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Trending ETFs

Name

As of 06/17/2024

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

SmallCap Value Fund II

PPVIX | Fund

$11.97

$1.43 B

1.13%

$0.13

1.11%

Vitals

YTD Return

-1.6%

1 yr return

10.6%

3 Yr Avg Return

5.1%

5 Yr Avg Return

9.7%

Net Assets

$1.43 B

Holdings in Top 10

13.6%

52 WEEK LOW AND HIGH

$11.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.11%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 87.50%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/17/2024

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

SmallCap Value Fund II

PPVIX | Fund

$11.97

$1.43 B

1.13%

$0.13

1.11%

PPVIX - Profile

Distributions

  • YTD Total Return -1.6%
  • 3 Yr Annualized Total Return 5.1%
  • 5 Yr Annualized Total Return 9.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.70%
DIVIDENDS
  • Dividend Yield 1.1%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    SmallCap Value Fund II
  • Fund Family Name
    Principal Funds
  • Inception Date
    Jan 31, 2005
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • 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 equity securities of companies with small market capitalizations at the time of purchase. For this Fund, companies with small market capitalizations are those with market capitalizations of one or both of the following: $3.5 billion or less, or within the range of companies composing the Russell 2000® Value Index (as of January 31, 2024, this range was between approximately $13.0 million and $8.1 billion). The Fund invests in value equity securities, an investment strategy that emphasizes buying equity securities that appear to be undervalued.
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 2000® Value Index.
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PPVIX - Performance

Return Ranking - Trailing

Period PPVIX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.6% -13.7% 10.3% 72.60%
1 Yr 10.6% -6.4% 29.2% 53.42%
3 Yr 5.1%* -16.5% 61.9% 27.82%
5 Yr 9.7%* -4.0% 48.7% 26.03%
10 Yr 7.3%* -4.1% 25.7% 23.36%

* Annualized

Return Ranking - Calendar

Period PPVIX Return Category Return Low Category Return High Rank in Category (%)
2023 16.3% -6.0% 33.6% 19.22%
2022 -18.9% -36.7% 212.9% 66.12%
2021 14.2% -62.0% 147.6% 66.99%
2020 2.8% -24.8% 31.3% 44.94%
2019 22.1% -21.7% 34.0% 26.42%

Total Return Ranking - Trailing

Period PPVIX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.6% -13.7% 10.3% 72.60%
1 Yr 10.6% -6.4% 29.2% 53.42%
3 Yr 5.1%* -16.5% 61.9% 27.82%
5 Yr 9.7%* -4.0% 48.7% 26.03%
10 Yr 7.3%* -4.1% 25.7% 23.36%

* Annualized

Total Return Ranking - Calendar

Period PPVIX Return Category Return Low Category Return High Rank in Category (%)
2023 20.0% 1.8% 35.4% 19.45%
2022 -9.2% -36.7% 250.0% 33.41%
2021 32.3% -3.0% 157.9% 41.93%
2020 3.6% -13.5% 33.4% 47.16%
2019 23.2% -1.5% 34.3% 37.56%

NAV & Total Return History


PPVIX - Holdings

Concentration Analysis

PPVIX Category Low Category High PPVIX % Rank
Net Assets 1.43 B 2.13 M 52.9 B 23.52%
Number of Holdings 1578 10 1578 1.37%
Net Assets in Top 10 188 M 180 K 3.25 B 28.08%
Weighting of Top 10 13.60% 5.0% 92.1% 75.06%

Top 10 Holdings

  1. Principal Government Money Market Fund - Class R-6 3.41%
  2. Insight Enterprises Inc 1.72%
  3. Element Solutions Inc 1.30%
  4. Installed Building Products Inc 1.09%
  5. Core Main Inc 1.05%
  6. Fabrinet 1.04%
  7. Western Alliance Bancorp 1.01%
  8. Zions Bancorp NA 1.01%
  9. First American Financial Corp 0.99%
  10. Janus International Group Inc 0.97%

Asset Allocation

Weighting Return Low Return High PPVIX % Rank
Stocks
97.09% 2.46% 104.11% 74.43%
Cash
3.52% 0.00% 41.08% 33.11%
Preferred Stocks
0.00% 0.00% 2.10% 75.57%
Convertible Bonds
0.00% 0.00% 2.63% 73.38%
Bonds
0.00% 0.00% 78.84% 74.20%
Other
-0.01% -3.30% 39.58% 96.35%

Stock Sector Breakdown

Weighting Return Low Return High PPVIX % Rank
Financial Services
23.44% 0.00% 35.71% 52.34%
Industrials
21.17% 0.65% 48.61% 22.20%
Technology
12.77% 0.00% 34.03% 15.65%
Consumer Cyclical
10.90% 0.00% 51.62% 54.91%
Energy
9.58% 0.00% 29.42% 31.31%
Basic Materials
6.69% 0.00% 67.30% 25.00%
Healthcare
4.86% 0.00% 25.76% 64.72%
Utilities
3.87% 0.00% 13.86% 28.50%
Real Estate
2.81% 0.00% 44.41% 82.71%
Consumer Defense
2.44% 0.00% 13.22% 75.00%
Communication Services
1.48% 0.00% 24.90% 73.36%

Stock Geographic Breakdown

Weighting Return Low Return High PPVIX % Rank
US
97.09% 2.46% 104.11% 57.76%
Non US
0.00% 0.00% 76.26% 78.77%

PPVIX - Expenses

Operational Fees

PPVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.11% 0.05% 37.04% 57.53%
Management Fee 0.94% 0.00% 1.50% 86.27%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.35% N/A

Sales Fees

PPVIX 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% 5.00% N/A

Trading Fees

PPVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

PPVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 87.50% 7.00% 252.00% 87.43%

PPVIX - Distributions

Dividend Yield Analysis

PPVIX Category Low Category High PPVIX % Rank
Dividend Yield 1.13% 0.00% 14.14% 36.30%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

PPVIX Category Low Category High PPVIX % Rank
Net Income Ratio 0.70% -1.43% 4.13% 31.07%

Capital Gain Distribution Analysis

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

Distributions History

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PPVIX - 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
0.08 37.45 8.2 3.58