Principal Edge MidCap Fund (PEDGX)
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies with medium market capitalizations at the time of purchase. It invests in real estate investment trust securities. The fund invests in equity securities with value and/or growth characteristics and constructs an investment portfolio that has a "blend" of equity securities with these characteristics.
Fund Info
| ISIN | US7425374268 |
|---|---|
| CUSIP | 742537426 |
| Issuer | Principal |
| Inception Date | Sep 28, 2015 |
| Category | Mid Cap Blend Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
PEDGX has a high expense ratio of 0.84%, 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 Edge MidCap 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 Edge MidCap Fund had a return of 3.06% year-to-date (YTD) and 18.13% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.06% | 10.00% |
| 1 month | 4.49% | 2.41% |
| 6 months | 14.30% | 16.70% |
| 1 year | 18.13% | 26.85% |
| 5 years (annualized) | 9.35% | 12.81% |
| 10 years (annualized) | N/A | 10.84% |
Monthly Returns
The table below presents the monthly returns of PEDGX, 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 | -2.33% | 3.38% | 2.71% | -6.13% | 3.06% | ||||||||
| 2023 | 7.84% | -3.29% | -0.99% | 0.27% | -2.43% | 7.39% | 3.96% | -2.65% | -4.76% | -4.73% | 9.18% | 8.62% | 18.15% |
| 2022 | -7.49% | -2.28% | 1.88% | -7.47% | 2.32% | -9.30% | 10.16% | -5.79% | -9.54% | 9.45% | 8.47% | -4.48% | -15.81% |
| 2021 | -3.15% | 3.89% | 4.48% | 6.75% | 1.05% | -0.49% | 1.91% | 0.38% | -4.70% | 4.99% | -1.60% | 6.39% | 20.90% |
| 2020 | -2.27% | -9.95% | -18.94% | 14.09% | 6.53% | 2.69% | 5.39% | 2.49% | -3.37% | 1.68% | 12.42% | 3.96% | 10.43% |
| 2019 | 11.02% | 2.86% | 1.02% | 4.36% | -6.89% | 7.03% | 2.80% | -1.97% | 4.30% | 1.33% | 2.17% | 3.03% | 34.48% |
| 2018 | 3.96% | -4.87% | 1.04% | 0.66% | 3.50% | 1.55% | 2.78% | 1.07% | -1.01% | -8.33% | 3.84% | -9.27% | -6.10% |
| 2017 | 1.66% | 2.85% | -0.63% | 1.99% | -1.09% | 1.11% | 0.23% | -1.71% | 4.29% | 0.08% | 3.73% | 0.88% | 14.00% |
| 2016 | -1.97% | 2.21% | 9.36% | 2.79% | 1.67% | 1.64% | 3.22% | 0.58% | -1.23% | -3.31% | 4.36% | 3.34% | 24.46% |
| 2015 | 1.30% | 4.54% | 0.47% | -2.30% | 3.96% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PEDGX is 46, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
PEDGX (Principal Edge MidCap Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Principal Edge MidCap Fund (PEDGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Principal Edge MidCap Fund granted a 1.73% dividend yield in the last twelve months. The annual payout for that period amounted to $0.22 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.22 | $0.22 | $1.62 | $4.76 | $0.82 | $0.67 | $0.82 | $0.14 | $0.54 | $0.26 |
Dividend yield | 1.73% | 1.78% | 15.09% | 32.40% | 5.07% | 4.38% | 6.87% | 1.02% | 4.47% | 2.59% |
Monthly Dividends
The table displays the monthly dividend distributions for Principal Edge MidCap 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 | $0.22 | $0.22 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.62 | $1.62 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.76 | $4.76 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.82 | $0.82 |
| 2019 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.62 | $0.67 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.78 | $0.82 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.14 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 | $0.54 |
| 2015 | $0.26 | $0.26 |
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 Edge MidCap 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 Edge MidCap Fund was 41.16%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.
The current Principal Edge MidCap Fund drawdown is 0.62%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.16% | Feb 18, 2020 | 25 | Mar 23, 2020 | 161 | Nov 9, 2020 | 186 |
| -26% | Jan 5, 2022 | 186 | Sep 30, 2022 | 354 | Feb 29, 2024 | 540 |
| -20.51% | Sep 24, 2018 | 64 | Dec 24, 2018 | 70 | Apr 5, 2019 | 134 |
| -10.07% | Oct 13, 2015 | 68 | Jan 20, 2016 | 30 | Mar 3, 2016 | 98 |
| -8.43% | Jan 29, 2018 | 9 | Feb 8, 2018 | 70 | May 21, 2018 | 79 |
Volatility
Volatility Chart
The current Principal Edge MidCap Fund volatility is 3.41%, 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.