Principal Core Fixed Income's experienced portfolio managers and upgraded data tools drive decision-making for this credit-focused core bond offering; however, meaningful turnover among the credit research and trading ranks warrant caution. This strategy earns a Morningstar Analyst Rating of Neutral across all share classes except for the most expensive ones, which are rated Negative.
Morningstar’s Fund Analysis CNMCX
Will CNMCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CNMCX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the CNMCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of CNMCX’s parent organization’s priorities and whether they’re in line with investors’ interests.