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.
Principal Diversified Income A PGBAX
- NAV / 1-Day Return 11.79 / −0.08 %
- Total Assets 2.7 Bil
-
Adj. Expense Ratio
- 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.
People Pillar
Parent Pillar
- 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 | — |