Principal SmallCap S&P 600 Index R3 (PSSMX) Fund Ranking and Research

Ranking, Research and Recommendation of Principal SmallCap S&P 600 Index R3 (PSSMX) Fund

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Fund Manager - Thomas L. Kruchten

Fund Manager Information

Fund Manager Tenure: 8.2 years
Similar Funds: PSSIX  PSSJX  PSSNX  PSSPX  PSSSX
Fund Family: Principal Funds
Fund Category: Small Blend
Fund Performance: May 30, 2016
Fundmojo Fund Grade: A+ (Score: 0.82)     (What does this score mean?)
Thomas L. Kruchten has been with Principal Global Investors, LLC since 2005. He earned a B.A. in finance from the University of Northern Iowa. Mr. Kruchten has earned the right to use the Chartered Financial Analyst designation and is a member of the CFA Society of Iowa.  Get more insights on Thomas L. Kruchten

Principal SmallCap S&P 600 Index R3 Fund (PSSMX) Profile

Fund Profile and Description

Principal SmallCap S&P 600 Index R3 Fund seeks long-term growth of capital. Principal SmallCap S&P 600 Index R3 Fund normally invests at least 80% of the assets in common stocks of companies that compose the Standard & Poorâs (âS&Pâ) SmallCap 600 index. It attempts to mirror the investment performance of the index by allocating the fundâs assets in approximately the same weightings as the S&P SmallCap 600 index.

What we like about Principal SmallCap S&P 600 Index R3 (PSSMX) Fund

Data for Principal SmallCap S&P 600 Index R3 Fund (PSSMX) as of May 30, 2016

Principal SmallCap S&P 600 Index R3 Fund (PSSMX) management has been with Principal SmallCap S&P 600 Index R3 Fund for 8.2 years
Principal SmallCap S&P 600 Index R3 Fund (PSSMX) has good short-term performance (1-year return -0.52% vs -5.18% Small Blend category median performance)
Principal SmallCap S&P 600 Index R3 Fund (PSSMX) has good mid-term performance (3-year return 9.08% vs 6.96% Small Blend category median performance)
Principal SmallCap S&P 600 Index R3 Fund (PSSMX) has good Long-term performance (5-year return 9.79% vs 7.84% Small Blend category median performance)
Principal SmallCap S&P 600 Index R3 Fund (PSSMX) ratio of up-years vs down years is greater than 2
Principal SmallCap S&P 600 Index R3 Fund (PSSMX) has a Morningstar rating of 4 and above
Asset base in Principal SmallCap S&P 600 Index R3 Fund (PSSMX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
Principal SmallCap S&P 600 Index R3 Fund (PSSMX) has an annual stock turnover rate of 19.90% vs Small Blend average of 52.13%. It is good that Principal SmallCap S&P 600 Index R3 management does not trade extensively for its return.
Principal SmallCap S&P 600 Index R3 Fund (PSSMX) is less volatile than its peers as it has a 3-year Standard Deviation of 14.08, lower than category average of 14.58
Principal SmallCap S&P 600 Index R3 Fund (PSSMX) has a lower expense ratio than its Small Blend average: 0.73% vs 1.22%

What we are cautious about Principal SmallCap S&P 600 Index R3 (PSSMX) Fund

Data for Principal SmallCap S&P 600 Index R3 Fund (PSSMX) as of May 30, 2016

Even though Principal SmallCap S&P 600 Index R3 Fund carries no load, it does have a 0.25% of 12b1 promotion, distributions, marketing expenses

See Principal SmallCap S&P 600 Index R3 Fund (PSSMX) performance details as of May 30, 2016

What do you think?

Compare with other top Small Blend category mutual funds

Aadditional top Small Blend mutual funds for your consideration

Fund	Year to Date	1 Year	3 year	5 year
Principal SmallCap S&P 600 Index R3	5.22	-0.52	9.08	9.79
Voya Small Company W (ISMWX)	5.84	0.39	9.50	9.36	Compare
Natixis Vaughan Nelson Small Cap Value A (NEFJX)	4.84	-1.74	10.70	10.01	Compare
CRM Small Cap Value Instl (CRISX)	4.71	-1.57	8.11	6.99	Compare

See top fund managers for Small Blend Category Funds

Compare with Small Blend category ETFs

Some Small Blend ETFs for your consideration

ETF	Year to Date	One Year	Three Year
SPDR S&P 600 Small Cap ETF (SLY)	5.61%	0.29%	9.84%
Wilshire Micro-Cap ETF (WMCR)	0	0	0
Vanguard Small-Cap ETF (VB)	0	0	0
Vanguard S&P Small-Cap 600 ETF (VIOO)	0	0	0
WisdomTree SmallCap Earnings ETF (EES)	0	0	0

Principal SmallCap S&P 600 Index R3 (PSSMX) Fund Net Asset

Track net asset change of Principal SmallCap S&P 600 Index R3 fund (PSSMX)

Date	Net Asset
05/2016	$1.14B
03/2016	$1.13B
02/2016	$1.05B

More historic net asset information on Principal SmallCap S&P 600 Index R3 Fund (PSSMX)

Principal SmallCap S&P 600 Index R3 (PSSMX) Fund Portfolio Allocation

Track portfolio allocation change of Principal SmallCap S&P 600 Index R3 fund (PSSMX)

Date	Cash	Stock	Bond	Other
04/2016	1.39%	98.6%	0%	0%
02/2016	2.92%	97.07%	0%	0%
01/2016	2.99%	97%	0%	0%

Click here to see more historic asset allocation information on Principal SmallCap S&P 600 Index R3 Fund (PSSMX)

Top 10 Holdings in Principal SmallCap S&P 600 Index R3 (PSSMX) Fund

Discover what Principal SmallCap S&P 600 Index R3 Fund (PSSMX) manager is buying

Apr 29, 2016

Russell 2000 Index Mini Futures June16 [1.37%]
Piedmont Natural Gas Company, I [0.78%]
ViaSat, Inc. [0.55%]
Medical Properties Trust, Inc. [0.51%]
Southwest Gas Corporation Commo [0.49%]
EMCOR Group, Inc. Common Stock [0.47%]
Take-Two Interactive Software, [0.46%]
Blackbaud, Inc. [0.46%]
PDC Energy, Inc. [0.45%]
Helen of Troy Limited [0.45%]

Feb 28, 2016

Russell 2000 Index Mini Futures June16 [1.62%]
Piedmont Natural Gas Company, I [0.77%]
Heartland Payment Systems, Inc. [0.56%]
ViaSat, Inc. [0.52%]
Take-Two Interactive Software, [0.5%]
Medical Properties Trust, Inc. [0.49%]
Southwest Gas Corporation Commo [0.49%]
NorthWestern Corporation Common [0.47%]
EMCOR Group, Inc. Common Stock [0.47%]
Blackbaud, Inc. [0.47%]

Jan 30, 2016

Russell 2000 Mini Mar16 [2.95%]
Piedmont Natural Gas Company, I [0.79%]
Heartland Payment Systems, Inc. [0.57%]
ABIOMED, Inc. [0.56%]
NewJersey Resources Corporation [0.51%]
PrivateBancorp, Inc. [0.5%]
Healthcare Realty Trust Incorpo [0.49%]
Take-Two Interactive Software, [0.49%]
EMCOR Group, Inc. Common Stock [0.48%]
Blackbaud, Inc. [0.48%]

Click here for Stock Holding Change Map in Principal SmallCap S&P 600 Index R3 Fund (PSSMX)

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