Principal Diversified International Fund
Overview
Performance
As of 12/31/2025
YTD
32.33%
1-year
32.33%
3-year
17.59%
5-year
7.29%
10-year
7.98%
Returns represent past performance and do not guarantee future results. Share price, principal value, and return will vary and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted.
Overall Morningstar Rating™
As of 11/30/2025
Highlights
Early movers on underappreciated opportunities
- Investing in business we believe are becoming better as a result of positive change: innovators, renovators, and pacesetters.
- Identifying potential underappreciated growth and improvement opportunities ahead of the market.
- An experienced team powered by perspective and precision. The portfolio managers have co-managed strategies since 2004.
Fund details
as of
12/31/2025
unless indicated otherwise
Fund ticker
PIIJX
CUSIP
74253Q887
Benchmark
MSCI ACWI Ex-U.S. NTR Index
Extended performance inception date
12/06/2000
NAV
$16.68
Total fund assets
$1.22B
Dividend frequency
Annually
Minimum investment
$1,000.00
Inception date
03/01/2001
Morningstar category
Foreign Large Blend
Investment approach
The investment seeks long-term growth of capital.
The fund invests primarily in foreign equity securities. It has no limitation on the percentage of assets that are invested in any one country or denominated in any one currency, but the fund typically invests in foreign securities of at least 20 countries. The fund invests in equity securities regardless of market capitalization size (small, medium or large) and style (growth or value).
Performance & expenses
As of
12/31/2025
| Name | 1 month | 3 month | YTD | 1-year | 3-year | 5-year | 10-year | Since inception | Overall |
|---|---|---|---|---|---|---|---|---|---|
| Excluding sales charge | 2.52% | 4.65% | 32.33% | 32.33% | 17.59% | 7.29% | 7.98% | 5.17% | — |
| Including sales charge | 1.52% | 3.65% | 31.33% | 31.33% | 17.59% | 7.29% | 7.98% | 5.17% | — |
| Benchmark performance | — | — | — | — | — | — | — | — | — |
| Morningstar category average | — | — | — | — | — | — | — | — | — |
| Morningstar percentile rankings | — | — | — | 32 | 54 | 65 | 57 | — | — |
| # of funds in category | 687 | 694 | 682 | 677 | 641 | 611 | 474 | — | 641 |
| Morningstar rating | — | — | — | — | — |
Returns represent past performance and do not guarantee future results. Share price, principal value, and return will vary and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted.
Returns shown for periods of less than one year are not annualized.
Index performance information: no deductions for fees, expenses or taxes. Indices are unmanaged and individuals cannot invest directly in an index.
| Name | 1 month | 3 month | YTD | 1-year | 3-year | 5-year | 10-year | Since inception | Overall |
|---|---|---|---|---|---|---|---|---|---|
| Excluding sales charge | 2.52% | 4.65% | 32.33% | 32.33% | 17.59% | 7.29% | 7.98% | 5.17% | — |
| Including sales charge | 1.52% | 3.65% | 31.33% | 31.33% | 17.59% | 7.29% | 7.98% | 5.17% | — |
| Benchmark performance | — | — | — | — | — | — | — | — | — |
| Morningstar category average | — | — | — | — | — | — | — | — | — |
Returns represent past performance and do not guarantee future results. Share price, principal value, and return will vary and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted.
Returns shown for periods of less than one year are not annualized.
Index performance information: no deductions for fees, expenses or taxes. Indices are unmanaged and individuals cannot invest directly in an index.
| Data | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Excluding sales charge | 32.33% | 4.73% | 17.33% | -20.03% | 9.34% |
| Including sales charge | 31.33% | 3.73% | 16.33% | -20.82% | 8.38% |
| Morningstar category average Foreign Large Blend |
23.69% | 4.85% | 16.25% | -15.84% | 9.72% |
Returns represent past performance and do not guarantee future results. Share price, principal value, and return will vary and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted.
| Date | Type | Dollar per share |
|---|---|---|
| 12/29/2025 | Income | 0.3896 |
| 02/19/2025 | Long Term Capital Gain | 0.1967 |
| 12/27/2024 | Income | 0.3029 |
| 12/19/2024 | Long Term Capital Gain | 0.2024 |
| 12/27/2023 | Income | 0.2998 |
Expense ratio gross
1.07%
Expense ratio net
1.07%
Expense limit expiration date
—
Maximum up-front sales charge
—
Contingent deferred sales charge
1.00%
In situations where the net and gross fund expense figures are different, the investment manager has contractually agreed to limit the investment option's expense. Differences may also be shown due to the investment manager choosing to pay certain expenses that would normally be payable by the fund. The gross fund expense figure does not reflect any waivers or caps on the mutual fund. Performance shown reflects the application of net expenses of the fund.
Ratings
Morningstar ratings
as of 11/30/2025
Holdings
Top 10
as of
11/30/2025
% of Assets
% of Assets
1.
Taiwan Semiconductor Manufactu
4.62%
2.
Tencent Holdings Ltd
3.30%
3.
ASML Holding NV
3.04%
4.
AstraZeneca PLC
3.01%
5.
AIA Group Ltd
2.77%
6.
Deutsche Telekom AG
2.49%
7.
Samsung Electronics Co Ltd
2.41%
8.
Sanofi SA
2.08%
9.
Suncor Energy Inc
2.03%
10.
CRH PLC
2.03%
Portfolio management
Paul Blankenhagen, CFA
34 years of experience
George P. Maris, CFA
28 years of experience
Matthew Peron
34 years of experience