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Trending ETFs

Name

As of 03/27/2024

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

$40.23

$8.3 B

2.02%

$0.80

0.54%

Vitals

YTD Return

7.6%

1 yr return

23.1%

3 Yr Avg Return

6.5%

5 Yr Avg Return

10.2%

Net Assets

$8.3 B

Holdings in Top 10

26.0%

52 WEEK LOW AND HIGH

$39.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.54%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 22.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

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

$40.23

$8.3 B

2.02%

$0.80

0.54%

PEIIX - Profile

Distributions

  • YTD Total Return 7.6%
  • 3 Yr Annualized Total Return 6.5%
  • 5 Yr Annualized Total Return 10.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.68%
DIVIDENDS
  • Dividend Yield 2.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Equity Income Fund formerly Equity Income Fund I
  • Fund Family Name
    Principal Funds
  • Inception Date
    Jan 17, 2007
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Daniel Coleman

Fund Description

Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities at the time of purchase. The Fund usually invests in equity securities of companies with large and medium market capitalizations. 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 securities of foreign issuers.
Read More

PEIIX - Performance

Return Ranking - Trailing

Period PEIIX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.6% -4.5% 22.2% 69.04%
1 Yr 23.1% -5.0% 42.6% 58.98%
3 Yr 6.5%* -2.6% 31.5% 84.12%
5 Yr 10.2%* -0.1% 44.3% 63.11%
10 Yr 9.7%* 1.3% 24.9% 26.67%

* Annualized

Return Ranking - Calendar

Period PEIIX Return Category Return Low Category Return High Rank in Category (%)
2023 7.8% -24.9% 46.1% 37.24%
2022 -15.3% -65.1% 4.6% 74.73%
2021 15.9% -44.2% 57.5% 51.14%
2020 4.2% -23.2% 285.0% 17.66%
2019 23.0% -21.4% 48.5% 21.36%

Total Return Ranking - Trailing

Period PEIIX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.6% -4.5% 22.2% 69.04%
1 Yr 23.1% -5.0% 42.6% 58.98%
3 Yr 6.5%* -2.6% 31.5% 84.12%
5 Yr 10.2%* -0.1% 44.3% 63.11%
10 Yr 9.7%* 1.3% 24.9% 26.67%

* Annualized

Total Return Ranking - Calendar

Period PEIIX Return Category Return Low Category Return High Rank in Category (%)
2023 11.1% -15.9% 46.7% 50.26%
2022 -10.5% -42.0% 8.5% 86.31%
2021 22.3% 3.6% 129.7% 84.56%
2020 6.5% -22.6% 304.8% 23.42%
2019 29.0% -12.7% 52.1% 15.33%

NAV & Total Return History


PEIIX - Holdings

Concentration Analysis

PEIIX Category Low Category High PEIIX % Rank
Net Assets 8.3 B 93 163 B 14.54%
Number of Holdings 62 2 1689 68.87%
Net Assets in Top 10 2.04 B 420 K 33.9 B 14.75%
Weighting of Top 10 26.00% 5.6% 99.9% 56.70%

Top 10 Holdings

  1. Marathon Petroleum Corp 3.23%
  2. JPMorgan Chase Co 3.19%
  3. Morgan Stanley 2.54%
  4. KKR Co Inc 2.54%
  5. Costco Wholesale Corp 2.48%
  6. Parker-Hannifin Corp 2.48%
  7. Becton Dickinson Co 2.45%
  8. BlackRock Inc 2.38%
  9. Merck Co Inc 2.36%
  10. Deere Co 2.36%

Asset Allocation

Weighting Return Low Return High PEIIX % Rank
Stocks
97.90% 1.86% 108.42% 63.04%
Cash
2.10% -0.79% 38.18% 32.68%
Preferred Stocks
0.00% 0.00% 13.88% 86.28%
Other
0.00% -3.53% 39.72% 84.22%
Convertible Bonds
0.00% 0.00% 3.66% 85.55%
Bonds
0.00% -0.71% 73.23% 86.54%

Stock Sector Breakdown

Weighting Return Low Return High PEIIX % Rank
Financial Services
19.23% 0.00% 58.05% 51.55%
Healthcare
18.51% 0.00% 30.08% 38.26%
Industrials
11.27% 0.00% 42.76% 54.75%
Consumer Defense
8.92% 0.00% 34.10% 42.14%
Technology
8.79% 0.00% 54.02% 71.59%
Energy
7.18% 0.00% 54.00% 62.61%
Communication Services
7.10% 0.00% 26.58% 27.98%
Utilities
5.64% 0.00% 27.04% 34.28%
Real Estate
4.81% 0.00% 90.54% 21.76%
Consumer Cyclical
4.30% 0.00% 22.74% 76.60%
Basic Materials
4.27% 0.00% 21.69% 27.98%

Stock Geographic Breakdown

Weighting Return Low Return High PEIIX % Rank
US
97.90% 1.86% 108.42% 48.89%
Non US
0.00% 0.00% 27.89% 82.25%

PEIIX - Expenses

Operational Fees

PEIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.54% 0.01% 17.54% 86.16%
Management Fee 0.50% 0.00% 1.50% 34.82%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

PEIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

PEIIX 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.

PEIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 22.00% 0.00% 488.00% 24.72%

PEIIX - Distributions

Dividend Yield Analysis

PEIIX Category Low Category High PEIIX % Rank
Dividend Yield 2.02% 0.00% 36.55% 56.89%

Dividend Distribution Analysis

PEIIX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Semi-Annually

Net Income Ratio Analysis

PEIIX Category Low Category High PEIIX % Rank
Net Income Ratio 1.68% -1.51% 4.28% 31.61%

Capital Gain Distribution Analysis

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

Distributions History

View More +

PEIIX - Fund Manager Analysis

Managers

Daniel Coleman


Start Date

Tenure

Tenure Rank

May 19, 2010

12.04

12.0%

Dan is the Chief Investment Officer at Edge Asset Management, an investment boutique within Principal Global Investors, and serves as a Portfolio Manager. He is responsible for security selection and overseeing the firm’s equity strategies. Dan joined Edge as a Portfolio Manager in 2001 and was promoted to the Head of Equities in 2005. He has been in the investment industry since 1979. Previously, he was Vice President and Senior Business Manager for Info Space, Inc./Go2Net, Inc. His background also includes positions with Brookhaven Capital Management, LLC/Clyde Hill Research and Ragen MacKenzie. Dan received an MBA from New York University and a bachelor's degree in finance from the University of

Nedret Vidinli


Start Date

Tenure

Tenure Rank

Mar 01, 2017

5.25

5.3%

Ned Vidinli is an Associate Portfolio Manager and Senior Investment Analyst at Edge Asset Management, an affiliate of Principal Global Investors. He joined EDGE in 2010 and has been in the investment industry since 1996. Mr. Vidinli has worked in a variety of capacities in and around the Financial sector. Previously, he was a Senior Analyst for FSI Group, Inc. providing fundamental research coverage for Financials, an Associate Director for Fitch Ratings, and an Associate National Bank Examiner for the U.S. Department of Treasury – Comptroller of the Currency. He received an M.B.A. from Benedictine University and a bachelor's degree in business administration and finance from Drake University. Mr. Vidinli has earned the right to use the Chartered Financial Analyst designation.

Sarah Radecki


Start Date

Tenure

Tenure Rank

Jan 05, 2021

1.4

1.4%

Sarah E. Radecki joined Principal in 1999. Ms. Radecki earned bachelor’s degrees in political science and economics from Saint Mary’s College of California and a master’s degree in economics from the University of California at Santa Barbara. She has earned the right to use the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 86.59 8.01 16.42