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Principal Core Plus Bond R3 PBMMX

Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 8.75  /  −0.34 %
  • Total Assets 557.9 Mil
  • Adj. Expense Ratio
    1.000%
  • Expense Ratio 1.000%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Medium
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment
  • Status Open
  • TTM Yield 3.03%
  • Effective Duration 6.20 years

USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 2024, 10:15 PM GMT+0

Morningstar’s Analysis PBMMX

Will PBMMX outperform in future?

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

Weakness in Principal Core Plus Bond R3's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

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Portfolio Holdings PBMMX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 22.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Future on 5 Year Treasury Note

5.82 33.2 Mil
Government

10 Year Treasury Note Future June 24

4.98 28.5 Mil
Government

United States Treasury Bills

2.31 13.2 Mil
Government

Ultra 10 Year US Treasury Note Future June 24

2.28 13.0 Mil
Government

Principal Government Money Market R-6

1.48 8.5 Mil

Government National Mortgage Association

1.46 8.4 Mil
Securitized

Future on 2 Year Treasury Note

1.40 8.0 Mil
Government

Government National Mortgage Association

1.36 7.8 Mil
Securitized

Fnma Pass-Thru I

1.25 7.1 Mil
Securitized

Discover Card Execution Note Trust

1.20 6.9 Mil
Securitized