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Morningstar

Principal MidCap Growth III R3 PPQMX

Morningstar Medalist Rating
Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 9.93  /  1.95 %
  • Total Assets 1.2 Bil
  • Adj. Expense Ratio
    1.370%
  • Expense Ratio 1.370%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Medium
  • Category Mid-Cap Growth
  • Investment Style Mid Growth
  • Min. Initial Investment —
  • Status Open
  • TTM Yield —
  • Turnover 44%

USD | NAV as of Dec 01, 2023 | 1-Day Return as of Dec 01, 2023, 11:24 PM GMT+0

Morningstar’s Analysis PPQMX

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

People Pillar

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

Principal MidCap Growth III R3's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PPQMX

More PPQMX Holdings
  • Current Portfolio Date
  • Equity Holdings 367
  • Bond Holdings 0
  • Other Holdings 5
  • % Assets in Top 10 Holdings 17.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MSCI Inc

2.13
22,923,932
Financial Services

IDEXX Laboratories Inc

1.97
21,214,254
Healthcare

DexCom Inc

1.90
20,508,093
Healthcare

Veeva Systems Inc Class A

1.74
18,800,017
Healthcare

PTC Inc

1.72
18,572,651
Technology

Tyler Technologies Inc

1.67
18,033,817
Technology

Principal Government Money Market R-6

1.64
17,711,581
—

Synopsys Inc

1.56
16,789,522
Technology

Monolithic Power Systems Inc

1.44
15,545,272
Technology

Copart Inc

1.43
15,385,060
Industrials