PVEJX

About PVEJX

Principal MidCap Value Fund I Class J is an open-end mutual fund dedicated to achieving long-term capital growth. The fund primarily invests at least 80% of its net assets, along with any borrowings for investment purposes, in equity securities of mid-cap companies that are considered undervalued relative to their intrinsic worth. This value investing strategy focuses on identifying stocks that exhibit favorable price-to-earnings, price-to-book, or other valuation metrics, targeting companies positioned in the middle capitalization segment of the U.S. equity market. By tracking the Russell MidCap® Value Index as its benchmark, the fund provides broad exposure to established firms across diverse industries, helping investors access growth potential and diversification within the mid-cap value universe. Managed by an experienced team, Principal MidCap Value Fund I Class J plays a significant role for investors seeking to balance risk and return by capitalizing on the cyclical nature of value stocks, while maintaining disciplined portfolio management and annual dividend distributions.