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Principal Capital Securities Fund (PCSFX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

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.

Looking to diversify beyond PCSFX? The mutual funds below have the lowest correlation with PCSFX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from PCSFX.

Best Diversifiers for PCSFX

0 mutual funds have low correlation with PCSFX (below 0.3), 0 of which are negatively correlated. The least correlated is Lord Abbett Convertible Fund Class F (LBFFX) (Preferred Stock/Convertible Bonds) with a 1Y correlation of 0.33, roughly unchanged from 0.32 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
LBFFX
Lord Abbett Convertible Fund Class F0.330.310.32
83
Preferred Stock/Convertible BondsPCSFX vs LBFFX
FIQVX
Fidelity Advisor Convertible Securities Fund Class...0.340.320.33
87
Preferred Stock/Convertible BondsPCSFX vs FIQVX
FTCVX
Fidelity Advisor Convertible Securities Fund Class...0.340.320.33
86
Preferred Stock/Convertible BondsPCSFX vs FTCVX
FCCVX
Fidelity Advisor Convertible Securities Fund Class...0.340.320.33
85
Preferred Stock/Convertible BondsPCSFX vs FCCVX
FICVX
Fidelity Advisor Convertible Securities Fund Class...0.340.320.33
87
Preferred Stock/Convertible BondsPCSFX vs FICVX
See all 24 diversifiers for PCSFX

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Diversification Analysis

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