Edge Midcap Fund Quote
| PEDMX Fund | USD 12.56 0.07 0.56% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Edge Midcap is trading at 12.56 as of the 3rd of June 2024; that is 0.56 percent increase since the beginning of the trading day. The fund's open price was 12.49. Edge Midcap has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over 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 4th of May 2024 and ending today, the 3rd of June 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
Moving together with Edge Mutual Fund
| 0.92 | SABPX | Strategic Asset Mana | PairCorr |
| 0.87 | SACAX | Strategic Asset Mana | PairCorr |
| 0.89 | SAGPX | Strategic Asset Mana | PairCorr |
| 0.96 | PFIJX | Strategic Asset Mana | PairCorr |
| 0.96 | PFILX | Strategic Asset Mana | PairCorr |
| 0.85 | PFIEX | International Equity | PairCorr |
| 0.96 | PFIFX | Strategic Asset Mana | PairCorr |
Edge Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Edge Midcap's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Edge Midcap or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Principal Funds, Large Funds, Mid-Cap Blend Funds, Mid-Cap Blend, Principal Funds (View all Sectors) |
| Update Date | 31st of March 2024 |
Edge Midcap Fund [PEDMX] is traded in USA and was established 3rd of June 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 2.08% with the current yeild of 0.01%, while the total return for the last 3 years was 3.1%.
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.
Top Edge Midcap Fund Mutual Fund Constituents
| LNT | Alliant Energy Corp | Stock | Utilities |
| LFUS | Littelfuse | Stock | Information Technology |
| FICO | Fair Isaac | Stock | Information Technology |
| ARW | Arrow Electronics | Stock | Information Technology |
| LECO | Lincoln Electric Holdings | Stock | Industrials |
| ES | Eversource Energy | Stock | Utilities |
| CMG | Chipotle Mexican Grill | Stock | Consumer Discretionary |
Edge Midcap Top Holders
| PSWJX | Strategic Asset Management | Mutual Fund | Allocation--85%+ Equity |
| PCGJX | Strategic Asset Management | Mutual Fund | Allocation--70% to 85% Equity |
| PSGLX | Strategic Asset Management | Mutual Fund | Allocation--85%+ Equity |
| SAGPX | Strategic Asset Management | Mutual Fund | Allocation--70% to 85% Equity |
| PSGPX | Strategic Asset Management | Mutual Fund | Allocation--85%+ Equity |
| PCWSX | Strategic Asset Management | Mutual Fund | Allocation--70% to 85% Equity |
| SACAX | Strategic Asset Management | Mutual Fund | Allocation--85%+ Equity |
Edge Midcap Fund Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Edge Midcap market risk premium is the additional return an investor will receive from holding Edge Midcap long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Edge Midcap. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Edge Midcap's alpha and beta are two of the key measurements used to evaluate Edge Midcap's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.656 | |||
| Semi Deviation | 0.8732 | |||
| Standard Deviation | 0.8165 | |||
| Variance | 0.6667 |
Edge Midcap Against Markets
Picking the right benchmark for Edge Midcap mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Edge Midcap mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Edge Midcap is critical whether you are bullish or bearish towards Edge Midcap Fund at a given time. Please also check how Edge Midcap's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Edge Midcap without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Edge Mutual Fund?
Before investing in Edge Midcap, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Edge Midcap. To buy Edge Midcap fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Edge Midcap. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Edge Midcap fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Edge Midcap Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Edge Midcap Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Edge Midcap Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Edge Midcap Fund?
The danger of trading Edge Midcap Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Edge Midcap is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Edge Midcap. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Edge Midcap Fund is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Edge Midcap Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.