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Morningstar

Principal Inflation Protection R4 PIFSX

Morningstar Medalist Rating
Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 7.34  /  0.68 %
  • Total Assets 1.5 Bil
  • Adj. Expense Ratio
    0.770%
  • Expense Ratio 0.770%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Medium
  • Category Inflation-Protected Bond
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 6.07%
  • Effective Duration 7.03 years

USD | NAV as of Sep 21, 2023 | 1-Day Return as of Sep 21, 2023, 10:29 PM GMT+0

Morningstar’s Analysis PIFSX

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

People Pillar

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

Strength in Principal Inflation Protection R4's Process Pillar is partially offset by an Average People Pillar rating, leading to 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-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PIFSX

More PIFSX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 145
  • Other Holdings 72
  • % Assets in Top 10 Holdings 33.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

1 Year Interest Rate Swap Receive

10.41
156,576,590
Government

1 Year Interest Rate Swap Receive

10.41
156,552,594
Government

3 Month Sofr Fut Mar24

8.44
126,944,081
Government

United States Treasury Notes

3.71
55,729,545
Government

United States Treasury Notes

3.63
54,633,539
Government

United States Treasury Notes

3.50
52,708,358
Government

United States Treasury Notes

3.36
50,541,072
Government

United States Treasury Notes

3.30
49,630,942
Government

United States Treasury Notes

3.20
48,079,090
Government

United States Treasury Notes

3.12
46,936,367
Government