Principal MidCap Growth Fund III (PPQSX)
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 growth equity securities, an investment strategy that emphasizes buying equity securities of companies whose potential for growth of capital and earnings is expected to be above average.
Fund Info
| ISIN | US74253J5609 |
|---|---|
| Issuer | Principal |
| Inception Date | Dec 6, 2000 |
| Category | Mid Cap Growth Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Growth |
Expense Ratio
PPQSX has a high expense ratio of 1.23%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: PPQSX vs. PGWIX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Principal MidCap Growth Fund III, 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 MidCap Growth Fund III had a return of 2.76% year-to-date (YTD) and 17.41% in the last 12 months. Over the past 10 years, Principal MidCap Growth Fund III had an annualized return of 9.30%, while the S&P 500 had an annualized return of 11.17%, indicating that Principal MidCap Growth Fund III did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.76% | 19.55% |
| 1 month | 1.50% | 1.45% |
| 6 months | -2.96% | 8.95% |
| 1 year | 17.41% | 31.70% |
| 5 years (annualized) | 8.37% | 13.79% |
| 10 years (annualized) | 9.30% | 11.17% |
Monthly Returns
The table below presents the monthly returns of PPQSX, 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 | -2.00% | 6.41% | 2.19% | -6.88% | 0.48% | -0.19% | 0.48% | 1.43% | 2.76% | ||||
| 2023 | 9.05% | -1.37% | 1.29% | -1.37% | -0.99% | 7.91% | 1.95% | -3.55% | -5.85% | -5.91% | 10.65% | 9.09% | 20.71% |
| 2022 | -12.80% | -2.36% | 1.97% | -11.14% | -1.38% | -7.41% | 13.51% | -3.81% | -9.11% | 6.21% | 4.92% | -6.33% | -27.02% |
| 2021 | -1.94% | 2.54% | -0.69% | 5.61% | -1.83% | 4.54% | 3.90% | 3.56% | -5.16% | 6.88% | -3.45% | 1.12% | 15.24% |
| 2020 | 0.71% | -6.18% | -15.44% | 16.15% | 10.45% | 1.74% | 7.17% | 3.03% | -0.31% | 0.00% | 11.55% | 6.17% | 35.93% |
| 2019 | 10.58% | 5.88% | 0.75% | 5.23% | -5.15% | 7.40% | 2.27% | -0.85% | -1.12% | 0.26% | 4.42% | 1.68% | 34.97% |
| 2018 | 5.97% | -2.46% | 0.36% | -1.71% | 4.20% | 0.35% | 2.45% | 5.21% | 0.57% | -10.81% | 2.17% | -9.78% | -4.99% |
| 2017 | 2.95% | 3.16% | 0.67% | 2.09% | 2.14% | 0.46% | 1.81% | -0.09% | 2.59% | 2.78% | 3.13% | 0.24% | 24.18% |
| 2016 | -6.96% | 0.34% | 6.89% | 0.10% | 2.43% | -0.93% | 3.74% | -0.50% | -0.50% | -3.44% | 4.20% | -0.63% | 4.09% |
| 2015 | -2.25% | 6.71% | 0.75% | -1.40% | 1.13% | -0.84% | 1.70% | -6.49% | -3.37% | 4.62% | 0.78% | -2.94% | -2.27% |
| 2014 | -2.82% | 5.73% | -1.70% | -2.47% | 1.10% | 3.59% | -3.30% | 5.00% | -3.49% | 3.13% | 2.87% | 0.44% | 7.70% |
| 2013 | 6.58% | 0.96% | 3.36% | 0.42% | 2.41% | -0.81% | 6.62% | -1.76% | 5.38% | 2.52% | 1.66% | 3.70% | 35.32% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PPQSX is 7, indicating that it is in the bottom 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.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Principal MidCap Growth Fund III (PPQSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Principal MidCap Growth Fund III granted a 7.54% dividend yield in the last twelve months. The annual payout for that period amounted to $0.81 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.81 | $0.81 | $0.19 | $3.43 | $0.80 | $0.99 | $1.14 | $1.49 | $0.03 | $0.50 | $2.61 | $2.47 |
Dividend yield | 7.54% | 7.74% | 2.04% | 26.13% | 5.53% | 8.81% | 12.54% | 13.90% | 0.28% | 5.30% | 25.58% | 20.51% |
Monthly Dividends
The table displays the monthly dividend distributions for Principal MidCap Growth Fund III. 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 | $0.81 | $0.81 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.43 | $3.43 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.80 | $0.80 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.99 | $0.99 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.14 | $1.14 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.49 | $1.49 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.50 | $0.50 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.61 | $2.61 |
| 2013 | $2.47 | $2.47 |
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 MidCap Growth Fund III. 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 MidCap Growth Fund III was 59.72%, occurring on Nov 20, 2008. Recovery took 561 trading sessions.
The current Principal MidCap Growth Fund III drawdown is 14.04%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -59.72% | Nov 1, 2007 | 266 | Nov 20, 2008 | 561 | Feb 14, 2011 | 827 |
| -35.99% | Nov 17, 2021 | 146 | Jun 16, 2022 | — | — | — |
| -35.8% | Feb 20, 2020 | 23 | Mar 23, 2020 | 75 | Jul 9, 2020 | 98 |
| -26.35% | Jul 8, 2011 | 61 | Oct 3, 2011 | 355 | Mar 6, 2013 | 416 |
| -23.87% | Sep 17, 2018 | 69 | Dec 24, 2018 | 81 | Apr 23, 2019 | 150 |
Volatility
Volatility Chart
The current Principal MidCap Growth Fund III volatility is 4.80%, 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.