonds 		0.00% 0.00% 0.00% 52.63%
Bonds 		0.00% 0.00% 1.10% 55.02%

Stock Sector Breakdown

Weighting Return Low Return High PABUX % Rank
Industrials 		21.14% 0.00% 29.02% 17.46%
Financial Services 		15.84% 0.00% 55.48% 78.95%
Consumer Cyclical 		13.30% 0.00% 34.64% 48.56%
Technology 		11.98% 0.00% 23.28% 20.33%
Consumer Defense 		7.69% 0.00% 21.78% 23.92%
Real Estate 		6.94% 0.00% 36.21% 59.09%
Basic Materials 		6.61% 0.00% 19.30% 32.54%
Healthcare 		6.54% 0.00% 31.63% 73.21%
Energy 		3.81% 0.00% 25.90% 50.72%
Utilities 		3.24% 0.00% 20.61% 78.47%
Communication Services 		2.90% 0.00% 21.89% 43.78%

Stock Geographic Breakdown

Weighting Return Low Return High PABUX % Rank
US 		94.87% 12.09% 100.25% 53.35%
Non US 		3.01% 0.00% 80.31% 49.52%

PABUX - Expenses

Operational Fees

PABUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.01% 43.95% 22.66%
Management Fee 0.65% 0.00% 1.25% 36.12%
12b-1 Fee 0.30% 0.00% 1.00% 65.85%
Administrative Fee 0.20% 0.01% 0.47% 80.36%

Sales Fees

PABUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

PABUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PABUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 65.90% 3.00% 488.00% 67.15%

PABUX - Distributions

Dividend Yield Analysis

PABUX Category Low Category High PABUX % Rank
Dividend Yield 0.67% 0.00% 3.15% 55.74%

Dividend Distribution Analysis

PABUX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

PABUX Category Low Category High PABUX % Rank
Net Income Ratio 0.85% -1.16% 4.83% 70.60%

Capital Gain Distribution Analysis

PABUX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

PABUX - Fund Manager Analysis

Managers

Randy Welch

Start Date

Tenure

Tenure Rank

Jun 02, 2009

11.75

11.8%

Mr. Welch is a Vice President of Principal Management Corporation. Mr. Welch joined the Principal Financial Group in 1989 and oversees the functions of the Investment Services group, which includes investment manager research, investment consulting, performance analysis, and investment communication. He is also responsible for the due diligence program that monitors investment managers used by the Principal Funds. Mr. Welch is an affiliate member of the Chartered Financial Analysts (CFA) Institute. Mr. Welch earned a B.A. in Business/ Finance from Grand View College and an M.B.A. from Drake University.

James Fennessey

Start Date

Tenure

Tenure Rank

Jun 02, 2009

11.75

11.8%

Mr. Fennessey, CFA, Vice President of Principal Management Corporation. Mr. Fennessey joined the Principal Financial Group in 2000. He is the Head of the Manager Research Team that is responsible for analyzing, interpreting and coordinating investment performance data and evaluation of the investment managers under the due diligence program that monitors investment managers used by the Principal Funds and is a member of the Principal Funds Investment Committee. Fennessey earned a B.S. in Business Administration, with an emphasis in Finance, and a minor in Economics from Truman State University. He has earned the right to use the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 34.34 7.81 9.67

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