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 9.02 / +0.22 %
- Total Assets 575.8 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 2.95%
- Effective Duration 6.20 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:19 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 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 |