Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

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 International Equity Index Fund

PINEX | Fund

$11.47

$1.16 B

1.30%

$0.15

1.06%

Vitals

YTD Return

2.7%

1 yr return

20.1%

3 Yr Avg Return

3.8%

5 Yr Avg Return

8.7%

Net Assets

$1.16 B

Holdings in Top 10

12.6%

52 WEEK LOW AND HIGH

$11.3
$7.12
$11.71

Expenses

OPERATING FEES

Expense Ratio 1.06%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 31.10%

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 International Equity Index Fund

PINEX | Fund

$11.47

$1.16 B

1.30%

$0.15

1.06%

PINEX - Profile

Distributions

  • YTD Total Return 2.7%
  • 3 Yr Annualized Total Return 3.8%
  • 5 Yr Annualized Total Return 8.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.50%
DIVIDENDS
  • Dividend Yield 1.3%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Principal International Equity Index Fund
  • Fund Family Name
    Principal Funds
  • Inception Date
    Dec 30, 2009
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • 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 NTR (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 (small, medium, and large) and is rebalanced semi-annually. 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.
Read More

PINEX - Performance

Return Ranking - Trailing

Period PINEX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.7% -15.9% 14.7% 83.92%
1 Yr 20.1% -24.5% 93.9% 76.20%
3 Yr 3.8%* -14.7% 13.6% 72.60%
5 Yr 8.7%* -4.3% 15.1% 77.05%
10 Yr 3.9%* -0.6% 9.4% 89.74%

* Annualized

Return Ranking - Calendar

Period PINEX Return Category Return Low Category Return High Rank in Category (%)
2023 5.4% -39.9% 992.1% 72.20%
2022 17.8% -22.2% 38.8% 66.15%
2021 -16.7% -50.2% 25.1% 32.17%
2020 20.5% -3.3% 38.4% 76.56%
2019 -1.9% -13.9% 14.4% 65.36%

Total Return Ranking - Trailing

Period PINEX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.7% -15.9% 14.7% 83.92%
1 Yr 20.1% -24.5% 93.9% 70.57%
3 Yr 3.8%* -14.7% 13.6% 67.61%
5 Yr 8.7%* -4.3% 15.1% 73.61%
10 Yr 3.9%* -0.6% 9.4% 87.24%

* Annualized

Total Return Ranking - Calendar

Period PINEX Return Category Return Low Category Return High Rank in Category (%)
2023 5.4% -39.9% 992.1% 72.20%
2022 17.8% -22.2% 38.8% 66.29%
2021 -16.7% -50.2% 25.1% 43.55%
2020 20.5% -3.3% 38.4% 86.07%
2019 -1.9% -10.2% 14.4% 76.55%

NAV & Total Return History

PINEX - Holdings

Concentration Analysis

PINEX Category Low Category High PINEX % Rank
Net Assets 1.16 B 188 K 382 B 36.63%
Number of Holdings 882 1 9696 14.30%
Net Assets in Top 10 145 M 0 39.2 B 47.80%
Weighting of Top 10 12.62% 1.8% 100.0% 80.92%

Top 10 Holdings

  1. Nestle SA 2.55%
  2. Nestle SA 2.55%
  3. Nestle SA 2.55%
  4. Nestle SA 2.55%
  5. Nestle SA 2.55%
  6. Nestle SA 2.55%
  7. Nestle SA 2.55%
  8. Nestle SA 2.55%
  9. Nestle SA 2.55%
  10. Nestle SA 2.55%

Asset Allocation

Weighting Return Low Return High PINEX % Rank
Stocks 		99.68% 0.00% 117.24% 14.81%
Cash 		0.23% -18.86% 100.00% 84.19%
Other 		0.09% -2.56% 100.46% 30.99%
Preferred Stocks 		0.00% -0.01% 4.92% 86.07%
Convertible Bonds 		0.00% 0.00% 3.62% 85.82%
Bonds 		0.00% -22.70% 84.01% 85.82%

Stock Sector Breakdown

Weighting Return Low Return High PINEX % Rank
Financial Services 		16.29% 0.00% 35.33% 55.98%
Industrials 		15.06% 3.84% 40.91% 46.18%
Healthcare 		13.29% 0.00% 38.67% 25.06%
Consumer Cyclical 		10.76% 0.62% 35.30% 58.14%
Consumer Defense 		10.59% 0.18% 26.36% 40.97%
Technology 		9.67% 0.00% 37.54% 67.81%
Basic Materials 		7.93% 0.00% 22.33% 49.36%
Communication Services 		5.99% 0.00% 31.36% 69.59%
Utilities 		3.88% 0.00% 13.84% 26.34%
Energy 		3.47% 0.00% 15.90% 40.97%
Real Estate 		3.07% 0.00% 10.00% 30.53%

Stock Geographic Breakdown

Weighting Return Low Return High PINEX % Rank
Non US 		98.83% -0.88% 118.86% 14.05%
US 		0.85% -16.13% 101.48% 71.89%

PINEX - Expenses

Operational Fees

PINEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.06% 0.02% 20.70% 47.51%
Management Fee 0.25% 0.00% 1.90% 16.54%
12b-1 Fee 0.30% 0.00% 1.00% 65.04%
Administrative Fee N/A 0.01% 1.00% 84.29%

Sales Fees

PINEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

PINEX 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.

PINEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 31.10% 0.00% 475.00% 37.92%

PINEX - Distributions

Dividend Yield Analysis

PINEX Category Low Category High PINEX % Rank
Dividend Yield 1.30% 0.00% 3.44% 86.92%

Dividend Distribution Analysis

PINEX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

PINEX Category Low Category High PINEX % Rank
Net Income Ratio 1.50% -1.13% 3.44% 46.69%

Capital Gain Distribution Analysis

PINEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

PINEX - Fund Manager Analysis

Managers

Jeffrey Schwarte

Start Date

Tenure

Tenure Rank

Jul 29, 2016

4.59

4.6%

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

2.38

2.4%

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
0.01 29.1 5.51 0.34

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.