Principal MidCap Institutional (PCBIX)
Principal MidCap Institutional operates in the Asset Management industry of the Financial Services sector, headquartered in Newport Beach, CA, US. The stock last traded at $42.84, up 0.05% on the session, giving a market capitalisation of $25.01B. Its beta of 0.91 implies it has historically moved less than the broad market.
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 medium market capitalizations. For this fund, companies with medium market capitalizations are those with market capitalizations within the range of companies comprising the Russell MidCap® Index. The fund also invests in foreign securities.
Principal MidCap Institutional is most often compared with the following Financial Services names: