Principal Small-MidCap Dividend Income's veteran team and well-defined process earn the strategy's cheaper share classes a Morningstar Analyst Rating of Bronze, while its pricier shares are rated Neutral.
Principal Small-MidCap Dividend Inc Inst PMDIX
NAV / 1-Day Return
12.01
/
0.92
%
Total Assets
1.6 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.
0.860%
Expense Ratio
0.860%
Fee Level
Average
Longest Manager Tenure
9.16
years
Category
US Fund Mid-Cap Value
Investment Style
Mid BlendMin. Initial Investment
0
Status
Open
TTM Yield
2.24%
Turnover
22%
Premium
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 PMDIX 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 PMDIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PMDIX 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 PMDIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A fine, rare strategy.
