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Morningstar

Principal Opportunistic Municipal A PMOAX

Morningstar Medalist Rating
Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 9.61  /  0.00
  • Total Assets 145.5 Mil
  • Adj. Expense Ratio
    0.840%
  • Expense Ratio 1.050%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 4.09%
  • Effective Duration 6.96 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 PM GMT+0

Morningstar’s Analysis PMOAX

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

  • People Pillar

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

Principal Opportunistic Municipal A's Average Process Pillar and People Pillar ratings result in 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 PMOAX

More PMOAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

ST JAMES PARISH LA REV

2.26 3.3 Mil
municipal

ONEIDA INDIAN NATION N Y TAX REV

2.18 3.2 Mil
municipal

CALIFORNIA EDL FACS AUTH REV

2.08 3.1 Mil
municipal

SUFFOLK REGL OFF-TRACK BETTING CORP N Y REV

2.07 3.1 Mil
municipal

NAVAJO NATION ARIZ

1.76 2.6 Mil
municipal

TENDER OPT BD TR RCPTS / CTFS VAR STS

1.74 2.6 Mil
municipal

FLORIDA DEV FIN CORP SOLID WASTE DISP REV

1.72 2.5 Mil
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH

1.63 2.4 Mil
municipal

PORT BEAUMONT TEX NAV DIST DOCK & WHARF FAC REV

1.63 2.4 Mil
municipal

LOWER ALA GAS DIST GAS PROJ REV

1.59 2.3 Mil
municipal