Principal Real Estate Securities R1 (PRAEX)
23.32
+0.33 (+1.44%)
USD |
Oct 29
Returns Chart
Key Stats
Customize
| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 1.69% | 4.387B | 1.28% | 20.10% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| 201.18M | -15.11% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to generate a total return. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies principally engaged in the real estate industry at the time of purchase. It invests in value equity securities, an investment strategy that emphasizes buying securities that appear to be undervalued. The fund concentrates its investments (invest more than 25% of its net assets) in securities in the real estate industry. It is non-diversified. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | PREPX |
| Equity Style | Mid Cap/Blend |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Real Estate |
| Category Index | S&P United States REIT TR USD |
| Prospectus Objective | Specialty - Real Estate |
| Fund Owner Firm Name | Principal Funds |
| Prospectus Benchmark Index | |
| MSCI US REIT GR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Kelly Rush | 19.83 yrs |
| Anthony Kenkel | 8.30 yrs |
| Keith Bokota | 6.86 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
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Category High
1 Year
% Rank:
10
201.18M
-3.651B
Category Low
1.796B
Category High
3 Months
% Rank:
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3 Years
% Rank:
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6 Months
% Rank:
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5 Years
% Rank:
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YTD
% Rank:
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10 Years
% Rank:
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As of September 30, 2020
Performance Versus Category
As of October 29, 2020. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
Edit comparables
As of October 29, 2020.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Prologis Inc | 10.64% | 100.18 | 2.74% |
| Equinix Inc | 9.56% | 740.68 | -2.04% |
| Invitation Homes Inc | 5.60% | 27.40 | 0.29% |
| AvalonBay Communities Inc | 5.54% | 136.13 | 2.58% |
| Welltower Inc | 4.76% | 54.63 | 4.54% |
| American Homes 4 Rent Class A | 4.08% | 28.50 | 1.53% |
| Essex Property Trust Inc | 3.55% | 197.58 | 6.04% |
| Sun Communities Inc | 3.35% | 138.85 | -0.10% |
| Alexandria Real Estate Equities Inc | 3.27% | 151.51 | -0.43% |
| American Tower Corp | 3.24% | 231.65 | 0.66% |
Basic Info
| Investment Strategy | |
| The investment seeks to generate a total return. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies principally engaged in the real estate industry at the time of purchase. It invests in value equity securities, an investment strategy that emphasizes buying securities that appear to be undervalued. The fund concentrates its investments (invest more than 25% of its net assets) in securities in the real estate industry. It is non-diversified. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | PREPX |
| Equity Style | Mid Cap/Blend |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Real Estate |
| Category Index | S&P United States REIT TR USD |
| Prospectus Objective | Specialty - Real Estate |
| Fund Owner Firm Name | Principal Funds |
| Prospectus Benchmark Index | |
| MSCI US REIT GR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Kelly Rush | 19.83 yrs |
| Anthony Kenkel | 8.30 yrs |
| Keith Bokota | 6.86 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (10-29-20) | 1.28% |
| 30-Day SEC Yield (9-30-20) | Upgrade |
| 7-Day SEC Yield (10-26-20) | Upgrade |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 33.05 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
As of September 30, 2020
Growth Estimates
Fund Details
| Key Dates | |
| Inception Date | 11/1/2004 |
| Last Annual Report Date | 10/31/2019 |
| Last Prospectus Date | 3/1/2020 |
| Share Classes | |
| PFRSX | Retirement |
| PIREX | Inst |
| PRCEX | C |
| PREJX | Other |
| PRENX | Retirement |
| PREPX | Retirement |
| PRERX | Retirement |
| PRETX | Retirement |
| PRRAX | A |
| Attributes | |
| Enhanced Index Fund | No |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |