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PQIAX
Mutual Fund ticker: NASDAQ
AS OF
Dec 20 closing price
Price
$39.17
Change
+$0.45 (+1.16%)
Net Assets
8.74B

PQIAX Principal Equity Income A Forecast, Technical & Fundamental Analysis

Category LargeValue
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 A MF is 201.01B. 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 A MF was 200%. For the same stocks of the MF, the average monthly volume growth was 229% and the average quarterly volume growth was -40%

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: 41
Price Growth Rating: 44
SMR Rating: 40
Profit Risk Rating: 15
Seasonality Score: 21 (-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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PQIAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, PQIAX 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 PQIAX jumps, then RMFEX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PQIAX
1D Price
Change %
PQIAX100%
+1.16%
RMFEX - PQIAX
93%
Closely correlated
+1.03%
RMEBX - PQIAX
93%
Closely correlated
+1.01%
RMFCX - PQIAX
93%
Closely correlated
+1.02%
VIVAX - PQIAX
77%
Closely correlated
+1.17%
VIVIX - PQIAX
77%
Closely correlated
+1.17%
More