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Principal MidCap Growth Fund R-2 Class (PGPPX)

11.71 +0.36 (+3.17%)
At close: March 1 at 8:00 PM EST

Fund Summary

The investment seeks long-term growth of capital. 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.

Principal MidCap Growth Fund R-2 Class

Principal Financial Group
711 High Street
800-222-5852

Fund Overview

Category Mid-Cap Growth
Fund Family Principal Funds
Net Assets 285.69M
YTD Return 10.68%
Yield 0.00%
Morningstar Rating
Inception Date Dec 06, 2000

Fund Operations

Last Dividend 0.00
Last Cap Gain 0.00
Holdings Turnover 120.60%
Average for Category --

Fees & Expenses

Expense PGPPX Category Average
Annual Report Expense Ratio (net) 1.42% 1.09%
Prospectus Net Expense Ratio 1.42% --
Prospectus Gross Expense Ratio 1.42% --
Max 12b1 Fee 0.30% --
Max Front End Sales Load -- 5.36%
Max Deferred Sales Load -- 1.27%
3 Yr Expense Projection 449 --
5 Yr Expense Projection 776 --
10 Yr Expense Projection 1,702 --

Management Information

Christopher R. Corbett, Lead Manager since February 01, 2017
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).

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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