3 / 5 Stars
5 5 4 1 3
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#6 in Mid-Cap Value
U.S. News evaluated 109 Mid-Cap 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 24.06 percent over the past year, 15.21 percent over the past three years, 20.93 percent over the past five years, and 8.43 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-2.6%|
|3 Years (Annualized)||15.2%|
|5 Years (Annualized)||20.9%|
|10 Years (Annualized)||8.4%|
The investment seeks long-term growth of capital. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies with medium market capitalizations (those with market capitalizations similar to companies in the Russell Midcap ® Value Index) at the time of purchase. It invests in value equity securities, an investment strategy that emphasizes buying equity securities that appear to be undervalued. The fund invests in real estate investment trusts.
Fees are High compared to funds in the same category.
Principal MidCap Value Fund III has an expense ratio of 1.40 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.