Principal Equity Income Fund (PQIAX)
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities at the time of purchase. It usually invests in equity securities of companies with large and medium market capitalizations. The fund invests in value equity securities, an investment strategy that emphasizes buying equity securities that appear to be undervalued.
Fund Info
US74254V8697
74254V869
May 31, 1939
$1,000
Large-Cap
Value
Expense Ratio
PQIAX has an expense ratio of 0.86%, placing it in the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
Loading data...
Returns By Period
Principal Equity Income Fund (PQIAX) returned 1.38% year-to-date (YTD) and 10.85% over the past 12 months. Over the past 10 years, PQIAX returned 8.95% annually, underperforming the S&P 500 benchmark at 10.84%.
PQIAX
1.38%
4.29%
-4.99%
10.85%
7.20%
11.87%
8.95%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of PQIAX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 5.05% | -0.39% | -3.90% | -3.02% | 3.96% | 1.38% | |||||||
| 2024 | 0.32% | 2.79% | 4.64% | -4.04% | 3.33% | -0.05% | 4.60% | 3.34% | 1.32% | -0.99% | 6.23% | -6.63% | 15.00% |
| 2023 | 6.26% | -4.43% | -1.55% | 2.25% | -5.11% | 7.06% | 3.85% | -3.76% | -3.59% | -3.58% | 8.13% | 6.19% | 10.78% |
| 2022 | -2.60% | -3.62% | 2.37% | -5.74% | 2.72% | -8.41% | 6.66% | -3.15% | -9.45% | 8.82% | 7.37% | -4.25% | -10.82% |
| 2021 | -1.44% | 4.43% | 4.35% | 4.11% | 1.90% | -0.45% | 1.42% | 1.85% | -5.35% | 6.72% | -2.31% | 5.43% | 21.89% |
| 2020 | -2.23% | -10.18% | -15.13% | 9.94% | 3.78% | 0.21% | 5.67% | 4.22% | -2.18% | -0.52% | 11.64% | 4.08% | 6.12% |
| 2019 | 7.00% | 2.46% | 1.12% | 4.22% | -5.59% | 7.07% | 2.18% | -1.95% | 3.38% | 0.51% | 2.92% | 2.64% | 28.45% |
| 2018 | 4.10% | -5.10% | -1.10% | 0.39% | 1.47% | 0.07% | 5.06% | 1.29% | 0.08% | -5.78% | 3.42% | -8.51% | -5.44% |
| 2017 | 1.73% | 3.33% | -0.17% | 0.38% | 2.03% | 0.25% | 2.06% | -0.36% | 2.73% | 2.17% | 3.68% | 1.11% | 20.53% |
| 2016 | -3.60% | 0.37% | 6.01% | 1.57% | 1.93% | 1.11% | 2.07% | 0.85% | -0.76% | -1.29% | 3.67% | 2.61% | 15.17% |
| 2015 | -2.89% | 4.71% | -1.15% | 0.82% | 0.74% | -2.51% | 1.18% | -6.61% | -2.73% | 7.32% | 0.50% | -2.98% | -4.26% |
| 2014 | -3.76% | 4.98% | 2.21% | 1.25% | 1.59% | 2.06% | -2.65% | 3.79% | -2.14% | 2.66% | 2.40% | -0.37% | 12.26% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PQIAX is 45, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Principal Equity Income Fund (PQIAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Loading data...
Dividends
Dividend History
Principal Equity Income Fund provided a 10.89% dividend yield over the last twelve months, with an annual payout of $4.29 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.29 | $4.32 | $0.97 | $1.87 | $2.08 | $0.54 | $1.47 | $2.05 | $1.97 | $1.03 | $0.53 | $0.47 |
Dividend yield | 10.89% | 11.07% | 2.59% | 5.37% | 5.05% | 1.52% | 4.30% | 7.41% | 6.28% | 3.73% | 2.11% | 1.75% |
Monthly Dividends
The table displays the monthly dividend distributions for Principal Equity Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | |||||||
| 2024 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $3.85 | $4.32 |
| 2023 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.43 | $0.97 |
| 2022 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $1.49 | $1.87 |
| 2021 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $1.72 | $2.08 |
| 2020 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.12 | $0.54 |
| 2019 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $1.04 | $1.47 |
| 2018 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $1.60 | $2.05 |
| 2017 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $1.64 | $1.97 |
| 2016 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.65 | $1.03 |
| 2015 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.14 | $0.53 |
| 2014 | $0.13 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.12 | $0.47 |
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.
Loading data...
Worst Drawdowns
The table below displays the maximum drawdowns of the Principal Equity Income 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 Equity Income Fund was 54.68%, occurring on Mar 9, 2009. Recovery took 864 trading sessions.
The current Principal Equity Income Fund drawdown is 5.34%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -54.68% | Jul 16, 2007 | 415 | Mar 9, 2009 | 864 | Aug 10, 2012 | 1279 |
| -37.67% | Jan 21, 2020 | 44 | Mar 23, 2020 | 166 | Nov 16, 2020 | 210 |
| -21.22% | Jan 5, 2022 | 194 | Oct 12, 2022 | 340 | Feb 21, 2024 | 534 |
| -17.05% | Sep 24, 2018 | 64 | Dec 24, 2018 | 82 | Apr 24, 2019 | 146 |
| -16.54% | Dec 2, 2024 | 87 | Apr 8, 2025 | — | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...