Principal Global Real Estate Securities Fund (POSIX)
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of U.S. and non-U.S. companies principally engaged in the real estate industry at the time of purchase. For the fund's investment policies, a real estate company has at least 50% of its assets, income or profits derived from products or services related to the real estate industry.
Fund Info
| ISIN | US74254V2732 |
|---|---|
| CUSIP | 74254V273 |
| Issuer | Principal |
| Inception Date | Sep 30, 2007 |
| Category | REIT |
| Min. Investment | $0 |
| Asset Class | Real Estate |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
POSIX has a high expense ratio of 0.94%, indicating higher-than-average management fees.
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.
Popular comparisons: POSIX vs. PIMIX, POSIX vs. XLRE, POSIX vs. DFREX, POSIX vs. CSRSX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Principal Global Real Estate Securities 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 Global Real Estate Securities Fund had a return of 10.25% year-to-date (YTD) and 26.07% in the last 12 months. Over the past 10 years, Principal Global Real Estate Securities Fund had an annualized return of 5.03%, while the S&P 500 had an annualized return of 11.17%, indicating that Principal Global Real Estate Securities Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.25% | 19.55% |
| 1 month | 4.87% | 1.45% |
| 6 months | 15.29% | 8.95% |
| 1 year | 26.07% | 31.70% |
| 5 years (annualized) | 2.12% | 13.79% |
| 10 years (annualized) | 5.03% | 11.17% |
Monthly Returns
The table below presents the monthly returns of POSIX, 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 | -5.44% | -0.11% | 3.16% | -5.81% | 3.72% | 1.12% | 5.99% | 5.75% | 10.25% | ||||
| 2023 | 9.30% | -4.36% | -2.56% | 2.17% | -4.58% | 2.69% | 3.19% | -3.32% | -5.94% | -4.01% | 10.76% | 9.91% | 11.83% |
| 2022 | -5.90% | -3.13% | 3.88% | -5.34% | -4.42% | -8.55% | 8.17% | -6.96% | -11.75% | 1.33% | 7.65% | -3.48% | -26.74% |
| 2021 | -1.42% | 2.68% | 3.21% | 5.73% | 1.75% | 1.45% | 4.10% | 1.28% | -6.25% | 5.95% | -2.47% | 6.01% | 23.45% |
| 2020 | 1.54% | -7.41% | -20.92% | 6.74% | 1.70% | 2.67% | 4.78% | 2.45% | -2.74% | -3.36% | 10.88% | 3.65% | -3.91% |
| 2019 | 10.94% | 0.20% | 3.46% | -0.59% | 0.59% | 1.44% | 0.00% | 2.34% | 1.61% | 3.51% | -0.73% | -0.10% | 24.53% |
| 2018 | 1.15% | -5.61% | 3.36% | 1.49% | 0.42% | 1.26% | 0.94% | 1.03% | -1.42% | -4.05% | 3.78% | -5.21% | -3.35% |
| 2017 | 0.46% | 3.57% | -1.14% | 1.35% | 1.56% | 0.88% | 2.17% | 1.17% | -0.64% | 0.64% | 2.74% | 1.15% | 14.73% |
| 2016 | -5.26% | -0.83% | 9.87% | -1.09% | 0.33% | 3.32% | 4.47% | -2.14% | -0.89% | -5.91% | -3.25% | 2.89% | 0.44% |
| 2015 | 4.46% | 0.10% | 0.09% | -1.68% | -0.85% | -3.76% | 3.69% | -5.83% | 1.64% | 5.19% | -1.93% | 0.95% | 1.51% |
| 2014 | -0.49% | 4.56% | 0.11% | 2.24% | 2.88% | 1.25% | 0.56% | 1.66% | -5.77% | 7.17% | 0.76% | 0.77% | 16.28% |
| 2013 | 3.05% | 0.12% | 2.32% | 7.43% | -7.57% | -2.03% | 1.80% | -4.25% | 5.80% | 2.69% | -3.07% | 0.46% | 5.91% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of POSIX is 22, indicating that it is in the bottom 22% 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.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Principal Global Real Estate Securities Fund (POSIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Principal Global Real Estate Securities Fund granted a 2.36% dividend yield in the last twelve months. The annual payout for that period amounted to $0.24 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.24 | $0.24 | $0.10 | $0.29 | $0.11 | $0.66 | $0.34 | $0.40 | $0.32 | $0.40 | $0.29 | $0.50 |
Dividend yield | 2.36% | 2.61% | 1.12% | 2.40% | 1.13% | 6.32% | 3.81% | 4.16% | 3.70% | 4.48% | 3.18% | 6.17% |
Monthly Dividends
The table displays the monthly dividend distributions for Principal Global Real Estate Securities 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 | $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 | $0.24 | $0.24 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.10 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.08 | $0.11 |
| 2019 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.43 | $0.66 |
| 2018 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.23 | $0.34 |
| 2017 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.34 | $0.40 |
| 2016 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.23 | $0.32 |
| 2015 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.30 | $0.40 |
| 2014 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.21 | $0.29 |
| 2013 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.39 | $0.50 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Principal Global Real Estate 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 Global Real Estate Securities Fund was 68.45%, occurring on Mar 9, 2009. Recovery took 946 trading sessions.
The current Principal Global Real Estate Securities Fund drawdown is 9.68%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -68.45% | Oct 8, 2007 | 356 | Mar 9, 2009 | 946 | Dec 10, 2012 | 1302 |
| -41.7% | Feb 18, 2020 | 25 | Mar 23, 2020 | 271 | Apr 20, 2021 | 296 |
| -34.15% | Jan 3, 2022 | 458 | Oct 27, 2023 | — | — | — |
| -15.88% | Feb 6, 2015 | 256 | Feb 11, 2016 | 97 | Jun 30, 2016 | 353 |
| -14.47% | May 9, 2013 | 32 | Jun 24, 2013 | 224 | May 14, 2014 | 256 |
Volatility
Volatility Chart
The current Principal Global Real Estate Securities Fund volatility is 3.25%, 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.