Principal International Equity Fund
Overview
Performance
As of 12/31/2025
YTD
35.45%
1-year
35.45%
3-year
19.10%
5-year
7.30%
10-year
8.03%
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.
Fund details
as of
01/06/2026
unless indicated otherwise
Fund ticker
PINIX
CUSIP
74253Q226
Benchmark
MSCI ACWI Ex-U.S. NTR Index
NAV
$16.95
Total fund assets
$6.77B
Dividend frequency
Annually
Minimum investment
—
Inception date
12/29/2003
Morningstar category
Foreign Large Blend
Investment approach
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 equity securities. The managers define equity securities to include common stock, preferred stock, and exchange-traded funds (ETFs) and mutual funds that invest primarily in equity securities.
Performance & expenses
As of
12/31/2025
| Name | 1 month | 3 month | YTD | 1-year | 3-year | 5-year | 10-year | Since inception | Overall |
|---|---|---|---|---|---|---|---|---|---|
| Total return | 2.28% | 5.25% | 35.45% | 35.45% | 19.10% | 7.30% | 8.03% | 6.68% | — |
| Benchmark performance MSCI ACWI Ex-U.S. NTR Index |
3.00% | 5.05% | 32.39% | 32.39% | — | — | — | — | — |
| Morningstar category average | — | — | — | — | — | — | — | — | — |
| Morningstar percentile rankings | — | — | — | 13 | 18 | 68 | 52 | — | — |
| # of funds in category | 696 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| Total return | 2.28% | 5.25% | 35.45% | 35.45% | 19.10% | 7.30% | 8.03% | 6.68% | — |
| Benchmark performance MSCI ACWI Ex-U.S. NTR Index |
3.00% | 5.05% | 32.39% | 32.39% | — | — | — | — | — |
| 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 |
|---|---|---|---|---|---|
| Total return | 35.45% | 7.67% | 15.86% | -25.27% | 12.68% |
| 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 | 0.3001 |
| 12/18/2025 | Short Term Capital Gain | 0.3142 |
| 12/27/2024 | Income | 0.4682 |
| 12/19/2024 | Long Term Capital Gain | 1.3006 |
| 12/27/2023 | Income | 0.3959 |
Expense ratio gross
0.86%
Expense ratio net
0.81%
Expense limit expiration date
02/28/2026
Maximum up-front sales charge
—
Contingent deferred sales charge
—
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.
AIB Group PLC
4.10%
2.
ASML Holding NV
3.80%
3.
Tencent Holdings Ltd
3.79%
4.
Erste Group Bank AG
3.76%
5.
Deutsche Telekom AG
3.64%
6.
AIA Group Ltd
3.60%
7.
Yum China Holdings Inc
3.58%
8.
Samsung Electronics Co Ltd
3.47%
9.
AstraZeneca PLC
3.28%
10.
Taiwan Semiconductor Manufactu
3.22%
Portfolio management
Paul Blankenhagen, CFA
34 years of experience
George P. Maris, CFA
28 years of experience
Matthew Peron
34 years of experience