Principal Small-MidCap Dividend Income’s veteran leadership and effective approach should help it carry on after a recent retirement and a rough 2020. Most share classes earn a Morningstar Analyst Rating of Bronze, but the pricier C shares are rated Neutral.
Principal Small-MidCap Dividend Inc Inst PMDIX
NAV / 1-Day Return
17.01
/
1.07
%
Total Assets
1.1 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.
0.850%
Expense Ratio
0.850%
Fee Level
Average
Longest Manager Tenure
10.31
years
Category
Mid-Cap Value
Investment Style
Small ValueMin. Initial Investment
0
Status
Open
TTM Yield
1.12%
Turnover
29%
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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 few changes and challenges, but still promising.
