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Morningstar

Principal Diversified Income A PGBAX

Morningstar Medalist Rating
Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 11.94  /  +0.22 %
  • Total Assets 2.7 Bil
  • Adj. Expense Ratio
    1.050%
  • Expense Ratio 1.050%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 6.34%
  • Effective Duration 4.09 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis PGBAX

Will PGBAX 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 PGBAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PGBAX 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 PGBAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Principal Diversified Income A's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings PGBAX

More PGBAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Principal Government Money Market R-6

3.09 82.1 Mil
—

Specialty Stl Holdco Inc 15.28854%

1.49 39.5 Mil
Corporate

TNOTE 5.3 REPO

1.21 32.0 Mil
Cash and Equivalents

Cliffwater Enhanced Lending I

1.13 29.9 Mil
—

Future on 2 Year Treasury Note

1.11 29.4 Mil
Government

Variant Alternative Income Institutional

1.06 28.1 Mil
—

Real Alloy Cmn

1.05 27.9 Mil
—

MATERIAL SCIENCE NOTE

0.81 21.5 Mil
Corporate

United States Treasury Notes

0.76 20.2 Mil
Government

SNY 10 1/4 SR

0.73 19.4 Mil
Corporate