Large Value

Summary

The investment seeks long-term growth of capital.
Fund Assets (millions) $3,447.7
Portfolio Managers 2
Fund Inception Dec 6, 2000
Expense Ratio
(Gross/Net %) 0.79 / 0.72%
Fund Family Principal Funds
Prospectus (PDF)

Returns at NAV

Returns at MOP

Asset Mix

Short % 0% Long %
U.S. Stocks 0.0
95.3
Non-U.S. Stocks 0.0
2.8
U.S. Bonds 0.0
0.0
Non-U.S. Bonds 0.0
0.0
Convertible 0.0
0.0
Preferred 0.0
0.0
Other 0.0
0.0
Cash 1.1
3.0
As of 6/30/2024
Read important information about results and other investment disclosures
This chart tracks a hypothetical investment, with dividends reinvested, through June 30, 2024
PLVIX
S&P 500 TR USD

Market Capitalization

$89,127.5 Mil
Weighted Average

Giant
20.7%
Large
36.6%
Medium
35.0%
Small
7.7%
Micro
0.1%

As of 6/30/2024

Morningstar Ownership ZoneTM

Large Value
Weighted average of holdings
75% of fund's stock holdings
As of 6/30/24
INSIGHTS ON THE MORNINGSTAR OWNERSHIP ZONE

Investment Strategy

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in companies with large market capitalizations at the time of purchase. For this fund, companies with large market capitalizations are those with market capitalizations within the range of companies comprising the Russell 1000 ® Value Index. The fund invests in value equity securities, an investment strategy that emphasizes buying equity securities that appear to be undervalued.

Fund Facts

Fund Inception Dec 6, 2000
Fund Assets (Millions) $3,447.7
Dividend Distribution Frequency Annually
Minimum Investment $0
Capital Gains Distribution Frequency Annually
Turnover 45%
Fiscal Year-End Oct
Prospectus Date Mar 1, 2024

Returns

Month-End Returns as of 6/30/24

Returns at NAV
| at MOP
Read important information about results and other investment disclosures
PLVIX
S&P 500 TR USD
ANNUAL RETURNS CHART

Quarter-End Returns as of 6/30/24

Yield & Valuation

12-Month Distribution Rates (NAV)
--
30-Day SEC Yield (Gross | Net) -- | --
Price/Book 2.54
Price/Cash Flow 10.36
Price/Earnings 16.51
As of 6/30/2024

Portfolio Management

Read important investment disclosures
Years of Experience With Fund
Randy Welch 15 yrs
James Fennessey 15 yrs
As of 6/30/2024

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(1099)
3-yr. Morningstar RatingTM
(1099 funds rated)
5-yr. Morningstar RatingTM
(1035 funds rated)
10-yr. Morningstar RatingTM
(809 funds rated)
Overall Morningstar Risk Average
HIGH
LOW
Morningstar Category
Large Value
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 6/30/2024.

Risk Measures

Fund
Standard Deviation
15.10
Sharpe Ratio
0.53
R-squared
88
Beta
0.93
Capture Ratio (Downside/Upside)
97/85
American Funds and Morningstar Benchmark for the 10 Years Years ending 6/30/24 R-squared, Beta and Capture Ratio calculated using the S&P 500 TR USD.

Holdings

Equities Breakdown

Sectors
Equity Fund Holdings
 Financial Services 17.5%
Technology 15.1%
Healthcare 12.4%
Industrials 11.8%
Energy 9.2%
Consumer Cyclical 8.2%
Consumer Defensive 6.6%
Basic Materials 5.8%
Utilities 5.3%
Communication Services 4.4%
Real Estate 3.8%

Percentage of net assets as of 6/30/2024

Top 10 Holdings

Principal Government Money Market R-6
2.9%
Exxon Mobil Corp
2.4%
UnitedHealth Group Inc
1.9%
Wells Fargo & Co
1.7%
JPMorgan Chase & Co
1.6%
American International Group Inc
1.6%
Alphabet Inc Class A
1.6%
Fidelity National Information Services Inc
1.6%
Qualcomm Inc
1.5%
Johnson & Johnson
1.5%

Percentage of net assets as of 6/30/2024

Geographic Breakdown

Regions | Top Countries
Americas
98.7%
Greater Europe
1.3%
Greater Asia
0.0%
Percentage of net assets as of 6/30/2024

Fees & Expenses

Fees

Annual Management Fees 0.76%
Service 12b-1 --
Maximum Sales Charge --
As of each fund's most recent prospectus.

Expense Ratio

Gross Net
PLVIX 0.79% 0.72%
Morningstar Category: Large Value 1.14% 0.90%
Fund as of most recent prospectus. Morningstar Category as of 6/30/24.