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Principal Core Fixed Income Instl PIOIX

Analyst rating as of
NAV / 1-Day Return
8.57  /  0.67 %
Total Assets
9.8 Bil
Adj. Expense Ratio
0.540%
Expense Ratio
0.460%
Distribution Fee Level
Average
Share Class Type
Institutional
Category
Intermediate Core Bond
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
0
Status
Open
TTM Yield
2.74%
Effective Duration
5.94 years

Morningstar’s Analysis PIOIX

Will PIOIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

This intermediate core offering favors corporate credit.

Summary

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Principal Core Fixed Income's experienced portfolio managers and upgraded data tools drive decision-making for this credit-focused core bond offering; however, meaningful turnover among the credit research and trading ranks warrant caution. This strategy earns a Morningstar Analyst Rating of Neutral across all share classes except for the most expensive ones, which are rated Negative.

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