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Principal Capital Appreciation Fund (fka West Coast Equity Fund)
mutual fund
PWCIX
Payout Change
Pending
Price as of:
$90.5
+0.37
+0.41%
primary theme
U.S. Large-Cap Blend Equity
share class
PWCIX (Mutual Fund)
Principal Capital Appreciation Fund (fka West Coast Equity Fund)
Payout Change
Pending
Price as of:
$90.5
+0.37
+0.41%
primary theme
U.S. Large-Cap Blend Equity
share class
PWCIX (Mutual Fund)
Principal Capital Appreciation Fund (fka West Coast Equity Fund)
Payout Change
Pending
Price as of:
$90.5
+0.37
+0.41%
primary theme
U.S. Large-Cap Blend Equity
share class
Name
As of 12/06/2024Price
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
$90.50
$4.26 B
0.73%
$0.66
0.46%
Vitals
YTD Return
31.6%
1 yr return
36.9%
3 Yr Avg Return
12.2%
5 Yr Avg Return
16.7%
Net Assets
$4.26 B
Holdings in Top 10
34.3%
52 WEEK LOW AND HIGH
$90.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.46%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 29.90%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/06/2024Price
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
$90.50
$4.26 B
0.73%
$0.66
0.46%
PWCIX - Profile
Distributions
- YTD Total Return 31.6%
- 3 Yr Annualized Total Return 12.2%
- 5 Yr Annualized Total Return 16.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.90%
- Dividend Yield 0.7%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NamePrincipal Capital Appreciation Fund (fka West Coast Equity Fund)
-
Fund Family NamePrincipal Funds
-
Inception DateJan 16, 2007
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDaniel Coleman
Fund Description
The Fund invests primarily in equity securities of companies with any market capitalization, but it has a greater exposure to large market capitalization companies than small or medium market capitalization companies. Those managing the Fund’s investments seek to invest in securities of businesses that they believe are trading at a discount to their private market value (i.e., the value of the business if it was sold), have a competitive advantage, and/or that have barriers to entry in their respective industries.
PWCIX - Performance
Return Ranking - Trailing
| Period | PWCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 31.6% | -9.4% | 49.7% | 6.35% |
| 1 Yr | 36.9% | -2.0% | 62.3% | 6.28% |
| 3 Yr | 12.2%* | -5.6% | 17.4% | 7.74% |
| 5 Yr | 16.7%* | -0.5% | 110.8% | 8.21% |
| 10 Yr | 13.9%* | 1.6% | 52.7% | 3.71% |
* Annualized
Return Ranking - Calendar
| Period | PWCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 24.2% | -42.6% | 47.4% | 16.86% |
| 2022 | -17.0% | -56.3% | -4.2% | 14.73% |
| 2021 | 16.5% | -27.2% | 537.8% | 53.59% |
| 2020 | 12.6% | -22.5% | 2181.7% | 42.23% |
| 2019 | 22.3% | -13.5% | 40.4% | 55.67% |
Total Return Ranking - Trailing
| Period | PWCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 31.6% | -9.4% | 49.7% | 6.35% |
| 1 Yr | 36.9% | -2.0% | 62.3% | 6.28% |
| 3 Yr | 12.2%* | -5.6% | 17.4% | 7.74% |
| 5 Yr | 16.7%* | -0.5% | 110.8% | 8.21% |
| 10 Yr | 13.9%* | 1.6% | 52.7% | 3.71% |
* Annualized
Total Return Ranking - Calendar
| Period | PWCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 25.4% | -5.0% | 47.4% | 39.09% |
| 2022 | -16.1% | -36.8% | -2.2% | 32.78% |
| 2021 | 28.0% | 3.0% | 537.8% | 34.66% |
| 2020 | 18.8% | -15.8% | 2266.0% | 32.22% |
| 2019 | 32.7% | -0.4% | 241.3% | 11.89% |
NAV & Total Return History
PWCIX - Holdings
Concentration Analysis
| PWCIX | Category Low | Category High | PWCIX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.26 B | 2.34 M | 1.55 T | 32.13% |
| Number of Holdings | 95 | 2 | 3963 | 55.60% |
| Net Assets in Top 10 | 1.58 B | 880 K | 525 B | 32.54% |
| Weighting of Top 10 | 34.30% | 0.3% | 111.6% | 59.72% |
Top 10 Holdings
- Apple Inc 6.02%
- Microsoft Corp 5.74%
- NVIDIA Corp 4.33%
- Alphabet Inc - A Shares 3.55%
- Amazon.com Inc 3.25%
- JPMorgan Chase Co 2.64%
- Meta Platforms Inc 2.41%
- Broadcom Inc 2.18%
- Visa Inc 2.14%
- UnitedHealth Group Inc 2.05%
Asset Allocation
| Weighting | Return Low | Return High | PWCIX % Rank | |
|---|---|---|---|---|
| Stocks | 98.91% | 0.00% | 105.79% | 51.32% |
| Cash | 1.09% | 0.00% | 99.07% | 48.35% |
| Preferred Stocks | 0.00% | 0.00% | 2.03% | 34.84% |
| Other | 0.00% | -13.91% | 100.00% | 57.00% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 31.32% |
| Bonds | 0.00% | 0.00% | 93.85% | 36.41% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PWCIX % Rank | |
|---|---|---|---|---|
| Technology | 20.70% | 0.00% | 48.94% | 73.66% |
| Financial Services | 14.65% | 0.00% | 55.59% | 32.89% |
| Healthcare | 14.17% | 0.00% | 52.29% | 59.82% |
| Consumer Cyclical | 10.16% | 0.00% | 30.33% | 60.23% |
| Communication Services | 9.39% | 0.00% | 27.94% | 24.83% |
| Industrials | 8.90% | 0.00% | 29.90% | 52.52% |
| Energy | 6.17% | 0.00% | 41.64% | 14.26% |
| Consumer Defense | 6.02% | 0.00% | 47.71% | 72.99% |
| Real Estate | 3.92% | 0.00% | 31.91% | 16.36% |
| Utilities | 3.28% | 0.00% | 20.91% | 20.30% |
| Basic Materials | 2.65% | 0.00% | 25.70% | 46.39% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PWCIX % Rank | |
|---|---|---|---|---|
| US | 98.91% | 0.00% | 105.79% | 43.08% |
| Non US | 0.00% | 0.00% | 63.83% | 43.16% |
PWCIX - Expenses
Operational Fees
| PWCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.46% | 0.01% | 19.75% | 75.79% |
| Management Fee | 0.43% | 0.00% | 1.90% | 39.82% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
| PWCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| PWCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 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.
| PWCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 29.90% | 0.00% | 268.00% | 59.53% |
PWCIX - Distributions
Dividend Yield Analysis
| PWCIX | Category Low | Category High | PWCIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.73% | 0.00% | 25.47% | 67.13% |
Dividend Distribution Analysis
| PWCIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| PWCIX | Category Low | Category High | PWCIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.90% | -54.00% | 2.44% | 38.13% |
Capital Gain Distribution Analysis
| PWCIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 27, 2023 | $0.659 | OrdinaryDividend |
| Dec 28, 2022 | $0.551 | OrdinaryDividend |
| Dec 29, 2021 | $0.459 | OrdinaryDividend |
| Dec 20, 2021 | $5.848 | OrdinaryDividend |
| Dec 29, 2020 | $0.600 | OrdinaryDividend |
| Dec 18, 2020 | $2.520 | CapitalGainLongTerm |
| Dec 27, 2019 | $0.634 | OrdinaryDividend |
| Dec 19, 2019 | $0.014 | CapitalGainShortTerm |
| Dec 19, 2019 | $3.657 | CapitalGainLongTerm |
| Dec 27, 2018 | $0.825 | OrdinaryDividend |
| Dec 19, 2018 | $0.669 | CapitalGainShortTerm |
| Dec 19, 2018 | $17.530 | CapitalGainLongTerm |
| Dec 21, 2017 | $0.825 | OrdinaryDividend |
| Dec 20, 2017 | $0.025 | CapitalGainShortTerm |
| Dec 20, 2017 | $4.105 | CapitalGainLongTerm |
| Dec 22, 2016 | $0.788 | OrdinaryDividend |
| Dec 20, 2016 | $5.088 | CapitalGainLongTerm |
| Dec 21, 2015 | $0.872 | OrdinaryDividend |
| Dec 17, 2015 | $2.351 | CapitalGainLongTerm |
| Dec 19, 2014 | $0.725 | OrdinaryDividend |
| Dec 17, 2014 | $2.234 | CapitalGainLongTerm |
| Dec 20, 2013 | $0.608 | OrdinaryDividend |
| Dec 18, 2013 | $1.145 | CapitalGainLongTerm |
| Dec 21, 2012 | $0.730 | OrdinaryDividend |
| Dec 19, 2012 | $0.487 | CapitalGainLongTerm |
| Dec 21, 2011 | $0.419 | OrdinaryDividend |
| Dec 19, 2011 | $0.139 | CapitalGainShortTerm |
| Dec 19, 2011 | $0.344 | CapitalGainLongTerm |
| Dec 21, 2010 | $0.568 | OrdinaryDividend |
| Dec 10, 2010 | $0.042 | CapitalGainShortTerm |
| Dec 10, 2010 | $1.070 | CapitalGainLongTerm |
| Dec 21, 2009 | $0.310 | OrdinaryDividend |
| Dec 10, 2009 | $0.222 | CapitalGainLongTerm |
| Dec 19, 2008 | $0.363 | OrdinaryDividend |
| Dec 10, 2008 | $1.521 | CapitalGainLongTerm |
| Dec 31, 2007 | $0.385 | OrdinaryDividend |
| Dec 06, 2007 | $3.206 | CapitalGainLongTerm |
PWCIX - Fund Manager Analysis
Managers
Daniel Coleman
Start Date
Tenure
Tenure Rank
May 19, 2010
12.04
12.0%
Dan is the Chief Investment Officer at Edge Asset Management, an investment boutique within Principal Global Investors, and serves as a Portfolio Manager. He is responsible for security selection and overseeing the firm’s equity strategies. Dan joined Edge as a Portfolio Manager in 2001 and was promoted to the Head of Equities in 2005. He has been in the investment industry since 1979. Previously, he was Vice President and Senior Business Manager for Info Space, Inc./Go2Net, Inc. His background also includes positions with Brookhaven Capital Management, LLC/Clyde Hill Research and Ragen MacKenzie. Dan received an MBA from New York University and a bachelor's degree in finance from the University of
Theodore Jayne
Start Date
Tenure
Tenure Rank
Sep 30, 2015
6.67
6.7%
Theodore Jayne has been with Principal® since 2015. Prior to that, he was a Managing Director and Portfolio Manager at Wellington Management Company, LLP from 1998 to 2014. He earned a bachelor’s degree in Anthropology from Harvard University. Mr. Jayne has earned the right to use the Chartered Financial Analyst designation.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.27 | 2.42 |
