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Morningstar

Principal Real Estate Securities R1 PRAEX

Morningstar Medalist Rating
Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 23.77  /  1.94 %
  • Total Assets 5.3 Bil
  • Adj. Expense Ratio
    1.680%
  • Expense Ratio 1.680%
  • Distribution Fee Level High
  • Share Class Type Retirement, Medium
  • Category Real Estate
  • Investment Style Mid Blend
  • Min. Initial Investment —
  • Status Limited
  • TTM Yield 2.06%
  • Turnover 19%

USD | NAV as of Sep 26, 2023 | 1-Day Return as of Sep 26, 2023, 10:21 PM GMT+0

Morningstar’s Analysis PRAEX

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

People Pillar

The People Pillar is our evaluation of the PRAEX 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 PRAEX’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

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Portfolio Holdings PRAEX

More PRAEX Holdings
  • Current Portfolio Date
  • Equity Holdings 39
  • Bond Holdings 0
  • Other Holdings 2
  • % Assets in Top 10 Holdings 49.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Prologis Inc

7.61
432,890,903
Real Estate

Welltower Inc

6.12
348,141,418
Real Estate

Ventas Inc

5.10
289,747,436
Real Estate

AvalonBay Communities Inc

5.05
286,959,748
Real Estate

VICI Properties Inc Ordinary Shares

4.52
256,770,201
Real Estate

Digital Realty Trust Inc

4.44
252,552,288
Real Estate

Equinix Inc

4.39
249,635,282
Real Estate

Extra Space Storage Inc

4.24
241,050,067
Real Estate

Essex Property Trust Inc

3.90
221,831,907
Real Estate

Invitation Homes Inc

3.89
221,329,870
Real Estate