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Investment Type: pifretail

Global Emerging Markets Fund (J) (PIEJX)






Class A | Class J | Class I

Quick Facts


PIEJX
03/01/2001

12/06/2000
Diversified Emerging Mkts
$243.31

Investment Strategy

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The investment seeks long-term growth of capital. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of emerging market companies at the time of purchase. The fund's managers consider "emerging market" to mean any market that is considered to be an emerging market by the international financial community (including the MSCI Emerging Markets Index or Bloomberg Emerging Markets USD Aggregate Bond Index). It invests in equity securities regardless of market capitalization (small, medium or large) and style (growth or value).




Morningstar Style Box™

  as of 02/29/2024
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Investment Style
Stylebox Market Capitalization

Overall Morningstar Star Rating™

  as of 03/31/2024
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Out of 721 Diversified Emerging Mkts Funds

StarRating

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



Investment results shown represent historical performance and do not guarantee future results. Investment returns and principal values fluctuate with changes in interest rates and other market conditions so the value, when redeemed, may be worth more or less than original costs. Current performance may be lower or higher than the performance data shown.

Where gross and net expense ratios differ, the investment adviser has contractually agreed to limit the investment option's expenses. Differences also may be due to the investment adviser's decision to pay (through the same dates) certain expenses that would normally be payable by the fund.


Month-End | Quarter-End
Average Annual Total Returns as of 03/31/2024
1 Month3 MonthYTD1 Year3 Year5 Year10 YearSince     
Inception*
Excluding Sales Charge % 2.90 4.21 4.21 11.80 -4.53 3.26 2.75 6.84
Including Sales Charge % 1.90 3.21 3.21 10.80 -4.53 3.26 2.75 6.84
MSCI Emerging Markets NR Index % 2.48 2.37 2.37 8.15 -5.05 2.22 2.95 ---
Diversified Emerging Mkts Category % 2.01 2.70 2.70 10.31 -3.83 3.23 2.96 ---
Morningstar Percentile Rankings** --- --- --- 38 53 43 54 ---
# of Funds in Category 836 835 835 817 721 657 425 ---
03/01/200112/06/2000
**Morningstar percentile rankings are based on total returns and do not reflect the inclusion of sales charges. If sales charges were reflected, rankings could be lower.


Expenses

  as of 03/31/2024
Total Investment Expense - Gross: 1.58%
Total Investment Expense - Net: 1.30%
Contractual Cap Date: 02/28/2025
Contingent Deferred Sales Charge: 1.00%
12b-1 Fee: 0.15%



Inv Manager or Sub-Advisor

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Principal Global Investors



Portfolio Managers

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Jeffrey Kilkenny , CFA
Since 01/10/2020
B.A./B.S. , University of Iowa






Morningstar
© 2024 Morningstar, Inc. All Rights Reserved. Part of the mutual fund data contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

The full name of this investment option is Principal Global Emerging Markets Fund (J).

Investors should carefully consider a fund's investment objectives, risks, charges, and expenses prior to investing. A prospectus, or summary prospectus if available, containing this and other information can be obtained by contacting a financial professional, visiting principalfunds.com, or calling 800-222-5852. Read the prospectus carefully before investing.

Principal Funds are distributed by Principal Funds Distributor, Inc.

Not FDIC Insured
May Lose Value - Not a Deposit - No Bank Guarantee
Not Insured by any Federal Government Agency

MSCI Emerging Markets NR Index measures the performance of the large and mid cap segments of emerging market equity securities. It is free float-adjusted market-capitalization weighted.

Instances of high double-digit returns were achieved primarily during favorable market conditions and may not be sustainable over time.

These calculated returns reflect the historical performance of the oldest share class of the fund, adjusted to reflect a portion of the fees and expenses of this share class. For time periods prior to inception date of the fund, predecessor performance is reflected. Please see the fund's prospectus for more information on specific expenses, and the fund's most recent shareholder report for actual date of first sale. Expenses are deducted from income earned by the fund. As a result, dividends and investment results will differ for each share class.

International and global investment options are subject to additional risk due to fluctuating exchange rates, foreign accounting and financial policies, and other economic and political environments.