SmallCap S&P 600 Index Fund
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.7%
1 yr return
19.0%
3 Yr Avg Return
0.1%
5 Yr Avg Return
7.1%
Net Assets
$1.21 B
Holdings in Top 10
7.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.17%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 11.90%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PSPIX - Profile
Distributions
- YTD Total Return -0.7%
- 3 Yr Annualized Total Return 0.1%
- 5 Yr Annualized Total Return 7.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.06%
- Dividend Yield 1.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameSmallCap S&P 600 Index Fund
-
Fund Family NamePrincipal Funds
-
Inception DateNov 22, 2016
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJeffrey Schwarte
Fund Description
PSPIX - Performance
Return Ranking - Trailing
Period | PSPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.7% | -5.8% | 23.2% | 88.85% |
1 Yr | 19.0% | -7.7% | 64.4% | 70.02% |
3 Yr | 0.1%* | -10.5% | 39.0% | 57.09% |
5 Yr | 7.1%* | -13.6% | 29.9% | 51.09% |
10 Yr | N/A* | -2.6% | 16.8% | 8.81% |
* Annualized
Return Ranking - Calendar
Period | PSPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.8% | -19.9% | 29.0% | 66.18% |
2022 | -24.9% | -59.3% | 118.2% | 79.67% |
2021 | 15.3% | -31.6% | 39.3% | 28.20% |
2020 | 8.8% | -51.0% | 39.5% | 60.81% |
2019 | 14.3% | -5.6% | 37.8% | 87.73% |
Total Return Ranking - Trailing
Period | PSPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.7% | -5.8% | 23.2% | 88.85% |
1 Yr | 19.0% | -7.7% | 64.4% | 70.02% |
3 Yr | 0.1%* | -10.5% | 39.0% | 57.09% |
5 Yr | 7.1%* | -13.6% | 29.9% | 51.09% |
10 Yr | N/A* | -2.6% | 16.8% | 8.62% |
* Annualized
Total Return Ranking - Calendar
Period | PSPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.9% | -11.7% | 31.8% | 56.25% |
2022 | -16.3% | -45.2% | 123.7% | 42.88% |
2021 | 26.2% | 0.0% | 47.7% | 30.26% |
2020 | 11.3% | -50.5% | 46.9% | 59.46% |
2019 | 22.6% | 2.1% | 43.7% | 71.23% |
NAV & Total Return History
PSPIX - Holdings
Concentration Analysis
PSPIX | Category Low | Category High | PSPIX % Rank | |
---|---|---|---|---|
Net Assets | 1.21 B | 529 K | 145 B | 29.25% |
Number of Holdings | 608 | 2 | 2519 | 19.01% |
Net Assets in Top 10 | 89.1 M | 120 K | 9.83 B | 43.88% |
Weighting of Top 10 | 7.58% | -2849.0% | 100.1% | 86.79% |
Top 10 Holdings
- Principal Government Money Market Fund - Class R-6 2.46%
- Fabrinet 0.69%
- Cytokinetics Inc 0.68%
- Applied Industrial Technologies Inc 0.60%
- SPS Commerce Inc 0.60%
- Ensign Group Inc/The 0.57%
- Meritage Homes Corp 0.54%
- DoubleVerify Holdings Inc 0.49%
- Mueller Industries Inc 0.48%
- Boise Cascade Co 0.47%
Asset Allocation
Weighting | Return Low | Return High | PSPIX % Rank | |
---|---|---|---|---|
Stocks | 97.41% | -565235.00% | 108.16% | 72.76% |
Cash | 2.71% | 0.00% | 565934.00% | 36.01% |
Preferred Stocks | 0.00% | 0.00% | 7.53% | 71.85% |
Convertible Bonds | 0.00% | 0.00% | 3.17% | 71.06% |
Bonds | 0.00% | -1.96% | 74.53% | 72.58% |
Other | -0.05% | -598.74% | 39.24% | 99.27% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PSPIX % Rank | |
---|---|---|---|---|
Financial Services | 16.39% | 0.00% | 35.52% | 35.49% |
Industrials | 15.39% | 2.46% | 37.42% | 69.32% |
Technology | 12.76% | 0.00% | 54.70% | 66.54% |
Consumer Cyclical | 11.88% | 0.99% | 47.79% | 34.75% |
Healthcare | 11.87% | 0.00% | 26.53% | 58.78% |
Real Estate | 10.26% | 0.00% | 29.43% | 10.72% |
Energy | 5.70% | 0.00% | 37.72% | 59.52% |
Basic Materials | 5.59% | 0.00% | 18.66% | 34.20% |
Consumer Defense | 5.20% | 0.00% | 18.87% | 23.48% |
Communication Services | 2.95% | 0.00% | 14.85% | 42.70% |
Utilities | 2.00% | 0.00% | 18.58% | 64.70% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PSPIX % Rank | |
---|---|---|---|---|
US | 97.41% | -565235.00% | 108.16% | 66.91% |
Non US | 0.00% | 0.00% | 91.59% | 75.69% |
PSPIX - Expenses
Operational Fees
PSPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.17% | 0.01% | 38.45% | 93.93% |
Management Fee | 0.15% | 0.00% | 1.50% | 8.44% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
PSPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
PSPIX 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.
PSPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 11.90% | 1.00% | 314.00% | 5.38% |
PSPIX - Distributions
Dividend Yield Analysis
PSPIX | Category Low | Category High | PSPIX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.56% | 0.00% | 42.87% | 32.72% |
Dividend Distribution Analysis
PSPIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
PSPIX | Category Low | Category High | PSPIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.06% | -2.40% | 2.49% | 10.35% |
Capital Gain Distribution Analysis
PSPIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Quarterly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 21, 2023 | $0.397 | OrdinaryDividend |
Dec 21, 2022 | $0.341 | OrdinaryDividend |
Dec 21, 2021 | $0.319 | OrdinaryDividend |
Dec 21, 2020 | $0.292 | OrdinaryDividend |
Dec 20, 2019 | $0.324 | OrdinaryDividend |
Dec 19, 2019 | $1.480 | OrdinaryDividend |
Dec 20, 2018 | $0.330 | OrdinaryDividend |
Dec 21, 2017 | $0.315 | OrdinaryDividend |
Dec 22, 2016 | $0.277 | OrdinaryDividend |
PSPIX - Fund Manager Analysis
Managers
Jeffrey Schwarte
Start Date
Tenure
Tenure Rank
Jul 29, 2016
5.84
5.8%
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
3.63
3.6%
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 |
---|---|---|---|
0.08 | 49.61 | 7.05 | 2.58 |