Category | Fund Name | Summary | Net Assets ($ M)* | YTD (%) |
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Large-Cap-Growth | Principal Blue Chip Fund | 409900 | 0 | |
The fund seeks capital appreciation in the long term by investing in large-size companies in the United States. The investment process is designed to highlight well-established companies demonstrating above average earnings potential. The research team looks for companies displaying financial strength or those that are market leaders or among the top three companies in its sector or household names. The fund has the flexibility to invest its net assets in securities of foreign companies. |
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Multi-Cap-Core | Principal Capital Appreciation Fund | 2190 | 0 | |
The fund seeks capital appreciation in the long term by investing in companies across any size in the United States. The investment process is designed to highlight companies in the benchmark index that are trading at a discount to their private market value. The research team also focuses on companies that have a competitive advantage, and/or that have barriers to entry in their respective industries. Then the manager constructs a diversified portfolio from a list of companies favored by the research team and allocates capital based on its conviction level. The fund may invest small or medium market capitalization companies, but the manager will generally emphasize large-capitalization companies. |
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Multi-Cap-Growth | Principal Diversified International Fund | 4400 | 0.7 | |
The fund seeks capital appreciation in the long term by investing in companies across any size outside the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team focuses on securities of foreign companies. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund has no limitation on the percentage of its net assets that are invested in any one country or denominated in any one currency. Also, the fund typically invests in foreign securities of at least 20 countries. The fund favors securities of issuers of developed areas such as Japan, Western Europe, Canada, Australia, Hong Kong, and Singapore. However, the fund also invests in emerging market securities. The fund invests in securities across all market capitalizations and investment style (growth or value). |
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Mid-Cap-Core | Principal EDGE MidCap Fund | 90 | 0 | |
The fund seeks capital appreciation in the long term by investing in mid-size companies in the United States. The investment process is designed to identify companies with above-average growth profile and trading at reasonable valuations. The investment strategy is designed to invest in high-quality companies with a proven track record of earnings growth but stocks are lagging their long term growth outlooks. The fund favors high quality companies and prefers to invest in high conviction stocks. |
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Equity-Income | Principal Equity Income Fund | 168200 | 1.9 | |
The fund seeks current income and capital appreciation and income in the long term by investing in mid-and large-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests in dividend-paying equity securities. Also, the team favors companies that are estimated to trade below their fair values. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund also invests in securities of foreign issuers. |
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Real Estate-NA | Principal Global Real Estate Securities Fund | 82900 | 0 | |
The fund seeks total return by investing in companies outside the United States. The sub-adviser’s investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests in securities of U.S. and non-U.S. companies principally engaged in the real estate industry. According to the team, a real estate company has at least 50% of its assets, income or profits derived from products or services related to the real estate industry. Real estate companies include real estate investment trusts and companies with substantial real estate holdings such as paper, lumber, hotel and entertainment companies, as well as those whose products and services relate to the real estate industry, such as building supply manufacturers, mortgage lenders, and mortgage servicing companies. The team favors companies that are estimated to trade below their fair values. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund invests a significant percentage of its portfolio in REITs and foreign REIT-like entities. Also, the fund holds investments tied economically to at least 3 countries and invests more than 25% of its net assets in securities in the real estate industry. |
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Mixed-Regions | Principal International Emerging Markets Fund | 258.73 | 0 | |
The fund seeks capital appreciation in the long term by investing in companies across any size outside the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team focuses on securities of emerging market companies. The team considers a security to be tied economically to an emerging market if the issuer of the security has its principal place of business or principal office in an emerging market, has its principal securities trading market in an emerging market, or derives a majority of its revenue from emerging markets. Emerging markets generally exclude the United States, Canada, Japan, Australia, Hong Kong, Singapore, New Zealand, and most nations located in Western Europe. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund invests in securities across all market capitalizations and style (growth or value). |
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Multi-Cap-Core | Principal International Equity Index Fund | 1190 | 0 | |
The fund seeks capital appreciation in the long term by investing in companies across any size outside the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team employs a passive investment approach to track the performance of the Index. In addition, the team utilizes a replication strategy which involves investing in the securities that make up the Index, in the same approximate proportions as the Index. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. In addition, the fund will not invest more than 25% of its net assets in a particular industry except to the extent the Index is so concentrated. Also, the fund utilizes exchange-traded funds and derivative strategies to gain exposure to the Index in an effort to minimize tracking error relative to the benchmark. |
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Multi-Cap-Growth | Principal International Fund I | 335.21 | 0 | |
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Large-Cap-Core | Principal International Small Company Fund | 1120 | 0.5 | |
The fund seeks capital appreciation in the long term by investing in small-size companies outside the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team focuses on securities of foreign companies. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund typically invests in foreign securities of more than 10 countries. However, the fund has no limitation on the percentage of its net assets that is invested in each country or denominated in any currency. Also, the fund favors securities of corporations of developed areas, such as Japan, Western Europe, Canada, Australia, and New Zealand. The fund invests in securities regardless of style (growth or value). |
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Large-Cap-Growth | Principal LargeCap Growth Fund I | 14.56 | 0 | |
The fund seeks capital appreciation in the long term by investing in large-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team uses quantitative techniques and fundamental analysis to identify investable opportunities. Next, the research team focuses on well-established companies demonstrating above average earnings potential. The fund invests up to 30% of its assets in equities and attempts to replicate performance of the underlying benchmark index. |
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Large-Cap-Value | Principal LargeCap Value Fund III | 2740 | 0 | |
The fund seeks capital appreciation in the long term by investing in mega-and large-size companies in the United States. The fund manages assets through two sub-advisers, Barrow, Hanley, Mewhinney & Strauss, LLC and Westwood Management Corp. The sub-advisers’ investment process is designed to highlight companies included in the benchmark index that are estimated to trade below their fair values. The fund seeks to replicate the benchmark index by investing up to 30% of its net assets in equity securities, and the fund's remaining assets are managed by the sub-advisors. |
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Mid-Cap-Core | Principal MidCap Fund | 18000 | 5.3 | |
The fund seeks capital appreciation in the long term by investing in mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team uses quantitative techniques and fundamental analysis to identify investable opportunities. The fund also invests in foreign securities. |
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Mid-Cap-Growth | Principal MidCap Growth Fund | 1100 | 0 | |
The fund seeks capital appreciation in the long term by investing in mid-size companies in the United States. The investment process starts with companies in the benchmark index and the research team narrows the list to include companies with a track record of above-average earnings growth and return on capital. Next, the team analyzes the quality and durability of earnings and also reviews technical indicators including market and stock momentum. The actively managed fund frequently buys and sells securities that may lead to higher than average tax liabilities. |
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Mid-Cap-Growth | Principal MidCap Growth Fund III | 1140 | 0 | |
The fund seeks capital appreciation in the long term by investing in mid-size companies in the United States. The investment process starts with companies in the benchmark index and the research team narrows the list to include companies with a track record of above-average earnings growth and return on capital. Next, the team analyzes the quality and durability of earnings and also reviews technical indicators including market and stock momentum. The fund invests up to 30% of its assets in equities and attempts to replicate performance of the Russell Midcap Growth Index. The remaining assets are managed by the sub-advisors focused on identifying companies with above-average return on capital and earnings growth. |
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Mid-Cap-Core | Principal MidCap S&P 400 Index Fund | 1270 | 0 | |
The fund seeks capital appreciation in the long term by investing in mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team uses quantitative techniques and fundamental analysis to identify investable opportunities. The process uses a passive investing style to replicate the composition of the benchmark index. The fund will not concentrate meaning it will not invest more than 25% of its assets in a particular industry. |
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Mid-Cap-Value | Principal MidCap Value Fund I | 3810 | 2 | |
The fund seeks capital appreciation in the long term by investing in mid-size companies in the United States. The investment process starts with companies in the benchmark index and the research team narrows the list to include companies that are estimated to trade at discounts to their intrinsic values. Next, the team analyzes the quality and durability of earnings and also reviews technical indicators including market and stock momentum. The fund invests up to 30% of its assets in equities and attempts to replicate performance of the Russell Midcap Value Index. The remaining assets are managed by the sub-advisors focused on identifying companies with above-average return on capital and earnings growth. |
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Alternatives | Principal Multi-Manager Equity Long-Short Fund | 0 | 0 | |
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Mixed-Regions | Principal Origin Emerging Markets Fund | 2340 | 0 | |
The fund seeks capital appreciation in the long term by investing in companies across any size outside the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team focuses on securities of emerging market companies. The team considers a security to be tied economically to an emerging market if the issuer of the security has its principal place of business or principal office in an emerging market, has its principal securities trading market in an emerging market, or derives a majority of its revenue from emerging markets. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund invests in securities across all market capitalizations and in growth and value stocks. |
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Multi-Cap-Core | Principal Overseas Fund | 3030 | 0 | |
The fund seeks capital appreciation in the long term by investing in companies across any size outside the United States. The fund manages assets with the help of two sub-advisers namely Barrow, Hanley, Mewhinney & Strauss, LLC and Causeway Capital Management LLC. The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk. The sub-advisers’ investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team focuses on securities that are tied economically to countries outside the U.S. The team considers a security to be tied economically to countries outside the U.S. if the issuer of the security has its principal place of business or principal office outside the U.S., has its principal securities trading market outside the U.S., or derives a majority of its revenue from outside the U.S. Additionally, the team prefers companies that are estimated to trade below their fair values. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. Also, the fund invests in emerging market securities. In addition, the fund utilizes an index sampling strategy to invest up to 30% of its net assets to match the performance of the Index. |
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Real Estate-NA | Principal Real Estate Securities Fund | 5310 | 0 | |
The fund seeks total return by investing in companies in the United States. The sub-advisor’s investment process is designed to highlight companies principally engaged in the real estate industry. Real estate companies include real estate investment trusts and companies with substantial real estate holdings such as paper, lumber, hotel and entertainment companies, as well as those whose products and services relate to the real estate industry, including building supply manufacturers, mortgage lenders and mortgage servicing companies. Next, the research team relies on fundamental analysis to look for companies that are estimated to trade below their fair values. Then the manager constructs a portfolio from a list of companies in the benchmark index favored by the research team and allocates capital based on its conviction level. The fund invests more than 25% of its net assets in securities in the real estate industry. The fund is non-diversified, which means it can invest a higher percentage of assets in securities of individual issuers than a diversified fund. |
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Equity-Income | Principal Small-MidCap Dividend Income Fund | 943.6 | 3.5 | |
The fund seeks current income and capital appreciation and income in the long term by investing in small-and mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests in dividend-paying equity securities. Also, the team favors companies that are estimated to trade below their fair values. In addition, the team prefers companies whose potential for growth of capital and earnings is estimated to be above average. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund also invests in securities of foreign issuers and real estate investment trusts. |
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Small-Cap-Core | Principal SmallCap Fund | 1390 | 1.2 | |
The fund seeks capital appreciation in the long term by investing in small-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests in securities of companies that demonstrate improving and durable business fundamentals, rising investor expectations, and attractive relative valuations. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. |
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Small-Cap-Growth | Principal SmallCap Growth Fund I | 3.06 | 0 | |
The fund seeks capital appreciation in the long term by investing in small-size companies in the United States. The fund manages assets with the help of three sub-advisers namely AllianceBernstein L.P., Brown Advisory, LLC, and Emerald Advisers, LLC. The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk. The sub-advisers’ investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests in growth equity securities. The team prefers companies that demonstrate above-average growth of capital and earnings potential. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. In addition, the fund may invest up to 30% of its net assets utilizing an index sampling strategy designed to match the performance of the Index. |
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Small-Cap-Core | Principal SmallCap S&P 600 Index Fund | 1140 | 0 | |
The fund seeks capital appreciation in the long term by investing in small-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. The passively managed fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. Next, the research team invests in equity securities of companies in the benchmark index. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund will not invest more than 25% of its net assets in a particular industry. Additionally, the fund utilizes derivative strategies and invests in exchange-traded funds. |
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Small-Cap-Value | Principal SmallCap Value Fund II | 1340 | 0 | |
The fund seeks capital appreciation in the long term by investing in small-size companies in the United States. The fund manages assets with the help of three sub-advisers namely Hotchkis and Wiley Capital Management, LLC, Los Angeles Capital Management LLC, and Vaughan Nelson Investment Management, LP. The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk. The sub-advisers’ investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests in value equity securities. The team prefers companies that are estimated to trade below their fair values. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund also invests in real estate investment trusts. In addition, the fund may invest up to 30% of its net assets utilizing an index sampling strategy designed to match the performance of the Index. |
* Net Assets include for all classes