PPSNX — LargeCap Value Fund III
Data updated: 2026-09-25
PPSNX — LargeCap Value Fund III. United States Large Cap Value Equity · $2.31B AUM · 1.46% expense ratio. Holdings, fees, performance and SEC filings.
PPSNX Fund Overview
PPSNX — LargeCap Value Fund III is a US mutual fund managed by Principal Funds, Inc., categorised as United States Large 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 Large Cap Value Equity
- Assets under management: $2.31B
- 1-year return: 31.7%
- Ticker: PPSNX
- SEC CIK: 0000898745
- SEC series ID: S000007122
- Share class ID: C000019459
PPSNX Investment Objective and Strategy
LargeCap Value Fund III 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
The Fund is primarily actively managed by the sub-advisors. In addition, Principal Global Investors, LLC may invest up to 30% of the Funds assets using an index sampling strategy designed to match the performance of the Russell Top 200 Value Index.
PPSNX Holdings
Top 10 holdings of LargeCap Value Fund III by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Amazon.com Inc | 4.67% |
| Apple Inc | 3.73% |
| Microsoft Corp | 3.49% |
| Principal Funds, Inc - Government Money Market Fund - Class R-6 | 1.81% |
| ExxonMobil Holdings Corp | 1.77% |
| Workday Inc | 1.76% |
| Bank of America Corp | 1.46% |
| JPMorgan Chase & Co | 1.45% |
| Johnson & Johnson | 1.34% |
| Berkshire Hathaway Inc - Class B | 1.33% |
PPSNX Portfolio Allocation
Asset-class allocation of LargeCap Value Fund III by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.2% |
| Cash & Equivalents | 1.8% |
PPSNX Performance
Total returns for PPSNX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 31.7% |
PPSNX Risk Information
Risk metrics for PPSNX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.2%
PPSNX Costs and Fees
PPSNX costs about $146 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.46%
- Gross expense ratio: 1.53%
- Portfolio turnover: 60%
- Brokerage commissions: 3.34 bps of average net assets (SEC N-CEN)
PPSNX Cashflows
Over the 12 months to 2026-04, LargeCap Value Fund III had net outflows of $1.40B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$102.98M |
| 2026-03 | −$109.81M |
| 2026-02 | −$21.79M |
| 2026-01 | −$94.88M |
| 2025-12 | $110.46M |
| 2025-11 | −$164.05M |
PPSNX Debt Constituents
No individual debt constituents are reported in LargeCap Value Fund III's latest SEC N-PORT filing.
PPSNX Prospectus and SEC Filings
Official LargeCap Value Fund III 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 Large 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.