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Trending ETFs

Name

As of 06/21/2024

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

$11.59

$1.17 B

2.57%

$0.30

0.59%

Vitals

YTD Return

5.0%

1 yr return

12.7%

3 Yr Avg Return

2.3%

5 Yr Avg Return

6.0%

Net Assets

$1.17 B

Holdings in Top 10

15.5%

52 WEEK LOW AND HIGH

$11.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.59%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 21.70%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/21/2024

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

$11.59

$1.17 B

2.57%

$0.30

0.59%

PIIQX - Profile

Distributions

  • YTD Total Return 5.0%
  • 3 Yr Annualized Total Return 2.3%
  • 5 Yr Annualized Total Return 6.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.08%
DIVIDENDS
  • Dividend Yield 2.6%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    International Equity Index Fund
  • Fund Family Name
    Principal Funds
  • Inception Date
    Dec 30, 2009
  • Shares Outstanding
    N/A
  • Share Class
    R5
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jeffrey Schwarte

Fund Description

Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities that compose the MSCI EAFE Index (the “Index”) at the time of purchase. The Index is a market-weighted equity index designed to measure the equity performance of developed markets (Europe, Australia, New Zealand, and Far East, which includes Hong Kong, Japan, and Singapore), excluding the United States and Canada. The Index includes securities of different market capitalizations (medium and large) and is rebalanced quarterly. The Fund employs a passive investment approach designed to attempt to track the performance of the Index. In seeking its objective, the Fund typically employs a replication strategy, which involves investing in the securities that make up the Index, in the same approximate proportions as the Index. The Fund utilizes exchange-traded funds (“ETFs”) and derivative strategies (including index futures) on a daily basis to gain exposure to the Index in an effort to minimize tracking error relative to the benchmark. A derivative is a financial arrangement, the value of which is derived from, or based on, a traditional security, asset, or market index. The Fund will not concentrate (invest more than 25% of its assets) its investments in a particular industry except to the extent the Index is so concentrated. As of November 30, 2023, the Index was not concentrated in any industry.
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PIIQX - Performance

Return Ranking - Trailing

Period PIIQX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.0% -3.8% 31.3% 46.17%
1 Yr 12.7% -4.0% 21.6% 37.92%
3 Yr 2.3%* -16.8% 46.2% 26.05%
5 Yr 6.0%* -34.2% 76.0% 51.17%
10 Yr 3.8%* -0.5% 16.0% 55.30%

* Annualized

Return Ranking - Calendar

Period PIIQX Return Category Return Low Category Return High Rank in Category (%)
2023 13.5% -7.3% 22.0% 48.27%
2022 -16.8% -43.6% 71.3% 32.62%
2021 5.6% -28.5% 18.9% 41.31%
2020 5.3% -90.1% 992.1% 78.94%
2019 17.4% -1.9% 38.8% 73.81%

Total Return Ranking - Trailing

Period PIIQX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.0% -3.8% 31.3% 46.17%
1 Yr 12.7% -4.0% 21.6% 37.92%
3 Yr 2.3%* -16.8% 46.2% 26.05%
5 Yr 6.0%* -34.2% 76.0% 51.17%
10 Yr 3.8%* -0.5% 16.0% 55.30%

* Annualized

Total Return Ranking - Calendar

Period PIIQX Return Category Return Low Category Return High Rank in Category (%)
2023 17.5% 3.2% 41.4% 33.08%
2022 -14.6% -43.6% 144.8% 33.38%
2021 10.8% -22.6% 56.0% 43.19%
2020 7.5% -89.7% 1010.8% 75.88%
2019 21.1% 4.3% 38.8% 69.56%

NAV & Total Return History


PIIQX - Holdings

Concentration Analysis

PIIQX Category Low Category High PIIQX % Rank
Net Assets 1.17 B 3.3 M 425 B 40.66%
Number of Holdings 786 1 10659 16.14%
Net Assets in Top 10 182 M 139 K 41 B 47.83%
Weighting of Top 10 15.51% 2.7% 112.8% 79.70%

Top 10 Holdings

  1. Novo Nordisk A/S 2.31%
  2. ASML Holding NV 2.27%
  3. Nestle SA 1.64%
  4. iShares MSCI EAFE ETF 1.53%
  5. Toyota Motor Corp 1.51%
  6. LVMH Moet Hennessy Louis Vuitton SE 1.49%
  7. Novartis AG 1.23%
  8. Shell PLC 1.21%
  9. SAP SE 1.16%
  10. AstraZeneca PLC 1.16%

Asset Allocation

Weighting Return Low Return High PIIQX % Rank
Stocks
99.06% 0.00% 103.70% 17.94%
Cash
0.48% 0.00% 28.70% 84.16%
Preferred Stocks
0.45% -0.01% 7.80% 38.86%
Other
0.01% -0.18% 42.73% 38.71%
Convertible Bonds
0.00% 0.00% 4.18% 73.34%
Bonds
0.00% -0.92% 73.67% 75.34%

Stock Sector Breakdown

Weighting Return Low Return High PIIQX % Rank
Financial Services
17.52% 0.00% 47.75% 56.92%
Industrials
14.75% 5.17% 99.49% 52.46%
Healthcare
13.83% 0.00% 21.01% 24.00%
Consumer Defense
10.73% 0.00% 32.29% 27.69%
Consumer Cyclical
10.16% 0.00% 36.36% 52.92%
Technology
8.40% 0.00% 36.32% 82.77%
Basic Materials
8.23% 0.00% 23.86% 48.31%
Communication Services
5.59% 0.00% 21.69% 58.00%
Energy
4.44% 0.00% 16.89% 61.08%
Utilities
3.35% 0.00% 13.68% 31.08%
Real Estate
2.99% 0.00% 14.59% 20.00%

Stock Geographic Breakdown

Weighting Return Low Return High PIIQX % Rank
Non US
96.80% 0.00% 101.08% 17.34%
US
2.26% 0.00% 100.07% 69.36%

PIIQX - Expenses

Operational Fees

PIIQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.59% 0.01% 19.62% 81.29%
Management Fee 0.25% 0.00% 1.65% 16.09%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.00% 2.68%

Sales Fees

PIIQX 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% 5.00% N/A

Trading Fees

PIIQX 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.

PIIQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.70% 2.00% 247.00% 27.66%

PIIQX - Distributions

Dividend Yield Analysis

PIIQX Category Low Category High PIIQX % Rank
Dividend Yield 2.57% 0.00% 25.02% 35.58%

Dividend Distribution Analysis

PIIQX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

PIIQX Category Low Category High PIIQX % Rank
Net Income Ratio 2.08% -0.93% 6.38% 34.00%

Capital Gain Distribution Analysis

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

Distributions History

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PIIQX - Fund Manager Analysis

Managers

Jeffrey Schwarte


Start Date

Tenure

Tenure Rank

Jul 29, 2016

5.84

5.8%

Jeff is a portfolio manager at Principal Global Equities. Jeff is an active member in the group’s research and development activities. He joined the equities group in 2000 as an analyst and named a portfolio manager in 2001. He has been with Principal since 1993. He received a bachelor's degree in accounting from the University of Northern Iowa. Jeff has earned the right to use the CFA designation. He is a Certified Internal Auditor and a Fellow of the Life Management Institute (FLMI). Jeff is a member of the CFA Society of Iowa and the CFA Institute.

Aaron Siebel


Start Date

Tenure

Tenure Rank

Oct 15, 2018

3.63

3.6%

Aaron J. Siebel has been with Principal® since 2005. He earned a BA in Finance from the University of Iowa in 2005.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.35 6.31 3.25