Principal SmallCap Fund (PSBMX)
The investment seeks long-term growth of capital. 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 small market capitalizations at the time of purchase. The managers seek to invest in securities of companies that they believe have improving and sustainable business fundamentals, rising investor expectations, and attractive relative valuations.
Fund Info
ISIN | US74253J2713 |
---|---|
Issuer | Principal |
Inception Date | Dec 6, 2000 |
Category | Small Cap Blend Equities |
Min. Investment | $0 |
Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Blend |
Expense Ratio
PSBMX has a high expense ratio of 1.31%, 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 SmallCap 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 SmallCap Fund had a return of 7.88% year-to-date (YTD) and 19.92% in the last 12 months. Over the past 10 years, Principal SmallCap Fund had an annualized return of 8.42%, while the S&P 500 had an annualized return of 11.17%, indicating that Principal SmallCap Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 7.88% | 19.55% |
1 month | 2.07% | 1.45% |
6 months | 2.35% | 8.95% |
1 year | 19.92% | 31.70% |
5 years (annualized) | 8.65% | 13.79% |
10 years (annualized) | 8.42% | 11.17% |
Monthly Returns
The table below presents the monthly returns of PSBMX, 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 | -2.19% | 5.40% | 4.40% | -7.09% | 2.81% | -1.16% | 6.86% | -0.99% | 7.88% | ||||
2023 | 10.02% | -0.42% | -3.46% | -1.92% | -1.91% | 8.62% | 5.01% | -4.42% | -6.70% | -7.58% | 9.56% | 9.83% | 15.11% |
2022 | -9.43% | 1.30% | 0.56% | -9.51% | 0.48% | -8.92% | 10.61% | -1.65% | -9.67% | 11.34% | 1.84% | -6.64% | -20.51% |
2021 | 2.51% | 7.10% | 2.80% | 3.44% | 0.00% | 2.25% | -2.68% | 3.20% | -2.77% | 5.83% | -5.25% | 1.97% | 19.22% |
2020 | -1.34% | -8.91% | -22.72% | 14.73% | 8.68% | 2.94% | 3.23% | 6.37% | -1.28% | 0.80% | 15.88% | 7.59% | 21.44% |
2019 | 12.56% | 4.40% | -1.47% | 4.83% | -8.12% | 7.13% | 0.77% | -4.16% | 2.35% | 1.07% | 3.96% | 2.33% | 26.97% |
2018 | 3.16% | -3.40% | 1.23% | 1.70% | 5.86% | 1.49% | 0.68% | 4.70% | -3.74% | -11.57% | 2.88% | -12.94% | -11.42% |
2017 | 0.09% | 2.22% | 0.40% | 0.62% | -3.03% | 2.04% | 0.84% | -1.28% | 5.21% | 2.12% | 2.65% | 0.05% | 12.35% |
2016 | -9.11% | -0.23% | 7.13% | 0.27% | 3.03% | 0.88% | 4.60% | 1.17% | 0.72% | -4.08% | 10.05% | 2.42% | 16.67% |
2015 | -1.93% | 5.81% | 3.25% | -3.01% | 3.10% | 1.11% | 0.41% | -5.60% | -4.83% | 4.61% | 2.13% | -4.83% | -0.64% |
2014 | -3.35% | 5.99% | 0.09% | -3.54% | 1.72% | 5.07% | -6.21% | 3.61% | -6.21% | 3.77% | 1.33% | 3.47% | 4.80% |
2013 | 7.38% | 1.41% | 5.73% | -0.55% | 3.14% | -1.01% | 7.44% | -2.51% | 7.52% | 3.69% | 3.69% | 4.26% | 47.59% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PSBMX is 9, indicating that it is in the bottom 9% 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 SmallCap Fund (PSBMX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Principal SmallCap Fund granted a 2.69% dividend yield in the last twelve months. The annual payout for that period amounted to $0.70 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.70 | $0.70 | $0.00 | $2.13 | $0.56 | $1.21 | $2.90 | $1.97 | $0.51 | $0.74 | $2.47 | $1.56 |
Dividend yield | 2.69% | 2.90% | 0.00% | 7.82% | 2.28% | 5.83% | 16.72% | 8.65% | 2.29% | 3.80% | 12.25% | 7.18% |
Monthly Dividends
The table displays the monthly dividend distributions for Principal SmallCap 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 | $0.70 | $0.70 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.13 | $2.13 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.56 | $0.56 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.21 | $1.21 |
2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.90 | $2.90 |
2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.97 | $1.97 |
2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.51 | $0.51 |
2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.74 | $0.74 |
2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.47 | $2.47 |
2013 | $1.56 | $1.56 |
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 SmallCap 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 SmallCap Fund was 60.15%, occurring on Mar 9, 2009. Recovery took 972 trading sessions.
The current Principal SmallCap Fund drawdown is 8.81%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-60.15% | Jul 16, 2007 | 415 | Mar 9, 2009 | 972 | Jan 17, 2013 | 1387 |
-42.04% | Feb 21, 2020 | 22 | Mar 23, 2020 | 140 | Oct 9, 2020 | 162 |
-31.32% | Nov 9, 2021 | 152 | Jun 16, 2022 | — | — | — |
-28.67% | Aug 30, 2018 | 80 | Dec 24, 2018 | 290 | Feb 20, 2020 | 370 |
-25.4% | Jun 24, 2015 | 161 | Feb 11, 2016 | 195 | Nov 17, 2016 | 356 |
Volatility
Volatility Chart
The current Principal SmallCap Fund volatility is 6.03%, 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.