The investment seeks long-term growth of capital. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies with large market capitalizations at the time of purchase. For this fund, companies with large market capitalizations are those with market capitalizations within the range of companies comprising the Russell 1000 � Value Index (which as of December 31, 2016 ranged between approximately $394.9 million and $634.4 billion ). It invests in value equity securities, an investment strategy that emphasizes buying equity securities that appear to be undervalued.
Fund filings (PDF) »
Joel Fortney (Started: Dec 31, 2014)
Christopher Ibach (Started: Dec 18, 2015)
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Principal Funds, 30 Dan Road, Des Moines, IA 50392, USA