PPQJX

About PPQJX

Principal MidCap Growth Fund III Class J is an open-ended mutual fund focused on providing long-term capital appreciation through investments predominantly in U.S. mid-cap growth equities. The fund targets companies whose market capitalizations fall within the range defined by the Russell MidCap® Growth Index, emphasizing firms anticipated to achieve above-average earnings and revenue expansion. Managed by an experienced team, the fund typically allocates at least 80% of its assets to these growth-oriented stocks, seeking out businesses with robust fundamentals and strong prospects for future development. This fund operates within the mid-cap growth category, which is defined by holdings in companies that are larger than small-caps but smaller than large-caps, occupying the middle segment of the market capitalization spectrum. These firms are often in the growth phase of their corporate lifecycle, characterized by high earnings growth rates and comparatively higher stock valuations. Principal MidCap Growth Fund III Class J tracks its performance against the Russell MidCap Growth Index benchmark and provides access to a diversified portfolio of U.S. mid-cap growth companies, making it a notable vehicle for investors aiming to participate in the growth potential of midsize U.S. enterprises.