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.
Principal Core Plus Bond R3 PBMMX
- NAV / 1-Day Return 9.04 / +0.32 %
- Total Assets 560.1 Mil
-
Adj. Expense Ratio
- 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 3.37%
- Effective Duration 6.30 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 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.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 27.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Future on 5 Year Treasury Note | 8.48 | 47.3 Mil | Government |
10 Year Treasury Note Future Sept 24 | 5.23 | 29.1 Mil | Government |
Future on 2 Year Treasury Note | 4.56 | 25.4 Mil | Government |
Ultra 10 Year US Treasury Note Future Sept 24 | 2.24 | 12.5 Mil | Government |
United States Treasury Bills | 1.48 | 8.2 Mil | Government |
Government National Mortgage Association | 1.38 | 7.7 Mil | Securitized |
Government National Mortgage Association | 1.28 | 7.2 Mil | Securitized |
Federal National Mortgage Association | 1.27 | 7.1 Mil | Securitized |
Discover Card Execution Note Trust | 1.08 | 6.0 Mil | Securitized |
Principal Government Money Market R-6 | 1.07 | 6.0 Mil | — |