3 / 5 Stars
2 2 5 3 4
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 321 Large Value Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 24.17 percent over the past year, 14.53 percent over the past three years, 14.94 percent over the past five years, and 7.47 percent over the past decade.
|Trailing Returns||Updated 11.30.2013|
|Year to date||22.6%|
|3 Years (Annualized)||14.5%|
|5 Years (Annualized)||14.9%|
|10 Years (Annualized)||7.5%|
The investment seeks to provide a relatively high level of current income and long-term growth of income and capital. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities. It usually invests in equity securities of companies with large market capitalizations, but also invests in equity securities of companies with medium market capitalizations. The fund invests in value equity securities, an investment strategy that emphasizes buying equity securities that appear to be undervalued. It also invests in real estate investment trusts and securities of foreign issuers.
Fees are High compared to funds in the same category.
Principal Equity Income Fund has an expense ratio of 1.87 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.