PEMCX

About PEMCX

Principal Edge MidCap Fund Class A is an open-end mutual fund focused on achieving long-term capital growth. The fund primarily invests in equity securities of medium-sized companies, maintaining at least 80% of its net assets in mid-cap stocks. Its investment approach blends value and growth styles, seeking to construct a balanced portfolio that avoids overexposure to any single sector by maintaining a sector-neutral stance. This strategy is designed to mitigate risk and enhance returns through careful stock selection, often referred to as a "stock picker’s portfolio." The fund also includes allocations to real estate investment trust (REIT) securities, further broadening its exposure within the equity asset class. By concentrating on mid-cap companies, the fund aims to capture the growth potential typical of this segment while managing cap-size drift by reinvesting proceeds from maturing holdings back into new mid-cap opportunities. The Principal Edge MidCap Fund Class A is benchmarked against the Russell Midcap Index and serves investors seeking diversified access to U.S. mid-cap equities within a disciplined, actively managed framework.