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Principal Equity Income Inst (PEIIX)

26.30 Up 0.09(0.34%) Aug 29

Profile as of Jul 30, 2014Get Profile for:
Principal Equity Income Inst
Principal Funds IncPrincipal Financial Group 711 High StDes Moines, IA 50392
Phone: 800-222-5852
Fund Overview 
Category:Large Value
Fund Family:Principal Funds
Net Assets:5.76B
Year-to-Date Return:5.76%
Morningstar Rating:4 stars
Fund Inception Date:Aug 1, 2000
Morningstar Style Box 
Large Value
[View Category Definition]
View Top Large Value Funds
About the Morningstar Style Box
Management Information 
David W. Simpson
Lead Manager since Mar 31, 2008
David W. Simpson, CFA - Portfolio Manager David is a portfolio manager at Edge Asset Management, an affiliate of Principal Global Investors. David joined Edge in 2003. Previously, he was chief investment officer and managing director for Summit Capital Management. He received an MBA in finance from the University of Wisconsin and a bachelor's degree from the University of Illinois. David has earned the right to use the Chartered Financial Analyst designation.
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
PEIIX can be purchased from 41 brokerages.

Fund Summary 
The investment seeks to provide a relatively high level of current income and long-term growth of income and capital. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities. It usually invests in equity securities of companies with large market capitalizations. For this Fund, companies with large market capitalizations are those with market capitalizations within the range of companies comprising the Russell 1000 ® Value Index. The fund also invests in real estate investment trusts and securities of foreign issuers.

Fund Operations 
Last Dividend (Jun 29, 2014) : 0.13
Last Cap Gain : 0.00
Annual Holdings Turnover (Aug 27, 2014) : 16.40%
Average for Category:33.27%
Fees & Expenses 
ExpensePEIIXCategory Avg
Annual Report Expense Ratio (net):0.52%1.13%
Prospectus Net Expense Ratio:0.52%N/A
Prospectus Gross Expense Ratio:0.52%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A5.38%
Max Deferred Sales Load: N/A2.34%
3 Yr Expense Projection*:167528
5 Yr Expense Projection*:291837
10 Yr Expense Projection*:6531,674
* Per $10,000 invested