Principal Funds has rolled out the Principal Small-MidCap Dividend Income Fund. The fund invests in companies with the capacity and commitment to provide and constantly grow dividends for shareholders over time.

The vehicle provides exposure to small- and mid-cap dividend-paying companies to complement a diversified portfolio. The dividend-paying strategies of the companies provide diversification with greater income prospects and better performance than large-cap companies.

Click here for the release from Business Wire.