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Principal Fds, Inc. Equity Income Fd Cl A

PQIAX · NASDAQ

Market closed$45.29$-0.280000 (-0.61%)

Key statistics

Previous close$45.57
Open$45.29
Day high$45.29
Day low$45.29
52-week high$45.57
52-week low$40.64
Market cap7.85B
Volume—
Average volume—
P/E ratio24.26
Forward P/E—
EPS1.87
Dividend yield0.00%

Market context

Why it moved

PQIAX edged lower today amid broad market pressure and low trading activity, as available news and data offer no specific catalyst, suggesting the modest decline reflects general market sentiment and routine fund pricing adjustments.

Portfolioslab

What is happening

Recent company-specific developments and publisher coverage.

July 15, 2026Principal Equity Income Fund (PQIAX) is trading modestly lower amid a broadly constructive but mixed environment for financial services stocks. The Financial Select Sector ETF (XLF) is holding near its 52-week high, buoyed by a blowout Q2 earnings season for major banks — Goldman Sachs surged ~7% after record equities revenue of $7.42B, while JPMorgan, BofA, Citi, and Morgan Stanley all beat estimates on surging trading and investment banking fees. However, Morningstar flags AI disruption concerns and private credit cracks as lingering headwinds for the broader sector, creating a mixed backdrop for income-oriented equity funds with financial exposure.

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July 14, 2026Principal Equity Income Fund Cl A is trading essentially flat in pre-market, edging slightly lower as the broader financial services sector navigates a mixed backdrop. While major bank Q2 earnings—JPMorgan, Goldman Sachs, and Bank of America all beat expectations on surging trading and investment banking revenues—Morningstar notes financial stocks have underperformed the broader market, citing AI disruption concerns and cracks in private credit. Compounding the cautious tone, renewed U.S.-Iran tensions sent oil prices higher and weighed on equities, with the XLF sector ETF also slipping modestly in pre-market trading.

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July 10, 2026Principal Equity Income Fund (PQIAX) is trading modestly higher, edging up as the financial services sector navigates a complex backdrop ahead of Q2 bank earnings season. The XLF sector ETF is trading near session lows amid ongoing U.S.-Iran geopolitical tensions that have periodically rattled markets this week, yet bank stocks have shown resilience with major names like Goldman Sachs surging on a $70B pension mandate win and broad Q1 earnings beats. With JPMorgan and other large banks set to report next week, investor sentiment in income-oriented equity funds like PQIAX is supported by expectations of broad-based financial sector strength, even as macro risks from Middle East tensions and oil price volatility keep a lid on upside.

0.2899

July 8, 2026Principal Equity Income Fund Cl A is trading essentially flat, holding near its 52-week high as broader market risk-off sentiment — driven by a fresh U.S.-Iran military exchange that pushed oil prices up over 5% and rattled equity markets — weighs on financial services broadly. The Financial Select Sector SPDR (XLF) is trading lower on the session amid the geopolitical turbulence, yet the income-focused fund's defensive equity positioning and proximity to its 52-week peak reflect relative resilience in a volatile macro environment.

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Peers

S&P 500SPX · $7,457.69-1.01%Hartford Schroders International Stock Fund Class YHSWYX · $23.30-0.94%American Funds Conservative Growth and Income Portfolio - Class F-1INPFX · $14.70-0.34%MFS Series Trust X- MFS International Growth Fund AMGRAX · $47.86-0.85%MFS International Growth R6MGRDX · $48.25-0.84%Neuberger Berman Genesis Fund Trust ClassNBGEX · $60.12-0.97%Neuberger Berman Genesis Fund Institutional ClassNBGIX · $60.81-0.98%Neuberger Genesis Fund Investor ClassNBGNX · $60.47-0.98%T. Rowe Price QM U.S. Small-Cap Growth Equity Fund Advisor ClassTQAAX · $50.50-0.08%T. Rowe Price QM U.S. Small-Cap Growth Equity Fund I ClassTQAIX · $52.45-0.08%TIAA-CREF Large-Cap Value Fund Institutional ClassTRLIX · $27.72-0.50%