PEIOX Principal Equity Income R3 Forecast, Technical & Fundamental Analysis

The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), Costco Wholesale Corp (NASDAQ:COST), Morgan Stanley (NYSE:MS), Merck & Co (NYSE:MRK), MARATHON PETROLEUM Corp (NYSE:MPC).

The investment seeks to provide current income and long-term growth of income and capital. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities. The managers define dividend-paying equity securities as securities that produced dividend income within the last rolling 12 months. It usually invests in equity securities of companies with large and medium market capitalizations.

The average market capitalization across the Principal Equity Income R3 MF is 228.92B. The market cap for tickers in the group ranges from 52.01B to 809.47B. JPM holds the highest valuation in this group at 809.47B. The lowest valued company is PCAR at 52.01B.

The average weekly volume growth across all stocks in the Principal Equity Income R3 MF was 30%. For the same stocks of the MF, the average monthly volume growth was 13% and the average quarterly volume growth was -46%