Morningstar

Principal Inflation Protection Fund R-3 Class PIFPX

Morningstar Medalist Rating
Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 7.27  /  −0.28 %
  • Total Assets 2.1B
  • Adj. Expense Ratio
    0.680%
  • Expense Ratio 0.950%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Medium
  • Category Inflation-Protected Bond
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 4.32%
  • Effective Duration 6.32 years

USD | NAV as of Aug 10, 2026 | 1-Day Return as of Aug 10, 2026, 10:48 PM GMT+0

Morningstar’s Analysis PIFPX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Principal Inflation Protection 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.

by Morningstar Automated Analysis
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Portfolio Holdings PIFPX

More PIFPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 36.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes

4.14 89M
Government

United States Treasury Notes

4.01 86M
Government

United States Treasury Notes

3.97 85M
Government

United States Treasury Notes

3.67 79M
Government

United States Treasury Notes

3.50 75M
Government

United States Treasury Notes

3.46 74M
Government

United States Treasury Notes

3.41 73M
Government

United States Treasury Notes

3.39 73M
Government

United States Treasury Notes

3.39 73M
Government

United States Treasury Notes

3.33 71M
Government

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