PAEDX - Principal Real Estate Allocation A

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Principal Real Estate Allocation A

Principal Funds IncPrincipal Financial Group 711 High StDes Moines, IA 50392
800-222-5852
Management Information
Kelly Rush,Lead Manager since December 30, 2014
Kelly D. Rush, CFA - Head of Real Estate Securities As head of real estate securities, Kelly directs the domestic and global real estate investment trust (REIT) activity for Principal Real Estate Investors, the dedicated real estate group of Principal Global Investors. He has experience in both separate account and pooled fund management, and has been managing real estate stock portfolios since 1997. Previously, Kelly was responsible for analyzing and recommending investments in bonds issued of public real estate companies and mortgage loans provided to them. He has been with the real estate investment area of the firm since 1987. Kelly received an MBA in business administration and a bachelor's degree in finance from the University of Iowa. He has earned the right to use the Chartered Financial Analyst designation. Kelly is a member of the Iowa Society of Financial Analysts and the CFA Institute.
Morningstar Style Box
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Morningstar Category
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Fund Overview

CategoryGlobal Real Estate
Fund FamilyPrincipal Funds
Net Assets1.56M
YTD Return8.01%
Yield2.66%
Morningstar RatingN/A1
Inception DateDec 30, 2014

Fund Operations

Last Dividend0.05
Last Cap Gain0.00
Holdings Turnover44.40%
Average for CategoryN/A

Fees & Expenses

ExpensePAEDXCategory Average
Annual Report Expense Ratio (net)0.50%1.34%
Prospectus Net Expense Ratio1.27%N/A
Prospectus Gross Expense Ratio10.05%N/A
Max 12b1 Fee0.25%N/A
Max Front End Sales Load5.50%5.34%
Max Deferred Sales LoadN/A1.63%
3 Yr Expense Projection2,544N/A
5 Yr Expense Projection4,232N/A
10 Yr Expense Projection7,760N/A