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Principal Intl Emerging Markets R3 (PEAPX)

26.20 Up 0.05(0.19%) Aug 22

Profile as of Jul 30, 2014Get Profile for:
Principal Intl Emerging Markets R3
Principal Funds IncPrincipal Financial Group 711 High StDes Moines, IA 50392
Phone: 800-222-5852
Fund Overview 
Category:Diversified Emerging Mkts
Fund Family:Principal Funds
Net Assets:2.08B
Year-to-Date Return:4.27%
Morningstar Rating:3 stars
Fund Inception Date:Dec 6, 2000
Morningstar Style Box 
Diversified Emerging Mkts
[View Category Definition]
View Top Diversified Emerging Mkts Funds
About the Morningstar Style Box
Management Information 
Mohammed Zaidi
Lead Manager since Dec 6, 2012
Mohammed is a portfolio manager for Principal Global Equities. Based in Singapore, he serves as co-portfolio manager for global emerging markets equity strategies and head of emerging Asia equity strategies. Mohammed’s career began in 1997 as an emerging markets analyst and portfolio manager with global macro hedge fund manager VZB Capital. He joined Principal in 2001 as an emerging markets equity analyst focused on fundamental stock selection. He was also a key analyst responsible for the initial development of our proprietary Global Research Platform (GRP), with a specific focus on tailoring the GRP to emerging markets and Asian equities. After departing the firm in 2006, Mohammed served as an emerging markets portfolio manager and analyst with Martin Currie Investment Management and the same team’s predecessor employer, Scottish Widows Investment Partnership. He has an MBA from the Massachusetts Institute of Technology, Sloan School of Management, and a bachelor’s degree in economics from the Wharton School, University of Pennsylvania.
Investment Information 
Min Initial Investment:0
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:N/A
Min Subsequent Investment:N/A
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:N/A
PEAPX can be purchased from 28 brokerages.

Fund Summary 
The investment seeks long-term growth of capital. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of emerging market companies at the time of each purchase. "Emerging market country" means any country which is considered to be an emerging country by the international financial community (including the MSCI Emerging Markets Index or Barclays Emerging Markets USD Aggregate Bond). It invests in equity securities of small, medium, and large market capitalization companies. The fund actively trades portfolio securities.

Fund Operations 
Last Dividend (Dec 26, 2012) : 0.24
Last Cap Gain : 0.00
Annual Holdings Turnover (Dec 30, 2013) : 117.20%
Average for Category:46.80%
Fees & Expenses 
ExpensePEAPXCategory Avg
Annual Report Expense Ratio (net):1.80%1.56%
Prospectus Net Expense Ratio:1.80%N/A
Prospectus Gross Expense Ratio:1.80%N/A
Max 12b1 Fee:0.25%N/A
Max Front End Sales Load:N/A5.32%
Max Deferred Sales Load: N/A1.73%
3 Yr Expense Projection*:5661,065
5 Yr Expense Projection*:9751,311
10 Yr Expense Projection*:2,1162,713
* Per $10,000 invested