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Principal Real Estate Securities J (PREJX) Fund Ranking and Research

Ranking, Research and Recommendation of Principal Real Estate Securities J (PREJX) Fund

    Last Trade: $19.32 on 4/17/2014, Change: -0.08 (-0.41%)

 

Graph of Principal Real Estate Securities J Fund (PREJX) ManagerFund Manager - Kelly Rush

Fund Manager Information

Fund Manager Tenure: 13.4 years
Similar Funds: PRENX  PREPX  PRERX  PRETX 
Fund Family: Principal Funds
Fund Category: Real Estate
Fund Performance: Mar 30, 2014
Fundmojo Fund Grade: B (Score: 0.66)     (What does this score mean?)
Rush directs the Real Estate Investment Trust (REIT) activity for Principal Real Estate Investors, LLC. He has been managing the real estate stock portfolio since 1997. Previously, he participated in structuring commercial mortgage loans for public real estate companies and the analysis of real estate investment trust issued bonds. He has been with the real estate investment area of the firm since 1987. Rush holds the Chartered Financial Analyst designation.  Get more insights on Kelly Rush

 

Graph of Principal Real Estate Securities J Fund (PREJX) ProfilePrincipal Real Estate Securities J Fund (PREJX) Profile

Fund Profile and Description

Principal Real Estate Securities J Fund seeks to generate a total return. Principal Real Estate Securities J 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 J (PREJX) Fund Strength What we like about Principal Real Estate Securities J (PREJX) Fund

Data for Principal Real Estate Securities J Fund (PREJX) as of Mar 30, 2014

  • Principal Real Estate Securities J Fund (PREJX) management has been with Principal Real Estate Securities J Fund for 13.4 years
  • Principal Real Estate Securities J Fund (PREJX) has good short-term performance (1-year return 6.85% vs 4.08% Real Estate category median performance)
  • Principal Real Estate Securities J Fund (PREJX) has good mid-term performance (3-year return 10.70% vs 9.59% Real Estate category median performance)
  • Principal Real Estate Securities J Fund (PREJX) ratio of up-years vs down years is greater than 2
  • Principal Real Estate Securities J Fund (PREJX) has a Morningstar rating of 4 and above
  • Asset base in Principal Real Estate Securities J Fund (PREJX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Principal Real Estate Securities J Fund (PREJX) has an annual stock turnover rate of 42.10% vs Real Estate average of 61.09%. It is good that Principal Real Estate Securities J management does not trade extensively for its return.
  • Principal Real Estate Securities J Fund (PREJX) has a lower expense ratio than its Real Estate average: 1.29% vs 1.32%

Principal Real Estate Securities J Fund (PREJX) Weakness What we are cautious about Principal Real Estate Securities J (PREJX) Fund

Data for Principal Real Estate Securities J Fund (PREJX) as of Mar 30, 2014

  • Principal Real Estate Securities J Fund (PREJX) has a less-than-ideal Long-term performance (5-year return 26.51% vs 27.16% Real Estate category median performance)
  • Principal Real Estate Securities J Fund (PREJX) is more volatile than its peers as it has a 3-year Standard Deviation of 16.88 that is higher than category average of 16.28
  • Principal Real Estate Securities J Fund (PREJX) carries a 1% load
  • As a Real Estate focused fund, Principal Real Estate Securities J Fund (PREJX) is less diversified and has inherited sector risks associated with the fund
See Principal Real Estate Securities J Fund (PREJX) performance details as of Mar 30, 2014

 

What do you think?

 

Compare Principal Real Estate Securities J Fund (PREJX)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 J9.946.8510.7026.51
Natixis AEW Real Estate Y (NRFYX)10.064.5910.1528.25Compare
Cohen & Steers Realty Income I (CSDIX)9.675.8610.5129.51Compare
E.I.I. Realty Securities Instl (EIIRX)11.267.2611.6228.39Compare

See top fund managers for Real Estate Category Funds

 

Compare Principal Real Estate Securities J Fund (PREJX)Compare with Real Estate category ETFs

Some Real Estate ETFs for your consideration

ETFYear to DateOne YearThree Year
iShares FTSE NAREIT Industrial/ (FNIO)10.81%5.95%7.74%
Wilshire US REIT ETF (WREI)10.38%4.62%10.28%
Vanguard REIT Index ETF (VNQ)10.09%4.28%10.60%
Schwab US REIT ETF (SCHH)10.17%4.13%10.08%
SPDR Dow Jones REIT (RWR)10.18%3.97%9.95%

 

Graph of Principal Real Estate Securities J Fund (PREJX) Net Asset TrackingPrincipal Real Estate Securities J (PREJX) Fund Net Asset

Track net asset change of Principal Real Estate Securities J fund (PREJX)

DateNet Asset
03/2014$1.50B
02/2014$1.47B
01/2014$1.36B
More historic net asset information on Principal Real Estate Securities J Fund (PREJX)

  

Graph of Principal Real Estate Securities J Fund (PREJX) Portfolio TrackingPrincipal Real Estate Securities J (PREJX) Fund Portfolio Allocation

Track portfolio allocation change of Principal Real Estate Securities J fund (PREJX)

DateCashStockBondOther
02/20140.13%98.22%0%1.65%
01/20140%98.12%0%1.88%
11/20130%99.89%0%0.11%
Click here to see more historic asset allocation information on Principal Real Estate Securities J Fund (PREJX)

 

graph of Principal Real Estate Securities J Fund (PREJX) Top 10 Position TrackingTop 10 Holdings in Principal Real Estate Securities J (PREJX) Fund

Discover what Principal Real Estate Securities J Fund (PREJX) manager is buying

Feb 27, 2014
Simon Property Group, Inc. Comm [11.57%]
ProLogis, Inc. Common Stock [4.72%]
Boston Properties, Inc. Common [4.34%]
SL Green Realty Corporation Com [4.32%]
Host Hotels & Resorts, Inc. Com [4.21%]
Ventas, Inc. Common Stock [4.06%]
Public Storage Common Stock [3.95%]
General Growth Properties, Inc. [3.94%]
Vornado Realty Trust Common Sto [3.87%]
Health Care REIT, Inc. Common S [3.53%]

Jan 30, 2014
Simon Property Group, Inc. Comm [11.13%]
ProLogis, Inc. Common Stock [4.74%]
SL Green Realty Corporation Com [4.4%]
Host Hotels & Resorts, Inc. Com [4.25%]
Boston Properties, Inc. Common [4.15%]
Ventas, Inc. Common Stock [4.06%]
Vornado Realty Trust Common Sto [3.99%]
General Growth Properties, Inc. [3.88%]
Public Storage Common Stock [3.34%]
Essex Property Trust, Inc. Comm [3.24%]

Nov 29, 2013
Simon Property Group, Inc. Comm [12.32%]
ProLogis, Inc. Common Stock [6.51%]
Host Hotels & Resorts, Inc. Com [4.36%]
SL Green Realty Corporation Com [4.35%]
Boston Properties, Inc. Common [4.27%]
General Growth Properties, Inc. [4.2%]
Vornado Realty Trust Common Sto [4.04%]
Public Storage Common Stock [3.75%]
Essex Property Trust, Inc. Comm [3.19%]
Equity Residential Common Share [3.07%]
Click here for Stock Holding Change Map in Principal Real Estate Securities J Fund (PREJX)

  

Latest News on Principal Real Estate Securities J (PREJX) Fund

See what is happening with Principal Real Estate Securities J Fund (PREJX)

 

Principal Real Estate Securities J Fund (PREJX) Related ResourcesSee more information on Principal Real Estate Securities J (PREJX) Fund

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