Edge Midcap is trading at 14.22 as of the 29th of November 2024; that is 0.35% down since the beginning of the trading day. The fund's open price was 14.27. Edge Midcap has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Edge Midcap Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of June 2023 and ending today, the 29th of November 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies with medium market capitalizations at the time of purchase. It invests in real estate investment trust securities. More on Edge Midcap Fund
Edge Midcap Fund [PEDMX] is traded in USA and was established 29th of November 2024. Edge Midcap is listed under Principal Funds category by Fama And French industry classification. The fund is listed under Mid-Cap Blend category and is part of Principal Funds family. This fund at this time has accumulated 666.28 M in assets with no minimum investment requirementsEdge Midcap Fund is currently producing year-to-date (YTD) return of 13.45% with the current yeild of 0.01%, while the total return for the last 3 years was 4.93%.
Check Edge Midcap 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 Edge 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 Edge 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 Edge Midcap Fund 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.
Other Information on Investing in Edge Mutual Fund
Edge Midcap financial ratios help investors to determine whether Edge Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Edge with respect to the benefits of owning Edge Midcap security.