Intro Guide to the Principal MidCap P Fund (PMCPX)
Principal MidCap P ( PMCPX ) a Zacks Rank #2 (Buy) seeks capital growth for the long run. PMCPX invests more than 80% of its assets in securities of mid-cap companies. For PMCPX, companies which fall within the range of Russell Midcap Index are generally selected. PMCPX was incepted in September 2010 and is managed by Principal Management Corp.
Principal MidCap P, managed by Principal Funds , carries an expense ratio of 0.70%. Moreover, PMCPX requires a minimal initial investment of $0.
This fund, as of the last filing, allocates their fund in four major groups; Large Growth, Small Value, Foreign Stock and Intermediate Bond. Further, as of the last filing, Brookfield Asset Management, SBA Communications and Markel were the top holdings for PMCPX.
PMCPX has a history of positive total returns for over 5 years. Specifically, the fund's returns over the 1, 3, 5 year benchmarks; 1 year 10.22%, 3 year 8.00% and 5 year 14.89%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .
PMCPX's performance, as of the last filing, when compared to funds in its category was in the top 37% in 1 year, top 14% over the past 3 years, and in the 11% over the past 5 years.
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