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Trending ETFs

LargeCap Value Fund III

mutual fund
PPSFX
Payout Change
Pending
Price as of:
$20.6 +0.16 +0.78%
primary theme
U.S. Large-Cap Value Equity
share class
R3 (PPSFX) Instl (PLVIX) R5 (PPSRX) J (PLVJX)
PPSFX (Mutual Fund)

LargeCap Value Fund III

Payout Change
Pending
Price as of:
$20.6 +0.16 +0.78%
primary theme
U.S. Large-Cap Value Equity
share class
R3 (PPSFX) Instl (PLVIX) R5 (PPSRX) J (PLVJX)
PPSFX (Mutual Fund)

LargeCap Value Fund III

Payout Change
Pending
Price as of:
$20.6 +0.16 +0.78%
primary theme
U.S. Large-Cap Value Equity
share class
R3 (PPSFX) Instl (PLVIX) R5 (PPSRX) J (PLVJX)

Name

As of 12/24/2024

Price

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

LargeCap Value Fund III

PPSFX | Fund

$20.60

$3.22 B

0.87%

$0.18

1.34%

Vitals

YTD Return

15.3%

1 yr return

15.2%

3 Yr Avg Return

6.5%

5 Yr Avg Return

8.6%

Net Assets

$3.22 B

Holdings in Top 10

20.1%

52 WEEK LOW AND HIGH

$20.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.34%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 46.30%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/24/2024

Price

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

LargeCap Value Fund III

PPSFX | Fund

$20.60

$3.22 B

0.87%

$0.18

1.34%

PPSFX - Profile

Distributions

  • YTD Total Return 15.3%
  • 3 Yr Annualized Total Return 6.5%
  • 5 Yr Annualized Total Return 8.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.52%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    LargeCap Value Fund III
  • Fund Family Name
    Principal Funds
  • Inception Date
    Jun 25, 2003
  • Shares Outstanding
    N/A
  • Share Class
    R3
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Randy Welch

Fund Description

Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in companies with large market capitalizations at the time of purchase. For this Fund, companies with large market capitalizations are those with market capitalizations within the range of companies comprising the Russell 1000® Value Index (as of January 31, 2024, this range was between approximately $353.3 million and $837.9 billion). The Fund invests in value equity securities, an investment strategy that emphasizes buying equity securities that appear to be undervalued. The Fund also invests in equity securities of companies with medium market capitalizations.
The Fund is primarily actively managed by the sub-advisors. In addition, Principal Global Investors, LLC may invest up to 30% of the Fund’s assets using an index sampling strategy designed to match the performance of the Russell 1000® Value Index.
Read More

PPSFX - Performance

Return Ranking - Trailing

Period PPSFX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.3% -32.7% 51.5% 44.89%
1 Yr 15.2% -32.4% 51.6% 46.30%
3 Yr 6.5%* -9.5% 17.8% 52.85%
5 Yr 8.6%* -2.1% 43.8% 61.65%
10 Yr 8.4%* 1.2% 24.7% 49.41%

* Annualized

Return Ranking - Calendar

Period PPSFX Return Category Return Low Category Return High Rank in Category (%)
2023 6.7% -16.9% 46.1% 43.34%
2022 -13.4% -64.7% 4.6% 64.26%
2021 14.0% -44.2% 57.5% 61.70%
2020 1.7% -23.2% 285.0% 29.62%
2019 19.0% -21.4% 48.5% 51.09%

Total Return Ranking - Trailing

Period PPSFX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.3% -32.7% 51.5% 44.89%
1 Yr 15.2% -32.4% 51.6% 46.30%
3 Yr 6.5%* -9.5% 17.8% 52.85%
5 Yr 8.6%* -2.1% 43.8% 61.65%
10 Yr 8.4%* 1.2% 24.7% 49.41%

* Annualized

Total Return Ranking - Calendar

Period PPSFX Return Category Return Low Category Return High Rank in Category (%)
2023 9.4% -15.9% 46.7% 64.35%
2022 -5.6% -42.0% 8.5% 50.57%
2021 23.6% 3.6% 129.7% 76.10%
2020 2.7% -22.6% 304.8% 52.91%
2019 25.7% -12.7% 52.1% 47.36%

NAV & Total Return History

PPSFX - Holdings

Concentration Analysis

PPSFX Category Low Category High PPSFX % Rank
Net Assets 3.22 B 2.09 M 163 B 29.75%
Number of Holdings 890 2 1727 0.94%
Net Assets in Top 10 761 M 466 K 39.5 B 31.99%
Weighting of Top 10 20.07% 4.4% 99.1% 88.00%

Top 10 Holdings

  1. Invesco Exchange-Traded Fund Trust - Invesco SP 500 Pure Value ETF 2.68%
  2. UnitedHealth Group Inc 2.47%
  3. Principal Government Money Market Fund - Class R-6 2.38%
  4. Bank of America Corp 2.24%
  5. Exxon Mobil Corp 2.15%
  6. Entergy Corp 1.76%
  7. JPMorgan Chase Co 1.68%
  8. Air Products and Chemicals Inc 1.61%
  9. Philip Morris International Inc 1.59%
  10. Fidelity National Information Services Inc 1.51%

Asset Allocation

Weighting Return Low Return High PPSFX % Rank
Stocks 		97.29% 4.16% 102.49% 66.88%
Cash 		2.73% 0.00% 17.28% 27.97%
Preferred Stocks 		0.00% 0.00% 13.68% 88.96%
Convertible Bonds 		0.00% 0.00% 3.66% 88.72%
Bonds 		0.00% 0.00% 97.99% 89.06%
Other 		-0.02% -2.59% 39.89% 94.95%

Stock Sector Breakdown

Weighting Return Low Return High PPSFX % Rank
Financial Services 		19.66% 0.00% 58.05% 46.74%
Healthcare 		15.94% 0.00% 30.08% 65.25%
Industrials 		12.16% 0.00% 42.76% 40.79%
Technology 		10.01% 0.00% 54.02% 53.35%
Energy 		9.51% 0.00% 54.00% 26.91%
Consumer Defense 		7.65% 0.00% 34.10% 59.87%
Communication Services 		6.13% 0.00% 26.58% 42.02%
Basic Materials 		5.79% 0.00% 20.01% 11.90%
Consumer Cyclical 		5.17% 0.00% 22.74% 61.76%
Real Estate 		4.49% 0.00% 90.54% 25.78%
Utilities 		3.48% 0.00% 27.04% 64.12%

Stock Geographic Breakdown

Weighting Return Low Return High PPSFX % Rank
US 		97.29% 4.16% 102.49% 51.26%
Non US 		0.00% 0.00% 24.08% 91.11%

PPSFX - Expenses

Operational Fees

PPSFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.34% 0.03% 14.82% 22.82%
Management Fee 0.76% 0.00% 1.50% 88.93%
12b-1 Fee 0.25% 0.00% 1.00% 56.88%
Administrative Fee 0.07% 0.00% 0.50% 28.52%

Sales Fees

PPSFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

PPSFX 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.

PPSFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 46.30% 0.00% 488.00% 63.28%

PPSFX - Distributions

Dividend Yield Analysis

PPSFX Category Low Category High PPSFX % Rank
Dividend Yield 0.87% 0.00% 16.67% 53.65%

Dividend Distribution Analysis

PPSFX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Quarterly

Net Income Ratio Analysis

PPSFX Category Low Category High PPSFX % Rank
Net Income Ratio 0.52% -1.51% 4.28% 87.93%

Capital Gain Distribution Analysis

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

Distributions History

View More +

PPSFX - Fund Manager Analysis

Managers

Randy Welch

Start Date

Tenure

Tenure Rank

Jun 02, 2009

13.0

13.0%

Mr. Welch is a Vice President of Principal Management Corporation. Mr. Welch joined the Principal Financial Group in 1989 and oversees the functions of the Investment Services group, which includes investment manager research, investment consulting, performance analysis, and investment communication. He is also responsible for the due diligence program that monitors investment managers used by the Principal Funds. Mr. Welch is an affiliate member of the Chartered Financial Analysts (CFA) Institute. Mr. Welch earned a B.A. in Business/ Finance from Grand View College and an M.B.A. from Drake University.

James Fennessey

Start Date

Tenure

Tenure Rank

Jun 02, 2009

13.0

13.0%

Mr. Fennessey, CFA, Vice President of Principal Management Corporation. Mr. Fennessey joined the Principal Financial Group in 2000. He is the Head of the Manager Research Team that is responsible for analyzing, interpreting and coordinating investment performance data and evaluation of the investment managers under the due diligence program that monitors investment managers used by the Principal Funds and is a member of the Principal Funds Investment Committee. Fennessey earned a B.S. in Business Administration, with an emphasis in Finance, and a minor in Economics from Truman State University. He has earned the right to use the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 86.59 8.12 6.71

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