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Morningstar

Principal Real Estate Securities Inst PIREX

Morningstar Medalist Rating
Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 24.98  /  1.26 %
  • Total Assets 5.3 Bil
  • Adj. Expense Ratio
    0.860%
  • Expense Ratio 0.860%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Real Estate
  • Investment Style Mid Blend
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 2.59%
  • Turnover 19%

USD | NAV as of May 27, 2023 | 1-Day Return as of May 27, 2023, 12:02 AM GMT+0

Morningstar’s Analysis PIREX

Will PIREX 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 PIREX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the PIREX 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 PIREX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A flexible real estate fund with good long-term results.

Senior Analyst David Kathman

David Kathman

Senior Analyst

Summary

Principal Real Estate Securities remains a solid choice among U.S. REIT mutual funds. Its institutional, R5, and R6 shares earn a Morningstar Analyst Rating of Bronze, while the pricier shares are rated Neutral.

by David Kathman
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PIREX

More PIREX Holdings
  • Current Portfolio Date Apr 30, 2023
  • Equity Holdings 40
  • Bond Holdings 0
  • Other Holdings 2
  • % Assets in Top 10 Holdings 47.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Prologis Inc

7.57
428,458,832
Real Estate

AvalonBay Communities Inc

5.15
291,506,058
Real Estate

Ventas Inc

5.15
291,492,058
Real Estate

VICI Properties Inc Ordinary Shares

4.90
277,342,645
Real Estate

Welltower Inc

4.74
268,416,769
Real Estate

Extra Space Storage Inc

4.35
245,897,789
Real Estate

American Tower Corp

3.97
224,490,939
Real Estate

Sun Communities Inc

3.87
219,016,198
Real Estate

Essex Property Trust Inc

3.76
212,646,344
Real Estate

Invitation Homes Inc

3.76
212,639,513
Real Estate