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MidCap Growth Fund
mutual fund
PGWIX
Payout Change
Suspended
Price as of:
$12.05
+0.1
+0.84%
primary theme
U.S. Mid-Cap Growth Equity
share class
PGWIX (Mutual Fund)
MidCap Growth Fund
Payout Change
Suspended
Price as of:
$12.05
+0.1
+0.84%
primary theme
U.S. Mid-Cap Growth Equity
share class
PGWIX (Mutual Fund)
MidCap Growth Fund
Payout Change
Suspended
Price as of:
$12.05
+0.1
+0.84%
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
26.2%
1 yr return
25.4%
3 Yr Avg Return
-0.7%
5 Yr Avg Return
12.4%
Net Assets
$230 M
Holdings in Top 10
26.5%
52 WEEK LOW AND HIGH
$12.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.79%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 114.50%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
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
PGWIX - Profile
Distributions
- YTD Total Return 26.2%
- 3 Yr Annualized Total Return -0.7%
- 5 Yr Annualized Total Return 12.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.24%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMidCap Growth Fund
-
Fund Family NamePrincipal Funds
-
Inception DateOct 28, 2005
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChristopher Corbett
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® Growth Index (as of January 31, 2024, this range was between approximately $684.1 million and $76.6 billion). The Fund invests in growth equity securities, an investment strategy that emphasizes buying equity securities of companies whose potential for growth of capital and earnings is expected to be above average. The Fund’s strategies may result in the active and frequent trading of the Fund’s portfolio securities.
PGWIX - Performance
Return Ranking - Trailing
| Period | PGWIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 26.2% | -1.2% | 91.9% | 20.39% |
| 1 Yr | 25.4% | -1.4% | 88.1% | 20.78% |
| 3 Yr | -0.7%* | -14.8% | 56.7% | 67.06% |
| 5 Yr | 12.4%* | -2.0% | 98.8% | 12.94% |
| 10 Yr | 11.0%* | 2.4% | 24.4% | 33.52% |
* Annualized
Return Ranking - Calendar
| Period | PGWIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.8% | -27.7% | 68.0% | 69.65% |
| 2022 | -32.3% | -85.6% | 52.8% | 57.93% |
| 2021 | -3.0% | -74.9% | 238.3% | 56.85% |
| 2020 | 46.8% | -44.1% | 2474.5% | 13.75% |
| 2019 | 26.3% | -50.2% | 44.0% | 47.10% |
Total Return Ranking - Trailing
| Period | PGWIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 26.2% | -1.2% | 91.9% | 20.39% |
| 1 Yr | 25.4% | -1.4% | 88.1% | 20.78% |
| 3 Yr | -0.7%* | -14.8% | 56.7% | 67.06% |
| 5 Yr | 12.4%* | -2.0% | 98.8% | 12.94% |
| 10 Yr | 11.0%* | 2.4% | 24.4% | 33.52% |
* Annualized
Total Return Ranking - Calendar
| Period | PGWIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.8% | -26.1% | 68.0% | 87.16% |
| 2022 | -32.3% | -67.0% | 56.8% | 70.45% |
| 2021 | 14.7% | -23.5% | 342.2% | 38.51% |
| 2020 | 61.1% | 2.6% | 2549.1% | 12.08% |
| 2019 | 31.5% | 14.6% | 44.8% | 66.45% |
NAV & Total Return History
PGWIX - Holdings
Concentration Analysis
| PGWIX | Category Low | Category High | PGWIX % Rank | |
|---|---|---|---|---|
| Net Assets | 230 M | 2.73 M | 100 B | 78.88% |
| Number of Holdings | 59 | 24 | 3569 | 75.97% |
| Net Assets in Top 10 | 56.3 M | 635 K | 11.9 B | 81.40% |
| Weighting of Top 10 | 26.53% | 4.5% | 97.8% | 41.09% |
Top 10 Holdings
- Fair Isaac Corp 3.04%
- KKR Co Inc 2.83%
- Trade Desk Inc/The 2.76%
- Interactive Brokers Group Inc - A Shares 2.75%
- Palantir Technologies Inc 2.70%
- XPO Inc 2.66%
- Evercore Inc - Class A 2.57%
- Jones Lang LaSalle Inc 2.43%
- BJ's Wholesale Club Holdings Inc 2.42%
- Zebra Technologies Corp 2.38%
Asset Allocation
| Weighting | Return Low | Return High | PGWIX % Rank | |
|---|---|---|---|---|
| Stocks | 97.79% | 58.72% | 103.99% | 65.70% |
| Cash | 3.82% | 0.00% | 28.07% | 14.53% |
| Preferred Stocks | 0.00% | 0.00% | 6.15% | 88.95% |
| Other | 0.00% | -0.11% | 14.15% | 87.98% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 87.79% |
| Bonds | 0.00% | 0.00% | 2.73% | 85.66% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PGWIX % Rank | |
|---|---|---|---|---|
| Technology | 34.41% | 0.04% | 62.17% | 32.95% |
| Healthcare | 22.16% | 0.00% | 37.06% | 17.25% |
| Consumer Cyclical | 11.86% | 0.00% | 57.41% | 67.44% |
| Industrials | 8.34% | 0.00% | 38.23% | 88.95% |
| Consumer Defense | 6.55% | 0.00% | 16.40% | 4.84% |
| Energy | 5.59% | 0.00% | 62.10% | 9.69% |
| Communication Services | 4.88% | 0.00% | 18.33% | 18.22% |
| Basic Materials | 4.15% | 0.00% | 17.25% | 20.35% |
| Financial Services | 2.07% | 0.00% | 43.01% | 93.41% |
| Utilities | 0.00% | 0.00% | 12.94% | 90.70% |
| Real Estate | 0.00% | 0.00% | 19.28% | 97.48% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PGWIX % Rank | |
|---|---|---|---|---|
| US | 97.79% | 46.79% | 103.99% | 57.75% |
| Non US | 0.00% | 0.00% | 34.12% | 88.95% |
PGWIX - Expenses
Operational Fees
| PGWIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.79% | 0.02% | 17.54% | 79.84% |
| Management Fee | 0.65% | 0.00% | 1.50% | 38.64% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.40% | N/A |
Sales Fees
| PGWIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| PGWIX 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.
| PGWIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 114.50% | 0.00% | 250.31% | 91.83% |
PGWIX - Distributions
Dividend Yield Analysis
| PGWIX | Category Low | Category High | PGWIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 33.43% | 89.15% |
Dividend Distribution Analysis
| PGWIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| PGWIX | Category Low | Category High | PGWIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.24% | -2.24% | 2.75% | 22.24% |
Capital Gain Distribution Analysis
| PGWIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 20, 2021 | $2.155 | OrdinaryDividend |
| Dec 18, 2020 | $1.255 | OrdinaryDividend |
| Dec 19, 2019 | $0.358 | CapitalGainLongTerm |
| Dec 19, 2018 | $1.106 | CapitalGainLongTerm |
| Dec 20, 2017 | $0.311 | CapitalGainLongTerm |
| Dec 22, 2016 | $0.025 | OrdinaryDividend |
| Dec 17, 2014 | $1.112 | CapitalGainShortTerm |
| Dec 17, 2014 | $0.478 | CapitalGainLongTerm |
| Dec 18, 2013 | $1.118 | CapitalGainShortTerm |
| Dec 18, 2013 | $0.748 | CapitalGainLongTerm |
| Dec 19, 2012 | $0.419 | CapitalGainLongTerm |
| Dec 19, 2011 | $0.199 | CapitalGainShortTerm |
| Dec 19, 2011 | $0.716 | CapitalGainLongTerm |
| Dec 21, 2009 | $0.001 | OrdinaryDividend |
| Dec 21, 2007 | $0.066 | CapitalGainShortTerm |
| Dec 21, 2007 | $0.500 | CapitalGainLongTerm |
PGWIX - Fund Manager Analysis
Managers
Christopher Corbett
Start Date
Tenure
Tenure Rank
Feb 01, 2017
5.33
5.3%
Mr. Corbett joined Columbus Circle Investors in May, 2006. Prior to becoming Managing Director and Portfolio Manager, Mr. Corbett held the position of Senior Vice President/Co-Portfolio Manager. Prior to becoming Senior Vice President/Co-Portfolio Manager, he held the position of Senior Securities Analyst. Prior to this, he was an Associate Analyst for Banc of America. Mr. Corbett also worked as an Associate Analyst with UBS and as an Investment Analyst for Driehaus Capital Management. Mr. Corbett received his M.B.A. in Finance and Management and B.B.A. in Accounting from the University of Notre Dame. Mr. Corbett has earned the right to use the Chartered Financial Analyst designation and is a member of the CFA Society New York (formerly known as the New York Society of Security Analysts).
Marc Shapiro
Start Date
Tenure
Tenure Rank
Dec 18, 2020
1.45
1.5%
Marc R. Shapiro has been with CCI since 2004. He earned a B.A. in Finance and Marketing from Emory University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.3 | 9.42 | 11.76 |
