The most notable companies in this group are Alibaba Group Holding Limited (NYSE:BABA), PDD Holdings (NASDAQ:PDD).
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 emerging market companies at the time of purchase. The advisor considers a security to be tied economically to an emerging market if the issuer of the security has its principal place of business or principal office in an emerging market, has its principal securities trading market in an emerging market, or derives a majority of its revenue from emerging markets.
The average market capitalization across the Principal Origin Emerging Markets A MF is 191.54B. The market cap for tickers in the group ranges from 156.4B to 198.95B. BABA holds the highest valuation in this group at 198.95B. The lowest valued company is PDD at 156.4B.
The average weekly volume growth across all stocks in the Principal Origin Emerging Markets A MF was -17%. For the same stocks of the MF, the average monthly volume growth was 33% and the average quarterly volume growth was 21%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 59
P/E Growth Rating: 45
Price Growth Rating: 60
SMR Rating: 48
Profit Risk Rating: 68
Seasonality Score: 31 (-100 ... +100)