PESSX Principal Glb Emerging Markets R4 Forecast, Technical & Fundamental Analysis

The most notable companies in this group are PDD Holdings (NASDAQ:PDD).

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).

The average market capitalization across the Principal Glb Emerging Markets R4 MF is 167.4B. The market cap for tickers in the group ranges from 156B to 156B. PDD holds the highest valuation in this group at 156B. The lowest valued company is PDD at 156B.

The average weekly volume growth across all stocks in the Principal Glb Emerging Markets R4 MF was -18%. For the same stocks of the MF, the average monthly volume growth was 85% and the average quarterly volume growth was 66%