PSABX: Principal SmallCap R1

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PSABX Principal SmallCap R1


Profile

PSABX - Profile

Vitals

  • YTD Return -0.9%
  • 3 Yr Annualized Return -4.0%
  • 5 Yr Annualized Return -1.0%
  • Net Assets $689 M
  • Holdings in Top 10 15.4%

52 WEEK LOW AND HIGH

$19.32
$18.24
$20.56

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.65%

SALES FEES

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

BROKERAGE FEES

  • Turnover 40.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Jan 31, 2017
  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -0.9%
  • 3 Yr Annualized Total Return -4.0%
  • 5 Yr Annualized Total Return -1.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.37%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Principal SmallCap Fund
  • Fund Family Name
    Principal Funds
  • Inception Date
    Nov 01, 2004
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Phil Nordhus

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. It invests in equity securities with value and/or growth characteristics and constructs an investment portfolio that has a blend of equity securities with these characteristics. Investing in value equity securities is an investment strategy that emphasizes buying equity securities that appear to be undervalued.


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Categories

Performance

PSABX - Performance

Return Ranking - Trailing

Period PSABX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -12.0% 2.9% 14.70%
1 Yr -0.5% -94.4% 32.4% 45.51%
3 Yr -4.0%* -64.7% 10.5% 59.78%
5 Yr -1.0%* -44.4% 9.7% 48.97%
10 Yr 5.3%* -16.5% 12.3% 37.37%

* Annualized

Return Ranking - Calendar

Period PSABX Return Category Return Low Category Return High Rank in Category (%)
2019 19.1% -94.0% 48.3% 55.46%
2018 -24.7% -67.3% 0.1% 64.57%
2017 2.7% -36.3% 36.3% 59.90%
2016 13.9% -36.7% 34.1% 73.84%
2015 -4.6% -48.0% 3.1% 14.20%

Total Return Ranking - Trailing

Period PSABX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -12.0% 2.9% 14.70%
1 Yr -0.5% -94.4% 32.4% 45.51%
3 Yr -4.0%* -64.1% 11.9% 78.85%
5 Yr -1.0%* -42.7% 9.8% 76.34%
10 Yr 5.3%* -13.2% 12.9% 73.40%

* Annualized

Total Return Ranking - Calendar

Period PSABX Return Category Return Low Category Return High Rank in Category (%)
2019 19.1% -94.0% 48.3% 55.46%
2018 -24.7% -67.1% 0.1% 76.83%
2017 2.7% -26.8% 52.6% 86.15%
2016 13.9% -24.6% 34.1% 87.38%
2015 -4.6% -48.0% 5.3% 42.38%

NAV & Total Return History


Holdings

PSABX - Holdings

Concentration Analysis

PSABX Category Low Category High PSABX % Rank
Net Assets 689 M 937 K 96.8 B 35.55%
Number of Holdings 133 1 2482 49.58%
Net Assets in Top 10 106 M 82.9 K 3.47 B 35.55%
Weighting of Top 10 15.39% 2.7% 100.0% 48.07%

Top 10 Holdings

  1. Aerojet Rocketdyne Holdings Inc 1.62%
  2. Darling Ingredients Inc 1.61%
  3. First Industrial Realty Trust Inc 1.58%
  4. Syneos Health Inc A 1.56%
  5. AMN Healthcare Services Inc 1.55%
  6. Agree Realty Corp 1.54%
  7. FTI Consulting Inc 1.54%
  8. Eldorado Resorts Inc 1.52%
  9. Entegris Inc 1.44%
  10. Portland General Electric Co 1.42%

Asset Allocation

Weighting Return Low Return High PSABX % Rank
Stocks
98.00% 86.64% 103.54% 60.91%
Cash
2.00% -89.32% 13.75% 37.54%
Preferred Stocks
0.00% 0.00% 1.03% 10.76%
Other
0.00% -9.98% 23.33% 12.89%
Convertible Bonds
0.00% 0.00% 2.54% 7.22%
Bonds
0.00% 0.00% 63.84% 11.05%

Stock Sector Breakdown

Weighting Return Low Return High PSABX % Rank
Healthcare
17.65% 0.00% 34.18% 20.14%
Technology
16.42% 0.00% 45.53% 20.29%
Financial Services
16.35% 0.00% 44.90% 64.00%
Industrials
15.74% 6.72% 50.07% 79.57%
Consumer Cyclical
11.55% 0.00% 37.33% 41.57%
Real Estate
8.41% 0.00% 21.15% 37.71%
Consumer Defense
4.82% 0.00% 15.01% 26.29%
Utilities
4.06% 0.00% 23.96% 17.43%
Energy
2.56% -0.10% 26.16% 65.29%
Basic Materials
1.90% 0.00% 20.42% 88.00%
Communication Services
0.55% 0.00% 19.14% 88.71%

Stock Geographic Breakdown

Weighting Return Low Return High PSABX % Rank
US
98.00% 81.88% 100.46% 26.06%
Non US
0.00% 0.00% 16.73% 84.70%

Expenses

PSABX - Expenses

Operational Fees

PSABX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.65% 0.01% 15.17% 20.41%
Management Fee 0.75% 0.00% 1.50% 40.63%
12b-1 Fee 0.35% 0.00% 1.00% 69.35%
Administrative Fee 0.28% 0.01% 0.47% 93.88%

Sales Fees

PSABX 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

PSABX 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.

PSABX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 40.00% 0.02% 436.00% 44.71%

Distributions

PSABX - Distributions

Dividend Yield Analysis

PSABX Category Low Category High PSABX % Rank
Dividend Yield 0.00% 0.00% 7.59% 13.88%

Dividend Distribution Analysis

PSABX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

PSABX Category Low Category High PSABX % Rank
Net Income Ratio -0.37% -4.91% 2.35% 87.50%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

PSABX - Fund Manager Analysis

Managers

Phil Nordhus


Start Date

Tenure

Tenure Rank

May 19, 2006

13.71

13.7%

Phil is a portfolio manager for Principal Global Equities. He serves as lead portfolio manager for the firm's U.S. small-cap equity portfolios. In addition, his responsibilities include leadership of the small-cap analyst team. Phil joined the firm in 1990 and was previously in corporate acquisitions and divestitures before moving to the equity group in 2000. He received an MBA from Drake University and a bachelor's degree in economics from Kansas State University. Phil has earned the right to use the Chartered Financial Analyst designation and is a member of the CFA Institute.

Brian Pattinson


Start Date

Tenure

Tenure Rank

Jul 20, 2011

8.54

8.5%

Brian is a portfolio manager at Principal Global Equities. Brian leads the global small-cap team which encompasses international small-cap and U.S. small-cap strategies. He serves as the lead portfolio manager for the firm's international portfolios while providing oversight to the U.S. small-cap team. Brian also leads the global small-cap team’s research and development efforts. He joined the firm in 1994 and became a portfolio manager in 2001. Brian received an MBA and a bachelor’s degree in finance from the University of Iowa. Brian has earned the right to use the Chartered Financial Analyst designation. He is a member of the CFA Society of Iowa and the CFA Institute.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 47.28 6.55 0.25