PKARX — SmallCap Value Fund II
Data updated: 2026-09-25
PKARX — SmallCap Value Fund II. United States Small Cap Value Equity · $1.26B AUM · 1.70% expense ratio. Holdings, fees, performance and SEC filings.
PKARX Fund Overview
PKARX — SmallCap Value Fund II is a US mutual fund managed by Principal Funds, Inc., categorised as United States Small Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Principal Funds, Inc.
- Category: United States Small Cap Value Equity
- Assets under management: $1.26B
- 1-year return: 60.5%
- Ticker: PKARX
- SEC CIK: 0000898745
- SEC series ID: S000007169
- Share class ID: C000019584
PKARX Investment Objective and Strategy
SmallCap Value Fund II describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Principal Funds, Inc..
Investment objective
The Fund seeks long-term growth of capital.
Principal investment strategy
"Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies with small market capitalizations at the time of purchase. For this Fund, companies with small market capitalizations are those with market capitalizations of one or both of the following: $3.5 billion or less, or within the range of companies composing the Russell 2000 Value Index (as of December 31, 2017 , this range was between approximately $22.5 million and $8.9 billion ). The Fund invests in value equity securities, an investment strategy that emphasizes buying equity securities that appear to be undervalued. The Fund also invests in real estate investment trusts (""REITs""). Principal Global Investors, LLC invests up to 30% of the Fund's assets in equity securities in an attempt to match or exceed the performance of the Russell 2000 Value Index by purchasing securities in the index while slightly overweighting and underweighting certain individual equity securities relative to their weight in the index.
The Fund's remaining assets are managed by the sub-advisors."
PKARX Holdings
Top 10 holdings of SmallCap Value Fund II by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Principal Funds, Inc - Government Money Market Fund - Class R-6 | 3.29% |
| Avantor Inc | 1.35% |
| Revvity Inc | 1.22% |
| GATX Corp | 1.12% |
| Coca-Cola Consolidated Inc | 0.97% |
| Spire Inc | 0.96% |
| JBT Marel Corp | 0.94% |
| Clean Harbors Inc | 0.93% |
| Northwest Natural Holding Co | 0.92% |
| Artisan Partners Asset Management Inc | 0.91% |
PKARX Portfolio Allocation
Asset-class allocation of SmallCap Value Fund II by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.4% |
| Cash & Equivalents | 3.3% |
PKARX Performance
Total returns for PKARX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 60.5% |
PKARX Risk Information
Risk metrics for PKARX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 20.4%
PKARX Costs and Fees
PKARX costs about $170 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.70%
- Gross expense ratio: 1.72%
- Portfolio turnover: 90%
- Brokerage commissions: 12.26 bps of average net assets (SEC N-CEN)
PKARX Cashflows
Over the 12 months to 2026-04, SmallCap Value Fund II had net outflows of $38.17M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$19.46M |
| 2026-03 | −$7.92M |
| 2026-02 | $10.89M |
| 2026-01 | −$518.51K |
| 2025-12 | $86.74M |
| 2025-11 | −$7.63M |
PKARX Debt Constituents
No individual debt constituents are reported in SmallCap Value Fund II's latest SEC N-PORT filing.
PKARX Prospectus and SEC Filings
Official SmallCap Value Fund II filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-27
- Prospectus (485BPOS) — filed 2025-02-26
- Prospectus (485BPOS) — filed 2024-02-27
- Portfolio holdings (N-PORT) — filed 2026-09-25
- Portfolio holdings (N-PORT) — filed 2026-06-25
- Portfolio holdings (N-PORT) — filed 2026-03-25
- Annual census (N-CEN) — filed 2026-01-14
- Annual census (N-CEN) — filed 2025-01-13
Related Funds
Other United States Small Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.