EDGE MidCap Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.3%
1 yr return
22.3%
3 Yr Avg Return
5.5%
5 Yr Avg Return
9.9%
Net Assets
$75.6 M
Holdings in Top 10
32.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.83%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 14.40%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PEDGX - Profile
Distributions
- YTD Total Return 3.3%
- 3 Yr Annualized Total Return 5.5%
- 5 Yr Annualized Total Return 9.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.46%
- Dividend Yield 1.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameEDGE MidCap Fund
-
Fund Family NamePrincipal Funds
-
Inception DateSep 28, 2015
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTheodore Jayne
Fund Description
PEDGX - Performance
Return Ranking - Trailing
Period | PEDGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.3% | -8.3% | 24.0% | 98.08% |
1 Yr | 22.3% | -2.6% | 55.1% | 75.62% |
3 Yr | 5.5%* | -20.2% | 17.4% | 63.17% |
5 Yr | 9.9%* | -0.1% | 21.0% | 70.50% |
10 Yr | N/A* | 2.2% | 13.4% | N/A |
* Annualized
Return Ranking - Calendar
Period | PEDGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.1% | -12.9% | 28.8% | 22.87% |
2022 | -27.0% | -52.6% | 20.1% | 87.22% |
2021 | -9.4% | -43.8% | 32.4% | 97.45% |
2020 | 5.1% | -10.6% | 82.1% | 77.58% |
2019 | 28.7% | -8.5% | 37.5% | 10.63% |
Total Return Ranking - Trailing
Period | PEDGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.3% | -8.3% | 24.0% | 98.08% |
1 Yr | 22.3% | -2.6% | 55.1% | 75.62% |
3 Yr | 5.5%* | -20.2% | 17.4% | 63.17% |
5 Yr | 9.9%* | -0.1% | 21.0% | 70.50% |
10 Yr | N/A* | 2.2% | 13.4% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PEDGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.1% | 1.2% | 31.3% | 23.97% |
2022 | -15.9% | -45.7% | 21.1% | 63.33% |
2021 | 21.4% | -30.2% | 52.8% | 73.94% |
2020 | 10.4% | -8.4% | 84.3% | 62.54% |
2019 | 33.9% | 1.0% | 43.4% | 7.50% |
NAV & Total Return History
PEDGX - Holdings
Concentration Analysis
PEDGX | Category Low | Category High | PEDGX % Rank | |
---|---|---|---|---|
Net Assets | 75.6 M | 728 K | 139 B | 81.62% |
Number of Holdings | 46 | 1 | 2609 | 77.03% |
Net Assets in Top 10 | 23.9 M | 155 K | 11.7 B | 76.22% |
Weighting of Top 10 | 32.71% | 0.5% | 126.5% | 25.75% |
Top 10 Holdings
- Lincoln Electric Holdings Inc 3.54%
- Avery Dennison Corp 3.41%
- Nordson Corp 3.36%
- Lennox International Inc 3.32%
- Morningstar Inc 3.27%
- Snap-on Inc 3.26%
- Expeditors International of Washington Inc 3.19%
- Fair Isaac Corp 3.16%
- YETI Holdings Inc 3.14%
- STERIS PLC 3.06%
Asset Allocation
Weighting | Return Low | Return High | PEDGX % Rank | |
---|---|---|---|---|
Stocks | 98.20% | 0.00% | 104.46% | 60.27% |
Cash | 1.80% | 0.00% | 99.15% | 47.03% |
Preferred Stocks | 0.00% | 0.00% | 14.30% | 27.03% |
Other | 0.00% | -1.04% | 25.16% | 43.51% |
Convertible Bonds | 0.00% | 0.00% | 1.78% | 26.22% |
Bonds | 0.00% | 0.00% | 98.67% | 30.54% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PEDGX % Rank | |
---|---|---|---|---|
Industrials | 22.62% | 0.00% | 45.89% | 8.13% |
Technology | 18.04% | 0.00% | 40.65% | 26.83% |
Healthcare | 10.74% | 0.00% | 24.06% | 38.75% |
Consumer Cyclical | 10.49% | 2.49% | 46.48% | 68.29% |
Financial Services | 10.47% | 0.00% | 46.10% | 85.64% |
Real Estate | 8.06% | 0.00% | 25.82% | 50.14% |
Energy | 6.81% | 0.00% | 58.13% | 27.37% |
Utilities | 4.93% | 0.00% | 18.97% | 34.15% |
Communication Services | 4.10% | 0.00% | 30.98% | 15.72% |
Basic Materials | 3.76% | 0.00% | 16.35% | 81.57% |
Consumer Defense | 0.00% | 0.00% | 32.18% | 97.29% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PEDGX % Rank | |
---|---|---|---|---|
US | 97.08% | 0.00% | 104.46% | 67.03% |
Non US | 1.11% | 0.00% | 19.95% | 14.86% |
PEDGX - Expenses
Operational Fees
PEDGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.83% | 0.03% | 35.91% | 66.76% |
Management Fee | 0.65% | 0.00% | 1.50% | 44.57% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
PEDGX 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
PEDGX 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.
PEDGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 14.40% | 0.00% | 304.00% | 9.37% |
PEDGX - Distributions
Dividend Yield Analysis
PEDGX | Category Low | Category High | PEDGX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.24% | 0.00% | 29.52% | 29.73% |
Dividend Distribution Analysis
PEDGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Annual | Annual |
Net Income Ratio Analysis
PEDGX | Category Low | Category High | PEDGX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.46% | -2.06% | 3.38% | 42.66% |
Capital Gain Distribution Analysis
PEDGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 21, 2023 | $0.156 | OrdinaryDividend |
Dec 20, 2023 | $0.065 | OrdinaryDividend |
Dec 21, 2022 | $0.345 | OrdinaryDividend |
Dec 21, 2021 | $0.076 | OrdinaryDividend |
Dec 21, 2020 | $0.094 | OrdinaryDividend |
Dec 20, 2019 | $0.121 | OrdinaryDividend |
Dec 20, 2018 | $0.154 | OrdinaryDividend |
Dec 22, 2016 | $0.103 | OrdinaryDividend |
Dec 21, 2015 | $0.031 | OrdinaryDividend |
PEDGX - Fund Manager Analysis
Managers
Theodore Jayne
Start Date
Tenure
Tenure Rank
Sep 28, 2015
6.68
6.7%
Theodore Jayne has been with Principal® since 2015. Prior to that, he was a Managing Director and Portfolio Manager at Wellington Management Company, LLP from 1998 to 2014. He earned a bachelor’s degree in Anthropology from Harvard University. Mr. Jayne has earned the right to use the Chartered Financial Analyst designation.
Daniel Coleman
Start Date
Tenure
Tenure Rank
Sep 28, 2015
6.68
6.7%
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
Lauren Choi
Start Date
Tenure
Tenure Rank
Mar 31, 2021
1.17
1.2%
Lauren Choi has been with Principal® since 2013 and has held various investment management roles on the equity team. She earned a bachelor’s degree in biomedical engineering from Johns Hopkins University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.25 | 38.44 | 7.25 | 5.78 |