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Principal Real Estate Securities Inst (PIREX) Fund Ranking and Research

Ranking, Research and Recommendation of Principal Real Estate Securities Inst (PIREX) Fund

    Last Trade: $23.09 on 5/23/2017, Change: +0.03 (0.13%)

 

Graph of Principal Real Estate Securities Inst Fund (PIREX) ManagerFund Manager - Anthony D. Kenkel

Fund Manager Information

Fund Manager Tenure: 4.9 years
Similar Funds: PIRPX 
Fund Family: Principal Funds
Fund Category: Real Estate
Fund Performance: May 30, 2016
Fundmojo Fund Grade: A (Score: 0.74)     (What does this score mean?)

 

Graph of Principal Real Estate Securities Inst Fund (PIREX) ProfilePrincipal Real Estate Securities Inst Fund (PIREX) Profile

Fund Profile and Description

Principal Real Estate Securities Inst Fund seeks to generate a total return. Principal Real Estate Securities Inst Fund normally invests at least 80% of the net assets (plus any borrowings for investment purposes) in equity securities of companies principally engaged in the real estate industry, which include real estate investment trusts and companies with substantial real estate holdings such as paper, lumber, hotel and entertainment companies. It is non-diversified.

 

Principal Real Estate Securities Inst (PIREX) Fund Strength What we like about Principal Real Estate Securities Inst (PIREX) Fund

Data for Principal Real Estate Securities Inst Fund (PIREX) as of May 30, 2016

  • Principal Real Estate Securities Inst Fund (PIREX) management has been with Principal Real Estate Securities Inst Fund for 4.9 years
  • Principal Real Estate Securities Inst Fund (PIREX) has good short-term performance (1-year return 10.22% vs 9.01% Real Estate category median performance)
  • Principal Real Estate Securities Inst Fund (PIREX) has good mid-term performance (3-year return 11.62% vs 9.69% Real Estate category median performance)
  • Principal Real Estate Securities Inst Fund (PIREX) has good Long-term performance (5-year return 10.84% vs 9.40% Real Estate category median performance)
  • Principal Real Estate Securities Inst Fund (PIREX) ratio of up-years vs down years is greater than 2
  • Principal Real Estate Securities Inst Fund (PIREX) has a Morningstar rating of 4 and above
  • Asset base in Principal Real Estate Securities Inst Fund (PIREX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Principal Real Estate Securities Inst Fund (PIREX) has an annual stock turnover rate of 26.20% vs Real Estate average of 61.66%. It is good that Principal Real Estate Securities Inst management does not trade extensively for its return.
  • Principal Real Estate Securities Inst Fund (PIREX) has a lower expense ratio than its Real Estate average: 0.89% vs 1.28%
  • Principal Real Estate Securities Inst Fund (PIREX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Principal Real Estate Securities Inst Fund (PIREX) Weakness What we are cautious about Principal Real Estate Securities Inst (PIREX) Fund

Data for Principal Real Estate Securities Inst Fund (PIREX) as of May 30, 2016

  • Principal Real Estate Securities Inst Fund (PIREX) is more volatile than its peers as it has a 3-year Standard Deviation of 14.88 that is higher than category average of 14.6
  • As a Real Estate focused fund, Principal Real Estate Securities Inst Fund (PIREX) is less diversified and has inherited sector risks associated with the fund
See Principal Real Estate Securities Inst Fund (PIREX) performance details as of May 30, 2016

 

What do you think?

 

Compare Principal Real Estate Securities Inst Fund (PIREX)Compare with other top Real Estate category mutual funds

Aadditional top Real Estate mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Principal Real Estate Securities Inst4.5310.2211.6210.84
Cohen & Steers Real Estate Securities A (CSEIX)4.9712.0412.7011.08Compare
Fidelity Real Estate Investment Port (FRESX)5.4713.1611.0110.65Compare
Goldman Sachs Real Estate Securities Ins (GREIX)4.4810.0510.3410.22Compare

See top fund managers for Real Estate Category Funds

 

Compare Principal Real Estate Securities Inst Fund (PIREX)Compare with Real Estate category ETFs

Some Real Estate ETFs for your consideration

ETFYear to DateOne YearThree Year
SPDR Dow Jones REIT ETF (RWR)3.89%9.97%10.25%
iShares US Real Estate (IYR)5.47%8.55%8.64%
Wilshire US REIT ETF (WREI)4.51%11.20%10.78%
iShares Real Estate 50 (FTY)4.72%10.99%9.37%
Schwab US REIT ETF (SCHH)4.03%10.20%10.44%

 

Graph of Principal Real Estate Securities Inst Fund (PIREX) Net Asset TrackingPrincipal Real Estate Securities Inst (PIREX) Fund Net Asset

Track net asset change of Principal Real Estate Securities Inst fund (PIREX)

DateNet Asset
05/2016$2.74B
03/2016$2.62B
02/2016$2.37B
More historic net asset information on Principal Real Estate Securities Inst Fund (PIREX)

  

Graph of Principal Real Estate Securities Inst Fund (PIREX) Portfolio TrackingPrincipal Real Estate Securities Inst (PIREX) Fund Portfolio Allocation

Track portfolio allocation change of Principal Real Estate Securities Inst fund (PIREX)

DateCashStockBondOther
04/20163.07%96.94%0%0%
02/20162.19%97.81%0%0%
01/20162.75%97.25%0%0%
Click here to see more historic asset allocation information on Principal Real Estate Securities Inst Fund (PIREX)

 

graph of Principal Real Estate Securities Inst Fund (PIREX) Top 10 Position TrackingTop 10 Holdings in Principal Real Estate Securities Inst (PIREX) Fund

Discover what Principal Real Estate Securities Inst Fund (PIREX) manager is buying

Apr 29, 2016
Simon Property Group, Inc. Comm [11.92%]
Welltower Inc. Common Stock [5.48%]
Equinix, Inc. [5.1%]
AvalonBay Communities, Inc. Com [4.77%]
Boston Properties, Inc. Common [4.49%]
Essex Property Trust, Inc. Comm [4.47%]
ProLogis, Inc. Common Stock [4.45%]
Equity Residential Common Share [4.12%]
General Growth Properties, Inc. [4.05%]
Public Storage Common Stock [3.7%]

Feb 28, 2016
Simon Property Group, Inc. Comm [11.94%]
Welltower Inc. Common Stock [5.39%]
Equity Residential Common Share [5.09%]
AvalonBay Communities, Inc. Com [5.01%]
Equinix, Inc. [4.9%]
Essex Property Trust, Inc. Comm [4.75%]
Boston Properties, Inc. Common [4.36%]
ProLogis, Inc. Common Stock [4.31%]
Public Storage Common Stock [4.21%]
General Growth Properties, Inc. [4.15%]

Jan 30, 2016
Simon Property Group, Inc. Comm [11.71%]
Public Storage Common Stock [6.95%]
Equity Residential Common Share [5.63%]
Essex Property Trust, Inc. Comm [5%]
Equinix, Inc. [4.99%]
AvalonBay Communities, Inc. Com [4.87%]
General Growth Properties, Inc. [4.39%]
Boston Properties, Inc. Common [4.36%]
Welltower Inc. Common Stock [4.3%]
ProLogis, Inc. Common Stock [4.21%]
Click here for Stock Holding Change Map in Principal Real Estate Securities Inst Fund (PIREX)

  

Latest News on Principal Real Estate Securities Inst (PIREX) Fund

See what is happening with Principal Real Estate Securities Inst Fund (PIREX)

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Principal Real Estate Securities Inst Fund (PIREX) Related ResourcesSee more information on Principal Real Estate Securities Inst (PIREX) Fund

Popular pages on Principal Real Estate Securities Inst (PIREX) Fund

  

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