Request URL: https://www.principal.com/InvestmentProfiles/index.faces
Investment Type: pif

MidCap Value I R5 Fund (PABVX)

Quick Facts Ticker: PABVX Inception Date: 06/01/2004 Extended Performance Inception Date: 12/29/2003 Morningstar Category: Mid Cap Value Total Net Assets (mil): $2,448.70	Investment Strategy    What's this? The investment seeks long-term growth of capital. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of value companies with medium market capitalizations. It invests in value equity securities, an investment strategy that emphasizes buying equity securities that appear to be undervalued.
Morningstar Style Box™   as of 05/31/2025    What's this?	Overall Morningstar Star Rating™   as of 06/30/2025    What's this? Out of 383 Mid Cap Value Funds Morningstar's Star Ratings reflect risk adjusted performance and are derived from a weighted average of the performance figures associated with its three, five, and ten-year (if applicable) time periods.

Total Returns

Month-End | Quarter-End

Average Annual Total Returns as of 06/30/2025

1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since      Inception* Total Return % 2.23 3.24 1.43 7.56 10.51 14.18 8.46 9.28 Russell Midcap Value Index % 3.51 5.35 3.12 11.53 11.34 13.71 8.39 --- Mid Cap Value Category % 3.36 3.79 2.04 9.26 11.01 14.30 8.12 --- Morningstar Percentile Rankings** --- --- --- 63 56 48 43 --- # of Funds in Category 419 417 415 412 383 358 283 ---

* Inception Date: 06/01/2004 ; Extended Performance Inception Date: 12/29/2003

**Morningstar percentile rankings are based on total returns.

Expenses   as of 06/30/2025 Total Investment Expense - Gross: 0.90% Total Investment Expense - Net: 0.88% Waiver Date: 02/28/2026 Total Investment Expense Gross Per $1,000 Invested: $9.00

Inv Manager or Sub-Advisor

   What's this?

LA Capital Management

Victory Capital Management

Portfolio Managers

   What's this?

James W. Fennessey , CFA Since 06/02/2009 B.S. , Truman State University

Randy L. Welch Since 06/02/2009 M.B.A. , Drake University

Michael Messina Since 03/31/2025

May Tong , CFA Since 03/31/2025 B.A./B.S. , Boston College