The investment seeks long-term growth of capital. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies with medium market capitalizations at the time of each purchase. It invests in growth equity securities; growth orientation emphasizes buying equity securities of companies whose potential for growth of capital and earnings is expected to be above average. The fund actively trades portfolio securities and invests its assets in the securities of foreign issuers.
Fund filings (PDF) »
Michael Iacono (Started: Feb 29, 2008)
Katerina Wasserman (Started: Mar 1, 2010)
Clifford Fox (Started: Jan 5, 2005)
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Principal Funds, 30 Dan Road, Des Moines, IA 50392, USA