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Principal Equity Income R3 PEIOX

Analyst rating as of
NAV / 1-Day Return
35.92  /  0.80 %
Total Assets
10.1 Bil
Adj. Expense Ratio
1.080%
Expense Ratio
1.080%
Fee Level
Below Average
Longest Manager Tenure
10.69 years
Category
Large Value
Investment Style
Large Value
Min. Initial Investment
0
Status
Open
TTM Yield
1.33%
Turnover
17%
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Morningstar’s Analysis

Will PEIOX outperform in future?

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

A Longtime Comanager Steps Off 2 Principal Funds; Ratings Unchanged

Associate Director

Analyst Note

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On Jan. 5, 2021, Principal announced that veteran manager Dave Simpson is no longer a named manager on Principal Equity Income and Principal Small-MidCap Dividend Income and will retire during 2021’s first quarter. Both strategies still have the experienced Dan Coleman at the helm, however, and his new comanager on both funds is a familiar face. As such, the funds retain their Morningstar Analyst Ratings.

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