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Morningstar

Principal Core Plus Bond R5 PBMPX

Morningstar Medalist Rating
Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 9.05  /  +0.35 %
  • Total Assets 560.1 Mil
  • Adj. Expense Ratio
    0.690%
  • Expense Ratio 0.690%
  • Distribution Fee Level High
  • Share Class Type Retirement, Large
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.67%
  • 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 PBMPX

Will PBMPX outperform in future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PBMPX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PBMPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PBMPX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Principal Core Plus Bond R5 to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PBMPX

More PBMPX Holdings
  • 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
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