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PEIIX
Mutual Fund ticker: NASDAQ
AS OF
Jan 17 closing price
Price
$40.32
Change
+$0.24 (+0.60%)
Net Assets
8.87B

PEIIX Principal Equity Income Inst Forecast, Technical & Fundamental Analysis

Category LargeValue
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), Costco Wholesale Corp (NASDAQ:COST), Merck & Co (NYSE:MRK), Morgan Stanley (NYSE:MS), MARATHON PETROLEUM Corp (NYSE:MPC).

Industry description

The investment seeks to provide current income and long-term growth of income and capital. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities at the time of purchase. It usually invests in equity securities of companies with large and medium market capitalizations. The fund invests in value equity securities, an investment strategy that emphasizes buying equity securities that appear to be undervalued.

Market Cap

The average market capitalization across the Principal Equity Income Inst MF is 200.53B. The market cap for tickers in the group ranges from 64.5B to 573.02B. JPM holds the highest valuation in this group at 573.02B. The lowest valued company is PCAR at 64.5B.

Volume

The average weekly volume growth across all stocks in the Principal Equity Income Inst MF was 27%. For the same stocks of the MF, the average monthly volume growth was 23% and the average quarterly volume growth was 39%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 77
P/E Growth Rating: 43
Price Growth Rating: 41
SMR Rating: 40
Profit Risk Rating: 14
Seasonality Score: 11 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category LargeValue

Profile
Fundamentals
Details
Category
Large Value
Address
Principal Financial Group711 High StreetDes Moines
Phone
(800) 986-3343
Web
www.principalfunds.com
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PEIIX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, PEIIX has been closely correlated with RMFEX. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if PEIIX jumps, then RMFEX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PEIIX
1D Price
Change %
PEIIX100%
N/A
RMFEX - PEIIX
93%
Closely correlated
+0.52%
RMEBX - PEIIX
93%
Closely correlated
+0.54%
RMFCX - PEIIX
93%
Closely correlated
+0.54%
VIVAX - PEIIX
77%
Closely correlated
+0.62%
VIVIX - PEIIX
77%
Closely correlated
+0.63%
More