Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
SmallCap Fund (fka SmallCap Blend Fund)
mutual fund
PSBJX
Payout Change
Pending
Price as of:
$25.92
-0.11
-0.42%
primary theme
U.S. Small-Cap Blend Equity
share class
PSBJX (Mutual Fund)
SmallCap Fund (fka SmallCap Blend Fund)
Payout Change
Pending
Price as of:
$25.92
-0.11
-0.42%
primary theme
U.S. Small-Cap Blend Equity
share class
PSBJX (Mutual Fund)
SmallCap Fund (fka SmallCap Blend Fund)
Payout Change
Pending
Price as of:
$25.92
-0.11
-0.42%
primary theme
U.S. Small-Cap Blend Equity
share class
Name
As of 12/13/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
12.4%
1 yr return
13.2%
3 Yr Avg Return
2.4%
5 Yr Avg Return
9.1%
Net Assets
$1.6 B
Holdings in Top 10
16.6%
52 WEEK LOW AND HIGH
$26.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.04%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 38.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/13/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
PSBJX - Profile
Distributions
- YTD Total Return 12.4%
- 3 Yr Annualized Total Return 2.4%
- 5 Yr Annualized Total Return 9.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.20%
- Dividend Yield 0.3%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameSmallCap Fund (fka SmallCap Blend Fund)
-
Fund Family NamePrincipal Funds
-
Inception DateOct 31, 2003
-
Shares OutstandingN/A
-
Share ClassJ
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPhil Nordhus
Fund Description
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 small market capitalizations at the time of purchase. For this Fund, companies with small market capitalizations are those with market capitalizations within the range of companies comprising the Russell 2000® Index (as of January 31, 2024, this range was between approximately $13.0 million and $27.9 billion). Those managing the Fund’s investments seek to invest in securities of companies that they believe have improving and sustainable business fundamentals, rising investor expectations, and attractive relative valuations.
PSBJX - Performance
Return Ranking - Trailing
| Period | PSBJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.4% | -1.5% | 40.1% | 71.62% |
| 1 Yr | 13.2% | 0.0% | 49.5% | 77.71% |
| 3 Yr | 2.4%* | -11.3% | 45.7% | 84.20% |
| 5 Yr | 9.1%* | -12.3% | 38.2% | 56.83% |
| 10 Yr | 9.0%* | -2.8% | 18.6% | 39.65% |
* Annualized
Return Ranking - Calendar
| Period | PSBJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 11.8% | -19.9% | 29.0% | 63.29% |
| 2022 | -20.4% | -59.3% | 118.2% | 45.38% |
| 2021 | 10.2% | -31.6% | 39.3% | 51.37% |
| 2020 | 18.9% | -51.0% | 39.5% | 8.82% |
| 2019 | 19.7% | -5.6% | 37.8% | 58.37% |
Total Return Ranking - Trailing
| Period | PSBJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.4% | -1.5% | 40.1% | 71.62% |
| 1 Yr | 13.2% | 0.0% | 49.5% | 77.71% |
| 3 Yr | 2.4%* | -11.3% | 45.7% | 84.20% |
| 5 Yr | 9.1%* | -12.3% | 38.2% | 56.83% |
| 10 Yr | 9.0%* | -2.8% | 18.6% | 39.65% |
* Annualized
Total Return Ranking - Calendar
| Period | PSBJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.6% | -11.7% | 31.8% | 62.72% |
| 2022 | -20.3% | -45.2% | 123.7% | 80.58% |
| 2021 | 19.8% | 0.0% | 45.6% | 71.09% |
| 2020 | 21.8% | -50.5% | 46.9% | 7.82% |
| 2019 | 27.3% | 2.2% | 40.9% | 22.38% |
NAV & Total Return History
PSBJX - Holdings
Concentration Analysis
| PSBJX | Category Low | Category High | PSBJX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.6 B | 555 K | 145 B | 20.53% |
| Number of Holdings | 128 | 2 | 2445 | 56.65% |
| Net Assets in Top 10 | 275 M | 124 K | 10.3 B | 22.62% |
| Weighting of Top 10 | 16.64% | 3.1% | 100.1% | 48.66% |
Top 10 Holdings
- Insmed Inc 2.41%
- Taylor Morrison Home Corp 1.95%
- Modine Manufacturing Co 1.87%
- Chart Industries Inc 1.83%
- Lazard Inc 1.53%
- Parsons Corp 1.50%
- Popular Inc 1.50%
- Varonis Systems Inc 1.36%
- First Industrial Realty Trust Inc 1.35%
- Agree Realty Corp 1.33%
Asset Allocation
| Weighting | Return Low | Return High | PSBJX % Rank | |
|---|---|---|---|---|
| Stocks | 98.73% | 4.44% | 107.74% | 43.73% |
| Cash | 1.38% | 0.00% | 27.02% | 57.79% |
| Preferred Stocks | 0.00% | 0.00% | 5.13% | 72.81% |
| Other | 0.00% | -0.07% | 49.08% | 84.60% |
| Convertible Bonds | 0.00% | 0.00% | 3.17% | 72.76% |
| Bonds | 0.00% | 0.00% | 102.81% | 74.14% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PSBJX % Rank | |
|---|---|---|---|---|
| Industrials | 17.31% | 2.46% | 37.42% | 43.65% |
| Technology | 15.39% | 0.00% | 43.95% | 30.19% |
| Financial Services | 15.26% | 0.00% | 35.52% | 55.77% |
| Healthcare | 13.64% | 0.00% | 26.53% | 48.46% |
| Consumer Cyclical | 13.60% | 0.99% | 47.79% | 16.73% |
| Real Estate | 7.55% | 0.00% | 29.43% | 45.96% |
| Energy | 5.17% | 0.00% | 37.72% | 69.42% |
| Consumer Defense | 5.13% | 0.00% | 18.87% | 25.77% |
| Utilities | 3.17% | 0.00% | 18.58% | 27.69% |
| Basic Materials | 3.06% | 0.00% | 18.66% | 87.69% |
| Communication Services | 0.71% | 0.00% | 14.85% | 91.92% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PSBJX % Rank | |
|---|---|---|---|---|
| US | 98.73% | 2.58% | 107.74% | 37.83% |
| Non US | 0.00% | 0.00% | 97.07% | 76.81% |
PSBJX - Expenses
Operational Fees
| PSBJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.04% | 0.01% | 38.30% | 52.29% |
| Management Fee | 0.74% | 0.00% | 1.50% | 49.81% |
| 12b-1 Fee | 0.15% | 0.00% | 1.00% | 23.33% |
| Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
| PSBJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 5.00% | 68.09% |
Trading Fees
| PSBJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| PSBJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 38.00% | 1.00% | 314.00% | 39.29% |
PSBJX - Distributions
Dividend Yield Analysis
| PSBJX | Category Low | Category High | PSBJX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.31% | 0.00% | 42.47% | 16.54% |
Dividend Distribution Analysis
| PSBJX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
| PSBJX | Category Low | Category High | PSBJX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.20% | -2.40% | 2.49% | 76.73% |
Capital Gain Distribution Analysis
| PSBJX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 21, 2023 | $0.081 | OrdinaryDividend |
| Dec 20, 2023 | $0.692 | OrdinaryDividend |
| Dec 21, 2022 | $0.020 | OrdinaryDividend |
| Dec 20, 2021 | $2.132 | OrdinaryDividend |
| Dec 18, 2020 | $0.563 | OrdinaryDividend |
| Dec 20, 2019 | $0.040 | OrdinaryDividend |
| Dec 19, 2019 | $1.213 | CapitalGainLongTerm |
| Dec 20, 2018 | $0.046 | OrdinaryDividend |
| Dec 19, 2018 | $0.663 | CapitalGainShortTerm |
| Dec 19, 2018 | $2.240 | CapitalGainLongTerm |
| Dec 21, 2017 | $0.008 | OrdinaryDividend |
| Dec 20, 2017 | $0.315 | CapitalGainShortTerm |
| Dec 20, 2017 | $1.656 | CapitalGainLongTerm |
| Dec 22, 2016 | $0.140 | OrdinaryDividend |
| Dec 20, 2016 | $0.429 | CapitalGainLongTerm |
| Dec 17, 2015 | $0.735 | CapitalGainLongTerm |
| Dec 17, 2014 | $0.408 | CapitalGainShortTerm |
| Dec 17, 2014 | $2.064 | CapitalGainLongTerm |
| Dec 18, 2013 | $0.127 | CapitalGainShortTerm |
| Dec 18, 2013 | $1.437 | CapitalGainLongTerm |
| Dec 28, 2012 | $0.007 | ExtraDividend |
| Dec 21, 2012 | $0.059 | OrdinaryDividend |
| Dec 19, 2012 | $0.087 | CapitalGainLongTerm |
| Dec 19, 2008 | $0.037 | OrdinaryDividend |
| Dec 21, 2007 | $0.397 | CapitalGainShortTerm |
| Dec 21, 2007 | $1.032 | CapitalGainLongTerm |
| Dec 06, 2006 | $0.080 | CapitalGainShortTerm |
| Dec 06, 2006 | $1.317 | CapitalGainLongTerm |
| Dec 06, 2005 | $0.112 | CapitalGainShortTerm |
| Dec 06, 2005 | $0.832 | CapitalGainLongTerm |
| Dec 06, 2004 | $0.102 | CapitalGainShortTerm |
| Dec 06, 2004 | $0.745 | CapitalGainLongTerm |
| Dec 04, 2003 | $0.029 | CapitalGainLongTerm |
PSBJX - Fund Manager Analysis
Managers
Phil Nordhus
Start Date
Tenure
Tenure Rank
May 19, 2006
16.04
16.0%
Phil is a portfolio manager for Principal Global Equities. He serves as lead portfolio manager for the firm's U.S. small-cap equity portfolios. In addition, his responsibilities include leadership of the small-cap analyst team. Phil joined the firm in 1990 and was previously in corporate acquisitions and divestitures before moving to the equity group in 2000. He received an MBA from Drake University and a bachelor's degree in economics from Kansas State University. Phil has earned the right to use the Chartered Financial Analyst designation and is a member of the CFA Institute.
Brian Pattinson
Start Date
Tenure
Tenure Rank
Jul 20, 2011
10.87
10.9%
Brian is a portfolio manager at Principal Global Equities. Brian leads the global small-cap team which encompasses international small-cap and U.S. small-cap strategies. He serves as the lead portfolio manager for the firm's international portfolios while providing oversight to the U.S. small-cap team. Brian also leads the global small-cap team’s research and development efforts. He joined the firm in 1994 and became a portfolio manager in 2001. Brian received an MBA and a bachelor’s degree in finance from the University of Iowa. Brian has earned the right to use the Chartered Financial Analyst designation. He is a member of the CFA Society of Iowa and the CFA Institute.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 49.61 | 7.17 | 2.58 |
