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MidCap Fund (f/k/a MidCap Blend Fund)
mutual fund
PEMGX
Payout Change
Suspended
Price as of:
$43.51
+0.36
+0.83%
primary theme
U.S. Mid-Cap Growth Equity
share class
PEMGX (Mutual Fund)
MidCap Fund (f/k/a MidCap Blend Fund)
Payout Change
Suspended
Price as of:
$43.51
+0.36
+0.83%
primary theme
U.S. Mid-Cap Growth Equity
share class
PEMGX (Mutual Fund)
MidCap Fund (f/k/a MidCap Blend Fund)
Payout Change
Suspended
Price as of:
$43.51
+0.36
+0.83%
primary theme
U.S. Mid-Cap Growth Equity
share class
Name
As of 12/24/2024Price
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
Vitals
YTD Return
22.2%
1 yr return
22.4%
3 Yr Avg Return
6.0%
5 Yr Avg Return
11.6%
Net Assets
$23.4 B
Holdings in Top 10
42.2%
52 WEEK LOW AND HIGH
$43.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.95%
SALES FEES
Front Load 5.50%
Deferred Load N/A
TRADING FEES
Turnover 12.40%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
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
PEMGX - Profile
Distributions
- YTD Total Return 22.2%
- 3 Yr Annualized Total Return 6.0%
- 5 Yr Annualized Total Return 11.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.50%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMidCap Fund (f/k/a MidCap Blend Fund)
-
Fund Family NamePrincipal Funds
-
Inception DateJan 03, 1994
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerK. William Nolin
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 medium market capitalizations at the time of purchase. For this Fund, companies with medium market capitalizations are those with market capitalizations within the range of companies comprising the Russell MidCap® Index (as of January 31, 2024, this range was between approximately $353.3 million and $76.6 billion). The Fund also invests in foreign securities.
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PEMGX - Performance
Return Ranking - Trailing
| Period | PEMGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 22.2% | -1.2% | 91.9% | 30.49% |
| 1 Yr | 22.4% | -1.4% | 88.1% | 28.93% |
| 3 Yr | 6.0%* | -14.8% | 56.7% | 9.02% |
| 5 Yr | 11.6%* | -2.0% | 98.8% | 18.58% |
| 10 Yr | 12.2%* | 2.4% | 24.4% | 12.09% |
* Annualized
Return Ranking - Calendar
| Period | PEMGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 22.4% | -27.7% | 68.0% | 30.93% |
| 2022 | -25.7% | -85.6% | 52.8% | 20.74% |
| 2021 | 15.1% | -74.9% | 238.3% | 12.10% |
| 2020 | 16.6% | -44.1% | 2474.5% | 79.79% |
| 2019 | 36.1% | -50.2% | 44.0% | 7.96% |
Total Return Ranking - Trailing
| Period | PEMGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 22.2% | -1.2% | 91.9% | 30.49% |
| 1 Yr | 22.4% | -1.4% | 88.1% | 28.93% |
| 3 Yr | 6.0%* | -14.8% | 56.7% | 9.02% |
| 5 Yr | 11.6%* | -2.0% | 98.8% | 18.58% |
| 10 Yr | 12.2%* | 2.4% | 24.4% | 12.09% |
* Annualized
Total Return Ranking - Calendar
| Period | PEMGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 25.5% | -26.1% | 68.0% | 17.12% |
| 2022 | -23.4% | -67.0% | 56.8% | 22.11% |
| 2021 | 25.0% | -23.5% | 342.2% | 7.46% |
| 2020 | 18.0% | 2.6% | 2549.1% | 95.00% |
| 2019 | 42.5% | 14.6% | 44.8% | 3.66% |
NAV & Total Return History
PEMGX - Holdings
Concentration Analysis
| PEMGX | Category Low | Category High | PEMGX % Rank | |
|---|---|---|---|---|
| Net Assets | 23.4 B | 2.73 M | 100 B | 4.46% |
| Number of Holdings | 75 | 24 | 3569 | 56.78% |
| Net Assets in Top 10 | 11.9 B | 635 K | 11.9 B | 0.97% |
| Weighting of Top 10 | 42.25% | 4.5% | 97.8% | 18.22% |
Top 10 Holdings
- Brookfield Corp 5.00%
- KKR Co Inc 5.00%
- HEICO Corp - Class A 4.69%
- Hilton Worldwide Holdings Inc 4.56%
- TransDigm Group Inc 4.39%
- Copart Inc 4.34%
- O'Reilly Automotive Inc 4.20%
- Vulcan Materials Co 3.67%
- Brown Brown Inc 3.54%
- CoStar Group Inc 2.86%
Asset Allocation
| Weighting | Return Low | Return High | PEMGX % Rank | |
|---|---|---|---|---|
| Stocks | 99.92% | 58.72% | 103.99% | 6.59% |
| Cash | 0.12% | 0.00% | 28.07% | 88.95% |
| Preferred Stocks | 0.00% | 0.00% | 6.15% | 45.16% |
| Other | 0.00% | -0.11% | 14.15% | 54.65% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 37.21% |
| Bonds | 0.00% | 0.00% | 2.73% | 41.67% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PEMGX % Rank | |
|---|---|---|---|---|
| Consumer Cyclical | 21.36% | 0.00% | 57.41% | 3.10% |
| Financial Services | 20.02% | 0.00% | 43.01% | 6.98% |
| Technology | 15.17% | 0.04% | 62.17% | 91.67% |
| Industrials | 14.58% | 0.00% | 38.23% | 53.88% |
| Real Estate | 9.73% | 0.00% | 19.28% | 5.04% |
| Communication Services | 6.15% | 0.00% | 18.33% | 12.60% |
| Basic Materials | 5.36% | 0.00% | 17.25% | 12.60% |
| Utilities | 3.52% | 0.00% | 12.94% | 4.26% |
| Healthcare | 2.54% | 0.00% | 37.06% | 95.74% |
| Consumer Defense | 1.57% | 0.00% | 16.40% | 63.57% |
| Energy | 0.00% | 0.00% | 62.10% | 76.16% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PEMGX % Rank | |
|---|---|---|---|---|
| US | 99.92% | 46.79% | 103.99% | 4.84% |
| Non US | 0.00% | 0.00% | 34.12% | 50.97% |
PEMGX - Expenses
Operational Fees
| PEMGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.95% | 0.02% | 17.54% | 60.08% |
| Management Fee | 0.58% | 0.00% | 1.50% | 16.12% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 42.40% |
| Administrative Fee | N/A | 0.00% | 0.40% | N/A |
Sales Fees
| PEMGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.50% | 3.00% | 5.75% | 57.14% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| PEMGX 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.
| PEMGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 12.40% | 0.00% | 250.31% | 12.26% |
PEMGX - Distributions
Dividend Yield Analysis
| PEMGX | Category Low | Category High | PEMGX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 33.43% | 50.78% |
Dividend Distribution Analysis
| PEMGX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| PEMGX | Category Low | Category High | PEMGX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.50% | -2.24% | 2.75% | 41.73% |
Capital Gain Distribution Analysis
| PEMGX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 12, 2024 | $1.396 | CapitalGainLongTerm |
| Dec 13, 2023 | $0.948 | CapitalGainLongTerm |
| Dec 13, 2022 | $0.992 | CapitalGainLongTerm |
| Dec 13, 2021 | $3.331 | OrdinaryDividend |
| Dec 11, 2020 | $0.392 | CapitalGainLongTerm |
| Dec 27, 2019 | $0.071 | OrdinaryDividend |
| Dec 11, 2019 | $0.024 | CapitalGainShortTerm |
| Dec 11, 2019 | $1.297 | CapitalGainLongTerm |
| Dec 19, 2018 | $0.041 | CapitalGainShortTerm |
| Dec 19, 2018 | $2.700 | CapitalGainLongTerm |
| Aug 08, 2018 | $0.018 | CapitalGainLongTerm |
| Dec 20, 2017 | $0.889 | CapitalGainLongTerm |
| Dec 22, 2016 | $0.030 | OrdinaryDividend |
| Dec 20, 2016 | $0.469 | CapitalGainLongTerm |
| Dec 17, 2015 | $1.291 | CapitalGainLongTerm |
| Dec 19, 2014 | $0.000 | OrdinaryDividend |
| Dec 17, 2014 | $0.018 | CapitalGainShortTerm |
| Dec 17, 2014 | $1.057 | CapitalGainLongTerm |
| Dec 18, 2013 | $0.067 | CapitalGainShortTerm |
| Dec 18, 2013 | $0.358 | CapitalGainLongTerm |
| Dec 21, 2012 | $0.136 | OrdinaryDividend |
| Dec 19, 2012 | $0.014 | CapitalGainShortTerm |
| Dec 19, 2012 | $0.219 | CapitalGainLongTerm |
| Dec 21, 2011 | $0.026 | OrdinaryDividend |
| Dec 19, 2011 | $0.118 | CapitalGainShortTerm |
| Dec 19, 2011 | $0.692 | CapitalGainLongTerm |
| Dec 21, 2010 | $0.138 | OrdinaryDividend |
| Dec 10, 2010 | $0.010 | CapitalGainShortTerm |
| Dec 10, 2010 | $0.482 | CapitalGainLongTerm |
| Dec 21, 2009 | $0.039 | OrdinaryDividend |
| Dec 10, 2008 | $0.525 | CapitalGainLongTerm |
| Dec 06, 2007 | $0.214 | CapitalGainShortTerm |
| Dec 06, 2007 | $1.265 | CapitalGainLongTerm |
| Dec 29, 2006 | $0.028 | OrdinaryDividend |
| Dec 06, 2006 | $0.258 | CapitalGainShortTerm |
| Dec 06, 2006 | $1.159 | CapitalGainLongTerm |
| Dec 06, 2005 | $0.046 | CapitalGainShortTerm |
| Dec 06, 2005 | $0.661 | CapitalGainLongTerm |
PEMGX - Fund Manager Analysis
Managers
K. William Nolin
Start Date
Tenure
Tenure Rank
Dec 06, 2000
21.5
21.5%
Bill is the chief investment officer for Aligned Investors, an investment boutique within Principal Global Investors. He has served as lead portfolio manager for the Principal MidCap Fund since its 2001 inception and related portfolios since 1999. Bill and his dedicated investment team subsequently introduced the Principal Blue Chip strategy in 2012, utilizing the same philosophy and process while extending the team’s reach to larger companies. Bill joined Principal in 1993 in corporate credit research and transitioned to equities research in 1996. He earned an MBA from the Yale School of Management, and a bachelor’s degree in finance from the University of Iowa. Bill is a CFA charterholder and a member of the CFA Institute.
Thomas Rozycki
Start Date
Tenure
Tenure Rank
Mar 01, 2013
9.25
9.3%
Tom is the head of research for Aligned Investors, an investment boutique within Principal Global Investors. He is responsible for coordinating the research effort at Aligned Investors and also serves as portfolio manager for its MidCap and Blue Chip strategies. Tom joined the firm in 2001. He received a bachelor’s degree in finance from Drake University. Tom is a CFA charterholder and a member of the CFA Institute.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.3 | 9.42 | 11.76 |
