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Principal Equity Income R3 (PEIOX) Fund Ranking and Research

Ranking, Research and Recommendation of Principal Equity Income R3 (PEIOX) Fund

    Last Trade: $25.63 on 7/30/2014, Change: -0.08 (-0.31%)

 

Graph of Principal Equity Income R3 Fund (PEIOX) ManagerFund Manager - David Simpson

Fund Manager Information

Fund Manager Tenure: 6.3 years
Similar Funds: PEIIX  PEINX  PEIPX  PEIQX 
Fund Family: Principal Funds
Fund Category: Large Value
Fund Performance: Jun 29, 2014
Fundmojo Fund Grade: A (Score: 0.77)     (What does this score mean?)
Simpson is a portfolio manager at Edge. Prior to joining Edge in 2003, he was chief investment officer and managing director for Summit Capital Management. Mr. Simpson received an MBA in finance from the University of Wisconsin and a bachelor's degree from the University of Illinois. He has earned the right to use the Chartered Financial Analyst designation. Simpson holds the Chartered Financial Analyst designation.  Get more insights on David Simpson

 

Graph of Principal Equity Income R3 Fund (PEIOX) ProfilePrincipal Equity Income R3 Fund (PEIOX) Profile

Fund Profile and Description

Principal Equity Income R3 Fund seeks to provide a relatively high level of current income and long-term growth of income and capital. Principal Equity Income R3 Fund invests primarily at least 80% of net assets (plus any borrowings for investment purposes) in dividend-paying common stocks and preferred stocks. It may invest up to 20% in fixed-income securities of any maturity, including below-investment-grade fixed-income securities and preferred securities. Principal Equity Income R3 Fund may also invest up to 20% in real estate investment trust securities.

 

Principal Equity Income R3 (PEIOX) Fund Strength What we like about Principal Equity Income R3 (PEIOX) Fund

Data for Principal Equity Income R3 Fund (PEIOX) as of Jun 29, 2014

  • Principal Equity Income R3 Fund (PEIOX) management has been with Principal Equity Income R3 Fund for 6.3 years
  • Principal Equity Income R3 Fund (PEIOX) has good short-term performance (1-year return 22.24% vs 22.19% Large Value category median performance)
  • Principal Equity Income R3 Fund (PEIOX) has good Long-term performance (5-year return 17.74% vs 17.32% Large Value category median performance)
  • Principal Equity Income R3 Fund (PEIOX) ratio of up-years vs down years is greater than 2
  • Asset base in Principal Equity Income R3 Fund (PEIOX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Principal Equity Income R3 Fund (PEIOX) has an annual stock turnover rate of 16.40% vs Large Value average of 42.33%. It is good that Principal Equity Income R3 management does not trade extensively for its return.
  • Principal Equity Income R3 Fund (PEIOX) is less volatile than its peers as it has a 3-year Standard Deviation of 11.14, lower than category average of 13.01
  • Principal Equity Income R3 Fund (PEIOX) has a lower expense ratio than its Large Value average: 1.08% vs 1.15%

Principal Equity Income R3 Fund (PEIOX) Weakness What we are cautious about Principal Equity Income R3 (PEIOX) Fund

Data for Principal Equity Income R3 Fund (PEIOX) as of Jun 29, 2014

  • Principal Equity Income R3 Fund (PEIOX) has a less-than-ideal mid-term performance (3-year return 14.96% vs 15.12% Large Value category median performance)
  • Principal Equity Income R3 Fund (PEIOX) has a Morningstar rating of 3 and below
  • Even though Principal Equity Income R3 Fund carries no load, it does have a 0.25% of 12b1 promotion, distributions, marketing expenses
See Principal Equity Income R3 Fund (PEIOX) performance details as of Jun 29, 2014

 

What do you think?

 

Compare Principal Equity Income R3 Fund (PEIOX)Compare with other top Large Value category mutual funds

Aadditional top Large Value mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Principal Equity Income R38.3422.2414.9617.74
American Funds Washington Mutual R6 (RWMGX)6.6922.8216.4718.79Compare
Federated MDT Stock Instl (FMSTX)9.9130.2920.0420.06Compare
INTECH U.S. Value T (JRSTX)7.2425.2717.1219.30Compare

See top fund managers for Large Value Category Funds

 

Compare Principal Equity Income R3 Fund (PEIOX)Compare with Large Value category ETFs

Some Large Value ETFs for your consideration

ETFYear to DateOne YearThree Year
First Trust Large Cap Value Opp AlphaDEX (FTA)9.17%26.89%17.15%
Grail American Beacon Large Value ETF (GVT)10.56%25.69%17.42%
WisdomTree LargeCap Value (EZY)7.34%25.47%14.81%
RevenueShares Large Cap (RWL)6.06%24.92%17.65%
PowerShares FTSE RAFI US 1000 (PRF)7.44%24.86%16.98%

 

Graph of Principal Equity Income R3 Fund (PEIOX) Net Asset TrackingPrincipal Equity Income R3 (PEIOX) Fund Net Asset

Track net asset change of Principal Equity Income R3 fund (PEIOX)

DateNet Asset
06/2014$5.91B
03/2014$5.64B
02/2014$5.56B
More historic net asset information on Principal Equity Income R3 Fund (PEIOX)

  

Graph of Principal Equity Income R3 Fund (PEIOX) Portfolio TrackingPrincipal Equity Income R3 (PEIOX) Fund Portfolio Allocation

Track portfolio allocation change of Principal Equity Income R3 fund (PEIOX)

DateCashStockBondOther
05/20142.56%97.44%0%0%
02/20140.55%97.72%0%1.73%
01/20140.01%97.95%0%2.04%
Click here to see more historic asset allocation information on Principal Equity Income R3 Fund (PEIOX)

 

graph of Principal Equity Income R3 Fund (PEIOX) Top 10 Position TrackingTop 10 Holdings in Principal Equity Income R3 (PEIOX) Fund

Discover what Principal Equity Income R3 Fund (PEIOX) manager is buying

May 30, 2014
Merck & Company, Inc. Common St [2.15%]
Deere & Company Common Stock [2.1%]
Digital Realty Trust, Inc. Comm [2.07%]
MetLife, Inc. Common Stock [2.04%]
Apple Inc. [2.02%]
Royal Dutch Shell PLC ADR Class B [2.01%]
Ace Limited Common Stock [1.99%]
Kroger Company (The) Common Sto [1.97%]
Occidental Petroleum Corporatio [1.87%]
BlackRock, Inc. Common Stock [1.86%]

Feb 27, 2014
Merck & Company, Inc. Common St [2.22%]
MetLife, Inc. Common Stock [2.1%]
Digital Realty Trust, Inc. Comm [2.06%]
Royal Dutch Shell PLC ADR Class B [2.01%]
Deere & Company Common Stock [2.01%]
BlackRock, Inc. Common Stock [1.99%]
JP Morgan Chase & Co. Common St [1.98%]
Pfizer, Inc. Common Stock [1.97%]
Ace Limited Common Stock [1.97%]
Mattel, Inc. [1.93%]

Jan 30, 2014
Merck & Company, Inc. Common St [2.19%]
MetLife, Inc. Common Stock [2.13%]
Deere & Company Common Stock [2.1%]
BlackRock, Inc. Common Stock [2.05%]
Digital Realty Trust, Inc. Comm [2.03%]
JP Morgan Chase & Co. Common St [2.02%]
Ace Limited Common Stock [1.98%]
Mattel, Inc. [1.98%]
Royal Dutch Shell PLC ADR Class B [1.96%]
Pfizer, Inc. Common Stock [1.95%]
Click here for Stock Holding Change Map in Principal Equity Income R3 Fund (PEIOX)

  

Latest News on Principal Equity Income R3 (PEIOX) Fund

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Principal Equity Income R3 Fund (PEIOX) Related ResourcesSee more information on Principal Equity Income R3 (PEIOX) Fund

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