MidCap Fund
Principal Funds, Inc · 7 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
MidCap Fund is an actively managed U.S. equity fund. 38% of PMBMX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 85% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2026 Q1
The Fund seeks long-term growth of capital.
The fund invests at least 80% of its net assets in equity securities of mid-capitalization companies, defined as those within the market-cap range of the Russell MidCap Index, and also holds foreign securities.
| Share class | Expense ratio | As of |
|---|---|---|
| C000019310 | 1.14% | 2025 Q1 |
| PMBMX | 1.13% | 2026 Q1 |
| PMBPX | 0.82% | 2026 Q1 |
| PCBIX | 0.67% | 2026 Q1 |
| PMBJX | 0.76% | 2026 Q1 |
| PEMGX | 0.90% | 2026 Q1 |
| PMBCX | 1.71% | 2026 Q1 |
| PMAQX | 0.57% | 2026 Q1 |
Portfolio turnover 13.70% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 100.64% |
| Cash & short-term | 0.02% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Financials | 21.4% |
| Industrials | 17.8% |
| Consumer Discretionary | 14.3% |
| Materials | 10.6% |
| 7 smaller | 35.9% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| — | — | — | — | — | |
| -5.95% | +29.37% | +20.64% | 11.69% | -16.79% | |
| -5.62% | +30.62% | +22.53% | 11.68% | -16.40% | |
| — | — | — | — | — | |
| -5.52% | +31.17% | +23.43% | 11.70% | -16.27% | |
| -5.60% | +30.76% | +22.77% | 11.69% | -16.37% | |
| -5.76% | +30.21% | +21.90% | 11.69% | -16.53% | |
| -6.51% | +27.09% | +17.14% | 11.71% | -17.44% | |
| -5.46% | +31.51% | +23.99% | 11.71% | -16.19% |
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| LYV | Live Nation Entertainment IncLYV | 5.14% | $157.94 | $1.29B | 8.2M |
| VMC | Vulcan Materials CoVMC | 5.12% | $301.74 | $1.29B | 4.3M |
| HEI/A | HEICO Corp - Class AHEI/A | 5.11% | $209.02 | $1.29B | 6.2M |
| BN | Brookfield CorpBN | 5.03% | $45.12 | $1.27B | 28.1M |
| TDG | TransDigm Group IncTDG | 4.91% | $1,159.98 | $1.24B | 1.1M |
| KKR | KKR & Co IncKKR | 4.31% | $104.34 | $1.09B | 10.4M |
| ORLY | O'Reilly Automotive IncORLY | 4.18% | $99.40 | $1.05B | 10.6M |
| CBRE | CBRE Group IncCBRE | 4.14% | $142.73 | $1.04B | 7.3M |
| HLT | Hilton Worldwide Holdings IncHLT | 4.01% | $324.07 | $1.01B | 3.1M |
| MLM | Martin Marietta Materials IncMLM | 3.78% | $619.07 | $951.98M | 1.5M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 45.72% of net assets, top 25 77.11%, across 72 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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