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Look at These 3 Mutual Funds From the Principal Portfolio
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Principal Financial Group is a renowned publicly owned global investment management firm focused on offering financial tools, resources and information to investors. This Des Moines, IA based fund family aims to support the requirements of both individual and institutional investors with their asset management services, insurance and retirement solutions.
Principal Financial Group was founded in 1879 and manages assets worth over $655.5 billion (as of Sep 30, 2017) raised all over the globe. It offers investment management strategies and services in 18 countries. The company invests in equities, multi-assets, fixed income real estates and alternative markets.
Principal High Yield A (CPHYX - Free Report) seeks to offer growth of income. CPHYX invests a bulk of its assets in below investment rate bonds or high yield bonds future rated Ba1 or lower by Moody's and BB+ or lower by S&P Global. Principal High Yield A has returned 6.6% over the last year.
CPHYX has an expense ratio of 0.91% compared with the category average of 1.02%.
Principal LargeCap Value J seeks capital appreciation in the long run. PVLJX invests a minimum of 80% of its assets in equity securities of large-cap companies listed on the Russell 1000 Value Index. In this index, the market cap of companies ranges between $394.9 million and $634.4 billion. Principal LargeCap Value J has returned 21.6% over the last 12 months.
As of December 2017, PVLJX held 82 issues with 4.51% of its assets invested in Johnson & Johnson.
Principal MidCap S&P 400 Index J (PMFJX - Free Report) invests the lion’s share of its assets in equities of mid-cap companies, which are included on the S&P MidCap 400 Index. In this index, the market cap of companies ranges between $952.0 million and $10.5 billion. PMFJX seeks growth of capital in the long run. Principal MidCap S&P 400 Index J has returned 17.6% over the last year.
Thomas Kruchten is one of the fund managers of PMFJX since 2011.
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Look at These 3 Mutual Funds From the Principal Portfolio
Principal Financial Group is a renowned publicly owned global investment management firm focused on offering financial tools, resources and information to investors. This Des Moines, IA based fund family aims to support the requirements of both individual and institutional investors with their asset management services, insurance and retirement solutions.
Principal Financial Group was founded in 1879 and manages assets worth over $655.5 billion (as of Sep 30, 2017) raised all over the globe. It offers investment management strategies and services in 18 countries. The company invests in equities, multi-assets, fixed income real estates and alternative markets.
Below we share with you three top-ranked Principal Financial mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of Principal Financial funds.
Principal High Yield A (CPHYX - Free Report) seeks to offer growth of income. CPHYX invests a bulk of its assets in below investment rate bonds or high yield bonds future rated Ba1 or lower by Moody's and BB+ or lower by S&P Global. Principal High Yield A has returned 6.6% over the last year.
CPHYX has an expense ratio of 0.91% compared with the category average of 1.02%.
Principal LargeCap Value J seeks capital appreciation in the long run. PVLJX invests a minimum of 80% of its assets in equity securities of large-cap companies listed on the Russell 1000 Value Index. In this index, the market cap of companies ranges between $394.9 million and $634.4 billion. Principal LargeCap Value J has returned 21.6% over the last 12 months.
As of December 2017, PVLJX held 82 issues with 4.51% of its assets invested in Johnson & Johnson.
Principal MidCap S&P 400 Index J (PMFJX - Free Report) invests the lion’s share of its assets in equities of mid-cap companies, which are included on the S&P MidCap 400 Index. In this index, the market cap of companies ranges between $952.0 million and $10.5 billion. PMFJX seeks growth of capital in the long run. Principal MidCap S&P 400 Index J has returned 17.6% over the last year.
Thomas Kruchten is one of the fund managers of PMFJX since 2011.
To view the Zacks Rank and past performance of all Principal Financial mutual funds, investors can click here to see the complete list of Principal Financial funds.
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