Notable companies
The most notable companies in this group are Broadcom Inc. (NASDAQ:AVGO), JPMorgan Chase & Co (NYSE:JPM), Unitedhealth Group (NYSE:UNH), Johnson & Johnson (NYSE:JNJ), Wells Fargo & Co (NYSE:WFC), American International Group (NYSE:AIG).
Industry description
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 companies with large market capitalizations at the time of purchase. For this fund, companies with large market capitalizations are those with market capitalizations within the range of companies comprising the Russell 1000 ® Value Index. 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 Large Cap Value III R3 MF is 321.16B. The market cap for tickers in the group ranges from 30.71B to 1.12T. AVGO holds the highest valuation in this group at 1.12T. The lowest valued company is VRT at 30.71B.
Volume
The average weekly volume growth across all stocks in the Principal Large Cap Value III R3 MF was 69%. For the same stocks of the MF, the average monthly volume growth was 52% and the average quarterly volume growth was 9%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 58
P/E Growth Rating: 43
Price Growth Rating: 45
SMR Rating: 52
Profit Risk Rating: 33
Seasonality Score: 20 (-100 ... +100)