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Principal Core Fixed Income A CMPIX

Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 8.48  /  −0.08 %
  • Total Assets 10.8 Bil
  • Adj. Expense Ratio
    0.760%
  • Expense Ratio 0.760%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.99%
  • Effective Duration 6.08 years

USD | NAV as of Mar 29, 2024 | 1-Day Return as of Mar 29, 2024, 12:10 AM GMT+0

Morningstar’s Analysis CMPIX

Will CMPIX outperform in future?

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

New Manager Joins Principal Core Fixed Income and Short-Term Income, Ratings Unchanged

null Chiayi Tsui

Chiayi Tsui

Analyst Note

Principal is adding depth to its fixed-income team. The firm announced the appointment of fixed-income veteran Michael Goosay as managing director of global fixed income effective Aug. 7, 2023. In this role, he will oversee the firm’s core, core plus, multisector, and short-term income portfolios and comanage Principal Core Fixed Income PIOIX and Principal Short-Term Income PSHIX alongside the current managers.

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Portfolio Holdings CMPIX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 6.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Principal Government Money Market R-6

2.02 210.4 Mil

Fifth Third Bancorp 2.375%

0.55 57.4 Mil
Corporate

Cards Ii Trust

0.53 55.2 Mil
Securitized

Biogen Inc 2.25%

0.53 54.9 Mil
Corporate

Truist Bank (North Carolina) 2.636%

0.48 50.2 Mil
Corporate

American Tower Corporation 2.75%

0.48 49.5 Mil
Corporate

The Bank of New York Mellon Corp. 2.1%

0.47 49.3 Mil
Corporate

American Honda Finance Corporation 5.8%

0.47 48.6 Mil
Corporate

Ryder System, Inc. 2.9%

0.46 48.3 Mil
Corporate

Interstate Power & Light Company 3.5%

0.46 48.0 Mil
Corporate