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Principal California Municipal Instl PCMFX

Analyst rating as of
NAV / 1-Day Return
11.03  /  0.02 %
Total Assets
672.8 Mil
Adj. Expense Ratio
0.510%
Expense Ratio
0.540%
Fee Level
Average
Longest Manager Tenure
9.20 years
Category
US Fund Muni California Intermediate
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
0
Status
Open
TTM Yield
2.19%
Effective Duration
5.89 years
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Morningstar’s Analysis

Will PCMFX outperform in future?

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

A thin team that hungers for yield.

Associate Analyst

Summary

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Principal California Municipal's small investment team, willingness to take on relatively high amounts of credit and interest-rate risk, and middling fees support a Morningstar Analyst Rating of Neutral on its cheaper share classes, while its most expensive is Negative.

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