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Morningstar

Principal Government & High Qual Bd R5 PMREX

Morningstar Medalist Rating
Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 8.62  /  −0.34 %
  • Total Assets 643.4 Mil
  • Adj. Expense Ratio
    0.670%
  • Expense Ratio 0.670%
  • Distribution Fee Level High
  • Share Class Type Retirement, Large
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.83%
  • Effective Duration 6.11 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:23 PM GMT+0

Morningstar’s Analysis PMREX

Will PMREX 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 PMREX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PMREX 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 PMREX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Principal Government& High Qual Bd R5's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PMREX

More PMREX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal National Mortgage Association

4.77 31.6 Mil
Securitized

Government National Mortgage Association

3.40 22.5 Mil
Securitized

Government National Mortgage Association

3.23 21.4 Mil
Securitized

Cash Offset

2.86 18.9 Mil
—

Future on 2 Year Treasury Note

2.59 17.2 Mil
Government

Federal National Mortgage Association

2.31 15.3 Mil
Securitized

Government National Mortgage Association

2.23 14.8 Mil
Securitized

Government National Mortgage Association

2.15 14.2 Mil
Securitized

Federal Home Loan Mortgage Corp.

2.10 13.9 Mil
Securitized

Fnma Pass-Thru I

2.08 13.8 Mil
Securitized