Principal MidCap Fund Institutional Class PCBIX

Morningstar Medalist Rating
  • NAV / 1-Day Return$41.90  /  −0.71%
  • Fund Size$20.5B
  • Adjusted Expense Ratio0.670%
  • Net Expense Ratio0.680%
  • Fee Level: DistributionBelow Average
  • Share Class TypeInstitutional
  • Morningstar CategoryMid-Cap Growth
  • Equity Style Box (Funds)Mid Blend
  • Minimum Initial Investment$0
  • Investment StatusLimited
  • TTM Yield0.00%
  • Turnover Ratio14%

Morningstar’s Analysis PCBIX

Will PCBIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

Its key pieces remain in place but aren't standing in place.

Principal Tony Thomas

Tony Thomas

Principal

Summary

Principal MidCap (available as a mutual fund or separate accounts) had a rough 18 months through September 2026, but its best parts are intact—and adapting. It remains promising for long-term investors and will be open to new investors in November 2026 for the first time in years.

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Portfolio Holdings PCBIX

  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings42.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Heico Corp Class A

5.251B
Industrials

TransDigm Group Inc

5.051B
Industrials

Brookfield Corp Registered Shs -A- Limited Vtg

5.051B
Financial Services

Live Nation Entertainment Inc

4.54907M
Communication Services

KKR & Co Inc Ordinary Shares

4.26851M
Financial Services

Martin Marietta Materials Inc

4.12823M
Basic Materials

Vulcan Materials Co

3.84767M
Basic Materials

Veeva Systems Inc Class A

3.75749M
Healthcare

CBRE Group Inc Class A

3.58715M
Real Estate

Hilton Worldwide Holdings Inc

3.38676M
Consumer Cyclical

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