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Principal Capital Securities Fund (PCSFX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Principal Capital Securities Fund (PCSFX)

Mutual Fund · Currency in USD · Last updated May 30, 2025

The investment seeks to provide current income. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in capital securities at the time of purchase. It may invest up to 100% of its assets in below investment grade (sometimes called "junk") preferred securities which are rated at the time of purchase Ba1 or lower by Moody's and BB+ or lower by S&P Global, provided that the issuer of such below investment grade preferred securities has senior debt outstanding that is rated at the time of purchase BBB- or higher by S&P Global or Baa3 or higher by Moody's.

Fund Info

ISIN

US7425372023

Issuer

Principal

Inception Date

Mar 13, 2014

Category

Preferred Stock/Convertible Bonds

Min. Investment

$0

Asset Class

Equity

Expense Ratio

PCSFX has an expense ratio of 0.00%, meaning no management fees are charged.

Share Price Chart

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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Principal Capital Securities Fund

Performance

Performance Chart

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S&P 500

Returns By Period

Principal Capital Securities Fund (PCSFX) returned 2.30% year-to-date (YTD) and 8.78% over the past 12 months. Over the past 10 years, PCSFX returned 4.88% annually, underperforming the S&P 500 benchmark at 10.84%.

PCSFX

YTD

2.30%

1M

1.17%

6M

2.65%

1Y

8.78%

3Y*

6.22%

5Y*

4.69%

10Y*

4.88%

^GSPC (Benchmark)

YTD

0.52%

1M

6.32%

6M

-1.44%

1Y

12.25%

3Y*

12.45%

5Y*

14.20%

10Y*

10.84%

*Annualized

Monthly Returns

The table below presents the monthly returns of PCSFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.87%0.75%0.12%-0.62%1.17%2.30%
20242.23%0.53%1.63%-0.66%1.65%0.87%1.40%1.40%1.60%0.02%0.65%0.24%12.15%
20235.42%-1.40%-6.49%1.27%-0.37%1.16%2.44%-0.48%-0.58%-1.63%4.46%3.38%6.82%
2022-1.75%-2.76%-0.83%-2.88%-1.38%-4.18%4.79%-1.10%-5.01%0.01%2.21%1.31%-11.35%
20210.17%-0.02%0.07%1.41%0.36%0.89%0.70%0.51%-0.03%-0.39%-0.91%0.94%3.74%
20201.45%-0.96%-13.12%8.28%2.09%1.44%3.33%1.97%-0.43%0.65%3.01%1.15%7.71%
20193.45%1.51%1.07%1.79%0.05%2.06%1.22%0.94%0.94%1.57%0.61%0.99%17.41%
20180.25%-0.82%-0.65%0.06%-0.96%-0.27%1.03%0.58%-0.14%-1.03%-1.54%-1.18%-4.60%
20171.87%1.76%0.45%1.53%1.52%1.11%0.96%0.16%0.44%1.01%-0.16%0.38%11.57%
2016-0.58%-2.55%2.38%1.06%1.27%0.00%2.51%1.65%0.00%0.89%-1.70%0.74%5.68%
20151.10%0.96%0.54%0.63%0.04%-0.84%0.65%-0.38%-0.21%1.24%0.23%-0.30%3.70%
20140.00%0.43%1.35%0.61%-0.04%0.75%-0.81%0.81%0.67%-0.07%3.74%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 97, PCSFX is among the top 3% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.

The Risk-Adjusted Performance Rank of PCSFX is 9797
Overall Rank
The Sharpe Ratio Rank of PCSFX is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of PCSFX is 9696
Sortino Ratio Rank
The Omega Ratio Rank of PCSFX is 9898
Omega Ratio Rank
The Calmar Ratio Rank of PCSFX is 9595
Calmar Ratio Rank
The Martin Ratio Rank of PCSFX is 9797
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Principal Capital Securities Fund (PCSFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Principal Capital Securities Fund Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 3.57
  • 5-Year: 1.10
  • 10-Year: 0.96
  • All Time: 1.03

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Principal Capital Securities Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Principal Capital Securities Fund provided a 5.19% dividend yield over the last twelve months, with an annual payout of $0.49 per share. The fund has been increasing its distributions for 3 consecutive years.

4.00%4.50%5.00%5.50%6.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.6020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.49$0.52$0.51$0.50$0.48$0.52$0.56$0.57$0.54$0.50$0.57$0.41

Dividend yield

5.19%5.52%5.74%5.69%4.57%4.89%5.42%6.09%5.15%5.07%5.79%4.11%

Monthly Dividends

The table displays the monthly dividend distributions for Principal Capital Securities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.04$0.04$0.04$0.04$0.00$0.17
2024$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.05$0.05$0.05$0.52
2023$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.05$0.05$0.05$0.51
2022$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.05$0.05$0.06$0.50
2021$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.03$0.05$0.05$0.04$0.05$0.48
2020$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.05$0.05$0.05$0.52
2019$0.04$0.05$0.04$0.05$0.05$0.04$0.04$0.05$0.05$0.05$0.05$0.06$0.56
2018$0.05$0.05$0.04$0.05$0.04$0.04$0.04$0.04$0.05$0.05$0.05$0.08$0.57
2017$0.04$0.04$0.05$0.04$0.04$0.04$0.04$0.04$0.05$0.05$0.04$0.06$0.54
2016$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.03$0.03$0.05$0.05$0.04$0.50
2015$0.05$0.05$0.04$0.04$0.04$0.05$0.04$0.04$0.04$0.04$0.04$0.08$0.57
2014$0.02$0.05$0.03$0.05$0.05$0.05$0.05$0.06$0.06$0.41

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

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Worst Drawdowns

The table below displays the maximum drawdowns of the Principal Capital Securities 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 Securities Fund was 22.42%, occurring on Mar 23, 2020. Recovery took 106 trading sessions.

The current Principal Capital Securities Fund drawdown is 0.21%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-22.42%Feb 24, 202021Mar 23, 2020106Aug 21, 2020127
-18.67%Sep 24, 2021373Mar 20, 2023324Jul 3, 2024697
-5.13%Jan 29, 2018231Dec 27, 201850Mar 12, 2019281
-4.88%Dec 2, 201550Feb 12, 201661May 11, 2016111
-2.74%Apr 3, 20255Apr 9, 202521May 9, 202526
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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