Principal MidCap Fund Class C (PMBCX)

Overview

The fund focuses on investing primarily in equities of medium market capitalization companies. These are identified as businesses whose market cap falls within the range of those listed in the Russell MidCap® Index. Not limiting its scope to domestic markets, the fund also ventures into foreign securities, thereby diversifying its investment portfolio. The strategy involves committing at least 80% of its net assets, in addition to any funds borrowed for investment purposes, towards acquiring equity securities in these target companies. This approach is tailored for investors seeking exposure to mid-cap equities, which often offer a balanced mix of growth potential and stability compared to their smaller or larger counterparts.

Products and Services

• Equity Securities Investment

Focusing predominantly on companies with medium market capitalizations, this product aims to capitalize on the growth potential of mid-cap stocks. By channeling investments into equity securities within the range defined by the Russell MidCap® Index, the fund seeks to leverage the market dynamism and scaling advantages of mid-sized firms. This investment ethos is designed for those who are looking to diversify their portfolio with equities that potentially offer a blend of risk and reward different from large-cap or small-cap investments.

• Foreign Securities Investment

Expanding beyond domestic markets, this service diversifies its investment strategy through the inclusion of foreign securities. This move not only broadens the spectrum of investment opportunities but also mitigates risk through geographical and economic diversification. By investing in foreign equity markets, the fund aims to capture growth in emerging and developed markets outside its home jurisdiction. This is particularly appealing for investors seeking to internationalize their portfolio and capitalize on global economic trends.