Principal Bond Market Index R3 holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
Principal Bond Market Index Fund R-3 Class PBOIX
- NAV / 1-Day Return 8.32 / +0.24 %
- Total Assets 3.0B
-
Adj. Expense Ratio
0.690%
- Expense Ratio 0.700%
- Distribution Fee Level Low
- Share Class Type Retirement, Medium
- Category Intermediate Core Bond
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Min. Initial Investment 0
- Status Open
- TTM Yield 3.50%
- Effective Duration 5.78 years
USD | NAV as of Jun 10, 2026 | 1-Day Return as of Jun 10, 2026, 12:22 AM GMT+0
Morningstar’s Analysis PBOIX
Will PBOIX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the PBOIX 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 PBOIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 7.7
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Principal Government Money Market R-6 | 2.66 | 78M | — |
United States Treasury Notes | 0.89 | 26M | Government |
United States Treasury Notes | 0.60 | 17M | Government |
iShares iBoxx $ Invmt Grade Corp Bd ETF | 0.59 | 17M | — |
United States Treasury Notes | 0.59 | 17M | Government |
United States Treasury Notes | 0.59 | 17M | Government |
United States Treasury Notes | 0.47 | 14M | Government |
United States Treasury Notes | 0.46 | 14M | Government |
United States Treasury Notes | 0.45 | 13M | Government |
United States Treasury Notes | 0.44 | 13M | Government |
United States