Principal SmallCap S&P 600 Index Fund Institutional Class (PSSIX) seeks long-term capital appreciation. PSSIX invests a bulk of its assets in equity securities of companies which are included in the S&P SmallCap 600 Index.
This Small Blend product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 9.2% and 5 year 14%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
PSSIX’s performance, as of the last filing, when compared to funds in its category was in the top 24% over the past 1 year, and in the top 9% over the past 3 years and in the top 5% over the past 5 years.
The Principal SmallCap S&P 600 Index Fund Institutional Class fund, as of the last filing, allocates their fund in top three major groups; Small Value, Small Growth and Large Value. Further, as of the last filing, Take Two Interactive Soft, PDC Energy Inc and Littelfuse Inc were the top holdings for PSSIX.
This Zacks Rank #1 (Strong Buy) was incepted in March 2004 and is managed by Principal Fin. PSSIX carries an expense ratio of 0.21% and requires a minimal initial investment of $0.
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