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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: $25.67 on 9/29/2014, Change: -0.08 (-0.31%)

 

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

Fund Manager Information

Fund Manager Tenure: 6.5 years
Similar Funds: PEIIX  PEINX  PEIPX  PEIQX 
Fund Family: Principal Funds
Fund Category: Large Value
Fund Performance: Aug 30, 2014
Fundmojo Fund Grade: B (Score: 0.68)     (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 Aug 30, 2014

  • Principal Equity Income R3 Fund (PEIOX) management has been with Principal Equity Income R3 Fund for 6.5 years
  • Principal Equity Income R3 Fund (PEIOX) has good Long-term performance (5-year return 15.52% vs 15.00% Large Value category median performance)
  • Principal Equity Income R3 Fund (PEIOX) ratio of up-years vs down years is greater than 2
  • Principal Equity Income R3 Fund (PEIOX) has an annual stock turnover rate of 16.40% vs Large Value average of 34.98%. 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 10.85, lower than category average of 12.08
  • Principal Equity Income R3 Fund (PEIOX) has a lower expense ratio than its Large Value average: 1.08% vs 1.13%

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 Aug 30, 2014

  • Principal Equity Income R3 Fund (PEIOX) has a less-than-ideal short-term performance (1-year return 22.22% vs 22.26% Large Value category median performance)
  • Principal Equity Income R3 Fund (PEIOX) has a less-than-ideal mid-term performance (3-year return 17.87% vs 19.29% Large Value category median performance)
  • Principal Equity Income R3 Fund (PEIOX) has a Morningstar rating of 3 and below
  • Principal Equity Income R3 Fund (PEIOX) is less safe compared to its Large Value peers
  • 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 Aug 30, 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 R39.4222.2217.8715.52
American Funds Washington Mutual R6 (RWMGX)8.6923.3519.7316.98Compare
Federated MDT Stock Instl (FMSTX)12.2829.5426.1017.97Compare
VY Invesco Comstock I (IVKIX)9.0623.5521.6816.74Compare

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)11.03%26.23%22.07%
WisdomTree LargeCap Value (EZY)9.67%25.47%19.47%
RevenueShares Large Cap (RWL)8.90%25.42%22.54%
PowerShares Dynamic Large Cap Value (PWV)11.14%25.19%22.54%
PowerShares FTSE RAFI US 1000 (PRF)9.66%24.86%21.65%

 

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
08/2014$5.98B
07/2014$5.76B
06/2014$5.91B
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
08/20142.95%97.05%0%0%
06/20142.35%97.65%0%0%
05/20142.56%97.44%0%0%
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

Aug 30, 2014
Apple Inc. [2.21%]
Merck & Company, Inc. Common St [2.19%]
MetLife, Inc. Common Stock [2.18%]
Marathon Petroleum Corporation [2.01%]
Kroger Company (The) Common Sto [2%]
Ace Limited Common Stock [1.99%]
JP Morgan Chase & Co. Common St [1.98%]
Occidental Petroleum Corporatio [1.91%]
Digital Realty Trust, Inc. Comm [1.9%]
Deere & Company Common Stock [1.9%]

Jun 29, 2014
MetLife, Inc. Common Stock [2.19%]
Merck & Company, Inc. Common St [2.12%]
Royal Dutch Shell PLC ADR Class B [2.11%]
Digital Realty Trust, Inc. Comm [2.07%]
Deere & Company Common Stock [2.06%]
Apple Inc. [2.04%]
Ace Limited Common Stock [1.97%]
Kroger Company (The) Common Sto [1.95%]
BlackRock, Inc. Common Stock [1.92%]
Occidental Petroleum Corporatio [1.9%]

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%]
Click here for Stock Holding Change Map in Principal Equity Income R3 Fund (PEIOX)

  

Latest News on Principal Equity Income R3 (PEIOX) Fund

See what is happening with Principal Equity Income R3 Fund (PEIOX)

 

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

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