Principal Real Estate Securities R1 (PRAEX)
24.09
-0.31 -1.27%
Jun 4
USD
Key Stats
| Expense Ratio | 1.69% |
| Total Assets Under Management | 4.759B |
| Share Class Assets Under Management | 2.787M |
| Net Asset Value | 24.09 |
| Turnover Ratio | 20.10% |
| 1 Year Fund Level Flows | 347.20M |
Performance & Returns
| Total Return | Cat. Total Return (NAV) | % Rank in Cat. (NAV) | |
|---|---|---|---|
| 1M | 9.65% | 11.95% | 83 |
| 3M | -13.14% | -14.54% | 40 |
| 6M | -12.21% | -13.57% | 45 |
| YTD | -11.78% | -13.99% | 44 |
| 1Y | -3.52% | -5.84% | 41 |
| 3Y | 4.54% | 1.89% | 19 |
| 5Y | 5.67% | 3.99% | 26 |
| 10Y | 10.07% | 9.24% | 36 |
| 15Y | 7.23% | 6.22% | 18 |
| 20Y | -- | 9.56% | -- |
Asset Allocation
| Type | % Net | % Long | % Short |
|---|---|---|---|
| Cash | 1.77% | 2.25% | 0.48% |
| Stock | 98.23% | 98.23% | 0.00% |
| Bond | 0.00% | 0.00% | 0.00% |
| Convertible | 0.00% | 0.00% | 0.00% |
| Preferred | 0.00% | 0.00% | 0.00% |
| Other | 0.00% | 0.00% | 0.00% |
Region Exposure
| Americas | 100.0% |
| North America | 100.0% |
| Latin America | 0.00% |
| Greater Europe | 0.00% |
| United Kingdom | 0.00% |
| Europe Developed | 0.00% |
| Europe Emerging | 0.00% |
| Africa/Middle East | 0.00% |
| Greater Asia | 0.00% |
| Japan | 0.00% |
| Australasia | 0.00% |
| Asia Developed | 0.00% |
| Asia Emerging | 0.00% |
| Market Classification | |
| % Developed Markets | 100.0% |
| % Emerging Markets | 0.00% |
Stock Sector Exposure
| Basic Materials | 0.00% |
| Communication Services | 0.00% |
| Consumer Cyclical | 1.19% |
| Consumer Defensive | 0.00% |
| Energy | 0.00% |
| Financial Services | 0.00% |
| Healthcare | 0.00% |
| Industrials | 0.00% |
| Real Estate | 98.81% |
| Technology | 0.00% |
| Utilities | 0.00% |
Stock Market Capitalization
| Giant | 0.00% |
| Large | 33.92% |
| Medium | 59.07% |
| Small | 7.01% |
| Micro | 0.00% |
Stock Style Exposure
| Large Cap Value | 7.39% |
| Large Cap Blend | 11.67% |
| Large Cap Growth | 14.87% |
| Mid Cap Value | 12.68% |
| Mid Cap Blend | 32.68% |
| Mid Cap Growth | 13.71% |
| Small Cap Value | 3.13% |
| Small Cap Blend | 1.36% |
| Small Cap Growth | 2.52% |
View More Holdings
As of April 30, 2020
Top 10 Holdings
| Symbol | Name | % Weight | Price | % Chg |
|---|---|---|---|---|
| PLD | Prologis Inc | 10.55% | 93.35 | -4.08% |
| EQIX | Equinix Inc | 9.95% | 667.90 | +0.41% |
| AVB | AvalonBay Communities Inc | 6.15% | 159.50 | +0.40% |
| INVH | Invitation Homes Inc | 5.15% | 28.25 | +1.88% |
| ARE | Alexandria Real Estate Equities Inc | 4.68% | 151.13 | -2.32% |
| ESS | Essex Property Trust Inc | 4.37% | 250.48 | -1.02% |
| AMH | American Homes 4 Rent Class A | 3.76% | 27.50 | +2.96% |
| SUI | Sun Communities Inc | 3.33% | 138.85 | -2.68% |
| AMT | American Tower Corp | 3.30% | 253.50 | -2.39% |
| WELL | Welltower Inc | 3.15% | 61.80 | +5.26% |
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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 |
| Prospectus Objective | Specialty - Real Estate |
| Fund Owner Firm Name | Principal Funds |
| Benchmark Index | |
| MSCI US REIT GR USD | 100.0% |
| Reports | |
| One Page Report | Download |
Manager Info
| Name | Tenure |
|---|---|
| Anthony Kenkel | 7.88 yrs |
| Keith Bokota | 6.44 yrs |
| Kelly Rush | 19.41 yrs |
Share Classes
| Symbol | Share Class |
|---|---|
| PFRSX | Retirement |
| PIREX | Inst |
| PRCEX | C |
| PREJX | Other |
| PRENX | Retirement |
| PREPX | Retirement |
| PRERX | Retirement |
| PRETX | Retirement |
| PRRAX | A |
Net Fund Flows
| 1M | 17.31M |
| 3M | -5.450M |
| 6M | 147.06M |
| YTD | 114.69M |
| 1Y | 347.20M |
| 3Y | 404.84M |
| 5Y | 1.454B |
| 10Y | 943.39M |
Risk Info
| Beta (5Y) | 0.7679 |
| Historical Sharpe Ratio (10Y) | 0.5561 |
| Historical Sortino (All) | 0.5216 |
| Daily Value at Risk (VaR) 1% (All) | 5.98% |
| Monthly Value at Risk (VaR) 1% (All) | 24.34% |
Fundamentals
| Dividend Yield TTM (6-4-20) | 1.57% |
| 30-Day SEC Yield (4-30-20) | 1.27% |
| 7-Day SEC Yield (5-29-20) | 0.00% |
| Weighted Average PE Ratio | 32.00 |
| Weighted Average Price to Sales Ratio | 7.632 |
| Weighted Average Price to Book Ratio | 2.191 |
| Weighted Median ROE | 9.50% |
| Weighted Median ROA | 3.21% |
| Forecasted Dividend Yield | 3.86% |
| Forecasted PE Ratio | 46.64 |
| Forecasted Price to Sales Ratio | 7.472 |
| Forecasted Price to Book Ratio | 2.081 |
| Number of Holdings | 46 |
Growth Estimates
| Forecasted 5 Yr Earnings Growth | 5.39% |
| Forecasted Book Value Growth | 3.82% |
| Forecasted Cash Flow Growth | 7.02% |
| Forecasted Earnings Growth | -1.08% |
| Forecasted Revenue Growth | 2.79% |
Attributes
| Purchase Details | |
|---|---|
| Open to New Investors | No |
| Open to Existing Investors | Yes |
| Minimum Initial Investment | 0.00 USD |
| Minimum Subsequent Investment | 0.00 USD |
| Fees | |
| Actual 12B-1 Fee | 0.35% |
| Actual Management Fee | 0.80% |
| Administration Fee | 0.28% |
| Performance Fee | -- |
| Switching Fee | -- |
| Transaction Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| Key Dates | |
| Inception Date | 11/1/2004 |
| Termination Date | |
| Last Annual Report Date | 10/31/2019 |
| Last Prospectus Date | 3/1/2020 |
| Attributes | |
| Exchange Traded Share | No |
| Exchange Traded Note | No |
| Enhanced Index Fund | No |
| Fixed Distribution Fund | No |
| High-Net Worth Individual 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 |
| General Availability | |
| Available for Insurance Product | No |
| Available for Retirement Plan | No |
| Available for RRSP | No |
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