Given concerns around this fund’s risk management at the total portfolio level, the fund’s cheapest share classes are downgraded to a Morningstar Analyst Rating of Neutral from Bronze, and the most expensive share class is downgraded to Negative.
Principal Global Div Inc Instl PGDIX
NAV / 1-Day Return
13.88
/
0.29
%
Total Assets
4.6 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.680%
Expense Ratio
0.680%
Fee Level
Average
Longest Manager Tenure
11.40
years
Category
Allocation--15% to 30% Equity
Investment Style
Mid ValueCredit Quality / Interest Rate Sensitivity
Low / LimitedStatus
Open
TTM Yield
4.35%
Turnover
—
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will PGDIX 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 PGDIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PGDIX 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 PGDIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Recent bouts of market stress laid bare this fund’s structural weaknesses.
