Principal Funds, Inc. Blue Chip Fund, Class A

Frequently Asked Questions About PBLAX

What does PBLAX invest in?

The fund typically allocates at least 80% of its net assets, including any capital acquired through borrowing for investment, to common stocks. These equity holdings are in companies that boast substantial market capitalizations at the time of purchase and are deemed by the investment advisor to embody the characteristics of a "blue chip" firm. The advisor's strategy emphasizes selecting companies whose securities demonstrate both promising potential for capital appreciation and an expectation of achieving earnings that surpass the average. Additionally, the fund is authorized to invest in the shares of companies located in foreign countries.

What is the expense ratio of PBLAX?

Principal Funds, Inc. Blue Chip Fund, Class A (PBLAX) charges an expense ratio of 0.92%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PBLAX?

Principal Funds, Inc. Blue Chip Fund, Class A (PBLAX) manages $7.68B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is PBLAX actively managed or an index fund?

PBLAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PBLAX's is 0.92%) in exchange for the discretion to over- or under-weight positions.

When was PBLAX launched?

Principal Funds, Inc. Blue Chip Fund, Class A (PBLAX) launched in October 2013 and is managed by Principal.

How has PBLAX performed?

PBLAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.