Morningstar

Principal Multi-Sector Income Fund Class R6 PGBLX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $11.07  /  −0.09 %
  • Fund Size $1.8B
  • Adjusted Expense Ratio 0.630%
  • Net Expense Ratio 0.680%
  • Fee Level: Distribution Above Average
  • Share Class Type Retirement, Large
  • Morningstar Category Multisector Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 6.71%
  • Average Effective Duration 4.23 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis PGBLX

Will PGBLX outperform in the 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 PGBLX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Principal Multi-Sector Income R6 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.

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Portfolio Holdings PGBLX

More PGBLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Principal Government Money Market R-6

5.39 100M
—

Vanguard Short-Term Corporate Bond ETF

4.32 80M
—

Principal Spectrum Pref Secs Actv ETF

4.26 79M
—

iShares Broad USD High Yield Corp Bd ETF

3.75 69M
—

United States Treasury Notes

2.39 44M
Government

Cash Offset

1.16 22M
—

Specialty Stl Holdco Inc 12%

1.12 21M
Corporate

CURRENCY CONTRACT - USD Purchased

0.92 17M
Derivative

Real Alloy Cmn

0.80 15M
—

CURRENCY CONTRACT - TRY Purchased

0.66 12M
Derivative

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