Large Value

Summary

The investment seeks to provide current income and long-term growth of income and capital.
Fund Assets (millions) $7,844.1
Portfolio Managers 3
Fund Inception May 31, 1939
Gross Expense Ratio 0.54%
Fund Family Principal Funds
Prospectus (PDF)

Returns at NAV

Returns at MOP

Asset Mix

U.S. Stocks 87.98%
Non-U.S. Stocks 10.65%
U.S. Bonds 0.11%
Non-U.S. Bonds 0.00%
Convertible 0.00%
Preferred 0.00%
Other 0.00%
Cash 1.27%
As of 3/31/2026
Read important information about results and other investment disclosures
This chart tracks a hypothetical investment, with dividends reinvested, through March 31, 2026
PEIIX
S&P 500 TR USD

Market Capitalization

$0.0 Mil
Average

Giant
26.7%
Large
43.6%
Medium
27.4%
Small
2.3%
Micro
0.0%

As of 3/31/2026

Morningstar Ownership ZoneTM

Large Value
Weighted average of holdings
75% of fund's stock holdings
As of 3/31/26
INSIGHTS ON THE MORNINGSTAR OWNERSHIP ZONE

Investment Strategy

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities. The managers define dividend-paying equity securities as securities that produced dividend income within the last rolling 12 months. It usually invests in equity securities of companies with large and medium market capitalizations.

Fund Facts

Fund Inception May 31, 1939
Fund Assets (Millions) $7,844.1
Dividend Distribution Frequency Quarterly
Minimum Investment $0
Capital Gains Distribution Frequency Annually
Turnover 17%
Fiscal Year-End Oct
Prospectus Date Mar 1, 2026

Returns

Month-End Returns as of 3/31/26

Returns at NAV
| at MOP
Read important information about results and other investment disclosures
PEIIX
S&P 500 TR USD
ANNUAL RETURNS CHART

Quarter-End Returns as of 3/31/26

Yield & Valuation

12-Month Distribution Rates (NAV)
1.53%
30-Day SEC Yield (Gross | Net) 1.32% | 1.36%
Price/Book 3.07
Price/Cash Flow 13.97
Price/Earnings 18.49
As of 3/31/2026

Portfolio Management

Read important investment disclosures
Years of Experience With Fund
Daniel Coleman 15 yrs
Nedret Vidinli 9 yrs
Sarah Radecki 5 yrs
As of 3/31/2026

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(1048)
3-yr. Morningstar RatingTM
(1048 funds rated)
5-yr. Morningstar RatingTM
(983 funds rated)
10-yr. Morningstar RatingTM
(823 funds rated)
Overall Morningstar Risk Above Average
HIGH
LOW
Morningstar Category
Large Value
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 3/31/2026.

Risk Measures

Fund
Standard Deviation
15.06
Sharpe Ratio
0.64
R-squared
86
Beta
0.93
Capture Ratio (Downside/Upside)
100/91
American Funds and Morningstar Benchmark for the 10 Years Years ending 3/31/26 R-squared, Beta and Capture Ratio calculated using the S&P 500 TR USD.

Holdings

Equities Breakdown

Sectors
Equity Fund Holdings
 Financial Services 20.2%
Industrials 13.5%
Technology 12.0%
Healthcare 11.9%
Communication Services 7.9%
Consumer Defensive 7.5%
Energy 7.5%
Consumer Cyclical 7.1%
Utilities 4.8%
Basic Materials 4.6%
Real Estate 3.2%

Percentage of net assets as of 3/31/2026

Top 10 Holdings

Alphabet Inc Class A
3.6%
JPMorgan Chase & Co
3.3%
Costco Wholesale Corp
3.2%
Taiwan Semiconductor Manufacturing Co Ltd ADR
2.7%
Chubb Ltd
2.6%
D.R. Horton Inc
2.5%
Morgan Stanley
2.5%
Coca-Cola Co
2.5%
T-Mobile US Inc
2.5%
PNC Financial Services Group Inc
2.4%

Percentage of net assets as of 3/31/2026

Geographic Breakdown

Regions | Top Countries
Americas
89.2%
Greater Europe
8.0%
Greater Asia
2.8%
Percentage of net assets as of 3/31/2026

Fees & Expenses

Fees

Annual Management Fees 0.50%
Service 12b-1 --
Maximum Sales Charge --
As of each fund's most recent prospectus.

Expense Ratio

Gross
PEIIX 0.54%
Morningstar Category: Large Value 0.95%
Fund as of most recent prospectus. Morningstar Category as of 3/31/26.