Principal Capital Appreciation Fund (CMNWX)
The fund invests primarily in equity securities of companies with any market capitalization, but it has a greater exposure to large market capitalization companies than small or medium market capitalization companies. The managers seek to invest in securities of businesses that they believe are trading at a discount to their private market value (i.e., the value of the business if it was sold), have a competitive advantage, and/or that have barriers to entry in their respective industries.
Fund Info
| ISIN | US74254V3490 |
|---|---|
| CUSIP | 74254V349 |
| Issuer | Principal |
| Inception Date | Nov 24, 1986 |
| Category | Large Cap Blend Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
CMNWX has a high expense ratio of 0.80%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Principal Capital Appreciation Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Principal Capital Appreciation Fund had a return of 13.27% year-to-date (YTD) and 33.48% in the last 12 months. Over the past 10 years, Principal Capital Appreciation Fund had an annualized return of 12.83%, outperforming the S&P 500 benchmark which had an annualized return of 10.97%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 13.27% | 11.29% |
| 1 month | 5.02% | 4.87% |
| 6 months | 20.81% | 17.88% |
| 1 year | 33.48% | 29.16% |
| 5 years (annualized) | 15.45% | 13.20% |
| 10 years (annualized) | 12.83% | 10.97% |
Monthly Returns
The table below presents the monthly returns of CMNWX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.99% | 5.75% | 3.56% | -4.26% | 13.27% | ||||||||
| 2023 | 5.52% | -2.98% | 3.38% | 1.75% | -0.03% | 6.40% | 3.30% | -1.88% | -4.29% | -1.60% | 8.95% | 5.20% | 25.33% |
| 2022 | -5.81% | -3.95% | 3.92% | -8.81% | 0.62% | -7.41% | 8.72% | -3.38% | -8.12% | 8.09% | 6.38% | -5.65% | -16.37% |
| 2021 | -1.48% | 2.31% | 3.71% | 5.25% | 0.71% | 2.97% | 2.77% | 2.80% | -5.00% | 7.66% | -0.44% | 3.85% | 27.45% |
| 2020 | -0.04% | -8.72% | -11.73% | 11.33% | 5.56% | 1.84% | 7.34% | 6.47% | -3.24% | -2.40% | 9.73% | 3.69% | 18.36% |
| 2019 | 7.64% | 3.38% | 1.82% | 4.78% | -5.68% | 6.49% | 2.70% | -1.61% | 1.62% | 2.08% | 2.93% | 2.79% | 32.21% |
| 2018 | 5.20% | -3.26% | -2.38% | -0.07% | 2.68% | 0.69% | 3.66% | 3.01% | 0.42% | -6.67% | 2.89% | -9.27% | -4.12% |
| 2017 | 2.13% | 3.81% | -0.09% | 1.22% | 1.20% | 0.08% | 2.13% | 0.10% | 2.08% | 2.23% | 3.23% | 0.86% | 20.64% |
| 2016 | -4.98% | -0.51% | 6.44% | -0.48% | 2.19% | 0.12% | 3.70% | -0.17% | -0.25% | -2.73% | 3.58% | 2.14% | 8.87% |
| 2015 | -2.33% | 5.63% | -1.10% | 0.55% | 1.14% | -1.02% | 1.74% | -6.51% | -2.12% | 7.76% | 1.28% | -2.28% | 1.99% |
| 2014 | -3.84% | 4.78% | 1.22% | 0.37% | 2.16% | 2.26% | -1.81% | 3.58% | -2.02% | 2.71% | 2.64% | 0.04% | 12.38% |
| 2013 | 5.89% | 0.79% | 3.54% | 1.67% | 2.58% | -1.43% | 4.72% | -3.00% | 3.98% | 4.85% | 2.61% | 2.63% | 32.49% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of CMNWX is 93, placing it in the top 7% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
CMNWX (Principal Capital Appreciation Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Principal Capital Appreciation Fund (CMNWX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Principal Capital Appreciation Fund granted a 0.62% dividend yield in the last twelve months. The annual payout for that period amounted to $0.47 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.47 | $0.47 | $0.37 | $6.12 | $2.95 | $4.13 | $18.85 | $4.75 | $5.67 | $3.01 | $2.76 | $1.55 |
Dividend yield | 0.62% | 0.70% | 0.69% | 9.52% | 5.33% | 8.37% | 46.60% | 7.72% | 10.32% | 5.42% | 4.81% | 2.89% |
Monthly Dividends
The table displays the monthly dividend distributions for Principal Capital Appreciation Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 | $0.47 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.37 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.12 | $6.12 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.95 | $2.95 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.13 | $4.13 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $18.85 | $18.85 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.75 | $4.75 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.67 | $5.67 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.01 | $3.01 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.76 | $2.76 |
| 2013 | $1.55 | $1.55 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Principal Capital Appreciation Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Principal Capital Appreciation Fund was 56.47%, occurring on Dec 9, 1994. Recovery took 1188 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -56.47% | Feb 6, 1992 | 742 | Dec 9, 1994 | 1188 | Jun 30, 1999 | 1930 |
| -51.72% | Nov 1, 2007 | 338 | Mar 9, 2009 | 491 | Feb 16, 2011 | 829 |
| -50.18% | Sep 8, 2000 | 520 | Oct 9, 2002 | 783 | Nov 17, 2005 | 1303 |
| -41.14% | Aug 26, 1987 | 46 | Oct 28, 1987 | 377 | Apr 7, 1989 | 423 |
| -33.26% | Feb 18, 2020 | 25 | Mar 23, 2020 | 92 | Aug 3, 2020 | 117 |
Volatility
Volatility Chart
The current Principal Capital Appreciation Fund volatility is 3.66%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.