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Name

As of 06/01/2026

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

LargeCap Growth Fund I

PLGAX | Fund

$15.12

$6.19 B

34.79%

$5.26

0.95%

Vitals

YTD Return

6.3%

1 yr return

16.0%

3 Yr Avg Return

19.2%

5 Yr Avg Return

9.0%

Net Assets

$6.19 B

Holdings in Top 10

53.9%

52 WEEK LOW AND HIGH

$15.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.95%

SALES FEES

Front Load 5.50%

Deferred Load N/A

TRADING FEES

Turnover 23.10%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 06/01/2026

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

LargeCap Growth Fund I

PLGAX | Fund

$15.12

$6.19 B

34.79%

$5.26

0.95%

PLGAX - Profile

Distributions

  • YTD Total Return 6.3%
  • 3 Yr Annualized Total Return 19.2%
  • 5 Yr Annualized Total Return 9.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.51%
DIVIDENDS
  • Dividend Yield 34.8%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    LargeCap Growth Fund I
  • Fund Family Name
    Principal Funds
  • Inception Date
    Mar 01, 2013
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Randy Welch

Fund Description

Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in growth equity securities of companies with large market capitalizations. For this Fund, large market capitalization growth equity securities are securities (i) with market capitalizations within the range of companies comprising the Russell 1000® Index (as of January 30, 2026, this was between approximately $1.2 billion and $4.7 trillion), and (ii) that are included within at least one of the following growth indices: the MSCI All Country World IMI Growth Index, the S&P 1500 Growth Index, or the Russell 3000 Growth Index. The Fund also invests in equity securities of companies with medium market capitalizations.
The Fund is primarily actively managed by the sub-advisors. In addition, Principal Global Investors, LLC may invest up to 30% of the Fund’s assets using an index sampling strategy designed to match the performance of the Russell 1000® Growth Index.
The Fund is considered non-diversified, which means it can invest a higher percentage of assets in securities of individual issuers than a diversified fund. As a result, changes in the value of a single investment could cause greater fluctuations in the Fund’s share price than would occur in a more diversified fund.
Read More

PLGAX - Performance

Return Ranking - Trailing

Period PLGAX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.3% -10.0% 61.7% 71.27%
1 Yr 16.0% -13.2% 127.7% 79.31%
3 Yr 19.2%* 2.8% 66.8% 77.60%
5 Yr 9.0%* -8.2% 36.6% 79.14%
10 Yr 15.3%* 6.8% 24.6% 61.14%

* Annualized

Return Ranking - Calendar

Period PLGAX Return Category Return Low Category Return High Rank in Category (%)
2025 -4.6% -74.1% 41.2% 84.33%
2024 -7.7% -59.2% 52.3% 97.06%
2023 31.5% -15.0% 72.4% 52.41%
2022 -41.5% -85.9% 27.3% 86.14%
2021 7.9% -52.4% 38.7% 53.92%

Total Return Ranking - Trailing

Period PLGAX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.3% -10.0% 61.7% 71.27%
1 Yr 16.0% -13.2% 127.7% 79.31%
3 Yr 19.2%* 2.8% 66.8% 77.60%
5 Yr 9.0%* -8.2% 36.6% 79.14%
10 Yr 15.3%* 6.8% 24.6% 61.14%

* Annualized

Total Return Ranking - Calendar

Period PLGAX Return Category Return Low Category Return High Rank in Category (%)
2025 11.1% -4.9% 49.3% 79.92%
2024 24.7% -31.9% 52.3% 69.05%
2023 40.1% -4.6% 72.4% 38.84%
2022 -34.3% -61.7% 35.0% 76.47%
2021 21.4% -39.8% 40.0% 56.04%

NAV & Total Return History

PLGAX - Holdings

Concentration Analysis

PLGAX Category Low Category High PLGAX % Rank
Net Assets 6.19 B 1.46 M 440 B 32.68%
Number of Holdings 416 2 2946 2.74%
Net Assets in Top 10 3.58 B 1.51 M 203 B 32.42%
Weighting of Top 10 53.89% 10.7% 205.0% 57.47%

Top 10 Holdings

  1. NVIDIA Corp 10.69%
  2. Microsoft Corp 9.14%
  3. Apple Inc 7.04%
  4. Alphabet Inc - A Shares 5.87%
  5. Broadcom Inc 5.05%
  6. Amazon.com Inc 4.78%
  7. Meta Platforms Inc 3.99%
  8. Mastercard Inc 3.04%
  9. Intuitive Surgical Inc 2.32%
  10. Intuit Inc 1.98%

Asset Allocation

Weighting Return Low Return High PLGAX % Rank
Stocks 		98.32% 0.00% 116.50% 67.29%
Cash 		1.47% 0.00% 173.52% 29.77%
Preferred Stocks 		0.25% 0.00% 24.75% 16.85%
Convertible Bonds 		0.00% 0.00% 1.94% 35.82%
Bonds 		0.00% 0.00% 99.61% 38.20%
Other 		0.00% -24.61% 25.67% 94.91%

Stock Sector Breakdown

Weighting Return Low Return High PLGAX % Rank
Technology 		34.35% 0.00% 65.70% 58.49%
Healthcare 		17.52% 0.00% 39.76% 13.64%
Consumer Cyclical 		13.05% 0.00% 62.57% 67.52%
Communication Services 		12.74% 0.00% 66.40% 25.02%
Industrials 		7.62% 0.00% 30.65% 31.40%
Financial Services 		5.88% 0.00% 43.06% 80.77%
Consumer Defense 		5.06% 0.00% 25.50% 28.46%
Real Estate 		1.86% 0.00% 8.88% 32.97%
Basic Materials 		1.77% 0.00% 18.91% 36.21%
Energy 		0.11% 0.00% 41.09% 55.54%
Utilities 		0.04% 0.00% 16.07% 29.05%

Stock Geographic Breakdown

Weighting Return Low Return High PLGAX % Rank
US 		98.32% 0.00% 116.50% 58.28%
Non US 		0.00% 0.00% 39.07% 51.42%

PLGAX - Expenses

Operational Fees

PLGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.95% 0.01% 13.08% 47.10%
Management Fee 0.60% 0.00% 1.50% 46.30%
12b-1 Fee 0.25% 0.00% 1.00% 36.56%
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

PLGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 2.25% 5.75% 47.22%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PLGAX 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.

PLGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 23.10% 0.00% 316.74% 31.33%

PLGAX - Distributions

Dividend Yield Analysis

PLGAX Category Low Category High PLGAX % Rank
Dividend Yield 34.79% 0.00% 27.58% 7.44%

Dividend Distribution Analysis

PLGAX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Annual Annual

Net Income Ratio Analysis

PLGAX Category Low Category High PLGAX % Rank
Net Income Ratio -0.51% -6.13% 3.48% 65.23%

Capital Gain Distribution Analysis

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

Distributions History

View More +

PLGAX - Fund Manager Analysis

Managers

Randy Welch

Start Date

Tenure

Tenure Rank

Jun 02, 2009

13.0

13.0%

Mr. Welch is a Vice President of Principal Management Corporation. Mr. Welch joined the Principal Financial Group in 1989 and oversees the functions of the Investment Services group, which includes investment manager research, investment consulting, performance analysis, and investment communication. He is also responsible for the due diligence program that monitors investment managers used by the Principal Funds. Mr. Welch is an affiliate member of the Chartered Financial Analysts (CFA) Institute. Mr. Welch earned a B.A. in Business/ Finance from Grand View College and an M.B.A. from Drake University.

James Fennessey

Start Date

Tenure

Tenure Rank

Jun 02, 2009

13.0

13.0%

Mr. Fennessey, CFA, Vice President of Principal Management Corporation. Mr. Fennessey joined the Principal Financial Group in 2000. He is the Head of the Manager Research Team that is responsible for analyzing, interpreting and coordinating investment performance data and evaluation of the investment managers under the due diligence program that monitors investment managers used by the Principal Funds and is a member of the Principal Funds Investment Committee. Fennessey earned a B.S. in Business Administration, with an emphasis in Finance, and a minor in Economics from Truman State University. He has earned the right to use the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.24 2.92

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