MidCap Fund (f/k/a MidCap Blend Fund)
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
5.0%
1 yr return
22.9%
3 Yr Avg Return
4.7%
5 Yr Avg Return
11.0%
Net Assets
$23.4 B
Holdings in Top 10
44.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.15%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 12.40%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PMBMX - Profile
Distributions
- YTD Total Return 5.0%
- 3 Yr Annualized Total Return 4.7%
- 5 Yr Annualized Total Return 11.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.71%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMidCap Fund (f/k/a MidCap Blend Fund)
-
Fund Family NamePrincipal Funds
-
Inception DateJun 25, 2003
-
Shares OutstandingN/A
-
Share ClassR3
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerK. William Nolin
Fund Description
PMBMX - Performance
Return Ranking - Trailing
Period | PMBMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.0% | -19.1% | 22.8% | 31.11% |
1 Yr | 22.9% | -9.1% | 53.4% | 12.83% |
3 Yr | 4.7%* | -29.9% | 78.5% | 5.15% |
5 Yr | 11.0%* | -4.8% | 97.7% | 15.31% |
10 Yr | 11.7%* | -0.2% | 36.6% | 12.50% |
* Annualized
Return Ranking - Calendar
Period | PMBMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.0% | -27.7% | 68.0% | 34.01% |
2022 | -26.0% | -85.6% | 350.1% | 21.68% |
2021 | 14.6% | -77.0% | 238.3% | 12.69% |
2020 | 16.3% | -44.1% | 2474.5% | 80.72% |
2019 | 36.0% | -50.2% | 44.0% | 8.61% |
Total Return Ranking - Trailing
Period | PMBMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.0% | -19.1% | 22.8% | 31.11% |
1 Yr | 22.9% | -9.1% | 53.4% | 12.83% |
3 Yr | 4.7%* | -29.9% | 78.5% | 5.15% |
5 Yr | 11.0%* | -4.8% | 97.7% | 15.31% |
10 Yr | 11.7%* | -0.2% | 36.6% | 12.50% |
* Annualized
Total Return Ranking - Calendar
Period | PMBMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 25.3% | -26.1% | 68.0% | 19.52% |
2022 | -23.5% | -67.0% | 440.7% | 22.06% |
2021 | 24.7% | -23.5% | 342.2% | 7.88% |
2020 | 17.7% | 2.6% | 2549.1% | 95.23% |
2019 | 42.2% | 14.6% | 44.8% | 4.71% |
NAV & Total Return History
PMBMX - Holdings
Concentration Analysis
PMBMX | Category Low | Category High | PMBMX % Rank | |
---|---|---|---|---|
Net Assets | 23.4 B | 2.73 M | 100 B | 3.89% |
Number of Holdings | 74 | 25 | 3644 | 50.19% |
Net Assets in Top 10 | 9.69 B | 449 K | 9.69 B | 0.56% |
Weighting of Top 10 | 44.09% | 0.4% | 99.9% | 14.44% |
Top 10 Holdings
- TransDigm Group Inc 5.69%
- Brookfield Corp 5.03%
- Copart Inc 4.96%
- O'Reilly Automotive Inc 4.62%
- KKR Co Inc 4.51%
- Hilton Worldwide Holdings Inc 4.35%
- HEICO Corp - Class A 4.33%
- CoStar Group Inc 4.12%
- Brown Brown Inc 3.25%
- Vulcan Materials Co 3.24%
Asset Allocation
Weighting | Return Low | Return High | PMBMX % Rank | |
---|---|---|---|---|
Stocks | 99.92% | 0.92% | 101.30% | 12.04% |
Cash | 0.21% | 0.00% | 99.08% | 78.15% |
Preferred Stocks | 0.00% | 0.00% | 5.46% | 42.59% |
Other | 0.00% | -0.18% | 16.96% | 53.89% |
Convertible Bonds | 0.00% | 0.00% | 0.40% | 35.37% |
Bonds | 0.00% | -3.27% | 1.87% | 38.70% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PMBMX % Rank | |
---|---|---|---|---|
Consumer Cyclical | 21.36% | 0.00% | 57.41% | 2.59% |
Financial Services | 20.02% | 0.00% | 43.01% | 6.30% |
Technology | 15.17% | 0.04% | 62.17% | 91.30% |
Industrials | 14.58% | 0.00% | 38.23% | 52.78% |
Real Estate | 9.73% | 0.00% | 19.28% | 4.44% |
Communication Services | 6.15% | 0.00% | 18.33% | 11.85% |
Basic Materials | 5.36% | 0.00% | 17.25% | 11.85% |
Utilities | 3.52% | 0.00% | 12.94% | 3.70% |
Healthcare | 2.54% | 0.00% | 37.06% | 95.19% |
Consumer Defense | 1.57% | 0.00% | 16.40% | 63.15% |
Energy | 0.00% | 0.00% | 62.10% | 73.52% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PMBMX % Rank | |
---|---|---|---|---|
US | 99.92% | 0.64% | 101.30% | 9.63% |
Non US | 0.00% | 0.00% | 34.57% | 52.41% |
PMBMX - Expenses
Operational Fees
PMBMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.15% | 0.02% | 17.54% | 42.83% |
Management Fee | 0.58% | 0.00% | 1.50% | 15.77% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 41.33% |
Administrative Fee | 0.07% | 0.00% | 0.40% | 35.03% |
Sales Fees
PMBMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
PMBMX 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.
PMBMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 12.40% | 0.00% | 250.31% | 11.73% |
PMBMX - Distributions
Dividend Yield Analysis
PMBMX | Category Low | Category High | PMBMX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 33.99% | 47.78% |
Dividend Distribution Analysis
PMBMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
PMBMX | Category Low | Category High | PMBMX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.71% | -2.24% | 2.75% | 59.59% |
Capital Gain Distribution Analysis
PMBMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 21, 2012 | $0.139 | OrdinaryDividend |
Dec 21, 2011 | $0.003 | OrdinaryDividend |
Dec 21, 2010 | $0.142 | OrdinaryDividend |
Dec 21, 2009 | $0.040 | OrdinaryDividend |
Dec 23, 2004 | $0.027 | OrdinaryDividend |
Dec 23, 2003 | $0.048 | OrdinaryDividend |
PMBMX - Fund Manager Analysis
Managers
K. William Nolin
Start Date
Tenure
Tenure Rank
Dec 06, 2000
21.5
21.5%
Bill is the chief investment officer for Aligned Investors, an investment boutique within Principal Global Investors. He has served as lead portfolio manager for the Principal MidCap Fund since its 2001 inception and related portfolios since 1999. Bill and his dedicated investment team subsequently introduced the Principal Blue Chip strategy in 2012, utilizing the same philosophy and process while extending the team’s reach to larger companies. Bill joined Principal in 1993 in corporate credit research and transitioned to equities research in 1996. He earned an MBA from the Yale School of Management, and a bachelor’s degree in finance from the University of Iowa. Bill is a CFA charterholder and a member of the CFA Institute.
Thomas Rozycki
Start Date
Tenure
Tenure Rank
Mar 01, 2013
9.25
9.3%
Tom is the head of research for Aligned Investors, an investment boutique within Principal Global Investors. He is responsible for coordinating the research effort at Aligned Investors and also serves as portfolio manager for its MidCap and Blue Chip strategies. Tom joined the firm in 2001. He received a bachelor’s degree in finance from Drake University. Tom is a CFA charterholder and a member of the CFA Institute.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 36.3 | 9.35 | 11.76 |