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Principal Core Fixed Income R5 PIOQX

Analyst rating as of
NAV / 1-Day Return
10.26  /  0.20 %
Total Assets
8.3 Bil
Adj. Expense Ratio
0.750%
Expense Ratio
0.750%
Fee Level
High
Longest Manager Tenure
15.37 years
Category
US Fund Intermediate-Term Bond
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
0
Status
Open
TTM Yield
2.46%
Effective Duration
5.96 years
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Morningstar’s Analysis

Will PIOQX outperform in future?

Get our overall rating based on a fundamental assessment of the pillar’s below.

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

Associate Analyst

Summary

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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.

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