PLVIX: Principal Large Cap Value III Inst

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

PLVIX Principal Large Cap Value III Inst


Profile

PLVIX - Profile

Vitals

  • YTD Return -16.3%
  • 3 Yr Annualized Return -4.3%
  • 5 Yr Annualized Return -2.7%
  • Net Assets $1.8 B
  • Holdings in Top 10 22.0%

52 WEEK LOW AND HIGH

$14.24
$10.62
$17.99

Expenses

OPERATING RELATED FEES

  • Expense Ratio N/A

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 51.50%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -16.3%
  • 3 Yr Annualized Total Return -4.3%
  • 5 Yr Annualized Total Return -2.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.30%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Principal LargeCap Value Fund III
  • Fund Family Name
    Principal Funds
  • Inception Date
    Dec 06, 2000
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    James Fennessey

Fund Description

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in companies with large market capitalizations at the time of purchase. For this fund, companies with large market capitalizations are those with market capitalizations within the range of companies comprising the Russell 1000 ® Value Index. The fund invests in value equity securities, an investment strategy that emphasizes buying equity securities that appear to be undervalued.


Sign up for Advisor Access

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


Categories

Performance

PLVIX - Performance

Return Ranking - Trailing

Period PLVIX Return Category Return Low Category Return High Rank in Category (%)
YTD -16.3% -50.1% 5.2% 41.00%
1 Yr -10.6% -47.0% 21.3% 47.75%
3 Yr -4.3%* -25.0% 12.8% 42.58%
5 Yr -2.7%* -23.4% 9.8% 43.54%
10 Yr 4.5%* -14.5% 17.6% 35.78%

* Annualized

Return Ranking - Calendar

Period PLVIX Return Category Return Low Category Return High Rank in Category (%)
2019 18.7% -32.1% 48.5% 52.45%
2018 -15.3% -62.4% 16.7% 38.05%
2017 9.4% -16.4% 22.0% 46.67%
2016 8.3% -27.9% 31.0% 70.72%
2015 -9.3% -43.1% 1.3% 52.72%

Total Return Ranking - Trailing

Period PLVIX Return Category Return Low Category Return High Rank in Category (%)
YTD -16.3% -50.1% 5.2% 41.00%
1 Yr -10.6% -47.0% 21.3% 47.75%
3 Yr -4.3%* -24.3% 12.8% 71.44%
5 Yr -2.7%* -15.8% 9.8% 77.75%
10 Yr 4.5%* -5.8% 17.6% 80.86%

* Annualized

Total Return Ranking - Calendar

Period PLVIX Return Category Return Low Category Return High Rank in Category (%)
2019 18.7% -32.1% 48.5% 52.45%
2018 -15.3% -37.1% 17.4% 68.27%
2017 9.4% -9.5% 25.7% 83.66%
2016 8.3% -27.9% 32.2% 89.64%
2015 -9.3% -28.9% 3.9% 78.52%

NAV & Total Return History


Holdings

PLVIX - Holdings

Concentration Analysis

PLVIX Category Low Category High PLVIX % Rank
Net Assets 1.8 B 938 K 77.4 B 22.60%
Number of Holdings 728 1 1138 1.79%
Net Assets in Top 10 395 M 68.1 K 18.6 B 29.57%
Weighting of Top 10 22.00% 6.1% 186.4% 86.65%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High PLVIX % Rank
Stocks
98.73% 80.21% 141.55% 39.45%
Cash
1.26% -104.41% 15.39% 56.21%
Other
0.01% -2.50% 30.06% 6.31%
Preferred Stocks
0.00% 0.00% 10.14% 54.14%
Convertible Bonds
0.00% -0.02% 7.45% 51.69%
Bonds
0.00% -0.79% 71.79% 52.26%

Stock Sector Breakdown

Weighting Return Low Return High PLVIX % Rank
Financial Services
19.43% 0.00% 60.26% 65.18%
Healthcare
15.08% 0.00% 37.21% 66.51%
Industrials
11.27% 0.00% 43.05% 32.07%
Technology
11.26% 0.00% 31.17% 42.50%
Consumer Cyclical
7.40% 0.00% 28.45% 28.08%
Communication Services
7.34% 0.00% 20.78% 48.01%
Consumer Defense
7.28% 0.00% 32.31% 68.50%
Energy
6.85% 0.00% 18.54% 24.19%
Utilities
6.70% 0.00% 47.04% 36.15%
Basic Materials
4.24% 0.00% 16.83% 24.95%
Real Estate
3.12% 0.00% 15.11% 49.15%

Stock Geographic Breakdown

Weighting Return Low Return High PLVIX % Rank
US
94.99% 80.02% 139.76% 40.49%
Non US
3.74% 0.00% 18.58% 49.72%

Expenses

PLVIX - Expenses

Operational Fees

PLVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.00% 19.26% 74.43%
Management Fee 0.77% 0.00% 1.50% 89.05%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

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

Trading Fees

PLVIX 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.

PLVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 51.50% 0.00% 431.00% 60.93%

Distributions

PLVIX - Distributions

Dividend Yield Analysis

PLVIX Category Low Category High PLVIX % Rank
Dividend Yield 0.00% 0.00% 9.22% 52.64%

Dividend Distribution Analysis

PLVIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

PLVIX Category Low Category High PLVIX % Rank
Net Income Ratio 2.30% -0.36% 4.13% 15.50%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

PLVIX - Fund Manager Analysis

Managers

James Fennessey


Start Date

Tenure

Tenure Rank

Jun 02, 2009

10.92

10.9%

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.

Randy Welch


Start Date

Tenure

Tenure Rank

Jun 02, 2009

10.92

10.9%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 84.51 7.02 1.23