The investment seeks to provide current income and long-term growth of income and capital. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities at the time of purchase. The fund usually invests in equity securities of companies with large market capitalizations. The fund invests in value equity securities, an investment strategy that emphasizes buying equity securities that appear to be undervalued.
Fund filings (PDF) »
David Simpson (Started: Mar 31, 2008)
Daniel Coleman (Started: May 19, 2010)
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Principal Funds, 30 Dan Road, Des Moines, IA 50392, USA