Principal Global Real Estate Securities Fund Class A (POSAX)
Principal Global Real Estate Securities Fund Class A operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Des Moines, IA, US. The stock last traded at $9.10, down 0.22% on the session, giving a market capitalisation of $1.60B. Its beta of 0.87 implies it has historically moved less than the broad market.
This fund typically dedicates a minimum of 80% of its total assets, including any borrowed capital, to equities issued by companies, both domestic and international, primarily involved in the real estate sector at the time of acquisition. For the purpose of the fund's investment strategy, a real estate company is defined as one that derives at least 50% of its assets, income, or profits from products or services within the real estate industry.
Principal Global Real Estate Securities Fund Class A is most often compared with the following Financial Services names: