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Principal Government & High Qual Bd R1 PMGRX

Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 8.63  /  +0.24 %
  • Total Assets 642.1 Mil
  • Adj. Expense Ratio
    1.290%
  • Expense Ratio 1.290%
  • Distribution Fee Level High
  • Share Class Type Retirement, Medium
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment
  • Status Limited
  • TTM Yield 2.25%
  • Effective Duration 6.11 years

USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:17 PM GMT+0

Morningstar’s Analysis PMGRX

Will PMGRX outperform in future?

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

Weakness in Principal Government& High Qual Bd R1's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

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 highest quintile among peers.

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Portfolio Holdings PMGRX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 18.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal National Mortgage Association

4.77 31.6 Mil
Securitized

Government National Mortgage Association

3.40 22.5 Mil
Securitized

Government National Mortgage Association

3.23 21.4 Mil
Securitized

Cash Offset

2.86 18.9 Mil

Future on 2 Year Treasury Note

2.59 17.2 Mil
Government

Federal National Mortgage Association

2.31 15.3 Mil
Securitized

Government National Mortgage Association

2.23 14.8 Mil
Securitized

Government National Mortgage Association

2.15 14.2 Mil
Securitized

Federal Home Loan Mortgage Corp.

2.10 13.9 Mil
Securitized

Fnma Pass-Thru I

2.08 13.8 Mil
Securitized