Morningstar

Principal Government & High Quality Bond Fund Class A CMPGX

Morningstar Medalist Rating
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Medalist Rating as of See Principal Investment Hub
  • NAV / 1-Day Return $8.70  /  −0.23 %
  • Fund Size $497.6M
  • Adjusted Expense Ratio 0.800%
  • Net Expense Ratio 0.800%
  • Fee Level: Distribution Below Average
  • Share Class Type Front Load
  • Morningstar Category Government Mortgage-Backed Bond
  • Fixed-Income Style Box (Funds) High/Moderate
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 3.91%
  • Average Effective Duration 5.74 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis CMPGX

Will CMPGX outperform in the 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 CMPGX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Principal Government & High Qual Bd A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings CMPGX

More CMPGX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings −7.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash Offset

21.04 106M
—

Government National Mortgage Association

2.39 12M
Securitized

Government National Mortgage Association

2.00 10M
Securitized

Federal Home Loan Mortgage Corp.

1.73 9M
Securitized

Federal National Mortgage Association

1.68 8M
Securitized

Government National Mortgage Association

1.67 8M
Securitized

Federal Home Loan Mortgage Corp.

1.66 8M
Securitized

Federal National Mortgage Association

1.55 8M
Securitized

Federal Home Loan Mortgage Corp.

1.54 8M
Securitized

Federal National Mortgage Association

1.53 8M
Securitized

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