Principal LargeCap S&P 500 Index Fund (PLFMX)
Principal LargeCap S&P 500 Index Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Des Moines, IA, US. The stock last traded at $36.85, up 0.27% on the session, giving a market capitalisation of $11.07B. Its beta of 0.98 implies it has historically moved less than the broad market.
As a standard practice, the fund commits a minimum of 80% of its net assets, along with any borrowed capital used for investment purposes, to the stock securities of companies included in the S&P 500 Index at the time of acquisition. This index is designed to broadly represent the risk and return characteristics typical of large-capitalization U.S. equities.
Principal LargeCap S&P 500 Index Fund is most often compared with the following Financial Services names: