Principal Fds, Inc. Equity Income Fd Cl A (PQIAX)
Principal Fds, Inc. Equity Income Fd Cl A operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Des Moines, IA, US. The stock last traded at $46.69, up 0.19% on the session, giving a market capitalisation of $8.08B. Its beta of 0.80 implies it has historically moved less than the broad market.
Typically, the fund allocates a minimum of 80% of its net assets, including any borrowed capital for investment purposes, to dividend-distributing equity securities at the time of acquisition. Its holdings frequently consist of shares from corporations with substantial to moderate market valuations. The fund adheres to a value investing approach, seeking out and purchasing equity securities it believes are trading below their intrinsic worth.
Principal Fds, Inc. Equity Income Fd Cl A is most often compared with the following Financial Services names: