Investment objective & strategy
As of April 25, 2025 · prospectusObjective. The Fund seeks to provide current income and long-term growth of income and capital.
Strategy. Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities. The Fund defines dividend-paying equity securities as securities that produced dividend income within the last rolling 12 months. The Fund 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. The Fund also invests in securities of foreign issuers. Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities. The Fund defines dividend-paying equity securities as securities that produced dividend income within the last rolling 12 months. The Fund 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. The Fund also invests in securities of foreign issuers.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| ALPHABET INC CL A | — | $25.16M | 3.56% |
| JPMORGAN CHASE and CO | — | $22.94M | 3.24% |
| COSTCO WHOLESALE CORP | — | $22.31M | 3.16% |
| TAIWAN SEMIC MFG CO LTD SP ADR | — | $19.02M | 2.69% |
| CHUBB LTD | — | $18.55M | 2.62% |
| MORGAN STANLEY | — | $17.66M | 2.50% |
| COCA-COLA CO/THE | — | $17.65M | 2.50% |
| DR HORTON INC | — | $17.62M | 2.49% |
| PNC FINANCIAL SERVICES GRP INC | — | $17.32M | 2.45% |
| T-MOBILE US INC | — | $17.20M | 2.43% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Equity Income Fund · PQIAX, PEUCX, PEIIX, PEIOX, PEIQX, PEIJX | 95% | 0.52% |
| Principal Capital Appreciation Account | 31% | 0.63% |
| Goldman Sachs Equity Income Fund · GSIIX, GSGSX, GSGRX, GSGCX, GRGRX, GRGTX, GRGUX, GABPX | 31% | 0.68% |
Advisers
| Firm | Role |
|---|---|
| Principal Global Investors, LLC | Adviser |
Footnotes
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
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