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Morningstar

Principal Diversified Income A PGBAX

Morningstar Medalist Rating
Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 11.79  /  −0.08 %
  • Total Assets 2.7 Bil
  • Adj. Expense Ratio
    1.050%
  • Expense Ratio 1.050%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 6.21%
  • Effective Duration 4.23 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:18 PM GMT+0

Morningstar’s Analysis PGBAX

Will PGBAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PGBAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PGBAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PGBAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Principal Diversified Income A's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PGBAX

More PGBAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Principal Government Money Market R-6

2.59 70.1 Mil
—

TNOTE 5.3 REPO

1.81 49.0 Mil
Cash and Equivalents

Specialty Stl Holdco Inc 15.41924%

1.52 41.0 Mil
Corporate

Cliffwater Enhanced Lending I

1.09 29.4 Mil
—

Variant Alternative Income Institutional

1.08 29.2 Mil
—

Real Alloy Cmn

1.05 28.5 Mil
—

Future on 2 Year Treasury Note

0.85 22.9 Mil
Government

MATERIAL SCIENCE NOTE

0.77 20.8 Mil
Corporate

SNY 10 1/4 SR

0.74 20.1 Mil
Corporate

Vanguard Interm-Term Corp Bd ETF

0.71 19.2 Mil
—