Principal Equity Income’s veteran leadership and effective approach should help it carry on after a recent retirement. Its cheapest share class earns a Morningstar Analyst Rating of Silver, most get Bronze, and the pricey C shares get Neutral.
Principal Equity Income Inst PEIIX
NAV / 1-Day Return
40.30
/
1.13
%
Total Assets
10.3 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.520%
Expense Ratio
0.520%
Fee Level
Below Average
Longest Manager Tenure
11.00
years
Category
Large Value
Investment Style
Large ValueMin. Initial Investment
0
Status
Open
TTM Yield
1.59%
Turnover
17%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will PEIIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PEIIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PEIIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of PEIIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
In good shape following a retirement.
