Principal Fds, Inc. Real Estate Securities Fd Inc Cl A (PRRAX) NASDAQ

Currency In USD

AD

Principal Fds, Inc. Real Estate Securities Fd Inc Cl A

Address

711 High Street

Des Moines, IA 50392

United States of America (the)

Phone

515-235-1209

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

August 20, 1999

Key Executives

N/A
AD

Description

Under typical conditions, this fund commits a minimum of 80% of its total net assets, alongside any borrowed capital used for investment, to the stock holdings of companies primarily operating within the real estate sector when the securities are purchased. It does not limit its equity investments based on the market capitalization of these companies, considering small, medium, and large-sized firms. The fund explicitly concentrates its portfolio within the real estate industry, meaning over 25% of its net assets are directed towards real estate securities. Consequently, it is categorized as a non-diversified investment vehicle.

AD