Small Midcap Dividend Income Fund Quote

PMDAX Fund  USD 18.70  0.35  1.91%   

Performance

11 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 36

 
100  
 
Zero
Below Average
Small-midcap Dividend is trading at 18.70 as of the 28th of March 2024; that is 1.91 percent increase since the beginning of the trading day. The fund's open price was 18.35. Small-midcap Dividend has about a 36 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Small Midcap Dividend Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of August 2023 and ending today, the 28th of March 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities of companies with small-to-medium market capitalizations at the time of purchase. Its investments include the securities of foreign issuers and real estate investment trusts.. More on Small Midcap Dividend Income

Moving together with Small-midcap Mutual Fund

  0.75USG USCF Gold Strategy Symbol ChangePairCorr
  0.93SABPX Strategic Asset ManaPairCorr
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  0.93PFIEX International EquityPairCorr

Small-midcap Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Small-midcap Dividend's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Small-midcap Dividend or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Fund ConcentrationPrincipal Funds, Large Funds, Mid-Cap Value Funds, Small Growth Funds, Hybrid Mix Funds, Mid-Cap Value, Principal Funds, Large, Mid-Cap Value (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date31st of December 2022
Fiscal Year EndAugust
Small Midcap Dividend Income [PMDAX] is traded in USA and was established 28th of March 2024. Small-midcap Dividend is listed under Principal Funds category by Fama And French industry classification. The fund is listed under Mid-Cap Value category and is part of Principal Funds family. The entity is thematically classified as Small Growth Funds. This fund at this time has accumulated 1.28 B in assets with no minimum investment requirementsSmall-midcap Dividend is currently producing year-to-date (YTD) return of 5.87% with the current yeild of 0.01%, while the total return for the last 3 years was 7.67%.
Check Small-midcap Dividend Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Small-midcap Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Small-midcap Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Small Midcap Dividend Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Small Midcap Dividend Income Mutual Fund Constituents

ALBAlbemarle CorpStockMaterials
TRMKTrustmarkStockFinancials
TKRTimken CompanyStockIndustrials
BCBrunswickStockConsumer Discretionary
CATYCathay General BancorpStockFinancials
JRVRJames River GroupStockFinancials
SYSo Young InternationalStockCommunication Services
More Details

Small-midcap Dividend Target Price Odds Analysis

Based on a normal probability distribution, the odds of Small-midcap Dividend jumping above the current price in 90 days from now is near 1%. The Small Midcap Dividend Income probability density function shows the probability of Small-midcap Dividend mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.3463 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Small-midcap Dividend will likely underperform. Additionally, small Midcap Dividend Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 18.7HorizonTargetOdds Above 18.7
99.03%90 days
 18.70 
0.95%
Based on a normal probability distribution, the odds of Small-midcap Dividend to move above the current price in 90 days from now is near 1 (This Small Midcap Dividend Income probability density function shows the probability of Small-midcap Mutual Fund to fall within a particular range of prices over 90 days) .

Small-midcap Dividend Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Small-midcap Dividend market risk premium is the additional return an investor will receive from holding Small-midcap Dividend long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Small-midcap Dividend. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Small-midcap Dividend's alpha and beta are two of the key measurements used to evaluate Small-midcap Dividend's performance over the market, the standard measures of volatility play an important role as well.

Small-midcap Dividend Against Markets

Picking the right benchmark for Small-midcap Dividend mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Small-midcap Dividend mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Small-midcap Dividend is critical whether you are bullish or bearish towards Small Midcap Dividend Income at a given time. Please also check how Small-midcap Dividend's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Small-midcap Dividend without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Small-midcap Mutual Fund?

Before investing in Small-midcap Dividend, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Small-midcap Dividend. To buy Small-midcap Dividend fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Small-midcap Dividend. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Small-midcap Dividend fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Small Midcap Dividend Income fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Small Midcap Dividend Income fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Small Midcap Dividend Income, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Small Midcap Dividend Income?

The danger of trading Small Midcap Dividend Income is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Small-midcap Dividend is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Small-midcap Dividend. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Small-midcap Dividend is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Small Midcap Dividend Income. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Small-midcap Dividend information on this page should be used as a complementary analysis to other Small-midcap Dividend's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Small-midcap Mutual Fund analysis

When running Small-midcap Dividend's price analysis, check to measure Small-midcap Dividend's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Small-midcap Dividend is operating at the current time. Most of Small-midcap Dividend's value examination focuses on studying past and present price action to predict the probability of Small-midcap Dividend's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Small-midcap Dividend's price. Additionally, you may evaluate how the addition of Small-midcap Dividend to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Small-midcap Dividend's value and its price as these two are different measures arrived at by different means. Investors typically determine if Small-midcap Dividend is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Small-midcap Dividend's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.