Skip to Content

Principal Core Fixed Income J PIOJX

Analyst rating as of
NAV / 1-Day Return
10.27  /  0.20 %
Total Assets
10.1 Bil
Adj. Expense Ratio
0.810%
Expense Ratio
0.810%
Fee Level
Low
Longest Manager Tenure
15.76 years
Category
US Fund Intermediate-Term Bond
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
1,000
Status
Open
TTM Yield
2.26%
Effective Duration
6.13 years
Premium

Morningstar’s Analysis

Will PIOJX outperform in future?

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

Wait and see how this strategy fares under its new, more conservative mandate.

Associate Analyst

Summary

| |

Principal has tried to provide the experienced managers leading Principal Core Fixed Income with additional support, but a still-small team and above-average fees ultimately give us pause. It earns a Morningstar Analyst Rating of Neutral on its cheaper share classes, while its more expensive share classes earn a Negative.

Unlock our full analysis with Morningstar Premium