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